This may be a bit odd but I still think that the amount of similarities we have got in this situation can't be a complete coincidence. Since CZ exposed SBFs scam (and rightfully so), his own game-plan seems mirror a lot the same game-plan from SBF earlier this year.

Gaining trust from customers by presenting their transparency and "good" reserves, also doing bail-out of other partners in crypto. All that while your situation just worsens in the back.

When LUNA collapsed earlier this year, SBF seemed to be the one person coming out to "help" struggling crypto firms and he was praised for that. Everyone seems be be struggling except FTX. Now we obviously know that all that was just a orchestrad play to gain trust and basically lie to us.

Right now there are some similarities with CZ too:

• Talk about the strength of your own exchange through proof of reserves (which seems be not so detailed at Binance as liabilities are mit even included)

• Making a whole plan to bail-out other struggling crypto companies. They even once said to purchase FTX but dropped that after just looking at their balance sheet for a few hours.

• CZ tweeting a lot of shit to gain the trust of people (which mostly backfires as his false claims against Coinbase)

This all may be some heavy speculation but still the similarities are there and I would say to not rely on any centrakized exchange right now, no matter how big.

[Thanks to all who replied and sent a PM. Much appreciated. Just to update- the BTC and LTC I sent finally came through about 24hrs later.]

Hi. I don’t know much about crypto but I’d been curious about crypto wallets and tried out a few.

One of them was crypterium which has been rebranded to choise.

Anyway, I decided to transfer the LTC I had in here to another wallet, and after a few hours, it still hadn’t transferred. I searched on blockchair and it says my wallet address never had any LTC to begin with (this LTC I had bought through the choise app).

So I entered my choise BTC wallet address as I had transferred a small amount from a different wallet a while back. The transaction was there - same amount, same date. But according to blockchair, my BTC wallet is currently empty as that BTC I had before had been moved out a month after I deposited it.

It had gone to another wallet, which upon checking, seemed to have numerous transfers and a hell lot of bitcoin.

So my question is- is this the BTC wallet for choise (is there such a thing?) or is there sth else going on?

The wallet that my BTC got sent to: https://blockchair.com/bitcoin/address/3DwxL684YpbfQ3ApPq4G16XQANKZyqDNcF

P/S: I had bought and transferred XRP out of choise and into a different wallet, and it worked, so I am wondering why it doesn’t work with LTC and BTC.

Edit: I was only trying things out, so lost about $300. Something I was willing to risk. Just putting this out there in case there are other people using this wallet.

Quantum computing gets closer to becoming a reality every day. I am aware the Algorand had enabled proof of state on their block chain.

State proofs enable the blockchain to digitally sign any given message in a way that is easily verifiable by everyone. This is clearly a fundamental ability for a blockchain.

My biggest concern is this type of thinking ahead happening on other blockchain networks as well?

I can’t imagine Eth hasn’t implemented something yet but I can’t seem to find anything else about it.

In theory wouldn’t quantum computing render any other crypto useless if it’s not prepared.

A few days ago, Justin Sun's exchange Poloniex dropped support for stablecoins on Binance's BSC network. Firstly, SBF "lost the war against CZ". There were many ties between SBF and CZ from reports of a SBF-Sun agreement in buying a major stake in Huobi, the FTX credit facility post withdrawal-pause that used tokens owned by Sun, to Sun's Tron naming SBF's Alameda Research a whitelisted institution that enabled SBF's Alameda to mint and the right to burn USDD as well as act as advisor and recommender to Sun's network.

This could very well be just SBF's friend taking up the mantle and continuing the "war" against CZ. Granted, this removal of BSC support is like a step in Sun's plans to cement his USDD as the dominant stablecoin, at least on his exchanges. But of course, most of these founders have huge egos and a business decision is never just a business decision as we saw with the SBF-CZ feud.

This might be something to DYOR on as it is a new niche and it has been in development since the bear market started by a project called reBASE (@reBASEgg on twitter).

Let's use Dragon Ball Z for example. If that IP was to get into NFTs, they could do a global NFT Treasure Hunt where users use an app with augmented reality to search their surroundings for Dragon Balls with the winner or winners receiving a grand prize of some sort. I use DBZ because the tech is basically the same as using the Dragon Radar device.

Beyond DBZ, any brand could host such an event with their own twist. Nike or Adidas could launch new shoes as NFTs with the winners winning an exclusive pair. There are a ton of possibilities.

Just sharing the idea here as I think it could be leading NFT narrative next cycle (if there is one :))

Last thanksgiving, I’m guessing a lot of us fell for the $100K BTC / $10K ETH / $1 DOGE etc etc hype. Clearly that blew up in our faces, but now things are different. We are very clearly in the depths of this crypto winter with no real hope in the near future. So while last year predictions were made in the euphoria stage, I want to hear your predictions (1-3 per comment) in the despair stage.

Could be anything, price predictions, will some coins make new ATH / not make ATHs, will Celsius/Voyager/FTX customers get their money back? Will alt coins be registered as securities? Will the flippening happen? Will a certain alt coin be in the top 10? Any and all crypto related predictions are welcomed.

To make it a little more exciting, I’ll track the top comments and check back in every now and then. It’ll be fun to read this post in 2 years (Nov 23rd, 2024; arguably in the midst of a new bull market) to see if we have any smooth brained geniuses here. Remember, all predictions will be judged true or false based on all data on Nov 23rd 2024. So if your prediction isn’t true by that day, I’ll consider it a failed prediction.

My predictions: 1. SOL and XRP will not be at a new ATH 2. ETH will be at a new ATH, but I don’t think it’ll reach $10K. 3. BTC makes a new ATH (duh)

Conspiracy Theory: Despite not being ready, FTX forced Aptos to launch early in a last ditch effort to save themselves.

I made this post a few weeks ago, before the FTX collapse. I detailed a number of issues regarding its very unsuccessful launch. One thing mentioned was its heavy investment from FTX.

We know that the blockchain really was not ready to launch - the failed NFT mints, tokenomics schedule not published, and poor TPS levels etc…

Now that we've seen what was really happening at FTX, I've got a new theory on why the Aptos launch was a dismal failure. And this is absolute speculation. No evidence. Take with lots of grains of salt.

So now I think FTX forced them to launch in the hope that the value of the chain would go up and they could use it to hide some of their collateral losses on FTT. Maybe they thought they could possibly get away with it for another year.

The fact that the tokenomics were so difficult to come by leading up to the launch suggests two things to me - they weren't actually confirmed yet. Maybe FTX wanted to modify the original agreement. How much influence did they really have? Maybe they secretly wanted to be able to dump some of it earlier than originally agreed to.

I wonder if the tokenomics were being created in collaboration with FTX in a bid to rig their ability to unload early, a swift change was made for a one year token unlock that may not have been in the

Despite only launching one month ago, the first VC token unlock for Aptos is less than a year away. FTX wouldn’t have been allowed to sell any Solana until a year after that.

TLDR: Maybe FTX rigged the Aptos token unlock to dump on retail to cover their losses.

Hi there crypto bros!

I've been hit by a friend sending me a link to some Twitter thread related to genesis & how it won't avoid the bankruptcy .

Thread's link is this one: https://twitter.com/hodlKRYPTONITE/status/1595324566783819776

I also add second tweet: " 2/n - I didn't want to write another thread but seeing the media read @BarrySilbert 's letter the wrong way really got to me. I don't want to see people get tricked by another @SBF_FTX" We all are aware that nobody knows a sh*t about what will happen but I found the guy's "

I'm not trying to generate more fud yet found his conjectures some sort of interesting as he adds public info & the threat itself is quite extensive & detailed.

Anyway stay safe guys & take care of your coins.

Edit: fixed the "threat" typo :/

There still seems to be loads of institutions that are attempting to short the market, and a mixture of retail not taking Jerome Powell seriously. And of course it didn't take long for news articles to pop up claiming traders are gauging the state of the market or that bullishness is returning to crypto.

It is my opinion that this is one big ass bear trap and no matter what they refer to it as (santa rally, lmao?) it won't end well for retailer gamblers looking to play with the big boys shorting Btc. Powell will announce later today what the next rate hike will be. Many are already talking about a ' dovish ' tone.

People often say don't try to catch a falling knife but at this stage it seems like red hot burning knives and the institutions and media love playing with peoples emotions, because if you were certain you wouldn't be easy to manipulate.

Macro trend still looks rocky, rate hikes will most likely drag crypto to newer lows. Even if the rate hikes go to 0.50 or 0.25 they are still being raised before a pause. And that pause won't come in the first quarter of 2023, fed has already decided this and their recent 0.75 increase x4 is the quickest in modern history, so prepare yourselves folks, Powell is not screwing around.

I keep seeing the narrative that Alts don't come back post bear market pushed on twitter. I know that historically in bear markets a high number of Alts don't come back looking at the top 100 coinmarketcap data, presumably because people lose interest in them, the network or dev teams fail or they are replaced with new, better alternatives during the time.

My main Alt choices for the bear would be Tezos, Polkadot & Algorand. All of these provide nice staking % and the stacks keep growing with time without you having to do anything. I personally think each of these have a future based on their network utility.

Even if you choose to hold these I would still reccomend holding BTC and ETH. For me, ETH will be approaching buy level prices in the next 10 - 20% down and I'll be looking to start DCA back in around there. My personal feeling on the market is that there is potential for more downside but that we will bottom eventually (probably higher than March 2020) and then trade pretty much sideways for an extended duration before slowly starting to increase again.

Id love to see comments on your fav 🐻 market alts and why you think it will come back or, adversely why you think a particular Alt won't. Best of luck everyone!

You want hopium? Here's some that may not feel like it, but amidst all the current uncertainty it qualifies. Do we know when the true bottom will be? No. Has it already arrived? Nobody can answer that with certainty so we dunno.

Here's what we do know. Before FTX ever happened the crypto market had already fallen by over 2 trillion dollars. That's more than two thirds of the entire market wiped. We know this is due to the fed tightening monetary policy to fix inflation. A simplified way of explaining this is that in 2021 we had a massive bullrun that saw Btc go from under 10k to nearly 70k and it obviously dragged all the alt coins to the moon with it.

This was only possible because the money printer went brrrr and large institutions and hedge funds with billions of dollars could borrow money at an interest rate of 0-2%... This means they could play monopoly with billions of dollars.

Now inflation needs to be brought down and speculative assets like crypto won't be attractive until the inflation is brought much closer to 2%. The best part however is that there WILL be another bullrun, despite everyone telling you nobody knows. Ultra rich people will always wanna gamble, and once the technical recession is dealt with somewhere later into 2023 the money printer will once again brrr us to the moon.

The same people acting like we're in the great depression also won't tell you that billionaires move the market not average joes. Once conditions are favourable to take on debt again the bullrun will be back again and the next one will probably be the mother of them all because of regulations and such and crypto becoming a more entrenched idea.

https://impt.io/?clickId=fx_b17374_046c3041632c9c4ee74fe4a0edc44723_1

Disclaimer - This is not a post, sh\*ing on crypto! I'm fairly heavily invested into several coins and, although my portfolio is down, my outlook isn't! We'll all make it through this!*

1 year ago, u/dmack080288 posted a !RemindMe 1 year post, where fellow Redditors predicted the price of several popular coins. Check it out, if you'd like a chuckle! The idea behind it, was to look back today, and see how much we all could have gained, if only we'd invested back then! Unfortunately, as we all know, things haven't gone so well since...

Below are the prices at the time, vs the price right now -

On the bright side, I genuinely think now is the perfect time to try this again! With any luck, we're close to the lowest point of the current cycle, and 1 year from now, we really will be able to look back and appreciate having invested, today!

So, in the spirit of the original post... where do we think we're gonna be, 1 year from now...?

Now please, don't read that title and go act like a fool. Don't go running and making any rash decisions then say some rando on Reddit told you to. Make of the current market what you want to, but I find it interesting. The doomsday articles are on slow burn, the temperature is steadily rising.

Usually when articles start talking in absolutes you start getting the feeling the market may be getting closer to bottoming out. You'll notice titles like crypto is dying or Btc will fall, or any such '' absolutes '' that make it seem like the situation will never return to normal again.

Monetary policy can't stay tight forever, and when the fed inevitably reverses policy and prints again, there's a lengthy period in between now and the next bullrun. This is where things get interesting, keep your eyes peeled and don't obsess, but pay close attention.

I hope this question isn't asked here frequently. We know that some coins were huge during the 2017 bull market but performed poorly during the next one. I'm talking LTC, XRP IOTA, XEM etc. Still, if you bought these coins at the bottom, you would have made a good return, however, the point is, you would have taken less risk and made a better return if you simply bought BTC.

So which of the current coins in the top 100 do you think will perform worse than the most?

This is just my opinion, but I think that SOL has a pretty damaged reputation so it could be in that list. Also, any exchange tokens (maybe except BNB since it's constantly being burned and promoted by Binance), because people have lost faith in centralized exchanges. Also the metaverse tokens were quite overhyped, but who knows.

Here's my prelim casting notes for the upcoming Ftx film that is being sold rn.

1. Jonah Hill
2. Gaten Matarazzo
3. Paul Giamatti

My preference is Gaten, who i know would slay it. That's about all I have. Anybody else have suggestions for SBF, CZ or Caroline? Would love to hear them.

Caroline:

1. Aubrey Plaza
2. Elle Fanning?
3. Meryl Streep

Bonus question: who should direct? My personal choice would be Bong Joon-ho or Christopher Nolan.

Bonus bonus question: Will you end up seeing it, or is living through it enough of an experience for one lifetime?

Also, every person with a creditor claim should get a percentage of the box office profits IMO.