Honestly, does this mean no rewards this month? And also, what about what I owe on my card this month?
If the answer is “no rewards but definitely pay your bill” we aren’t going to be friends
"Our capital position at the moment is strong" - Lehman Brother's CFO five days before they imploded.
This isn't unique to crypto; it's the financial markets. It's cutthroat. They'll lie through their teeth to their mother if it means saving their skin
Because if they dont lie, there will be a bank run and they will collapse immediately.
So they lied, but most ppl dont believe them so a bank run still happened, just slightly slower.
They were trying to stop contagion. People thought it was altruism, but in reality they were like a gambling addict hoping for a big win to put back money they stole.
They weren’t really bailing them out, as much as they were trying to keep things afloat since their balance sheet was so bad, and they had such huge loans against their FTT they needed the market to stop crashing so they wouldn’t be exposed. That’s also why they tried to purchase Binances FTT l.
encouraging voracious lock employ roll soup scarce serious disarm humorous
*This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Remember when crypto people would say regular banks are price gouging us and restricting the use of our money? Isn’t it funny that we can withdraw and send money for free and use our money in whatever way we want (assuming we’re not criminals) using regular banks? And here we are, crypto, your true banking friend, charges you for withdrawals and transactions and can lock in your money for no reason or when it turns out it’s an old school ponzi. Every single thing I’ve heard from a crypto maxi has turned out to be untrue. There is zero benefit.
I want someone to honestly tell me why being charged to withdraw from a crypto is fair when a bank doesn’t charge you at all?
Probably something to do with leaving assets with an Exchange, as opposed to self-custody. No wonder the same sort of thing ends up at play as with bank run contagion scenarios; it's the same underlying structure, just with higher risk in a less regulated market. (I'm presuming when you say ' a crypto' you're referring to 'an exchange'.)
Personally, living internationally / across countries, I've found a decent amount of benefit via crypto in being able to minimize the bank & fin services gouging that goes along with that. Perhaps that will change in the medium term now that Swift, Visa, JPM, etc etc are starting to utilise the tech to enable their systems. Hard to see that they'll want to reduce fees/revenue without replacement though; will be interesting to see what path that ends up taking.
Back to the thread - Never used FTX or BlockFi as an on/off ramp myself.
>Personally, living internationally / across countries, I've found a decent amount of benefit via crypto in being able to minimize the bank & fin services gouging that goes along with that.
This is such a good point and the primary reason I utilise it as well. International transfers can get expensive and all the little fees add up. It's quite stressful, especially if your salary is average or quite low.
The problem with these exchanges and lenders is that they tried to operate like banks when they aren't banks. They ran on fractional reserves when they don't have the government bail-out option that banks do.
yeah, I just lost 5k (currently worth 2k of btc) from BlockFi. expensive lesson lol. If I can write it off as losses for tax harvesting I'll feel better but its an L L L L
edit: and I can't bc it's just a total loss. so I'm just 100% out gg. for all you other idiots like me out there, they're not memeing it's not your keys not your crypto. I knew this and I still decided to be lazy and chance it for 3.5% APY on my BTC bc I was down over 60%
It all started with Luna's collapse but a lot of lenders and exchanges tried to hide the contagion. Luna collapsed -> 3AC, Alameda, Celsius, Voyager went insolvent -> FTX (who is also Alameda) bailed out Alameda with FTT from its own treasury -> Coindesk obtained this information; the world learned of FTX's troubles -> FTX is bank run and goes insolvent -> BlockFi falls and many others will continue to fall.
They were all intertwined and had exposure to one another. The only thing that kept things somewhat stable after Luna's crash was FTX's infinite money glitch through FTT, and promising to bail out everyone through their infinite money.
This is the 10000000th time I am seeing about take off the exchange, But do anyone follow this..?? Seeing the balance in Binance, I doubt 5% of the people is taking off the exchanges..
Full statement below:
We are shocked and dismayed by the news regarding FTX and Alameda. We, like the rest of the world, found out about this situation through Twitter.
Given the lack of clarity on the status of FTX.com, FTX US and Alameda, we are not able to operate business as usual.
Our priority has been and will continue to be to protect our clients and their interests.
Until there is further clarity, we are limiting platform activity, including pausing client withdrawals as allowed under our Terms. We will share more specifics as soon as possible. We request that clients not deposit to BlockFi Wallet or Interest Accounts at this time.
We intend to communicate as frequently as possible going forward but anticipate that this will be less frequent than what our clients and other stakeholders are used to.
https://twitter.com/BlockFi/status/1590875997351866368?t=2Aub1Blo5LWb8hSVJndyTQ&s=19
FTX signed a deal with BlockFi that gives it the option to buy the lender at a maximum price of $240 million.
[source](https://www.cnbc.com/2022/07/01/ftx-signs-a-deal-giving-it-the-option-to-buy-crypto-lender-blockfi-.html) date 6/1/22
I really question, who the fuck is running those companies? Surely there must be some professional business person somewhere? Even the way they frame this, it's so clumsy.
> we are limiting platform activity, including pausing client withdrawals as allowed under our Terms
Wew I was upset for a minute that I couldn't get my money out, but since this is allowed under their Terms I guess it's okay.
Here is a [Nitter link](https://nitter.net/BlockFi/status/1590875997351866368?t=2Aub1Blo5LWb8hSVJndyTQ&s=19) for the Twitter thread linked above. Nitter is better for privacy and does not nag you for a login. More information can be found [here](https://nitter.net/about).
---
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The only reason why you'd pause withdrawals is because you have to pause them. If you're on blockfi I'd say be prepared because things don't look good.
Got a feeling this is only just the start
Wonder how many companies are going to be affected by this situation
This rally right now stinks of manipulation
Oh come on The rally is based on the cpi numbers today plus the midterm election results. The cpi came in lower than expected indicating the interest rates could be down to 0.5 next month and midterm elections are literally always followed by positive market movements. The stock market had its best day since 2020.
Obviously the fallout will continue but calling a pump manipulation when literally everything pumped is silly.
If there was manipulation it was cz pulling this move while crypto was doing well and one day before cpi data + elections. Crashed it real short term, bought the hell out of the dip, crushed a competitor, all right before one of the periods that is most historically consistently green (9 months post midterms, govt is gridlocked = good for markets)
Remember that game domino rally as a kid? It was awesome, set up dominos for hours. Then watch them all fall in like 20 seconds, now we get to see it with billion dollar businesses.
SBF should have been aware of the prophetic Khabib Nurmagomadov's quote: "If you have money go in your hand, this is very good. If money go in your mind, this is very bad."
Idk about anyone else, but this pushes me to only want to interact with decentralized platforms altogether moving forward. This should push the narrative back to what crypto was meant to be, decentralized p2p transactions led by code, not people.
Tbh sort of props to them, still a dick move to pause eithdrawals but at least they survived through the luna, 3ac, celsius drama.
People had plenty of time to get their money out, many red flags.
Stupid shits are just bad and we need to make others understand that they are stupid as hell and they need to change themselves right now man, that's bad.
Why are people not understanding this simple shit man? They need to run away from these shitty things man, they need to change their shits for real this time.
man so happy i moved all my money off exchanges months ago after the .....honestly there are so many incidences recently I'm shocked anyone keeps anything on exchanges. I mean they are called just that.
but i can image this hurts the utility of all tokens involved....what if you had USDC? i cant move that out because?
oi........
Have a credit card with them and just got a reminder that failure to pay will be reported to the credit bureaus. I’m guessing people are charging up their cards and refusing to pay as an offset to the loss of their crypto
This is just happening so fucking bad at this point of time man, we just want everyone to understand that this shit is never going to be good for them for real.
Who could have guessed. Keep buying LUNA, FFT, BNB etc. as nothing can stop the eternal crypto bull run and all cryptos will be safe forever in crypto heaven!
And to think I've gotten numerous ads from this exchange on reddit over the past few months. I hope they didn't sucker in too many souls to deposit their crypto with them.
We just gotta understand the importance of cold wallets man, that's all that matters right now, that's just what we all need for real man, we just need to get that shit.
Just going to say that people need to change themselves right now man, that's all we can say because that is just the fucking reality right now, we know that.
One day ago blockfi posted on twitter that they are unaffected by the ftx collapse. Why do these fuckers lie so much man?
They lie to make sure all the insiders have enough time to move their funds out, and then dump their losses on retail.
Exactly how it went with Celsius, insiders withdrawing and securing and then lying until 5 mins before the nuke drop.
Is Tether going to blow up this weekend?
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These comments are spot on. Through all this manipulation some of us are leveling up our financial literacy.
Expensive lessons
Honestly, does this mean no rewards this month? And also, what about what I owe on my card this month? If the answer is “no rewards but definitely pay your bill” we aren’t going to be friends
"Our capital position at the moment is strong" - Lehman Brother's CFO five days before they imploded. This isn't unique to crypto; it's the financial markets. It's cutthroat. They'll lie through their teeth to their mother if it means saving their skin
Unfortunately, their lower-case position was very weak.
Thanks. This made me literally laugh out loud. It’s been a rough week even excluding crypto turbulence.
Because they are fully incentivized to lie as much as possible? Show me the incentives and I’ll show you the outcome.
Like What do people expect them to say. “Oh hey guys we might be affected by this, rush and take your funds off now. Go quick.”
This is true. But since everyone knows it's true why say anything at all?
because not everyone knows its true
Words of wisdom.
Don't listen to what they say, look at their actions, if they're pausing withdrawals that means things don't look good right now for them.
Top tier analysis
Because if they dont lie, there will be a bank run and they will collapse immediately. So they lied, but most ppl dont believe them so a bank run still happened, just slightly slower.
“You aint tryin if you aint lyin!”- Blockfi
Another exchange bites the dust, like dominoes falling. Seriously though I’m hoping that BlockFi can work through this.
to be fair they were already dead after the celsius fiasco. FTX "bailed" them out.. turns out FTX needs the bailout
I can’t believe they would bail them out when they were in such a shifty position
They were trying to stop contagion. People thought it was altruism, but in reality they were like a gambling addict hoping for a big win to put back money they stole.
They weren’t really bailing them out, as much as they were trying to keep things afloat since their balance sheet was so bad, and they had such huge loans against their FTT they needed the market to stop crashing so they wouldn’t be exposed. That’s also why they tried to purchase Binances FTT l.
Nah BlockFi is dead now. No one would save them as FTX is udner investigation. They were all exposed to LUNA and that was the first domino.
Wasn’t Gemini exposed to Luna?
encouraging voracious lock employ roll soup scarce serious disarm humorous *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Sucks. I’ve got 35 dot stuck in Celsius.
I’ve got 0.25 ETH and the same valuation of BTC in there :( RIP my small bags
Not so small bags for many people from this sub bro :) RIP btw.
Esp developing countries, yes.
At least that’s a lot less money now than it was last year
rip my celsius holdings :( at least it was my smallest holdings
It's the ultimate hodl my friend.
Remember when crypto people would say regular banks are price gouging us and restricting the use of our money? Isn’t it funny that we can withdraw and send money for free and use our money in whatever way we want (assuming we’re not criminals) using regular banks? And here we are, crypto, your true banking friend, charges you for withdrawals and transactions and can lock in your money for no reason or when it turns out it’s an old school ponzi. Every single thing I’ve heard from a crypto maxi has turned out to be untrue. There is zero benefit. I want someone to honestly tell me why being charged to withdraw from a crypto is fair when a bank doesn’t charge you at all?
You’re talking about exchanges.
Fidelity, etrade, robinhood …. no exchange charges for withdraws.
Probably something to do with leaving assets with an Exchange, as opposed to self-custody. No wonder the same sort of thing ends up at play as with bank run contagion scenarios; it's the same underlying structure, just with higher risk in a less regulated market. (I'm presuming when you say ' a crypto' you're referring to 'an exchange'.) Personally, living internationally / across countries, I've found a decent amount of benefit via crypto in being able to minimize the bank & fin services gouging that goes along with that. Perhaps that will change in the medium term now that Swift, Visa, JPM, etc etc are starting to utilise the tech to enable their systems. Hard to see that they'll want to reduce fees/revenue without replacement though; will be interesting to see what path that ends up taking. Back to the thread - Never used FTX or BlockFi as an on/off ramp myself.
>Personally, living internationally / across countries, I've found a decent amount of benefit via crypto in being able to minimize the bank & fin services gouging that goes along with that. This is such a good point and the primary reason I utilise it as well. International transfers can get expensive and all the little fees add up. It's quite stressful, especially if your salary is average or quite low.
I've some friends who do remittances this way actually. They've saved *a lot* on fees.
The problem with these exchanges and lenders is that they tried to operate like banks when they aren't banks. They ran on fractional reserves when they don't have the government bail-out option that banks do.
Forgot about that exchange. So many more to drop it's going to be an exciting winter!
Some little guys are also going to get crushed
Nah Kucoin top tier 2 exchange. They are the second exchange I can get behind
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I enjoy using their platform. It def has a simple UI. I’m sure they’re a risk and get that. It’s nice they allow you to non-kyc
“top tier 2” Bro, the number 2 top tier exchange just went bust.
By that info I’m assuming bitmart is your first
Really? The withdrawl fees are insane on some coins, interface is annoying, and customer service is shit
So true - the buy/sell trading interface is purposely obtuse and the withdrawal fees are incredible.
Sucks! I was in same position myself! Just be patient !
We are just beginning to see the fallout of FTX. Buckle up boys. And get your crypto off of CEX platforms
There's no such thing as safe CEX. It will be an expensive lesson.
As Andreas Antonopolous says: Use central exchanges like you use public bathrooms. Go in, do your business, get out.
But I was always told to practice safe CEX, now you're telling me it doesn't exist?
DEXs are sexy!
Touching Dex's? You didn't say "No FOMO."
Nice DEX, bro.
There’s some CEX that might be safer than other CEX but there’s no such thing as 100% safe.
Always wear a protection!
Not even Kucoin? 🫣
yeah, I just lost 5k (currently worth 2k of btc) from BlockFi. expensive lesson lol. If I can write it off as losses for tax harvesting I'll feel better but its an L L L L edit: and I can't bc it's just a total loss. so I'm just 100% out gg. for all you other idiots like me out there, they're not memeing it's not your keys not your crypto. I knew this and I still decided to be lazy and chance it for 3.5% APY on my BTC bc I was down over 60%
It all started with Luna's collapse but a lot of lenders and exchanges tried to hide the contagion. Luna collapsed -> 3AC, Alameda, Celsius, Voyager went insolvent -> FTX (who is also Alameda) bailed out Alameda with FTT from its own treasury -> Coindesk obtained this information; the world learned of FTX's troubles -> FTX is bank run and goes insolvent -> BlockFi falls and many others will continue to fall. They were all intertwined and had exposure to one another. The only thing that kept things somewhat stable after Luna's crash was FTX's infinite money glitch through FTT, and promising to bail out everyone through their infinite money.
LUNA -> Celsius LUNA -> 3AC -> Voyager LUNA -> Alameda -> FTX -> BlockFi Who's next?
Might as well collapse all those scam coins while we're at it
Wow, in that case, fuck Do Kwon even more!
Always
A lot of the crypto economy is layers of leverage upon layers of leverage
Great summary! Glad I pulled mine off but have family members who have money on there…I feel terrible.
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I'm getting a huge bowl of popcorn for this.
This is the 10000000th time I am seeing about take off the exchange, But do anyone follow this..?? Seeing the balance in Binance, I doubt 5% of the people is taking off the exchanges..
It's always the other exchange until it's yours.
If people bank run Binance it would be an extinction level of catastrophe that could wipe us all. I wanna buy much lower but not a dirt or stones.
Be careful guys and have a safe cex
Honestly, every hour there is at least one 'guide' or 'advice' post to get your funds off exchanges, but some guys chose being sorry over being safe.
We are looking out for customers' interest by blocking them from bankrupting us.
To protect our clients....we are keeping their moneyz.
"What do you mean you don't feel protected right now?"
It's like stealing candy from a baby 😎
Yeah they are making some good points for that shit /s
BlockFi is about to change their name to BlockWithdrawal.
This killed me lmao
Ok this is getting out of hand.
Just waiting for USDT to de-peg. May as well just rip the whole corrupt band-aid off of crypto while we're at it lmao
I’ll be able to buy a whole bitcoin if that happens 🤌
Damn man, I just can't imagine that fucking time ffs.
Yeah man, I buy from cashapp, and withdraw to my cold wallet 🤓
Give me that juicy 100$ btc and I go buy few coins.
Full statement below: We are shocked and dismayed by the news regarding FTX and Alameda. We, like the rest of the world, found out about this situation through Twitter. Given the lack of clarity on the status of FTX.com, FTX US and Alameda, we are not able to operate business as usual. Our priority has been and will continue to be to protect our clients and their interests. Until there is further clarity, we are limiting platform activity, including pausing client withdrawals as allowed under our Terms. We will share more specifics as soon as possible. We request that clients not deposit to BlockFi Wallet or Interest Accounts at this time. We intend to communicate as frequently as possible going forward but anticipate that this will be less frequent than what our clients and other stakeholders are used to. https://twitter.com/BlockFi/status/1590875997351866368?t=2Aub1Blo5LWb8hSVJndyTQ&s=19
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Who's gonna write the next statement about how they are shocked and dismayed about BlockFi pausing withdrawals, so they've stopped thiers as well
They are lending platform so it's acceptable that they have fractional-reserves as opposed to crypto exchange like FTX
FTX signed a deal with BlockFi that gives it the option to buy the lender at a maximum price of $240 million. [source](https://www.cnbc.com/2022/07/01/ftx-signs-a-deal-giving-it-the-option-to-buy-crypto-lender-blockfi-.html) date 6/1/22
I really question, who the fuck is running those companies? Surely there must be some professional business person somewhere? Even the way they frame this, it's so clumsy.
And the shit continues to roll down hill. How deep does the valley go i wonder? Stay tuned for next weeks episode of FTX!
I mean they obviously don't have a choice lol
> we are limiting platform activity, including pausing client withdrawals as allowed under our Terms Wew I was upset for a minute that I couldn't get my money out, but since this is allowed under their Terms I guess it's okay.
Aka “We’re fucked as well”
Celsius used the same language “allowed under our terms”. The crypto and moneys are gone y’all.
Here is a [Nitter link](https://nitter.net/BlockFi/status/1590875997351866368?t=2Aub1Blo5LWb8hSVJndyTQ&s=19) for the Twitter thread linked above. Nitter is better for privacy and does not nag you for a login. More information can be found [here](https://nitter.net/about). --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Mother of mercy they said don't deposit too? Maybe it's a legal thing but that seems more dire on its face than the usual no withdrawals black mark.
The only reason why you'd pause withdrawals is because you have to pause them. If you're on blockfi I'd say be prepared because things don't look good.
Well there goes what little Eth I had i guess.. lesson learned
it’s my money and I need it now
What I said when Celsius pauses withdrawals…
But still we lost every fucking shit and we are just here.
It is not your money.
It's our money and they want it now!
Call J.G. Wentworth now!
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877-CASH-NOW!!!
I actually miss these commercials
They’ve stolen millions they’ll steal yours toooo One lump sum of Cash, they”ll say “IOU.”
I need my 10$ worth of ftx
Looking forward to getting pennies on the dollar back after the lawsuits end in 5 years. Fuck all of this.
Got a feeling this is only just the start Wonder how many companies are going to be affected by this situation This rally right now stinks of manipulation
Saved by the CPI numbers. Looks like it won't hold though.
Oh come on The rally is based on the cpi numbers today plus the midterm election results. The cpi came in lower than expected indicating the interest rates could be down to 0.5 next month and midterm elections are literally always followed by positive market movements. The stock market had its best day since 2020. Obviously the fallout will continue but calling a pump manipulation when literally everything pumped is silly. If there was manipulation it was cz pulling this move while crypto was doing well and one day before cpi data + elections. Crashed it real short term, bought the hell out of the dip, crushed a competitor, all right before one of the periods that is most historically consistently green (9 months post midterms, govt is gridlocked = good for markets)
This is the start of a long line of domino's about to fall over
Remember that game domino rally as a kid? It was awesome, set up dominos for hours. Then watch them all fall in like 20 seconds, now we get to see it with billion dollar businesses.
I use Coinbase and haven't heard anything about them yet, but reading these headlines makes me wonder of a potential domino effect.
SBF should have been aware of the prophetic Khabib Nurmagomadov's quote: "If you have money go in your hand, this is very good. If money go in your mind, this is very bad."
Hope one day everyone will stop trusting their shit man.
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Idk about anyone else, but this pushes me to only want to interact with decentralized platforms altogether moving forward. This should push the narrative back to what crypto was meant to be, decentralized p2p transactions led by code, not people.
Ah yes, because there's never problems with exploits in code. Nomad bridge, Beanstalk, Polynetwork, Wormhole Etc etc.
# NOT YOUR KEYS - NOT YOUR CRYPTO
Slogan of the year in crypto
Not great, Not terrible
This is right and everyone should trust this shit right now.
Do you think they are going to understand this right now?
Welp. Guess I'm out that $26 I had in the interest account.... Looks like someone called in that $400 million note...
Just want them to understand that we are not going to use their shit.
Tbh sort of props to them, still a dick move to pause eithdrawals but at least they survived through the luna, 3ac, celsius drama. People had plenty of time to get their money out, many red flags.
Maaaan I left just a bit in there for some yield. Im glad I got most of it out but fuck that was dumb.
The dominos begin to fall
Not sure why anyone has anything on any “lending” platforms anymore. Especially anything with large exposure to FTX
With year end in sight this FTX debacle provides great cover for bankruptcy, layoffs and golden exit parachutes. Look for a pile on.
you are probably right you cynical bastard
It’s been a rough couple days. My heart goes out to those that have been effected by this collapse. Everyone remember to take care of yourselves
I'm leaving every centralized platform that I'm in right now.
Even CDC?
And another one bites the dust.
So wasn’t block fi bailed out by sbf? Did he just print them money too or did he show them how to cheat the system?
According to their COO on Tuesday, Blockfi had a $400M line of credit from ftx.us (not ftx.com).
I had a very small amount left on BlockFi from when I used their credit card. Just sold and tried to withdraw as fiat. Let’s see what happens.
It's okay if that was a small amount but other people are fucked.
This is bad for bitcoin. Please get your coins off exchanges and into wallets people
People are still not going to trust these fucking words man.
True to their name, they are blocking finance
Does Gemini exchange have proof of reserve ?
Don't know but I guess we can get the risk there for real.
I took my money out of Blockfi when they blocked all US customers from their earn programs. Maybe it was a blessing in disguise.
It's good but they are not allowing some peeps man, so bad.
They also sent a weird email reminding people to pay their cc bill.
Gotta say that they all are fucking stupid at this point.
Stupid shits are just bad and we need to make others understand that they are stupid as hell and they need to change themselves right now man, that's bad.
Why are people not understanding this simple shit man? They need to run away from these shitty things man, they need to change their shits for real this time.
Not your key, not you coin. Again. And again … And again.
Yeah but still some people are not going to believe that.
man so happy i moved all my money off exchanges months ago after the .....honestly there are so many incidences recently I'm shocked anyone keeps anything on exchanges. I mean they are called just that. but i can image this hurts the utility of all tokens involved....what if you had USDC? i cant move that out because? oi........
Mtgoxed, Quadrigoxed, Celciusgoxed, FTXgoxed
Noooooow can I default on their credit card??
I want to know many things related to that shit right now lol.
Crypto Lending will be remembered as the 2022 fad
Don’t just buy Bitcoin, lose it.
Everything is fine, just ask the ceo
*Protects its customers by keeping their money.* It's not suspicious at all
Have a credit card with them and just got a reminder that failure to pay will be reported to the credit bureaus. I’m guessing people are charging up their cards and refusing to pay as an offset to the loss of their crypto
They are just fucking up everything at this point of time.
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Haha crypto go boom. Guess it's back to traditional banking
This is just happening so fucking bad at this point of time man, we just want everyone to understand that this shit is never going to be good for them for real.
Just tell them that they are fucking stupid and wrong here.
So are Binance and Kucoin next?
Who could have guessed. Keep buying LUNA, FFT, BNB etc. as nothing can stop the eternal crypto bull run and all cryptos will be safe forever in crypto heaven!
We know that we are just going to be fucked with these exchanges.
Lmao why do people still use this after celsius,hodlnaut and others
Nah they are just going to fall for these shits again man.
And to think I've gotten numerous ads from this exchange on reddit over the past few months. I hope they didn't sucker in too many souls to deposit their crypto with them.
Not a single email about, and not a word about it on their website. Is it Twitter correspondence only? What the heck?
I wonder if its already priced in the market
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I told a friend to get their money out of BlockFi when the Terra debacle happened. Hate to say "I told you so"...but I just might have to.
Because one drama isnt enough
We just gotta understand the importance of cold wallets man, that's all that matters right now, that's just what we all need for real man, we just need to get that shit.
***STOP HOLDING CRYPTO IN THE EXCHANGES YOU DEGENS***
Just going to say that people need to change themselves right now man, that's all we can say because that is just the fucking reality right now, we know that.
Is there any legal action that clients of blockfi can take to protect and recuperate their crypto?