This isn't a shitcoin
It's Silicon Valley Bank $SIVB, which resumed trading today

This isn't a shitcoin
It's Silicon Valley Bank $SIVB, which resumed trading today

Buy #Bitcoin
If it looks like a shitcoin, smells like a shitcoin, walks like one tooβ¦ isnβt it ?
Hello, how is your trade going?
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On March 10, 2023, Silicon Valley Bank was seized by the California Department of Financial Protection and Innovation (DFPI). The bank had been struggling with financial problems for several months, and the DFPI determined that it was no longer able to meet its financial obligations. The FDIC was appointed as receiver for the bank, and all of its deposits were insured by the FDIC. The bank's branches reopened on March 13, 2023, under the name of the Deposit Insurance National Bank of Santa Clara.
How does a stock go back below it's $0.68 IPO?
They turn trading back on.
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Then they put it out of its misery by delisting it.

And this will continue, like all the times before. The fire will burn down the little companies and at the moment, where a system relevant company also starts to struggle, the money printer will start at a much higher pace than before.
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Hodl Hodl #Bitcoin
Silicon Valley Bank uses a token called the dollar which is a shitcoin.
Sucks to be them.
Banks are the new shitcoins π
Technically it is a shitcoin.
1) bitcoin is geek stuff
2) blockchain is interesting, btc is "old code"
3) some alt-coins are scams
4) all alt-coins are sh*tcoins
5) fiat's a sh*tcoin
6) everything is a sh*tcoin except bitcoin