Subnostr

😂🤣🤣

That fiasco truly helped a lot Bitcoiner’s accumulate generational wealth.

If FTX hadn’t sold 1.4 billion in Bitcoin paper and destroyed that real demand, spot would’ve broken 100k easily.

If FTX hadn’t been exposed as a fraud, spot Bitcoin wouldn’t have bottomed nearly as low as 15k.

Now more than a year after FTX imploded they’re still beating up spot price as a repercussion of their fraud. Another good entry for a new class of plebs.

nobody 2y ago

They also shined a bright light on GBTC as well, still being felt.

Thank you fat drug soyboi; a Bitcoiner salutes you. 🫡🫡

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Discussion

BTC_P2P 2y ago

I 🧡 SBF 😂🫡

nobody 2y ago

Tshirts need to be made. I’d buy one.

SatsMan 2y ago

🧡

TKay 2y ago

What’s the relationship between FTX and GBTC?

nobody 2y ago

Bout tree fiddy

nobody 2y ago

TKay 2y ago

Interesting. So FTX holds GBTC and now is selling it.

Honestly, if the price only dipped this much even with all the coins being dumped on the market that’s really impressive.

nobody 2y ago

💯🎯🎯🎯

no₿ody™ 🧱 2y ago

Perfect occasion for this (bc smol dips are lame)

Nunya Bidness 2y ago

I go into detail on this during the first 20 minutes of today’s episode if you want my take on it.

https://fountain.fm/episode/SrHAr7nCGL5XXhdR2Pt2

cuban 2y ago

There's a big flow of these sold coins to the new e t f companies

nobody 2y ago

cuban 2y ago

P I c k l e b a l l

nobody 2y ago

Unmute

cuban 2y ago

zap

nobody 2y ago

Doog 2y ago

nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx

Wen Ten31 sponsored pro pickleball team?

nobody 2y ago

Here we go meme added here.

🙄

BTC_P2P 2y ago

Apparently only 30% of the GBTC sale proceeds have gone back into eeteaeffs but that according to Bloomberg so idk if it’s accurate. That was their claim though.

nobody 2y ago