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****Official Crypto Degen Thread****

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I am tempted to start a separate thread on crypto scammers, scam influencers and rug pulls. A massive rug pull has been blowing up the past few days with $TIME Wonderland. It was revealed yesterday that one of the main players in $TIME was one of the two people involved in the massive ponzi of what was, at the moment, the largest crypto exchange in Canada.


Some not so small losses by regular people

 
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I am tempted to start a separate thread on crypto scammers, scam influencers and rug pulls. A massive rug pull has been blowing up the past few days with $TIME Wonderland. It was revealed yesterday that one of the main players in $TIME was one of the two people involved in the massive ponzi of what was, at the moment, the largest crypto exchange in Canada.


Some not so small losses by regular people

Holy shit. That response by Joe is not only tone deaf, but will destroy him in any lawsuit that comes up. Simply astounding.
 
Holy shit. That response by Joe is not only tone deaf, but will destroy him in any lawsuit that comes up. Simply astounding.

He's quoting Daniele Sesta who is the other co-founder of $TIME. You don't need to spend very long reading the twitter posts from all of this playing out that he has been in on this all along, What has also been made clear in reading the many replies to the various twitter threads is how easily people are duped. So many post that they still believe in Daniele and they are "going to support him" while he supposedly fixes this mess. So many desperately want a leader to follow who will solve all their problems and make everything easy for them.
 
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Follow this guy, zachxbt.eth, on Twitter. He was posting about irregularities with $TIME back in September or October. He has uncovered numerous scams and scammers. He was in the middle of dropping a huge amount of research on YouTube influencer BitBoy Crypto when this $TIME thing exploded. BitBoy has over a million followers, many of whom are poorer because they are dumb and listen to him.


 
It will be interesting to watch the charts and the crypto related Super Bowl commercials tonight

 
Six ads tonight, according to this and other twitter posts



In addition, some traditional brands will have crypto related ads


As crypto companies increase their advertising spending, brands have pumped out crypto-theme campaigns or marketing gimmicks to leverage the buzz surrounding cryptocurrencies.

Miller Lite is running an ad during the game, but not on the broadcast itself. Rather, the ad will be visible inside a “bar” on the virtual-reality platform Decentraland, a variant on the metaverse. Miller maker Molson Coors Beverage Co. TAP.A -3.03% is unable to air ads on the official broadcast because its rival Anheuser-Busch InBev SA has long held the exclusive rights to advertise beer in the game.

The National Football League itself is playing this angle, too, offering people at the game commemorative nonfungible tokens, or NFTs, linked to their physical ticket.

TurboTax, the tax-preparation software made by Intuit Inc., ran a spot during the NFL playoffs showing a man suffering through the ups and down of crypto investing—causing him much confusion about whether he is a millionaire or not. A TurboTax expert chimes in: “Crypto is complicated, but as a tax expert with crypto experience you can hand your taxes off to me.”/
 
Here's a new token that I am going to purchase today. Chingari, the Tik Tok of India.





GARI is up 28% in the last 24 hours and up 95% in the last 7 days. Bitcoin is down 10.7% over the past 7 days. Whenever Bitcoin has a significant uptrend, and that may be a while, GARI should go up significantly. At least, that's my bet.

GARI is the TiKTok of India. The original TikTok is outlawed in India.








 
This is looking to be a good plan. Buy whenever the price approaches 37,320 and sell as it moves close to 44,385. Both points have repeatedly been support or resistance.



These points acting as support or resistance are more evident on a daily or hour chart. This is the weekly chart.

D3CW6CNK



Edit: I tightened the range. Buy at 37,320 and sell at 39,390. If Bitcoin stays above 39,400, then mid and small cap Alts should start pumping.

oBFwQpd7
 
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Many, if not most, of these Alts will go to zero or near zero and never recover. This happened to a lot of the once high flying Dot bombs in the early 2000s. Now is the time to identify a small handful of Alts that will pump when things turn around.

 
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Many, if not most, of these Alts will go to zero or near zero and never recover. This happened to a lot of the once high flying Dot bombs in the early 2000s. Now is the time to identify a small handful of Alts that will pump when things turn around.


I am kicking myself for holding alt at this point.
 
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Here is the thing. If Ripple were to lose the case(I don't believe they will) it will not be the end. The company is and has been busy infiltrating the global money remittance world that it will survive and thrive. My guess if they were to lose the case they pull up stakes and move to a friendly country to go public. XRP will not go away.
 
Looking at the comments from that data, half the people say Bitcoin is going to crash, the other half say it’s about to take off.
 
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