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52444991 No.52444991 [Reply] [Original]

Why do midwits insist that the collapse of FTX is a bad thing?

Removing billions of dollars worth of derivatives is bullish af.

>> No.52445027

Short term bearish due to liquidity crisis, long term bullish as fakery and bad actors get purged.

>> No.52445070

Binance is next

>> No.52445157

>>52445070
I can only get so erect

>> No.52445176

>>52445157
Tether after that.

>> No.52445250
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52445250

>>52444991
You have to have an IQ of over 125 to not be considered a midwit, midwit
But that’s beside the point Cryplet
If you didn’t figure it out by now, the astronomic price of crypto was engineered by the same exact firms and exchanges that you hope will crash
Without normie friendly exchanges to buy crypto, how the fuck are you going to find new money for your scams?
What is worse than a midwit? It’s a midwit that’s a Cryplet, a recipe for bankruptcy and poverty

>> No.52445285

>>52445250
Seetbing nocoiner. FTX was barely liquid as a spot exchange and the least beginner friendly exchange for that reason.

>> No.52445293

>>52444991
The collapse of FTX just further demonstrates why real crypto (bitcoin) is needed in the first place. Bitcoin is sovereign money. You don't trust the bank with your money, you are the bank. People who hold coins with a (((CEX))) missed the entire point of crypto and deserve to lose.

>> No.52445409

>>52445176
Tether brings it all down. Stable is a mirage.

>> No.52445581

>>52445250
I’m not a midwit. I’m just stupid, stupid.

>> No.52445671

>>52444991
>No more billions to Democrat Party
>No more billions to jew 'charities'
>No more hundreds of millions to celebrities
>No more hundreds of millions to sports teams
>No more billions to normie shitcos like SpaceX and Robinhood
>No more hundreds of millions plowed into the property market of the Bahamas
>No more ransacking DEFI protocols
>No more Solana Rugpull Ecosystem
>No more Serum
>No more Craptos
>Predatory VC funds BTFO
>Billions in BTC and ETH locked up for a decade
>No more Alameda scamwicks
>No more talmudic trickery
A vast hole in crypto, leaking untold billions every year has been plugged. It's bullish AF. Bitmex x1000

>>52445176
>>52445409
So much USDT has been locked up in liquidations and taken off the market by all the collapses this year that Tether is highly likely to be de facto solvent.