/biz/ - Business & Finance

tanking cus of multibridge hack?

>>55486086
Literally irrelevant.

Brutal selloff, it's over

>>55486086
fucking universe hates me
bought fantom literally yesterday

what happened to multichain now? nmiggerasdgasdgasdgasdgasdg

>>55486086
Why did andre have to wait so long to deploy the god damn native stablecoin and synths, fucking fag

>>55486086
everything is fine, you can LONG now

>>55486188
buy today nigger
checked
>>55486199
because according to the AMA andre said that Tether, Circle, and Binance (lol) think ftm is a scam
>>55486215
thanks just bought 100k

>>55486086
I had profits, so it had to dump to put me at loss

>>55486188
Alright anon, you just witnessed a red candle. So what? Was that enough to scare you into submission?
Currently there are so many shills, so many newfags and in the midst of all this madness, there is you.
You already started to ask yourself a multitude of questions that do not really advance your personal cause in this market.
Should I sell or buy more? Is this the top? Will it crash? If it crashes, where is the bottom?
Just as you can see, nothing of value. Superficial nonsense that keeps only absolute amateurs awake.
You on the other hand are no amateur anymore, or at least you are here long enough to understand what I'm saying.
You know that the Bogs are not dead and keep a watchful eye on everything.
It feels like a curse, you start to see gains, you buy more and it goes down.
You see it goes down, you sell and it goes up. An everlasting frustration.
Your mind is not even functioning properly anymore. You see numbers, hear them in your head, what do they whisper to you?
Make no mistake, these are deceiving voices of greed talking. When you look at yourself in the mirror, you witness a strange figure.
You barely recognize him. “who is that?” You slightly whisper. It is you anon, an archetype of a gambler.
A literal degenerate that wastes his income on artificial pump and dump schemes. It should not be like this and you know it.
You feel something is wrong here. It seems that you do everything right, but why do you never make it?
The dream is front of you, you can almost grasp it and in that second it all fades away.
It should not be like this, chasing something that is unattainable is lowering a vacuum over you.
And all of this because of some red candle. Don't live in the now, but foresee oneself a healthy obtainable future.
The end goal is not to amass more crypto or fiat, the goal is to be free.
I sincerely wish good gains to your portfolio and Godspeed. We are all in this together.

If multichain is done, the entire chain is fucked, like harmony one level fucked.

>>55486514
agreed. Surprised it's holding as well as it is

HAHAHAHHAHAHAHAHAHAHAHHAAAHAHAHAHAHAHAHAHAHHAHAHAAHAHHAHAAHAHAHAHAHHAHAHAAHAHHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHHAHAHAHAHAHHAAHHAHAHHAHAHAHAAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAAHHAAHHAHAHAHAHAHAHAHAHAAHAHAAHAHHAHAHAHAHAHAHAHAHHAAHHAAHHAHAHAHAHAHAHAHAAHHAAHHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHHAHAHAHAHAAHAHHAHAHAHAHAHAHAHAHAHHHAHAHAHAHAHAAHHAHAHAHAHAHAHAHAHAHA.

Fuck you FTM Nigger,
Sincerely HbarChar

>>55486086
where's funnynumber with the fud kek

>>55486086
Why the fuck I'm seeing wagie cagie from this token logo?

>>55486106
This selloff is nothing to a seasoned tranny. Ones I know are literally angry it didn't dump more.

>>55486199
i keep saying it, theres a huge issue with the chain right now....Its literally the ONLY thing holding back positive price action and its this: FUSD v1 was such a terrible failure, no liquidations hurt the market immensely. Right now, we have a ton of people onchain that are holding bad debt on PWA wallet. If you leveraged your staked fantom at pretty much anything $2.50+ and didnt bother to pay on the way down, you are now holding about 10-30% of that position as bad debt for the PWA protocol, which is what enables staking for the network. In order for FUSDv2 to be enabled, liquidations have to be turned on, but doing so would crash the entire network due to the bad debt...basically before the price can go up, the price has to...go up....incentives to bring liquidity are needed right now, the foundation needs to start some sort of good program to bring it.

Unfortunate for multichain.
There's still nothing inherently wrong with FTM itself.
It'll bounce back up.

Its kinda funny how such insignificant news can move the price by like 15% given the marketcap of fantom

I do believe i am in the stage of coping right now as i wrote that. This is terra luna all over again isnt it?

>>55486086
thanks for pointing this out. I love FTM because it is very predictable but more volatile. I don't know much about it, but it seems to roughly follow btc.

I'll buy FTM when it dumps additional -40% against the market. I believe the chain is utter trash but it's explosive shitcoin that could pull x300+ next bullrun so it's a worthy bet

>>55486653
Kek I see it too now

LITERALLY NOTHING IS WRONG WITH FANTOM

WHY IS THIS FUCKING BRIDGE CAUSING THIS DUMP

>>55488444
Because the tokens that underpin the value of wrapped assets on Fantom are gone. USDC under peg at .325 per FTM. And that's not going to recover until somebody plunks in a few hundred million. Same with DAI, WBTC and Weth.

>>55486106
Anons said the same about avax after the double mint dump. You won't demoralize me this time faggots.

this is bullish for LINK

>>55486653
Lmao you can make something out of that

>>55488444
ftm is fine. just degens selling their wrapped shitcoins for ftm. hope that 2% yield was worth it.

>>55489123
only reason FTM is not at zero is people selling the shitcoins they had on there for FTM. They will start transferring to CEX soon to dump for real though.