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Ponzi

LUNC Terra Classic Ponzi SchemeThe collapse of Terra's LUNA and TerraUSD cost investors over $40 billion. Some of them lost their lifetime savings, others lost borrowed money and some even committed suicide. This project made investors lose trust in the crypto space as well. The CEO of Terraform Labs, Do Kwon, is facing criminal charges for building a Ponzi scheme in South Korea, Terra investors being victims of fraud. Billionaire Bill Ackman also considered the project to pyramid scheme. Do Kwon was the one behind Basis Cash, another failed algorithmic stablecoin in which people lost $54 million. Terraform Labs also lost US Appeal Securities and Exchange Commission Subpoena. I don`t see a future for this project. There is a chance that its founder, Do Kwon, end up in jail if the criminal charges for building a Ponzi Scheme will turn out to be true.
Short
by TopgOptions
20
LUNA Ponzi SchemeThe collapse of Terra's LUNA and TerraUSD cost investors over $40 billion. Some of them lost their lifetime savings, others lost borrowed money and some even committed suicide. This project made investors lose trust in the crypto space as well. The CEO of Terraform Labs, Do Kwon, is facing criminal charges for building a Ponzi scheme in South Korea, Terra investors being victims of fraud. Billionaire Bill Ackman also considered the project to pyramid scheme. Do Kwon was the one behind Basis Cash, another failed algorithmic stablecoin in which people lost $54 million. Terraform Labs also lost US Appeal Securities and Exchange Commission Subpoena. I don`t see a future for this project. There is a chance that its founder, Do Kwon, end up in jail if the criminal charges for building a Ponzi Scheme will turn out to be true.
Short
by TopgOptions
4
Reasons for Crypto-Optimism During the Next RecessionMade a list of a few things for crypto holders to be optimistic about the recession/depression about to unfold in the global markets right now. - Crypto's market cap is less than 1% (possibly even less than 0.1%) of traditional stocks. If the stock market goes down, - Banks are taking their time raising interest rates on savings accounts while pushing mortgage and loan rates up at the same time. This will make staking rewards (XTZ- 4.6%, ETH - 3.65%) look appealing. - The 2008 recession coincides with a period where tech companies (Apple, Google, Facebook, Microsoft) took over the charts of the Fortune 500. We're likely to see a similar thing happen again - crypto is the industry most positioned to be in that category right now. - Ponzi schemes exist in traditional markets too, and we're going to see Bernie Madoff-esque figures emerge as the market starts to dip. Madoff was able to keep his racket going for over 20 years just because the stock market kept on going up and up. When that stops, the scams will too. (Many of these practices have been "legalized" in the finance worlds at this point, but it won't change the fact that people will lose money and there will be a backlash against that.) This will further erode trust in the traditional markets as a whole. People generally don't do research unless they're forced to, but the economic slowdown may force a lot of people to look further into the details out there. This generally works in favor of crypto assets since what they offer now is just a better deal for most people out there.
KRAKEN:XTZUSDLong
by RyanTanaka
1
LUNA PONZI PLAYED OUT PERFECTLYThis LUNA chart that I charted back in February speaks for itself. Head & Shoulders target met, Diamond Top pattern hit. BTC dumped November, LUNA went onto pump and make ATH. The fake out is the best I have ever seen as I said in previous post. LET me be clear, I do not follow the news so I did not no what happened with LUNA until my girlfriend told me to check the charts when I was at work. I was not surprised because the charts show you the news before it happens days, weeks, months in advance. One ENTITY and one person making the moves is called a Composite, which makes this a centralised project (centralised finance). I hope this chart shows people to remove emotion and zoom out. NOT FINANCIAL ADVICE.
by Fakeoutking82
5
ENS “Dao token” back to 3$ This ponzi called ens came out this week and I think it’s going to be one of these pump and dump style coins coming into the market with a bang and then slowly bleeding to single digits. What I would like to do is wait for Coinbase to list ens and short the hell out of it after the next mega pump! If this ponzi pumps to $65 again then short it, it’s litterally worthless, these delusional kids think a domain registrar is worth billions, haha well your gonna see what it’s worth soon after all the insiders that got tens of thousands of free tokens dump on you idiots that came in and bought it after they airdropped it to an entire community who just lost their asses buying ponzi jpegs for ungodly amounts of money.
Short
by WalrusFat
23
Tesla Trillion - Trillion - Trillion - Oh MyWho cares. What is valuation anyway. RISING RATES ENVIRONMENT TOO!!!! Yikes...... CRASH IMMINENT! Valuation matters. Please see $SMH. #chipwars. Tesla is not immune. Don't forget, #dogefather Ponzi Pogger still owes us a SPACE TRUCK AND TESLA ROBOT. Guess we can sell $SHIB 'til then.... GTFO Elon. Let's get some FINANCIAL JUSTICE goin. Go Gary G! P.s. #cannabisreform is #thegem for next decade. $KERN has the Compliance DATA. That's JOBS AND JUSTICE.
NASDAQ:TSLAShort
by EpicEconomics
1
Vanguard Consumer Discretionary - Overseas Profits Ponzied Buy Buy Buy. the playbook of the past decades with such low interest rates. Raising rates seems to be the the kryptonite. Not very popular to be messing with those. You know, cause then #stonks will crash. Don't wanna disturb the bubbles. oh my. More #quickmoney #squidgame #trumpcoin $DWAC SPAC #thetell (one of the many). BUYER BEWARE! *valuation matters #shibarmy #failarmy lemmings abundant. AVOID THE FOMO!! sign of the times
AMEX:VCRShort
by EpicEconomics
GME is on the brink of collapse!Good news everyone! My broker offers GME now. The spread is 40c. And by experience I would say the GME pyramid scheme is likely to be about to fall. I would love to short this bag, but it is very volatile that is the problem. I need to compare it to some other examples. Especially since the stock market is not my core activity. Compare it to some stocks but not only. This is no longer a share but a gambling ticket. I'm more experienced with those fortunately. The technic here will be the same as retail gambling lotery tickets and not some hedge fund. This one is not very mainstream Another popular mainstream "investment" (like Enron) The more "dumb money" involed, the bigger the retraces? Tesla is really dangerous it goes beyond the "dumb money" bag/gamble. It is a cult with a prophet that is very skilled at manipulating. Ah this science religion. Tech just really has been stagnating for a while. We get hit by a cold virus and suddenly the world is paralyzed. These cultists honestly think because you can download an app on your smartphone we will experience eternal life, kek. GME bagholders are on the verge of breaking. And then later this The issue is, can't pinpoint the top. Maybe they'll be a small distribution? There is time for the big short, right now short term. And later on we'll look into the big one more. As scientists say "more research is needed on the subject". Either some distribution at the top of some kind (if that even works) or simple wait for the downtrend to start and short on a sucker rally. A couple more screenshots A legend of bagholding (and bulls arguing): My favorite... There is a danger with bag chasing gamblers but fortunately they also provide a solution, they act as resistance. The more ignorant gamblers act tough by proudly saying they bought and will keep buying to "beat the damn bears", the safer it is to short 😉
NYSE:GMEShort
by MrRenev
46
Retest the downtrend from ATHs (BTC) market structure (S/R flip)Hello traders, Many traders who use technical analysis hear phrases that suggest a "broken support level will become a future area of resistance" or that a "previous level of resistance will become a support." For beginner traders, phrases like this sound like they're spoken in another language, and even many experienced traders never fully understand or appreciate this intriguing role reversal. This article will attempt to shed light on the importance of support and resistance levels and illustrate why traders should take particular note when they reverse roles. (S/R flip) Please do me a favour and hit the like button or leave a comment to show your support to my page. 👍
BITSTAMP:BTCUSDShort
by YurloTrades
16