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The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their

 
SpaceWarz
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05/12/2022 09:52 PM
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The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their personal wealth... while Elon Musk's Tesla bought massive amounts of digital currency
Operation Nexus
SpaceWarz  (OP)

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05/12/2022 09:53 PM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
[link to www.dailymail.co.uk (secure)]
Operation Nexus
bigD111

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05/12/2022 10:25 PM

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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
Good article! Doubt we have seen the bottom yet!
deplorably republican
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05/12/2022 10:34 PM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
where did all that money go?

israel.
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05/12/2022 10:41 PM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
where did all that money go?

israel.
 Quoting: Anonymous Coward 83215815


They didn’t misplace the money. Do you understand what a crash is?
Anonymous Coward
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05/12/2022 10:43 PM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
thats what they get for helping the stupid crypto market, bitcoin isnt crypto its digital gold. If they would have stayed with Bitcoin it would have been a big drop like they have been through many times, this is nothing new for Bitcoin

But nooooo they had to bring in every tiny little bs coin they ever heard of and create a tulip run
Shaun Kaven

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05/12/2022 10:48 PM

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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
Good article! Doubt we have seen the bottom yet!
 Quoting: bigD111


Almost.

I do consulting work for family offices and one of those families is one of the world’s biggest Bitcoin miners. They told me in a conference call yesterday that they can see BTC movement days in advance by monitoring the gigahash rates and difficulty. They’ve generally been correct though technically their algorithm has a 92% accuracy rating.

Anyway, they told me BTC will hit $27K or maybe even $26K in the coming days but then start to rebound. They’re projecting BTC $50K within 3 months though obviously this has nothing to do with their algorithm, it’s just a prediction. They’re waiting for the $27K point to pounce.

We shall see.
“A government big enough to give you everything you want is strong enough to take everything that you have”, Thomas Jefferson
Anonymous Coward
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05/12/2022 11:15 PM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
I doubt those guys took any kind of hit, more like they've been selling which is why the price is going down. By the time they declare it publicly, they'll be whole, while the little guy will be left holding a worthless crypto token. LOL!
Anonymous Coward
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05/12/2022 11:18 PM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
I’m sure regardless of what happens they have banked other investments in hard assets. They’ll be ok. As for me different story…
Anonymous Coward
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05/12/2022 11:21 PM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
Good article! Doubt we have seen the bottom yet!
 Quoting: bigD111


Almost.

I do consulting work for family offices and one of those families is one of the world’s biggest Bitcoin miners. They told me in a conference call yesterday that they can see BTC movement days in advance by monitoring the gigahash rates and difficulty. They’ve generally been correct though technically their algorithm has a 92% accuracy rating.

Anyway, they told me BTC will hit $27K or maybe even $26K in the coming days but then start to rebound. They’re projecting BTC $50K within 3 months though obviously this has nothing to do with their algorithm, it’s just a prediction. They’re waiting for the $27K point to pounce.

We shall see.
 Quoting: Shaun Kaven


0-noseLIE
blackdiamond

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05/12/2022 11:24 PM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
I remember spending an entire dollar on an egg of silly putty. A dollar was a ton of money back then and was serious money to me. Well,when I got home and started putting the S.P. through it's paces I realized I was totally ripped off !At least I HAD the Silly Putty.


I don't see Crypto as an investment but I could see trading it and just hover over it to bail. How is it an "investment"? It doesn't do anything at least the Silly Putty did stuff. It was still lame but it did stuff ?1dunno1
Anonymous Coward
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05/12/2022 11:30 PM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
Stupid articles these peoples wealth fluctuates constantly it’s tied to their stock/assets and is mostly irrelevant since they are never selling it all at once. They just borrow against it and pay it back in full when the value is high with no taxes required just interest
Anonymous Coward
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05/12/2022 11:35 PM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
Who cares? They bring nothing to the table. Just parasites.
Anonymous Coward
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05/12/2022 11:35 PM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
Good article! Doubt we have seen the bottom yet!
 Quoting: bigD111


They’re projecting BTC $50K within 3 months though obviously this has nothing to do with their algorithm, it’s just a prediction. They’re waiting for the $27K point to pounce.

We shall see.
 Quoting: Shaun Kaven


Highly unlikely ... unless the FED completely capitulates on interest rates rises within the next week or 2
Anonymous Coward
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05/12/2022 11:37 PM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
Redeem Him!
Jack The Leper

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05/13/2022 12:02 AM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
where did all that money go?

israel.
 Quoting: Anonymous Coward 83215815


fuk you hater. and your too stupid to know that it is worth what the last person is willing to bid on it. The money doesn't go anywhere. Sheese.
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With all Thy saints above.
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05/13/2022 12:05 AM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
Good article! Doubt we have seen the bottom yet!
 Quoting: bigD111


Almost.

I do consulting work for family offices and one of those families is one of the world’s biggest Bitcoin miners. They told me in a conference call yesterday that they can see BTC movement days in advance by monitoring the gigahash rates and difficulty. They’ve generally been correct though technically their algorithm has a 92% accuracy rating.

Anyway, they told me BTC will hit $27K or maybe even $26K in the coming days but then start to rebound. They’re projecting BTC $50K within 3 months though obviously this has nothing to do with their algorithm, it’s just a prediction. They’re waiting for the $27K point to pounce.

We shall see.
 Quoting: Shaun Kaven


None of that's true.
IAFphantom

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05/13/2022 12:06 AM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
It already is above 30k. When BTC goes down like it did over the past 4 days, it's market manipulation. Last year it was China saying they will "ban bitcoin" (they are so transparent it's funny, they wanted to ban bitcoin so they can roll out their digital yuan), then Elon suddenly discovering that mining bitcoin takes electricity, and then the US Fed saying "they will regulate crypto" (which they already do). Crashes like this are designed to induce panic selling. When the price reaches a certain level (25k in this week's case), they all start buying again, leaving you with losses.
Anonymous Coward
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05/13/2022 01:54 AM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
where did all that money go?

israel.
 Quoting: Anonymous Coward 83215815


Ukrael
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05/13/2022 01:59 AM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
no one gives a shit about them
Anonymous Coward
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05/13/2022 02:02 AM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
No sympathy for the devil.
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05/13/2022 02:05 AM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
It already is above 30k. When BTC goes down like it did over the past 4 days, it's market manipulation. Last year it was China saying they will "ban bitcoin" (they are so transparent it's funny, they wanted to ban bitcoin so they can roll out their digital yuan), then Elon suddenly discovering that mining bitcoin takes electricity, and then the US Fed saying "they will regulate crypto" (which they already do). Crashes like this are designed to induce panic selling. When the price reaches a certain level (25k in this week's case), they all start buying again, leaving you with losses.
 Quoting: IAFphantom


Yeah bitcoin is only down $33,000 in the last six months lol
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05/13/2022 02:10 AM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
It hit 24 and change already. Recovery is here. Whales be buyin
Anonymous Coward
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05/13/2022 03:14 AM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
Good article! Doubt we have seen the bottom yet!
 Quoting: bigD111


Almost.

I do consulting work for family offices and one of those families is one of the world’s biggest Bitcoin miners. They told me in a conference call yesterday that they can see BTC movement days in advance by monitoring the gigahash rates and difficulty. They’ve generally been correct though technically their algorithm has a 92% accuracy rating.

Anyway, they told me BTC will hit $27K or maybe even $26K in the coming days but then start to rebound. They’re projecting BTC $50K within 3 months though obviously this has nothing to do with their algorithm, it’s just a prediction. They’re waiting for the $27K point to pounce.

We shall see.
 Quoting: Shaun Kaven


Of course they would say that....These fluctuations are artificially created by the Elites using their proxies like Blackrock and Vanguard. The Millenials will freak and dump. The Fed will then have an excuse to impose their Draconian regulations. Ponzi scheme over but the Crypto infrastructure that we all have been exposed to will be used for their Fed-coin bastardization once the hyper-inflation goes into overdrive by the end of the year.

The "little coins" were useful for the more nefarious branches of the Elites to "wash" their money. The "real" criminal families know that physical money is being phased out. "It's a big club, and WE ain't in it " lol.
Anonymous Coward
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05/13/2022 03:19 AM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
where did all that money go?

israel.
 Quoting: Anonymous Coward 83215815


fuk you hater. and your too stupid to know that it is worth what the last person is willing to bid on it. The money doesn't go anywhere. Sheese.
 Quoting: Jack The Leper


The money wasn't even there in the first place, lol. The value of a crypto at time T is just the price of the last purchase. Doesn't mean it's all valuated the same.
Florida Man
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05/13/2022 03:33 AM

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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
Must be a bummer only being worth 2 billion now.

Hope the make it.
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Susu Castle

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05/13/2022 04:31 AM

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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
You gotta know when to hold 'em, you gotta know when to fold 'em


Kenny Rogers said it best
Susu Castle
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05/13/2022 04:35 AM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their personal wealth... while Elon Musk's Tesla bought massive amounts of digital currency
 Quoting: SpaceWarz


Hmmm....

Elon's most liquid asset was his crypto from selling cars.

Elon needs money to buy Twitter.

Elon announces he suddenly has cash.

Connect dots.
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05/13/2022 04:53 AM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
BTC, ETH & HEX

all im focusing on the next few months.
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05/13/2022 05:00 AM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
where did all that money go?

israel.
 Quoting: Anonymous Coward 83215815


They didn’t misplace the money. Do you understand what a crash is?
 Quoting: Anonymous Coward 79318196


No, he's too busy pulling his own pud and blaming Israel for it being so little and sore.
Anonymous Coward
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05/13/2022 05:01 AM
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Re: The 'Crypto Bros' who've lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their
It already is above 30k. When BTC goes down like it did over the past 4 days, it's market manipulation. Last year it was China saying they will "ban bitcoin" (they are so transparent it's funny, they wanted to ban bitcoin so they can roll out their digital yuan), then Elon suddenly discovering that mining bitcoin takes electricity, and then the US Fed saying "they will regulate crypto" (which they already do). Crashes like this are designed to induce panic selling. When the price reaches a certain level (25k in this week's case), they all start buying again, leaving you with losses.
 Quoting: IAFphantom


Crypto crash: almost $1 trillion wiped off markets as Bitcoin hits lowest level since 2020

[link to www.techspot.com (secure)]





GLP