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mojobox

„… thanks to their greed …“ says the guy who bought crypto on loan. Who is gonna tell him?


TheRealSlimKami

That’s my favorite part. It’s THEIR greed that is the problem!


Evinceo

That's how a lot of scams, like 419 (Nigerian prince) scams for example, work. They play on your greed, make you complicit in _something_ or feel like you're the one taking advantage of them, then they rug your ass.


KevThePhysio

The entire idea of “I’m not succeeding because someone else is being greedy.” is hilarious to me. A total psychological sidestepping of any personal responsibility for one’s own outcome in life. Using the word “greed” to denounce the element of nature that beings (not just human) will always act in the pursuit of their own interests. Anytime I see/read someone use the word “greed” in almost any context whatsoever when it comes to finances, my brain instantly and almost instinctively just thinks “oh whoever wrote this is a lazy economic illiterate who doesn’t want to take responsibility for bettering their own life.”


ZoidsFanatic

The irony is just… so amazing.


CottonBalls26

> sipping cocktails on a beachright now. No you won't, diamond hands. You'd still be eating instant ramen whilst staring obsessively at a computer screen for months on end and berating anyone who thinks about selling...


baz4k6z

Is it just me who finds this diamond hands / paper hands concept cringe ? If you hold any financial position and you need the money, it's perfectly logical to cash it out. Maybe deep down butters know that if enough people sell, the whole system will come crashing down. That could explain why they consider it heresy to do so.


b3rn1312

Taking profits, balancing your portfolio, generating needed cash…all tools of a perfectly healthy, rational investment strategy. This isn’t that.


Unfriendly_eagle

"Belief in Bitcoin"...LOL. It's either a good investment or it isn't, there's nothing to "believe" in.


Gildan_Bladeborn

>"Belief in Bitcoin"...LOL. \#NotACult


Voice_in_the_ether

Belief, faith, and a heapin' helpin' of hope and wishes, and you've got yourself a sound foundation for making long-term financial investment plans. ***^(/s, in case it's needed)***


MuckFedditRods

you are in it for the money, they are in it for the technology, but i am in it for the religion. We are not the same


baz4k6z

May the bitcoin greed God favor you


Traditional-Fan-9315

Belief makes the network and as Moore's law takes effect, more power and thus more security. This then equates to higher price. So belief is actually important in this type of investment.


Ichabodblack

>  Belief makes the network and as Moore's law takes effect, more power and thus more security. Lol. You were pretending you knew the tech earlier. Moores law.... Thanks for the morning laugh!


hoenndex

This is why I write "have fun becoming poor" to these people. They brag about their paper gains, look down on those outside the cult, look with disgust at wage workers and "9 to 5ers" and anyone who wants to make a decent living contributing to society. They want to retire in their 30s so they don't contribute to society in any way. So many are dishonest and trying to get people to pump their bags.  Why should I feel bad when they inevitably crash and become poor due to their terrible life choices?


Dirkozoid

How do you contribute to society? Serious question, no offense..


hoenndex

I teach, no need to tell you what type of students, but definitely a contribution to society.


Dirkozoid

That’s nice…


RepairThrowaway1

That's not a serious question You're not asking in good faith, you're just a loser trying to manipulate people and failing to do so


togetherwem0m0

We shouldn't make such sweeping generalizations


skittishspaceship

They're not generalizations. That's what they're like. Not the dudes who just download Coinbase and bet on coins. Thats just a massive sucker base. Just ask draftkings. This is regarding the online sycophants. They are far from your average crypto bettor.


togetherwem0m0

what defines your population of "these people"


skittishspaceship

I just said it. Not the regular college kids who download Coinbase and trade some crypto for a year. It's a shame that goes on, but not them. It's the evangelists who post online religious dogma over blockchain. Got it this time? Didn't check your profile but I am sure that "these people" definitely includes you


togetherwem0m0

I'm a bitcoin maxi but I've never behaved the way you're stereotyping so I don't think that's fair


skittishspaceship

Lol do you have zero self awareness? > Nation states and corporations are going to fill their treasuries with the world's hardest asset because they have to. There will be no shortage of buyers at any "price", whatever that means in 20 years. You post constantly these sales pitches for crypto, on public message boards. You are exactly what I'm talking about


AsteriAcres

I try so hard to have empathy for these dudes, but it's just greed and laziness (get rich w/o working). They don't care how awful bitcon "mining" is, they don't care that it's facilitating seriously heinous crimes, all they care about is number go up and fuck everyone else. Which is essentially the libertarian ethos.....


Gildan_Bladeborn

>I try so hard to have empathy for these dudes Commendable, but there's a reason I *don't*, even slightly (except in the vanishingly rare exceptions where they give me any reason to take a different stance). >They don't care how awful bitcon "mining" is, they don't care that it's facilitating seriously heinous crimes, all they care about is number go up and fuck everyone else. ... and *this* is that reason: we get the very worst of the worst of the worst here, showing up out of the woodwork, so it's not entirely fair to paint them with a broad brush - but this is a snarky place, and I can, so I *do* (until they ever give me a reason to stop anyways) - but the core facet, the root fixation, that ultimately leads one down the garden path to "*ranting about having lost money in a Ponzi scheme that could have only been more obviously and exactly a Ponzi scheme if it had erected a flashing neon sign saying that, and then even larger flashing neon arrows pointing at the sign*" is ultimately... an "alternative belief system" about the nature of economics - aka, a stupid cult, clinging to correctly discarded ideas that they fished back out of the rubbish bin of history - that exists to justify libertarian political philosophy, by inventing and then building on top of a whole bunch of really dumb conspiracy theories that are only *very often* profoundly racist to Jewish people. **That's** the cauldron that ultimately spawns the brotheren, and the thing about belief in conspiracies is that there's this phenomenon known as "crank magnetism" - you don't just wind up believing in the one only very probably racist conspiracy, you wind up daisy-chaining your way into believing in a whole bunch of branching, related conspiracies, and just so, so many of those come from deeply awful places that you're just repeating the talking points of now, verbatim, once you start down that garden path of thinking that inflation is an evil plot to steal value by (((them))). I don't have any empathy by default for these dudes because when you drill down into what they believe in, what they're out there in the world discussing and advocating for... you realize that most of them are just ***profoundly terrible people*** with some manner of godawful regressive belief - there's a reason that there's so much overlap between "crypto-bros" and "the red pill (aka, "incels... and fake gurus selling expensive courses to incels"), why the phrase "wife-changing money" isn't a typo, why the joke about "strong opinions on age of consent laws" isn't actually a joke at all - and the rest are just deeply selfish assholes, who would probably laugh at you if the positions were reversed. So fuck the lot of them; they have no moral high ground to stand on or grounds to complain, when we're not particularly broken up or sorry to see them suffering the consequences of their own actions; they're fond of pointing out exactly how long this space has existed, as a misguided form of put down, well that's how long they could have been *listening*, to the warnings they chose to ignore.


CryptoEmpathy7

Brilliant rebuttal. I wish I could pin it. 🏆 I hope AmericanScream sees this. Not sure how to tag him on my mobile Reddit app. Thanks for sharing.


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skittishspaceship

You have no empathy or you wouldn't believe in this stuff. You're just harming people. You're projecting. What's this Just Transition? Lol. Sounds like another disciple has added a book to the Bible. Let me guess! Something like ... you've started to realize the criticizing about someone born 50 years from now having no chance to get Bitcoin, and you couldn't even get your vast imagination to imagine your way around that one, so you added some dogma about how fair it will all be once we transition to a Bitcoin world? Once all you guys are infinitely rich, it will all to be totally fair? Something like that?


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skittishspaceship

You're not saving any resources by the way. Consuming way way more of the world's power isn't making it less. If that was true we'd already be at zero and have the perpetual motion machine.


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skittishspaceship

No it won't. That makes no sense. It's just using more power.


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skittishspaceship

The miners capturing methane aren't using it for anything productive. All the resources it takes for them to build, setup, manufacture, maintain and operate that system to operate a ponzi scheme are entirely wasted. Bitcoin produces nothing of value. So there's no benefit. The exact same thing could be accomplished far more efficiently by just a law. Landfills have to do methane mitigation. They add the costs of methane mitigation to their charges There ya go. Done. No blockchain needed.


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skittishspaceship

Oh so nothing to do with Bitcoin then?


UniqueID89

“Thanks to THEIR greed I’m screwed right now. Had nothing to do with me investing all my savings in 50% yield farming. It’s only THEM who were greedy!”


xtremis

They should definitely complain to the authorities and the crypto regulation body... Oh, no, opsie, they don't believe in centralised anything, so all that's left to say is #beyourownbank, #fewunderstand and good luck paying back the debt you got into to buy monopoly fake money 💪🏻


Ok-Row-6131

If fraud being exposed is enough to tank your investment, it probably wasn't a very good investment


dasilma

Bahahaha man oh man. They never learn, even after being burned.


amyo_b

I wonder how machinsky's case is going? He asked in January to have a couple charges dismissed (or rather his lawyers did). I don't see how he argues against either market manipulation (with the CEL coin), there was a clear trail there. I kind of hope they hang him high (not literally, just a prison sentence) and fine the heck out of him. Even though his users ignored obvious red flags, didn't apparently read the terms of agreement allowing company use of their funds, he is still slimy.


bengosu

LMFAO


fuck__spez__

He wouldn’t be selling because fear of missing even more gains and then losing when it inevitably dumps.


Lionsjunkie

Not your keys, not your coins... expensive lesson


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mojobox

That’s the thing, exchanges are not trustworthy. At all.


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mojobox

It’s not the same thing, I say you should not touch crypto at all as the ecosystem is full of crooks, you can’t purchase without having to use an untrustworthy party.


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mojobox

Tell me how you do so without having to trust someone.


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mojobox

See, I wouldn’t trust anyone who wants to pay me in crypto. Actually, I would decline working for crooks. And as for mining: first you need to buy the ~~shovels~~ ASIC hardware and then you have to pay for a stupid amount of electricity to potentially find a block. And no, mining as part of a pool is not an option as you then again have to trust a third party which in all likelihood is a bunch of crooks.


lapeni

This is years old..


Superssimple

Its from a few days ago


[deleted]

Very funny. Probably a 9to5er losing all of their money because they were misinformed and lied to. Sadistic much?


TheRealSlimKami

Oh yeah, it’s never your own fault is it?


Pattyrick00

Is it my own fault when I make a lot of money then? Or is that just luck when I make money and my fault if I lose it? Pick your narrative haha


[deleted]

Every dollar you make some other moron lost.


Pattyrick00

They havnt lost anything unless it goes to zero. And everyone takes on their own risk. I'm not sure what point you're really trying to make but of course when i sell someone else is buying, when I buy someone else sells. If the market goes up or down, one of us does better than the other, this sub is like teaching basic economics to primary school kids.


[deleted]

It’s literally a back and forth Ponzi scheme and you’re defending it. But please tell us more about economics


Pattyrick00

Hahaha You can say that, but that just shows you have no idea what a ponzi scheme is. Once again economics for primary school kids.


[deleted]

An investment who’s only source of growth is reliant on new investors alone is absolutely a Ponzi scheme you dumb ass


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[deleted]

Now you get banned dork


[deleted]

Yeah I don’t like victim blaming. And even that doesn’t really have anything to do with your post. If you don’t feel bad when other people fuck their lives up you’re probably sadistic or lack empathy. Seeing retards getting bitcoin t-shirts and tats is funny but if you genuinely enjoy seeing people suffer there’s something seriously wrong with you.


jcelflo

No, no, no. You're missing the mark. Its funny if they still "believe in bitcoin".


[deleted]

In nowhere in this post is that statement made. And if we talk number wise it’d probably be a factual statement anyways. Number has gone up, hard to argue against that. And he could cash out now if he wasn’t manipulated into trusting one of those shady exchanges. But I guess sadists will find that funny. Have a good laugh at him for fucking his life up.


BulbasaurNumberOne

Oh I plan on having more than one good laugh at this goober.


TheRealSlimKami

I genuinely enjoy seeing greedy and reckless people get what they deserve. There are no victims in crypto. Only scammers who were too slow to scam and got scammed first.


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TheRealSlimKami

No, I make fun of greedy assholes. You need help. Goodbye.


[deleted]

Maybe that’s what you think you’re doing. But that’s not what you’re doing. The greedy assholes are the ones who manipulated that poor guy to trust in bitcoin in the first place. You’re making fun of the victim and not of the actual people you should be making fun of.


Gildan_Bladeborn

>Only scammers who were too slow to scam and got scammed first. As John Reed Stark keeps pointing out on the social media platform Elon Musk is relentlessly trying to drive into the ground... "crypto is a scam that turns its victims into victimizers".


RecklessWiener

So let me get this straight. We say crypto companies are shady and you can lose your money with no recourse. we’re not supposed to laugh at these people when that exact situation occurs? Then they say they still like crypto? Cmon man, that’s the good stuff


[deleted]

Well English isn’t my first language so maybe I’m not understanding the post correctly but for me it seems like that the guy is sad because his bitcoin (that has now risen in value) is locked in Celsius. Bitcoin went up in value but he can’t access his bitcoin because he didn’t research how to properly store his btc. So his crypto investment “worked” but the scam exchange fucked everything up. Not sure why this experience would make him anti bitcoin. Maybe this would just cause him to research more and then eventually understand why bitcoin doesn’t really make any sense. But he’s not there yet.


taterbizkit

No, he's complaining that the Celsius collapse has soured the public perception of crypto, which has halted its meteoric rise. He's not making \*enough\* profit to satisfy his greed because people like Mashinsky took the same unbridled greed too far. But another view is: Mashinsky and SBF proved to the world why banking and securities are so heavily regulated. In the traditional world, brokers and advisors would lose their licenses and go to prison for the kind of casual lies that have fueled the rise of cryptocurrency. If they had been required to be honest, professional and transparent, then all those so-called victims wouldn't have been burned by their own greed and ignorance. But then again, there would be no "x'es". No 10x, no 100x, no 1000x. There would be no 20 year old billionaires feeling like they're geniuses without caring about the corpses of people just as greedy as they were that they stepped over to make their fortunes. And you act surprised that schadenfreude exists. Part of the punishment for being a hubristic fool is that people will laugh at you. The best way to avoid ridicule is to not be ridiculous.


[deleted]

And it’s your fault dummy. People like you that convince fellow dummies this is all guaranteed money so they do insane shit like this. Good job loser, you’re ruining lives


Val_Fortecazzo

I'd feel bad if most weren't entitled assholes who were happily bringing others into the scheme.


[deleted]

Yeah I get your point but I don’t think most of them do it on purpose. Seems like they believe everything they’re told. The lack of research from the “investors” is insane.


bengosu

As if that's not the majority of dipshits buying into this


DontGiveMeGoldKappa

Lemao, rekt.


____whatever___

Guess he was a little too early


Fito3005

As the Buffet said in his report, it’s a casino market lol


SkedaddlingSkeletton

> Thanks to their greed I think you may want to look in a mirror if you want to see whose greed is the main reason you're "in financial limbo".


poppybear0

this is about Celsius not bitcoin isn't it


bhiitc

Okay, I'll try to put it in the best possible way to make OP look as best as possible (they still won't look good though). They leveraged their hard earned decentralized asset on a centralized entity and bemoan that they lost it exactly in a way they have been pointing out as a problem of centralized assets and because of such warnings have recommended to buy the decentralized asset in the first place? Quite the cognitive dissonance.


alive1

Not your keys not your coin. The OP in the screenshot is a complete moron.


bhiitc

Yes. They completely betrayed their own beliefs and now put the blame on those they look down onto. They would have been completely fine (for crypto values of fine) if they followed their own rules.


alive1

It's almost like they are many different people with many different levels of indoctrination into their little cult. I'd even bet they don't even have a central figure of authority to take commands from. Losers.


JazzlikePractice4470

These are the ding dongs who leave their stuff on a CEX


Tanksgivingmiracle

The good news was that he didn't have to take any blame for his own actions.


bubumamajuju

Not only did I buy crypto - I worked for celsius and got paid for months to do nothing thanks to these peoples sacrifice 😎


GooseBash

It’s funny because both of you are the same , just on opposite ends of the spectrum. That dude is an idiot for leveraging his bitcoin , you’re an idiot for not realizing you are him , just on the other end.