Red Mosquito

BurtReynolds wrote:Fun thread

Embezzling customer deposits was informed by his *checks notes* ethical maximalism?

I've been out of the crypto game for awhile, but this FTX stuff is wild.

I wouldn't be keeping any money on these exchanges.

BurtReynolds wrote:I've been out of the crypto game for awhile, but this FTX stuff is wild.

I wouldn't be keeping any money on these exchanges.

Imagine thinking ethical behavior is a competitive advantage.

What kind of moves was Alameda Research making that lost so much money?

They look so good with money.

Cryptobro's valuation goes from $16B to $0 overnight, nature is healing.

simple schoolboy wrote:What kind of moves was Alameda Research making that lost so much money?

we shall find out over the coming months methinks

high level sounds like a combo of too much leverage, inflated collateral values, losses from LUNA collapse and 3AC-related fallout, and a hole that just kept getting bigger

crazy times

3X bigger than LTCM

but fortunately not linked to the TradFi system, so S&P 500 was able to have a 5% day on Thurs

fun times

It's always amazing to me that more people don't hear this type of rhetoric from celebrities, politicians, and other public figures and think, "oh this person is a sociopath and a hustler, and probably even a pedophile." Hope is eternal I guess.

96583UP wrote:

simple schoolboy wrote:What kind of moves was Alameda Research making that lost so much money?

we shall find out over the coming months methinks

high level sounds like a combo of too much leverage, inflated collateral values, losses from LUNA collapse and 3AC-related fallout, and a hole that just kept getting bigger

crazy times

3X bigger than LTCM

but fortunately not linked to the TradFi system, so S&P 500 was able to have a 5% day on Thurs

fun times

I believe we've discovered an area of genuine interest to the numbersup account. How refreshingly human.

BurtReynolds wrote:

96583UP wrote:

simple schoolboy wrote:What kind of moves was Alameda Research making that lost so much money?

we shall find out over the coming months methinks

high level sounds like a combo of too much leverage, inflated collateral values, losses from LUNA collapse and 3AC-related fallout, and a hole that just kept getting bigger

crazy times

3X bigger than LTCM

but fortunately not linked to the TradFi system, so S&P 500 was able to have a 5% day on Thurs

fun times

I believe we've discovered an area of genuine interest to the numbersup account. How refreshingly human.

bro i lived in this world deep for like a year basically why i stopped posting here

stepped away a few months ago

this recent meltdown got my degen spirits all aroused

terrible lifestyle




but can’t look away

BurtReynolds wrote:

maybe to get the breast augmentation he needs to make it through prison

96583UP wrote:

BurtReynolds wrote:

96583UP wrote:

simple schoolboy wrote:What kind of moves was Alameda Research making that lost so much money?

we shall find out over the coming months methinks

high level sounds like a combo of too much leverage, inflated collateral values, losses from LUNA collapse and 3AC-related fallout, and a hole that just kept getting bigger

crazy times

3X bigger than LTCM

but fortunately not linked to the TradFi system, so S&P 500 was able to have a 5% day on Thurs

fun times

I believe we've discovered an area of genuine interest to the numbersup account. How refreshingly human.

bro i lived in this world deep for like a year basically why i stopped posting here

stepped away a few months ago

this recent meltdown got my degen spirits all aroused

terrible lifestyle




but can’t look away

What's your net worth?

96583UP wrote:

BurtReynolds wrote:

96583UP wrote:

simple schoolboy wrote:What kind of moves was Alameda Research making that lost so much money?

we shall find out over the coming months methinks

high level sounds like a combo of too much leverage, inflated collateral values, losses from LUNA collapse and 3AC-related fallout, and a hole that just kept getting bigger

crazy times

3X bigger than LTCM

but fortunately not linked to the TradFi system, so S&P 500 was able to have a 5% day on Thurs

fun times

I believe we've discovered an area of genuine interest to the numbersup account. How refreshingly human.

bro i lived in this world deep for like a year basically why i stopped posting here

stepped away a few months ago

this recent meltdown got my degen spirits all aroused

terrible lifestyle




but can’t look away

Yeah I got into obsessively watching charts for awhile and then I was like "wait, this feels like work".

BurtReynolds wrote:It's always amazing to me that more people don't hear this type of rhetoric from celebrities, politicians, and other public figures and think, "oh this person is a sociopath and a hustler, and probably even a pedophile." Hope is eternal I guess.

So you're saying that ESG investing is actually a gigantic con designed to publicly shame and manipulate businesses into bowing to meaningless social justice causes that do nothing but enrich and entrench the power of the capitalist class? LMAO. Their brochures clearly say the opposite! LEARN TO READ!

Bi_3 wrote:

BurtReynolds wrote:It's always amazing to me that more people don't hear this type of rhetoric from celebrities, politicians, and other public figures and think, "oh this person is a sociopath and a hustler, and probably even a pedophile." Hope is eternal I guess.

So you're saying that ESG investing is actually a gigantic con designed to publicly shame and manipulate businesses into bowing to meaningless social justice causes that do nothing but enrich and entrench the power of the capitalist class? LMAO. Their brochures clearly say the opposite! LEARN TO READ!

Small quibble is that this is "Effective Altruism", not ESG. ESG suggests he would actually be subject to some sort of regulatory framework.

simple schoolboy wrote:

Bi_3 wrote:

BurtReynolds wrote:It's always amazing to me that more people don't hear this type of rhetoric from celebrities, politicians, and other public figures and think, "oh this person is a sociopath and a hustler, and probably even a pedophile." Hope is eternal I guess.

So you're saying that ESG investing is actually a gigantic con designed to publicly shame and manipulate businesses into bowing to meaningless social justice causes that do nothing but enrich and entrench the power of the capitalist class? LMAO. Their brochures clearly say the opposite! LEARN TO READ!

Small quibble is that this is "Effective Altruism", not ESG. ESG suggests he would actually be subject to some sort of regulatory framework.

True in a sense, but the marketing pitch is the same: "Stanford grad discovers simple trick to absolve yourself of class guilt!". Though ESG requirements often come is as a condition of seed funding now-a-days.