Bitcoin Thread

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I see Binance is propping up both Pepe and Floki... ugh. To think that crypto is more about the meme than the utility, but so it is. Pepi's roadmap is as simple as it comes, 1. Meme, 2. Vibe and HODL, and 3. Meme takeover :ROFL:

ETH is loving the 'meme' transactions though.
 
From a lay look, and 'devs' being anonymous, I won't be surprised that exchanges and their buddies are behind these explosive meme coins.

FOMO time.
 
Sensorei said:
Yes it's always a good idea to by a sh1tcoin when it's already gone up 100%+ on the day.
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Ignoring that some big influencer infused exchanges has now listed the meme coins, it doesn't take away that its largest holders can obliterate its value in just a few clicks.
 
Kumi_2020 said:
Definitely worth buying Floki and Pepe, if you already have not.
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I just saw that Kucoin added $Pepe. Couldn't resist a low leverage 3x short at 0.0000039c. No way this crap does a 3x up from here. It's already $1.5 Billion market cap.

Get your shorts in guys! Send this crap to 0.
 
Sensorei said:
I just saw that Kucoin added $Pepe. Couldn't resist a low leverage 3x short at 0.0000039c. No way this crap does a 3x up from here. It's already $1.5 Billion market cap.

Get your shorts in guys! Send this crap to 0.
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Pepe came out of nowhere and is already a top 100, no, top 50 cryptocurrency by market cap. Just like that.

$PEPE is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. the coin is completely useless and for entertainment purposes only.
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:ROFL:

I like how they got people sold on no taxes... for the ecosystem, but not in real taxation. Anyhow, GLHF.

pepepissingnobackground%20copy.png
 
Fulcrum29 said:
Pepe came out of nowhere and is already a top 100, no, top 50 cryptocurrency by market cap. Just like that.



:ROFL:

I like how they got people sold on no taxes... for the ecosystem, but not in real taxation. Anyhow, GLHF.

pepepissingnobackground%20copy.png
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But Pepe along with Wojak are like the mascots of crypto degens so anything can happen, but I liked the odds after such a ridiculous pump. Wojak token probably not done mooning yet, but one stupid trade is enough for me for the month.
 
Fulcrum29 said:
This is why I don't get Binance adding these two meme cryptos
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Binance has always done that though, so what is the confusing bit?

some exchanges chase the trading volume and will launch anywhere by any means regardless of regulation ... likewise they'll list any token for any reason whatsoever

that's the Binance strategy and has been for years already, so there shouldn't be any surprise there
 
NarrowBandFtw said:
Binance has always done that though, so what is the confusing bit?

some exchanges chase the trading volume and will launch anywhere by any means regardless of regulation ... likewise they'll list any token for any reason whatsoever

that's the Binance strategy and has been for years already, so there shouldn't be any surprise there
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The confusion does not arise from that sentence you quote alone; it comes from the Twitter string. There are clear signs of insider activity with possible CEX involvement, but everything is clouded in anonymity, so no certainty can be proven. Even if regulations aren't adhered to, PEPE is set up for few winners and far too many losers. Neither is it only Binance who is pulling in their truck here.

Irrespectively, come to Binance's own innovation terminology, they do list any coin without vetting if as they deem it as, "popular", but this meme drive has collusion written all over it. As CZ would say, "DYOR".
 
Me thinks its all part of the plan to lure in retail for the next bull cycle. So yeah, definitely coordinated imo

On another note, pretty sure the internet monies market has bottomed, assuming we don't have a binance/tether collapse. Cant say the same for tradfi though... Next 12 months are sure going to be interesting.
 
Tradfi's are under severe pressure - traditional banking ecosystems require change.
As much as the Defi market is shrouded with dangers i.e. money laundering, corruption, fraud etc, that is still very prevalent in mainstream Tradifi and so called regulated banking systems.

Perhaps, they should start to embrace the potential that exists with the digital asset technology and charter a better way forward as $1,3T (if accurate by any means) is an indicator of people being frustrated with the way banking is done?
 
Fulcrum29 said:
This is why I don't get Binance adding these two meme cryptos to their innovation zone,

https://twitter.com/x/status/1648654431322349568

others trying to get onto Binance have to sell their livers or be the best boys with CZ, oh wait.
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Think the current economy is hurting everyone and exchanges in particular. In the bull market there was proper due diligence and it would take months to get listed now exchanges just want users and don't care if people get rekt on these meme coins. Definetaly very irrisponsible from Binance and well done to those who got in early on Pepe.
 
I don't see what the fuss is about. Binance are providing a service people want. There is no deception. If you are trading in meme coins, you are gambling. If you don't realise that you can lose all your money, then you have **** for brains.

Why should an exchange care if you lose your money if you choose to gamble? You funds are safe until you click 'buy' and you know the risks after that. If you got rekt, put on your big boy pants and learn from it.
 
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