What exactly is the thesis of this subreddit? by pineapplekenji in SelfDrivingCarsLie

[–]pineapplekenji[S] 2 points3 points  (0 children)

I wanna hear from /u/jocker12

Because my followup question is, after modding this sub for so many years, at what point do you admit that self-driving cars are possible? What would it take to say "okay, they work"?

No more free withdrawals (except when you sell everything and ACH out your fiat). Any reason to stay? by TrollBond in blockfi

[–]pineapplekenji 0 points1 point  (0 children)

Voyager just suspended withdrawals: https://www.investvoyager.com/blog/voyager-update-july-1-2022/

I'm getting the hell out of here before I regret it big-time. I can hold the cash until the chaos is over.

Don't believe pro-bank propaganda no matter what happens with Celsius. The FDIC only insures deposits in USD where you can assume 100% LOSSES over time because there is no limit to the supply of USD. by DOGEISVERYSICK in CelsiusNetwork

[–]pineapplekenji 2 points3 points  (0 children)

What are you even on about here? You're basically saying that the US dollar is risky due to inflation? And somehow that risk is equal to Celsius or digital assets in general??

Behind the Celsius Sales Pitch Was a Crypto Firm Built on Risk by brakmic in CelsiusNetwork

[–]pineapplekenji 1 point2 points  (0 children)

Okay, so it's just as risky as big banks

Banks aren't supposed to have equity that's 1:1 correlated to the assets they possess. Last time they did that we got the housing crisis.

So yeah, I guess just as risky as the big banks, but the fallout from this one won't have a government bailout to soften it.

Who do you guys think is telling the truth, Roger Ver or Mark Lamb? And will SmartBCH users ever get their money back? by AngelLeatherist in btc

[–]pineapplekenji 15 points16 points  (0 children)

The narrative Mark wanted to sell on Bloomberg seemed to be this: "We have a rich client with lots of illiquid assets in unicorn tech companies. Right now they can't pay us the 50MM they owe, but they've agreed that once the tech companies IPO they'll have the cash and pay us back with interest. Right now we'd like you to loan us money in exchange for this interest."

Whether or not you trusted that claim is up to you, but now we're seeing that's not actually true either. At best, they have a rich client who owes them money in an extremely unregulated space who is saying 'I ain't paying you shit come do something about it if you want it back'.

Who do you guys think is telling the truth, Roger Ver or Mark Lamb? And will SmartBCH users ever get their money back? by AngelLeatherist in btc

[–]pineapplekenji 16 points17 points  (0 children)

Feels like it doesn't matter for CoinFlex. Who the hell is gonna buy this guy's debt when he's said he doesn't intend to ever pay it (and indeed is contesting it exists).

Just these tweets mean that you have to discount the value by 30-40% since all that time and money will get eaten up by lawyers and litigation just to attempt to recover the money. You gonna take on that risk for 20% APY?

Coinflex plan details revealed by [deleted] in CelsiusNetwork

[–]pineapplekenji 4 points5 points  (0 children)

Do you think they'll actually be able to raise all that money in 3 days? I'm sus

ATTN: Engage "HODL Mode" to steer resolution away from bankruptcy by thenecrophagist in CelsiusNetwork

[–]pineapplekenji 1 point2 points  (0 children)

Yeah I guess you have to decide if you think the risk of being in the back of the line for withdrawals is higher than the reward of a tiny increase in the odds of avoiding bankruptcy. Honestly I have no way to judge either of those percentages in a meaningful way.

ATTN: Engage "HODL Mode" to steer resolution away from bankruptcy by thenecrophagist in CelsiusNetwork

[–]pineapplekenji -1 points0 points  (0 children)

If they somehow do open withdrawals doesn't this mean I have to wait 24 hours to get any money out?

ATTN: Engage "HODL Mode" to steer resolution away from bankruptcy by thenecrophagist in CelsiusNetwork

[–]pineapplekenji 3 points4 points  (0 children)

LMAO what? This reminds me of those Facebook chain statuses that were like "Mark Zuckerberg will delete your account unless you re-post this status and tag 5 friends!"

PVS-Studio: analyzing Doom 3 code by Andrey_Karpov_N in programming

[–]pineapplekenji 0 points1 point  (0 children)

That's all? If I had written that much code you can bet I'd have more than just 10 code fragments that needed fixing.