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I have a small bag of Core Scientific that is up a healthy 74% since my buys back in July of 2024.
Now that XXI on the market with way more bitcoin on the balance sheet and the backing of Tether SoftBank and Cantor I think Core will not be able to compete with the BTC stacking that is coming with XXI.
What do the stackers think?
Yes37.5%
No12.5%
You fiat maxi shitcoiner. fake BTCer50.0%
8 votes \ 2h left
196 sats \ 1 reply \ @jasonb 12 Dec
You fiat maxi shitcoiner. fake BTCer
You may not have front fun the market on XXI, but you've successfully front run @DarthCoin on the comments here. :)
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Hahaha 😆
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67 sats \ 1 reply \ @Wumbo 12 Dec
Split the baby, sell half corz and buy XXI
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Very interesting!
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the backing of Tether SoftBank and Cantor
A scam is being backed by 3 other scammers and that makes it ok?
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From my vantage point I don’t think tether and SoftBank are scams. Cantor I don’t know much about.
Did these companies steal money and rug retail like blockfi, FTX, Mt. Gox, and Celsius?
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176 sats \ 5 replies \ @optimism 21h
So Cantor is a mixed story as they were the largest corporate wipeout of 9/11, which causes for there to be too many rumors around that company to tell truth from fiction. However, they are Tether's banker. Tether has actually admitted to some of the things that went on so let's not waste words on that. Softbank... have you ever heard of WeWork? lol
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Sure but every one conveniently forgets when the market tried to break the bank of tether during the FTX collapse they fulfilled every single dollar that was requested of them. Billions of dollars they were liable for and footed the bill.
Under tremendous stress and the whole crypto community was melting down tether was still making redemptions.
Plus if you really wanted to break tether can short the token and break the peg. That’s easy money to show that tether is naked yet no one has tried it yet.
Sad what happened to cantor im shocked they didn’t go bust after that attack. I don’t know much about them so I don’t have anything strong to say about them.
WeWork was a failed business idea. Some might relate it to a scam but I would argue SoftBank probably got duped. But being based in Japan I just don’t get fraud vibes from them like I would from a Chinese or Russian bank.
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51 sats \ 3 replies \ @optimism 20h
If you say so, amigo. It's your money, I'm just trying to be a pal.
My option 4 for you: If you wanna be exposed to Bitcoin, sell shitstonks, buy sats.
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I understand and I appreciate your concern. But that’s the beauty of bitcoin and free markets! Let freedom ring!
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94 sats \ 1 reply \ @optimism 18h
I'm more of a freedom maxi than I am a bitcoin maxi. I fully support free choice. Just, you asked for opinions. I'm very bearish on the shitstonks. They didn't exist back in the day but imagine how cringe I'd be if I were a Litecoin hodler! Do you see these guys on the bird app? My gawd it's awful.
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I’m not on x that much