Canadian Politics Today

And it's since dropped something like 80%?
You should know by now I'm never wrong. 😆

To the mooooon lol!

Also remember the metaverse?

In the first quarter of the year, Reality Labs, the company’s metaverse and augmented reality (AR) platform, posted $3 billion in losses and is on track to post its highest losses ever this year.

Meta’s first store aims to lure consumers to the metaverse

Bitcoin was $69K in November, now it is below $30K. Some hedge.

Shady’s Mana crypto that he bought at $3.60 is now at 81 cents.  LOL

Lost 27% in the last 24 hours. 

Quote

Crypto market has taken off.  I bought Mana at around $3.60 per coin, and have 750 coins.  Mana’s now at $4.23.  That’s a profit of .63 cents times 750.  Not too shabby over the course of 6 weeks.

And it's since dropped something like 80%?
You should know by now I'm never wrong. 😆

Well, currently its at $1.45. So its at 43% of his supposed "high value" of $4.23. And 40% of his purchase price.

So not quite an 80% drop, but he still would have lost more than half his money.

He said he bought it at $3.60 (which would indicate he bought it at the start of February). After a brief increase to > $4, by March 1  it had dropped back to his purchase price, and since then it has dropped further and further.

But I'm sure it will come back...

And it's since dropped something like 80%?
You should know by now I'm never wrong. 😆

Well, currently its at $1.45.


But I'm sure it will come back...

Actually it's down to $US.0.70.

You guys just don't get it.

Crypto is the future.

https://www.msn.com/en-us/money/markets/crypto-billionaires-vast-fortunes-are-destroyed-in-weeks/ar-AAXaijp?li=BBnbfcL

Long term investment bro! You just don't get it. LOL

I'm sure Crypto has made people a lot of money, but only those that got in Early, the rest are Daytraders hoping to scam people in this Ponzi Scheme.

It’s also a great way for criminals to launder money, even if they lose a bunch, it still makes their criminal proceeds completely clean.

Hostile foreign actors like it as well to pay for nefarious schemes in other countries.   It’s untraceable.

Re: The crypto currency shady bragged about that fell in value...

Quote

But I'm sure it will come back...

Really?

Errr... not really.

Actually it wouldn't surprise me if it saw a temporary, almost random "spike", but it would likely be another short-lived increase before it fell back again. That's the nature of investments that don't really have any solid backing.

(The huge $4.23 that was bragged about wasn't even its highest price... it was actually a decrease from the higher price in previous months.)

Don't forget to get some ape NFTs.