55 points
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Tesla has to book $40 million in Q2 losses for every $1k drop in Bitcoin value below ~$33k. So around $560 million so far.

[edit] I so hope that Tether fails, lmao

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39 points

Volcel police im turning myself in

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3 points
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I bet Tesla sold awhile ago and didn’t say anything

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18 points

Maybe. IIRC, their wallet number is public info tho.

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:sit-back-and-enjoy:

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44 points
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29 points
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17.8k now

it’s crazy how fast it’s falling, even percentage-wise I don’t think the correction in 2018 was this fast

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1 point
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Another 300 from your post

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Just saw a tik tok claiming coinbase is on the verge of insolvency and employees are telling each other to pull their money out.

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26 points

lmaooooooooo

i know it’s kind of bad to laugh but this is all morbidly hilarious.

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0 points
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24 points

lol a public crypto company going under will result in so many US regulations that will destroy the main value in them (buying illegal shit)

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9 points

great

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7 points

Where will I source horse tranquilisers from now?

I can’t afford a real horse.

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:sicko-blur:

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36 points

GPUs now please

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2 points

Ya seriously. Can I buy a not overpriced gaming pc now.

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It’s a hedge against money.

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