Cryptocurrencies Banned Because of Stupid Investors

in news •  7 years ago  (edited)


NEW YORK, NY– In a joined effort with the SEC, the United States Government banned exchanges on Monday after discovering that many idiots invest in scams and then complain for losing their money.

"The loss of capital is inconceivable," SEC president said yesterday. "For years, many have invested in cryptocurrencies without a problem. But then retards started coming for quick money and started ruining it for everybody else. So now we have to regulate the whole thing because these idiots lost everything."

"My girlfriend won't let me invest in cryptocurrencies because most idiots invest in ponzies," said 18-year-old Malcom. "I used to invest in promising projects and go long on Bitcoin. But now I'll never have the chance to invest again, all because these idiot gamblers flooded the market."

Cryptocurrency markets experience a halt as many more of these idiots continue to gamble their money away in hope that they will have crazy returns. Even if they are older than 18 year olds and most went through high school math, they continue to have very little understanding of statistics and basic economics.

The government is also considering halting voting rights, driving licences and reproductive privileges since most of these idiots can barely demonstrate any intellectual ability when it comes to living in a society.







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Don't worry Joe is going to fix all this in one week

😆😆😆😆😆😆😆😆😆😆🐳🐳🐳🐳🐳🐳🐳🐳🐳

True but the thing you overlook is that it’s all the idiots and gamblers that rushed in that caused the spike in prices in the first place!

Too funny :) but honestly so true. Too many people investing in the dumbest things.

@kyriacos what's your source mate! If you can't reveal please indicate it's trustworthyness

lol ok now I finished reading, sry

I'd agree with that - it's the late to market speculators, only interested in making a quick dollar, who know nothing of the fundamentals of crypto's who usually get burned. I've had a couple of friends telling me how they were making hundreds of dollars day trading cryptos a few weeks ago, when I asked them what blockchain is, or how distributed ledger works was they had absolutely no idea. One of them had never even heard of blockchain, yet he was gambling on etherium, bitcoin, litecoin, ripple and others. Idiots. Yes, you state it quite correctly.
By the way I've not spoken to these friends for a while, I wonder how their speculative trades are doing now?? They will be the first to complain when they lose everything and they won't be blaming themselves. More likely they will blame the likes me for criticising and talking the market down, when in reality I just have a more conservative and long term view of blockchain.

#Bitconnect billion dollar scam collapsed and CLOSED - how the scam worked, and how they made their escape... http://www.globalcryptopress.com/2018/01/bitconnect-scam-collapsed-and-closed.html

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LOL to funny, but if they are going to do that can they please start with reproductive privileges so they can head the problem off at the core.

Breaking News: The US Government Bans Stupid People From Having Babies, Allowing Cryptos To Remain Legal For Now

Lets talk also about mainstream media ..... They have big part of responsibility in all this , they are the first power of the world and until they get back into a more ethical way of communicating we will always be confronted to such phenomena , our societies behave like sheep and we know that some people just don't use their brains :)

I saw a great doc on the french TV a channel called ARTE, in which scientists explain that our IQ are really going down to to our ways of living , our poisinous food habits and TV ! So humans must operate a change and learn from history .

But we all know deep inside that any change that is to operate by humans always goes through violence , horror and all the wonderful horrible capacities of human kind , when it comes to bringing up intellect and values , we always find excuses and delays .....

Ahah Like your spirit here !

Especially because reality isn't too far ;o)

your girlfriend tells you what to do. not good "man".

Could also be false flag lol although I am positive about many idiots throwing away their money daily. Just keep grinding steemit. looks like your taking steps forward.

Once upon a time (400 years ago) has a new currency - the tubers of tulips, and the currency was worth more than gold to the weight of individual tubers were worth 5000 gold guilders per piece. Psychosis is so developed that people were selling houses and estates investing in the tubers, which didn't exist yet, but just someone promised to bring, and even managed to resell such promises for good money. And then the time ran out, and went to Europe ruined investors clubmedical.

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that bubble was the result of people thinking the world was about to end

  ·  7 years ago (edited)

People need to stop comparing cryptos to god damn flowers. Let me ask you something, can you transfer 10 million dollars in value half way around the world in a short period of time using Tulips? Do tulips have a strictly limited supply? Did tulips offer benefits beyond what the alternative financial methods at the time did? Yaaaaaa.... I didn't think so.

Such a fuckin apples to oranges comparison that it isn't even funny, and to see so many "experts" use this "tulip mania" line to badmouth cryptos is absolutely hilarious to be perfectly honest (they say it cuz its catchy to idiots, not because its true).

Sad ! Really banned in US ?
One of the major problem of crypto world is scams and idiot investors
Agree with you my friend !

is it true?
valuable post

LOL “my girlfriend won’t let me” Part

fifty percent of the people have below average IQ

Is it true 😳Is it permanently banned from monday in new york? Isnt there any other way out for the investors?

Well he's not citing a news article, but it'll be in the news soon enough.

  ·  7 years ago (edited)

Its a joke about how people falling for OBVIOUS scams like Bitconnect are going to give governments a reason to step in to regulate the space (to save idiots from themselves). I instead recommend we pull a Darwin on these fuckers and let the idiots weed themselves out with their horrible decisions in life.

Look at the tags. One of them is "funny"