CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, FTX users Jake Thacker and Evan Singh Luthra explain what they were going through as the crypto exchange was collapsing and what’s next after thousands of dollars were stuck on the platform.
Chapters:
00:00 – CNBC Crypto World, Dec 16, 2022
0:23 – Bitcoin drops
0:57- The headlines
4:29 FTX users Jake Thacker and Evan Singh Luthra
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Bitcoin dips below $17K, and FTX customers explain what’s next post-collapse: CNBC Crypto World
17 Comments
regulation=bullish
Great reporting on SBF, Mackenzie!
Elizabeth Holmes ran a similar scam on the public.
no sympathy for anyone storing crypto in exchanges. get yourself educated on how to use cold storage. At the very least a defi wallet.
I'm sorry so please don't send me to prison. 😂
The new CEO of FTX already said it, SBF f-ed up and lost their investor's money. Deal with it, stop playing the blame game.
The market is very unstable and you can not tell If it's going bearish or bullish. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. When these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. <But all thanks to Mr Ryan Donald for his amazing skills for helping me to earn 19 Btc through trading chart. I believe we are in the spring phase…
CNBC employs crypto scam artists like Kevin O'Leary to report on their channel and network . Its not just a scam but the biggest ever !!! So how can you trust these people to give factual financial information when you have Jim Cramer selling Bear Stearns shares and fomenting for his hedge fund buddies and crypto creep Kevin losing listeners money. Yank them both Bloomberg isn't a great alternative but they don't have potential felons of the biggest fraud in history employed under contract. Advertisers should pull from CNBC
Screw all the people that got screwed in Bitcoin frauds. They get what they deserved.
Remember that this time around the pump we had was not as big as other times. So the drop may not be as bad this time around too. That being said, Trading went smooth for me as I was able to raise over 18BTC when I started at 7 BTC in just few weeks implementing trades with signals and insights from Grayson Miles. I would advise y'all to trade your asset rather than hodl for a future you aren't sure about…
Crypto crybaby “I bought something I don’t understand from someone I know nothing about running a company that I have zero insight to what they are doing – I was ripped off and need a bailout”
Mature level headed investor: “oh, poor baby says ‘waaaaaaa!’”
BTC to 12k 😃
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks. I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities
"'sorry' doesn't fit into my wallet"….anyone still "investing" in this space really has it coming…. Crypto's dead, it just doesn't know it yet.
This man offering his lifetime experience for free is incredible value. Thank you. Crypto has evolved substantially. It’s ready for primetime. BTC easily, easily over $100K next bull market. The only question is not if, but only WHEN. All we can do at the moment is to buy and trade, accumulate and trade as much as you can. It might take a bit of time but It will come right in the end, the boat came back for us to get in, invest today before the price skyrocket, we all need to have positive thoughts and actions. Because time limitations are the biggest reason for failure. But in all, don't forget to trade you crypto assets to accumulate more. I feel confortable trading under the watch guide of Thomas fuller as my mentor, with his trade signal i have made over 15.3btc with just 5btc. He's the best in the crypto trading space..
Our time had reached its zenith, and it is now over. Everything not just FTX, Stock including 401Ks, are suffering from the recession and crashes. My $750K retirement equity portfolio is losing money. Because of inflation, I keep losing. Similar to how Rome fell under its despotic emperors, this world will also. I apologize if you are considering retirement but are concerned that your pension won't cover the rising expense of living. There are terrible foreign policies worldwide, as well as disastrous regulatory, fiscal, and energy policies.
well i kind a dont feel sorry for those people , it is not stupid saying buy hardware wallets and keep your crypto there. It is so stupid to trust some exchange and keep 100k plus or millions of dollars in crypto