Peerplays Peerplays Reaction Videos, 12 Jul 2022

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From YouTube: Voyager? You are doing crypto wrong!

Description

Jonathan reacts to @Brian Jung talking about Voyager and all things wrong with what they are and what they portrayed to be. Parasites calling themselves crypto brokers.

Original video: https://youtu.be/1f7sfpkuI_o
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#crypto #cryptocurrency #bitcoin #celsius #ponzischeme #bitcoinnews #investing #stockmarket #peerplays #brianjung#reaction #reactionvideo #views #viral

A

Even these very popular analysts don't know, what's going to happen next.

A

Yeah, that's very interesting. This clearly says we don't know, what's gonna happen next, so let's.

B

See it's in previous cycles now the 200 moving average has turned into resistance for bitcoin in the past few months, and only time will tell whether or not this is going to happen. Once again, one user over on twitter named michael van dey pop told his 600 000 twitter users that there is an insane amount of liquidity above the 200 weekly moving average and he states if bitcoin, does break that level.

B

There's an assumption, we'll probably be getting a run of two to five thousand dollars upwards in just a few days to even uh 28 to 30 thousand dollars.

A

Okay, so hold on right there, so this tweet that he referenced here uh there will probably be an insane amount of liquidity about above the 200 weekly moving average. uh This is true uh and if you look at the charts right now, you'll see that if bitcoin breaks above this level, I'm assuming there will be probably getting a round of 250 yeah. That sounds good and whatnot and uh again we just don't know, and uh actually this is from july 7th. uh It's been a few days now and it hasn't broken to that.

A

Yet so uh this just didn't happen. So once again shows you um even these very popular analysts don't know what's going to happen next, uh but hey, it is what it is. Let's keep going so.

B

Even amidst this bear market, just knowing that we have the possibility of seeing green with the market, shows that there is hope- and there is always always the opportunity that things can get better now, on top of that, the biggest headline for today that was.

A

Always going to start.

B

With before we get into the celsius update, it's just.

A

Voyager so the.

B

Fdic went ahead and launched a full investigation into the now bankrupt company voyager for allegedly deceiving their users. Now the fdic for anyone who doesn't know is a consumer protection agency, though.

A

Okay, hold her there, uh okay, so we're talking about voyager now uh and the fdic probing how bankrupt crypto broker voyager marketed itself. So yeah, uh not your keys, not your crypto right. The fact that the fdic has to get involved tells you that you're doing crypto wrong. uh You should not be putting your money in any of these entities. This is not what crypto is created for and every time I hear about any of these companies that are associated with crypto. It just drives me crazy.

A

It drives me bonkers to think that people refer people. People look at krypto look at this and they think this is crypto. It's not this. These are. These are leftovers. From from from the current financial system, which is just cat cat, it's just done so. Why are we so? Why do we even call these companies crypto companies? We got to get a new name for them. What if we call them like old, smelly financial system broker voyager? How about that?

A

Let's call it that, because that would be more accurate to how they operate and what they are versus, calling them a crypto broker, because crypto broker. That's like a oxymoron. What the hell is that I don't even get it so yeah again with these headlines. Let's just stop calling them crypto companies of any kind, because if that's what you're doing you're doing crypto wrong, the whole reason for crypto to exist is because there's no middlemen, and yet here we have these parasites that are middlemen all over the place, calling themselves crypto companies, it's crazy.

A

I don't get it anyways. I know I digress, but this is what we're dealing with now, and these are the headlines, and this is what crypto's being presented as and fdic is getting involved. You got regulators involved, you're doing crypto wrong. So that's that's it. I'm done! I'm.

B

Done supposed to be looking out for the people, they oversee financial institutions which often include banks, and it is for the safety and often for the protection of investors in the event of any type of bank failure.

B

Now, if you guys have heard of the word fdic, it usually comes from that one line where your money is backed or insured by the fdic to a certain amount, usually around two hundred and fifty thousand dollars now voyager digital, the toronto-based crypto firm, reportedly marketed that the firm was covered by fdic insurance through its partnership with a bank called metropolitan commercial bank. Now, in a blog post dating back to december, 2019, voyager actually explained that the fdic.

A

B

Both a voyager and it's banking partner failures, they even stated in that original block.

A

Again, this is hilarious, so you you want to get away from the banking system, so you put your money into voyager, who is fdic insured so that your money's going right back into the financial system, the same as the banking system. What are you doing? What are you doing? I don't get it, I don't get it, and, and yet this is supposed to give people a surety of some kind that they're they're supposed to have their funds be more safe.

A

Hello, crypto is supposed to make your funds safe, not somebody giving you a promise right, which is exactly what we're dealing with now. If you just did crypto for crypto you'd be good, but because they did crypto for smelly old financial institution broker voyager, they ended up getting wrecked.