Make a video about the fraud CryptoQueen. Ruja Ignatova allegedly defrauded victims out of $4bn in a cryptocurrency scam in what a US prosecutor described as "one of the largest Ponzi schemes in history"
All currencies are backed by trust. Trust in cryptocurrencies does not rely on weaponized and economical successful nation states but on a decentralized and publicly confirmable proof.
Masterworks has very high fees plus your money is tied up for awhile and there’s no guarantee that the Art you invest in will go up in value. Also their sales tactics are rather sketchy….
The whole thing hinges on the assumption that rich people of the future will be interested in holding physical fine arts. I'm not so sure the next generation of millionaires will have the same priorities and values as the previous. I'm not rich by most definitions means but I have more money than I need. Have lived 40 years without owning a painting and am quite content with looking at art on the Internet.
I guess suckers, oops I mean inverters, thought these nerdy looking Asian geeks knew something about finance they didn't...when in fact all it was was old fashion fraud all along.
Seems to me, $trillions in stimulus handout checks stopped, retail fools buying worthless digital nothings stopped buying, price for most of this imaginary money will fall to value, which is zero.
Where do people like this get their confidence? If Bitcoin went to $2.5 million, that would be almost all money in the world. Hopefully it never recovers, it's mad how people can get fooled over and over, most of people have lost money on it, now they need greater fools to bail them out.
Stick to the real world digital currency is a scam, second to digital food. Real weights and measures are finite e.g gold or acre of land this is what is wealth.
RUclipsrs are the same as MSM, the business model is to sensationalize to drive views, so they can get better sponsors. If an art ponzi is the highest bidder, then they get the ad spot.
Blue chip means a company has consistently paid good dividends and has a large cap. The art market can fall, no dividends are generated, art must be insured. Be careful.
Whenever I hear someone say an investment is bullet proof, I immediately think scam. You buy the right to say you own part of a piece? Fractional shares of art you don't get to touch? Like vitual shares on some platform that will limit your withdrawal when everyone figures out its a scam. Very NFT-ish.
no mate, the art market is amazing, huge returns, huge appreciation, definitely nothing to do with relying on a greater fool or new investors paying out previous investors
I wouldn't go so far as to call it a scam, but yeah, thinking that any market won't crash just because it has not crashed so far is kinda like every single market bubble goes before eventually bursting...
If you have gold, it does not matter if others stop appreciating it for a moment, you still have gold, same with property. Bitcoin and other non tangible financial products, depend from believes. Don't exit last is their game always.
I'd argue it's worse since in poker you still have a chance of getting your money back. Most of these were guaranteed failures anybody who understood basic economics or how shaky investor confidence can be knew these would fail.
The New York Times did NOT call the art market bulletproof. They quoted David Benrimon, an art dealer, who said it was. I suspect he has a vested interest behind his statement. Please be more careful.
true but NYT has also said other stuff which was wrong (on purpose sometimes), its up to anyone to do their own research and if youre buying/selling just because what someone else says youre gonna lose a lot of $ eventually either way
Thank you for the feedback. RUclips automatically generates subtitles but it takes some time for it to process, so they haven't been added to this video yet. In the future I'll wait until the auto-generated subtitles are ready before publishing the video.
Gold and silver isn't magic. Like Bitcoin, gold derives its value from how much it is worth in government backed currency. Without the currency it is just a piece of rock.
After such a long bull market, bear market shows how bad people are at investing now. Does not matter if you are retail or hedge fund. Good times makes weak traders
It’s always funny to me how Bitcoin has a “calculated” value of x00,000. For something to work as a store of value, everyone has to believe in it. And that’s not the case here.
Current valuation models are out of control. These fake coins skyrocketing over a billion + the absurd evaluations given to new startups that lose millions a month. And we wonder why so many people are losing everything.
Been saying this since 2011, it's worthless. I mean it could go to a million and I wouldn't invest because it could all come tumbling down, huge rugpull. People just don't have the same money to invest in meaningless crap anymore or they are on to the next big thing. Governments obviously will never allow this to replace currency.
Hello, I'm new to Biticon trade and l've been making huge losses but recently i see a lot of people earning from it. Please can someone tell me what to do?
@@alexjen6725 Wow I'm surprised you mentioned Mrs Lisa Kadek here, she is the best and her strategies works like magic. I've been making over 300% of my investment weekly since I started funding my trading account with her companys platform.
Her technical analysis are dope and her interpretation/projections of the market is so accurate i sometimes ask myself if she’s a robot lol, my point is mrs lisa is the perfect trader to work with as a newbie!
Figuring a company's wealth including their loans is inviting suckers. The first persons paid during bankruptcy settlements is the loaners. That's recovering all money that could of been used for pump and dump.
Yup, it's the world's most complicated append-only ledger. Everything it can supposedly do, we can already do more quickly, efficiently and more secure.
The sooner this latest attempt to create money out of thin air goes to zero the better for all. If the value is only based on speculative up biding then the fall is inevitable when you run out of suckers.
I don't know how these people could trust their money with any of these people who don't even understand what bitcoin (or any other cryptocurrency) really is.
![KAYTRANADA - Witchy (feat. Childish Gambino) [Official Video]](http://i.ytimg.com/vi/jGK3YVmGZ3Y/mqdefault.jpg)
𝐌𝐚𝐬𝐭𝐞𝐫𝐰𝐨𝐫𝐤𝐬 | Invest in blue-chip art for the very first time by signing up for Masterworks: masterworks.art/wallstreet
Make a video about the fraud CryptoQueen. Ruja Ignatova allegedly defrauded victims out of $4bn in a cryptocurrency scam in what a US prosecutor described as "one of the largest Ponzi schemes in history"
Blue chip art lmaoo
Yo this company has a lot of balls advertising this right now lol
U are advertising another scam 🤣🤣🤣
@@CrocodileWhispers Wall Street Millennial has balls to even be sponsored by this scam
Im a simple man. I see the word t*ts and I clicked the like button
Clearly you are a man of culture like myself
Hope all those scammers get ruined.
Burn baby burn.
So anyone who tradea crypto's are scammers???
@@Playerz714 basically... Is a piramid scheme .
If only everyone DIDN’T want to “get rich quick” , we wouldn’t be in this mess.
Human nature. Everyone would rather be rich in the 20s and 30s than be patient and be rich in their 60s.
It really is hard to believe a “currency” made up out of thin air may have sustainability issues.
Not forget "can be most valuable than gold"
All currency is thus.
All a currency is is a way to make transactions. A pile of dirt can be currency
All currencies are backed by trust. Trust in cryptocurrencies does not rely on weaponized and economical successful nation states but on a decentralized and publicly confirmable proof.
Gold is money everything else is credit…said a certain J P Morgan
Next video, about the downflall of Masterworks and How its a scam.
Voyager has just gone bust. They've just stopped ALL transactions, probably because of the 3ac default
These are not "investors" they are just gamblers.
Rich that you take a sponsorship of a scam while having a channel that calls it out
This Masterworks thing sounds too good to be true. Wonder when it will become a featured episode on WSM
It's being pushed by pretty much every finance youtuber i follow. it's crazy suspicious for that alone.
exactly
Masterworks has very high fees plus your money is tied up for awhile and there’s no guarantee that the Art you invest in will go up in value. Also their sales tactics are rather sketchy….
The whole thing hinges on the assumption that rich people of the future will be interested in holding physical fine arts. I'm not so sure the next generation of millionaires will have the same priorities and values as the previous. I'm not rich by most definitions means but I have more money than I need. Have lived 40 years without owning a painting and am quite content with looking at art on the Internet.
It sounds like NFTs…
When crapcoin going to the moon?
@Pinnedby Wall Street Millennial selling me dream coin? 😂
@Pinnedby Wall Street Millennial start a group,, show how its done.
post vids
Very timely video - nice.
"The ahyve protocol"
Who would have thought what are basically nothing more than entries in an Excell spreadsheet have no intrinsic value 😆😆😆😆
I guess suckers, oops I mean inverters, thought these nerdy looking Asian geeks knew something about finance they didn't...when in fact all it was was old fashion fraud all along.
Masterworks is some bullshit. Don’t promote that.
Send a Dm ☝️i have an offer for you.
I thought this video was about Masterworks when I clicked
Masterworks sounds like NFTs with extra steps tbh
yeah, it's an Ultra Rich's nft.
Yes, a scam
Bitcoin is a scam and people still buy it.
Send a Dm ☝️i have an offer for you.
Could you imagine working somewhere that pays you in Bitcoin on Friday, and when you wake up on Sat it's lost 50% of its value?
“Nayib Bukele just bought the dip!”
If they paid you in global currency ETF shares that can be exchanged for fiat currency
Utah residents can pay taxes in bitcoins....
People said Bitcoin is a currency hedge…didn’t work out so well…
It doesn’t happen like that but it could also go up after you get paid. Okay
I can’t stand the masterworks BS. Can’t even escape it with premium. I would rather you hock manscaped at this point
"Owning" pieces of a wealth object seems dicey
sponsorblock addon, thank me later.
New name-Three Down Arrows? Speaking of other digital assets, anyone investing in Non Fungible Tulips?
Bitcoin... worth nothing to begin with
I'm glad cryptos are crashing, maybe it will teach some people the difference between a tangible asset and BS.
Haha the three arrow capital managers are asking me for a refund. They hired me for 12k per hour as an escort. What cheap people
Seems to me, $trillions in stimulus handout checks stopped, retail fools buying worthless digital nothings stopped buying, price for most of this imaginary money will fall to value, which is zero.
Send a Dm ☝️i have an offer for you.
"You're a boomer, old man, you just dont get blockchain."
Send a Dm ☝️i have an offer for you.
Where do people like this get their confidence? If Bitcoin went to $2.5 million, that would be almost all money in the world. Hopefully it never recovers, it's mad how people can get fooled over and over, most of people have lost money on it, now they need greater fools to bail them out.
Send a Dm ☝️i have an offer for you.
Another one bites the dust, I see. Awful lot of cryptocurrency gravestones this year...🤔
Send a Dm ☝️i have an offer for you.
Lol
Send a Dm ☝️i have an offer for you.
Well i do a lot of handyman for someone who is heavily in art .He has not called me in a year, says it is dead, but i dunno myself.
Send a Dm ☝️i have an offer for you.
Art omega trap dont let their sponsors steal your money
Stick to the real world digital currency is a scam, second to digital food. Real weights and measures are finite e.g gold or acre of land this is what is wealth.
In other words, he took their word for it.
- Didn’t understand risk.
- Didn’t verify assets.
- Didn’t have a way to mitigate risk.
In simple terms WE STOLE YOUR MONEY
Damn, still shilling shitty art scam advice? Master the craft of finding new sponsors
Send a Dm ☝️i have an offer for you.
Everybody is a genius in a bull market.
Send a Dm ☝️i have an offer for you.
I have so much on voyager atm. I hope they don't go tits up
They already have….
Stop advertising art as blue chip. There is no such thing.
RUclipsrs are the same as MSM, the business model is to sensationalize to drive views, so they can get better sponsors. If an art ponzi is the highest bidder, then they get the ad spot.
Blue chip means a company has consistently paid good dividends and has a large cap. The art market can fall, no dividends are generated, art must be insured. Be careful.
this is! NFT is the new blue chip stock.
Without internet there is no btc. If you think internet won’t be cut in the next 48 months you are crazy.
Why you think it will in such a specific time frame?
Lmao, you can send Bitcoin without internet.
Through amature radios or through sms or blockstream satelite.
And nothing of value was lost
Send a Dm ☝️i have an offer for you
Masterworks is fucking shady
Send a Dm ☝️i have an offer for you
masterworks logo look like mammoth mountains logo
Send a Dm ☝️i have an offer for you
How a16z doing right now?
Send a Dm ☝️i have an offer for you
Lol are people still holding this scam
Send a Dm ☝️i have an offer for you
You dm me I have a better offer for you
The government of El Salvador just doubled down...
@@samsonsoturian6013 and that’s why they will remain poor
"GUH!"
-- ControlTheNarrative
Send a Dm ☝️i have an offer for you
That chinesse guy should be in jail for thinking bitcoin was going to 250k supercycyle.
Send a Dm ☝️i have an offer for you
I can imagine what it feels like to have your money in a "bank" that you can't withdraw from.
Send a Dm ☝️i have an offer for you
You're imagining it but Putin's living it.
Whenever I hear someone say an investment is bullet proof, I immediately think scam. You buy the right to say you own part of a piece? Fractional shares of art you don't get to touch? Like vitual shares on some platform that will limit your withdrawal when everyone figures out its a scam. Very NFT-ish.
no mate, the art market is amazing, huge returns, huge appreciation, definitely nothing to do with relying on a greater fool or new investors paying out previous investors
kevlar is a bullet proof investment, imo.
Buy steel plates, they Bulletproof
I wouldn't go so far as to call it a scam, but yeah, thinking that any market won't crash just because it has not crashed so far is kinda like every single market bubble goes before eventually bursting...
@@capisenior you're right, scam is a loaded word. "Aggressive tax strategy" would be a better euphemism.
If you have gold, it does not matter if others stop appreciating it for a moment, you still have gold, same with property. Bitcoin and other non tangible financial products, depend from believes. Don't exit last is their game always.
Send a Dm ☝️i have an offer for you
Property has the added bengit of producing stuff like crops and rent
Actually you're wrong. Worth of gold also comes from belief. The difference is that belief in worth of gold is established for thousands of years.
Sorry to those who have lost in the cryptocurrency market. So. So sorry.
I still prefer heavy gold then something on the cloud (invisible air)
Bitcoin is just Tulips with extra steps.
Send a Dm ☝️i have an offer for you
Tulips actually had real world value.
Worse than Tulips. People actually wanted the tulips. The rare kinds of Tulips actually continued to be valuable. No one actually wants bitcoin.
@@ThatGuy-bz2in except the mafia.
90% APY?!?!?! LMFAO!!!
Send a Dm ☝️i have an offer for you
One word - TULIPS
Send a Dm ☝️i have an offer for you
Nah, people actually wanted tulips. Rare tulips actually stayed valuable. No one wants bitcoin. Bitcoin is much worse than tulips.
great content and thank you
Send a Dm ☝️i have an offer for you
Exchange real money for made up money. Makes complete sense! Also it is totally not poker on steroids.
I'd argue it's worse since in poker you still have a chance of getting your money back. Most of these were guaranteed failures anybody who understood basic economics or how shaky investor confidence can be knew these would fail.
Totally not a Ponzi scheme, right?
@@zenoblues7787 Buddy it's Sarcasm.
@@DrunkJackal Ponzi!! Its SSS+ mate better than AAA+. More Guaranteed than Fed Bonds! 😈
Is Bitcoin still fake money tho?
The New York Times did NOT call the art market bulletproof. They quoted David Benrimon, an art dealer, who said it was. I suspect he has a vested interest behind his statement. Please be more careful.
true but NYT has also said other stuff which was wrong (on purpose sometimes), its up to anyone to do their own research and if youre buying/selling just because what someone else says youre gonna lose a lot of $ eventually either way
Send a Dm ☝️i have an offer for you
I really feel like masterworks is a scam.
@@nood19 it's what I am suspecting as well. It's totally a greater fool scheme. It's just that here the difference is we're talking about master works
Plenty of worthless art out there.
Is this the next free lunch investment?
Is going t8ts down better than going t8ts up?
Yes because your nipples won't be exposed to the elements.
Send a Dm ☝️i have an offer for you
It would be awesome if you included Closed Captioning in your videos, being inclusive of the Deaf and hard of hearing communities. From a Deaf person.
Thank you for the feedback. RUclips automatically generates subtitles but it takes some time for it to process, so they haven't been added to this video yet. In the future I'll wait until the auto-generated subtitles are ready before publishing the video.
Love your channel btw
Send a Dm ☝️i have an offer for you
Buy PHYSICAL GOLD\SILVER
No.
Gold and silver isn't magic. Like Bitcoin, gold derives its value from how much it is worth in government backed currency. Without the currency it is just a piece of rock.
After such a long bull market, bear market shows how bad people are at investing now. Does not matter if you are retail or hedge fund. Good times makes weak traders
Everyone's a gangsta in bull markets.
Been saying the same about construction companies. Its easy to make money when there's lots of it around
Why would I buy a painting when I can just photocopy it?
The problem with not investing your savings though, is that you're still invested in currency which itself can lose value
It’s always funny to me how Bitcoin has a “calculated” value of x00,000. For something to work as a store of value, everyone has to believe in it. And that’s not the case here.
Its safe to say Cyrpto and Start Up investments are disasters..The valuation models are deceptive and the marketing is fraudlent
You can get a pack of 3 tulip bulbs for $5.
Current valuation models are out of control. These fake coins skyrocketing over a billion + the absurd evaluations given to new startups that lose millions a month. And we wonder why so many people are losing everything.
the big benefit to cryptocollapses over regular finance collapses, no bail outs.
Price correction and liquidations can happen unhindered.
Lost opportunity not becoming a lawyer if your name is Su Yu
One Bitcoin will be worth $2.5 million soon… 2.5 million pesos.
masterworks is the next three arrows
Crypto currency is everything you don't know about computers, combined with everything you don't know about money. Good luck with that.
3:11 start here
When the market is easy everybody becomes warren buffet.
bah, seen so many failures in USA but it's still there, isn't it?
Been saying this since 2011, it's worthless. I mean it could go to a million and I wouldn't invest because it could all come tumbling down, huge rugpull. People just don't have the same money to invest in meaningless crap anymore or they are on to the next big thing. Governments obviously will never allow this to replace currency.
You think paper currency will be around forever?
WSM: Makes video about how companies implode.
Also WSM: Invest in this company that paid me to say that it's bulletproof.
Bro said Bitcoin will be more important than gold despite modern computing reliance on gold.
Tulip contracts and digital pictures of monkey cartoons are about the same thing.
bitcoin is not suprior to Gold.
Bitcoin fail big time compare to gold when it comes to fungibility.
Hello, I'm new to Biticon trade and l've been making huge losses but recently i see a lot of
people earning from it. Please can someone tell me what to do?
@@alexjen6725 How can someone know a professional account manager that is
trustworthy when legit once are hard to find this days.
@@alexjen6725 Wow I'm surprised you mentioned Mrs Lisa Kadek here, she is the best and her strategies works like magic. I've been making over 300% of my investment weekly since I started funding my trading account
with her companys platform.
Mrs Lisa Kadek has really made name for herself. I invested $10,000 and earned 34, 000 in an interval of one week.
Her technical analysis are dope and her interpretation/projections of the market is so accurate i sometimes ask myself if she’s a robot lol, my point is mrs lisa is the perfect trader to work with as a newbie!
@@andrewelena9938 Please does she also offer mentorship, lectures and tutorials and can I copy her trade?
Su Zhu traded for Deutsche Bank for 9 months! not even a full year and fools entrusted him with billions SMH
Figuring a company's wealth including their loans is inviting suckers. The first persons paid during bankruptcy settlements is the loaners. That's recovering all money that could of been used for pump and dump.
>posts video about a scam investment company.
>takes sponsorship money from a known scam.
What?
I love how they talk about this worthless garbage like it has value. Blockchain is useless too. It's all a scam!
Yup, it's the world's most complicated append-only ledger. Everything it can supposedly do, we can already do more quickly, efficiently and more secure.
You should have talked about SBF buying up all the distressed firms for firesale prices.
And Now he is bankrupt
The sooner this latest attempt to create money out of thin air goes to zero the better for all. If the value is only based on speculative up biding then the fall is inevitable when you run out of suckers.
I don't know how these people could trust their money with any of these people who don't even understand what bitcoin (or any other cryptocurrency) really is.
I hope Do Kwon and all the other greedy degenerates go to jail.
Yes
if this wasn't so sad it would be laugh out load funny. Barnum was right
What do I think? I think, the sound of "Taps" playing in the background - is getting louder and louder.
stop spruiking the securitized art man... its a terrible scam.
Voyager Digital filed for bankruptcy today 😭
LOL. Next possible collapse will happen with Circle
Shamen on you pushing Masterworks
He is a sellout
The ambitious falling from grace is such a sight to behold.
basically this bull market wipe out all leveraged investor and we're back to square one where people use spot instead
I guess they forgot the fourth arrow that points Downward
Beware of black tee CEOs
Did you know that holding AUSD in AEX, you can become a shareholder of AEX! I’m already holding,go check it out
Well, let them spin their own circular stories.
He meant art is money laundering
Hi there, I had heard, Bitcoin
will get worse, then bounce back.
Does this channel have a podcast to listen on the go?