[44:42] Talk to me about how you are hedging? A (in retrospect): I cash out my customers' bitcoins into my offshore personal accounts in order to protect them from further price drops lol. Oh, he actually admits cashing out to "hedge" at [47:50], "the most obvious thing you can do is send those bitcoins to coinbase and cash them out for dollars."
Always the best interviews Aaron. Sam, was good to hear your comments in a much more calm environment here on CWT vs your other live interview (which was interesting). Keep up the great work Aaron
At the beginning I thought Sam Bankman is different guy than other Billionaires when he promised to give all his wealth to in need people , but all that was bulshit, I know lots of people (with family)were in dire need for financial help and they send him many letters over and over with NO response not even saying " sorry for what you going thru" "So Sam Bankman is another bulshiter rich person" talking bulshit
Absolutely love all these videos! Very informative. i just started day trading a week a go and have been following a lot of the advice from the people who've been doing it longer. It's been a learning curve but much easier. Thats for the great content Aaron!
Aaron good job trying to get this guy to furnish a straight answer, head trader at Jane 3 years out of school (?!??!) 2 years Almeda immediate success (?!??!), hmmm
your missing out allot man.. deffently during the buble crypto was best for trading but now not really.. you should deffently check out the stock market.. crazy movers there aswell..
He was trading US listed ETFs but non US equities i.e the companies listed in the index also owned foreign stock/companies. So whilst he wasnt trading the normal S&P500 he was trading non US equities within the S&P 500 companies.
[44:42] Talk to me about how you are hedging? A (in retrospect): I cash out my customers' bitcoins into my offshore personal accounts in order to protect them from further price drops lol. Oh, he actually admits cashing out to "hedge" at [47:50], "the most obvious thing you can do is send those bitcoins to coinbase and cash them out for dollars."
he traded all the clients funds right into his pocket, crazy good trader!
did he really introduce Sam Bankman Fraud?
Fraud lmao
Man, you knew 2 years ago
Lol damn, how did you know he was a fraud?Are you from thee future?
@@Rapsoodys its crazy
@@Fourtune1 Nope, he never did. Google does show edited comments.
Always the best interviews Aaron. Sam, was good to hear your comments in a much more calm environment here on CWT vs your other live interview (which was interesting). Keep up the great work Aaron
my favourite podcast! keep it up my guy💪🏾
You always say youre going to put the link in description but there never are any lol, good shit anyway but still.
It's in his website. All the links are in his website under Post's description.
@Kobe Leon Thank You
[38:28] What would you say is the biggest risk to you guys? Now we know: trading customers' funds without their permission lol.
would love to see a follow up episode
At the beginning I thought Sam Bankman is different guy than other Billionaires when he promised to give all his wealth to in need people , but all that was bulshit, I know lots of people (with family)were in dire need for financial help and they send him many letters over and over with NO response not even saying " sorry for what you going thru"
"So Sam Bankman is another bulshiter rich person" talking bulshit
kind of funny how it all turned out.
You know
You know
Typical language tick of someone trying to manipulate with language.
what about transaction network fees. what about exchange fees. seems like a lot of work for 2%
wen refund
You can hear Sam squirming when he's asked how he started this ponzi scheme.
Hi Aaron! Great interview! Do you think it's good time for a round 2 with Sam?
Nooo! Aaron don't leave the podcast!!
Part 2? That would video would go insane now 😂
Part 2 video now , would be bonkers lmao
Part 2: Financial Advise from SBF
This is hilarious
Sam is really explaining what an ETF is, come on man...
Absolutely love all these videos! Very informative. i just started day trading a week a go and have been following a lot of the advice from the people who've been doing it longer. It's been a learning curve but much easier. Thats for the great content Aaron!
How did the trading go over last 1 year?
@@nustaimo6755 Not as good as I hoped. These 12 months were brutal. But I learned a lot and ready for 2021 man!
@@KimerikBlaze Good Luck ❤️
@@nustaimo6755 Thanks man. you also
How’s your day trading journey now your 1 year in?
Well this is awkward
I know when I saw the stuff about FTX I was thinking... "Wait this guy looks familiar" lol..
He should either delete this or put a disclaimer at the beginning
Ha!!!
Lmao
Yeah I listened to this about 2 years ago and had to come back after the last few weeks
He’s behind SOL right?
yes
This guy is worth $ 9 billion before 30. Its not even fathomable.
try $20b
@@satoshinakamoto3905 try $0
@@satoshinakamoto3905 hello
So awesome. Can't wait to get to where he is! Sam seems like quite the genuine guy, which is a nice change from most manipulative market makers
this comment aged well....
@@zlisc561 LOL
Aaron good job trying to get this guy to furnish a straight answer, head trader at Jane 3 years out of school (?!??!) 2 years Almeda immediate success (?!??!), hmmm
In hindsight it should have been obvious 😂
@@jayporter1981 exactly, how many mega frauds exist right now under our nose?
Lol, now we know how this "Trader" made all his money. He stole it from others. LOL, what a con job. Not blaming you Aaron; you didn't know
beautiful... ftx evolves to like ingame back in the day.... a prediction market exchange,,,,
classic,
Now introducing, Bernie Madoff lol. This aged well
I felt there was something off about him. Well? Today we see the result of his court case. Make of it what you will.
Deep fried
This didn’t age well..
Crypto is the best market by far. Open 24/7 and much bigger moves with more leverage
Youve never traded stock options obviously. Bitcoin=Shitcoin. Learn stocks and options...
@@318fishco lmao. ill keep that in mind while im making 20k+ a month from crypto
Big dicks out
@@318fishco Can you think of anything that can happen after what you will change your opinion? For example, BTC is 100k, or ETF on BTC approved?
your missing out allot man.. deffently during the buble crypto was best for trading but now not really.. you should deffently check out the stock market.. crazy movers there aswell..
"I was trading US listed ETF's that were composed on of non US equities.."
-What does that mean.
I LOL'd cz my brain said HUH!!!
Forex ETFs?
@@handyrams4664 no
He was trading US listed ETFs but non US equities i.e the companies listed in the index also owned foreign stock/companies. So whilst he wasnt trading the normal S&P500 he was trading non US equities within the S&P 500 companies.
It's just an ETF traded on a U.S. stock exchange, but instead of American companies it's foreign companies.
@@trisbane4086 like ADR's????
They've learned a lot from bitmex
I bet this has aged well! lolz
This guy is all over lately
Fraud
hi. i'm sam bankman
so so so you know and so so
This one did not age well.
hi i'm mr figh field.
There is no global, you should stop using this word.
THIS DID NOT AGE WELL