Crypto is essentially just an interesting tech with plenty of potential, being abused for scams since its so relatively new and ungoverned. Its a wild west that needs to be learned and tamed.
I'm convinced the whole concept was developed to create the current dark web as we know it. With some good branding, they managed to get enough people on board to give it value in the fiat world, making it a viable currency for people needing to anonymously move monetary value around. Satoshi Nakamoto could be a God among men if he came forward. Fame, money, power, basically everything everyone wants, he could have with a single tweet, yet he remains anonymous. It makes you wonder, what's keeping him silent?
Dont sleep on it. Crypto in concept is actually quite fascinating. Just a ton of people taking advantage of the unknown and people FOMOing which results in these scams happening. Its like with phishing emails. Before, a lot of people fell for them but now overtime even the elderly people start to understand whats going on and so wont fall for them. Hopefully in the future there is going to be a way to stop the scammers and actually create a nice way for crypto instead of a gamble you take today.
@@jimmy5516 Of course, it's relatively new technology, just waiting to be abused with lack of laws. I'm not against the idea of crypto, as a currency everyone in the world can use without having to change from say yen to the Canadian dollar is a great concept. Just gotta get the scammers and alt-coin idiots outta there
I mean, you scam enough of the wrong little people and they'll make noise and you'll get in trouble. But yeah, wanna know why it's easy to get away with scamming the impoverished and the mildly well off? Because the rich are already doing it. They just can't handle being on the receiving end.
@@DeaDiabola He was one of those "wrong people", but they needed scapegoats for the recession in 2008 and he was there. By pinning the blame for tons of market failures on him, countless other banksters had their own scams swept under the rug.
Nfts, crypto, property in the meta verse exsist to convince people who don't have money to waste it thinking they'll get rich. Works everytime. Great scam actually.
So, if I understand the Pump and Dump (edit: meant Rugpull, but oh well) model correctly, it's essentially like starting your own paper currency, backing it with a bunch of something valuable (like gold), convincing people to invest in your paper currency via trading in their valuables, then cleaning out the treasury of the original, backing amount, and whatever others traded in; making the paper currency essentially not backed by anything, and leaving the investors with worthless paper.
@@musek5048 Paper currency holds value because of taxation. The govt prints the supply and to create demand they invent taxation. This has always been money in central banking regardless if the money was pegged to gold or not. We figured out after WW2 that limiting ones money supply limits their economic activity hence the decoupling and the creation of the petrodollar to keep the US dollar the global currency and propping it up with more demand.
PnD are rarely if ever backed by commodities (such as gold). Usually they sell a concept and either fail to deliver or the concept is fundamentally worthless. Or they just create a token that is overtly a PnD (think tokens with names like ObamaSonic10SquidAmogus) and people join in, hopefully knowingly, and play a game of the longer you stay the more you earn but the riskier it gets.
Despite it being a bit misinforming it's still pretty scary how this can actually happen and people actually lose money. Cryptobros still fall for them either way, it only proves how dumb their little 'hype' is
@@buckbreaker5185 Sounds like you are coping pretty hard. You must have invested before a crash, must be hard having the same amount of brain cells as fingers.
Crypto in general seems to have burst the bubble and hard. I am glad this happened because, hopefully, now people will pay close attention to the red flags around many of these “projects” and make choices that don’t involve putting the house or life savings all in a pump and dump.
this is like the 4th time the entire crypro market imploded. It will eventually rise to new high, with battlehardened projects still sticking around. 99% of crypto is a scam and will die out when prices are low for long enough, however come back during the next bull cycle
its just an opportunity for investors to invest since it'll go back sooner or later which means profit. plus not only crypto went down but a lot of markets so like...ye
It's not really dying though. All that horrid NFT hype is dying down as everyone is now realizing that it's 99% scams. If you're interested in the market this would be a nice time to start building positions as devs are now in that "bear market mindset" where they work on tech for the reveal when the market picks back up. There are many good projects out there but honestly most of them don't have a reason for existing. I have not been scammed or rugged yet but what do I know?
Nah, too many powerful people have too much riding on crypto to let it tank without a fight. You really think North Korea and Russia are going to let this money-laundering cash cow die? Or all the drug lords depending on it for their dark web businesses? Or Elon Musk's massive ego? No way.
@@Edaurd I guess if you were careful, it could be done. Watch few to get the feeling for when to pull out, don't get greedy.. Could be even fun if you have money to waste.
The longer I see stuff on crypto the more against it I become. At first I was super pro crypto but after doing legitimate research it just seems stupid ethically and financially. If you really want to do this kind of thing just do stocks or real estate/vehicle trading, At least the last 2 are always backed physically.
consider this... all the scams and funny business that goes on with your nations currency doesnt get reported, because there's no evidence that can be easily linked to the criminals based on the secrecy and control around currency supply. so there's no news on that, but there is news on cyptos getting cracked and people busted for schemes... because you can actually trace things back that way... so believe it or not all the "bad" news you hear on crypto is a good sign while the lack of any bad news around your own nations currency should really have you worried
you think that's money in your wallet? so gullible. you dont understand your own currency any better than you do crpyto, you are just forced to use one vs the other and have rationalized a way to mentally deal with that
also love how a news site can just say random bullshit like "400mil scammed" and no one but Muta is calling them out honestly news companies need to be shut down there is no such thing as news anymore
I get bullish on Bitcoin when I think it's undervalued and bearish when I think it's overvalued. I saw BTC at a 50% discount and bought back heavily. I missed the coupon for that extra 20%. The people waiting to buy back way lower won't even pull the trigger if it happens
@Zahair O'Brian I do not know much about the market but based on the little knowledge i have on economic supply and demand, this is the best time to venture into the market the only thing holding me back is the steady fluctuations in prices which is not supposed to be a problem, but i really need guidance because i want to use this avenue that everything is on discount to build a dividend-yielding portfolio.
@@johnlennon232 I'd say, invest in good projects and DYOR if you don't understand, Dollar-cost average instead of going all in at once, so as to give you a good value for your money. Also, I'd recommend seeking a proven fiduciary Financial-Advisor who will guide, and show you the ropes as you are just starting out. I mean the likes of *''Eileen Ruth Sparks"* just like I did.
Agreed. I'm a finance major at college (junior so 3rd year out of 4) and everyone around me pretty much tried to pressure me into buying cryptos and nft's. Guess who's laughing now
i believe scams like this need to exist much in the way i abuse exploits to get them patched sometimes it's the only way stupid people will EVER change
Just have to say that you’ve become one of my fav RUclipsrs in the past few months. Always a random topic. Great delivery. Perfect amount of humor and that laugh. This channel actually changes my mood. Ty Ty.
They didn’t do a rug pull, they asked someone politely to step off, put another rug down, and then ask them to get back on the rug. Then they jumped off the rug themself.
I'm waiting for someone to create servers for selling off right before these "insider traders" do... Only for it to turn out they're run by the same people. reverse-funnel direct consumer marketing at its finest.
Whenever I hit a roadblock at doing my college assignment and I felt dumb, I'd always take a peek on these Cryptobabes failing and instantly feels better myself. I am not as bad as these folks, I could still become a better man. Don't give up, me.
I bought that token, sold a few days later and made some profit. Yes, some people lost money on that scam but some others didn't, in fact they made some profit. But of course that's beyond your understading. Finish your college and buy some bitcoins when it hits 100k.
@@marciaquispe4472 lady, with all due respect, I would never have the money to buy those things. I could barely afford the things that I should do now and I worked 2 places already. Sorry if I was an idiot and not understanding how the whole thing worked, but as far as I see em, I don't need this.
Yeah I think people are starting to see these tokens for what they are, even Andy Milonakis is starting to change the amount and the way he's pushing his own NFT's, he rarely brings it up in his livestreams anymore and when he does talk about it he tries to sell them more based on the exclusive benefits you gain in the meta over their trading value. He does still get really mad when someone calls him a scammer for it in his twitch live streams. Hope you cover it at some point!
@@nategomes1719 sometimes I think that, sometimes I think he's just a weird dork. I actually like him, but I don't like that he's been pushing NFT's. I get the logic behind it, make a quick buck burning some people who probably aren't even fans of his anyway, but at the same time I don't think it's the right thing to do necessarily.
I don't get why people still think investing in these basically non existent coins is a good idea. The crypto boom already happened, trying to jumpstart a new coin is damn near impossible at this point.
Not really, a coin will boom quickly, but pretty much on release, and I don't really care about any of the non-major coins in terms of a currency, the rest of the coins are just money makers.
The only things stopping anyone who's smart from just living off of scam coins is morality or lack of fame Anyone whos decently popular and smart can make millinions off of meme-coins and dip
It's not that easy. You need artist, you need shillers, you need good logos and a nice name. You need to take advantage of the current situation (example: moneky pox.) Of course you can pull something like that but as I said before, you will also need some kind of help.
I don't know if I have to start watching some different stuff on youtube or I'll just have to come back to the TV after 7 years. I get too angry learning about what happens everyday.
Soo much money in this world these days and apparently very little of it goes to catching and preventing scammers, but at least these guys got what was coming to them
@@johnr797 most companies that have issued stock issued more stock than what the company's total asset value. For instance, Tesla, Facebook, and etc...
@@johnr797 I'm no expert so take this how You want. You like slots? Gambling where the house sets the odds. When companies that are supposed competitors but the boards of directors share similar members. When companies give money to the people that enact policy and regulation. Theres more to it than that obviously...but its not a fair game. Now this doesn't mean investing in good ideas and new businesses is bad (its actually a very good thing) its just the way its currently set up. Or capitalism isn't (too) bad but capitalist pigism is (really) bad
@@paticusmaximus12 of course there are bad actors, but people don't found fake companies, have an IPO, then fold the company and steal everyone's money with no consequences.
This falls in the category of Fool me once, fool me twice. But in cryptocunts this is a "You fool'd me for the 30th time, feel no shame or pity on me, I deserve it."
I thought we were on the edge of a new and long lasting age of crypto BS when I began to see ads for them on my phone and even some on TV. But it would seem the whole movement is in the process of one big stroke before it will begin to fade.
kinda correct there wont be many coins left in a few years you just have to pick very good and you can make alot, even i made some decent money as a 16y old off crypto by playing my cards right
Yes, this is indeed somebody not understanding how market cap works and running with it. Somebody who is exactly the kind of person who should have zero excuse to NOT know how market cap works. That or they straight up just didn't give a shit and went for engagement in exchange for their integrity.
Thats always been Mutahars thing though. Spouting the most surface level and milquetoast takes humanly imaginable to appease his fanbase of drooling halftards
It is hard to have sympathy. But most of those stupid scams are deliberately stupid to only atract a certain type of person. Whatever the scam, however stupid it is, the bottom line is some evil people are trying to take advantage of vulnerable people (old people, very young people, simple people, whatever). I think vulnerable people, no matter how limited they are, should be protected from these vultures.
6 Month ago Muta: People that are investing in crypto and get scam are being taking advantage of. Present day Muta 0:14: If you you are ever dumb enough to invest in Monkey pox crypto, you deserve it.
@@steez2916 6 Month of scam really? Muta was like those people that got scam I feel really bad for them. However, cyto scam been going on since 2016 ever since One Coin a crypto coin scam everyone that had the same mindset as NFT and all the alt coin that happen. Muta should know that.
This is freaky when we started doing training with the World Health Organization a year-and-a-half ago from monkeypox and recently started buying millions of doses of "vaccines" for it
This is SO GOOD!!! I have such detest for people who don't have any empathy for hard working individuals. I LOVE what he said... there's no room for hate, but that doesn't mean you have to like them, either. I am SO GLAD you showed up in the nick of time to return the funds to their account. This is why I watch your videos, recommendations and I couldn't love what you do more than I do. Thank you for protecting innocent people. Thank you for reporting criminals. Thank you for doing what all of us would do if we could. Keep fighting!!! Much love.
I mean, you can't make judgements on crypto or any type of trading just off of 3,6 or even 9 months of performance. Everything has it's ups and downs. In the normal stock market, bear markets can last up to around 15 months at longest, at least on average. Crypto has always been known to be volatile. Just like any type of trading, it you can't afford to lose it, don't gamble it on trading or investing. With that said, I made over 10,000 off of trading Ethereum. (Yes I filed it on my taxes) However, scamcoins like this, I can't even fathom how one can even consider for a second that it's even possibly a good idea. Whoever spends even a penny on this might as well just donate money to the homeless instead. If you don't care what happens to your money, at least do something with it that will help others who need it.
Honestly with how often this seems to happen its surprising that anyone is even still investing in crypto. At this point its literally gambling. Everyone buying in in the hopes of it being the next bitcoin but you might as well just buy a lottery ticket if youre going to piss your money away like that.
Hey, just leaving a comment for the algorithm. Found you through Coffeezilla and the 6-part series you did together and instantly love your skill, passion, humor, ability to explain things to a noob and everything about you. Subbed and will now binge your content. Thanks!
Saw the title, saw the smug ass smile in the thumbnail, saw your excitement in the video, I just knew this was gonna be a good one. Fuck this crypto market.
Market cap is so dumb in Crypto. The best example, was Squid Game token being rugged live on someone's stream. One minute he's chatting about a market cap in the trillions, next minute, it's gone to 0 with $7 million getting jacked from the LP. Market cap is a complete fairy tale and means absolutely nothing
Use code "SOG" to save money at www.gfuel.com
Check out the newest episode of the podcast: ruclips.net/video/_39yKI2uMOU/видео.html
soggy
First
Soggy water 😵💫😵💫
🗿🗿
Ringo starr of The Beatles just started a NFT collection 💀
You know it's gonna be a good video when muta makes the "You just landed on my hotel on boardwalk" face for the thumbnail
Best description of that face😂😂😂
Mayfair for those British folks.
Is this a GTA reference?
@@ALMOSTNKKD
The original GTA tbh
@@BertMagurt Ah ok. I know nothing of GTA but it sounded like one
Y'know, every time I see dumb crypto projects like Monkeypox, Bored Apes, and Savethekids, I begin taking crypto less and less seriously
Crypto is essentially just an interesting tech with plenty of potential, being abused for scams since its so relatively new and ungoverned. Its a wild west that needs to be learned and tamed.
I'm convinced the whole concept was developed to create the current dark web as we know it. With some good branding, they managed to get enough people on board to give it value in the fiat world, making it a viable currency for people needing to anonymously move monetary value around.
Satoshi Nakamoto could be a God among men if he came forward. Fame, money, power, basically everything everyone wants, he could have with a single tweet, yet he remains anonymous. It makes you wonder, what's keeping him silent?
Dont sleep on it. Crypto in concept is actually quite fascinating. Just a ton of people taking advantage of the unknown and people FOMOing which results in these scams happening. Its like with phishing emails. Before, a lot of people fell for them but now overtime even the elderly people start to understand whats going on and so wont fall for them. Hopefully in the future there is going to be a way to stop the scammers and actually create a nice way for crypto instead of a gamble you take today.
@@jimmy5516 he's a fed.
@@jimmy5516 Of course, it's relatively new technology, just waiting to be abused with lack of laws. I'm not against the idea of crypto, as a currency everyone in the world can use without having to change from say yen to the Canadian dollar is a great concept. Just gotta get the scammers and alt-coin idiots outta there
If you scam common people, you never get in trouble. If you scam the rich, you'll be lucky if you get out alive.
That’s why Madoff went to prison. He scammed the wrong people
@@MrRenegadeshinobi He did the right thing. Good lad (I don't know who that is)
I mean, you scam enough of the wrong little people and they'll make noise and you'll get in trouble. But yeah, wanna know why it's easy to get away with scamming the impoverished and the mildly well off? Because the rich are already doing it. They just can't handle being on the receiving end.
@@DeaDiabola He was one of those "wrong people", but they needed scapegoats for the recession in 2008 and he was there. By pinning the blame for tons of market failures on him, countless other banksters had their own scams swept under the rug.
Nfts, crypto, property in the meta verse exsist to convince people who don't have money to waste it thinking they'll get rich. Works everytime. Great scam actually.
why make money irl when you can just role play as a rich person in a shitty version of vr chat 😎
The fact that they’re crashing and burning makes me immensely happy
Yeah well the Rich can afford top lawyers. Someone who has had all there money scammed can't.
Sounds just like lottery tickets
@@justanotherperson7774 yep
So, if I understand the Pump and Dump (edit: meant Rugpull, but oh well) model correctly, it's essentially like starting your own paper currency, backing it with a bunch of something valuable (like gold), convincing people to invest in your paper currency via trading in their valuables, then cleaning out the treasury of the original, backing amount, and whatever others traded in; making the paper currency essentially not backed by anything, and leaving the investors with worthless paper.
That's probably the best description I've heard yet.
wait we talkin' crypto here or federal reserve?
@@musek5048
Paper currency holds value because of taxation. The govt prints the supply and to create demand they invent taxation.
This has always been money in central banking regardless if the money was pegged to gold or not.
We figured out after WW2 that limiting ones money supply limits their economic activity hence the decoupling and the creation of the petrodollar to keep the US dollar the global currency and propping it up with more demand.
PnD are rarely if ever backed by commodities (such as gold).
Usually they sell a concept and either fail to deliver or the concept is fundamentally worthless.
Or they just create a token that is overtly a PnD (think tokens with names like ObamaSonic10SquidAmogus) and people join in, hopefully knowingly, and play a game of the longer you stay the more you earn but the riskier it gets.
A "pump and dump" is generally referring to stock, the term that would fit here is a "rug pull"
Despite it being a bit misinforming it's still pretty scary how this can actually happen and people actually lose money. Cryptobros still fall for them either way, it only proves how dumb their little 'hype' is
Lol stay poor dude. I'm sure your stocks and fiat are holding value just fine 😆
@@buckbreaker5185 found the loser cryptobro
@@buckbreaker5185 lol you will be homeless before 25 lol
@@buckbreaker5185 Sounds like you are coping pretty hard. You must have invested before a crash, must be hard having the same amount of brain cells as fingers.
@@TheDragon975 no one is coping expect the idiots that bought the top 💀🤡
Come back next bull cycle I’ll sell the bags I buy at the lows
As I said before, I don’t invest in NFTs, I’m just invested in the shit shows that come out of them.
Crypto in general seems to have burst the bubble and hard. I am glad this happened because, hopefully, now people will pay close attention to the red flags around many of these “projects” and make choices that don’t involve putting the house or life savings all in a pump and dump.
Clown, they said that in 2017 too not our fault there’s dumb people there investing
this is like the 4th time the entire crypro market imploded. It will eventually rise to new high, with battlehardened projects still sticking around. 99% of crypto is a scam and will die out when prices are low for long enough, however come back during the next bull cycle
@@mephistoss238 yea come back next bull market I’ll sell my bags at the top again to fools like Uknown Variable lol
accumulation phase.
@@NeoSpacian1237 i'm with you, cost-averaging, waiting for the dumps and day trading. Do not leverage or buy rugcoins lulz
*Crypto market starts dying*
This does put a smile on my face
Yes
Same
its just an opportunity for investors to invest since it'll go back sooner or later which means profit. plus not only crypto went down but a lot of markets so like...ye
Amen
It's not really dying though. All that horrid NFT hype is dying down as everyone is now realizing that it's 99% scams. If you're interested in the market this would be a nice time to start building positions as devs are now in that "bear market mindset" where they work on tech for the reveal when the market picks back up. There are many good projects out there but honestly most of them don't have a reason for existing. I have not been scammed or rugged yet but what do I know?
I have no sympathy for anyone that fell for these scams
@@softsilkentofu you’d think after the first few rug pulls people wouldn’t trust them
@@softsilkentofu honestly i'd say it's been getting old
Some people just deserve to get scammed
@@deputydrip4520 you ain’t wrong
Same XD
*Final Fantasy Victory Fanfare Plays*
Cuanta experiencia tengo?
Given how people were using MPox as a token makes me wonder how hard people leaned into C19 token. Glad I never checked that one out lmao
NFTs are like Ubisoft games. Nobody wants or cares about them, but somehow someone keeps buying all of them
I’ve seen this *exact* comment twice already
@@0451A damn. Good point
More like NFT's are what Ubisoft games have become. Fake, half-assed and too expensive for their worth.
@@txsurvivalandcreations careful. We're watching a copypasta being born
The only Ubisoft games i have is rayman legends and assassins creed black flag
Muta did so many videos about these scams, he gradually got tired of feeling sad for the people who constantly fall for this.
You know crypto is dying when scammers have to cannibalize each other to survive. At this rate, it'll all be over soon. It's bittersweet, honestly.
lmao what? if anything scams are less common now
I still remember those inu tokens created every single minute when BTC was 60k
Some low-life highlander shit for sure
Nah, too many powerful people have too much riding on crypto to let it tank without a fight. You really think North Korea and Russia are going to let this money-laundering cash cow die? Or all the drug lords depending on it for their dark web businesses? Or Elon Musk's massive ego? No way.
“If you invest in a crypto called MONKEYPOXINU, you are 100% Legally stupid”
Muta, that is a genius phrase!
100% legally stupid….
I love how when this was posted, just a few hours ago, Seth Green’s NFT Ape got yoinked, subsequently cancelling the show, basically.
even funnier: that specific NFT granted copyright so Green would probably have to watch how the thief would be getting his royalty checks
The only chance crypto had was when it was getting close to having actual value, like being able to buy things with it.
mootahar
My friend buys stuff with his btc but you have to run it thru coinbase or whatever.
@@HerbanFarmer420 that’s why BC is like a million times more valuable than any other coin.
Some still have a chance / potential place in the future. 99% won’t survive though.
I mean you could back in the day it was just drugs
to titans getting a massive buff in destiny 2
to crypto dimwits who scam people taking a massive L
it's beautiful
Big L for them
Amen
If only Destiny 2 was actually any good.
@@bfgfanatic1747 agreed, horrible game
@@evanddboi2097 yep
r/cryptomoonshots is filled with scams, shit's impressive, some of these scams are so well organized
Don't do this but couldn't you kinda make profit from flipping it within hours of buying
funny that.....scammers always seem to concentrate around sources of actual value
@@Edaurd I guess if you were careful, it could be done. Watch few to get the feeling for when to pull out, don't get greedy.. Could be even fun if you have money to waste.
"Crypto scammers are losing"
Me: Good, however we aint done yet, if ya want the growing to stop, gotta pull it from the root
Lol stay poor. I'm sure your stocks and fiat aren't losing value by the second lol
@@buckbreaker5185 I lost brain cells from reading that, repeat that?
@@jarotheboar8398 considering that exact comment from that exact "person" was on another comment, I don't think they're programmed to lol
@@Scorialimit ah ok
Maybe pl
The longer I see stuff on crypto the more against it I become. At first I was super pro crypto but after doing legitimate research it just seems stupid ethically and financially. If you really want to do this kind of thing just do stocks or real estate/vehicle trading, At least the last 2 are always backed physically.
only like 5 have any value in the real world
Too bad you lost money, you’ll be back when the hype comes and I’ll sell by bags to clowns like you at the top, well played
consider this... all the scams and funny business that goes on with your nations currency doesnt get reported, because there's no evidence that can be easily linked to the criminals based on the secrecy and control around currency supply. so there's no news on that, but there is news on cyptos getting cracked and people busted for schemes... because you can actually trace things back that way... so believe it or not all the "bad" news you hear on crypto is a good sign while the lack of any bad news around your own nations currency should really have you worried
Some are better then others, I can see how crypto could be a better fiat currency. Just got to purge the hype.
exactly what research was this?
I'm actually glad I'm too old to understand crypto currency and just rely on paper money instead.
I'm right there with you lol
same, though my 70 year old mother seems to think she needs an "eneff tea"
I use both
you think that's money in your wallet? so gullible. you dont understand your own currency any better than you do crpyto, you are just forced to use one vs the other and have rationalized a way to mentally deal with that
@@mossbogger8366 a dollar's a dollar, stay mad
also love how a news site can just say random bullshit like "400mil scammed" and no one but Muta is calling them out honestly news companies need to be shut down there is no such thing as news anymore
Thats because that would be relevant and useful information, and that is not at all what they care about
@@Dre2Dee2 I know that I was just pointing it out
I get bullish on Bitcoin when I think it's undervalued and bearish when I think it's overvalued. I saw BTC at a 50% discount and bought back heavily. I missed the coupon for that extra 20%. The people waiting to buy back way lower won't even pull the trigger if it happens
How do you determine undervalued and overvalued?
@Zahair O'Brian I do not know much about the market but based on the little knowledge i have on economic supply and demand, this is the best time to venture into the market the only thing holding me back is the steady fluctuations in prices which is not supposed to be a problem, but i really need guidance because i want to use this avenue that everything is on discount to build a dividend-yielding portfolio.
@@johnlennon232 I'd say, invest in good projects and DYOR if you don't understand, Dollar-cost average instead of going all in at once, so as to give you a good value for your money. Also, I'd recommend seeking a proven fiduciary Financial-Advisor who will guide, and show you the ropes as you are just starting out. I mean the likes of *''Eileen Ruth Sparks"* just like I did.
@@jameswood9772 How can i reach this person because i am in need of a better investment approach.
@@johnlennon232 Just look her up online to get in touch with her, her details are provided on the Web.
Imagine seeing the outbreak of monkey pox, after going through a pandemic, and using your brain cells to turn it into an NFT
Leukemia coin has me dead
Well, so leukoin has you dead? Makes sense
And I, who has yet to even touch crypto, am the true winner for I get to laugh at those who lossed.
sounds more fun than making a million dollars
@@camraid9 how much have you made?
Agreed. I'm a finance major at college (junior so 3rd year out of 4) and everyone around me pretty much tried to pressure me into buying cryptos and nft's. Guess who's laughing now
*VICTORY!*
@@camraid9 have fun losing money lmao
i believe scams like this need to exist much in the way i abuse exploits to get them patched sometimes it's the only way stupid people will EVER change
I love that all the shitcoins are called "(something) Inu" as if Inu is an acronym for something.
Muta killed the scammers' families is what i could deduce from the thumbnail
Just have to say that you’ve become one of my fav RUclipsrs in the past few months. Always a random topic. Great delivery. Perfect amount of humor and that laugh. This channel actually changes my mood. Ty Ty.
They didn’t do a rug pull, they asked someone politely to step off, put another rug down, and then ask them to get back on the rug. Then they jumped off the rug themself.
The gamers shall reclaim the graphics cards
And the stores shall restock their shelves with PS5.
Mutas upload time was so perfectly time to the moment when I got into bed. I am gonna enjoy listen to him while about to go to sleep
Can't wait for you to cover Seth Green's NFT "drama"
“Built off the back of something viral.” Quite literally in this instance.
It's one thing to fall for any scam, but one you're asking for to happen is definitely dumb.
Thumbnail muta sitting there like a father after saying "I told you so"
I'm waiting for someone to create servers for selling off right before these "insider traders" do...
Only for it to turn out they're run by the same people. reverse-funnel direct consumer marketing at its finest.
Whenever I hit a roadblock at doing my college assignment and I felt dumb, I'd always take a peek on these Cryptobabes failing and instantly feels better myself.
I am not as bad as these folks, I could still become a better man. Don't give up, me.
I bought that token, sold a few days later and made some profit.
Yes, some people lost money on that scam but some others didn't, in fact they made some profit. But of course that's beyond your understading. Finish your college and buy some bitcoins when it hits 100k.
@@marciaquispe4472 lady, with all due respect, I would never have the money to buy those things. I could barely afford the things that I should do now and I worked 2 places already. Sorry if I was an idiot and not understanding how the whole thing worked, but as far as I see em, I don't need this.
This whole thing was such a bad idea in the first place.
Yeah I think people are starting to see these tokens for what they are, even Andy Milonakis is starting to change the amount and the way he's pushing his own NFT's, he rarely brings it up in his livestreams anymore and when he does talk about it he tries to sell them more based on the exclusive benefits you gain in the meta over their trading value. He does still get really mad when someone calls him a scammer for it in his twitch live streams. Hope you cover it at some point!
Andy is on super drugs.
@@nategomes1719 sometimes I think that, sometimes I think he's just a weird dork. I actually like him, but I don't like that he's been pushing NFT's. I get the logic behind it, make a quick buck burning some people who probably aren't even fans of his anyway, but at the same time I don't think it's the right thing to do necessarily.
I gotta say I love how he's been so consistent on who he is and very legit
Is it bad that I've been trying to think of a crypto scam that would only scam rich money hungry investors.
NFTs
Nope
The rich aren't human, why would you feel bad?
@@vroomcar6328 pot calling the kettle black
@@drflannelxd904 "The rich aren't human"
*sniffs*
Smells like unemployment in here.
I don't get why people still think investing in these basically non existent coins is a good idea. The crypto boom already happened, trying to jumpstart a new coin is damn near impossible at this point.
Not really, a coin will boom quickly, but pretty much on release, and I don't really care about any of the non-major coins in terms of a currency, the rest of the coins are just money makers.
this thumbnail is now my wallpaper, thank you muta
Yeah I can't sympathize with people who invest in scams like that
The amount of Schadenfreude I get from watching these arrogant CryptoBros lose everything is delicious.
The only things stopping anyone who's smart from just living off of scam coins is morality or lack of fame
Anyone whos decently popular and smart can make millinions off of meme-coins and dip
It's not that easy. You need artist, you need shillers, you need good logos and a nice name. You need to take advantage of the current situation (example: moneky pox.) Of course you can pull something like that but as I said before, you will also need some kind of help.
@@marciaquispe4472 you make a good point- OKay so its not stupidly easy but like relativley easy with some help
I like putting smal amounts like 5$ into coins like this. They tend to go up before getting rugged, so its a gamble if i can sell fast enough.
Ima keep laughing at cryptocurrencies until the world ends😂😂
I don't even do crypto, but I just love these videos for the drama. They are modern day soap operas and I eat it up with sick fascination
Every time I hear a crypto person loses money
Bless up
I will never understand why people join a pump and dump discord server thinking that they won't be the ones getting scammed it's hilarious lol
you know is going to be a serious video when he doesn't laugh in the start
I don't know if I have to start watching some different stuff on youtube or I'll just have to come back to the TV after 7 years. I get too angry learning about what happens everyday.
Same...
Look at him relishing with victory in the thumbnail.
I mean, he did say he was getting hard
The more stories I hear of Cryptobros losing money on nothing coins like this, the more I am like, "Good."
Smug Muta is my absolute favorite thumbnail.
I've been getting recommended channels for people "investing" in candy and soda machines and it feels on the same scam level as this.
Fresh muta video while I have a long day at work is always nice, thank you muta :)
Hey, Zech here from Scamchaser: Good Call on that, obviously someone was not doing their due diligence when it came to their reporting.
Soo much money in this world these days and apparently very little of it goes to catching and preventing scammers, but at least these guys got what was coming to them
Why would anyone put money to tell people to stop being massive idiots.
Nobody's gonna do that.
When people realize the non crypto markets are also a scam...
Care to explain?
@@johnr797 most companies that have issued stock issued more stock than what the company's total asset value. For instance, Tesla, Facebook, and etc...
@@johnr797 I'm no expert so take this how You want.
You like slots? Gambling where the house sets the odds. When companies that are supposed competitors but the boards of directors share similar members. When companies give money to the people that enact policy and regulation.
Theres more to it than that obviously...but its not a fair game.
Now this doesn't mean investing in good ideas and new businesses is bad (its actually a very good thing) its just the way its currently set up.
Or
capitalism isn't (too) bad but capitalist pigism is (really) bad
@@henrydillard6217 most companies? The majority of publicly traded companies? Really?
@@paticusmaximus12 of course there are bad actors, but people don't found fake companies, have an IPO, then fold the company and steal everyone's money with no consequences.
$400 million is so much money that it would take Amazon 7.5 hours to earn.
You know, I was having a bad day today. A pretty stressful one.
But then I saw Muta smiling at me from the thumbnail.
Today was a good day :^]
Hope you're feeling better fr now, man
Muta's thumbnail was precious, but I am an almost 52 year old mom, so I am not trying to be creepy! lol
This falls in the category of Fool me once, fool me twice.
But in cryptocunts this is a "You fool'd me for the 30th time, feel no shame or pity on me, I deserve it."
I thought we were on the edge of a new and long lasting age of crypto BS when I began to see ads for them on my phone and even some on TV.
But it would seem the whole movement is in the process of one big stroke before it will begin to fade.
kinda correct there wont be many coins left in a few years you just have to pick very good and you can make alot, even i made some decent money as a 16y old off crypto by playing my cards right
Great video, the part where Muta declaws a wild boar was a bit out there, but I’m all for it! 😩
Never have I been more euphoric to get a yt notification than now. The war is over fellas, we have come out on top
Muta looks like the happiest man in the thumbnail
Yes, this is indeed somebody not understanding how market cap works and running with it. Somebody who is exactly the kind of person who should have zero excuse to NOT know how market cap works. That or they straight up just didn't give a shit and went for engagement in exchange for their integrity.
Thats always been Mutahars thing though. Spouting the most surface level and milquetoast takes humanly imaginable to appease his fanbase of drooling halftards
"You'll get no sympathy from me" - Ike
"Crypto collapses!"
-Everyone liked that
the sun could fucking explode and people would use their final moments to try and get "sunexplosion token" off the ground
It is hard to have sympathy. But most of those stupid scams are deliberately stupid to only atract a certain type of person. Whatever the scam, however stupid it is, the bottom line is some evil people are trying to take advantage of vulnerable people (old people, very young people, simple people, whatever).
I think vulnerable people, no matter how limited they are, should be protected from these vultures.
Love it, crypto ads before and after the video
The amount of smug in the thumbnail is not to be underestimated
He could sell it at this point lol
6 Month ago Muta: People that are investing in crypto and get scam are being taking advantage of.
Present day Muta 0:14: If you you are ever dumb enough to invest in Monkey pox crypto, you deserve it.
lol maybe cuz it’s been 6 months of scams
@@steez2916 6 Month of scam really? Muta was like those people that got scam I feel really bad for them. However, cyto scam been going on since 2016 ever since One Coin a crypto coin scam everyone that had the same mindset as NFT and all the alt coin that happen. Muta should know that.
if the scammers scammed themselves, then they are the ultimate scammers
Now this is a certified W moment
When I see Mutahar smiling in the thumbnail, I know this video is gonna be fire!
I rather get the actual monkey pox then pay for this
Ong
That’s why I only buy precious metals like gold and silver. If you can’t touch it, then you don’t own it.
Mutacoin to the moon
This is freaky when we started doing training with the World Health Organization a year-and-a-half ago from monkeypox and recently started buying millions of doses of "vaccines" for it
muta flexing his steam deck
meanwhile I'm in after q3:(
This is SO GOOD!!! I have such detest for people who don't have any empathy for hard working individuals. I LOVE what he said... there's no room for hate, but that doesn't mean you have to like them, either. I am SO GLAD you showed up in the nick of time to return the funds to their account. This is why I watch your videos, recommendations and I couldn't love what you do more than I do. Thank you for protecting innocent people. Thank you for reporting criminals. Thank you for doing what all of us would do if we could. Keep fighting!!! Much love.
I mean, you can't make judgements on crypto or any type of trading just off of 3,6 or even 9 months of performance. Everything has it's ups and downs. In the normal stock market, bear markets can last up to around 15 months at longest, at least on average. Crypto has always been known to be volatile. Just like any type of trading, it you can't afford to lose it, don't gamble it on trading or investing. With that said, I made over 10,000 off of trading Ethereum. (Yes I filed it on my taxes) However, scamcoins like this, I can't even fathom how one can even consider for a second that it's even possibly a good idea. Whoever spends even a penny on this might as well just donate money to the homeless instead. If you don't care what happens to your money, at least do something with it that will help others who need it.
keep up the great videos!
Honestly with how often this seems to happen its surprising that anyone is even still investing in crypto.
At this point its literally gambling. Everyone buying in in the hopes of it being the next bitcoin but you might as well just buy a lottery ticket if youre going to piss your money away like that.
Hey muta!!! You’re the man!!!
Hey, just leaving a comment for the algorithm. Found you through Coffeezilla and the 6-part series you did together and instantly love your skill, passion, humor, ability to explain things to a noob and everything about you. Subbed and will now binge your content. Thanks!
Saw the title, saw the smug ass smile in the thumbnail, saw your excitement in the video, I just knew this was gonna be a good one. Fuck this crypto market.
Market cap is so dumb in Crypto. The best example, was Squid Game token being rugged live on someone's stream. One minute he's chatting about a market cap in the trillions, next minute, it's gone to 0 with $7 million getting jacked from the LP. Market cap is a complete fairy tale and means absolutely nothing
Bottom line, if it's not bitcoin or ethereum don't invest cause its likely a scam
yeah but some alt coins that aren't get rich quick coins aren't really scams.
It shouldn't be an investment. People trying to het rich off others is what created the problem in the first place.
@@ChucksSEADnDEAD right. it's meant to be a currency
Damn. My man doesn’t even realize that 48 billion dollars was stolen from a south Korean bank and no one reported it..
i hope the crypto market collapses completely. this whole fad needs to end ASAP
and get back to that fancy paper!
Yes, go back to your inflating paper.
@@michaelschemmel1984 You're right, you win this time. Good luck investing my guy 👍
This entire thing just looks like a digital version of the Modern Art world, just a bunch of rich guys scamming each other and laundering money.