Crypto exchange Bitvavo says 280 million euros 'locked' at DCG

Discussion in 'Crypto Assets' started by ph1l, Dec 16, 2022.

  1. ph1l

    ph1l

    Prolly nothing since locked means safe, right?;)
    https://finance.yahoo.com/news/crypto-exchange-bitvavo-says-280-224505739.html
     
  2. johnarb

    johnarb

    If it's locked, cannot be dumped to crash the price
     
  3. maxinger

    maxinger

    Prolly nothing.

    locked means

    - hackers wouldn't be able to steal the crypto thing

    - you cannot withdraw the crypto thing as the Exchange has
    liquidity problem
     
  4. virtusa

    virtusa

    Nowadays, hackers have easier acces to other people's crypto's than the owners of the coins.

    :D

    And more and more "vaults of value" are opened and cleaned out by hackers.


    ROFLMAO.
     
  5. virtusa

    virtusa

    Here it is another one. It confirms that the major part of "investors" are just idiots that want to be rich quick. Tyical for the entire crypto world.

     
    Nobert likes this.
  6. Nobert

    Nobert

    Recently wrote in another thread.

    Sometimes visiting the bis section in the book store. It was a new book, in Lithuanian and the title literally said :
    ,,Crypto : easy way to get rich''
    (Ofc. Could be a ,,clickbait" title. The irony as well. Releasing books about how bad is crypto at the bottom)

    ****************************************************************************

    Damn. Now thinking. Got to buy that thing and frame it. Will look at it few decades latter, - will use it as a reminder for others.

    ***********

    ,,I lost $500k in crypto zoo"

    Ok.