1135: BITCOIN MAXIMALIST MICHAEL SAYLOR SAYS ETHEREUM COULD COLLAPSE LIKE LUNA!!
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Bitcoin News Alerts
3.8 β’ 635 Ratings
ποΈ 16 December 2022
β±οΈ 27 minutes
ποΈ Recording | iTunes | RSS
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Summary
Ethereum has come under fire from Bitcoin maximalist and former MicroStrategy CEO Michael Saylor who has compared the network to LUNA, which tragically collapsed in May 2022. The effects of the collapse continue to haunt the broader crypto market, playing a role in the collapse of many notable cryptocurrency firms. Now, Saylor has pointed fingers at Proof of Stake (PoS) networks like Ethereum as carrying a possibility of crashing like the infamous Terra.
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Transcript
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| 0:00.0 | In today's show, Bitcoin dips under $17,000 as the craziest rumors over Binance Sync, the Bitcoin price. |
| 0:07.3 | That's right. Bitcoin traders stay wary over the Binance flood triggering overly bearish Bitcoin price action. |
| 0:13.3 | Also in today's show, Binance proof of reserves have been removed from the auditor's site. |
| 0:18.1 | That's right, Mazars Group, known for its proof of reserve audit services, for crypto companies reportedly |
| 0:22.8 | removed the audits from its site. However, CryptoQuant verifies Finance's reserves and reports |
| 0:28.8 | there is no FTX-like behavior. Finance has faced a floodstorm this week, to say the least, |
| 0:34.9 | especially coming from Mr. Wonderful himself, but a new |
| 0:38.0 | crypto-quant audit has verified its proof of reserves. Also in today's show, SBF reportedly |
| 0:44.0 | files a new bail application in the Bahamas Supreme Court. This is after he got denied bail |
| 0:50.5 | previously from the judge. They're requesting this once again. Also in today's show, |
| 0:56.1 | breaking news, Trump is now selling his own superhero NFTs, or at least he was. However, |
| 1:02.2 | it's now officially sold out. And this is ironic, considering he wants thrashed Bitcoin for being a |
| 1:07.5 | scam. Also in today's show, Bitcoin maximalist Michael Saylor says Ethereum could |
| 1:12.4 | collapse next like Luna. That's right. Ethereum has come under fire from Bitcoin Maxis and |
| 1:17.6 | former Micro Strategy CEO Michael Saylor, who has compared the network to Luna, which tragically |
| 1:22.6 | collapsed in 2022. That was back in May of this year. We'll also be taken a look at the overall crypto market, all this, plus so much more |
| 1:31.4 | in today's show. |
| 1:38.5 | Hey, what's good, crypto fam? |
| 1:40.4 | This is first and foremost, a video show. |
| 1:42.8 | So if you want the full premium experience, |
| 1:45.1 | visit our YouTube channel at CryptoNewsalerts.net. Again, that's CryptoNewsalerts. |
| 1:51.6 | I want to welcome everyone tuning in to today's live stream. This is podcast episode number |
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