"Spanish Laughing Man" Risitas Recounts FTX Debacle and his "Bitcoin Maxi" Friends
Risitas talks FTX, his Maxi friends, and flipping the script.
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| 00:00 - 00:05 | ... and so they say to me "Risitas, hey, you have to get back in Bitcoin |
| 00:05 - 00:07 | it's going to 100k. Don't miss it!" |
| 00:07 - 00:10 | I say "You said that last year" |
| 00:11 - 00:16 | They say "This time for real bro! FTX is gonna send it!" |
| 00:17 - 00:21 | Then FTX went bankrupt and they lost all their money. |
| 00:21 - 00:24 | It's true. |
| 00:29 - 00:31 | It's true! |
| 00:31 - 00:34 | They been trying to get me to rebuy ever since 65k |
| 00:38 - 00:40 | When I sold |
| 00:41 - 00:47 | I saw the FED was gonna tighten, so I got the fuck out and put my money elsewhere |
| 00:47 - 00:50 | I left them holding the bags |
| 00:50 - 00:56 | all the while they telling me to have fun |
| 00:58 - 00:59 | staying POOR! |
| 00:59 - 01:01 | Can you believe that? |
| 01:04 - 01:06 | Now they down 99% |
| 01:06 - 01:08 | and they keep saying |
| 01:13 - 01:14 | that |
| 01:14 - 01:16 | I'm gonna miss the move! |
| 01:16 - 01:20 | Like I'll be worse off! |
| 01:21 - 01:27 | At this point I can buy... I can buy in.,, |
| 01:35 - 01:36 | with one dollar and |
| 01:36 - 01:39 | I'll beat their returns, 'cause they lost it all |
| 01:41 - 01:44 | but no, it's sad |
| 01:44 - 01:47 | I think SBF should be behind bars |
| 01:47 - 01:49 | for scamming the gullible |
| 01:50 - 01:53 | maybe he'll return the money |
| 01:54 - 01:56 | or make a new coin |
| 01:56 - 01:58 | for them to make gains |
| 01:58 - 02:02 | then they can start the cycle all over again |
| 02:05 - 02:07 | Unbelievable |
| 02:10 - 02:11 | can you imagine |
| 02:11 - 02:13 | trusting a mophead like that? |
| 02:15 - 02:17 | I don't understand the mania |
| 02:17 - 02:20 | They buy all the way down, |
| 02:21 - 02:28 | lose it all on FTX, and they buying more |
| 02:29 - 02:30 | They buying more? |
| 02:30 - 02:32 | Yes on another exchange |
| 02:36 - 02:39 | They can't help themselves |
| 02:40 - 02:42 | "It's the future bro" |
| 02:50 - 02:55 | What a fucked up market |
| 02:56 - 02:58 | Are you gonna rebuy? |
| 02:58 - 03:04 | The market is all over the place but maybe |
| 03:04 - 03:09 | someday. When it looks good |
| 03:09 - 03:11 | I'll have fun... |
| 03:16 - 03:20 | staying poor. |
| 03:23 - 03:26 | It feels good to flip the script. |
| 03:31 - 03:36 | I tried to warn them tho |