Saylor says MicroStrategy can sell coins; an auntie fakes a relationship to scam 200,000 RMB for crypto trading which goes to zero; a trader's holdings drop from 45 million to 17,000.
Written by: Nicky, Foresight News
Welcome back to Hot Take, where we bring you weekly highlights of the crypto world's most memorable moments of "stubbornness, romance, and shaky hands".
This week, three stories: a tycoon's stubborn remarks, a grandma's romance scam, and a trader's tearful account of going from 40 million in profits to...
Michael Saylor: I Said "You" Shouldn't Sell, But The Company Can Definitely Sell
Michael Saylor, founder of MicroStrategy, recently responded to the controversy over "the company selling Bitcoin" at BTC Prague.
He said: "I never mentioned that the company can't sell Bitcoin. What I told you was: never sell your own Bitcoin. Anyone who has listened to our earnings calls, read our disclosure documents, or has a little common sense knows this. The company will certainly sell Bitcoin when necessary."
Netizen hot takes:
"It turns out there's a small print note behind 'never sell'—it refers to individual investors."
I can do it, but you can't 😅.
Some netizens dug up old videos proving he had said multiple times that the company would never sell Bitcoin.
Dog 🐶 and bee 🐝?
Now it seems to have become a double-edged sword.
Turned into brainwashing propaganda 😭.
So "I" will hold until after MicroStrategy sells 🥺.
So will everyone's holdings add up to more than 845,000 coins?
Hold until the end of time!
This clarification is the pinnacle of linguistic art: I said "you" shouldn't sell, not "I" shouldn't sell.
60-Year-Old Woman Pretends to Be 20-Year-Old "Goddaughter" of Senior Official, Scams Young Man Out of Over 200k RMB in Online Romance, Then Gets Liquidated in 10x Leverage Crypto Trading
On June 5th, the Haidian Procuratorate in Beijing reported an outrageous case.
A 60-year-old Ms. Meng, who became obsessed with virtual currencies after retirement, wanted to get rich quick but was reluctant to use her own pension money. So she had a devious idea: use other people's money to gamble.
She met a mother on a short video platform who was worried about finding a partner for her honest son. Ms. Meng lied that she had a 20-something "goddaughter" named Xiaohong who worked in a central ministry, was gentle and decent. In fact, "Xiaohong" was her using another WeChat account. She changed to a young girl's avatar, imitated a teenage tone, and started an online romance with the young man.
The young man asked to meet multiple times, but was put off with excuses like "busy at work" or "strict discipline". He never met "Xiaohong", but had met Ms. Meng in person and always regarded her as a热心 "godmother".
As their relationship deepened, Ms. Meng used excuses like "family member ill" or "studying abroad" to defraud the young man of more than 200,000 RMB. The young man took out all his savings and even borrowed money from others.
Finally, the young man noticed inconsistencies: her chat language was old-fashioned, and the "foreign life photos" had a domestic KTV background, so he reported the case.
Ms. Meng tried to argue it was a "loan" after being caught, but the evidence was conclusive, and she eventually pleaded guilty. The 200k+ RMB she scammed was all invested in virtual currencies with 10x leverage, going all-in. Then the market crashed, leading to liquidation and zero balance .
Recently, the Haidian Court sentenced Ms. Meng to 4 years in prison, fined her, and ordered her to compensate the victim for losses.
60 is the prime of life!
Grandma 👵 is still too ahead of her time!
After scamming old men, now scamming young men 🤯.
The little sister turned out to be a 60-year-old auntie 🤪.
So should people be bolder 🤣?
"Forced wealth" 🫢.
Age seems just right 🫠.
Is there a possibility of someone taking the fall 🤔?
Want to learn from the auntie?
Try boldly while "young"!
Must work harder 💪!
From 45 Million to 17k, Ask Me Anything
On Reddit's CryptoCurrency subreddit, someone posted:
"Tale of a crypto trader"
The accompanying text reads: Peak net worth of $45 million, now only about $17,200 left. Ask me anything. This trader reached a peak of $45 million through meme coin holdings.
The comment section was instantly flooded with curious netizens:
"Did you ever think about buying index funds instead..."
"Dude, are you still alive?"
The post resonated with many and became a crypto version of "Confessions".
Netizen hot take: "I allocated 20% of my portfolio to POOPCAT"—that's just crazy. (POPCAT is currently trading at $0.041, and hit $2 in November 2024.)
A netizen said: He just wanted $100 million? Poor guy. (It seems like doubling up would get him there, but he fell into the abyss.)
Imagine taking profits at $4 million and enjoying life.
Netizen hot take: But those unsold profit screenshots are forever 😎.
Comment reply: You can turn it into an NFT.
A netizen commented: Holding meme coins like gold and not selling—if he had cashed out then, with the low liquidity of meme coins, he might have only gotten 50% of the value. (But that's still $20 million!)
I don't see a trader, more like a gambling addict 🤑.
A netizen shared their experience: I was heartbroken when I held a token too long, watching profits drop from $6,000 to $2,000 before realizing the disaster. If he can still post after losing $45 million (not counting time and other immeasurable resources), then I'm okay.
When people say you should diversify, they don't mean buying a million dollars worth of meme coins. Why not buy gold, silver, stocks, etc.? Why meme coins 🤣. It's really a shame.
Interestingly, I also made a lot from WIF and BONK, both dog-related coins, but since TRUMP coin launched, all coins have plummeted.
From Saylor's "word games" to the auntie's "10x leverage scam" and the Reddit guy's "45 million to 17k", this week, some played with words, some with hearts, some with their nerves.
The world is a huge makeshift stage, but Hot Take is here to cut these精彩 moments together for you!
Wish you a happy weekend, see you next week!
(This content is based on public information and online discussions, interpreted in a lighthearted way, for reference only.)
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