Three Arrows Capital: What REALLY HAPPENED to 3AC?! 🏹

~~~~

📺 Useful Vids 📺

~~~~

⛓️ 🔗 Useful Links 🔗 ⛓️

~~~~

- TIMESTAMPS -
0:00 Intro
1:17 What Was 3AC?
4:35 Terra Collapse
6:30 Grayscale GBTC
9:40 stETH collapse
12:00 The Collapse
13:47 Contagion?
16:44 Conclusion

~~~~~

📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Bitcoin #BTC #3ac #Crypto

[adamdobrowolski]

So basically this was the first crypto cycle that 3AC's founders actually were involved in... and instead of being cautious of potential pitfalls, they gambled everything on a continued uptrend during peak mania?

Seems like a rookie mistake to me.

[nafkahrizqi]

Satoshi gave us way for our financial freedom yet we let our money "invested" by other people for gambling. How ungrateful we are 🤔

[claudiamejias]

This is even more stupid than UST collapse. A huge firm with billions dollars risking their entire portfolio in crypto. Where the hell was their financial advisor?

[carlkligerman]

Greyscale is the elephant in the room IMO. Wanna know why the stock to flow model failed so spectacularly? It’s called paper Bitcoin. There’s a lot of Bitcoin that isn’t Bitcoin, it’s bits of paper saying IOU such and such an amount of Bitcoin. Same thing happened to Gold. Bitcoin will eventually realise its true value, but it’s going to be a long road.

[MithunOnTheNet]

TerraLabs, 3AC, Celcius next... sigh, the bear market has nowhere near reached its bottom.

[perospero]

Well good job my bro. Thanks for sharing this info!

[Gary_Reid_Backing_Tracks]

When the tide goes out, you find out who's swimming with no shorts on...
The reason the market cap is down by $2 billion? That money didn't exist. Things balance out.

[rammy]

It’s pretty obvious and more prevalent now that if you don’t hold your crypto In a wallet, it’s somewhere centralised and it can be frozen without any notice. But and straight away move your coins out of exchanges and other centralised platforms.

[TheForexApostle]

Amazing and impressive content! Looking forward to see more.

[pammu]

So much for 'smart money'. Kinda think we'd be better off without institutions

[mgautumstark]

It's insane how much money is liquidated in investment firms. We have to be ready for next collapse. I am selling everything and waiting 12K btc

[RandyDupree]

No. We should regulate ourselves ! We should have crypto bodies on fairness and risks. Even a " emergency fund" that all these companies contribute too. Why bring in people from the government that know zero about crypto?

[partickaljamested]

Stay Safe, everyone at Coin Bureau. Don't be naive. There are bad people in this world. yours is one of the most trustable info resources.

[Ivelin]

Thank you for a well researched story.

[raym]

The greed of some is killing for a lot of small investors, thinking that that market is acting fair.. Who will take action..? These platforms can help solving.. thanks!

[timursaadak]

I second the closing statement. It is good for the whole crypto society

[knightlaw]

“When you reward failure you create a moral hazard “

[pduran]

Please create more clips like these. Amazing content

[EvilDrDude]

Over leveraging and noob greed needs to be regulated, or 3AC-like will happen again and again, and do incredible damage to all the regular investors. BTC was never meant to be a tool for the greedy rich to get more greedy and more rich

[WillowWindsHomeandGarden]

Institutions and wall street in crypto isn't a good thing in my opinion. It's supposed to be you and code no middle men.