Topic: Honestly do we really got rugpulled in pandemic? (Read 415 times)

We stay at home because we don't have a choice but to do it. This is government order that's why we need to follow even if we don't like what we see about their implementations or disagree on the news they released. Although its really shady to see how the count bloated up since its just they are installing some fear to people so that they can crumpled some countries economy. That's why its really great to have cryptocurrency and we are earning from it since we don't have any problem at that time since we are continuously earning.

Also there are so many people trying their luck to earn at that time that's why many scammers enter the scene and target those newbies who's trying to earn from crypto then offering some good profit if they trust there money to their programs presented.

To think that we have to go through all these messy scams in life, just for happy ending, idk, may be it is what we deserve, btw I'm outta here! ciao.

Luckily the thing we face today is a lot very similar to many thing in the past, I'm not saying the 9-11 is a great precedent, but we can see the same 9-11 coming and we can prepare for it quickly. Mistake is the answer.

Face it? I'm not changing my avatar btw, I would keep my quote for as long as possible, also I'm not asking you to seek advice from anyone like me.

lmao, like we even have a chance, when our entire life is under the house rules. So who and what is the house? Is it the US govt is the houses?

Really? I don't even know this companies is up to something extremely shady!

And a lot of people, notably the one who work hard for money is unable to grasp the scams! They got totally hooked by the greed, don't get me wrong, that feeling of having on the pit of the pinnacle in your life is totally irresistable, who doesn't want to be in that comfort zone?

Rich people playing god in life, poor people playing along? And poor people back-stabbing another poor people because they wanna save their jobs! Is it not shady enough?

I would say yes we got rug pulled in pandemic in the real world or the crypto world in the real world there is so many businesses are closing anything is get disrupted there is huge demand and low supply in some goods and stuff and creating expensive price government print more money to be use as stimulus but ending up make the inflation get worse.

in crypto the second wave of covid in 2022 to be exact the bear market has officialy come an reallly there is bunch of project got rug pull as well

That is actually true, due to the pandemic many people were forced to work online, so they have the time to explore the internet and then some find out crypto industry and learn about it. Back then P2P earning games were popular, and many investors invested in them cause they gave a lot of people a profit, you could literally see it on the news that they had bought a house by just playing. I think that's one of the reasons why some of the scammers literally step up on their game, cause there's a lot of hype and popularity in the crypto such as NFT so they would do a lot of things just to scam people. But despite those issues, we can't deny that those years were actually profitable years (based on my experience) cause there were a lot of options to earn back then not only by trading and investing. Still, we know that it won't last due to scammers so it won't be a long term.

Also during the pandemic, all the people around the world when COVID-19 started were all really staying at home and were not allowed to go out, and all the establishments were also closed, so the only opportunity for people would be online while they were at home. They were participating to get profit here in the cryptocurrency business.

But sadly to say, there are also many crypto project scams that have come out, which some people thought were legitimate and would take time, so most of the projects only lasted for weeks.

What do you mean by "we"? The people in India suffered from the pandemic in a different way compared to the people in USA.
The old people suffered during the pandemic in a different way, in comparison to the young people. There's no "we", if you ask me.
Some people got paid stimulus checks for nothing and they enjoyed a big "vacation" during the lockdowns, while others had to survive without government aid and without a substantial income. Who got "rugpulled"? The first group or the second group? The answer is pretty obvious, but do you think that the governments had any choice. Without the lockdowns, the healthcare systems would've probably collapsed, causing the death rate to reach unprecedented levels.
Searching for conspiracy theories about "rugpulls" planned by the global rich and powerful elites is a completely different subject.
 

Rugpull, it is some urbanize joke or some sort, obviously there is countless pump and dump across many shitcoins every single day constantly, which is harmless in nature, but it is unprecedented one of them pump and dump successful at rug and pull a group of middle class into losing life saving. It would be my very own version of rugpull if I was to define it in plaintext, I can see some coin are definitely rugpull, not all of them, it is easy to see btw.

It seem the mess is purposely targeting mainly middle classes, it is again and again they are the one who always get screwed over and over again, but it is intriguing how is nobody notice the disaster they get themselves into...


But there seem to be no better suggestion, it is a brand new words I have no idea the origin, it might be a mis-translation derive from some other language who know lmao! I think the origin might be Japanese word?

Lmao, govt side with the business and companies that make them rich? I suggest otherwise, govt is eagerly trying to kill business, not side with them, govt can gain benefit and get richer after they extract wealth from the business owner, killing them by the process, it is clear how today many business are dead, got killed and wasted in GTA style.

So it was nothing more than a urban legend? I can't be sure nobody is getting poorer by now, nobody is jobless by now, no shop is closing down, I means there is nothing the nothing-burger.

Is it there is control freaks around us? And the control freak are invisible? the control freak are hiding and their names not exposed? That sound like some espionage grade debunking lmao!

Ok, have a proof... May be you want a proof to convince someone who is very logical, someone who have much higher logical power, someone who have 100 IQ! Btw there is no proof to anything, there isn't anything like proof of work either, so it is too bad, you would not get what you are after in life.


Well, you are suggesting having saving, obviously everyone have their life saving in the form of paper cash, but too bad, it seem reality is very ironic. A lot taxpayer and heavy savers ended up paying the price of the crisis, but how? Cringeworthy.

During the pandemic, it was actually a time when it was not easy to survive and make a profit, so in my opinion, it became an opportunity for the scammers to cheat a lot of people who were relaying profits online. They took advantage of the opportunity during the pandemic season.

Even in the crypto industry during this period, many projects came out that some thought were good opportunities, but most of the things that happened were purely rug pull, especially those that came out during this period in the trend of NFT and P2P games.

We got a sharp dip in bitcoins and altcoins during the start of the pandemic but that was also the trigger for the last bull run where the price of bitcoin rose from 3800$ to 68,000$.  Those who sold early during the pandemic would be regretting themselves.

Any major bad event will cause a sharp decline in the financial markets but usually, the bitcoin market recovers very quickly as compared to the stocks or forex market. You can see that currently; the world is in crisis due to Gaza War and the Ukraine / Russia war but we have seen around 10,000$ surge in bitcoin prices within a period of only one month.

We are going to be plagued by a pandemic for several reasons. With a virus called Covid-19, a dire financial turn is in question. As a result of this epidemic, the business sector, labor expansion, financial capacity and education are in crisis. It has created an economic depression in the global market and has taken the form of an epidemic in the society. Changes in business resources and closures are causing changes in the employment of workers and increasing unemployment. Economic depression is a complex problem that can affect the economy constitution and financial process and it can lead to various military, social and political problems. Coping with the Pandemic Crisis Basically, the actions of the World Bank, International Monetary Fund and other financial institutions have advised and helped in the economic and social reparations and the pandemic and are also supporting the social and financial aspects of the students.

Idk how is someone very influential could precisely estimate the duration of certain period of a cycle, three years... Obviously the person must have possess a crystal ball, and having some outworldly special ability to make them predict future to as far as three years, not even a known person could precisely predict something as short term as lottery grand prize number combination.

...Yup, you certainly have made some sense, there is mini crash in btc price in 2021, where the price retreat a staggering number to sub 30k! But it eventually recover to ATH again a short while later to finally ended up to what we have seem many bubbles happening in the space in 2022, btw the whole picture is still very much full of smoke, we are all totally dumbfound, it is totally not easy to describe the incident in plaintext!


Honestly having the feeling worse is very subjective, it can't be logically make into a metric to gauge any globally occurance. So everybody is feeling worse because... they just feel so! Also every family member does have the same feeling!


How time flies, I can't believe it nothing we has been done for a long time.

People aren't learning, or they have too short memory, I think most people have a hard time to recall something happens in as short as ten years ago, it is kinda sad gullible guy keep falling victims to frauds.

The world health organization warns us and does the government force us to wear masks to reduce the spread of covid Was that a bad thing for us? I don't understand why you think we are manipulated in this way. If wearing a mask and getting vaccinated were on the agenda to make a profit through business then what will you say about those unnecessary medicines doctors prescribe us when they can be controlled only by following good food consuming behaviors? Most of our illnesses can be cured through good food consumption practice and doctors know this and still prescribe medicines that can affect our bodies in the long run. We are being manipulated every day.

If we investigate in more depth, the pandemic did not appear by itself without cause and effect due to human actions or parties being lazy in protecting the surrounding environment. Because any disease will definitely be difficult to come if the environment around us is clean and not dirty, as well as the economic environment which in general has experienced a lot of price increases in the food sector and other necessary goods.

The pandemic is an obstacle to making any progress in life because with it, almost everyone cannot carry out activities and access freely in their respective environments, making development slow and even delayed. Meanwhile, investors who often use the crypto space to continue to develop their economy, I think they will not be so affected by this because they are still comfortable enough to continue carrying out their activities as usual.

The effect of the pandemic is elongated and that is what we are still passing through now that the price of food and other things are increasing. If the pandemic had never surfaced, we would have been living a regular lifestyle by now and keep spending and enjoying life effortlessly. The pandemic had made many of us to realize our mistakes and try and develop something that would work for us and give us money even online. Cryptocurrency price really skyrocket during the pandemic and that alone gave many investors huge profits to take home.

Lots of the supposed conspiracy theories during that time actually came true, that’s all I’ll say on the matter though. I mean we were led to believe COVID was a deadly virus that would wipe out large % of the world. We were then told the ‘vaccine’ would stop you getting the virus, then it was 90% effective, then 75%, then 50% & so on. An actual vaccine stops you contracting a disease, it gives you immunity. Lots of the richest people in the world profited on what happened. People like Bill Gates were buying big pharma shares before the virus happened. It all stinks but we’re the little people & we’ll never be told what is really going on. Let’s remember they gave us $1,400 stimulus cheques but then left us with insane inflation after printing trillions, doesn’t seem like a good trade for us.

We can do better. It only takes courage and other positive traits. In fact, many of us already did it. We survived the pandemic and we discovered our other side which we can say much better than the other. Life can be inherited and many can dislike it but it is still possible to change it.

So, we should stop blaming our ancestors for giving us a bad life and that we don't wanted. Instead, just use those effort or time to start changing your self. I'm sure that they can be proud of you and you are also going to be proud of your self. IDK or I'm not sure if being unsatisfied is truly a challenge? Because I also think that it is only a product of being uncontended on what you already have. But again, we can use that as motivation to improve.

Not all bad helps, but it can also depend on the person. Some don't want it or wants to avoid it but some faces it because they think it can be able to craft them as a better person.

That's the thing though, there is always a lot of warnings and clear indications of upcoming hardship or even catastrophe like 2008 but we always have a lot of people who live in denial and don't want to see those warnings so they end up paying a dire price.

Can we get out of such situation unharmed? Definitely not. Every single person is affected by the economy whether it is during good times or bad. The only thing we can do is to reduce the "damage" we are going to experience.
For example over the past couple of years certain investments have been very risky, specially in tech sector. So if you were a stock market trader you would stay away from those.

With recession and inflation we have certain other types of companies showing better potential which could be very profitable. Specially with the Great Shuffle where a company shutting down in one place means open market for similar companies in another country to fill that gap.
For example over the past year that I've been talking about economic crisis, all my topics could act as signals for the market. We saw companies that crashed in a lot of sectors (eg. detergent, energy and fertilizer/food industries) while soared in another country in the same sector. Shorting their stock in the crashing market while buying it in the soaring market that was filling that gap was super profitable.

You bet it. That's how they look and legally robbing people's money. They seem to be smart and good looking and I am one of those people that have been gullible and thought that they're brilliant, intelligent and seems to be perfect. But thank goodness, that whenever if it seems too good to be true, they mostly not true.

I guess those people that have been once rich and then became poor, they've got still a poor mindset. Unlike the actual rich, they've got all focus on their riches and multiplying it and they just did it during the pandemic and it's going to continue while we're seems everything is back to normal now.

Seeing how now the government no longer enforces things as strictly as when the Covid 19 pandemic was at its peak, it really made me realize that we have all been pranked by those who want to make money and make quick profits. I still remember clearly in my mind how my little family and I were in decline at that time, my partner was fired from the company where he worked, I had to move to my in-laws' house, my children also couldn't go to kindergarten, there were many bad experiences and also bitter memories which we all definitely feel.

Fortunately, now we are all back to normal and doing our activities well, although the issue of inflation and war still affects the prices of basic commodities, but I'm sure we can get through that.

Feels like that sometimes I can understand that, but I wouldn't say rug pulled to be fair. I would say that the inflation situation and money printing all feels like it was a period that wasn't really all that great, but the reality is that we are not going to end up with something that shouldn't be all that weird. I get that it is not all that shocking, but at the same time we are going to end up with a situation that has to be a bit different.

I get that it is not going to end up with all that weird feelings, but it is not technically a rug pull, it was all legal and not theft. The rug pull idea is that the creator would take your money and leave, this wasn't like that but it wasn't a fair situation neither, so I could understand the logic a bit. I believe that we need to make sure that we are doing better and we could move on with this situation and be better. It wasn't a rug pull but it wasn't fair neither, we need to work harder to equalize the score.

For the corporate job holders or private sector and permanent government employees who never had to worry about their “missing salaries or bonuses” are the one who left unaffected. The only peeps who got affected were the business personnel, proprietors with small to mid scale business that were not related to the healthcare.

If you check above filter then it applies to major population who was affected with pandemic financially. We were literally sitting at home doing nothing. Most of the students who were at the end of their degrees just got free ticket to their degree certificate but they had loss of perfect knowledge and understanding of their degrees.

I think yes we came out but we did not came out “unharmed”. Somewhere somehow someone is affected for sure. 

Until now, there are still many people who are pros and cons about whether Covid is really a dangerous virus or just a business for selling vaccine drugs and other medical devices. So the manipulation is very clear, starting from the global world and in every country that takes advantage. I believe Corona exists but I don't believe it will be deadly and dangerous, I doubt the data on Covid patients. My late neighbor had his data falsified. Even though he died due to diabetes, etc., he had to sign a letter as a Covid patient so that his body could be taken by his family. If you don't come to the letter you can't be visited, let alone given a proper burial.


This is true, the rich are getting richer, the poor are getting poorer during the pandemic, many government officials are taking advantage of this pandemic. If the question is whether they got worse during the pandemic, I think yes, many people got worse except for those who held bitcoin as an investment.

Rug pull is a specific investment term, and it means that there's a team/company suddenly withdrawing support/selling their assets, so it's centred on the idea of someone who's doing it, in a specific case. There have been some exit scams over the years, and there have been projects that genuinely failed, but what is the op referring to, specifically?
Who pulled the rug, and how did that impact the market? Bitcoin went to ATH during the pandemic, so how is that consistent with the idea of being rugpulled during the pandemic? And why is the op talking about how to get out of it unharmed? If it's the bearish crypto market, that will gradually fix itself, but there's no malicious intent involved anyway.

Problem with other people is they always look back on the past that's not actually important. They always find way to stress up theirselves that's why they ended up overthinking to much on situation that is not actually avoidable to happen. So for those incident happen in the world we need to learn from it and come forward so that we will not bothered for facing the new chapter in life. If we are badly hit financially on those situation then its time for us to bounce back then learn from it to became more financially stable so that if incident like that or more worst will happen then it cannot affect us financially also with our investments.

Moving forward is always the best decision we could do although we can learn something from the past if we look back but if those things can heavily stress us then maybe stop looking it and find more ways to get more income or ways how you can earn more to became stable in life.

But what can we do better than blame one side? I know the difficulties in many areas that have caused disruption to the seamless pattern that was previously practiced in society. Disease, war, poverty, pollution,... Yep, these things are not just happening, but they are happening with greater intensity. Maybe this is the main reason why I realize that this life is inherently nuanced but not good and needs a way to escape from that, and fortunately I have found a way to escape from those constraints.
Sometimes being unsatisfied in life is just a challenge for us all to improve together. Anything bad now helps us, facing it or avoiding it is a choice. Even the problems that have appeared in this market are considered very negative, but perhaps, looking with more open eyes, a bright future is still waiting for us.

It is a state business, a multi-billion business that must sacrifice many people, while those at the top who have the power enjoy every benefit.
Pandemics like COVID-19 are now even commonplace and will no longer be affected even if there is a new variant or something like that.
People are starting to not care about what the media reports.
We can already judge what we should do.

Now the status of Vaccination is the main tool for entering an agency or as a legal requirement for everything.
Now the fear because of the Covid pandemic is over, there is no more manipulation and we are used to it.

The pandemic was really beyond our control, and behind the scenes, it seems like COVID has been manipulated by those who've made us follow their strange policies like wearing masks, lockdowns, and getting vaccinated. We're being manipulated. Clearly, it's a huge business for them to gain instant wealth, while we'll never really know what's truly going on behind the scenes. This successful massive scam has left many people feeling helpless due to fear.

The rich get richer through shady means, and the poor get poorer. In the end, those in government positions in every country seem to get away with questionable actions, all within the legal boundaries of the rules they themselves create.

it was also mainly because in the pandemic the market was getting all bearish, even the supposed to be giant of altcoin like celcius and so on are getting into bankruptcy, can't expect the lesser coin to perform better and not having that slight interest in rugpulling the masses.
that was really horrible experiences for those that are just delving into investment in cryptocurrencies and already facing such horrible condition, but it could be a good experience to learn that even the altcoin with hundred millions market capitalization are not really immune towards bearish and could also just gone like some shitcoins out there. should also teach to many people how essential it is to diversify portfolio to mitigate risk of losing all the investment altogether.

It was a pretty hard slap, but I took it well.


In order for us to get out of such a difficult condition, it is important for us to be able to realize the shape of a situation, challenge and our current position. So that we can develop a strategy that is mature enough to be able to deal with it. As for some problems and challenges that are beyond our previous expectations, it is part of the difficulties we will face.


And if we cannot realize well about our current condition and position, then never expect that there will be progress in us. because we will assume that this will be fine.


Time continues to pass so quickly. So we don't have time to prepare everything and then only regret it because we have wasted time that we can't turn back. But is regret alone enough to fix everything, I don't think regret alone is enough because it won't be able to solve everything. To get out in this condition, we are required to be better and if we have to repeat everything from the beginning then just do all this from the beginning.

And in this case we don't need to question whether we are ready or not ready. Because ready or not ready, we have to face it and we will face it. Don't be like the story of the frog and hot water, which continues to adjust its body temperature to the water temperature which continues to increase, the frog just stays still and adjusts its body temperature without taking any other action, namely jumping, until finally, the water has almost reached boiling point and the frog can no longer do it. adjusts its body temperature to the water temperature and when the frog decides to jump, it is too late because it has lost most of its energy to adjust its body temperature to the water temperature. And in short, the frog died in the boiling water.

In a sense, we have realized that the situation we are in is already very difficult. However, if we just stand by and wait for our readiness, then when will we be able to get out of this difficult situation, are we just going to wait until this situation gets harder and we are no longer able to deal with it.

That was really a terrible one. A lot of of new projects were hyped that time that made us really excited to invest on the high potential ones but only to find out that those development teams suddenly shut down those projects and disappear in the market. Lucky are those who were never tempted to risk their money but a lot of those who have lost their money in an instant.

This incident had made me realized that no matter how you do research on the project, that is still not enough guarantee that we will never get scammed. Scammers have become smarter and they really make sure to attract the people first until they take advantage of the investors money and left the market  taking the investors assets.

Whatever the time we are going to face, we cannot stop it because the situation is like that. Instead of avoiding it, it is better to face it, unless we are not ready to face it. That is where the thing comes in: we must avoid it for the time being. then to face when we know we are ready.

That's why it should always move forward, not backward; that's how it's always been, right? The lift we seek is always forward or up, not down. As long as we always hold on to the desire that we want to achieve in life.

Rugpulled? This isnt some sort like of investment or whatever we do called it for us people who had been robbed into those pandemic times but i cant really be able to make myself not to think about those probabilities that that "COVID" was really be that created to have that kind of popular control and having those monopolized on making some so called vaccines just to make someone to be better or would get cured on the said virus on which we arent that blind on how big the money is really that circulating in talks about medication alone on which it do really seems or looks that it was really that intendly been created for that sole purpose
but well it is really just that my feeling or anticipation which it could possibly happen.

We cant really make out those kind of conclusions not unless if there's a solid proof to that, this is why its really hard that we are just living on this world on which we dont really have no choice but to adjust
accordingly if there are really bad situations that do really happen along the way. We cant really be able to make ourselves that be able to avoid if we wanted to.
This is why it would be always best that you should be having that savings so that when time or events like this to happen then you are at least prepared.

If we are talking about financially, then it is of course obvious that governments would side with the companies and make them richer and make us poorer. Lets sit down for a moment and think why? Well, simply because those governments consist of people, a president, a vice president, a congress, a senate, or whatever else you have in your nation, they are all PEOPLE, just like you and me, they are not any different. When you are a politician, you do not become politician to make the world a better place, you can't get anywhere with that mindset, majority of people who have that mindset loses the in-party elections, doesn't mean none ever go up, but its rare. So who does go up? The ones who are willing to bend the rules for their own benefit, because that means you will bend the rules for others benefit too, so the people in the party system that can take you higher, will want someone who will bend the rules for their benefit as well. When you get people like that in the government, that means they will get paid by companies, to do their bidding, and they will use their political power to make sure companies who bribe them end up doing better. It is as simple as that.

I was hoping the online world had stopped using and overusing that stupid non-word that was made up on the spot by either an anonymous teenager or 20-something-year-old.

We didn't get 'scammed' by COVID so much as manipulated in a very big way by our governments, and I'm pretty sure that would include those from countries all around the globe.  It infuriates me when I think back on the lockdowns, the masks, the vaccine requirements (but not vaccines themselves), and all the other crap that seemed to go on forever.

I'm an adult, however.  I can't imagine what it must have been like to be a child growing up and only seeing human faces covered by masks.  That really pisses me off.  What the effects of that have or are going to be, I don't know but I suspect that there was some damage done that didn't need to be done.  Grrrr.

Just being able to get through it, I am very grateful. Let alone getting out safely and unscathed. Just getting out of this situation seems very difficult. The current economy and trade with all its challenges and problems is full of uncertainties. And it makes us doubt whether the economy and trade will ever stabilize again.

I am quite tired of just standing as a spectator and I am also quite tired of being part of the people who are affected and victimized by the greed of the global elites in the economic world. Therefore, I invite all of you to be part of the people who control the system, not to be part of the people who are victims of an inhumane economic system. And we can start from the smallest things by building businesses to release our dependence on others. "Never think that this is impossible, because the possibility will always be there for people who want to try."

BTW in which sense are you talking about the rugpulled? And also which thing is most conveying your message for the rugpulled. Also this a person own's choice to invest in something or he wants to start some real life business instead of trading,  it doesn't matter.

I didn't understand the term you used rugpulled for which sense,  I mean the trading we are engage with or the business in real life we do with our money. So if you explain in a way we could easily get to the point.

That's always the case, for those who look at crypto for the huge profits it can bring, instead of being aware of the risks it can bring.
Seeing that many people are indeed enthusiastic, it needs to be a concern to emphasize good financial knowledge.

But right now in reality, people's ability to know about finance as a whole is very lacking, they are not aware of the dangers that lurk.
Those who have many evil intentions take advantage of the moment to steal from people who do not fully understand.

That describe precisely what you are but nothing more than social or economic output. Doesn't it sound pathetic how vulnerable is your position?

Isn't it scammer is always the wolf dressed in well-dress white collar that look smart attire. But man, gullible people keep falling for them, scammer keep doubling down on fooling them, the cycle never end.


Life is unpredictable, every guy I meet today are savage and barbarian, it is the complete opposite to the once sweet and soft spoken gentleman they used to be, something is cooking up!


You failed to see, the 1% you mentioned is accounted to the only financially capable individual, there isn't many guy who are capable to and win the darwin battle become the fittest survival and earn a living wage, so that is quite ironic, even the top 1% of the best talent got their life saving wipe out by the collapse, that is certainly a MT-GOXed moment, or a Bernie Madoff fiasco whichever you like most.

The more I read about this exposè, the more I could not think logically, I mean all of this are just a legal sparring and everybody are exchanging word of mouth, how many of them are telling the exact occurance, although legal battle is full of fraud and it is always wise to fight it to the very end, don't care who is winning or losing but the point is to know the real truth, honestly, you are now making up another phoenix wright top defend attorney moment, and it is all fun and entertaining!

I don't know if we were rug pulled back then in the pandemic, as the economy of every country has been affected since most of the jobs, and businesses have been forced to close down to avoid the spreading of the virus. Not sure if the economy has recovered after almost 3 years but in my country, a lot of people lost their jobs and some people took advantage of the situation and profited. In my case, I just do work from home since it's not allowed to go outside, so I could handle my time by doing work as well as doing investments in the crypto industry, which is a benefit for me.

After the lockdown where people are trying to go back to their jobs and recover, the government is trying to announce another variant of viruses, but people have been vaccinated and don't want to go back to lockdown due to they don't have a source of income, I think this is is actually fishy that they are trying to bring back that situation so for sure they are benefiting or what can we say they are trying to"rug pulled" once again, cause they have the power to manipulate the market.

It was actually a rug polling when in 2020 the pandemic hit the world and gradually crippling into all aspect of the economy because nobody or few people imagined it but yet not prepared for it. I believe that since three years ago, the world has felt worse economic downturn more than it has felt 10 years ago. If you have a close look at the inflation indice from the year before 2020 , you would see a decrease but it has increased after that.

https://www.macrotrends.net/countries/WLD/world/inflation-rate-cpi#:~:text=World%20inflation%20rate%20for%202022,a%200.23%25%20decline%20from%202018.

FTX crash is in 2022, the last year, not in 2021.

The collapse of FTX: What went wrong with the crypto exchange?
Bankruptcy of FTX

Their exchange token FTT got its all time high 2 years ago, $85 on September 2021.

If I understood you correctly, you are talking about the economic consequences of the pandemic, correct? If so, then the global economy is still suffering from the consequences of the pandemic, the impact of which could extend for an additional three years. However, I think that the economy has been affected by geopolitical factors in the recent period more than the economic consequences. Financial and political policies have led to a rise in oil prices and changing all of the lives that we live according to interest rates. High and higher tax levels

Whether we realize it or not, we are feeling the impact of the pandemic, but before we go any further, if you mean by the crypto crash that means the most surprising period in 2021 is FTX. Meanwhile, if we talk about the pandemic broadly, it is clear that almost all elements of society feel this way, whether crypto users or not. What I mean is the Covid 19 pandemic, so when it comes to the collapse of FTX, that's only 1% of the losses of many people in this world.

Returning to the focus of the FTX case, which is like tangled threads that are connected to each other. The SBF pours funds into political campaigns, so it is not surprising that criminal proceedings reach large amounts. Some of us have started to know when the SBF girlfriend was caught and unlocked all the puzzles behind the market crash. Both of them deliberately manipulated it in quite a cunning way, even on the first day FTX plan was implemented neatly. So that SBF is able to disburse large funds into political channels to anticipate bad things.

Financial evolution, unfortunately, is not balanced with dsitributed knowledge of society. Once they hear about the value growth, they will consider it a profitable scheme with no risk and they can enter without any hesitation.
This point is actually exploited by "people who know better". Crypto is really mostly for this purpose.

I think it was nothing more than a prank, what is there to see for a simulation, in no way you could gain anything meaningful from a simulation game.

I'm fortunate I wasn't in any meaningful way to do with FTX, I had read horror story all over the internet, I was shocked to know investors actually send life saving into FTX exchange and they got lock out from the exchange, balance wipe out, frozen, they are still haven't give up (even now) and waiting for the REFUND proceeding, I mean how is guy so gullible to send life saving to a brand new exchange, is it greed or is it pure marketing that is at work? I do not know the total damages, it is horrible the loss is well felt across the board.

All of this are pure gamble, I do not think you have a chance eventhough you have every information exposed right before your eyes, you can catch a poker cheating in a match, but it is the exchange you are dealing with, it is intangible which there is literally nothing you can do to riducule them, not a chance, go long or go short you loss, in a dice game go big or go small you loss, rigged game!

I couldn't ignore the news totally, yup I think the figure is quite reasonable, I was shocked to know the entity alone could mint near $35b worth of USDT, how on earth they could pull the figure is totally out of my head! Also many investors got totally wrecked by the collapse!

Classified news like this would never get into your hand btw, it is too shady to be publicized.

Too bad, you can never read a person intention or mindset, you do not know what would come to you until the very end, by the time you realize them, it is too late!

this phenomenon isn’t uncommon especially in my country people are greedy and mostly in need of money

this is easy because there are also a lot of people who don’t analyze new projects carefully and are easily fooled by shining words and promises of course we have to remember that these people are also in need of money or at least most of them the people who gets victimized by this type of things are those who are desperate enough to not notice red flags

That season has given us the wild ride, both positive and negative and that has given the best and worst on this market and also from the world. The best is like when the exposé of those real scammers in the community that has taken sums of money from the innocent users and swindled everyone, like was successfully made us a fool that they're the angels of the market. But lo and behold, they're the real devils that have planned it all along. And going with the real world incidents, it's like an actual reset for the majority but what I don't like from this scene is that the rich became richer.   

We are just people who enjoy development and economic progress. We are not the main actor in economic sustainability, both nationally and globally. We do not have businesses that play an active role in the economy and trade which can affect the economy as a whole. We are just a society that depends on a company to continue to have income to survive, so the steps and decisions taken by economic and trade leaders greatly affect us and will have an impact on our economic and financial stability. Because we are not the people who can regulate an economic system, but we are only people who are victims of an economic system.

And it's impossible for us to get out of this situation well. In making a decision, of course there are risks and challenges that we have to face. It could be that the risks and challenges will be greater than we previously thought. But even so, we must not be discouraged and continue to do our best to get out of this situation.

And today's quote; "if you fall, then keep trying until no one else can bring you down"

You are right in feeling the way that you feel, however this is just the system in power at play. FTX was able to grow as large as it did, influenced by much more than just SBF, also by powerful figures surrounding him. The ultimate goal? Maybe not to rob all of the people within FTX, but to manipulate the market and majorly capitalize from it. Imagine the gains that were made by those who knew that FTX was pumping up the market, and imagine the gains that they made from shorting it all while knowing that FTX had such a large hold over the space? Additionally, imagine how many investors and traders who understood the market was overbought, thus shorting it, got liquidated...similarly, imagine those who believed in the market, had a margin position, and got liquidated?

The losses add up so much more than just FTX, the market manipulation would have destroyed way more than the ~$50b that FTX lost/mishandled or whatever they say happened. It's just a penny in the water against how much wealth was concentrated back to the people surrounding SBF that were in the know.

And yet, no news about this. Just a spotlight on the face, and not spotlight on the ripple effect...but unfortunately, that's life. Those who had lost had to have had the risk of losing it all considered, no matter how unfair the circumstances were that caused the loss. There will always be bad actors, and it's not always those without power or money.

Unfortunately, there are now many similarities between the "rugpulling" that happened and can still happen in the crypto industry...and the real world we live in wherein people are still taken for granted and just fooled even by the very people that should be serving them. So many interests of the elite have been crammed in the throats of the common guys while deceiving them that things can be for the common good...and now we are starting to see the truths coming out. We have been rugpulled...yet this is not going to be the last for as long as people are staying in their comfort zones.

Honestly do we really got rugpulled in pandemic?

I'm still dumbfound, but the picture of rugpull keep resonating in my mind and can't get away with it...

Do we all really got rugpulled by a bunch of (bad actors that sither in the dark) just like what they hint about getting rugpull in crypto(2021) which is all but a simulation to the real world rugpulling in 2008 esque that still leave many guys totally confused and living in denial and got caged like a fangless lion and unable to get out.

I wasn't participate any substantial amount of energy or money in real world so I was totally unaware of nothing!

Anyway the main point is, do we successfully get out of this nearly unharmed? There isn't a metric to gauge any of this happening.