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/biz/ - Business & Finance

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10118449

HOLY SHIT...GET THE FUCK INNNN Anonymous Mon Jul 2 08:55:49 2018 No.10118449 [Reply] [Original]

https://blog.coinbase.com/coinbase-custody-is-officially-open-for-business-182c297d65d9

Looks like last friday's pump could have been due to the future's close but also there was a large deposit placed...
>Last week, Coinbase Custody accepted its first deposit. Today, we’re proud to announce that we’re officially open for business. Over the coming weeks, we’ll continue on-boarding a set of world-class clients that includes leading crypto hedge funds, exchanges and ICO teams.

Coinbase Custody’s mission is to make digital currency investment accessible to every eligible financial institution and hedge fund in the world. We’ll achieve this by striving to become the most trusted and easiest-to-use crypto custody service available. Coinbase Custody is a combination of Coinbase’s battle-tested cold storage for crypto assets, an institutional-grade broker-dealer and its reporting services, and a comprehensive client coverage program.

>>	Anonymous Mon Jul 2 08:57:42 2018 No.10118468 >>10118449 Lol did not understand shit expect few words, TLDR for nobrainer? Is this good or bad?

>>	Anonymous Mon Jul 2 08:58:33 2018 No.10118479 File: 31 KB, 660x574, 1521748965608.jpg [View same] [iqdb] [saucenao] [google] >>10118468 the absolute state of biz....

>>	Anonymous Mon Jul 2 09:00:34 2018 No.10118500 >>10118468 Only good for people with lots of money. This doesn't concern /biz/ unless you have a cool 500 mil to plop down

>>	Anonymous Mon Jul 2 09:01:50 2018 No.10118508 File: 34 KB, 817x443, 1530519380225.png [View same] [iqdb] [saucenao] [google] >>10118468

>>	Anonymous Mon Jul 2 09:02:21 2018 No.10118517 File: 59 KB, 1000x1000, 1523816971518.jpg [View same] [iqdb] [saucenao] [google] >>10118500 >instituional investors putting billions into crypto does not concern /biz/

>>	Anonymous Mon Jul 2 09:02:51 2018 No.10118522 File: 26 KB, 500x354, 1nyjcw.jpg [View same] [iqdb] [saucenao] [google] > doesn't this make them operate like a traditional bank? > wasn't it the whole point of crypto to get independent of banks?

>>	Anonymous Mon Jul 2 09:03:35 2018 No.10118531 File: 10 KB, 183x275, download.jpg [View same] [iqdb] [saucenao] [google] Maasssssive

>>

Anonymous Mon Jul 2 09:04:01 2018 No.10118536

>>10118500

The fact that a major exchange saw the need to create a special new exchange for people (and institutions) with $500 mil+ to plop down is extremely bullish. Looks like the institutional money that's been talked about is truly happening, but it might not trigger a true bull run for a while. Accumulate now, because that's what the whales and institutions are doing..

>>	Anonymous Mon Jul 2 09:04:30 2018 No.10118540 >>10118500 gtfo. dood. what do you mean it doesn't concern biz? you realize 500 million would wipe btc ltc or eth order book clean leading to a new all time high? all we need is a couple really rich people to use their service.

>>	Anonymous Mon Jul 2 09:05:42 2018 No.10118547 >>10118468 TL;DR sell your stack and exit the market ASAP

>>	Anonymous Mon Jul 2 09:05:54 2018 No.10118550 >reporting services, and a comprehensive client coverage program. What are these?

>>	Anonymous Mon Jul 2 09:06:32 2018 No.10118555 >>10118500 Damn. Must suck being a perma bear when good news comes out. You should have been shorting in may/june... now is not the time. Have fun losing money. I already bought back in.

>>	Anonymous Mon Jul 2 09:06:40 2018 No.10118556 >>10118536 this. bull is being prepped but at least the good news is we should be very close to the bottom if not already there.

>>	Anonymous Mon Jul 2 09:06:41 2018 No.10118557 >>10118449 AND THE MARKET GOES MIIIIIILLLDDDD!!!!

>>	Anonymous Mon Jul 2 09:08:42 2018 No.10118571 >>10118540 >implying they're just going to hit "buy" with 500 million Wew

>>	Anonymous Mon Jul 2 09:09:58 2018 No.10118586 >>10118550 Sounds like tax/legal docs and an insurance service

>>	Anonymous Mon Jul 2 09:12:31 2018 No.10118612 >>10118449 >Ledgers and trezors hidden in a drawer >MUH COMPLICATED CUSTODY SOLUTIONS fucking gate keepers

>>	Anonymous Mon Jul 2 09:13:42 2018 No.10118625 >>10118612 They actually have multisig wallets on offline machines. If someone is insuring them, they have to have been vetted

>>	Anonymous Mon Jul 2 09:29:10 2018 No.10118777 File: 104 KB, 960x1200, 0809c9c4-839d-4abc-9522-ca3cf43cb7e2.jpg [View same] [iqdb] [saucenao] [google] >>10118449 WE GOIN TO 5K LADS! GET OUT

>>	Anonymous Mon Jul 2 09:30:05 2018 No.10118789 >>10118479 >>10118517 >The influx of newfags on biz >influx of institutional newfags on coinbase give me your cum, bull!

>>	Anonymous Mon Jul 2 09:38:14 2018 No.10118881 File: 16 KB, 217x233, aaa.jpg [View same] [iqdb] [saucenao] [google] >>10118536 We will never see sub 6.5k again.

>>

Anonymous Mon Jul 2 10:50:35 2018 No.10119740

>>10118536
People don't realize the strategy of these institutions is to accumulate as much as possible. Shake ALL weak hands out of the game. Then start telling the normies to buy this stuff. Sell them crypto in "Investment packages" or whatever. Price will skyrocket.

>>	Anonymous Mon Jul 2 10:52:52 2018 No.10119770 >>10118571 They do. I mean we are breaking 12k in a few minutes.

>>	Anonymous Mon Jul 2 11:42:46 2018 No.10120401 File: 25 KB, 380x380, yalldidntaccumulate.jpg [View same] [iqdb] [saucenao] [google] >>10118517 >>10118536 >>10118540 >>10118555 >

>>	Anonymous Mon Jul 2 11:45:20 2018 No.10120427 >>10118555 I never shorted, been accumulating since ETH hit $700 Gonna hodl until ETH touches 900-1000 again and begin life as a 30yo retired boomer lol

>>	Anonymous Mon Jul 2 11:49:10 2018 No.10120477 >>10118522 > doesn't this make them operate like a traditional bank? So? > wasn't it the whole point of crypto to get independent of banks? Nobody is forcing you to use banks in crypto. Thats the difference, the freedom of choice.

>>	Anonymous Mon Jul 2 11:52:37 2018 No.10120520 >>10120477 Are normies so bad with money that they need an (((institution))) to manage their funds? Is this how we got to now, with fiat being handled by (((banks)))?

>>	Anonymous Mon Jul 2 11:54:30 2018 No.10120540 >>10120520 it's not even about normies directy, it's for the fund managers and al the other wallstreet scammers to be able to legally dump boomers/normies savings into crypto

>>	Anonymous Mon Jul 2 11:56:05 2018 No.10120561 >>10120540 This, and custodial services coming online today is one less thing that the SEC can cite as a reason NOT to pass an ETF.

>>	Anonymous Mon Jul 2 12:55:55 2018 No.10121381 File: 49 KB, 620x192, insider.gif [View same] [iqdb] [saucenao] [google] >coinbase custody announced >huge green dildo just moments before

>>	Anonymous Mon Jul 2 13:02:19 2018 No.10121462 >>10121381 HODL the news

>>	Anonymous Mon Jul 2 13:04:54 2018 No.10121497 >>10120540 >>10121381 Jesus Christ... It's almost like a bunch of moneybags knew ahead of time... Glad I've been putting my wagie checks into the dip for the past 3 months...

>>	Anonymous Mon Jul 2 13:18:02 2018 No.10121684 >>10121381 This comic is retarded. Anyone who profits in a market is doing so at the expense of someone else. Hurr durr everyone is a victim.

>>	Anonymous Mon Jul 2 13:21:57 2018 No.10121731 >>10119740 This. probably bad for all of us

>>	Anonymous Mon Jul 2 13:26:26 2018 No.10121796 >>10121684 holy fuck you're retarded, profits from trading based on publicly available information is different than insider trading

>>	Anonymous Mon Jul 2 13:32:27 2018 No.10121878 >>10121731 Only bad if you exit crypto when things start looking bad. If you HODL and take profits to other cryptos you will make it.

>>

Anonymous Mon Jul 2 13:33:41 2018 No.10121894

>>10121381
>insider trading is really bad

no it isn't you fucking sheep. insider trading is when the seller has more information than the buyer (and the rest of the market) -- when he sells, the market drops in response, and has gained information in response, by pushing the underlying asset closer to its true price

fuck out of here. is it insider trading when you know something's a great idea and you buy? caveat emptor you fucking poors

>>	Anonymous Mon Jul 2 13:33:47 2018 No.10121899 >>10121878 What I mean is, you can't predict when they will BART it up. That is the purpose of the barting, to destroy and wreck people who are trying to short/tether.

>>	Anonymous Mon Jul 2 13:36:51 2018 No.10121944 >>10118449 lol ANYONE who does not UNDERSTAND the sheer gravity of CUSTODY is outright RETARDED. I love crypto because 16 year old zoomers are meming out over lunch money. Let's make some fuckin MONEY boyos

>>	Anonymous Mon Jul 2 13:49:38 2018 No.10122155 >>10121944 Go on boomer I'm listening

>>	Anonymous Mon Jul 2 13:53:35 2018 No.10122204 File: 93 KB, 492x740, 3c74e8808680aad6dc2ab71a11b5c9ea1733e27cf6977b5373cfb0b4e3cd7680 (copy).jpg [View same] [iqdb] [saucenao] [google] >>10119740 >Investment packages

>>	Anonymous Mon Jul 2 13:56:31 2018 No.10122245 File: 8 KB, 188x269, 1526198174168.jpg [View same] [iqdb] [saucenao] [google] >>10118449 I have no clue what a custory does or what this even is Somebody explain

>>	Anonymous Mon Jul 2 13:58:10 2018 No.10122265 >>10122204 What the fuck is investment package? Im living in 2018 and soccer moms are in 3018. Wtf?!?!

>>	Anonymous Mon Jul 2 14:01:52 2018 No.10122313 >>10121944 checked LET"S GO BRO

>>	Anonymous Mon Jul 2 14:03:36 2018 No.10122337 File: 241 KB, 714x1200, 993D9F49-736D-4BB1-ADB8-3D456C1D4C7E.jpg [View same] [iqdb] [saucenao] [google] >>10122265 >investment package