/biz/ - Business & Finance

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MarkerDao Has Failed Fri Mar 13 22:59:53 2020 No.17792517 [Reply] [Original]

I can't believe that these makercucks are asking for a refund from a protocol that is supposed to be decentralized. At this point, MKR is reddit tier investment. It's our time to shine
https://www.reddit.com/r/MakerDAO/comments/fhs7kp/just_got_100_liquidated_with_my_1713_eth_cdp_fck/

>>	Big Dick Jones Fri Mar 13 23:10:47 2020 No.17792679 File: 42 KB, 330x412, 1584116908691.jpg [View same] [iqdb] [saucenao] [google] >>17792517

>>	Anonymous Fri Mar 13 23:14:21 2020 No.17792724 Hahahaha eat shit makerDORKS

>>	Anonymous Fri Mar 13 23:16:31 2020 No.17792767 can somebody explain this shit to a brainlet? what did happen to these reddit cucks

Big Dick Jones Fri Mar 13 23:28:41 2020 No.17792956

>>17792767
I don't know much about MKRDAO but read that post. So basically these people can borrow money and have collateral in vaults. Well the market fucking tanked, the algorithim kicked and liquidated everyones holdings backing their loans in the vaults. It liquidated by auctioning off all their ETH. Since noone was ready and ETH was congested as fuck from people panic selling/transferring, their was one guy in the auctions, a fucking dev on the MKR team who bought everything for zero since there was noone to bid against! Everyone got fucked so hard and this is the system working like its supposed to so it wasnt a hack lol.

>>	Anonymous Fri Mar 13 23:32:05 2020 No.17793005 >>17792956 >their was one guy in the auctions, a fucking dev on the MKR team who bought everything for zero since there was noone to bid against! jesus hahahahaha what a kicker!! SEC incoming

>>	Anonymous Fri Mar 13 23:35:50 2020 No.17793042 File: 9 KB, 284x284, Nevin2.jpg [View same] [iqdb] [saucenao] [google] Maker absolutely BTFO by nevs

>>	Big Dick Jones Fri Mar 13 23:40:29 2020 No.17793109 >>17793005 The dude cleared $4.3m in ETH for only gas fees! What a fucking cocksucker. There's mother fuckers on the reddit saying they lost everything, their fucking life savings and shit. Insane.

>>	Anonymous Fri Mar 13 23:42:20 2020 No.17793132 extremely strong argument for decentralized oracles

>>	Anonymous Fri Mar 13 23:50:07 2020 No.17793241 Holy fuck Those people casually talking about losing huge amounts , oof

>>	Anonymous Fri Mar 13 23:51:32 2020 No.17793256 File: 12 KB, 229x220, 1563422910692.jpg [View same] [iqdb] [saucenao] [google] >>17792517 This is your second chance anons. Don't miss out on RSR.

>>	Anonymous Fri Mar 13 23:59:31 2020 No.17793362 Why is this coin so expensive? >inb4 marketcap

>>	Big Dick Jones Sat Mar 14 00:01:12 2020 No.17793384 File: 68 KB, 600x657, RSR CHAD.Big Dick Jones.jpg [View same] [iqdb] [saucenao] [google] >>17793256 Buy the dip anons. Join the RSR Chad army of fucking millionaires.

>>	Anonymous Sat Mar 14 00:02:03 2020 No.17793393 RSR LMAO. I remember these meme coin from back in the day when I used to short shitcoins

>>	Anonymous Sat Mar 14 00:15:08 2020 No.17793557 >>17793132 That dont run on eth

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