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/biz/ - Business & Finance

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2622720 No.2622720 [Reply] [Original]

STATUS PLANNING ON LIQUIDATING SEVERAL MILLION IN ETH IN THE NEXT 24 HOURS!!!

https://www.reddit.com/r/ethtrader/comments/6jndki/status_planning_to_liquidate_several_million_in/?st=j4ejkgj0&sh=d404a708

"Hey, yes we do have a plan for keep a 18-24 month runway into CHF. As much as we believe in Ethereum long term, it certainly makes sense to have a portion our working capital in a less volatile currency.
I've been working to get this organised the past few days (part of the reason why I've been so quiet over here), and we'll be sending a transaction from the multisig in the next 24 hours."

GET OUT WHILE YOU STILL CAN.

>> No.2622775

>>2622720
>Hi I'm a super successful trader and I always tell people my huge trades before I execute them

>> No.2622791

>>2622775
That's a status dev that posted it

>> No.2622798

>>2622775
are you illiterate

>> No.2622803

FIAT
>FIAT
FIAT

>> No.2622827

>>2622720
Everyone literally handed them ETH and then they fuck it right back.

>> No.2622838
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2622838

STATUS RAISED 100 MILLION DOLLARS WORTH OF ETH THIS IS GOING TO CRASH GTFO

> HE DIDNT THINK BANCOR DID THE SAME THING

>> No.2622845

>>2622798
>>2622791
shitters in the streets, rapists in the sheets.

>> No.2622849

>>2622720
fucking knew scumbag ICOs would crash this.


fuck them, cunts

>> No.2622866

>>2622720
RIP Ethereum. Too young. So sad.

https://www.youtube.com/watch?v=gJ6APKIjFQY

>> No.2622870
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2622870

THE HELL!? THIS CAN'T BE HAPPENING.
WHAT DO /BIZ/ ???!!!

>> No.2622872
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2622872

fucking ICO scams I swear to god

>> No.2622877

>>2622720
daily reminder that the status ICO is the only reason eth is tanking. i'll never use their dogshit dapp and I'll relentlessly FUD the shit out of them everywhere I can, fucking bastards

>> No.2622896

>>2622877
ICO was the only reason why this shitcoin was rising

>> No.2622930

>>2622877
http://www.zerohedge.com/news/2017-06-21/ethereum-flash-crashes-after-status-ico-clogs-network
They caused the flash crash and ruined confidence in Eth causing the downward trend, fuck Status

>> No.2622942

https://np.reddit.com/r/statusim/comments/6jju26/is_status_planning_on_liquidating_eth/djeta9a/

>those comments

lul

>> No.2622950

If you're holding ETH, you should have liquidated 2/3 of it on saturday and the rest this morning, then buy back when the dust settles.

If you're a miner, it's still barely time to get rid of your GPUs.

>> No.2622974

Its not just ICOs other factors too, BTC crashing too, support will be 1800-2000 USD.

This crash will take a few days.

>> No.2622983

>>2622930
And fuck blockfolio for shilling this garbage

>> No.2622994

ETH support is 150-160 USD, this crash will take a few more days. This just starting.

>> No.2623024

Rofl. The absolute carnage. If you're in eth right now, I feel for you /b/ros.

>> No.2623064

kek get rekt ETH soon will be worthless

>> No.2623114
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2623114

>>2622720
THIS DAY KEEPS GETTING BETTER

>> No.2623118

Isn't it hilarious?

>people buy ETH to hodl and buy ICOs
>companies sell ETH for fiat
>ETH crashes
>shitcoins people received during ICOs crash harder because they are the first thing people panick-sell

>> No.2623140

>>2622942
kek.
>kill yourself and your shit ICO

>> No.2623152

>>2622720
Yeah, just wait till more ICOs start dumping. Its going to happen quick and be a total trainwreck. If you haven't cut your losses on eth yet you deserve to lose all your money

>> No.2623162
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2623162

I'm out, see ya faggots

>> No.2623215

Sold at 220 since other icos will need to liquidate

Bought at 12 usd so still up, but i knew those fucking jews were gonna screw us over

>> No.2623218
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2623218

>>2622720

LOL it's all over

>> No.2623220

Looks like it's starting

>> No.2623244

>>2623152
if it crashes completely it will be the best buy opportunity of the ages. Theres not much wrong with the tech in itself, especially taking its early stage of development in account. The problem is the structure of ICOs, which people will have wised up to after the crash. Meaning ICOs will raise less money after the crash and new good alts will be easier to aquire.

>> No.2623249

>>2623220
w-what is anon

>> No.2623259

>>2623244
lol there is plenty wrong with the tech itself. not to mention the massive branding issue ETH will always have from here on out. ETH basically equals scam now.

>> No.2623262

>>2623218
>It bums me out that this comment got upvoted. Hopefully we're better than this.
>Can we please keep it civilized.

I swear you could literally fuck these plebbitcuck's gfs right in front of them and they'd ask you if you needed anything.

>> No.2623278

>>2623249
new lows on ETH deadcat bounce is over

>> No.2623319

>>2623262
kek

>> No.2623362

>>2623278
y-yay

>> No.2623707

haha he's doing damage control now

says he will sell off slowly over the next month through OTC

>> No.2623725

>>2623707
Why would he care what some faggots on the internet say? Does he fear being stabbed?

>> No.2623769

https://np.reddit.com/r/statusim/comments/6jnbxs/status_contribution_period_recap_status_blog/djfllwt/?st=j4em4m2z&sh=206e6418

>> No.2623793

>>2623725
he doesn't want to cause a massive sell off with his statement because he can sell his eth higher and get more "development" funds.

>> No.2623907

>>2623793
team building developer retreats in the Caribbean, lmao

>> No.2623980
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2623980

>>2622942
This is great

>> No.2624068
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2624068

DO NOT BELIEVE THEIR FUCKING LIES

THEY ARE BACKPEDALLING

>> No.2624133

>>2624068
Fuuuukc

>> No.2624402
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2624402

>>2623259
The flippening wasn't supposed to happen like this.