/biz/ - Business & Finance

>>49616480
Unironically might happen because this movement is essentially FTX and binance scamming the market

Good I hate Coinbase, they list nothing but dogshit. Goodbye eth.

>>49616480
Only $900 to go. This going to happen inthe next hour. I cant believe I am watching this with my own eyes.

>>49616480
Where did you get the $15k number from?

>>49618086
Their CEO said it a few months ago at a conference. At the time it was close to 50k though and he also said they would take customer holdings if they go bankrupt.

>>49616480
Why do you make shit up?

>>49618196
>Their CEO said it a few months ago at a conference.
lol. you're full of shit.

>>49616480
If only there was a way to securely hold crypto yourself.

>>49616480

R.I.P. Coinbase

>>49618240
>>49618200
Read yourself its all over the internet. Big reason for the current sell off is the exchages https://fortune.com/2022/05/11/coinbase-bankruptcy-crypto-assets-safe-private-key-earnings-stock/

Well that GS insider earlier said at least three are going down including Celsius so I guess Coinbase is next.
Yellen supposedly fucked everyone.

>>49616480
5k EOY LETS GO

>>49616480
Whats a good wallet to hold bitcoin on? I keep my eth on Metamask where I assume as long as I dont leak my keys it will be safe. Whats like the best equivalent for Bitcoin? Right now its sitting in my coinbase wallet. Or do I need to get a hardwallet?

>>49616480
Imagine using exchanges

How the fuck are these exchanges so over leveraged when they made billions in fees for running a simple server farm with a dev and support team....

>>49618474
archive link pls sir

>>49619543
Theyre greedy jews that use their reserves (your crypto) as collateral to invest hoping you dont withdraw or the entire pyramid scheme collapses.

>>49619432
MetaMask is closed source fucking garbage. Anyone using MetaMask if a fucking moron.

>>49620562
ok so whats next nigger? hardware?

>>49618432
>In comments shared on Twitter, Coinbase CEO and founder Brian Armstrong said the exchange had “no risk of bankruptcy,” and that the disclosure was made due to new rules set by the U.S. Securities and Exchange Commission regarding public companies that hold crypto assets on behalf of others.

>>49619543
Wokeness and corporate practices. Look at how many staff Coinbase has. Why? Most are deadweight. Same is true for almost any major tech company in the US.

>>49618432
>your funds are safe at Coinbase
Funds are safu 2022

>>49616480
fuck these faggots, I got an offer to work for them and they took it away 2 weeks before I was to start

>>49620692
coinbase is actually anti-woke
actual tranny woke companies like google/twitter are making fun of coinbasers

>>49621020
>using tranny as an insult

Grow up

>>49619432
Cakewallet. Get your coins off of fucking Coinbase immediately.

>>49618432
>Big reason for the current sell off is the exchages
No it isn't.
Also this >>49620676
They had to add that because of new rules set by the U.S. Securities and Exchange Commission.
Where did he say anything about 15K? He didn't. Why does Coinbase go bankrupt if BTC hits 15K? This is some poorly thought out fud.

>>49621020

They did that because they had too many woke staff. CEO is somewhat based but they're still massively overstaffed.

>>49621126
YWNBW

>>49621126
Ywnbaw faggot

>>49616480
But is USDC safu?

>>49621174
USDC held on Coinbase has basically FDIC insurance like any other bank account. If you have USDC there just send it to your actual bank account.

>>49619432
Exodus works. I'm sure there are plenty more just as good for BTC.

>>49616480
An exchange is literally a money printer how the fuck do you go bankrupt when they literally make money on every trade?

>>49621367
The money eventually disappears and they take for granted future trades in their roadmap

>>49621143
>>49621223
Thanks boys I'll look into them
>>49620562
Blow me faggot, everyone uses Metamask. I could give less of a fuck if its closed source so long as they can't block me from exiting.

>>49620227
Whose this semen demon?

>>49621367
greed

>>49621562
idk its the only image

>>49618432
man just dont bother, let these retards lose everything.

>coinbase receives dollars in exchange for btc
>the price of btc has fallen relative to the dollar
>somehow this puts coinbase at risk of bankruptcy
???

>>49616480
Why do you think they propped up this shabbos exchange from the start?

>>49616480
>>49618432
More half truths made against Coinbase. L0L!

>>49616480
https://blog.coinbase.com/setting-the-record-straight-your-funds-are-safe-at-coinbase-and-always-will-be-f8cf2b588fd8

>>49622437
>>49622470
Isn't this exactly what every crypto project says shortly before it goes tits up?

>>49622519
lol, yeah. Celsius said the same thing nearly verbatim.

>>49622437
>6 billion

this is such low IQ fud
coinbase has VC funding in USD

Anyone have any news on Kraken or other crypto stock companies?

>>49616480
Bankrupt? Then fucking lock withdrawals and pause futures trading on every exchange. These right here keep liquidating the market more and more. Sounds more of a centralized approach but maybe a life saver IMO. Even with the gradual token unlocking period with RIDE it is dipping and I've packed as much as I can with GREEN and AZERO alongside.

>>49616480
seriously. are you a bunch of jeets hired by nano ledger shilling for them? i never seen so much ridiculous coinbase fud. literally the biggest crypto exchange in the U.S. yeah, sure they're going to file for bankruptcy and implying they can't borrow any money to keep them afloat. this is america, jeetfag. wisen up

>>49623475
are you targeting long-tail keywords for a pet website? I saw a pretty successful project of that type on a pretty quick timeframe recently and I'm tempted to try it myself

>>49623762
I mostly agree but if the debt market collapses at the same time crypto really tanks they could have a hard time securing a loan since everyone else would be going under at the same time

good, centralized exchanges are cancer

It's the great crypto crash. The GCC. They nuked the thread where I coined this term which means that's what they planned on calling it and I psychically tapped it. GFC 2.0 is GCC. It's biz fault and you know it.

>>49616480
> Only $900 to go.
> if BTC gets to 15k

current price 22k

First - source for that?
Second - you ser are retarded

>>49616480
BITCOOOOOONNNNEEECCTTTTT