/biz/ - Business & Finance

>>52304273
No. Also Binance will be the final domino to fall in the next year.

>>52304273
Idk. I'm not part of his accounting team. Idk how he does things. He is the only person in crypto I trust though so whatever he does it's going to be bullish anyways.

>>52304273
He’ll probably cover any loan payments until the bullrun kicks off

>>52304273
no, Binance doesnt take on debt because cz isnt a total retard like most people in crypto

>>52304273
Pennies in the dollar

>>52304273
Depends on the size of the hole. If it's a manageable bailout then he can very quickly get the market back on a bullish footing, while also buying himself immense goodwill and the image as the benevolent king of crypto.
If he lets FTX flounder and die, it will be worse for his image and crypto will flounder for a while longer before people forget and move on, but he will probably save $6 billion.

>>52304282
LOOOL newfag. Name me one crypto exchange with better credibility. Coinbase? KEK

>>52304282
God I hope so, a new bisq/robosats era would kino.

>>52304273
lol no

>>52304300
they all have good credibility until they fail
how many examples do you morons need?

>>52304371
Listen, faggot. CZ is the only one that manages risks correctly and doesn't overleverage like a fucking simpleton.

>>52304300
real question, as a boomer investor, why shouldn't i buy coinbase stock, from a crypto perspective

>>52304392
they correctly manage risk?
binance was founded in 2017
that's not a track record, a goldfish in a bowl lives longer than that
and to the extent they've been around for 5 years, 4 of those years were the loosest monetary policy the world has ever seen
even if it wasn't run from the cayman islands by a chink, there are enough red flags here to give a bull analysis paralysis

do you really think it's a coincidence that many tokens/exchanges have gone under in a non-zero percent rate environment? this is just getting started and binance is not safe

>>52304508
What part of fundus are safu is so fucking comprehend retard?

>>52304420
I mean besides me hating the way coinbase does shit (kike fees and reporting you to the IRS even for small transactions), just look at their stock and compare it to bnb. It's ass. Down 93% from the ath compared to bnb's 50% despite never actually having a good rally. Simply put it has shit performance.

he gets a stadium, blockfolio, DC connections for cheap

>>52304558
This
>>52304508
And in the short time they've been alive they've shown nothing but promise. They've had the least kike shit with their exchanges and has a native token that has performed amazingly
>4 of those years were the loosest monetary policy the world has ever seen
Like what?

>>52304273
There's no way, anon. Anyway...

I am launching a CPU/GPU mineable (ASIC resistant) Bitcoin fork. We're thinking that a lot of former ETH miners will come to our network to collect block rewards with their GPUs over time.

We're launching in two weeks, so you still have time to learn more about the project.

DM the username in the photo (TG) for more details

> This is a Coin on its Own Chain, Not an ETH or BNB Chain Token
> Launching November 21st 2022
> Over 350 Telegram Members
> Multiple Crypto Influencers are Calling Us Out on Launch
> Influencers are From Both Twitter and Telegram
> Many 4chan Bros Are in the Group, and are Utilizing their Bizraeli Networks
> 4chan Soft Fork in Development (4chan fork with our native coin as payment method for adspace)
> Each Social Media Page is Up and Running
> See Our Specs for More Details, Mining Pool and Block Explorer are Live November 21st 2022
> Our Website Will be Online by November 14th 2022
> We Have a Small CEX Listing Underway 7 Day After Launch
> Airdrops are Negotiable, Please Discuss with the Admins or Owner for More Details

>>52304273
He will not miss the chance to become a legendary figure. You cant buy that shit with money in ordinary times.

>>52304273
Chinese BTFO Jews on this one

>>52304606
>Like what?
Goddamn cryptochildren are bad at classical economics and finance. Go do an opencourseware

>>52304273
He will use your funds.
Imagine using Binance.

>>52304606
>Like what?
(You) should refrain from posting.
>>52304371
most sensible reply in this thread

>>52304300
Imagine saying "newfag" unironically. CEX's come and go, there's no one "too big to fail".
>>52304273
Thinking this too desuu, now that he's buying FTX he'll have to pony up to pay debts.
>>52304298
I didn't come to the lawless land to be ruled by no king, CZ must fall. Binance must burn, I'm not touching that chink exchange ever again, he has blood on his hands (Jew rat blood but blood nonetheless).

Also buy my Binance official spooktacular NFT plox, wun unded Dalla xie xie na lí

>>52304273
Why is no one stating the obvious? CZ wants to bang Caroline. Yes sex.

You know how Musk almost committed fraud to brag about it to Grimes? It’s the same thing, CZ wants to pregante in Caroline to procreate the anticrist.

>>52304273
If he got ftx for free then he would

>>52305050
Binance won't fail simply because CZ isn't retarded woth money. Simple as, newfag

>>52304700
>>52304997
LMFAO instead of addressing the question, you just ignore it. Retards talking out of your ass.

>>52304273
>he thinks this deal will actually go through

>>52305158
Nice bait, "angel". Now pump my bags, those spooktacular NFTs are the last thing I have on your chink exchange.

>>52304700
>>52304997
I take back what I said. I misread that part. I read that in context of CZ, not the world. That's also retarded as FUCK logic though because going by this logic, other coins should have performed similarly and held similarly, but bnb has outperformed even THEM. For instance it's only down 50% vs btc's 75%

>>52304273
even if he has to spend $100m bailing out ftx users to get them as customers it probably wouldnt take that long to get an roi, thats why they are doing their dd, i bet they do it but FTT token and ftx as a brand are dead and never coming back, it will all just be integrated into binance

>>52304273
yes ftx going to 0, he will buy it for pennyes

>>52304558
>>52304606
>>52305158
>militantly defending chink
how much does he pay you?

>>52305633
I buy BNB and watch him grow my money. Simple as.

>>52304273
>buys FTX for $XXm
>crypto markets rally in response
>instant gains prob atleast 25% in a day and 50% within the month
EZ money for CZ

>>52304371
More than one?

The deal will never ever go through, he only did it to calm the market a bit