/biz/ - Business & Finance

>>52470063
? I literally just withdrew 30 mins ago
You didnt fall for the Genesis Earn scam did you?

>>52470100
Nigger I was withdrawing this morning too I was doing it in sequences instead of one giant withdraw, got sucked into a wagecuck call and when I come back this is what I get. FUUUUUUUUCKKKKK

>>52470063
>5k WORTH OR SHIT
crypto tokens are worthless ponzi scams, so fuck'em
>maintenance in progress

Oh shit I just tried accessing the app and got the same message, now I got signed out

What the FUCK now it's saying my password is wrong when it's literally saved, AHHHHHHHHHHH MY WITHDRAWAL FROM THIS MORNING NO NO NO

A fool and his money

>>52470195
THIS SAME THING HAPPENED TO ME NONONONO MOOOMMMMYYYYYY MY MONEY ISNT GONE RIGHT!?!?!???? ITS GOING TO BE OK RIGHT!?!???? THAT WAS PART OF MY KIDS COLLEGE FUND

>>52470063
bravebros....

>>52470195
>>52470242
uh oh

>Identified - We experienced an Amazon Web Services EBS outage with one of our primary databases. We have the database restored and are bringing the exchange back up.
Nov 16, 2022 - 12:03 EST

calm down retards

>>52470281
NIGGER DO YOU EXPECT ME TO BELIEVE THAT!?!???? DO YOU KNOW WHAT MY WIFE IS GOING TO DO IF SHE FINDS OUT I LOST HALF OUR KID’S COLLEGE FUND??!?????

HAHAHAHA bybit remains. transparency is king baby.

>>52470242
>college fund
You were gonna get scammed regardless

>>52470317
nigger are you new?
this shit happened several times before

>>52470281
You forgot
>Gemini Earn Deposits are currently unavailable. There are expected delays for in-progress Redemptions.

>lender Genesis Global Capital has paused withdrawals and loan applications following the collapse of FTX

>Genesis serves as the lending partner of Gemini Earn, and since Genesis can no longer honor withdrawals, neither can Gemini.

>>52470317
i think you should self-custody

it's subtle how they use a satellite to imply that it's out of their hands, like a degraded TV or GPS signal. 'Be awed it works from SPACE, peasant'
As if 99.99% of traffic isn't through redundant undersea cables.

>>52470369
I only hold usd, so don't care

why am i logged out?

>>52470317
LOL

A lot of CEX's lending goes through Genesis. That means if you put your crypto up to receive APY in an exposed CEX, they gave your crypto to Genesis, which then proceeded to lend out your crypto to someone else, usually crypto funds or tradfi institutions. That is how you got an APY on your crypto. With Genesis being bust, the crypto they owe CEX's is gone, meaning your crypto is gone. If DCG does not find investors quickly to fill the hole in Genesis' balance sheet, this is going to be a lot worse than FTX going down.

If rumors are true, Gemini had a lot of exposure to Genesis

already back up and running

if anything, gemini would be the last exchange to shut down

>>52470861
No, that would be Coinmetro. Gemini is a scam

>>52471226
get FUKT scammer

>>52470317
lol lmao

>>52470063
>closed my gemini account two days ago
lmao bye

>>52470317
>I LOST HALF OUR KID’S COLLEGE FUND
.. only half? you can still double down in more riskier investment

>>52471226
Gemini is one of the best exchanges out there.

>>52471926
>muh twinklebros
another one bites the dust
withdraw or stay permacucked

>>52470063
ohnononononono

>>52470148
Kys your metals and stocks trade like ponzis too, but newfags don't know how markets move or what gives them value

>>52472122
this likely just impacts the "earn" program where you sign off rights to your crypto anyways when you enter the program.

>>52470861
Thank god I can’t believe incels on here laugh about someone losing their kids college money this place is pathetic

>>52472274
>gamble with kids college money
>lose
>this is someone elses problem, somehow

>>52470063
I got $1,500 on there and it’s not coming off. Never used their genesis bullshit

>>52472211
>>52472211
>program where you sign off rights to your crypto anyways when you enter the program.
future of financing right here boys

>>52470317
kek

>>52472156
There's a difference: stocks have an actual worth, as they to some degree represent actual production, there's just a lot of bullshit built on top of it. Crypto has a foundation of NOTHING.

>>52474454
Seethe more, boomer. Nocoiner.

Elon Musk is my leader.

>>52474471
>boomer
>Nocoiner
Correct. I also SODL all my stocks in 2020 because I had zero trust in the market. Now I'm sitting here, liquid as all hell, waiting for the real bottom.

>>52472478
anyone yield farming or entering "earn" is a fucking retard anyways and deserves everything they get. you're literally signing up for meaningless apy to lend people your crypto to short.

>>52470317
>falling for the marriage meme
>gambling with your child's future
lmao you fucking deserve it

>>52470317

>>52470063
>>52470133
AWS outage you braindead retard.

>>52470063
>>52470063
Insidier here its defintely not no AWS outrage its an exit scam for real getyour munny out