/biz/ - Business & Finance

yeah?

>>52925618
Nigger

>>52925618
ok

insolvent bucketshop

>>52925618
literally nothing other than them being attacked by jews from all fronts, even regulatory since soon crypto exchanges will require a site of operations.

They are solvent if that was your question.

>>52925680
>They are solvent
Even CZ said otherwise

>>52925696
>omitting that he corrected himself
he's fudding himself, this fud campaign is actually destroying other exchanges revenue.
Either jews are empowering him, or he's fueling the fud.

binance is likely solvent from the sheer amount of gains they make from fees.

>>52925655
doubtful

>>52925680
Possibly

>>52925713
Highly likely!

He can possibly kill more of his competition and regulation usually just makes it close to impossible for new players to start up. ( A win for him )

So get a service that does not have the chops to audit to largest CEX in the world, provide as little information as possible, and the 3rd party audit company creates a story that is a FUD storm. That Binance can handle but will wipe his competitors. Then quietly the auditor withdraws the reporting.

sus vibes fr fr he kinda mid he deadass sus for sure no cap

>>52925618
what's going on?

>>52925618
CZ's hairline is painting a bearish retracement.

>>52925618
shut the fuck UP!!!

>>52926341
Just Skavens being butthurt and running a FUD campaign to avenge their Goblin vegan boy

>>52925696

Never trust a Chinese

>>52925618
talk about nothing?

>>52925618
yeah man lets talk.

we arent allowed to talk about how bad chinese are here or the chinks swarm us calling us jew defending SBF lovers. really crazy how hard binance has biz camped out really. kind of eye opening how the chinks operate: always push division always call people jews

Binance will collapse

>>52926924
You're right, keep giving your money to trustworthy american jews, yagmi.

>>52925618
Well they got an audit which turned out not to be an audit and the accounting firm threw acid all over it and removed it from their website in the hopes they're not going to end up in jail or paying out billions when the shit hits. So there's that I suppose.

>>52925618
It's really very simple. If the Elites want Binance gone, then Binance will be gone. All you have to do is make sure you own a Ledger and don't store your money there.

>>52925618

Sure. What's going on with Binance? Oh nothing? Oh you're a seething kike? Cool. Glad we had this talk - it was very enlightening.

>>52927069
2 MORE WEEKS

>>52927150
the elites, lost money to ftx. Im not sure if should trust ur statement

>>52925618
you can hate binance and this cz retard all you want but i doubt it's insolvent and im pretty sure this chink saved us from another 2-3 years of sam the jew fried stealing another 10-15 billion and then dumping 30-40 billion.

Will the globohomos just hurry up and dump this nigger so we can bottom out?

How come you rarely see the bald faggot from Coinbase in trouble?

He's a kike ain't he?

>>52927688
>Armstrong
>kike
I don't think so.

HOLY SHIT BOMB SHELL

CZ ADMITTED TO NOT HOLDING FUNDS 1:1. HE ADMITTED TO CONVERTING USER USDC TO BUSD WITHOUT CONSENT. HE ADMITTED THIS CAUSED A WITHDRAWAL ISSUE.

you do realize when cz says he's solvent he doesn't mean strictly speaking its the same terms as SBF was using. he THINKS his liabilities are lower than his assets but not that he holds them 1:1.

>>52927705
damn you Bobos are desperate haha. Keep the desperate posting up, maybe we'll start to believe you again.

>>52927705
>retard doesn't understand Binance being noncustodial when it comes to USD is a good thing

damn you kike fudders are stupid.

>>52925637
Interesting point

>>52927782
you are the stupid one. read very carefully anon. IF YOU DEPOSIT USDC, BINANCE ADMITTED TO FORCING CONVERSIONS ON ALL OF IT INTO BUSD.

>>52927831
I watched the interview dumbass, I know what he said. BUSD is SAFU and not controlled by Binance, eat shit. kek

>>52927843
>safe
isn't the point. the point is I deposited usdc and I cant withdraw it because binance doesn't hold the assets their customers deposit. it's called comingling

>>52927865
>it's called comingling
lol not it's not, if they were holding it then that would be comingling, they have to wait on an independent Bank to handle the transactions and that's why the withdrawals were stopped, because banks don't operate 24/7. Stupid kike.

>>52927865
I think it would be helpful if you explain the advantages and disadvantages.

With his system, the counterparty risk for binance moves from the stablecoin issuer to the bank I guess.
Also when the bank is down like what happened recently, withdrawals are frozen.

>>52927705
How is a 4chan reply prood

>>52927865
Post nose

test

>>52927887
TO CONVERT BACK TO USDC meaning they dont hold it. how stupid can you be
>>52927888
complete lies. AGAIN HE WAITED FOR THE BANK TO OPEN SO HE COULD CONVERT BACK FROM BUSD TO USDC, so he doesnt hold the usdc you deposited
>>52927931
post slanty eyes chink

Bizonacci let us know.

https://youtu.be/DelF6zEHXpE

>>52927957
>meaning they dont hold it.
yeah and that's a good thing, how many times do I have to tell you that, you dumb kike? Do you know that in the traditional world the custodian and the exchange are always different? I'm starting to think you're not a kike but just a dumb Bobo, close your shorts retard.

>>52928059
you've changed what I said 3 times now into what you want me to say. I'll repeat again for any honest readers. if you deposit usdc, binance comingles that into their busd fund, despite differences in rates, etc. which coinbase and other exchanges don't do. its shady. I am not saying busd is owned by binance but theres certainly a VERY FRIENDLY relationship there and extremely suspicious they FORCE customers to hold busd instead of usdc until they withdraw when binance converts back. to be 1:1, it doesnt mean you can COVER all deposits, it means YOU HOLD all deposits. this chink is just as slippery as the jew from ftx, and you clearly work for him.

>>52928260
nobody cares faggot, Funds are SAFU

rip having to sell at this time due to financial reasons, but withdrawals have been instant, looking fine

>>52929942
pic didn't attach

>>52925618
Isn't it somewhat funny that OP himself doesn't reply to anyone, after asking a question in a thread that many reply to.
It's not binance thats sus. It's OP.
Clearly organised fud that's being consistently pushed by a group.

>>52925618
LOL which handsign is this

>>52927069

>audit form says sure
>audit firm realises auditing a crypto exchange is really difficult due to defi, investments, cold storage wallets, proving tue wallets belong to them.
>audit firm cant be bothered to create a new model and do it all properly and put its name to it

>people freak out and think binance is insolvent.

>>52930090
holy shit imagine being this dense of a simp. coinbase has an auditor; why won't they work for binance also? oh I know because binance feeds fake documents and expects an attestation
>>52928280
cope

That one inbred bagel is going all out

>>52930109
coinbase doesn't do futures

>>52930114
>my heckin futurarinos are why its not frickin possible

>>52927068
Chinks are the new kikes.

>>52926924
Don't shop at Wal-Mart then

binance is insolvent

>>52925696
It will be a hilarious 6d play if they evaded their own audit to sow fud and then they get brought up on criminal charges only for it to be shown that they passed audit. The ultimate financial troll move.

>>52931072
The US government is insolvent.

>>52929942
>>52929951
Me two, I withdraw few days ago and it took less than 5 minutes even though I get the to error pop out. Not sure what happen, but just to be safe I withdraw until the fuds get destroy.

>>52930090
Are you stupid? Auditors can and do audit anything. Thinking crypto is some mysterious magic money thing only CZ or SBF could possibly understand is the height of arrogance or stupidity. Mazars didn't audit the business because they weren't contracted to do an audit. It was stated very clearly on page one it was NOT a full audit. They reconciled figures given to them by CZ and nothing more. Expect Binance and CZ to get sued for misrepresenting their report.
If you think magic internet money is hard to audit or forensically account you've got a massive shock in store when the liquidators show you where every penny was spent and how the fraud worked at FTX.

>>52931712
The US government has guns. Lots and lots of guns. They're not insolvent as long as they've got the most weapons.

>>52932113
i dont think thats how it works

>>52932113
The military is actually in lots of trouble because boomers are realizing the zogbot meme and telling their kids not to join. Its going to be a lot worse in 2023 and if big joe rigs again in 2024, expect 50 percent of military positions to be filled

>>52926924
>Never trust a Chinese
I learnt this over the last 15 years of mining investment.

>>52927058
The jew cries out in pain as the white man believes the chink over him

>>52930448
Not untill the kikes are gone.

>>52925618
Kike fud doesn't seem to be working huh? Mad as fuck oven-dodgers crying about their fraudulent FTX being obliterated and trying to take binance with them - that is all it is, that and broke bobo niggers desperately trying to cause even more carnage so they can buy in lower. Binance has already survived a liquidity crunch likely much bigger than the paper-tiger that was FTX and will live on while Sam gets raped in jail repeatedly for the next few years.

>>52925713
>>52926773
>>52931701
holy fuck the cope.
>h-he was trolling, cz is legit, trust me bro.

>1pbtid
sage

>>52929996
similar to a saint.

Does this photo make you angry? I LOVE CHRIST. I know you Jews hate that.

>>52932161
No it's not, but it is.