/biz/ - Business & Finance

>>53245327
Crypto bros...I don't feel so good...

>>53245327
fuk

>>53245327
Fake pump then

>>53245327
Is this what we've been waiting for, bobros?

that doesn’t sound good

>>53245327
finally salvation for my underwater short

>>53245499
Checked and hopefully yes

>>53245327
bullish for a certain coin

>>53245499
Like FTX how do you get your money out? Something should not be touched with a 50 foot long butt wipe!

>>53245327
should I move my btc to a stablecoin?

>>53245327
Gemini going the way of the FTX is a net positive really.
The budget bogdanoffs suck ass. I'm glad Zuckerberg stole facebook from them.

>>53245565
OTC or P2P. You find people who want to exchange fiat for crypto and vice versa. Always on and off ramped that way. Used Alameda OTC to cash out many times in 2021 kek

>>53245584
There's nothing positive about this. Both those entities are already wobbling from the contagion.
Gensler knows exactly what he's doing, doing this now.

"The Securities and Exchange Commission on Thursday charged crypto firms Genesis and Gemini with allegedly selling unregistered securities in connection with a high-yield product offered to depositors.

Gemini, a crypto exchange, and Genesis, a crypto lender, partnered in February 2021 on a Gemini product called Earn, which touted yields of up to 8% for customers.

According to the SEC, Genesis loaned Gemini users’ crypto and sent a portion of the profits back to Gemini, which then deducted an agent fee, sometimes over 4%, and returned the remaining profit to its users. Genesis should have registered that product as a securities offering, SEC officials said."

>>53245327
That explains the last 5 days fake pump.

>>53245657
how?

>>53245682
It doesn't. Bobos are coping hard.

>>53245327
>Crypto now all of a sudden treated as securities instead of assets.
>Every exchange from here to the moon going to be investigated if they even so much as had one bitcoin transaction pass through a US-based IP address.

This is the beginning of the end.

>>53245364
>>53245422
>>53245524
>>53245629
>>53245709
>t. corporate bootlickers with stockholm syndrome

>>53245709
Holy shit amerifart flew over muh hose!

>>53245327
Daily reminder that ETH and every shitcoin that followed it is an unregistered security.

I really don't care about all those retarded crypto staking/lending/holding/investment/whatever corporations and I hope they all burn. We don't need any of that shit.

>>53245327
Not my problem

RIP shitcoiners

>>53245752
Bullshit. You had your unregulated market and opportunities for insane gains.
Then you all got scammed like Boomers because you're dumb.
Now a bunch of the victims want the government to step in and it is with relish.
You dumbfucks are why we can't have nice things.

>>53245823
Based.
BTC Supremacists, we made it. The shitcoiner genocide is upon us.

it's not looking good for sergey's cash cow. but half a billion should be enough for him, maybe he can get his teeth fixed as well

>>53245653
Literal nothing burger. Gary saved Coinbase from offering a similar product, is killing all their competition, will be forced to resign by EOY, and $COIN will pump to 450 over the next 3 years.

>>53245829
Nonsensical post.

>>53245803
thanks for the reminder fren

>>53246018
seethe kiddo
its over

>>53245327
>>53245364
>>53245422
>>53245524
>>53245540
??????
This is actually bullish retards

>>53246293
For Bitcoin I mean

Magic internet tokens

>>53245584
If you actually put your bitcoins in a literal who trust like grayscale, you deserve to get the rope

as in brinks home security?

So Mr Gensler, which offerings on our platform are securities
>All of them
Can you be specific and point out a single one?
>Any of them

You faggots better hope Ripple wins the case vs the SEC.

>>53246308
Bitcoin is worthless if you can't have CEX without going to prison.

>>53246401
Unfortunately for the SEC, that's not how it works. They have to come after each token individually, hence XRP, LBRY, Dragonchain. All of this is ultimately going to the Supreme Court unless Congress acts.

>>53246018

>>53246450
But that's how they have been operating; in their view, everything is a security until proven otherwise. They are power hungry.
I agree it has to go to to the supreme court/congress. The problem with that right now is the Biden white house specifically wants regulation by enforcement and not legislation.
I don't think we'll get meaningful legislation on crypto until 2024 at the earliest. Thinking 2027 for a supreme court ruling but I'd be happy if it was sooner.

Had 3k on gemini earn for about a year before pulling out a few months back due to the apr dropping below 1%
feels good to get out before the destruction for once

>>53245803
Gaaaaaaaaarrrryyyyyyyyyyyy, heeeeelllp to hold my baaaaaaags, gaaaaaaaaarryyyyyyyy!

Bottom is not in until a few exchanges go under

>>53245327
Won't this shit take years to resolve?

>>53248118
Judging by XRP, at least 5 years if not more. The switch in focus probably indicates that Ripple is about to settle/win/lose so it wouldn't hurt to have a 1k suicide stack of XRP on hand just in case.

5 years later after litigation pay 1millon dollar fine and say 5 hail marys simple as

Bullish for XRP

>>53246527
>But that's how they have been operating; in their view, everything is a security until proven otherwise.
This, just listen to any relatively recent statement from Gary.

no one here is gay enough to use gemini just like no one was gay enough to use FTX, and i tell ya this board would make freddie mercury look straight

>>53251336
Just look at the two in
>>53247092
It's really easy to distrust them.
Trust your gut. Phrenology is more accurate than any mainstream source would care to admit; people aren't equal inside or outside, but sometimes inner failures are expressed through physical appearance as well.

>>53245573
quite the contrary

>>53245327
why does a security need to be (((registered))) to begin with? how much longer will the peasants tolerate this tyranny before rebelling?

>>53245803
unbelievably Hot if you turn the lights off so you can see her dark skin, then just fuck her all night until the sun comes up - be sure to leave before the sun comes up.

fugg yeah bitcoin
B I T C O I N

>>53245327
The coming Bull is just as inevitable as the last bear market. I haven't come to a conclusion yet but if SEC fud starts losing its effect its a good sign it's starting. Definitely the end of the bear at least.

>>53245551
https://www.youtube.com/watch?v=MNf97XgBdTc

>>53252798

It's been weakening.

Chainlink is next on his list. Schmidt tried to warn Sergey that he was on the SEC's list an Smartcon

>>53251134
It’s not. At all.

>>53245327
already priced in when Earn program ran out of money

then why are we pumping?

>>53255123
it always pumps 5% before dumping 50%

>>53245364
Nothing is going to happen. Kek. All a ploy to fucking drive weak hands out of the market. Think about it, if crypto was to be in trouble, why would TradFi be attempting to enter DeFi. Refer to Harmony One's hackathon to bridge the two, or Allianceblock's presence in the OpenWealth Association with top Swiss Banks.