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/biz/ - Business & Finance


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5358680 No.5358680 [Reply] [Original]

>litecoin founder liquidates all his coins
>coinbase investigated over insider trading
>coinbase illegally stops buying/selling
>the price of crypto has been over inflated for months and finally corrected itself

ITS ALL OVER BROS

>> No.5358718

>>5358680
Sauce?

>> No.5358757

>>5358680
>illegally stops buying/selling
>illegally
you don't know what that word means do you?

>> No.5358806

>>5358680
Explain yourself frogposter

>> No.5358815
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5358815

>>5358757
>>5358718
the stock market wouldnt be able to disable buying and selling for this. its illegal

>> No.5358830

coinbase can do whatever the fuck it wants.

>> No.5358854

>>5358815
>the stock market wouldnt be able to disable buying and selling for this
that's a regulated market
Coinbase isn't
didn't you know that

>> No.5358857
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5358857

>>5358806

>> No.5358869

>>5358815
this isnt the stock market you stupid fuck

>> No.5358888

>>5358815
you really are a newfag normie aren't you

>> No.5358890

>>5358815
trading is halted all the time

>> No.5358892
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5358892

>>5358806
>>5358718

>> No.5358896

>>5358815
Wtf are you talking about? NYSE definitely shuts down if there’s extreme trading

>> No.5358911

>>5358857
that's another thing entirely
check the date
not to mention I'm not even sure they can't insider trade all they want currently

>> No.5358922

>coinbase doing normies a favor by preventing them from panic selling

>> No.5358928
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5358928

>>5358892
>>5358857
>>5358815
if you cant see this is the end of bitcoin you are retarded. im laughing at all the bagholders staying with bitcoin until it goes down to 100 dollars a coin

>> No.5358947

>>5358922
i just had this thought too, normies are so fucking dumb

>>5358928
i hope to fuck it goes down 100 bucks a coin, i'm sold on that deal

>> No.5358949

>>5358892
yeah LTC is a scam
that's old news

>> No.5358956

>>5358680

Bitcoin will hit 1402 before the end of the year

Screenshot and check 'em faggots

>> No.5358961
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5358961

>>5358911
im saying all of these things combined are contributing to the crash and its going to keep crashing. the litecoin founder saw the crash coming and he got out

>> No.5359010

>>5358922
this

>> No.5359011

>>5358961
LTC founder was doing massive insider trading
he didn't see the crash, he accumulated enough money and wanted to get out before getting caught
he did

this crash as you call it is a correction after the ATH, you know like every other crash we had so far since 2010

>> No.5359067

>>5359011
whats to stop him from being prosecuted after the fact?

>> No.5359105

>>5358869
That's why crypto will never be a real thing

>> No.5359201

>>5358854
But muh decentralized revolution! Its so safe and fuck the government!

>> No.5359237

>>5359105
Think of the coins as online banks. Thats all it is. People who look to use them as investments are retards.

>> No.5359244

>>5358854
its about to become regulated.

>> No.5359254

>>5359067
the fact that he didn't commit a crime is a pretty good way to stop yourself from being prosecuted
NONE OF THIS IS REGULATED
how many times do we have to tell you for you to understand

>> No.5359298

>>5359244
Not regulated but taxed. Which makes them worse. You are better off going back to paypal now.

>> No.5359302

>>5359244
really?
why do you say that?

>> No.5359337

>>5358680
Bitcoin is dying...you absolute retards all cried about "wageslavery" for years and literally poured your life savings into an electronic form of wishful thinking, and what has it gotten you now? This entire time you could have been making steady money and investing in yourself by picking up actual skills at school you could use to make more, but you were content throwing your money down the wishing well instead.

Captcha: Gaymers Spaces

Too appropriate...

>> No.5359341
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5359341

All aboard the shitcoin train.

Choo choo.

>> No.5359365

>>5359302
i have insider knowledge

>> No.5359405

>>5359337
ya im sure that was your captcha u autist

>> No.5359412

>>5359337
You are right investing can be degenerate. Still crypto is but one of many investments one can make.

>> No.5359416
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5359416

>>5358815
>>5358857
>>5358892
MSM was a mistake

>> No.5359427

>>5359365
sure you do
you literally didn't know this was an unregulated market until 10m ago but you have insider knowledge

>> No.5359551

>>5359427
I have insider knowledge too

Insider vagina that is

>> No.5359591

>invest real money in imaginary magical computer money
>trust an unregulated website with said money
>shit the bed when said unregulated website has 'issues' and won't let you get your real money back
Such is the life of a cryptocurrency trader.

>> No.5359644

>>5359337
You wish this was true so badly don't you? You NEED bitcoin to crash to validate your wagecuck existence.

Too bad that was only bottom for another pump.

>> No.5359703

>>5359644
Yeah the true value of bitcoin is around 11k. However i feel the technology is outdated. Theres far better coin than the original.

>> No.5359823

>>5359703
this would only matter if anybody was going to use crypto for something instead of speculating

>> No.5359933

>>5359823
Soon the coins will be taxed so that will happen. If i gain 20% on penny trades then sell with a 20-25% capital gains tax. I make no profit.

>> No.5359982

>>5359591
This is Yobit in a nutshell

>> No.5359992

>>5359933
until the first arrests if there are any this won't affect the price
you're seriously overestimating how the dumb the money flowing in is

>> No.5360061

the fomo is creeping back on people, even the weak hands idiots who sold low
I think we're in for another correction tonight after a lot of dumb money flows in the market

>> No.5360106

why bitches don't just buy gold and silver? damn.

>> No.5360153

>>5360106
people probably prefer the chance of making a lot or losing a lot instead of slowly bleeding out all the money they invested over several years

>> No.5360190

>>5359992
Can you explain to me why so many are dumping money into this? Its gambling right? I remember the poker stars craze?

>> No.5360234

>>5359933
>If i gain 20% on penny trades then sell with a 20-25% capital gains tax. I make no profit.

You get taxed on the PROFIT you make, mongo. Not what you've invested.

>> No.5360258

>>5360190
because they just see an asset with 1000% year gains
and then the media shills it, and then the internet shills it and then coinbase lets you buy with just your CC

>> No.5360278

>>5358680
>crypto
>following laws
pick one.

Exchanges are just silk-road users with suits.

>> No.5360288

>>5358680
Trade volume across all 4 Coinbase coins is at 3X your average high volume day and you think this is FUD?

>> No.5360366

>>5358680
>coinbase illegally stops buying/selling
coinbase is not playing in a regulated market

>the price of crypto has been over inflated for months and finally corrected itself
that's literally just a market cycle

>litecoin founder liquidates all his coins
he influenced the price too much with dumb tweets

>> No.5360460

>>5360153
Except crypto isnt for speculation. The growth is only due to trapping people in a buying frenzie and stealing their money.
>>5360234
I see then thats not so bad.
>>5360258
Thanks.

>> No.5360518

lol it's not over until we're slaves in the beast system. they're not done with crypto yet.

>> No.5360523
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5360523

>> No.5360558

>>5359365
I have insider knowledge of your mum and sister.
Or rather my dick has

>> No.5360672

>>5360518
You think the banks are hoarding coins? You think people who get rich off coin are contacted by governments warning not to spend it? Yeah i believe thats the real world. Which is why you never hear about bitcoin trillionaire bankers buying football teams.

>> No.5360885

>>5360672
i have no idea if the bank is hoarding coins. or if people getting rich in btc are contacted by governments. i don't think they care if we make money or not on btc. they want power and control over us that's all. a cashless world currency tied into a social credit system on the blockchain is the ultimate control grid. it's obvious.

it's not about making money. it's just good vs evil. at the end of the day, these powerful people, many of them are evil. that's it. it's not about personal gain

>> No.5360979

>>5360558
real mature

>> No.5361019

>>5360885
I thought the blockchain was free from control. I dont get your fear.

>> No.5361108

>>5361019
well obviously it would be to lure you in

you're a good person, deception and manipulation don't come easy to me either. you'll figure it out when you start to see it happening, and it will.

>> No.5361815

>>5358680
The audacity of you fucking retards. You come here sharing tips and analysis of crypto, when it's just a roll of the fucking dice. You're like a sad old booze hound that thinks he's got a great method for winning the coin slots. You all think you're Jordan Belfort. If you weren't £1000 deep in crypto by 2014 you're a fucking victim. If you haven't already lost most of your money, you're going to at one point. Even the photos you post of your "14k portfolio", you're not kidding anyone. Spend 10k, up 4k one day, down 4k the next. This should not be a business and finance thread it should be a help thread for problem gamblers. You're fucking pathetic. You're lazy. You have nothing going in in life. That's why you choose crypto currency. You're all too lazy to invest in real business ventures. Take me for example, a real entrepreneur. I've been buying and selling cars since I was 17. It's paid my bills for 6 years. Just this morning I bought a "spares or repairs" listing for £150. Got it running after a quick reference of the hanes manual and an hour on YouTube. Same car, similar age and millage are selling for £4500 on autotrader. Night just sell it for £4000, for a quick sale. Even if I buy a car that is truly fucked, it still has scrap value, real physical value. What do you have? Nothing. Ive also put the deposit on a car that cost 3300 but will sell for 5000 easily. And all that took was 15 mins looking for a good deal. Last year I used only £8000 to buy my uncle a van and tolls for his landscaping business, for which I'm getting £1200 per month cash for zero effort. No sleepless nights. No spending hours each day following trends (100% pointless task) and now I'm looking to buy a small piece of low grade land for forestry operations. You idiots really have no idea about business or finance. I hope bitcoin crashes to 1k most of you fucking hang yourself. Worthless posers

>> No.5361872

>Trying to send all my LTC to Binance from Coinbase
>Sending... for 20+ minutes

Should I be worried?

>> No.5361886

>>5361815
dats some nice pasta

>> No.5361988

>>5358815
Google 'circuit breakers'.

>> No.5362304

>>5361815
Pasta's not spicy enough the flavor's a bit too bland