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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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54004221 No.54004221 [Reply] [Original]

>So you're saying the music stopped?

>> No.54004241

>>54004221
funds are safu?

>> No.54004247
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54004247

>>54004221
this is just the beginning

>> No.54004257

>crypto bank
are we now making stuff up?

>> No.54004271

>bank
OH FUCK
>crypto bank
lmao who cares about this literal nothingburger

>> No.54004273

>>54004247
not for you, since you have 0 puts for any asset what so ever

>> No.54004279

>>54004221
There's no such thing as a bank run anymore. Fractional reserve banking means banks won't run out of cash even if every man and his dog turns up trying to empty an account. Peter Thiel is acting on an impending deflationary crisis. The money printers are about to be reactivated boys.

>> No.54004284

>>54004257
He's referring to Silvergate you moron. Both SVB and Silvergate are dead.

>> No.54004327

>>54004279
>Fractional reserve banking means banks won't run out of cash
That's not how it works
It won't run out of money to lend but is can run out of money from depositors.
Banks can't lend mine to themselves.

>> No.54004349

>>54004221
Crypto has been effectively debanked. The only question now is whether it will be a fast crash of a slow bleed.

>> No.54004350

>>54004257
everything it takes in order to put crypto in a bad spotlight

>> No.54004351

>>54004271
more tech than crypto, but the air is coming out of this bubble very fast if you zoom out. this little btc reprieve was very fake and gay, get ready to go under 10k this summer.

>> No.54004379

>>54004284
re-read the literal who's tweet

>> No.54004394

>>54004351
>get ready to go under 10k this summer.
End of month at this rate.;

>> No.54004405

>>54004349
>Crypto has been effectively debanked
what you just said not only makes no sense in the technical sense, since a good part of projects are alternatives to the traditional banking system and disconnected from it
but if you are referring to CEXes, not only you're lying but CEXes are not crypto
apologize now for your shitpost or your mother dies in her sleep tonight

>> No.54004406

>>54004327
Bail-in time

>> No.54004425

>>54004351
>>54004394
post your short size and liquidation price

>> No.54004429

>>54004405
Right, you can trade you chucke cheese tokens on DeFi. Then what?

You going to pay your taxes, bills, mortgages, food with USDC? Lol, lmao even.

>> No.54004435

>>54004425
I don't leverage trade, I'm not a faggot.

>> No.54004572

>>54004425
i fully exited my position in 2021 at an average price of 48k

>> No.54005881

>>54004572
maybe you'll be able to buy back in