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/biz/ - Business & Finance


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54029871 No.54029871 [Reply] [Original]

USDC is fucking dead. Goybase trying to save itself HAHAHAHAHAHAHA

>> No.54029883

>>54029871
lol just sold my bitcoin and paid a fee to instantly cash out to my bank account thanks for playing goy

>> No.54029888

>>54029871
HOLY FUCK
IT'S ACTUALLY ABOUT TO GO DOWN
AAAAAAAH

>> No.54029903

I never understood the swapping into stable coins... it's still a taxable event. Just sell into USD and you won't have these retarded things happen to you.

>> No.54029908

>>54029871
Yep, Coinbase turned off the hose:

https://twitter.com/coinbase/status/1634399032767307776

>> No.54029933

>>54029871
can the blockchain not handle the amount of transactions? they should try to use visa instead. much superior technology for the transfer of assets

>> No.54029941

>>54029903
Usually was less fees on exchanges to convert it stable coins rather than dollars but not sure what it is recently

>> No.54029960

>>54029888
Trips of truth. It's fucking over KEK

>> No.54029993
File: 41 KB, 634x471, 1402159735427.jpg [View same] [iqdb] [saucenao] [google]
54029993

>>54029871
hahahahahahaah

>> No.54030025

>>54029871
HAHAHAHAHAHAHAHAHAHHAHAHAHAHAHA

*inhales*


AHAHAHAHAHAHAHAHAHA


HOLY FUCK GOYCOINS
PLAY STUPID GAMES WIN STUPID PRISES NORMIE GOYCOINS WERE ALWAYS A TRAP. FUCKED AROUND AND FOUND OUT!

>> No.54030169

Retard fag here
isn't this bullish for Tether and BUSD?

are my funds safu?

>> No.54030196

>>54029871
Why is Binance turning coinbase into the next FTX?

>> No.54030200
File: 48 KB, 591x691, R53yHbU.jpg [View same] [iqdb] [saucenao] [google]
54030200

lmao

>> No.54030209

>>54029871
People should just swap their USDC into USTC for that sweet 50x when USTC repegs due to all the liquidity flight from USDC pouring into USTC kek

>> No.54030241

>>54029903
They're for defi. Not point on a cex, but you can't hold USD on chain.

>> No.54030251

>>54030209

Why would anyone feel safe in stablecoins in general?

>> No.54030256

>>54029871
So they can't redeem their coins?

>> No.54030281

>>54030251
Because USTC is just as backed as these stable coins are (not at all apparently), USTC can't exactly crash any lower, there's outsized upside; so you can preserve your capital and potentially make a 50x as other people pour into USTC to shelter their funds from being rekt in USDC. Easy ~50x in a bear market seems like a pretty good deal if you ask me.

>> No.54030326
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54030326

>>54029871
Circle started playing commercials on Fox News a month ago, anyone paying attention already cashed out.

>> No.54030353
File: 102 KB, 1075x1192, cz.jpg [View same] [iqdb] [saucenao] [google]
54030353

>>54030196
does this look like the face of mercy?

>> No.54030482
File: 576 KB, 250x250, 4AA2454B-41D5-43DC-936C-212DF67EC463.gif [View same] [iqdb] [saucenao] [google]
54030482

>>54029871
You didn’t need that money until Monday anyway goy just enjoy your weekend

>> No.54030534

>>54029871
I'm not scared about crypto that much, I just wish I held BTC instead of shitcoins.

>> No.54030575

and you still won't buy Bitcoin

>> No.54030786

>>54029883
Haha retard Bitcoin is the only thing save next to Ethereum

>> No.54030826
File: 1.92 MB, 750x1334, 50DE23DF-307A-4EE9-812A-8CFDEB7C1038.png [View same] [iqdb] [saucenao] [google]
54030826

>>54030326
>https://www.weforum.org/organizations/circle-internet-financial
Only people left in usdc are the rats

>> No.54030845
File: 278 KB, 750x433, 6F8E96E5-936A-4EA8-86F0-F160945AB015.jpg [View same] [iqdb] [saucenao] [google]
54030845

>>54030786
>save

>> No.54030904

>>54030826
Im have a 3k loan in usdc since months kek
Dump it for all i care
>>54030845
Yes you retard

>> No.54030948

>>54030845
Tick tock next block
1 BTC is still 2 BTC last time i checked