/biz/ - Business & Finance

>>54030987
all in on BTC and move to self custody

Usdt / DAI are depegging as well

>>54030987
Hbd on hive ecosystem

Hive.io

LUSD

>>54030987
sell it to me ill SLURP your bags bro...

>>54031032
BUT I NEED EASY ACCESS TO IT, I HAVE LITERALLY BEEN OFF RAMPING USDC TO FIAT FOR THE LAST YEAR TO PAY MY BILLS BECAUSE I QUIT MY JOB

>>54031034
I KNOW HOLY SHIT

ALSO: AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

Sell it into fiat.... oh wait

>>54031072
>BUT I NEED EASY ACCESS TO IT, I HAVE LITERALLY BEEN OFF RAMPING USDC TO FIAT FOR THE LAST YEAR TO PAY MY BILLS BECAUSE I QUIT MY JOB
start applying

Why would you have a significant amount of capital tied up in stablecoins? Are you fucking retarded?

>>54031207
Yes. It's all money I made with SHIB so overall I'd still be technically in the green but I was assuming I could live off this money for the foreseeable future and as such I do not currently have a job

>>54031304
>I could live off this money for the foreseeable future
>Live off of fiat
Dude, you're a fucking retard. This is just nature correcting itself. You were too dumb to have any money. Don't feel bad about it because you weren't supposed to have that money anyway.

>>54030987
$USDClassic

>>54030987
safest stable investment at this point is in education in fields that the us military deems highly valuable, like nuclear weapons research or other similarly specific fields of advanced weapons technology, such a radio communications, or structural engineering

the safest stable has always been actual money
glad to know you all are finally realizing this

You are retarded monkey nigger not being in BTC eth after the -70% drawdown.

>>54030987
Ah ha ha ha ha

>>54030987
Eth/btc

Please put me in the screencap.

>>54031640
This anon sounds like he knows what he’s talking about.
Which stonks represent those fields?

>>54030987
Hold Bitcoin

>>54031650
Are you insane?
You can't eat the paper, look at zimbabwe.

>>54031731
i do not know what i am talking about and those stocks are raytheon and lockheed martin ect

bitcoin maxis unironically winning

>>54030987
welp, I took a fucking wash changing all my USDC. Crazy to think I would've been better off keeping my entire portfolio in DBI, kek. Good luck to everyone else, here's hoping we do not wake up to a full financial catastrophe.

>>54030987
i got out a long time ago, well I had 70cents in doggo coins...... rip

>>54031899
yeah i'm glad for you anon.
This smoll loss is better. you're lucky to be aware of this, a lot of dudes might end up waking up to 0.
But desu i thought about it and usdc has a lot of cash reserves supposedly 1 : 1 so they should be able to repeg....

>>54030987
$MTR
pegged to the cost of electricity, instead of fiat. MTRG is the governance token and supply is only 40 million

>>54031899
What did you buy and how much?

>>54031032
I just did this. Converted my DAI to WBTC and USDC to BTCB. They should be okay I think.

>>54031945
Thanks anon. Yeah losing what I did in fees & price difference sucks, and circle is pretty legit so ideally their losses will be insured or something but I would not have been able to sleep at all tonight, and waking up to 0 tomorrow would mean I would have to sell my ass until I had enough to buy rope kek

>>54031034
>Usdt / DAI are depegging as well
Don't worry m8, I'll get that sorted

it's RAI

>>54030987
LOL

any crypto or pm valued in any central bank money is not safe....anymore

omg USDC is down 10% right now, very glad I got out when I did

>>54030987
Lol XRP

>>54030987
THERE AREN'T ANY YOU DUMB FUCK

>>54030987
BAHAHAHAHAAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! THIS IS WHERE THE FUN BEGINS YOU FOOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I hold chainlink. Its more stable than an USDC. 6 USD stable coin. Pegged to coffee and bigmacs.

I assure you every market will crash to 0. Crypto, USD, cad, gbp, all of it. Except yuan and ruble. Even if you cash out now it will be gone when your bank closes. Paper money won't work either

Sorry bros screenshot this. It won't be a recession or depression. It will be a total collapse. The Jews are not kicking the can down the road this time

I have all by funds in trust wallet USDC. What should I do? Honest question.

>>54033399

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>54033436
Nothing. USDC is backed by 80% US treasuries. Let the retards panic.

>>54033345
laimchink

>>54033476
anon, im not sure this is bullish

if collapse comes im ready for it, but i dont want it to.

>>54033510
Stablecoin sellers have nowhere to go but btc eth and their fav alts. We will go up by forceful buying.

>goes to bank to deposit Money
Bankrun
>goes to crypto to deposit money
>DEPEGRUN
where the fuck i am supposed to keep my reserved money ?

>>54033476
Yeah, it's my understanding that it wasn't a huge portion affected by SVB. It seems like it will rebound, so long as other crap doesn't happen. Just looking for reassurance. Is USDC being targeted by powerful competitors?

Stables were always a scam, crypto is 1 way in no ways out.

Buy bitcoin with your stables before it is no longer possible to do so.

>>54033570
>Is USDC being targeted by powerful competitors?
yes, who else would do this?

>>54030987
>SAFEST STABLE
Kinesis gold

>>54030987
If you lose it all just join the military and put the small amount you make into link

USD wins again

>>54033586
I thought it could have been simply panic from SVB. I guess not...I guess there us no sure bet. I guess I stay in USDC...

>>54033570
No just the fed monkey emotional fellas running out screaming. There is no systematic risk in blockchain. Keeping your money in BTC is safer than your bank. Relax enjoy the shitshow.

>MFW realized burgers think FTX was safer than Binance and USDC was safer than USDT bc ads told them so

>>54030987
do the math you idiot. you'll only lose 10% if you sell in the short term.
>10% of circle USDC cash locked in SIVB
>USDC down 10% to .90

>>54033880
>T.. this won't be like FTX, tt.. they have real assets

NO. It'll go down to $0. They were trying to make money through your money, and since their risk management team is bunch of faggots, they put their money into shitty JEWBANKS, instead of going with safer options. Now they'll pay. Every big institution sending USDC to them to claim those USDS. They are fucked.

lol binance halted trading of usdc/usdt

>>54030987
>WHAT IS THE SAFEST STABLE TO BE IN?
crv

>>54033540
bitcoin
ether
monero
even doge is better than usd at this point

>>54030987
>WHAT IS THE SAFEST STABLE TO BE IN?
XRP
0.37c stablecoin, soon to be a $2000 stablecoin in 2 weeks

>>54030987
I dunno, i had to convert all my stables to BTC, eth and Tezos, and moved them to the sylo wallet.
>>54031099
Not a good idea fren, inflation may eat it up

>>54031032
>USDC crashes 10%
>bitcoin will soon crash 50%

>>54031072
Chokepoint complete. We have regained control of the financial system, crypto is dead. Well done, Gary!

stabecoins aren't safe retard, we've been telling you this for years.

>>54031788
you can't eat stablecoin either

>>54031650
>actual money
And that is what? USD kept at a bank?

>>54031304
>but I was assuming I could live off this money for the foreseeable future and as such I do not currently have a job

it could never have worked. the economy cant really support people making lots of money by doing nothing and then living doing nothing.

>>54036127
>the economy cant really support people making lots of money by doing nothing and then living doing nothing
Let me know when Jews have to work, Boomer

>>54031789
I always trust a man who openly admits he doesn't know what he's talking about. Going all in rite nao!

>>54031945
>But desu i thought about it and usdc has a lot of cash reserves supposedly 1 : 1 so they should be able to repeg....

they dont any more, fuckwit.

>>54031072
Cash out into a real bank.

>>54033973
>. They are fucked.

they are fucked. everyone wants to cash out and will put up with a loss doing it now.

>>54036243
>Cash out into a real bank.
OK Boomer

>>54036286
>using a catchphrase popularized by an ugly spic chick with 10 pounds of makeup
zoom zoom

I go into BUSD and I can't even stake it in the UK as it is against regulation, fucking shit hole government doesn't want anyone to make money but themselves

>>54031640
Scary truth bomb

>>54036150
It works until it collapses and then the Jews scupper off to another host to drain them of their worth.

>>54031207
smarter than keeping your money in the bank

>>54033540
gold

>>54033476
might actually be a good buy for people who never bought any usdc before

>>54030987
HAHAHHAAHHAHAAH
YOU STUPID COINTARDS ARE GETTING YOUR JUST DESSERTS
your little fad is about to go kaput :)
the grown ups can hopefully return to the room (and this board) now

>decentrally pegged
>to USD which is centrally controlled by Powell

>>54033476
I wonder if they will use the treasury interest to cover the deficit? would only take a year or two

>>54030987
Cardano's Djed

>>54036127
>it could never have worked. the economy cant really support people making lots of money by doing nothing and then living doing nothing
kek

>>54036754
No it's equally retarded. USDC is literally an IOU from a bank. You could argue that it's worse.

>>54030987
>safest stable
Chainlink

>>54030987
Physical gold

>>54036788
This has always been 100% crypto board you absolute newfag

>>54031058
This. Can't believe more people haven't heard of it and don't use it.

>>54030987
unironically

>>54036096
So what the fuck do I do?

>>54039603
>just instantly trigger an audit goy

>>54041086
FOMO in, some lowcaps are still down 90%. Web3 and ID management projects are potential moon shots for the next bullrun.

>>54030987
get shook retard

>>54031072
Local credit union retard

omg my thread is still up! is anyone planning on buying cheap USDC in the hopes it'll repeg on Monday?