/biz/ - Business & Finance

>>9583477
because pump n dump faggots are selling off. just hold through the summer and watch your 10x come in

This is when you know crypto is dead, no one cares about a Coinbase coin

because everyone is taking profit.

>>9583477
Because Paradex will not be using ZRX at all. https://twitter.com/CNBCFastMoney/status/999404359409700866

>>9583502
Yea it's not like Coinbase owns the exchange now and can do whatever they want. Why would they ever want to control the token governance of the relay powering the exchange?

>>9583502
Paradex will probably switch to ZRX for fees you retardo

>>9583502
>being this retarded

>>9583515
>>9583543
>>9583548
Watch the clip. Coinbase official says Paradex WILL NOT be a decentralized exchange. It will be a bulletin board per SEC classification.

>>9583565
What's a bulletin board?

>>9583599
It's something that won't use ZRX.

>>9583565
FOR US RESIDENTS.

>>9583565
For US traders only. Basically we'll have to pay more to buy the non-US traders bags but it will still all run through the ZRX protocol.

>>9583606
In the US right. But not for Europe?

>>9583611
This and also he said in the future that may change. The 'bulletin board' is a loophole they're exploiting to get things up and running faster.

>>9583565
>still being this retarded
"We bought paradex which is the leading relay in the world and this will allow you to trade literally hundreds and hundreds of tokens from your own wallet and we're actually going to make that compliant with the U.S rules so day 1 it will be available to our international clients to trade and then as soon as we can we're going to turn it on in the U.S where our U.S customers can trade all these tokens they want"

What do you think zrx does and why do you think coinbase would have to operate it decentralized for it to work still?

>>9583611
>https://twitter.com/CNBCFastMoney/status/999404359409700866
>>9583618
>>9583624
>>9583626
He also said it will be "slightly" different outside. Bulletin board in the US and DEX for other countries doesn't seem "slight" to me.

HAHHAHAHHA

>correction happens on the first leg up
>MASSIVE biz FUD begins

Holy fuck am I comfy af holding ZRX right now

>>9583565
Are you fucking deaf?
>compliant with US rules
>day 1 international trading of all tokens
>soon as possible, US can trade all tokens
>most tokens on paradex will be offered to the US

they use the word bulletin board so they can cover their asses.

Pumped and dumped. Anyone with a brain knows this brings no value to zrx.

>"We bought paradex which is the leading relay in the world and this will allow you to trade literally hundreds and hundreds of tokens from your own wallet and we're actually going to make that compliant with the U.S rules so day 1 it will be available to our international clients to trade and then as soon as we can we're going to turn it on in the U.S where our U.S customers can trade all these tokens they want"
word for word besides some um's and it describes exactly what zrx does.

>tfw we're going to make it

>>9583651
>US it will be called a bulletin board
>"the sec sees exchanges one way, and bulletin boards another"

I swear some of you retards cant read between the lines.

>>9583664
>Anyone with a brain knows this brings no value to zrx.

>>9583664
>buys 0x relay that will facilitate trades of any token in your wallet
>brings no value to zrx

>>9583696
Since when is a DEX, which he specifically claimed Paradex isn't, a "slight" difference to a bulletin board?

>>9583728
what is normiespeak for offchain orderbook

>>9583747
Do you really think Coinbase will hoard a token marketed to be used for decentralized exchanges, which the Coinbase official specifically stated Paradex isn't? That's begging for an SEC investigation.

>>9583780
coinbase is registering with the sec and checks with them before they make any majors moves like additions and expansion. They suck the sec's cock on a daily basis to make sure they don't get it up the ass

>>9583780
this you can be sure of, coinbase will want to hoard zrx to have a good amount of influence on governance.

>>9583817
so this implies they already accumulated... are they hoarding for governance or to sell on coinbase to cover paradex fees

>>9583863

All i know is that the last few weeks I've seen huge buy walls go up. That coupled with the fact that it's not pajeet tier dumping right now makes me believe they are holding out for something bigger. Get ready for the classic biz FUD from those that missed out

you will be able to stake zrx and more. i work for coinbase

>>9583970
Cool. So $10 is good to go?

>>9583477
Cause you are supposed to sell when the news hits at a high price. Not be one of the people who fomos in. It's going back down now. The time to buy was a few days ago.

i can't comment on the price for legal reasons

>>9583990

normies love low cost coins. So we could expect momentum to push it a bit higher

>>9583780
Good point, but yes 100% it makes sense that they would want some say in governance thus hoard some zrx.. Coinbase isn't stupid which is also why they're straying from calling it a dex in the US.
As P&G once said about Pringles when trying to dodge taxes "Pringles aren't "potato chips" because they contain "non-potato flavors," are less than 50 percent potato, and have "a shape not found in nature.""
ergo, it's not a dex it's an otcbb / bulletin board which actually makes sense.

>>9583652
Fellow ICO brother?

Comfy. A. F.

Wish I had had the foresight to grab gigantic 250k bags, but alas, I'll settle for 100k ZRX.

>>9583477
>the price isn't based on ta, it's based on the news!

get rekt faggots. great news during a strong downtrend isn't going to save you.

>>9584424
Someone's salty they're not holding ZRX.

>>9584003
18 area is the new price. Will go higher from here

>>9584447
I sold ~19k a week ago. I don't marry my coins.

>>9584461
*around 19k sats

>>9584472
Saltdog for sure

>>9584461
Thought you were a no-coiner, not an accumulator.

ZRX has been great for this.

>>9584483
I'm a degenerate swing trader.

>>9584493
sounds about right.
I was going to buy in more zrx this morning pre pump but I drank coffee and missed the boat.

>piece of shit
>crashing
>complaining

You got the answer

>>9583599
https://www.sec.gov/fast-answers/answersotcbbhtm.html

>>9584577
You have ur chance now....it fell again

>>9584014
I work for Coinbase as well, everyone here is super hyped about the future of dex's.

Jim Armstrong talks about them non-stop, the other day he was in the elevator on the phone and when he finished the call he said, "Thanks Will."

I can only assume he was talking to Will Warren, the founder and co-create of 0x Protocol. Deals are being made anons. I will let you guys no more soon.

Trust Me.

>>9583565
They're just calling it something different to the SEC off their back.

>>9583477

wow another scam coin crashing wow how could this happen haha buy link guys haha