/biz/ - Business & Finance

[Anonymous No.3492743]

CRASH INCOMING SELL SELL SELL

https://twitter.com/SatoshiLite/status/908770364313935873

[Anonymous No.3492763]

>just in case they don't have full reserve
>just in case

[Anonymous No.3492772]

>>3492763

>Implying China has its shit together

[Anonymous No.3492790]

>>3492743
HAHAHAAA

Is USDT used in chink exchanges? Will we see the rumored Tether collapse?

[Anonymous No.3492806]

fuck this fudding chink

[Anonymous No.3492815]

>>3492743
fuck i hate this motherfucker

[Anonymous No.3492817]

>>3492743
holy shit if i was a chinaman i would have pulled out yesterday. why take the risk?

[Anonymous No.3492826]

this guy sure loves to spread FUD

and then later he acts all innocent like "lol I doubt my FUD actually effected anything. i'm just you know the creator of LTC and all."

[Anonymous No.3492828]

>>3492743
why is this fucking chink fudding all the time

[Anonymous No.3492832]

>>3492817
Never been to a casino? Chinks love to gamble

[Anonymous No.3492839]

>>3492828
He's on the insectoid communist party payroll.

[Anonymous No.3492841]

>>3492826
but he was right all the time

[Anonymous No.3492846]

>>3492790
I just checked and it's not thankfully

[Anonymous No.3492856]

>>3492790
No its not used in China

[Anonymous No.3492861]

>>3492743
RIP in pepperoni piss

[Anonymous No.3492865]

Fuck Charlie stfu and let people find out like Penny; The Hardway.

[Anonymous No.3492870]

>>3492790
>is USDT used in China
>USD
>China
fuck this board

[Anonymous No.3492874]

He is the biggest cuck of crypto.

I hope LTC drops under $10 by the end of this year

[Anonymous No.3492880]

>>3492743
I fucking love this guy

[Anonymous No.3492886]

everytime he fuds theres a huge red candle tho, so im selling my 100k

[Anonymous No.3492896]

How many English speaking people have their bitcoins in China? He should txt in Chinese, not English

[Anonymous No.3492912]

>>3492870
It's a fucking shitcoin that isn't actually backed by anything. (Kinda like its namesake) It would not surprise me to see chinks holding USDT to hedge against CNY.

[Anonymous No.3492932]

>>3492912
then the kike media fuds usdt
at this point im ready for any kind of fud

[Anonymous No.3492966]

>>3492932
the moment kike media takes notice of USDT the fucking US government will intervene and everyone's crypto investments will vanish into thin air

[Anonymous No.3493076]

Fuck China. We don't need them.

[Anonymous No.3493100]

>>3493025
>>3493025
>>3493025

[Anonymous No.3493138]

I dont like the guy but this is a good tip. Many exchanges get hacked, dont report it, and run fractional reserve scams.

[Anonymous No.3493186]

>>3492743
China is done with BTC, what else would they accomplish with regulating virtual money?

[Anonymous No.3493233]

>>3493186

Allows the upper echelons in chinkland to move money outside the country (look at Australia's property price bubble for instance)

[Anonymous No.3493318]

>>3492966
usdt isnt that big, it wont destroy crypto

[Anonymous No.3493417]

>>3492826
>being right is FUDding

[Anonymous No.3493447]

Please crash. I want some more pink wojacks.

[Anonymous No.3493475]

>>3493447

I have a ton of rare pinkwojaks ready when the time is right.

The time isn't right though.

[Anonymous No.3493489]

Was this post real?
Link doesn't work and would be easy to photoshop a tweet and post an invalid link claiming it once worked. Because if this is real my fiat is ready.

[Anonymous No.3493502]

>>3493489
it's just removed
I guess Charlie got a lot of life threats for this post

[Anonymous No.3493574]

>>3493502
Well got all my fiat ready for a weekend dip. Thank you chinks for all the money.

[Anonymous No.3494046]

>>3492743
Does binance count?

[Anonymous No.3494087]

6am korea time
5am china time

Is it going down or up?

[Anonymous No.3494105]

>>3492826
>facts are FUD

[Anonymous No.3494113]

[Anonymous No.3494118]

>>3494113

[Anonymous No.3494126]

>>3494113
>how to fud without fudding

[Anonymous No.3494136]

>>3494113
he must have insider's info as his brother is the owner of BTCC...

what a troll

[Anonymous No.3494138]

>>3494113
Is this guy missing a chromosome?

[Anonymous No.3494157]

>>3494087

I am from China, its getting difficult to get our money because everyone around is selling. Most people I know are going to sell tomorrow / day after. They just want their money back, even if it at a 50% loss. Expect BTC here to fall down to 1600 on usd levels tomorrow / day after. Many people are also trying to sign up for external exchange like Coinbase and see if they can sell higher there.

[Anonymous No.3494160]

>>3494126

[Anonymous No.3494179]

>>3494157
If you're Chinese, then how did you get past the Great Firewall of China? Nice LARP

[Anonymous No.3494212]

>>3494179
I use VPN

[Anonymous No.3494218]

>>3494138

Must be, this fucking clowns antics (especially this past week) makes you question buying his shit coin!

Fuck off Charles!!!

[Anonymous No.3494222]

>>3494212
I believe you. Seig China

[Anonymous No.3494235]

>>3494157
The letter from the Chinese government that was sent out to the exchanges said:

1. Before 20 September 6pm, exchanges shall come up with a detailed risk-free clearing plan, and send this plan to the office. Exchanges shall deal with their claims and liabilities properly, and insure that investors’ funds and virtual currencies are safe.

2. Before 20 September 6pm, exchanges shall determine a bank account, which will be used for depositing user funds. All other accounts in banks and other non-bank payment service providers shall be canceled and reported to the Business Management Department of People’s Bank of China.

3. Before 15 September midnight, exchanges shall publish closing announcements, and announce a schedule to stop the trading of all virtual currencies. New user registration shall be stopped immediately after the announcement.

4. Shareholders, controllers, executives, and core financial and technical staff of exchanges shall cooperate fully with authorities during the clearing, while staying in Beijing.

5. Exchanges shall report their developments daily to local authorities before the clearing is completed.

6. Exchanges shall save all user trading and holding data, and send it to local authorities immediately in DVDs.

The document is signed: The office of the Leading Group of Beijing Internet Financial Risks Remediation, Sept. 15, 2017

Number 6 spooks me the fuck out. The main reason for the insane growth these last 6 months is because BTC has become a legitimate asset to anonymously hide wealth in China. And the Chinese aren't like us Westerners. Hiding your assets from the government can almost be considered a sport in China.

Now that their names are being handed over to the authorities, I wonder what their next move will be. Keeping their yuan in BTC when the authorities knows about it, defeats the entire purpose.

[Anonymous No.3494256]

>>3494157

sorry to hear that
i hate profiting off the loss of someone else
which is part of the reason
why i didn't buy any when it went down to $205

if any chinese have relatives in korea/usa they should send their coins to them so they can cash them out

[Anonymous No.3494266]

no one cares about faggot chinks any more, today they proved they are completely irrelevant. bye bye slant eye faggots back to making iphones .

[Anonymous No.3494311]

I was trying to hit on a Chinese girl. She told me this was about to happen a couple of days before the first announcement. I didn't act though. Then she turned me down.

>Lost money
>No girl

How can I rectify my life?

[Anonymous No.3494344]

it's now about to surpass 3899..

if it does.. i guess its only going up

[Anonymous No.3494364]

>>3494235
>Exchanges shall deal with their claims and liabilities properly, and insure that investors’ funds and virtual currencies are safe.
Insure or ensure? Big difference between the two.

[Anonymous No.3494403]

>>3494364
Ensure

[Anonymous No.3494439]

>>3494311
Stay away from mainlanders mate. They don't operate on the same set of moral principals that we do. There are exceptions of course but tread very carefully.

[Anonymous No.3494638]

>>3494439
Definitely noticed a lot of state worship with her. Government has all the best interests, should own the South China Sea, and Taiwan loves and needs to be part of China. But damn, I'm just addicted to petite asian chicks

[Anonymous No.3494738]

>>3494113
Then STFU you stupid chink.

[Anonymous No.3494783]

>>3493447

[Anonymous No.3494784]

Does anyone even bother going to the url?

on top of that

>listening to charlie lee

Same dumb fuck who said he is putting his credibility on the line with his last "source" he trusted and then deletes the shit moments later.

Keep being retards though

[Anonymous No.3494812]

>>3494784
See
>>3494113

[Anonymous No.3494854]

>>3492743
>run on the crypto exchanges causes great depression 2.0

[Anonymous No.3495211]

>>3494812
I fucking wish I had screenshotted his tweet saying he is putting his credibility on the line with his source.

Someone has to have it and it needs to be posted everywhere

[Anonymous No.3495228]

>>3495211
?
he was fucking right though? are you an idiot? the exchange are literally shutting down this month

[Anonymous No.3495307]

>>3495228
Literally nothing is confirmed yet. It's all still rumors

[Anonymous No.3495335]

What are the odds of a flash crash like what happened in eth a while ago?

>reminder to place buy orders at 1, .50 and .11

[Anonymous No.3495340]

>>3494113
What a retard

[Anonymous No.3495361]

Litterally has been confirmed his brother owns large exchange dipshit it's a good source your just a stupid tard who doesn't read shit but biz

[Anonymous No.3495364]

I don't see any significant movements, its only creeping up.

[Anonymous No.3495380]

Charlie is always right
but bulltards don't want to know about the truth
they only want to know about good news

[Anonymous No.3495493]

>kek the leaked document

"3. Before 15 September midnight, exchanges shall publish closing announcements, and announce a schedule to stop the trading of all virtual currencies. New user registration shall be stopped immediately after the announcement."

> Sept 16th 7am in china.

[Anonymous No.3495516]

is the bank run over?

[Anonymous No.3495554]

fuck this guy - this is his opinion. "Just in case ..." this is mega FUD. Never buying LTC after this week

[Anonymous No.3495612]

>>3495307
It already crashed and recovered, it's old news.

[Anonymous No.3495637]

>>3494157
>Most people I know are going to sell tomorrow / day after
Lol, have most people you know been living under a rock for the past two weeks?

[Anonymous No.3495774]

>>3495637

China censors everything. They are not fortunate enough to have easy access to a Szechuan Spice Rack Enthusiast forum like the rest of us.

[Anonymous No.3495962]

Charlie Reeee lost his superpowers. He'll need some newer FUD to scare the market.

Btw, if you're not a fudder join us: discord.gg/tebwEwv