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/biz/ - Business & Finance

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3994034 No.3994034 [Reply] [Original]

Why is this pumping? Can anyone explain?

>> No.3994042

Everything is. That's why

>> No.3994089

>>3994034
Just some fags exploiting an unregulated industry, don't worry they'll serve time once the laws come in

>> No.3994129

>>3994089
You sure you want that? You see the pumps and dumps so you can survive them and profit form them. Also the law comes in you are going to be accounting for every trade, and when you cash out might be taxed at ordinary income rates.

>> No.3994136
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3994136

>>3994089
Watch them make up reasons why they won't; they wont be able to afford the legal battle if the have a net worth less than $100m even then it will be confiscated as proceeds of crime, haha you think they won't have dedicated search and confiscate units for crypto... have fun with big bob

>> No.3994171

>>3994136
You mean those discord groups?

>> No.3994175

>>3994136
*Assets will be frozen until a verdict is reached; have fun funding your legal battles via credit cards

>> No.3994221

>>3994175
they can't freeze your fucking btc wallet. They can blacklist it but you could always find a way to exchange it for a privacy coin.

>> No.3994345
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3994345

>>3994221
Can they? Look at how much funding was provided for the drug war (You can say it was never won but fuck going underground or living in South America with the constant threat of a drone strike or SWAT team visit), imagine the incentive to eliminate something that is a threat to their paper money.

>> No.3994377

>>3994345
No they can't

>> No.3994512
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3994512

>>3994377
A 51% attack would be peanuts compared to what was spent on the drug war, all that they would need would to do is lease the use of the US governments STATE OWNED super computers here is just one.. of course some software adjustments would have to made for the attack

>> No.3994553
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3994553

>>3994512

So you're saying super computers will kill link?

I bought in but I honestly might sell again at a loss. I think the government couldnrealistically start putting these on every city

>> No.3994562
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3994562

>>3994553

>> No.3994570

>>3994562
it's EACH CITY
REEEEEEEEEEEEEEEEEEEEE FUCKING REDDITORS GET IT RIGHT

>> No.3994587
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3994587

>>3994553

>> No.3994640

>>3994512
If they want a hand with this, they are free to contact me on lara.bee22@outlook.com... BTC is now a speculative scam; Some Ethereum projects have utility

>> No.3994680
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3994680

>>3994553

>> No.3994731

>>3994553
Sell. It's gonna be like shooting fish in a barrel.