[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 29 KB, 553x443, leaving coinbase.png [View same] [iqdb] [saucenao] [google]
49602892 No.49602892 [Reply] [Original]

So is this the crypto version of a bank run?

>> No.49603347

>>49602892
Is 81BTC the max withdrawal or something?

>> No.49603525
File: 25 KB, 306x306, 1647265316169.jpg [View same] [iqdb] [saucenao] [google]
49603525

>>49602892
In a few minutes someone will come in and ask
>hey lol what is that site?
and the scammer OP will send his phishing link.

This is a low effort ad shill thread.

>> No.49603557

>>49603525
Hey lol what is that site?

>> No.49603619

>>49603347
propably keeping it spread across multiple wallets

>> No.49604069

>>49603525
Yeah the site is youreafaggot.com

>> No.49604317

>>49602892
>So is this the crypto version of a bank run?
Not really, because the lending market for crypto is tiny and short duration. Coinbase will have lend out some BTC for shorting, but covering for that is hardly a problem. It's not like the problem of covering for mortgages of varying quality with decade terms like in a bank run.
Unless coinbase gambled with deposits and has massive losses, a mass redemption won't hurt them much.