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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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52282361 No.52282361 [Reply] [Original]

Get comfy lads, I don't think we're going to be waiting too long

>> No.52282429

hi fellas! this is nice.

>> No.52282441

Cope, it already bounce off titanium $16 support

>> No.52282449

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

actually I'm usdc and btc on kraken, feels good

>> No.52282456

>>52282449
withdraw them in cold storage
kraken is decent but trust no one

>> No.52282463

>>52282449
>USDC
Uhh.. did you hear something something about Circle and USDC? Just a heads up here.

>> No.52282485

>>52282463
Circle contagion comes next.

>> No.52282486

How long does it take institutions to force debtors to liquidate their collateral and secure the debt? The answer to that question is the same answer as when will it go to zero

>> No.52282487

LUNA 2.0 on another blood moon eclipse.
What a time to be alive.

>> No.52282512

>>52282361
SHOAH STATUS: PREVENTED
NICE TRY CHINKS

>> No.52282524

>>52282456
>trust no one
but trust you to withdraw?

>> No.52282529
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52282529

-27% tonight on top of yesterday’s drop

>> No.52282541

How do I short this shit?

>> No.52282558
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52282558

>> No.52282560

>>52282541
Go on KuCoin lad

>> No.52282564

>>52282441
I take it back

>> No.52282606
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52282606

ohnononononono

>> No.52282623

>>52282441
Yes it's bouncing downwards

>> No.52282628
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52282628

>>52282606

>> No.52282646
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52282646

>>52282361
NOW IM FREE
(FREE FALLIN, NOW IM, FREE FALLIN)
FREE FALLIN!

>> No.52282665

>>52282361
why would it go to $1 though? It doesn't have a death spiral mechanism like LUNA did. It's just going to get sold off until the forced selling stops. $10 maybe but $1 is just bobo hopium.

>> No.52282674

CAROLINE. IT'S TIME TO STOP BUYING. START SELLING. WE HAVE LOANS TO PAY GOD DAMNIT

>> No.52282675
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52282675

>>52282361

NUKE IT TO THE GROUND

>> No.52282676

>>52282665
>he thinks it's backed by something.

>> No.52282684

what happens if FTX cant pay back their loans?

>> No.52282685

>>52282665
Alameda used their FTT holdings as collateral for billions of dollars in loans. When FTT goes down, they will be forced to liquidate to pay off the loans. Problem is that they are holding like 95% of the tokens and there are no buyers for this shitcoin, so when they start selling it will go down hard

>> No.52282688

>>52282665
The mechanism afaik is that FTT is what alameda research has used as the vast majority of their collateral for a bunch of loans they have taken out and to back user deposits. So as the price tanks, they become insolvent and thus have to sell more FTT.

>> No.52282692

>>52282665
No one really knows how much they've borrowed against it, shit could go into a big-ass cascade

>> No.52282707

kucoin only let me short 200 FTT at 21.8

>> No.52282760

>>52282675
muhdick

>> No.52282777
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52282777

>>52282692
>>52282692
>could go into a big-ass cascade
Like this?

>> No.52282801

>>52282777
Checked. Death to Alameda

>> No.52282822
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52282822

>>52282685
>Problem is that they are holding like 95% of the tokens and there are no buyers for this shitcoin, so when they start selling it will go down hard
>So as the price tanks, they become insolvent and thus have to sell more FTT.
What if they refuse to sell and try to make Jewish deals with the lenders to sit tight?
How long until lenders margin call them?
Can they margin call them?

>> No.52282839

>>52282685
>>52282688
OK fine, so why is rest of crypto crashing then? is it just 3AC ptsd? 3AC had to dump giga quantities of btc and eth when luna dropped to zero. This sounds like alameda is just going to have to dump a giga fuck ton of FTT on the market for any price. Why is this dragging the rest of the market down with it when it's just another shitcoin implosion? FTT was only rank 27 before the 'depeg', hardly a pillar of the community.

>> No.52282843
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52282843

BURN IT DOWN

>> No.52282857

AAAAAAAAAAAA IT'S GOING TO SQUEEZE FUCK YOU BIZ YOU TRICKED ME AGAIN

>> No.52282876

>>52282839
My guess is some combination of Sam selling btc to stop FTX from dumping + general fear, which can be pretty powerful considering macro is bearish rn

>> No.52282891

>>52282822
They could possibly pull something like that off, but the trust in Alameda and FTX is gone. Institutions wont want to deal with Alameda and retail wont want to deal with FTX
>>52282839
Alameda was sitting on a lot of other cryptos that they started dumping to try to prop up the price of FTT because their survival relied on it.- Then everyone else started selling because they fear the fallout of a potential Alameda insolvency. This is potentially bigger than 3AC, because it involves both Alameda and FTX

>> No.52282895
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52282895

>> No.52282926

>>52282675
nakadashi

>> No.52282963

>>52282891
Good, fuck them all. They can go circle jerk elsewhere with their stupid centralized bullshit.

>> No.52283095

>>52282564
kek

>> No.52283508

>>52282891
>They could possibly pull something like that off, but the trust in Alameda and FTX is gone. Institutions wont want to deal with Alameda and retail wont want to deal with FTX
This. Once something like this happens it’s game over. The jew will spend the next week or so panicking and trying to stop the collapse with various jew tricks, but it’s too late, the damage is done, nobody will ever touch this shit again.

>> No.52284525

>>52282524
Nigga they are not your keys if they are on an exchange

>> No.52284737
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52284737

>>52282441
It's over, loser.

>> No.52284843

>>52282361

Market Side Position Size Notional size Est. liquidation price Mark price Avg open price Break-even price
FTT-PERP Short 0.1 FTT US$1.83 49.6652 18.2590 US$0.02
18.4380 18.4380

WILL I MAKE IT?

>> No.52284877

>>52282606
It's dying

>> No.52284894

you people are fucking stupid

>> No.52284903

>>52284894
cope more retard

>> No.52284917

>>52284903
cope about what, your mental retardation and eternal poverty?

>> No.52285222

>>52282707
I shorted at 22. That's some good profit already selling at 16. Time to throw that into LOOP and stake.

>> No.52285498

Now the question remains:
HOW LOW WILL IT GO

>> No.52285533

>>52285498
Now that it looks like it’s stabilized a bit, CZ can finally start selling a little.

>> No.52285537
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52285537

>>52284917
Yes. How will you ever recover?

>> No.52285538 [DELETED] 
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52285538

>>52282361
Fucking FTT...

I'm launching a YescryptR16 algorithm (PoW) Bitcoin fork. It will be very interesting, because we already have a CEX listing confirmed a week after launch and a handful of influencers on board to make a push on this.

We have plans to also fork 4chan and make our own imageboard, with adspend payable in our native coin.

There are a lot of details I'd like to share here, but it seems that jannies have made my info sheet "banned text". If you're interested in learning more, launch is in approximately 2 weeks so you have some time to get educated about the project and prepare for launch. Picture is related, hop on TG and shoot me a DM for more information or the group invite.

>> No.52285690

>>52282361
I've just shorted and playing board games with the family using the gamestar+ board. This might eventually turn out like LUNA

>> No.52285968

>>52282361
Uh... bros... It's going up 100x rn

>> No.52286092
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52286092

>>52282361
Looks like the start of a death spiral and will drag down other coins like SOL and FTM. It's over for those trannies.

>> No.52286117

>>52282487
I remember some anon on here months ago said something big was going to happen this November ... I forgot there was a blood moon / eclipse this month as well. Here we go everyone. STRAP IN.

>> No.52286270

>>52285538
It's banned because you look like a scammer. If you want some OG investors start a bitcoin talk thread dipshit.

>> No.52286469

>>52282839
>>52282891
>>52283508
jew will invoke Samson option to take out the whole market with it

>> No.52286608

>>52282449
GTFO of usdc, are you fking dumb?

>> No.52286636

Am I too late to open a short?

>> No.52286887
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52286887

>>52284737
AAAAAAAAAAAAHHH THE MACD IS CROSSING OVER!! I REPEAT THE MACD HOCUS POCUS INDICATOR IS CROSSING OVER AAAAAHHHHHHHHHHHH!!

>> No.52286914

>>52286636
Yes you are,they are going to pump the price back up to liquidate the shorts and recover some of the money this way,don't be an idiot and give them any more money

>> No.52287010

>>52282857
>taking financial advice from an investment board that has 10 lottery threads

>> No.52287030

>>52287010
LoL

>> No.52287053

>>52282361
The signs have surfaced. That's why CZ took first action. I'll be watching this drama from the comfort of my home while playing Wheel of Fortune on my smartphone. With Gamestar+ building on the Avalanche, it will be super sexy

>> No.52287096
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52287096

>>52287010
Playing board games and earning GSTAR as well as NFTs is far better. Lottery winners are 99% broke and get themselves killed

>> No.52287127

>>52286469
I trust him more than cz

>> No.52287136
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52287136

>>52282487
>poopwitch was right

>> No.52287172
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52287172

>>52287136
HOLY SHIT MOSSAD TOILET WAS RIGHT ALL ALONG

>> No.52287189

>>52286887
THE MCDS JUST CROSSED OVER MY HOUSE

>> No.52287221

Today is a good day.

>> No.52287244

>>52282564
MY SIDES

>> No.52287306

>>52286914
I opened it and just cashed out 50% profit. Will leave the rest to run

>> No.52287391

>>52282361
I delayed opening a short yesterday and i regret it so much FML
Did it a bit ago already up a lot tho

>> No.52287411

I'm so sad my country forbid us to take part into futures. Where can I short as an europoor ?

>> No.52287621

I'm really tempted but i know for sure the second i short that kike is gonna do a scamwick or some other jew trick

>> No.52287674
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52287674

lmao get fucked EA cucks

>> No.52287697

>>52287411
pancakeswap futures

>> No.52287769

what leverage are you using?

>> No.52287788

>>52282361
https://youtu.be/27xfgTAGaJw

kino

>> No.52287795
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52287795

>>52287769
5x short, the only time I've ever tried to be modest.

...5x is modest, right?

>> No.52287825

>>52284894
kek he lashes out one last time

>> No.52287863

I feel sick. This is nothing short of an attack on someone because you don't like their faith or background.

>> No.52287876

$13,$13,$13,$13,$13,$13,$13,$13

>> No.52287896

>>52287863
Sucks don't it?
t.white guy

>> No.52287918

Can we get Blockfolio back now?

>> No.52288053

BRACE FOR IMPACT

>> No.52288101

>>52287863
Ironic, isn't it? The Jews have built entire industries based on lies: the "Grievance Industry"

>> No.52288228

>>52287918
This.
What portfolio tracker do you guys use? I want to stop using the FTX app.

>> No.52288248

Kek ftt baggies
I have some sympathy for other bagholders on this board but not the retards who owned sbfs kike coin

>> No.52288357
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52288357

It’s real

>> No.52288377
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52288377