[ 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: 19 KB, 1120x420, 17173623851396.jpg [View same] [iqdb] [saucenao] [google]
52329181 No.52329181 [Reply] [Original]

Binance is the next to fall. They also have their fake BNB tokens, inflated AF. They even went a step above from just being evil by creating and printing their own magical internet money called BUSD. It's like everything is so magical.

In two weeks Binance will shut down all withdraws and CZ will commit seppuku to honor his family and ancestors.

Screenshot this.

>> No.52329218

Binance would be the last to fall. Coinbase would go down before it.

>> No.52329239
File: 19 KB, 656x527, 1603218137662.png [View same] [iqdb] [saucenao] [google]
52329239

>>52329181
>In two weeks

>> No.52329258

>>52329181
id like to see graphs first

>> No.52329267

>>52329181
after the next bull

>> No.52329289
File: 1.91 MB, 267x260, 1667660602970102.gif [View same] [iqdb] [saucenao] [google]
52329289

>>52329181
>CZ will commit seppuku to honor his family and ancestors.

I keked lol

>> No.52329302

AFAIK they have an emergency fund with real money.
FTX just had shitcoins and kikes. Not even comparable.

>> No.52329308

>>52329267
greedy is shinny and you are easily blinded by it you ignorant.

>> No.52329309

>>52329181
You are just salty you get robbed by the kike rat
Crypto.com and Nexo are next, not Binance

>> No.52329323

>>52329308
he's right, binance is in no way going to fail this time, not yet

>> No.52329356

>>52329302
Have you seen the fund? I dare you search for "SAFU funds CZ twitter" on Google and check both wallets. Its all BTC and BNB rofl. It's like hedging yourself against yourself. Also the amount is laughable ~0.7 billion.

>> No.52329400

>>52329302
The fact is 100% of the SAFU funds for when BTC goes wire is actually 16,000 BTCs and a million BNBs LMAO FUCK MY ASS THIS CHINK IS KIDDING ME

>> No.52329423

>>52329323
This is what everyone thought about FTX until yesterday no?

>> No.52329495

>>52329181
Cope.

>> No.52329531

>>52329181
BUSD is audited/backed 1:1 and is by Paxos retard.

>> No.52329540

>>52329423
>everyone
FTX damage control shills/bots/baggies maybe.

>> No.52329544

>>52329181
Except they actually have money.

>> No.52329616

They don't have any debt anon. Stop hating on sun zi
But crypto com is in big debt and insolvent

>> No.52329627
File: 23 KB, 745x341, 20221110032812000338.png [View same] [iqdb] [saucenao] [google]
52329627

>>52329181
notice how CZ said the lesson is to never use YOUR TOKEN as a collateral, when it makes no sense. if they only used their token as collateral they'd have stayed solvent, FTT would have just tanked to 0. 100% he said it because they don't use BNB as a collateral, but gamble with deposited user funds the same way as FTX did and you can bet your ass BNB is massively margin longed by non-existent BTC a'la binance right now.

>> No.52329632

>>52329423
literally withdrew my money and contributed to the bank run
made several threads warning fellow anons that the situation is indeed dire
it was over as soon as caroline tweeted

>> No.52329695

yamamoto satoshi will protect the buttcoins
check em

>> No.52329759

>>52329356
The safu fund is completely separate from user deposits so what's your point?

>> No.52329766

>>52329627
>he said it because they don't use BNB as a collateral, but gamble with deposited user funds the same way as FTX did
true

>> No.52330566

I didn't need to screenshot I. I cashed out. Took a small loss but I still have my money. If you got any BUSD then get it out now NOW before the tower starts collapsing and it's gone forever.

>> No.52330617

>>52329181
>CZ will commit seppuku to honor his family and ancestors
He will run off like Do Kwon

>> No.52330627
File: 232 KB, 720x670, SmartSelect_20221007-142055_Chrome.jpg [View same] [iqdb] [saucenao] [google]
52330627

>>52329181
You have absolutely no idea what you're talking about.

Busd was made by paxos's whitelabel stable coin.

t.former binance employee.

>> No.52330638

>>52329181
LETS SEE IT

>> No.52330680

>>52329181
>two more weeks

>> No.52330767

>>52329181
the logo is literally composed of multiple pyramid symbols
how many clues and examples do cryptards need? you think after the number times a token has rugged to zero, or an exchange has gone from normal operations to completely insolvent in 48 hours, cryptards would wisen up a bit

>> No.52331351

>>52329181
The difference with Binance as opposed to any other exchange is they have 100x the amount of traffic from real traders

>> No.52331369

>>52329181
busd is paxos, it just licenses the name and its the most regulated of the stables registered in jew york