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/biz/ - Business & Finance

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52360454 No.52360454 [Reply] [Original]

Buckle up. It was barely begun

>> No.52360463

15k will be tested again today

>> No.52360464
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52360464

>>52360454
U mad bro?

>> No.52360474

how about this chink kike uses his countless billions he siphoned from gamblers to backstop the market

>> No.52360487

>>52360474
what's the point? bear market will continue until eof Q1 23 minimum

>> No.52360516
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52360516

>>52360454
THEN WHY DID YOU START THIS RETARD AAAAAAAAAA

>> No.52360556

>>52360454
Crypto is completely irrelevant to the real world. It could all go to zero and nobody would notice.
There is literally no money in the system since the money you use to buy crypto never enters the system.
All the money used to buy crypto was already spent or is sitting in some off-shore accounts.

>> No.52360560

>>52360516
It's not like he planned it

>> No.52360576

>>52360556
>t. financially illiterate retard

>> No.52360577
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52360577

>>52360454
bottom signal. hope you boughted. every normie is pulling assets from any centralized platform they ever used. fear is shaking them out completely. we're in capitulation. CZ topping it off with muh 2008 crash. imagine thinking ((they)) will ever let you buy btc again for 4 figures. out of the question.

>> No.52360585

>>52360560
he caused it you retard

>> No.52360587

>>52360556
very few people understand this
every real dollar you deposit on a cex is essentially thrown into a bonfire

>> No.52360588

>>52360576
>t. triggered bagholder

>> No.52360589

>>52360560
he pulled an elon musk
caused a complete shitstorm that he had no idea was going to happen by making a stupid tweet

>> No.52360626

>>52360585
By getting rid of an asset he discovered was worthless? You wanted him to baghold it to zero?

>> No.52360642

>>52360454
bullish thanks justr bought 100k

>> No.52360649

>>52360516
He gave everyone a heads up about Alameda and FTX being on the brink so that they could get their money out before FTX imploded. Everyone had 3 days to get the fuck out. It would have been way worse if it had continued and FTX inevitably blew up with no warning. Only cucks who believed in Sam didnt withdraw their money from FTX

>> No.52360710

>>52360454
difference is no government bailouts
which has to be healthier

>> No.52360747

>>52360710
Maybe Sam was sent to nuke crypto so that they could study the effects of systemic collapse without bailouts

>> No.52360792

>>52360464
gongo looks dead here

>> No.52360800

>>52360589
>>52360626
>discovered
he caused a bank run on purpose. that was the whole purpose of the tweet, otherwise it wouldn't exist.
company's don't casually post the results of their audits on fucking twitter.

>> No.52360830

>>52360800
FTX had already borrowed $8B of their users funds to try to cover a $10B hole in Alamedas balance sheet. Blaming CZ is like blaming the guy who first discovered Bernie Madoffs ponzi scheme for people losing their money, as if allowing Madoff to continue would have been better

>> No.52360852

>>52360830
I'm not blaming him for the fraud. He still deliberately caused a bank run.

>> No.52360853

>>52360587
I have been living off crypto since 3 years ago, not sure which shithole you live in where you cant withdraw

>> No.52360869

>>52360852
So did the guy who sounded the alarm on Madoffs ponzi

>> No.52360879

>>52360853
>where you cant withdraw
so you've been living off real money that a greater fool used to buy crypto

>> No.52360931

>>52360879
meh, i know that one day, eventually, all your "real money" balance in your account is going to be automatically transformed into bitcoin agaisnt your will, no refunds :)

>> No.52360937

>>52360869
So Madoff himself?
>On December 10, 2008, Madoff revealed to his brother and two sons, who worked for the legitimate arm of his firm, that his investment-advisory business was a fraud and nearly bankrupt. Madoff's sons turned in their father to federal authorities, who arrested him the next day.

>> No.52360959

>>52360556
>t. Seething HODLer was too greedy to liquidate
The money in crypto is real if you cash out

>> No.52360973

>>52360931
cool story. wait till you find out BTC can't even process the transaction volume of a single city.

>> No.52360975

>>52360937
Your post literally says the sons turned him in.

>> No.52361027

>>52360975
you don't confess unless you're ready to be caught

>> No.52361074

>>52360959
>>52360975
not that it matters. he was turned in by his sons to the authorities, they didn't publish it on fucking twitter and they weren't his competitors.
so your madoff comeback is just retarded. don't use it again.

>> No.52361102

>>52360800
There was no "bank run", moron. FTX has always been insolvent. The "liquidity crunch" story is nonsense. Wake the fuck up.

>> No.52361134

>>52361027
>>52361074
You are a special kind of stupid.

>> No.52361136

>>52361027
and someone close to sam told cz and coindesk. you are grasping at straws here. just accept that sam is to blame and not the people warned the public

>> No.52361145

>>52360454
the irony is that with all the regulations that will come down on crypto CZ will get hit the hardest
if people think binance is legit they're fooling themselves

>> No.52361823

>>52360973
is this how you cope? last time i checked there were already 4 countries onboard.... 180 left!

>> No.52361875

>>52361823
I wouldn't call 3rd world shitskin shitholes "countries"

>> No.52362007

>>52361875
again, is that how you cope? It really doesnt matter how much you cry online bro, its a self fulfilling prophecy

>> No.52362052

>>52362007
"nigger shithole XYZ will pump bitcoin" is how you cope

>> No.52362164

>>52360464
i can't even fathom the levels of JUSTing this guy has been through by now

>> No.52362281

>>52360463
we will see 13k this week (and why thats a good thing)

>> No.52362325

>>52361102
insolvency can go unnoticed for a long time
>>52361134
nice non-argument
>>52361136
I never denied that, idiot.

>> No.52362815
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52362815

>>52362325
>don't blame the criminal, blame the person who notices the crime

>> No.52362843

>>52360454
Who'a going to lose money? Its only going to be neets and incels

>> No.52362891

>>52360577
Beautiful btc flower. Amazing that the protocol attached to this nft is probably one of the only chains that will make it

>> No.52362915

>>52362815
>strawman
retard spotted

>> No.52362964

>>52360464
It gon go up r-right?

>> No.52362975

>>52362915
It's exactly what you are saying, moron.

>> No.52362980

>>52361074
please stop with your cringe posts faggot, anon bested you.

>> No.52362993

>>52360516
He caught jewboy with his pants down. Totally worth it

>> No.52363067

https://strawpoll.com/polls/GeZANX3kRyV

vote here!

>> No.52363094

Red-shift OP threads are the best threads.

>> No.52363117

>>52360454
>it was barely begun

>> No.52363136

>>52362975
no, you just pulled a strawman out of your ass.
>>52362980
he made a false analogy, since nobody spotted madoff's ponzi scheme and his sons went straight to the feds instead of making it public.
don't see how that's besting me.

>> No.52363160

>>52361027
He alreay knew he was going to be caught, he confessed to his sons because he wanted more time to get away with it. Keeping silent would have aided his crimes. CZ keeping quiet would have aided Sam's fraud.

>> No.52363198

>>52363136
You literally blamed CZ for SBF's criminal fraud. You are a colossal dumbfuck.

>> No.52363228

>>52363198
no, I literally didn't. please stop with the strawmen already, you dumb fuck.

>> No.52363273

>>52362993
Yeah enjoy your bags going to zero

>> No.52363279

i mean, blockfi's probably next. who else?

>> No.52363283

step one: denial

>> No.52363317

>>52363228
You literally said CZ caused a "bank run" on FTX:

>>52360800

>> No.52363320

Godamn CZ lmao. Hopefully MATIC will continue to survive just like they did this crash.

>> No.52363340

>>52360577
They will make Btc go back down to 4 figures because they have money to while retail has ran out of savings a long time ago

>> No.52363374

>>52363317
>Samuel Bankman-Fried is a fraudulent kike and his exchange is insolvent
>CZ deliberately cause a bank run with his tweet
those two things can be true at the same time.

>> No.52363393

>>52360454
>cascading effects "especially for those close to the FTX ecosystem"
It seems like he is not so subtly pointing fingers at specific companies here, either as a warning or as pressure to derail competitors. This guy is living the Art of Crypto War

>> No.52363398

>>52363273
I only put chump change in crypto. The chinks and jews can crash it to hell for all I care.

>> No.52363420

>>52363374
You have no idea what a bank run is, do you?

>> No.52364348

>>52362052
nah, not any nigger shithole, I will dump on your ass and your whole family ass kek

>> No.52364385

>>52360474
one man cant bail out the titanic

>> No.52365783

>>52360474
He'll backstop his own token and that's fine by me

>> No.52365821

>>52360464
>trading career path final form

>> No.52365839

>>52360454
based im ready to scoop some massive cheapies

>> No.52366442
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52366442

>>52360464
george is possessed by the chinese behcoin demons

>> No.52367302

>>52360556
What would you say about blockchain projects offering Asset management products used by TradFi.

>> No.52367558

>>52360747
I guess after they failed to drive Privacy and Privacy projects down they had to use the jew. Typical.

>> No.52367622
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52367622

>asset created as a response to the 2008 crash
>it mirrors the 2008 crash

>> No.52367886

>>52360556
I took some money out and bought me a house. Still got 500k in crypto from a 30k investment. How Is that not real?

>> No.52368006

>>52360516
>announced days before
>anyone with a brain had time to get out
he is protecting binance by liquidating FTT because he knows

>> No.52368059

>>52367886
you bought your house with USD which you got from a greater fool.
you didn't buy your house with BTC, mortages are not repaid in BTC, nothing in the real world relies on BTC.
thus if BTC goes to zero, the real world will be unaffected.

>> No.52369336

>>52363320
Matic's survival is all I need now, coupled with some of my lowcaps focusing in the growth and adoption of blockchain tech.

>> No.52369516
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52369516

>>52368059
I dont care about using BTC as a collateral since USD-BTC bridge is firmly established and their price elavuation is positive (which will be perpetual due to inflation economic and superiority to precious metals as a counter-inflationary item)
And it shouldn't even be used directly. Once global economy matured enough that golden standard nearly killed it.
Wagies get their check in fiat, items cost fiat. You dont buy house with gold, nor pay mortgage with gold. Go read some financial literacy books.

>> No.52369840

>>52360464
>FTT GONGO UP TRUST MEH AHRIGHT? JUST DCA AND THE REST IS JUST WHALEGAMES