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/biz/ - Business & Finance


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52397467 No.52397467 [Reply] [Original]

This man is so based

>> No.52397480

>>52397467
FUCK SONY
FUCK JASMY
FUCK MARKET MAKERS

>> No.52397543

>>52397467
>be alameda
>try to crash competitors futures market by dumping
>lose a bunch of money and realize you caused no liquidations because they go off a price index price
They were really that dumb?
They just end up pointing out why Binance prevents scam wicks

>> No.52397554

>>52397467
Why do retards love to shill ChinkZ?

>> No.52397603

>>52397554
Fuck off Bankman

>> No.52397658

>>52397554
we're all d0b0 and hpos10i holders and we need CZ to succsneed in order for our bags to pump

>> No.52397688

>>52397554
LUNC

>> No.52397690

>>52397554
He is based until proven otherwise.
Funds are unironically always safu

>> No.52397716
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52397716

>>52397554
I remember exactly 1 year ago this board was full of thread shitting on CZ for making KYC mandatory
And now it's full of people praising CZ to heaven?

This board is now full of paid CZ shillers.

>> No.52397756

>>52397554
Because funds safu since 2017. People must forget how many 2017 exchanges were "hacked"

>> No.52397759

>>52397467
someone explain to a retard what an index price is?
is it just another name for spot price?

>> No.52397788

>>52397554
The Jew fears the samurai
The enemy of my enemy is my friend

>> No.52397825

>>52397759
do you know what an index fund is?

>> No.52397864

>>52397825
oh its an aggregate from multiple sources?

>> No.52397895

>>52397864
Exactly
And it protects traders from getting scam wicked by a big dump on a low liquidity market
It’s something I’ve only heard of Binance doing
Very anti-Jew of CZ

>> No.52397919
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52397919

>>52397895

>> No.52397934
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52397934

>>52397895
ty fren

>> No.52397944

>>52397825
>>52397864
>>52397895
>>52397919
>>52397934
very organic conversation, thank you sir

>> No.52397990

>>52397467
Are there going to be less scam wicks and barts now that FTX is gone?

>> No.52398002
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52398002

>> No.52398006

Honestly I think CZ is based. Maybe his consistent “humble builder” tweets have gotten to me but I like him. He uses the “funds are safu” meme and plays along with our joking. Actually has kept funds safu for a long time. Seems like he’s just a likable guy

>> No.52398008

>>52397895
bitmex also uses index price for liquidations

>> No.52398030

>>52398006
He does the same thing as SBF (using users trade data to generate cash flow by trading against them, using user funds to trade against crypto volatility). He's just less retarded and doesn't go crazy leverage into all-in bets like Caroline did.

>> No.52398041

>>52397554
CZ is based. BTC / stable coin pair has 0% trading fee on Binance.

Trading fee comparison:
Binance : 0%
Coinbase : 0.6%
Kucoin : 0.08%
FTX : 0.07%
Kraken : 0.26%

Keep in mind if you trade frequently, 1% trading fee on Coinbase is hell. Other platforms are fucking greedy, even in bear market.

>> No.52398045

>>52397658
this, let the good times roll so we can make even more money off these retard normies lol

>> No.52398070

Cz has proven himself to be one of the most trustworthy BASED men in crypto. He's greatly increased my opinion of Chinese. Ive always known them to be hard working individuals but now I see they have similar honour to their Japanese brothers

>> No.52398072

>>52398006
He literally named his insurance fund from a Bizonacci meme. I never really understood the hate like
>>52397716
says were posted and I think it might instead have been paid Binance fudders

>> No.52398102

>>52398070
Ok this retard is pushing it though. CZ, if based, is a Chinese outlier.

>> No.52398144

>>52398070
technically CZ is from Canada