NUCLEAR HAPPENING: CRYPTO FIRM GENESIS WARNS OF BANKRUPTCY

[Anonymous No.52554967]

IT'S ACTUALLY OVER THIS TIME. DISCUSS
https://twitter.com/tier10k/status/1594809221266153498

[Anonymous No.52554996]

>>52554967
Insiders selling before news as always

[Anonymous No.52555004]

>>52554967
priced in

[Anonymous No.52555006]

Nothing ever happens

[Anonymous No.52555013]

>>52554967
bobos are really trying their best huh. its over, 15500 is unbreakable adamantium reinforced titanium support

[Anonymous No.52555027]

>>52554996
>>52555004
>>52555006
WE ARE TALKING ABOUT A MULTI BILLION DOLLAR LEHMAN MOMENT FOR CRYPTO. THIS COULD KILL CRYPTO FOR YEARS

[Anonymous No.52555032]

>>52554967
>4-5th capitulation black swan in a single month?
You know what I am thinking....

[Anonymous No.52555035]

>>52554967
13 years and still no use case. still not accepted anywhere. it's been dead longer than you know.

[Anonymous No.52555045]

>>52554967
Perfect see you at $4000.

[Anonymous No.52555049]

>>52554967
Priced in. Max fear already achieved.

[Anonymous No.52555051]

>>52555027
good, see you tomorrow!

[Anonymous No.52555054]

>>52554967
gg lads 13k here we come

[Anonymous No.52555066]

>WE ARE TALKING ABOUT A MULTI BILLION DOLLAR LEHMAN MOMENT FOR CRYPTO. THIS COULD KILL CRYPTO FOR YEARS

[Anonymous No.52555082]

>>52554967
kek the amount of fud narratives (((they))) are burning through is surreal

[Anonymous No.52555112]

OMG china just banned bitcoin!

[Anonymous No.52555150]

>>52555082
Its china ban after china ban without the unban between the pope fud :D

[Anonymous No.52555161]

>>52555112
>>52555082
>>52555049
I CAN'T FATHOM DOWNPLAYING THIS NEWS. YOU DON'T EVEN HAVE THE FED INJECTING LIQUIDITY TO PROP UP YOUR USELESS INTERNET MONEY. IT'S ONLY DOWNSIDE.

VERIFICATION NOT REQUIRED

[Anonymous No.52555171]

>>52554967
nothingburger
everyone already knew about this for a week

[Anonymous No.52555175]

>>52554967

Choooooooo chooooooo maxitards

[Anonymous No.52555186]

>>52555161
dont have to be jealous, you can buy in too, easily

[Anonymous No.52555188]

>>52555150
New quantum computer developed in Tazmania has just made bitcoin obsolete.

[Anonymous No.52555195]

>>52554967
my shorts are ready

[Anonymous No.52555206]

>>52554996
this has been news for several days.
it's been printed. I've read it. I've eaten fish and chips off of it and then shat out the fish and chips.

[Anonymous No.52555217]

>>52555161
ahhhhhhhhhhhhhhhhhhh

[Anonymous No.52555218]

>>52555027
>n-th time
sage

[Anonymous No.52555223]

>>52555188
eclipse of the sun into a supernova and the moon crashing into earth is killing btc atm ohnonononooo!

[Anonymous No.52555227]

>>52555161
OH NO another genesisx ftx retardx collapse anyway. Wut am i gonna du

[Anonymous No.52555230]

Eat their shorts

[Anonymous No.52555250]

>>52555223
A solar flare just flew over my house

[Anonymous No.52555253]

>>52554967
>CRYPTO FIRM GENESIS
Sorry, never heard of em

[Anonymous No.52555258]

>>52554967
>some literal who company going bankrupt will crash the entire crypto market

[Anonymous No.52555285]

>>52555258
>will crash
WRONG.
IS CRASHING*
YOU HAVEN'T SEEN THE WORST OF THIS YET. I WISH I COULD SAY MORE BUT MY HANDLERS AREN'T ALLOWING IT.

[Anonymous No.52555292]

>>52555258
>literal who company
b8

[Anonymous No.52555294]

>>52555013
>15500 is unbreakable adamantium reinforced titanium support
HAHAHAHAHAHAHAAH

[Anonymous No.52555297]

>>52555027
people said that with FTX, Luna, Onecoin, bitconnect....

[Anonymous No.52555367]

>>52555027
Quick you better sell then
>>52555032
Institutional investors are a joke? Whoops we leant out billions of dollars to a kid with a history of being dodgy. Sorry no refunds

[Anonymous No.52555411]

>>52555258

[Anonymous No.52555436]

>>52555258
one domino at a time

[Anonymous No.52555450]

>>52555027
yeah sure , guess i'll see you faggot fomoing at the top in 2025 then

[Anonymous No.52555477]

>>52555411
Depends entirely on whether they still have the BTC. Who knows if they don’t publish addresses and leave them as a black box
>Sorry we leant them to FTX, who leant them to Alameda, who leant them to etc.

[Anonymous No.52555499]

>>52555292
Not bait, never heard of them before

[Anonymous No.52555504]

>>52555150
china saw the top when nobody else did.
they forced their population to sell around the top. they knew this when they did it.
nobody is this based

[Anonymous No.52555537]

lol mobile push notification just went out

[Anonymous No.52555626]

>>52555258
I'm going to enjoy watching retards like you deal with babbies first liquidity crisis

[Anonymous No.52555648]

>>52555450
THE FAGGOT REDDITOR MENTALITY OF "WHAT GOES DOWN WILL EVENTUALLY GO BACK UP AGAIN" NO LONGER APPLIES. CRYPTO COULD BE DEAD IN THE WATER FOR A DECADE EVEN. DO YOU REALLY THINK ((THEY)) WILL MAKE IT THAT EASY FOR INCELS???

[Anonymous No.52555669]

>>52555648
Yes.

[Anonymous No.52555700]

>>52554967
Genesis is isolated from grayscale

[Anonymous No.52555727]

>>52554967
Unironicaly good for Bitcoin

[Anonymous No.52555731]

>>52555297
>70k
>15k
and guess what happened, baggie

[Anonymous No.52555741]

>>52555258
>>52555499
It's only the biggest institutional lender in all of crypto. You know how exchanges offer APY products for users locking up their tokens? The exchanges then lend their users funds to Genesis, who in turn lend that crypto to other institutions like 3AC, Alameda, etc. Genesis takes a cut, the exchange takes a cut, and the user who locked his tokens on the exchange gets a cut in the form of yield

[Anonymous No.52555746]

For anyone that doesn't know. This jews are basically an investment crypto bank not a commercial crypto bank. If this guys fall maybe only Binance will be left untouched.

[Anonymous No.52555767]

>>52555161
They are committed to the cause anon.
They actually believe the strings of 1's and 0's on their hard drive are "stores of value".

You can explain to them endlessly:
>Crypto was invented to crowdsource the tech for CBDC's, and they will pull the plug on it when they implement those.
>Crypto was born in the era of zero percent interest rates and infinite quantitative easing, and has never faced a recession.
>It has never been anything more than a tool for speculative gambling.

All of it goes in one ear, out the other.
They just yell "FUD" over and over, as though that's an argument.
Nevermind that they SHOULD be feeling A LOT of fear, uncertainty and doubt.
Because everything points to the fact that their tulip mania is reaching its ultimate conclusion.
But no, they will just keep tell you, "it's the future".

[Anonymous No.52555823]

>>52555741
And if it wasn't obvious, Genesis going down would be the biggest event so far. Much more impactful than Luna, 3AC or FTX

[Anonymous No.52555843]

>>52555767
THEY'D BE RIGHT IF THAT MENTALITY WASN'T SO WIDESPREAD (AS IN 2015 & 2018), BUT NOW YOU HAVE EVERY REDDITOR BULLTARD ABSOLUTELY 100% CONVINCED THAT NEW HIGHS ARE INEVITABLE EVERY 4 YEARS. AND WHENEVER THERE'S BAD NEWS THEY HIT YOU WITH THE >>52555727

[Anonymous No.52555904]

>>52554967
Damn, the fallout from TeraLuna is still rippling through crypto.

[Anonymous No.52555907]

>Short bitcoin
>Release torrents of FUD

[Anonymous No.52555927]

>>52555843
Why are you yelling

[Anonymous No.52555949]

>>52555648
>REEEEEEEEE MUH JOOOOOZ
>REEEEEEEEE "US" aka a faggot incel like me NGMI
Crypto has been going up & down since its inception you dumb nigger and as i said don't forget to buy the top AGAIN like a retard in 2025
>inb4 this time it's time
yeah so was last time and last last time and the time before that

[Anonymous No.52555970]

maybe they should sell some of their nfts

[Anonymous No.52556010]

>>52555843
Why do you care

[Anonymous No.52556032]

>>52555767
it gongo up

[Anonymous No.52556058]

>>52555741
Which exchange lmao. Never heard of it, never had APY from an exchange.

[Anonymous No.52556138]

Guys, GUYS, have you heard of TETHER? They could implode ANY moment now. USDT has already DEPEGGED from 1.0 to 0.999. It's so fucking over. OVER.

[Anonymous No.52556161]

>>52555767
Holly shit, you are the first person that I see in the cult that /biz/ is that see the real purpose for cr@pto
>Admittedly I come here to mine salt mostly when shit hits the fan
I would add to your conclusion the following
>Cr@pto was made to create acceptance in the mind of the retard NPC.
>It was poor NPC's STONK exchange experience,that seems less convoluted, but in fact is a fuckin shitshow from start to finish.
The great fleecening comes

[Anonymous No.52556167]

ITS OGRE

[Anonymous No.52556267]

>>52555285
How about you handle yourself dork

[Anonymous No.52556311]

>>52555907
is this an intentional or incidental merchant.jpg?

[Anonymous No.52556328]

>>52555648
PICREL

[Anonymous No.52556422]

>>52555970
KEK My fucking sides… If I wasn’t a coward I would’ve put more than 1k on shorting BTC. What a time to be alive.

[Anonymous No.52556490]

>>52556328
that is so not true, 2018 was a breeze compared to this

[Anonymous No.52556579]

>>52555258
Lmao the guy who runs it will have to liquidate his grayscale trust if genesis goes bankrupt. Not your keys. Not your crypto. This will make FTX look like a cherry bomb in comparison to the BTC nuclear def con 5 holocaust. Wow, what a time to be alive

[Anonymous No.52556609]

>>52556579
>def con 5
Defcon is the other way around you inbred moron.
DEFCON 1 is full scale war not 5

[Anonymous No.52556614]

>>52554967
2 more weeks..

[Anonymous No.52556643]

>>52555035
vpns

[Anonymous No.52556742]

>>52556579
See
>>52555477
There is a reason the trust is at a discount. Insiders know that at least 50% off the BTC no longer exists

[Anonymous No.52556770]

>>52556328
Delusional. A bunch of major exchanges didn't go bankrupt in 2018.

[Anonymous No.52556788]

>>52556742
The discount started when leafland launched a spot etf.

Why invest in a trust when the etf tracks price better?

[Anonymous No.52556805]

>>52555648
you do realise being down 80% after 100x gains still means you're up 20x, right?
or is this a crypto (crypto as in covert) burgerican math thread

[Anonymous No.52556809]

>>52556770
2018 was much worse than this, hash war, massive fud, stablecoin monopoly by tether, kyc was forced on exchanges.

FTX selling paper crypto going down is long term bullish.

[Anonymous No.52556816]

>>52556490
no, everyone thought it's over. now people are screaming to "buy the dip". it's different

[Anonymous No.52556858]

>>52556816
Late 2018 was EXACTLY like this, even worse, biz was divided by the hashwar, but among those caring for the next bull they were divided between CAPSLOCKANON supporters waiting to buy at 1600 usd and those saying 3200-4100 was the bottom.

[Anonymous No.52556861]

>>52556311
Newfag

[Anonymous No.52556879]

>>52556609
You know what i meant nigger. Let's leave it at that

[Anonymous No.52557297]

>>52555230
15 year old me:
>wishing I could see what was under girls' clothes
Late 20s me:
>wish women would just keep their fucking clothes on

[Anonymous No.52557338]

>>52556861
>newfag
stable diffusion posting started q3 2022, nigger

[Anonymous No.52557346]

>>52556161
You dont know how to greentext
Also, that half baked CBDC opinion pops up all the time

[Anonymous No.52557358]

>>52556858
yes 2018 was worse and that's why we still have a long way to go. Too many retards and newfags are still buying the dips and MSM is full of crypto stories. once everybody lost interest, the bottom will be in

[Anonymous No.52557394]

>>52557338
And weve numerous merchant threads since then. That other anon obviously hasn't browsed at all in the last 3 months

[Anonymous No.52557406]

>>52557358
>once everybody lost interest, the bottom will be in

Not going to happen anon don't be capslockanon 2, 2018 i forgot to add started with btc having 1m unconfirmed transactions and ended with barely reaching 180-200k tx per day while now both btc & eth are still operating at max capacity.

[Anonymous No.52557417]

>>52556858
>they were divided between CAPSLOCKANON supporters waiting to buy at 1600 usd and those saying 3200-4100 was the bottom
It was such a fucking based time. All those threads about the bondage courier

[Anonymous No.52557458]

>>52555027
priced in

[Anonymous No.52557463]

>>52557406
I'm not a deluded retard, there is no cheap money left to pump your bags. The situation will become much worse. 2018 had 0% interest money floating around

[Anonymous No.52557506]

>>52554967
I just woke up from a nightmare in which BTC crashed to $1. All of my family were laughing. Very supportive, haha.

[Anonymous No.52557648]

>>52555230
Guys I want to eat a cute clean blonde girls ass so bad but I’m 5’7,” poor, and Hispanic

[Anonymous No.52557673]

>>52555027
yes crypto will die just like youve been saying for the last 12 years LOL@you

[Anonymous No.52557772]

>>52557463
2018 had interest rates going up

[Anonymous No.52557821]

>>52555741
Good. Crypro lending needs to die. We learned this 5 years ago. Buy BTC and alts low then sell high. Don't leave your coins on an exchange. Don't let some let anyone hold them hostage.

[Anonymous No.52558185]

>>52555648
It’s already over for incels. Diminishing returns with each cycle, you need 100k in todays market to make it now

[Anonymous No.52558393]

>>52555230
WHY DO WOMEN DO THIS

[Anonymous No.52558594]

>>52555741
>It's only the biggest institutional lender in all of crypto.
its a wallet!

>>52555741
>offer APY products for users locking up their tokens
its a scam!!>>52555741
>exchanges then lend their users funds to Genesis, who in turn lend that crypto to other institutions like 3AC, Alameda
its a MEGA FUCKING SCAM
>>52555741
>user who locked his tokens on the exchange
HAHHAHAHAHAHAHAHA

[Anonymous No.52558605]

>>52555700
>Genesis is isolated from grayscale
This. Niggas can't understand this concept?

[Anonymous No.52558681]

>>52555027
>WE ARE TALKING ABOUT A MULTI BILLION DOLLAR LEHMAN MOMENT FOR CRYPTO. THIS COULD KILL CRYPTO FOR YEARS

[Anonymous No.52558736]

>>52555004
>priced in

that's why everything's devaluing :^)

[Anonymous No.52558797]

>>52555112
They """ban""" bitcoin every top and then unban it when it is dumping kek

[Anonymous No.52558804]

By tomorrow night 1 BTC = 1 BBC

[Anonymous No.52558823]

>>52557297
women being whores is like an overly long joke
kinda like gooks liking anime in adulthood

[Anonymous No.52558852]

the real issue here is that the contagion is already spreading beyond FTX and Binance is vulnerable to the same kind of event. If BNB goes down it'll make FTX look like a lemonade stand going under

[Anonymous No.52558856]

>>52555027
BTC 200K EOY

[Anonymous No.52559133]

>>52555027
>>52554967
>>52555035

[Anonymous No.52559292]

>>52558852
retard take, Binance aint going anywhere you fucking tourist

[Anonymous No.52559446]

>>52554967
they wanted to get 1 billion in loans. nobody offered lol. now they have lowered their ask to 500 million. still no bid HAHAHAHAHA. its fucking over and i can't tell you how happy it makes me knowing that so many bizniggers got burned in this superobvious scam. you are all brainlets and i piss on you.

[Anonymous No.52559490]

>>52559446
Only the earnings programs gone bust. No easy yield on cexes anymore no big deal

[Anonymous No.52559517]

>>52559490
you fucking brainlet their mother company DCG is about to go under. say buy to all your deposits TOPKEK. ooh fuck me i am coooming. this is fucking amazing. I love you /biz/ neverchange you fucking lowlife retards! I love coming here watching you suffer. you filthy retard plebs!

[Anonymous No.52559543]

>>52557297
>Late 20s me: gay
cool

[Anonymous No.52559580]

>>52559517
>say buy
You all caps retard gang were wrong in 2018 you are wrong today. Go back and tell your leader to stop posting on /biz/

[Anonymous No.52559656]

>>52559580
wow you caught me on a typo
>takes victory lap
never change my sweet sweet summerchild

[Anonymous No.52559687]

>>52559656
Btc 1600 soon?

[Anonymous No.52559708]

>>52559687
keep coping loser, by your pathetic little comeback efforts inspired by an overconsumption of Reddit i can tell you got absolutely rekt and soon will be sucking niggercocks for fiat dollars. goodluck anon , don't forget to smile when you swallow

[Anonymous No.52559710]

>>52559517
>I love coming here watching you suffer
you have to go back (r/buttcoin).

[Anonymous No.52559745]

>>52559710

[Anonymous No.52559756]

>>52559708
So did it go to 1600 like your little gay gang has screeched in 2018?

[Anonymous No.52560246]

>>52559710
>utter projection

[Anonymous No.52561426]

>>52559708
>will be sucking niggercocks for fiat dollars
is that how you came up with the money to buy the top?

[Anonymous No.52561460]

>>52555285
>I WISH I COULD SAY MORE BUT MY HANDLERS AREN'T ALLOWING IT.
kek loosen your helmet straps champ it's time for bed

[Anonymous No.52561529]

>>52555258
>doesn't Winklevoss...

ngmi

[Anonymous No.52561563]

>>52555013
mumu bobos can't melt steel jeets

[Anonymous No.52561682]

>>52556809
that fake paper crypto is what pumped the price to 60k to begin with

[Anonymous No.52561744]

>>52554967
/biz/:
>AAAAAAAAAAAAAAAAAAAAH!!!
>NUCLEAR HAPPOOONING!!!
>*huuuge red candles
>*Bobo posting.
Me running to check the price:
>*Nothing happened.

/biz/:
>OOOOOOOOOOOOOOOOOH!!!
>NUCLEAR HAPPOOONING!!!
>*huuuge green candles
>*Mumu posting.
Me running to check the price:
>*Nothing happened.

... every single time.

[Anonymous No.52561753]

>>52557297
>>wish women would just keep their fucking clothes on

[Anonymous No.52561779]

>>52556858
>>52557358
At least in 2018 people were still discussing new projects and quietly accumulating them. Now /biz/ is nothing but macro bullshit. Not a good sign.

[Anonymous No.52561897]

>>52555907
Exceptionally rare. Saved.

[Anonymous No.52562139]

>>52555027
This is good. Remove the institutions and go back to the grassroots cypherpunk side of crypto. Institutions were always only using it to fleece alice and bob. Crypto is meant to be a tool for the average person not powerful jews to rape goyim harder. Even if that sounds marxist I don't care. Marxists get one thing right and one thing right only: the rich should suffer and not the people

[Anonymous No.52562152]

>>52562139
Also, so he was right?https://twitter.com/paulg/status/1594446009010212865

[Anonymous No.52562264]

>>52562139
Freedomcoin, coins at home, not browser tranny tokens.
The retards wants you to use online wallets and calls that real.
Coinbase for example is not a wallet.
People forgot about what banking from home really meant when crypto arrived.
Tranny tokens took over and people fell for it.

[Anonymous No.52562451]

This thread has convinced me, we're extremely close to the bottom and I haven't even started accumating
Lets hope its a 2014-2016 or longer winter

[Anonymous No.52562545]

>>52555258
GBTC holds 600k bitcoin or so they claim. They are also run by the same parent company as Genesis. It is possible that GBTC liquidates if Genesis goes bankrupt.

[Anonymous No.52562908]

>>52555907
Fukken saved

[Anonymous No.52562947]

>>52555082
Lololol

[Anonymous No.52563725]

>>52555731

Onecoin and Bitconnect were years ago, retard. Every recent cycle is the exact same formula:

>bitcoin rises, bringing alts with it
>hype created by scammers gets slurped up by retarded moonboys
>scams are created and propped up by the bullrun
>price can't rise forever, goes into a retrace
>scams collapse without hype and constant price increase
>"omg its all over, bitcoin is dead"
>https://99bitcoins.com/bitcoin-obituaries/
>repeat

[Anonymous No.52563915]

>>52561682
No, it dumped it and supressed it's price.

[Anonymous No.52563945]

It's all so tiresome.