LAST WARNING COINBASE

[Anonymous No.52556340]

Coinbase corporate bond price has crashed to about 50%. If they want to borrow money they need to pay 17% yield! lmfao. To all you cryptoniggers i'll explain what this means. It means that the market thinks there is a high probability these wankers will go belly up and nobody wants to lend them money anymore. GET ALL YOUR CRYPTO OF CENTRAL EXCHANGES. sell everything. the nucleair cryptowinter has started. We are EARLY in the crash, no bottom in sight. Buckle up and finger your anus to cope

[Anonymous No.52556360]

>>52556340
for due diligence nerds
https://www.coindesk.com/markets/2022/11/21/coinbase-microstrategy-bonds-tank-as-ftx-collapse-dents-institutional-confidence-in-crypto/

[Anonymous No.52556376]

>>52556340
I'm buying LEAPs on COIN. They'll be the premier cdbc exchange aka forex for zoomers

[Anonymous No.52556388]

>>52556340
how low do you think BTC will go then?

[Anonymous No.52556410]

>>52556388
30k. It's mathematically impossible for BTC to go lower.

[Anonymous No.52556411]

>>52556388
1 ham footlong=1 BTC

[Anonymous No.52556420]

I'm actually thinking of loading up on these bonds. Coinbase just prints money. Yeah maybe they'll have to scale down. But their costs are super low. They aren't going bankrupt low. A guaranteed 50% on their bonds is a crazy good deal. My only hesitation is because I might just get better returns holding BTC instead.

[Anonymous No.52556460]

>>52556420
actually now that I think about it. it makes sense. to buy a coinbase bond you have to believe in crypto. And if you believe in crypto you are loading up on BTC and ETH right now, not thinking about corp bonds

[Anonymous No.52556463]

>>52556388
i think it"s reasonable to consider the 2018 low a 'safe' bottom. So 3k. yeah sucks right. but even 3k is optimistic. The Western hemisphere is facing a massive recession. that's not my ' opinion'. Recently the Uk finance minister publicly said they were facing a big recession. Uk is one of the most important economies in EU. Whole EU is fucked. And when EU is fucked, USA is fucked. we are all fucked. Crypto never had to face a recession in it's existence AND on top of that we have all these massive frauds lol. perfect shitstorm

[Anonymous No.52556494]

1 year target is $1.26 kek.

[Anonymous No.52556680]

BTC will go to 9k - 12k at the lowest, then go back up to 15k and bounce around 14k to 17k likely.

This is the bottom, but there likely will be a lower entry within the next year.

FTX is a massive fud catalyst which is being overblown, exaggerated on purpose to drive the market down and attempt to push new legislation.

Now that republicans control and house and senate there will be resistance to these bills likely.

Fed's CBCD is being finalized.
Fidelity is implementing blockchain programs.

The next run won't be a dump, it will be a timeline where BTC and ETH are solidified and stabilized into many institutions.

I suspect right before this happens, there will be a massive influx of businesses suddenly accepting bitcoin, eth and other currencies.

[Anonymous No.52556731]

the thing that hurts me the most about these brainlet threads is you will end up being right about price action, but for the wrong reasons
tether will go up in flames and this is what will cause the dump to $500 (eth. who cares about bitcorn)

[Anonymous No.52556745]

>>52556680
it will go alot lower than 9k moron. for example the GBTC ( grayscale) shareholders are effectively selling their shares with a 45% discount. for example when BTC was 16700 they were selling their shares with a 45% discount which basically meant they accepted to only get 9k btc price for their shares. These are the institutional investors. you are absolutely retarded if you think 9k is the bottom. it's just the beginning

[Anonymous No.52556765]

>>52556340
>there is a high probability these wankers will go belly up and nobody wants to lend them money anymore

Not exactly OP. Your logic works but the big picture is different. We are experiencing the collapse of the current centralised ecosystem but the next step is a new ecosystem. Big nose money will enter after these companies collapsed and this is the reason of that 17% yield. They want to dominate in the next bullrun. It's going to be the same with different names.

[Anonymous No.52556786]

>>52556680
>reddit spacing
I don’t even particularly care about reddit spacing, but man that is egregious

[Anonymous No.52556797]

>>52556765
i never said crypto was going to die. I kind of agree with what you said just saying the price will crater to levels normies and bizniggers never expected to happen. even now people are still retardedly optimistic and not understanding the circumstances , that includes macro economics on top of all the crypto industry bs we have witnessed lately which will have a snowball effect

[Anonymous No.52556819]

>>52556797
All I hear you saying is buy more.

[Anonymous No.52556825]

>>52556420
>Coinbase just prints money
>"Q3 net revenue was $576 million, down 28% compared to Q2. Total operating expenses were $1.1 billion"

/biz/ - Business & Finance

[Anonymous No.52556834]

>>52556797
Yeah a lot of people in crypto really don't comprehend the larger economic impact the world has on crypto markets.

Crypto success relies on linking it to the real world economy. That intertwining changes market dynamics significantly and they begin to impact each other. We're finally seeing crypto weaving into the real economy, which is why external forces are now playing a major role. A lot of people are not understanding this.

[Anonymous No.52556835]

>>52556463
I still doubt it'll go to 3k its held up pretty well in this bear market already and everyone who would sell at 4k is probably already out by now. We're probably going to 10k but I don't really see lower.

[Anonymous No.52556840]

>>52556680
>republicans control and house and senate
Anon....dumbocrats control the senate and will pass spending bill after spending bill

[Anonymous No.52556865]

>>52556680
Source: The voices inside your head.

[Anonymous No.52556875]

>>52556797
>i never said crypto was going to die
Didn't want to say that. It can't happen. I talked about that yield and the goal.

>even now people are still retardedly optimistic
I have mixed feelings about this. There are articles about normie economic experts who laugh on us but the chart below is still feels empty if you compare with 2018.

https://99bitcoins.com/bitcoin-obituaries/

[Anonymous No.52556887]

>>52556840
anyone who thinks there is a difference between republicucks and demorats when it comes to big governemnt wanting to put its greasy fingers into crypto is retarded. Genuinely retarded

[Anonymous No.52556891]

>>52556819
You should be buying more eventually. But if you're buying now you're really just wasting money. You guys really need to learn how to flip your outlook depending on current circumstances. Selling doesn't mean you don't believe in crypto. It means you believe that crypto is going to be cheaper in the future.

[Anonymous No.52556899]

>>52556680
>republicans control and house and senate
I thought they lost the senate?

[Anonymous No.52556918]

>>52556875
allright i hear you. I mean in the end everything is speculation but never have the circumstances been this bad. I don't care much about TA when thinking about long term effects

[Anonymous No.52556944]

>>52556899
>https://99bitcoins.com/bitcoin-obituaries/
Demrats control senate , republicucks control the house

[Anonymous No.52557009]

>>52556825
You just said, retard. Hundreds of millions in revenue and they can cut costs easily. Its just a website and some software in the end. I'm not saying they'll be hugely profitable or COIN stock will be worth anything, just that they'll be around to pay their bonds in the end.

[Anonymous No.52557039]

>>52556887
That's weird because if that was true then SBF would have funded both teams in order to get his way, but he only funded the one.

[Anonymous No.52557050]

>>52556680
Expect digital asset connections tied to every bank account in the US by 2027.
t. know something

[Anonymous No.52557068]

>>52556340
I just bought a shit ton of coinbase stock today, on the cheap.

[Anonymous No.52557079]

>>52556388
It will go below the price of a pizza. The guy who bought pizzas over a decade ago is going to close his BTC/PZZA short.

[Anonymous No.52557112]

I don't see COIN bonds listed, am I retarded? Using E-Trade, don't bully too much

[Anonymous No.52557128]

>>52556340
>HUETE

[Anonymous No.52557155]

>>52556891
And if you are wrong, and there's a chance this is the bottom, then what? FOMO when it's twice the current price? Timing the market is dumb unless you have more confidence in your ability to predict short term trends than long term ones, because by chasing the short term you screw yourself out of the long term.

[Anonymous No.52557172]

>>52556376
>zoomers have money
Not if I refuse to give them a raise.

[Anonymous No.52557202]

>>52556411
$5.00 footlong.

[Anonymous No.52557337]

>>52557155
Are you really so dumb that you can't figure out that you were wrong about the bottom before it doubles? Like what the fuck are you even saying lmfao

Timing the market exactly is dumb, having a general idea of where you are is not. We have a big down leg still due to contagion from FTX and overall horrible market sentiment.

Or do you seriously think that every major institution has navigated this bear market perfectly and there is no more systemic risk?

[Anonymous No.52557382]

>>52557039
a popular misconception. the 3rd guy in the FTX hierarchy ( inner circle buddy of SBF), sponsored the republicans :). don't trust Fox news or MSNBC for that matter. they are both dogshit

[Anonymous No.52557411]

>>52557382
Yeah but it was less, meaning it took a whole lot more to buy dems, the gop was cheap.

[Anonymous No.52557688]

Fuck you all. All it takes is a 10% pump for all you faggots to change your minds.

[Anonymous No.52557737]

>>52557079
Lmao based

[Anonymous No.52557746]

>>52556340
NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

[Anonymous No.52557811]

>>52556463
>The Western hemisphere is facing a massive recession.
It's not just the western hemisphere.

[Anonymous No.52557830]

>>52557688
Its down to 40 from 400 dollars itll be sub 20 soon. Also literally everyone says it sucks, its just a hard finesse. buy as many puts as you can lol

[Anonymous No.52557862]

>>52556340
What are everyone's guesses for Saylor's Margin Call price?

[Anonymous No.52557879]

>>52557811
Missed some countries at the bottom

[Anonymous No.52557886]

>>52557337
>Are you really so dumb that you can't figure out that you were wrong about the bottom before it doubles?
Yes absolutely, and so is almost everybody. We jump back to 24k, that might not mean shit, it could do that and then crash down to 10k. Or it could keep going. Price movements can precede whatever explanations there is for why they are happening. At what point do you jump back on if you want to take advantage of long term price increases?
>We have a big down leg still due to contagion from FTX and overall horrible market sentiment.
That seems very likely. But to think it is a guarantee is arrogance.

[Anonymous No.52557906]

>>52557382
i thought he only sponsored republicans running against MAGA candidates

[Anonymous No.52557935]

>>52557862
we're already there, he must be sucking dicks left and right to just buy one more day of time
even if prices stay where they are, i doubt he survives until january

[Anonymous No.52557980]

>>52556825
>"Q3 net revenue was $576 million, down 28% compared to Q2. Total operating expenses were $1.1 billion"

Net revenue is after expenses… they are extremely profitable

[Anonymous No.52558053]

>>52556411
no, that's XRP. the cost of 1 XRP will be 1 ham sandwich, dollar equivalent. roughly $5.89 by the End Of the Year 2020, December 311 at 11:13 pm. true story

[Anonymous No.52558065]

>>52557980
where are you seeing those numbers?

[Anonymous No.52558095]

>>52556865
they told me to buy XRP
https://setl.io/setl-hires-ripple-global-head-of-banking-to-lead-payments-business/
https://www.newyorkfed.org/aboutthefed/nyic/facilitating-wholesale-digital-asset-settlement
https://blockworks.co/former-ripple-advisor-michael-barr-will-supervise-the-federal-reserve/
https://www.reuters.com/article/us-saudi-cenbank-currency/saudi-arabias-central-bank-signs-blockchain-deal-with-ripple-idUSKCN1FZ0LD
https://coingape.com/ripple-executive-leads-australias-cbdc-project-another-pump-for-xrp/

[Anonymous No.52558117]

>>52556463
I refuse to believe an asset that has advertisement hoardings in the biggest televised sporting tournament globally (crypto.com) can fall below levels it hit when it wasn't mainstream and the world economies were on the brink of complete shutdown.

[Anonymous No.52558145]

>>52557079
This. Doubt a bunch of megawhales will just let billions of their crypto just sit on a nano ledger LMAO. They'll realize BTC is a shitty investment overall since lenders and exchanges are retarded with money and will probably cash out and go back to reinvesting in da vinci paintings or some shit. Or get with the program and invest in L1s and L2s ffs

[Anonymous No.52558146]

>>52557935
If GBTC is as empty as fort Knox then Saylor is screwed as that I think will spell the end for him. Basically, I am saying it 10-12k is his call.

Though I am going to be honest this doesn't feel like contagion as much as it feels like SBF level hunting going on. Like someone is hunting and they know many of the whales are bluffing and seeking to liquidate them all.

[Anonymous No.52560161]

>>52556835

9k - 12k likely a brief bottom, however 15k right now will be the average.

Next run top will probably hit 150k range

[Anonymous No.52560192]

>>52556388
20k was the last ATH, so it won't go any lower then that.

[Anonymous No.52560274]

>>52556420
Thats exactly what I was thinking

[Anonymous No.52560317]

coinbase isn't going under because of bitcoin crashing or fraud
over the last 12 months their stock is down 87%
what do you think equity rich tech companies did when their stocks were sky high?

[Anonymous No.52560334]

>>52556340
I love all this crypto FUD right now.There is going to be such a great opportunity to load the fuck up. So many will miss it due to fear.

[Anonymous No.52560379]

>>52560334
>buy my bags

[Anonymous No.52560394]

>>52558065
Their balance sheet is dogshit too. This stock is a zero

[Anonymous No.52560405]

>>52558065
They still have 5 billion of usd assets so they can keep going for a long time even if they keep having those quarters. At least for another 2 and a half year if every qiarter is as bad as this one.
Half of those assets are straight cash.
I wish for them to collapse but unless something extraordinary happens, I don't see it happening to them, they just have too much cash

[Anonymous No.52560448]

>>52556463
Why not just say zero?

[Anonymous No.52560660]

>>52556420
They literally lost $5.30 PER SHARE last quarter. They aren’t just losing money they’re losing a shit fuck ton of money with no ability to borrow more.

[Anonymous No.52560703]

>>52560161
We will never see that price.

[Anonymous No.52560717]

>>52556463
Nigger the precious cycle peak is the bottom of the current cycle, not the other way around. Like fuck BTC will go to $3k. I wish it would.
It will go to the precious HIGH of around 13k. I'm saying It might briefly hit 10-12k.
You got it ass backwards

[Anonymous No.52560958]

>>52557382
> clearly a democunt retard larping against the red side....

FOH no one is buying your fake pandering. When it comes to corporate corruption and anything that has to do with money there is only one side that is ALWAYS complicit. Dems control every media institution. NYT, WAPO, all media that is white washing SBF. They LOVE regulations, this is apart of their fucking doctrine! Always has been always will be. NO matter what you say about the red side they are still degrees of difference away from the retard blue side when it comes to corrupted money kikes. Meanwhile when orange man was around the entire economy was spitting out money until a magical (((flu)))) appears and ousts him for the corrupt democunts to fill their pockets while idiots like you pretend "both sides are equally corrupt..." FOH lying rat. You are clearly on the democunt side. Go blow SBF and his trust fund friends who now work at VOX and other lib globohomo propaganda for the NPC scum that worship them faggot.

[Anonymous No.52560996]

>>52560660
Um, dumbass, thats EPS (TTM) not last quarter

All it means is they spent a lot of money. Relax and unclench. Go read Value Investing by Benjamin Graham and come back in a month

[Anonymous No.52561071]

>>52560161
>Next run top will probably hit 150k range
Be careful what you wish for. Crypto as a whole will look very different by the time BTC is ever allowed to run up again. I don't mean in a good way.

[Anonymous No.52561113]

>>52558053
>>52556410
I've stumbled into a time shift.
Is Ron Paul president?

[Anonymous No.52561134]

>>52556388
BTC will start and OnlyFans by spring

[Anonymous No.52561203]

>>52556463
Bear euphoria
Strong buy signal

[Anonymous No.52561343]

>>52556388
I think I'll buy when it's $0.10 again. I could've bought btc at $0.10 fml

[Anonymous No.52561358]

>>52561343
Pretty gay that /biz/ doesn't spoiler desu

[Anonymous No.52561598]

It's over 9,000!

[Anonymous No.52562014]

>>52557906
It was exactly that.

[Anonymous No.52563086]

>>52556388
People are gonna give me shit. But true OGs know that 3-4k btc feels OKish. Meaning that if it could get there but it's unlikely. 11-12k is my reasonable guess for a bottom but it could as well be 14-15k IF we dont get another happening

[Anonymous No.52563191]

>>52557688
I agree with your point but it's mostly just shitposting here anyway.

[Anonymous No.52563235]

>>52556388
5 - 6k is a safe bet, it could go lower tho.
be careful in your investment, anon.

[Anonymous No.52563248]

>>52556680
>this is the bottom but it will go lower
thank you anon

[Anonymous No.52563261]

>>52556360
https://m.youtube.com/watch?v=rH-zwicySQE

[Anonymous No.52563272]

Is the coinbase wallet okay? I downloaded it a while back ago. It costs me a little bit of my crytpo to move it to their wallet. If CB goes down, will their wallet still work or will it be trapped on an app I can no longer use?

[Anonymous No.52563279]

>>52561113
Why would AOC's husband be president?

[Anonymous No.52563298]

>>52563272
The CB wallet is just a reskinned Metamask afaik, you should be fine

[Anonymous No.52563307]

>>52556463
>this is ...le bottom

top signal

[Anonymous No.52563316]

>>52556680
>gs investors sell for 9k so btc is going to less then 9k
You are fucking retarded. Fuck you.
Btw I agree 9k won’t be bottom.

[Anonymous No.52563318]

>>52556340
>finger your anus to cope
Finger plugged anus Sir! Jields up!

[Anonymous No.52563347]

>>52556463
>we are all fucked
Not cheyna man. Cheyna man not fuck.

[Anonymous No.52563460]

>>52563298
as long as it doesn't trap my crypto in some void if CB dies.

[Anonymous No.52563468]

>>52556411
Yeah you love footlong meat don't you, queer.

[Anonymous No.52564069]

>>52557009
They reduced expenses by 30% this quarter and still made a 500m loss. They have not announced plans for any further cuts.

>>52557980
You are thinking of net income, they made a 500m loss in a single quarter.

[Anonymous No.52564095]

>>52556388
By my calculations, BTC will bottom at -$2,308 by next Easter. Anyone holding bitcoin will owe money

[Anonymous No.52564117]

How did these fags lose money? They don't have customer service, just fucking automation. They charge extortion level fees for trading.

So how the fuck did they lose money?

[Anonymous No.52564121]

They already banned my account so nothing to worry about much appreciated though famalam

[Anonymous No.52564142]

>>52556340
No that means risk is higher due to market conditions. No one wants to lend anyone in crypto. Its not exclusive to coinbase. The risk lenders want to take is lower due to ftx collapse thats it.

[Anonymous No.52564230]

>>52556376
OH.. that. On paper, it looks a nice strategy that could work. I'm taking a staking path on a DEX tho, The bullish season is about to come around, I've got my bags on LOOP DEX and they have a massive APY offering, the highest on Juno Network. I'm in a race to boost my bags for the bull.

[Anonymous No.52564249]

we will probably get another big dump but i believe it will be short lived.

>DCG and coinbase etc all truly believe in the money making value of crypto as a whole. they are overleveraged and exposed atm but don't want to allow other players to take their market share. what are they to do?

>best answer is they will sell assets to stay afloat. obviously they sell btc cuz thats the only shit these exchanges actually have as collateral.

>mass influx of btc spot selling plummets us to like 10k and normies selling will make us go to 8k ez
>anything below 8k will be slurped up by any survivors

>these same groups will now redirect their attention to rebuild. 99% of all vc backed alts die as these groups sell them off to buy back btc ASAP.

>we go back over 10k 8 months from now over 14k one year from now and range between 18-28k for the next 6 years
>some blue chip alts (you know who you are) start making parabolic jumps in this time
>8 years from now btc steadily grows to 50-60k
>12 years from now btc breaks 100k
>14 years from now btc breaks a million
>24 years from now btc drops back down to 100k and is only used in a niche transfers.

[Anonymous No.52564310]

>>52556891
Everything will have a price identity eventually, we are in that process, these things take time. Crypto prices might drop further more, but I think the bullish season might come faster than we anticipate. I have a slightly different approach, I stake on LOOP DEX and accumulate tokens or sometimes farm with tokens for APYs on Juno Network.

[Anonymous No.52564394]

>>52556340
>>52556360
>Explaining High Finance concepts to Crypto Incels
You tried bro, but their eyes are glazed over. Most of them can't even understand why Coinbase is selling bonds in the first place. Most of these guys have never even seen an actual balance sheet or income statement

[Anonymous No.52564879]

>>52556340
You had me calling people up before 6:30 in the morning to coordinate with them to start moving their stuff off of Coinbase.

Thank you anon.

[Anonymous No.52564925]

>>52556410
>30k rupees is the bottom

Based Ranjesh

[Anonymous No.52564960]

>>52556463
>facing a recession
its a recession right now, a recession is 2 consecutive quarters of negative gdp growth. The mainstream media in the USA just redefined it for the midterms so they could claim it hasnt arrived yet. I think this is part of the reason they push trannies so hard, if they can get people to truly agree with the idea trannies are valid members of the gender they are trying to impersonate, they can get people to believe anything... like we are not in a recession right now

[Anonymous No.52565135]

>>52556388
>how low do you think BTC will go then?
8k-10k.

The recession started in summer and historically it stays for ~10 months. Right now we're hovering at 15k.we need to accumulate until march 2023 and then the fed will start lowering rates again.

[Anonymous No.52565267]

>>52556340
can't they just use DeFi for financing?
having stock is so oldschool

[Anonymous No.52565307]

>>52560379
I'm in cash lmfao @ your life

[Anonymous No.52565526]

>>52556340
>GET ALL YOUR CRYPTO OF CENTRAL EXCHANGES. sell everything.

Selling is for the weak. Moved part of my assets to ledger and the stables invested through SpoolFi. Let's stay cold Biz chads .

[Anonymous No.52565567]

>>52564960
Haven’t you heard? Beyond Meat is the best meat.

[Anonymous No.52565620]

>>52556340
The bond traders are definitely the smartest guys in the room. Their price action always signals when there’s trouble.

[Anonymous No.52565632]

>>52556340
>p-please sell!
no

[Anonymous No.52566151]

>>52557811
>>52556463

>western hemisphere fucked
>not just western hemisphere

so........ where's the money flowing? it must go somewhere. in crypto world im betting its XRP. SEC case seems to be coincidenly ending as this crypto shitstrom is on........ pieces are falling into place, when mainstream notices that really XRP is the only one which has real world usecase, an real profitable utility, all the connections, the industry standard. It'll be the biggest wealth flow into sincle coin in crypto history!

[Anonymous No.52566573]

>>52566151
Interest rates are going up anon, albeit slowly.
Because interest rates have been so low for so long, that’s why you see plastic shit like funko pops everywhere but no millennial has their fucking life together.
All that excess money is going to be drained out of the economy one bit at a time, because it’s gotten to the point where it’s affecting people’s ability to eat.

[Anonymous No.52566594]

>>52556420

Cryptoniggers everyone

[Anonymous No.52566598]

>Coinbase

[Anonymous No.52566617]

>>52556340
Remember they put out a note saying if they go bankrupt they take your coins. Never trust baldies.

[Anonymous No.52566646]

>>52565135
>fed says rates will stay high at least till h2
>literal retard: it will stay high till March

Anon, I…

[Anonymous No.52566748]

>>52566151
aware me on picrel? 23/12/2022 BTC was 22-24k.

[Anonymous No.52566764]

>>52560394
Your (((agenda))) and nose are showing.

[Anonymous No.52566813]

>>52557980
this is the person I share a board with

[Anonymous No.52567357]

thanks just shorted another 10k

[Anonymous No.52568499]

Coinbase is probably the safest exchange since they've been subject to U.S. regulation for a while. But they also don't provide an actual account/balance statement. This whole reserves fud is getting to me.

[Anonymous No.52568518]

Play in only the trusted casinos! Like Bspin.

>Casino with BTC main currency.
>Coming giveaway with $15K Prize Pool.
>Up to 20% CashBack bonus and the coolest benefits.

[Anonymous No.52568932]

>>52568499
I understand a 10Q can be a few months old, but just how real time of a balance statement are you expecting?

[Anonymous No.52569085]

>>52568499
All these are worthless. Hop on to DeFi projects, probably DAO governed and non-custodial on user assets... mostly seen on middlewares for yield aggregation.

[Anonymous No.52569117]

>>52556340
How do I 'take my btc off coinbase' if it doesn't go on metamask :(

[Anonymous No.52569135]

>>52556340
no one is reading all that just tldr if usdc is safe

[Anonymous No.52570400]

>>52568499
>Safest exchange
LMAO

[Anonymous No.52571360]

>>52568932
month end balance. coins have historical prices. is that too difficult? or is it for their own legal protection?