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/biz/ - Business & Finance

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52674508 No.52674508 [Reply] [Original]

So umm... Thoughts?
This sounds like BS to me. Auditors would just ask them to sign a message with the wallet, not transfer anything

>> No.52674525

>>52674508
>yes transfer 6 figures of btc to a wallet to prove it's you
yeah sounds weird

>> No.52674592

You realise they only sent 0.08 BTC right?

That's just the transaction hash, which shows how much is in the wallet, lmfao

>> No.52674599

>>52674508
>So umm... Thoughts?
You type like a faggot

>> No.52674630

>>52674592
no that is called the output. They signed a transaction that could have spent anywhere from .0000001 btc to 127k btc, That's the point. According to bitcoin, they moved 127k btc, period.

>> No.52674663

>>52674592
lmao look at the output man, can you tell there are multiple outputs? Or are you just gobbling up CZ's claims?

>>52674599
you contribute to the discussion like a faggot

>> No.52675034

>>52674508
>Auditors would just ask them to sign a message with the wallet, not transfer anything

Exactly.
CZ trying to establish a rescue fund for the ecosystem is a red flag too. This is nothing more than an attempt to get new cash into the ecosystem. Without new cash there is no pumping in the crypto world. Without pumping there is no cash inflows by retail/FOMO. Without this their whole construct based on inflated prices falls apart and debt breaks their neck. Every new exchange/crypto firm that goes down puts even more price pressure on the whole ecosystem. My guess is as soon as Microstrategy is forced to sell their Bitcoins to pay capital costs/debt this will cause a death spiral.

How do you keep a price stable in this scenario? You establish a tight grip on the supply, which makes it easier to control the prices. Just like the diamond industry. No withdrawals, stop trading, get authorities involved that freize assets so it will take years to finally being able to sell, how many crypto big shots died this year? I remember three.

>> No.52675057
File: 725 KB, 2200x1424, 20221126154421000420.png [View same] [iqdb] [saucenao] [google]
52675057

>>52674508
CZ tried to FUD other exchanges but it's getting tough for him because he doesn't understand shit by now.

>> No.52675061
File: 31 KB, 392x590, 77f.png [View same] [iqdb] [saucenao] [google]
52675061

>You type like a faggot

>> No.52675067

>>52674592
they sent ANY amount they wanted you retard you can specify arbitrary 'change' address and can easily use it as the actual transfer recipitent, a lot of BTC clients do that by default

>> No.52675071

>>52674508
yup

>> No.52675078

>>52675067
>ANY amount they wanted
well, not any amount but they could have sent either 0.08 BTC, 127k - 0.08 BTC, or both. no way for you to verify what actually happened, and most likely not for CZ either because he lacks the technical knowledge.

>> No.52675142

>>52674599
shut up kid. at least he asked the right question. what are you doing with your life?

>> No.52676061

Fundes are safu

>> No.52676149
File: 152 KB, 379x376, 1666544451588982.png [View same] [iqdb] [saucenao] [google]
52676149

>>52674508
Just in case, is trust wallet good enough? I like the simplicity and don't have a hard wallet. I don't see why I should keep my portfolio on an exchange if im not gonna stake it or earn interest on it.

>> No.52676169

So he moved 127k BTC around when he could have done something else. What exactly is the issue? Are fudders really so out of shit to say that now proving liquidity in "the wrong way" is somehow considered fud or what?

>> No.52676201

>>52675057
Could you explain that pic to me like I’m a five year old child?

>> No.52676542

>>52676169
can you not read? Read again and come back.

>>52676149
Haven't used it, but if they let you control your own wallet key then it seems good

>>52675057
This, he is a shark bleeding in the waters hoping nobody will notice

>>52676061
we can only hope

>> No.52676624

>>52676542
>can you not read? Read again and come back.
Not an argument.
If you can't explain what is wrong with what he has done you have no right to discuss the matter.
>b-but he said
If you weren't a socially inept retard you would understand what subtext and nuance is when people talk about things.

>> No.52676646

>>52676201
My best guess.
If you create a dummy account and open positions such that the account goes negative, it might give the appearance on the balance sheet that looks ok. The negative balance cancels out the positive "balance" of other users. These dummy accounts use BNB as collateral, which we can't see this assets balance sheet of to reveal the magicians illusion.

>> No.52676709

>>52674508
Imagine thinking that you can trust any of them.

>> No.52676763

>>52674508
>>52674525
Reading comprehension fail.

>> No.52676784

>>52676624
>Not an argument.
jesus spoonfeeding christ, ok then:

1: He posts FUD regarding CDC having moved $400MM around 1-2 months before the whole "POST AUDIT!!!" debacle happened. Claims anyone moving large amounts of money before or after they demonstrate their addresses are doing shady business.

2:
He then goes on to move 2 BILLION dollars during their own demonstration of addresses, giving a BS excuse.

now correlate the two, no "nuance" or "subtext" needed. He is a hypocrite, no if and's or but's.

>>52676709
Oh i dont, i keep my shit on my ledger.

>> No.52676785
File: 5 KB, 230x219, mumucrying.jpg [View same] [iqdb] [saucenao] [google]
52676785

>>52674508
He wouldn't blatantly lie after the second largest exchange in the world collapsed, RIGHT?

>> No.52676908
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52676908

>>52676784
the absolute state of your brain
Usually I don't get involved with arguments here because 99% of you are dunning-kruger retards that will argue that 2+2 doesn't equal 4 but you seem like a special kind of retard so I want to read what stupidity you have to offer

The thing he said and when he said it comes from when the FTX debacle happened and a bunch of 'projects' were moving around funds to for liquidity snapshots and then sending those funds back FROM and TO addresses that weren't confirmed to be their own thus not giving actual security about the liquidity of those projects.
There's a HUGE difference between
>sending BTC from one of your own accounts to an empty one to prove ownership
and
>getting transactions from dozens of unknown accounts to yours and then transacting back to the original unknown accounts
That's what the chink is talking about and why your thread talking using a Twitter post in a vacuum is garbage but at least this is better content that the average shill thread I guess.