Anyone with glassnode want to check this?

[Anonymous No.52864100]

This was from yesterday, hoping a kind anon with a glassnode subscription will post a screenshot… BNB has a long way to fall

[Anonymous No.52864126]

>>52864100
coordinated bank run of binance will make me cum

[Anonymous No.52864136]

>>52864100
>glassnode subscription
can't you just, like, you know, look on the public and immutable blockchain?

[Anonymous No.52864145]

>>52864126
bobos don't get to cum, simple as

[Anonymous No.52864148]

>btc going up
fud... for now

[Anonymous No.52864163]

>>52864100
Because of Binance and FTX failing (Binance will fail in the next 72 hours), Bitcoin might actually go down in nominal and real terms even in an inflationary/hyperinflationary environment.
People with Bitcoin may be unable to exchange their bitcoin for anywhere near the value today, and I even think it will be impossible for people in bitcoin to buy gold or silver directly because it will be so illiquid and the complete opposite of the physical metals.
Nobody wants the Bitcoins, they want to hold them long enough to get rich before exchanging them for something else. This is not money.

[Anonymous No.52864178]

>>52864148
This.
As long as number go up, everything is good.

[Anonymous No.52864226]

>>52864163
I think you are right about it all, but in the very short term BTC will continue to go up due to the Binance exodus. This is why we are pumping btw, bitcorn going up coincide exactly with when the mass "fud binance" operation began, and i don't think that's a coincidence.

[Anonymous No.52864247]

>>52864226
The CPI, FOMC, FTX arrest, Binance facing USA justice dept. investigation and liquidity crisis are all falling in the same 2-3 day period.
Yeah i mean its pretty wild

[Anonymous No.52864299]

>>52864136
Wouldn’t I have to like, you know, process/aggregate that data? This is finals week for me and am no programmer

[Anonymous No.52864340]

>>52864148
>>52864178
What if btc is going up because exchanges are buying in order to cover withdrawls in order to hide that they didn't have enough real btc?

[Anonymous No.52864341]

>>52864247
It truly is. Some big stuff is in the making.
Also to explain a bit further my theory on btc gongo up, i believe it's because of cz wanting to avoid his fractional reserve scheme being exposed.
We all know if you purchase some bitcorn on binance, you buy an IOU generated by the company rather than the real deal (even if they pretend the contrary).
But what we don't know is the extent to which this fractional reserve exist.
If it's above let say 2:1, cz might start to feel the heat big time and is purchasing as many btc as he can to have enough backing to guarantee the customers going cold wallet.

What's why i believe it will go up as long as the exodus is here. But at a certain point cz will run out of liquidity and this is when the firework will start.

[Anonymous No.52864352]

>>52864163
I like where you’re at, but why are you so certain about within the next 72 hours (post shorts/loans), and there’s still a ton of 10 year+ btc wallets. I like btc in principle but have no faith in it 20 years from now, but it seems like (((they))) want it

[Anonymous No.52864353]

>>52864126
One more MT.Gox before Year's end would be great.

[Anonymous No.52864370]

>>52864340
>>52864341
Hivemind with 1sec interval

[Anonymous No.52864389]

>>52864226
it's pumping because people are buying to move it away, how is that hard to understand?

[Anonymous No.52864392]

I've read that 7 high up executives left Binance in the past two months. DOJ and SDNY getting serious with FTX. SBF most likely going to snitch on all of them. My guess is some insiders are cashing out right now.

[Anonymous No.52864414]

>>52864389
Read the posts above.

[Anonymous No.52864450]

>>52864392
>I've read that 7 high up executives left Binance in the past two months
Any sauce on that? If true it's legit RIP for the chink.

[Anonymous No.52864455]

>>52864414
I did. I still think it's a good old bank run, it's the simplest explanation.

[Anonymous No.52864503]

>>52864450
https://twitter.com/AP_ArchPublic/status/1602299724677128193?cxt=HHwWgoCxkYfHwbwsAAAA
My bad, it is simply "executives" not "high up executives". But I guess it is still bad news for Binance.

[Anonymous No.52864507]

>Hello yes, I store cryptocurrencies, decentralized money, on a centralized exchange.

[Anonymous No.52864562]

>>52864455
That's what we say. But to keep your analogy, it's the bank buying the btc they immediately hand to the customers to pretend their vault isn't empty.
And it's clear as day because nothing but btc and eth are truly pumping, while stables are getting quite volatile for the past 24h.

How long can cz play this little game is the only question. But you can bet he's currently sinking up to the last penny he have to save his company.

>>52864503
thx fren

[Anonymous No.52864607]

>>52864562
ah yes I see it now, it makes sense. it's funny, he's probably buying btc from exchanges that receive them back immediately by his own customers kek

[Anonymous No.52864921]

>>52864340
>what if the withdrawals are being covered
literally not a bank run

[Anonymous No.52864956]

>>52864607
even better, when you withdraw btc from binance, binance buys btc from another exchange who buy them from binance, who doesnt have any bitcoin

exchanges are fucked because they tried to apply fiat principles to crypto

[Anonymous No.52865000]

>>52864353
>Gox
mfw I got Gox'd

[Anonymous No.52865027]

>>52864341
If people were buying bitcorns at 60k and binance was just giving them an IOU, and now they are covering at 18k, Binance can theoretically cover it all and get away with it.

[Anonymous No.52865032]

>>52864100
What is he trying to imply with his tweet? It sounds to me like Binance is very solvent and can handle 2000 btc per hour in withdrawals

[Anonymous No.52865058]

>>52865032
To me it seems like he wants to imply that Binance is insolvent.

[Anonymous No.52865136]

>>52865058
By saying that Binance is solvent?

[Anonymous No.52865145]

>>52864100
>Jewish scheme dumps the market when tested
>Chink scheme pumps the market when tested

[Anonymous No.52865166]

>>52864145
my ID says i do

[Anonymous No.52865305]

>>52864163
and if Bitcoin implodes, what happens to Tether?

[Anonymous No.52865325]

>>52864341
This, but lunc

[Anonymous No.52865349]

Binance has proven reserves, should of closed those shorts bobo

[Anonymous No.52865359]

>>52865032
Wasn't there just an analysis that showed the binance's assets were 102% collateralized? If so, then they aren't "solvent." They can only cover about 98% of their purported holdings. A run will destroy them and leace 2% of their customers holding empty bags.

[Anonymous No.52865371]

>>52865145
kek

[Anonymous No.52865427]

>>52864100
Why people are worried about whether binance has bitcoins available for withdrawal instead of legal tender to back those toy currencies?

I would be more worried about the solvency and liquidity of binance instead of how much BTC do they have.

[Anonymous No.52865508]

Very jewish thread lmao.

All their activity lately is long term terrible for them as everyone has their eyes on the jew now. We're all seeing that ratty curly black hair, those non-sentient beady dark eyes. The pilpul. Like an infection suddenly erupted we realize the disease.

[Anonymous No.52865516]

>>52864163
72 more hours

[Anonymous No.52865579]

>>52865359
That was crypto.com and 102% collateralized means that they have 102% of the user deposits. That means they can cover the entire amount and have 2% left over

[Anonymous No.52865633]

I wonder if binance is forced to buy BTC right now since BTC is pumping harder than ETH, which is unusual.

[Anonymous No.52865686]

>>52864163
>Binance will fail in the next 72 hours
Why? Present some evidence of this please.

[Anonymous No.52865709]

>>52864163
>they want to hold them long enough to get rich before exchanging them for something else
That's literally gold.

[Anonymous No.52865756]

>>52865359
>102% collateralised
>not solvent
huh?

[Anonymous No.52865794]

They are using their most powerful tool, the media, to try to take CZ down. I'll laugh if he survives this.

[Anonymous No.52865903]

Why can’t one rich anon bless this thread with a new glass node pic

[Anonymous No.52866139]

>>52865903
This is Binances major exchange wallet (Not reserves)
https://bitinfocharts.com/bitcoin/address/bc1qm34lsc65zpw79lxes69zkqmk6ee3ewf0j77s3h

They have another 315k BTC in reserves that i can find quickly

[Anonymous No.52866159]

>>52865794
Keep in mind that CZ obliterated FTX in two days with one twit and by actually moving some of Binance's funds. These cunts have all msm outlets working non-stop against CZ for more than 2 weeks now and still haven't managed to cause significant effect. Whoever is actually withdrawing from Binance hasn't caused yet a dent in their structure. It's also the worst time to sell BTC. If Binance or whoever is buying large quantities of it to cover withdrawals, they're doing it at less than half the price. So all in all, it's a pretty retarded strategy.

[Anonymous No.52866162]

>>52866139
so 6 days? not even 2 more weeks?

[Anonymous No.52866236]

>>52866162
Yeah you're dead right, that rate of 1600 BTC per hour is clearly linear in that chart, you can obviously see it would never reduce or vary in any significant way

[Anonymous No.52866403]

>>52865794
SBF had too much of the Gaddafi about him, CZ is much more like Assad.

[Anonymous No.52866405]

>>52866236
if a bank run occurs you can expect the withdrawal rate to exponentially INCREASE as fears grow.

[Anonymous No.52866419]

>>52866405
is a coordinated bank run not already occurring?

[Anonymous No.52866480]

>>52864163
>>52864163
That's because "bitcoin" in no way resembles the whitepaper. It was never meant, nor designed to be, a "SoV" or inflation hedge - which is why it fails tremendously at it. Buy BSV, withdraw to a wallet, and log out for a few years. Simple as.

[Anonymous No.52866518]

>>52866480
>bitcoin never hits a scale ceiling
LOL what meth was this faggot on? why do people worship this mans words as if he is some infallible god?

[Anonymous No.52866556]

>>52866480
Bitoin cultist are mentally challenged.

[Anonymous No.52866569]

>>52866518
It doesnt. Real bitcoin is already outperforming every scam L1 and Visa/Mastercard today, right now.

[Anonymous No.52866589]

>>52866569
All crypto beats Visa/Mastercard. You know final settlement takes weeks right? Sorry I know you don't understand much, given that you shill BSV

[Anonymous No.52866623]

>>52866589
this

[Anonymous No.52866660]

>>52866589
In function and cost they do not. Especially core. Can you name any that outperform BSV?

[Anonymous No.52866736]

>>52866660
>function
?
>cost
You dont notice the tx fees because your bank pays them
>Can you name any that outperform BSV?
Everything, BSV is a ghostchain with bloated txs. Even if it was a technical masterpiece it wouldnt matter, you lost the blocksize wars, cope

[Anonymous No.52866758]

>>52866736
>Even if it was a technical masterpiece
>even if
It is. It just followed the whitepaper.

[Anonymous No.52866838]

Where should I move my bitcoin too? I googled and it was just shilling ledgers or paper wallet but I'm not technical enough. What's a good wallet I can just download?

[Anonymous No.52867731]

>>52866838
you should buy a hardware wallet... stop being a kike... but if you want a software wallet you can use electrum but be careful... try to use an old laptop you have lying around just for this purpose

[Anonymous No.52867819]

>>52864100
What a fucking hond joke

[Anonymous No.52867860]

>>52867731
Thanks anon, I don't really have enough btc to warrant a hardware wallet but I do have an old laptop I can just do a fresh install on