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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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6250612 No.6250612 [Reply] [Original]

Another $100 billion dip incoming.
https://www.reuters.com/article/us-southkorea-bitcoin/south-koreas-major-cryptocurreny-exchanges-raided-by-police-tax-authorities-idUSKBN1F002B

>> No.6250661
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6250661

FIRE SALE TIME
INTERLINKED

>> No.6250670

fuck it's real, have a bump

>> No.6250710

what coins are popular in korean market?

>> No.6250718

>South Korea's major cryptocurreny exchanges raided

>“We were asked by the tax officials to disclose paperwork and things yesterday,” an official at Bithumb said

Nothing like a needlessly panic-inducing headline to cause a good selloff

>> No.6250721
File: 90 KB, 721x713, korea.png [View same] [iqdb] [saucenao] [google]
6250721

>> No.6250757

FUC KFUCK FUCK WHERE DO I PUT MY COINS

>> No.6250796

>>6250612

how do we make money off of this ?

>> No.6250800

Should I sell my ICX, or is nobody gonna give a shit? My gut doesn’t give a shit, so I’m presuming other people don’t feel too bad about this either? I could be wrong. In fact, I probably am.

>> No.6250811
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6250811

Holy fucking shit, if this is true it's the end for crypto for a few years...

>> No.6250816

FUCKING KOREANS REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.6250817

>>6250796

You short.

>> No.6250831

>>6250796
buy the dip

>> No.6250847

>>6250718
Yep... unfortunately...

>> No.6250859

>article not found
epic op, simply epic

>> No.6250864

>>6250710
All of them, Koreans love shitcoins
Ripple is gonna get crippeled again

>> No.6250868
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6250868

SHORT EVERYTHING NOW SHORT EVERYTHING NOW SHORT EVERYTHING NOW SHORT EVERYTHING NOW SHORT EVERYTHING NOW SHORT EVERYTHING NOW SHORT EVERYTHING NOW SHORT EVERYTHING NOW SHORT EVERYTHING NOW

>> No.6250892

You think the hit from this will spread beyond the Korean exchanges?

>> No.6250906

>>6250800
Most people don't even read this shit

>> No.6250955

>>6250892
Well seeing how the crash in the last 48 hours or so was set off purely by coinmarketcap doing something stupid I would have to say yes.

>> No.6250982
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6250982

OP IS FUDDING HE LITERALLY JUST MADE THAT ARTICLE. DON'T BELIEVE IT.

>> No.6251002

>>6250612
coinmarketcap by taking the korea exchanges off should keep further dips

>> No.6251018

>>6250859

its fucking real you dip shit its fucking gonna drop fucking HARD

https://www.reuters.com/article/us-southkorea-bitcoin/south-koreas-major-cryptocurreny-exchanges-raided-by-police-tax-authorities-idUSKBN1F002B

copy and paste again you asshole

>> No.6251046
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6251046

>>6250612
this might get good

>> No.6251180

unironically buys more ETH

>> No.6251241

>>6251180

Who buys ETH ironically? It's going to surpass BTC in a few months.

>> No.6251288

Keep in kind Korea had outragous premiums on their crypto already, even if they crash a bit it might not cause much more dipping outside of Korea (other than anything that would have happened anyways).

>> No.6251350

>>6251241
dumb comment of the year

>> No.6251353

>>6251241
i know that, that's why i doubled down and now my ETH is 60% of portfolio, with intention to get more once BNB burn occurs and i can sell that off at a 50%+ gain

maybe used the wrong word, not sure what unironically actually means - just saw neets use the word on /biz/

>> No.6251523

WAIT GUYS.

IF THIS IS TRUE, THEN KOREANS ARE GONNA CONVERT THEIR SHITCOINS TO BTC

WHICH MEANS BTC WILL PUMP

AM I WRONG?

>> No.6251573

>>6251353
The very fact I’m not 100% sure you’re a troll or not means I have already lost to you.

>> No.6251873

lol Cripple is going out of the top 10 on this.

>> No.6252013
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6252013

I'm genuinely scared

>> No.6252137
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6252137

>>6250955

Wait what? What did they have to do with the plunge?

>> No.6252176
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6252176

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA my monopoly money!!!!!!!!!!!!

>> No.6252208

>>6251523
No they will convert to Eth because they aren't retarded and don't want to pay huge fees.

>> No.6252241

lol at the agp video card and stick of laptop ram in the pci slot

>> No.6252262

>>6252137
They don't include gook exchanges in their price averages that is displayed on CMC. It looked like the price "dropped" so everything tumbled.

With this in mind, if gook prices drop now they aren't included on the cmc average price so perhaps it won't drop due to people not realizing what has happened. Just a thought though it may be wrong.

>> No.6252385

>>6250710
Kucoin is korean correct?

>> No.6252471
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6252471

>>6252241
I saw the AGP card but missed that stick of ram.

>> No.6252627

>>6252385
Nope, Hong Kong ching chong.

>> No.6252662

>>6252385
Hong Kong. "The people's exchange" didn't hint to you that it's in China?

>> No.6252665
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6252665

>>6252137

>> No.6252751
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6252751

>>6252665
>>6252137
wrong chart

>> No.6252802

>>6250612
> """"""raided""""""

my sides

>> No.6253443

looks like we're getting another drop. Might be related to this news

>> No.6253551

>>6253443
Dat big red candle

Just like yesterday

>> No.6254274

Good, let's buy the dip.

>> No.6254391

>>6251002
Based

>> No.6254601
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6254601

Oh my fucking god we're getting JUST'd again. xd