/biz/ - Business & Finance

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binance going down w/ the ship Anonymous Sat Oct 13 21:04:49 2018 No.11391973 [Reply] [Original]

There's no way this chink isn't aware of what is going on. Which leaves one option: he's nervous. This is not good.

https://www.ccn.com/whats-causing-2-bitcoin-premium-on-bitfinex-possibility-of-arbitrage/

>>	Anonymous Sat Oct 13 21:08:11 2018 No.11391995 File: 31 KB, 438x627, Screenshot_20180412-210033.jpg [View same] [iqdb] [saucenao] [google] Make it stop

>>	Anonymous Sat Oct 13 21:48:21 2018 No.11392265 mtgox had like 30% premium when it went under

>>	Anonymous Sat Oct 13 21:51:01 2018 No.11392286 >>11391973 So do you just load pax and tusd at this point and wait? I would probably have already done that if not for the random shitcoin pumps the last few weeks

>>	Anonymous Sat Oct 13 22:08:18 2018 No.11392399 >>11392286 WTF is PAX? Stablecoin? I trust TrueUSD only.

>>	Anonymous Sat Oct 13 22:10:20 2018 No.11392410 chinks are fucking cringe

>>	Anonymous Sat Oct 13 22:14:57 2018 No.11392433 File: 38 KB, 1169x322, TrueUSD.png [View same] [iqdb] [saucenao] [google] >>11391973 Binance has a TrueUSD/Tether trading pair...They know and are ready

>>	Anonymous Sat Oct 13 22:20:30 2018 No.11392464 >>11392433 holy shit, that's absolutely nuts. wtf?!?

>>	Anonymous Sat Oct 13 22:23:35 2018 No.11392489 >>11392433 Binance has 750 million tether. If he starts unloading it he can guarantee a tether crash and his reserves going to zero. He won't switch the backbone of Binance to TUSD any time soon.

>>	Anonymous Sat Oct 13 22:24:00 2018 No.11392492 >>11392433 This legit makes me nervous.

>>	Anonymous Sat Oct 13 22:25:44 2018 No.11392501 >>11392492 I just can't wrap my head around it. 2 stable coin trading pair? for what reason?

>>	Anonymous Sat Oct 13 22:27:04 2018 No.11392509 File: 92 KB, 550x543, 8FC8D4AE-76C0-4423-BE32-8071C5121F0C.jpg [View same] [iqdb] [saucenao] [google] >>11392501 For people that want to jump from tether to this other new scam? Pic related you

>>	Anonymous Sat Oct 13 22:27:26 2018 No.11392513 >>11392501 To give choices. CZ even said he wants more

>>	Anonymous Sat Oct 13 22:27:33 2018 No.11392515 >>11392492 So... what. Does Binance go down\exit scam? Am I safe? Considering withdrawing my 4k USD worth BTC held there

>>	Anonymous Sat Oct 13 22:29:10 2018 No.11392520 >>11392509 Both of these coins are supposed to be stable at $1.00, your a fucking idiot. Why trade one for the other? Why jump from tether to this other scam? pic related might just be you...

>>	Anonymous Sat Oct 13 22:29:30 2018 No.11392522 File: 6 KB, 275x183, afds.jpg [View same] [iqdb] [saucenao] [google] >>11391973 >>11392433 What would this do to the crypto market? and binance specifically? Why would he crash his own market/exchange?

>>	Anonymous Sat Oct 13 22:29:35 2018 No.11392523 >>11392515 If Tether goes to zero it means they won't be able to give you your money if you try to withdraw

>>	Anonymous Sat Oct 13 22:30:57 2018 No.11392529 File: 12 KB, 435x338, 74F4D319-1880-411A-B35F-8AB657CEAA11.jpg [View same] [iqdb] [saucenao] [google] >>11392520 Because people were scared of tether I,plodding so they added tusd For whatever reason tusd is always 1:02 Pic related you

>>	Anonymous Sat Oct 13 22:32:54 2018 No.11392543 >>11392529 Adding trueusd to the exchange is one thing, making it a usdt trading pair is just stupid. you can't pretend like this is normal or makes sense at all. It's fucking retarded.

Anonymous Sat Oct 13 22:33:49 2018 No.11392553

>>11392529
>For whatever reason
It's because tether is worth $0.979 and not $1.00
PRICES ON BINANCE ARE SHOWN IN TETHER, NOT USD
This is because they show the trading pair (BTC/USDT) and not the actual USD amount. There is a 2% premium on literally every coin listed on a USDT based exchange.

>>	Anonymous Sat Oct 13 22:35:15 2018 No.11392560 >>11392433 motherfucker, I knew about tusd, but thought it was only traded for usdt. If I'd known there was a tusd/btc pair I would have switched earlier

>>	Anonymous Sat Oct 13 22:37:55 2018 No.11392573 File: 3 KB, 225x225, images.jpg [View same] [iqdb] [saucenao] [google] Why won't tusd or pax go to $1

>>	Anonymous Sat Oct 13 22:54:24 2018 No.11392652 >>11392501 TUSD Pairing to Bitcoin is in Satoshis, not Dollars. If BTC is high valued. It costs less sats to get a dollars worth. Exchange to Tether to buy back into BTC when it's "cheaper". There you go, now you can short without leverage.

>>	Anonymous Sat Oct 13 23:11:22 2018 No.11392740 Glad China is about to collapse. They're a nation of scamming psychopaths without a grain of honor, no good demonic subhuman gremlins. They're a cancer to human cooperation and decency.

>>	Anonymous Sat Oct 13 23:13:13 2018 No.11392755 >>11392740 binance is taiwanese though, those are good democratic chinese who lost to communists

>>	Anonymous Sun Oct 14 02:07:16 2018 No.11393770 >>11392501 DAI is the only real stable coin. Too Binance doesn't have it. Have fun losing all your money faggots. DEX and DAI is the only way to do crypto.

>>	Anonymous Sun Oct 14 02:08:42 2018 No.11393778 >>11391973 >fud another exchange for more customers god these chinks are retarded

>>	Anonymous Sun Oct 14 02:12:14 2018 No.11393794 what's the big deal tether is worth $1.02 because it's better to use than regular dollars access to the future of money markets gives a premium

>>	Anonymous Sun Oct 14 02:15:08 2018 No.11393813 File: 121 KB, 1280x720, FUNDS ARE SAFU.jpg [View same] [iqdb] [saucenao] [google] Reminder

>>	Anonymous Sun Oct 14 02:18:55 2018 No.11393835 >>11393813 reminder that bizonacci was a paid binance shill. you've been memed and chinked at the same time, faggot

>>	Anonymous Sun Oct 14 02:22:05 2018 No.11393850 File: 10 KB, 259x194, Doubtful poultry.jpg [View same] [iqdb] [saucenao] [google] >>11393835 Proof?

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