/biz/ - Business & Finance

cz is so rich wtf.

Spit S

HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT

>>13554496
so they lost 4% and cz did quick maths in his head wrong wow gret evidence bitfinextarded

>>13554496
Buy coinmetro.
LINK/EUR s o o n

>>13554496

I knew the tether FUD wasn't enough for these banker fucks now they are going HARD at bitcoin.

>>13554496
Oh no no no no

>>13554496
The exchange will use its Secure Asset Fund for Users (SAFU fund) to cover the loss, which won’t impact users, according to the notice.

The fund consists of 10 percent of all trading fees absorbed by the exchange, and was initially launched to protect Binance’s users “in extreme cases,” according to a previous notice. It is stored in its own cold wallet.

“In this difficult time, we strive to maintain transparency and would be appreciative of your support,” Zhao said Tuesday.

He concluded the note by saying he would participate in a previously scheduled Twitter “ask-me-anything.”

Fuck off bobo all is fine. The price is recovering as we speak.

>>13554542
Nah, every exchange has been hacked, including Coinbase. Funds have been taken from every single exchange, the exchanges just trickle out info when they are forced to. If its small enough they just act like nothing happened each time.

>>13554580
You know who will be able to withdraw from Binance? Insiders.

They get to sell their coins, while you're stuck on Binance. They get to capture the liquidity that does exist. Good luck out there.

We can't have outsiders dumping their bags, now can we?

There’s at least 188,000 Bitcoins on Binance that won’t be able to be sold for real money for the next week. I sure hope there’s not a big unexplained crash in prices before Binance allows withdrawals.

>>13554496

someone explain instead why xrp is green vs btc on binance

ITS ALL FUCKING GONE REFRESH UR FUNDS ITS ALL GONE WAHT THE FUCK ALL MY HARD EARNED MONEY FUCKKKKKKKKKKKKKKKKKKKKKKKKKKK

Bitfinexed really is retarded, isn't he?

they said 2% of their HOT wallets. they have other cold wallets im sure

>>13554654
no its 2% of their total , read it again nigger

>>13554649
either that or paid to fud but probably just retarded

>>13554496
I feel safe here

>>13554691
>bingo.jpg

>>13554496
Yeah, we'd need some clarification on this from Binance's part.
I don't trust CZ one bit.

>>13554496
Of course they are running a fractional reserve system, probably the reason btc rises is when people withdraw and exchanges have to make up the difference.

>FUNS ARE NOT SAFU

>>13554557
Low-IQ gambler Alex Jones

>>13554496
Bitfinexed is a moron

>>13554649
Clarify why he is in this situation?

who would have guessed that anonymous, immutable transactions of money would result in fraudulent activities

I highly recommend Dex. Resistance Dex is one I believe they will do good

>>13555403

But isn't losing all your money a small price to pay in order to support a system with no checks and balances?

>a chink scamming

wow who could have seen this coming?

I feel safe here

>>13554528
No, this money belongs to the gullible fools who put their bitcoin/shitcoins in Binance. However, CZ could up and run with it, which he likely has been doing in small increments.

>>13554580
Yes, very transparent to say the exchange was undergoing mantience then admit it was hacked when the pressure was on. Now nobody can withdrawal from Binance for atleast a WEEK. This was no ordinary hack.

>>13554587
True to varying degrees.

>>13554587
Exactly like banks. Except they almost never leak the info.

>>13555701
except its impossible to hack money from a bank

>>13554496
This situation is exactly why I will never buy crypto anywhere but RH. I just couldn't ever trust such pajeets to securely handle my money, let alone actually pay out when I want to cash out. Sure, I'm missing out on the lastest shit coin, but my funds are safu.

>>13555719
HAHAHAHAH OH BOY I WONDER WHO'S BEHIND THIS STATEMENT

>>13555719
there's no way you're this stupid

>>13555719
((( )))

>>13555767
>>13555775
ok then morons, you hack 10 millions from a bank. where do you send those money? to another bank??? lmao retards. funds will be frozen in 3 seconds and you will be getting raped by jamal in prison for the next decade

>>13554496
wow this is way better than using banks

>>13554557
They already own BTC via Blockstream and LN.

when will withdrawals be continued?

>>13555489
KYS. You wouldn't send the shittiest of shitcoins there if you had any clue how incompetent and insecure their seizure inducing web site is.

I've had to show their retarded "developers" 6 times now how to unfuck their daemons and wallets of my project and several other projects they have listed.

>>13555826
one week allegedly

>>13555533
Eh, it's standard to SHUT IT DOWN, while you figure out wtf's going on, and stop a hack in progress.

>>13555719
Nobody can hack money from my cold wallet.

>>13555844
Shutting down systems for a week is far from standard operating procedure. Infact, I have not seen a shutdown on an exchange of this size since GOX.

So crypto is just another kike scam?

>>13554597
>I sure hope there’s not a big unexplained crash in prices before Binance allows withdrawals.
yeah were fucked

>>13555839
source?

this is why I wanted omise go to work.
we need scaled dexes for crypto to work.
these centralized exchanges are like shitty banks.

>>13555877
Omisego is literally another chink scam, how do they keep fooling you retards?

>>13555830
Is your project a Turtlecoin fork?
Those cryptonote coins are shitty as fuck, binance even delisted bytecoin.
BTW, are you ready to pay satoshi for the rights of using his code? He owns the patents

>>13555869
Go look at cz's twitter

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>13555865
No, exchanges are. Literally CSW is right.

>>13555905
it doesn't say the shutdown is for one week but the security review is

>>13555930
Bro read the next fucking sentence. Jesus christ

>>13555719

>>13555893
what coin? I have never even heard of a turtle shit coin

Well that’s annoying. I have some linkies on there, not much but would be kinda annoying if they got lost. Still got my main stack off exchanges though.

We shall see if we will finally get chinked by this man.

>>13555793
>what is offshore haven

>>13555889
I don't care if it is anymore.
We need a permissionless, wallet to wallet dex. And nobody else seems interested in making it a reality.
No more bribery for listings. No more hacks. No more fractional reserves. No more trusted 3rd parties.
There's a reason Vitalik spent so much blood sweat and tears on it.

>>13555914
You should have listened biz. There is still time, well, maybe not if you are on binance and bitfinex, in that case, better luck next time.