/biz/ - Business & Finance

>>50197585
Jesuits
>inb4 "muh joooooooz!!!"

It's always been Jesuits.

These people really kept life changing coins with someone else without insurance. Holy shit

>>50197585
absolute greed to not keep $20-30k on tradfi .

>>50197688
for a 10% return they risk it all. top kek

>>50197585
Jesus Christ, people really went all in thinking this shit was safe huh????

>>50197585
I'M LITERALLY SHAKING RIGHT NOW

>>50197585
QRD, been away for a month. whats wrong with USDC

>>50198590

Nothing. Its Voyager, another centralized cefi not-a-bank-bank that stopped withdrawals.

I never even heard of three places till now “Celsius, Voyager, TerraLuna”. Imagine going in balls deep on this shit.

>>50197585
imagine a company who's foundation is a plank floating in mid-air. then imagine other companies building on the foundation of the first company, the first companies floating foundation fell and now the others are falling who built on it

We did it Reddit!

>>50197585
>what went wrong
NOT YOUR KEYS
NOT YOUR CRYPTO
NOT YOUR MONEY
Why did people not withdraw months ago? Like that USDC faggot clearly 'sold le top' but then kept his money there like it was a fucking bank?

>>50197585

i cant stand fucking yield-cucks

they're all the worse semen slurpers going

When will retards learn that 'not your keys, not your coins'? I learnt that in 2014 with MtGox

>>50197585
If you got caught in Celsius then you're a retard but you could justifiably argue it caught you by surprise.
If you got caught in Voyager then you literally watched half a dozen CeFi lenders die in a row before it got to you, and you're an absolute fucking retard.

wtf is Voyager? and how do normies put 6 figures in it???

>>50197585
If it sounds too good to be true, it probably is.

>>50197585
>What went wrong?
Issue is they still walk they earth.
>invest everything into very speculative asset
>lose everything
they played a stupid game and lost.

How many times have these people been told “not your keys, not your coins”? I’m willing to bet it’s more times than they can count. Surely it’s more than the digits left in their bank account. It’s hard to feel bad for them sometimes.

>>50198996
most accounts are asleep at the wheel. 90% dont check in on their holdings or the latest news more than once every 2-3 months. especially for APY seekers, who were eager to give their money to someone else, shut their brain off, and walk away.

>>50197667
Anon, they're the same thing

They transfered their coins to Celsius, but whom does Celsius borrowed the money? Who needs those coins, what can you even do with them?

play stupid game, win stupid prizes
or not win at all in this case lel

>>50198791
if you keep it it might go up somday

>>50199826
Not the same thing as 'faggotcoin is 90% down'. Voyager Exchange is declaring bankruptcy so all these niggers are in danger of losing all their money for realsies, straight to zero, rugpull.

>>50198688
Lmao this. How the fuck did they get roped into this? Been here since 2016 never heard of any of these until now

>>50197667
All banker outfits are literally connected you fucking retard, stop being a baby and closing your eyes and ears to the truth.

So this is what they meant by the greatest wealth transfer in history? Where does all this money go?

>>50200004
>Where does all this money go?
to anyone who sold out 6 months ago.

>>50200000

>>50199093
These are pyramid schemes it's not even an exchange issue.

>>50197585
Steady lads - deploying more capital.

>>50198767
I didn't even want to come into this thread...it was risky click indeed!

how do people even find out about these cedefi scams? let alone throw all their money in it
i've literally never heard about voyager before last week, and i spend every waking minute into this space

>>50201479
Voyager was the official exchange of the Dallas Mavericks. It was a publicly traded and well capitalized company with a big marketing budget.

T. Lost 15k when it locked. At least unlike this guy that was only about 20% of my money but still extremely painful

>>50197585
don't put all your eggs in one basket
ever

>>50197585
>tatted
>educated

>>50198791
10% a year guaranteed returns with literally zero risk, how can you turn that down?

>>50201563
>I love niggerball!
Fuck off. I wish you lost 100% now.

>>50197852
Junk bonds for the modern retard

>8% apy on your principle that's down 100%
Is this a good investment? How long to break even?

>>50198800
yeah i never understood it
they were so smug over a few % APY that most of them never even received lmao

>>50198688
Celcius was talked about a lot on here. They held a large amount of LINK and had an official partnership with LINK.
>>50201479
Like the other anon said, they were a publicly traded company and talked about by Yahoo finance etc. as legit, so it's not surprising people would take all that on face value and trust them. They also misrepresented (implied) the amount of risks they were taking were lower than in reality.

>>50197585
Also, it's hard to believe people who say this
>I had 200k staked and was also living off that money
So, they were constantly cashing out to buy groceries and pay rent? Why would you throw all your money into something only to have to constantly cash out?

>>50201957
I mean, I believe they lost their money. But I'm not sure I believe they were constantly cashing out as the only means to feed their children. I think they say that shit to make it more tragic.

>>50201479
they marketed to normies because normies are fucking obsessed with passive income but are too poor to live off of KO dividends so they just yolo into the highest APY% they see.

>>50201992
Anon you don't want to know how many people bought meth and buttcorn, put it onto cefi and used it like a credit card, and got liquidated in fact of course naturally

>>50201957
They wanted to min-max their yield while maintaining a NEET lifestyle instead of treating it as an investment and supplementing their day-to-day expenses with wagiebux.

>>50197585
>what went wrong

>>50197585
Was the 10% return worth it?

>>50202050
It works, if you know how. Celsius and the others did a good job herding normies while providing their liquidity to defi, while normies and smart players did what Celsius and co advertised, park your shitcoins and take a loan (short)

>>50202032
>>50202082
I assumed that wouldn't be sustainable and you would also be draining your initial.

>>50197585
imagine going all in a centralized ponzi platform
those idiots had it coming!

lmao @ anyone not using gemini

>>50197585
these are larps , btw

>>50201631
That "literally zero risk" doesn't seem so good now

>>50197585
>keeps his gun in a safe
>not within reach to take as many glowies with him as possible
Oh no... he's a boomer that was probably his entire life savings and children's inheritance...

>>50197585
Nating wong

>>50197667
stop buying into their tricks

not your keys
___ ____ _____

>>50197688
TradFi went through this same event in 2008.

>>50197585
imagine being such a pussy to kill yourself over something as simple as money

>>50198688
That's because you're a newfag.

It's astonishing to me that you see all these companies falling down like dominoes and you still don't see any reaction from people getting out preemptively before it happens to their exchange/lending platform.

>>50201638
Based

>>50197585
also, lmao that voyager literally gave away this dumbfuck's 205k USDC to 3 arrows, with literally ZERO COLLATERAL, to lose on massive overleverage gambling trades

>>50202315
smell my cheese?

>>50201638
You clearly can't read you retarded fucking 3rd worlder.

>>50198269
r*ddit really had to label it KEK

>>50202357
>it'll never happen to me

>>50197667
>inb4 "muh joooooooz!!!"
The people in charge of all these cefi operations are LITERALLY JEWS YOU FUCKING RETARDS

>>50202412
>NIGGERBALL! OMG!!! I MUST DEFEND!

>>50197585
Guns are for holding people accountable, not for suicide. What the fuck is wrong with reddittors?

>>50202554
they're holding themselves accountable kek

>>50202357
That's because mine is safu

>>50202579
Actually chuckled

Watching the CoinFLEX trainwreck unfold is the funniest so far

>>50197667
>it's not us goyim, it's those evil christians

>>50201957
they were trying to get the equivalent of waging 40 hours a week every month at $10 per hour, doing literally nothing and thinking "yeah this is sustainable and zero risk"

Only oldFAGS remember ishiggy

>>50201631
leave 50k there and cash in the rest.

>>50198688
>>50198791
People that do this shit are absolutely retarded.
First rule is you don't keep everything in one place.
Second rule is you don't leave more than $5K on ANY exchange that is not incorporated and based in the USA for any longer than is necessary to make the trade you plan on making.
Coinbase is really the only "safe" place... any USD stored there is FDIC insured up to $250k.

>>50202315
eat your peas?

>>50202728
anon, it's
>not your cheese

Were these lending platforms the same ones that anons on here were shilling in 2021? I remember tons of anons talking about "just buying a bunch of USDC and getting apy" since it was safe and shit.

>>50202670
200-ish thousand on coinbase, and same on gemini
but only USD, not either USDC or GUSD
so literally why do people keep it both on exchanges but also in stablecoins

>>50202066
This, I don't care how cool kikes try to make tattoos look, you'll always be a subhuman if I see tats on you.

>>50202886
Tattoos are incredibly personally meaningful you sperg

>>50202948
i bet you upvote video game tats on reddit you faggot

>>50202841
>Were these lending platforms the same ones that anons on here were shilling in 2021? I remember tons of anons talking about "just buying a bunch of USDC and getting apy" since it was safe and shit.
It was these lending platforms or as liquidity providers on defi trading platforms, in which case instead of getting rugged by a hedge fund they got rugged by impermanent loss instead.

>>50197585
>redditors contemplating suicide
is this the bottom signal?
do I buy now?

>>50202066
>>50202886
>>50202948
I must take the dirty earth and merge it into my body! Jews told me to!

make like a heath and ledger

>>50197585
Wait what happened?

>>50203207
voyager went bankrupt and everyone's assets got frozen with low chance of getting it back

>>50197667
jesuits are the jews equal under satan, they compete but are ultimately the same entity

>>50203183
>>50202886
>why can't I get a gf??? Fucking whores!fucking roasties!!

>>50203372
>I must corrupt myself for the mighty pussy! What's that? Women find amputees hot? Someone get me a saw.

>>50203407
>She made designs on her arms with ink? I am LITERALLY GOING CRAZY AHHHHH HELP ME VARG

>>50203183
What is it saying about the sea animal shit. Do american women really eat it? I am confused

>>50203619
Ambergris. Used in perfume.

>>50202328
the idea that all of your money needs a return, to the point where you risk homelessness is really funny to me

>>50201069

>>50197585
>>50197585
You think that's bad just wait until one of the really big exchanges rug pulls. It will truly be over. NEVER trust centralized exchanges. Never.

>>50197585
you cannot be a true artist without during pain and suffering. He is actually lucky this happened to him

>>50199004
they were paying 9 percent on USDC for the past 2 years. I made good money on it but I decided it was sketchy back in April and pulled everything out..never had more than 5 percent of my net worth it. Idk why people trust cefi in the first place

>>50202066
kek
tatted up reddit dirtbag

WHY ISNT SAM SAVING THEM
I THOUGHT HE WAS GOING TO MAKE THEM WHOLE

>>50197585
>Muh art career
Pigs get slaughtered.

>>50201563
Retard

>>50202080
Absolutely. Wouldn't you say Bobo?

>>50202579

>>50203837
>Joe Rotunda

>>50197585
That's me in the corner
That's me in the spot-light
Losing my religion
Trying to keep up with you
And I don't know if I can do it
Oh no I've said too much
I haven't said enough

>>50197585
i never understood how people dont go for a high score in minecraft before they end themselves. like find the ceo's username and grief him

Who keeps guns in a safe lol

They'll be fine guys, all they need is for Bitcoin to go back to 70,000 USD in a few days and they'll all get their money back, no problem :)

>>50198996
this
but then again, there are people who think tether is safe, and not long from now they'll be rugged as well

>>50201563
glad you lost your money, you are fucking stupid and like shit sport at the same time.
Family cry

>>50201563
please tell me that moron mark cuban lost money

>>50197585
>all eggs
>one basket

>>50200000
Chek'd and Miyagi-pilled:
based

>>50198269
I dont even consider my actual bank a safe place to put my money anymore kek

>>50202315
They my keys

>>50197667
anyone who thinks like you should read this (they won't cause no one actually thinks like this jew)
either way it proves jesuits are controlled by the jews the same as free masons and all other entity allowed to exist in a rothschild owned banking world

>>50202948
>t.

>>50202670
>Coinbase is really the only "safe" place... any USD stored there is FDIC insured up to $250k.
kek Voyager said the same shit, turns out FDIC insurance doesn't apply if the company goes under.

I'm new to all of this, I don't have a lot of crypto but it is stored on exodus wallet is this good?

>>50206170
Yes, never ever give your keys away. Great way to lose all your money like these tards.

>>50206170
yeah you're already better off than 95% of people.
if you're holding at least 4 figures of crypto you should get a Ledger for maximum security.
but yeah self custody is how you win in the long run. Think of all the retards who were fully prepared to hodl until the next bullrun but kept their shit on exchanges, well thousands of them just got rugged and have to start from 0. Most of them will be too spooked to come back until well after the next halving, by which time they will be priced out.

>>50200004
back ine bullmarket everyone said to stake on celcius and nexo for 10% or 20% returns, i always knew it wasnt possible

>>50201631
>zero risk until they go bankrupt and your 10% goes to zero

>>50204576
>family cry
It was grandparent cry.

>>50201703
2 weeks

>>50203512
Women with tattoos are skanks. And, often, fat.

>>50198688
this. they're just coinbase haters, but can't go wrong with either coinbase or binance. coinbase were tested and passed the test like tether had. coinbase doubled down and are expanding in europe during this bobo market. they laid off U.S. workers because they obviously hired too many, so brian and co. seem to know what they're doing, plus they've already survived several crypto winters

>>50202164
Bro if you haven't cashed out yet you deserve what's coming

>>50198791
People are retarded, some even bought hbar there but voyager wouldn't let you withdraw it

>>50203837
Got this too kek Ask him why he hasn't jailed our AG Paxton yet

>>50197585
If you are not in control of your assets directly then you have none. What absolute tards. This is why you DRS your stocks too.

>>50197585
Voyager took these idiots deposits and loaned it to a hedge fund that went under taking Voyager with it.

this is nothing. next one of the big stablecoins is gonna collapse. then the dominos will really start to fall

>>50197667
ignatius loyola was a literal kike

>>50201892
lmao these are probably the same people who got multiple chemical injections because the news app on their phone said it was safe and effective

>>50197585
>tattedandeducated
100% deserved

>>50197667
what are jesuit conversos you fucking homo

>>50203731
it's whale vomit, and it worth alot of money

>>50202670
>Coinbase is really the only "safe" place... any USD stored there is FDIC insured up to $250k.
pic related
They literally changed their terms and conditions marking users funds as collateral you fool
I'll bet you think BTC is Bitcoin too huh?
rofl

>>50202357
I moved 200k off Voyager 3 months ago.

>>50200004

nobody knows

>>50199525
Celsius went leveraged long in the markets. They paid off a maker vault with millions of dollars in btc, with deep losses. People in the celsius subr*ddit paraded and said 'see guys, out money is safe', without recognizing that that move locked inhundreds of millions of losses for celsius.

>>50202164

Only trust white chads. All slants, poos and jews are scammers.

>>50202948

If these places offering 20% interest could generate the kinds of money to pay you *and* still profit, why the fuck would they need your money?

They need your dollars to turn into things like yachts and hookers and blow. They pay you interest in their proprietary coins.

Who gives these people their life savings jesus christ

>>50203183

I don't know what this means but I love it

>>50202948
>>50203372
Cool it with the normieism

>tfw my dad shilled me both Voyager and Celsius at the peak of the bull market but I didn't buy any because they looked like boomer scams
i love being right.

>>50210466
They turned out to be the heroes. Social Network was pure propaganda

>>50197585
>Mutts have all the guns in the world
>prefer to off themselves with them instead of going out in a blaze of glory through a gathering of politicians/bankers/federal agents
No wonder that whole country is retarded

>>50204188
His guys weren't solid

>>50201892
They paid Yahoo Finance a couple thousand for a story.

I fell for that trick with CNBC and "Cloud Hashing". In 2014.

>>50198688
Unironically this. Been in the space since 2018 so not exactly old fag but I had never heard of any of them until they fell. How people found them and banked their entire savings with them I have no fuckin idea.

what about
kraken
blockchain.com
binance
coinex

safu?

I fear that the day I pull out my coins into an offline wallet, my house will catch fire turning everything to ash

It's not exactly enough reason to conclude, even though it's good to be on the watchout. Same way it's not a bad idea to watch out for those in all companies where assets are invested....

>>50197585
Damn I never put more than a few grand no where near my life savongs on blockfi but I emptied it when bitcoin crashed in May last year because they kept changing the rates and I was thinking they were starting to go insolvent. Why would you leave your money on any Cefi once celsius went tips up, theres going to be serious regulatory crackdown after this. Self custody until Avanti or Kraken get fdic insured then I will reassess risk reward

>>50211491
No, not safu. You can buy an electric engraving tool off Amazon for like 15 bucks. Engrave your seed phrase on any type of steel, aluminum, brass, etc. plate and store it in a safe or somewhere secure, a housefire is unlikely to melt steel. Keeping your coin on ANY exchange is just asking to get rugged. That isn't a paranoid hypothetical either, both insolvencies and hacks happen all the fucking time in this space.

>>50197585
These two pussies do not own firearms. I guarantee it.

I withdrew my keys from bittrex/kraken last night.
but that process really sold me on my HBAG's.
costs me $15 to wire transfer cash to the exchange and 5-7 business days to clear.
withdraw my digi money? sent thousands of dollars to my own wallet, for $0.06, and the transaction completes in under half a minute.
crypto is baller as hell.

>>50197585
Someone post the link to the subreddit so I can laugh at these tards

>>50212261
Just look for "invest_voyager" (and add the gay r-slash beforehand).
I don't relish in the downfall of others, but some people are so fucking dramatic when they had WARNING signs and alarms going off on the way down.
Some just bring it on themselves.

>>50197585
After what happened to Celsius why would you still have anything on exchange? You'd have to be actually retarded.
I saw the Celsius fiasco coming but didn't quite believe it until it actually happened, but after that there's no way I would have kept anything on exchange anywhere.

>>50212296
I don't either, but putting your entire life savings in some overleveraged CEX when you have seen multiple similar ones collapse and investors wiped out over the last 8 years just makes me think they wanted to lose all their money. Plus it's redditors and you know what they're like

>>50198791
once again for the people in the back

https://www.youtube.com/watch?v=dnC5mFaIW3Q

>>50212363
It is indeed a form of natural selection, which at this point has quantum levels of complexity and possibilities to work itself out, this being one that is entertaining.

I lost 2700$ of assets on there fuck them

>>50201563
>If I take that exchange down will you die?
>It would be extremely painful

I pulled all my money out of celsius 13 days before they halted withdrawal withdrawals so withdrawals

>>50202670
FDIC insurance is worth about as much as Iraqi propaganda broadcasts circa March 2003

>>50203066
I like this one

>>50207772
Based and Moby Dick-pilled

>>50209308
Serial con man makes noises with his mouth
> Is this the Second Coming?

>>50211757
FDIC is shit; your mattress is better insurance

>>50202886
I thank God everyday that tattoos exist. It's a great way to filter out fucking morons and trashy people.

reading through threads sometimes, I think 4chan is filled with inbred white nationalist larpers, but in reality, its just poor eastern european whites larping as americans.

Do people really not calculate the amount which they cannot afford to "invest" and just go all in?

How do you get to the point where you can invest in something knowing that you will kill yourself if it drops. RIP to all the retards out there losing their lives over shitcoining.

>>50197585
Fellas take this as a lesson and diversify your assets. Yes this man was 100% in a trusted stablecoin but he lended his coins to a literal who platform for a measly 10% apy and now you see the results.

>>50198688
Voyager maybe, but not Celsius or terra? It’s because you discovered this place a month ago

>>50202357
I moved all my shit away from CEX over the last 6 months. I don’t like having everything on a ledger but I will wait another 6 months before moving back some shit on CEX.

>>50198688
i literally used voyager once to get a free 100 usd in bitcoin they were giving out and withdrew that shit months ago from the moment I first heard about it I already knew that place was gonna rugpull retard faggots who fell for it

>>50197585
>Tattedandeducated
Choose one.

>>50216337
>uranium miners
lmao

>>50216337
Kek you'll see this guy posting on r/cuckolds in a few months

>>50197585
anybody else would feel bad if this exact post was written on here but since its a redditcuck you cant help but laugh

>>50197585
We're close to the bottom