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/biz/ - Business & Finance


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50252653 No.50252653 [Reply] [Original]

>be me
>be exchange CEO
>have native exchange token
>put a massive long on it
>implement token price floor so i can't lose my money ever
>nobody can cash out
No, i'm not talking about ftx or celsius.

>> No.50252682
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50252682

>not just that but I also implemented price floor thats 2x of the price that token was traded at the time
>dumping my fat 5x'ed stack on trannies that now need to take loss using margin trading to get out of my scam

>> No.50252715
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50252715

>if you thought that was all of it i can also print any ammount of my token at wish cause contract isn't locked and liquidity is all fake
>yet trannies think i'm a good guy and pray on me like i'm some sort of a good even tho i'm just a mexican scammer

>> No.50253137

>>50252653
Vague Proof or larp

>> No.50254746
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50254746

>>50252653
Major exchanges that have their own coin (cringe)
>Binance (BNB)
>FTX (FTT)
>Crypto.com (CRO)
>Bitfenix (LEO)
>Huobi (HT)
>KuCoin (KCS)
>Gate (GT)
>OKX (OKB)
Coinbase is publicly traded, so they get thrown in as well

Major exchanges that don't have their own coin
>Kraken
>Gemini

>> No.50254765

>>50252653
These socks don't even have a unicorn on them

>> No.50254812

Fuck you Kevin.

>> No.50254824

>>50252653
based cz

>> No.50254827

>>50254746

Coinex (cet)

>> No.50254852

>>50252653
>native exchange token
does this mean you can't transfer it to another exchange or defi exchange and sell it there?

>> No.50255428
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50255428

>>50254812

>> No.50255820

Is kucoin the future of exchanges?

>> No.50255926 [DELETED] 

I posted about having a heart infection because of stress and not taking care of my health when I had money, mods removed the thread without a warning.
Meanwhile OP makes a thread about being a tranny and it's fine.

>> No.50255962

>>50255926
ur retarded

>> No.50256351

Most of the thread doesn't even know what the token is and this is supposed to be /biz/...
I guess people here really do avoid "those" threads. Although they clicked the pic and posted in this one so I'm confused how they don't know...

>> No.50256643

>>50252653
Accidentally clicked on XCM on CMC today and was wondering what the hell was happening with the chart, makes sense now.

>> No.50257787

>>50256643
People used to call it a 'scam' on here...
But it turned into a scam in the most literal sense.
Sad.

>> No.50257828

So I was thinking, what would compel someone to do something like this?
Only thing I could think of other than just regular stupidity was having borrowed against XCM, using it as collateral on a loan which would get called if under a certain price.
Now there's not any defi or anything like that afaik that does that. And crypto people would see through it. But perhaps a naive bank irl who accepted some large XCM holdings of his to qualify for a large loan?

>> No.50257868

>>50257828
>bank irl who accepted some large XCM
That sounds retarded

>> No.50257954

>>50257868
Yes, it absolutely does.
But the crypto bubble was pretty retarded too. And if you own a 'legit' exchange and can convince some idiot banker that the token is analogous to stock(of course it's not...), then it's at least a somewhat plausible explanation.
More likely though is he's just being stupid and egotistical with the price floor though, I'd agree with that.
Just think that 3AC got up to 18b in AUM and apparently a lot of that was under or non-collateralized loans. Crazy world we live in.

>> No.50257975

>>50257954
I don't think anyone is as stupid as you

>> No.50258321

>>50257975
I agree.

>> No.50259699

Kevin betrayed us all. I've lost 10k eur that I wont be able to sell ever again

>> No.50259893

>>50252715
>mexican scammer
I was 100% sure you were talking about XCM/Coinmetro until this. Kevin's not Mexican