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

/biz/ - Business & Finance

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52404001 No.52404001 [Reply] [Original]

CZ started liking on fud tweets about gate, kucoin and cryptocom

Don't say you haven't been warned

>> No.52404026

I basically only have funds on Binance, a little on Kucoin and a degenerate amount of microcaps privacy coins on TradeOgre.

>> No.52404045

>>52404026
i only have funds on coinmetro, coinbase, and hardware wallet

>> No.52404071

>>52404001
It's amazing how you retards are sucking CZ's yellow schlong, his rugging will be the ultimate lesson for retards that believe in centralized "trust".

>> No.52404091

https://twitter.com/i/status/1591076135873687554

>> No.52404092

I've only got some worthless microcap coin on kucoin, so whatever

>> No.52404110

>>52404071
Funny that kucoin and cdc still operate in jurisdictions that banned binance long ago. CZ also supported FTX. You can't buy cro on binance.

>> No.52404125
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52404125

>>52404001
the mad lad is really going all in on burning the entire industry to the ground
respect

>> No.52404132

>>52404110
>You can't buy cro on binance.

Good

>> No.52404142
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52404142

Why would an cex send funds to a competitor so they can look solvent?
Thanks for the cheap cro CZ

>> No.52404145

>>52404001
Do you have the pic of the company "silver[..]" responsible for spreading cash around etc.

>> No.52404163

>>52404110
>CZ also supported FTX
Reluctantly. Binance tried to delist FTT in May but SBF talked CZ out of it.
https://www.binance.com/en/support/announcement/binance-futures-will-cancel-usd%E2%93%A2-m-fttbusd-delisting-and-launch-multiple-usd%E2%93%A2-m-perpetual-contracts-992804123d7f48d5a3824474097d46ec

>> No.52404203

>>52404142
Cause they have an alliance!! Someone post the picture of the company which name I forgot but it said Silver .. something.

>> No.52404237

>>52404001
Dumb question:
Having spend some time in /pmg/ and listened to a great deal of gold-bugs. There seems to be a consensus that the paper silver/gold is unsustainable and at somepoint comex and other dealers of silver will blowup because they can't deliver physical PM.
The theory is that this will propel the price of PM higher as there is a scramble for physical PM.

Which brings me to the stupid question, there seems to be a lot of "paper" crypto, could a scramble for "physical" crypto be a possibility? like in the aftermath of GFC where banks increased their cash reserves, if exchanges similar would increase their holdings, it would be a lot of buying.

>> No.52404263
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52404263

>>52404163
Look I like CZ. But we all know the guy is fucking ruthless and this is the time to strike to take out a huge threat.
> cz is mad cause cdc took their money out of binance.

>> No.52404288

>>52404237
>could a scramble for "physical" crypto be a possibility?
I see this as a possible outcome. Everyone floods to bitcoin because it’s the only safe haven here, especially if regulators come for stables

>> No.52404304
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52404304

Has binance published proof of reserves? How much of their centralized ponzi coin do they hold? How much is generated by their own validations?

>> No.52404374

>>52404237
>could a scramble for "physical" crypto be a possibility?

The whole purpose of crypto is that it's secure by code. Physical crypto, paper money would be need to follow the same ethos else it would be equivalent to an IOU, unreliable paper money we have now. So unless you're talking about generating QR codes for crypto (and not just wallet addresses), I don't see it happening.

>> No.52404427

>>52404304
Oh I see they have.
1/3 OF THEIR RESERVE IS BUSD AND BNB
WTF