[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 815 KB, 1284x1321, 5EE44F11-F085-4C43-BB4A-75F88AA2BFF3.jpg [View same] [iqdb] [saucenao] [google]
52555402 No.52555402 [Reply] [Original]

Genesis bankrupt

this is literally 80x bigger than FTX

lol
rip cRyPtO bRoS

>> No.52555428

just read

https://twitter.com/blockworks_/status/1594814379563917329?s=46&t=zaR22AXALLi-1YMDqipIvQ

they already tried begging for new money multiple weeks now

nobody offered

game over you lost

>> No.52555435

>>52555402
dood this is huge. even bigger than mark cuban unfollowing all those literal who projects.

>> No.52555437
File: 499 KB, 881x569, cryptokikelvl99.png [View same] [iqdb] [saucenao] [google]
52555437

>>52555402
who? I heard about genesis mining btw, is it the same or some scam jew ((((capital)))) again?

>> No.52555491

literally over

more than $280,000,000,000 billion to be dumped soon

>> No.52555517

>>52555491
why the fuck does it add the word when i type out large numbers
chink ai

>> No.52555831
File: 479 KB, 493x342, 1663586844205226.gif [View same] [iqdb] [saucenao] [google]
52555831

>>52555402
>>52555428
>>52555491
>>52555517
Kike, you posted 4 times in your own bullshit FUD post.
literally kys, being angry because you are a wagie and missed out on crypto is no excuse for this type of nigger post.
I mean at least if you were getting paid to FUD I can understand but just fudding out of jealousy and being a nigger so cringe.
Screenshot this so you can cope and seethe when BTC is well over 100k and you still work at Amazon
kek.

>> No.52555868

>>52555402
You will never get my bits Jew!

>> No.52555916
File: 71 KB, 515x509, 1649348344848.jpg [View same] [iqdb] [saucenao] [google]
52555916

>>52555402
Not fucking selling

>> No.52555943

>>52555402
>>52555428
>>52555491
>>52555517
Lmao reddit tourists are getting really uppity

>> No.52555954

>>52555402
CeFi dominoes are dead, good riddance, long live DeFi

>> No.52556049

They suspending their lending program, so no more lending for a while.

This isn't bankruptcy, this is exagerated fud

>> No.52556073

>4 posts by this butthurt redditor

>> No.52556079

>>52555868
>>52555916
This

>> No.52556084
File: 2.15 MB, 2800x3560, 1645194953590.jpg [View same] [iqdb] [saucenao] [google]
52556084

>>52555402
Get it through your fucking head Rabbi
>NOT
>FUCKING
>SELLING

>> No.52556189
File: 60 KB, 331x395, 6438D570-88F7-4943-B5D0-AD59D267C493.png [View same] [iqdb] [saucenao] [google]
52556189

>>52556084
Crypto will make me rich

>> No.52556206

>>52556189
>will
ROFL

>> No.52556429

>>52555954
CeFi:
>sorry we lost all your tokens because we gambled with them

DeFi:
>Sorry we lost all your tokens because we were hacked

>> No.52556487

>>52556429
CBDC:
>sorry all your tokens work, but now we see everything
>we've seen it all

>> No.52556506

>>52555402
>Genesis bankrupt
Literal WHO? kek

>> No.52557692
File: 159 KB, 1284x296, AC4B1303-33DA-48F9-9226-49D77C2C0418.jpg [View same] [iqdb] [saucenao] [google]
52557692

>>52555402

>> No.52557719

>>52557692
CZ with the coup de grâce boot to head.

>> No.52557884

the problem is, all the cryptards are going to exit one cex to another cex (binance), which is just as shady, and will be lucky to survive until spring

>> No.52557919

>>52557692
>>52557719
He will be the last man standing on shit mountain with 30 cent bitcoin.

>> No.52557921

>>52557884
>and then there was one
final boss
then anyone who actually cares about crypto tech at all can get on with it

>> No.52558163
File: 500 KB, 1310x532, 20221122015231000386.png [View same] [iqdb] [saucenao] [google]
52558163

>>52555402
>all these exchanges that sold people bitcoin that they didn't actually have collapsing will collapse crypto for good
the only reason this is happening to crypto IS the epic accountability of bitcoin. this same things goes on with every asset on earth but exchanges get away with it because people can't redeem them in any significant amount, unlike crypto.

>> No.52558257

>>52557921
yep, they're sure to toss their money into the cayman islands after all this

>> No.52558396

>>52555402
now that BTC is impossible to mine due to electric bills and low value, one Exchange per week dying and mulitple ponzis, crypot will finally be what it always was, a security technology to confirm transactions.

We shouldn't have but value into these transaction tokens, they are just to confirm usage of Blockchain BTC, ETH, etc... are all worthless.

Only tokens worth anything ate Security tokens that give ownership over commodities, gold, Dollars, etc....

And even these tokens have a lot of ponzi actors.

What i mean is, do you pay to use whatsapp? Do you pay to use instagram? Do you pay to make digital money transactions? So these tokens L1 and L2 should all be penny worth, and NFTs and transactions should be down on Stables, the only one I see secure is DAI/XDAI .

Code > Money printer USDT and USDC and all other stables.

>> No.52558403

>>52558257
you misunderstand me. i want everyone who uses CEXs to lose it all. so they can fuck off into the night, and never return. CZ is next.

>> No.52558500

next is Binance, when people start evacuating CZ wont be able to hold Dubai taxes on crypto

>> No.52558680

>>52558403
me too

exchanges were always doomed to fail, crypto and fiat dont mix

>> No.52559080

>>52558680
exactly. and people can call me hypocritical, because i originally got in through a cex, it was basically my only option. i have redeemed about 100 each from two different cexs, just to see if it was possible. it was, at the time. everything else i put in, is still in. when all the fiat and cex bullshit is gone from crypto, i will think about spending my crypto, but it will never be through their system.

>> No.52559128

>>52555831
>when BTC is well over 100k
TWO WEEKS

>> No.52560906

>>52555831
this guy is truly enraged. i loe these copium posts. keep going my summerchild.I feed on your loss

>> No.52561360

>>52555954
non custodial platforms are dope as users have full control of their crypto assets

>> No.52561393

I sold everything. I'm done

>> No.52561545

>>52558396
>What i mean is, do you pay to use whatsapp? Do you pay to use instagram?
I get your point but for these examples (You) are the product. Your data is worth far more than a service charge.

>> No.52561557

>>52555831
Your level of anger is exactly what means crypto will dump further.

>> No.52561868

>>52556506
They were the main lenders on pretty much every cex. People who used the Earn feature on Gemini are now fucked for example. You wouldn't know of their name before today but they've been in the shadows this whole time.

>> No.52561879

Why don't cryptobros just make a DAO and throw in their stables, Genesis dying means crypto dying

>> No.52561889

>>52555831
>BTC is well over 100k
lol yeah just like how you were saying btc will be 100k by december 2021

>> No.52561962

>>52555402
It's completely, unironically, literally over.

>> No.52563330

>>52558163
>people loose all their money
>the only reason this is happening to crypto IS the epic accountability of bitcoin.
gee, thanks buttcoin

>> No.52563362

>>52555831
>fudfudfud
Time to get a real job now faggot because your internet money will be worth less than toilet paper soon

>> No.52563380

>>52555402
Literally who?

99% of crypto is Binance everyone is just noise

>> No.52563383
File: 152 KB, 1000x1000, 1664446595900985.jpg [View same] [iqdb] [saucenao] [google]
52563383

>>52555402
This looks like contagion to me.

Ready to slurp those sweet 10k btc.

>> No.52563397
File: 141 KB, 1124x1406, 1668393132647175.jpg [View same] [iqdb] [saucenao] [google]
52563397

>without new funding

How about the OLD funding that you already had and lost, EH?

>> No.52563407
File: 95 KB, 828x813, 1669095031697060.jpg [View same] [iqdb] [saucenao] [google]
52563407

>>52556084
https://m.youtube.com/watch?v=rH-zwicySQE

>> No.52563408
File: 147 KB, 452x486, slurp.png [View same] [iqdb] [saucenao] [google]
52563408

>>52563380
>99% of crypto is Binance everyone is just noise

Way to go for a "decentralised internet currency", fuck central banks ima right?

>> No.52563417
File: 179 KB, 1325x614, 20221122093319000389.png [View same] [iqdb] [saucenao] [google]
52563417

>>52563330
>it's much better when exchanges can keep pumping out artificial assets to cover the cost of irresponsible behavior by taking away from those who actually hold their assets securely

>> No.52563452

>>52557692
>>52557919
>>52557719
Lol. CZ actually seems to be the smartest out of the lot. I'm sure he's already moved alot of his wealth out of crypto.
Now he's just watching them all die till he's the last man standing and master of all crypto.
The market will be smaller by then but who cares. You have absolute power

>> No.52563995

Every week a lower low for Bitcoin

Keep malding
Not even your Saylor faggot can help you now as even they say it will dump below $10k

>> No.52564089

>>52563995
The fact literally everyone is calling for sub $10k makes me think it will never happen.

>> No.52564106

>>52564089
The fact literally everyone is buying the dip makes me think it will go much lower

>> No.52564202

>>52555402
what the fuck. I just did the calculations and this is 10000x bigger than FTX. prepare your asses cryptochuds

>> No.52564213

The doompening will continue until Bitfinex is dead.

It's no longer about morale but I hope you've had a great 2020-2022 crypto cycle.

>> No.52564233

>>52555402
They're all backed by fake internet funny money which is backed by more fake internet funny money. Every crypto "exchange" is bankrupt

>> No.52564466

>>52564202
>I just did the calculations and this is 10000x bigger than FTX.
Please show them to us.

>> No.52564480
File: 870 KB, 1323x858, file.png [View same] [iqdb] [saucenao] [google]
52564480

>>52555402
Good, more posts like these.
I want more.

>> No.52564497
File: 669 KB, 994x995, 1669108282382464.png [View same] [iqdb] [saucenao] [google]
52564497

Caroline's bond is due. She's gotta do the 5Guys combo on the Bitfinex Exec. We all know what happens after that.

@Spacegoat get your LARP outfit on, you've got a total crypto apocalypse to instigate and we're getting our shorts ready.

>> No.52564502
File: 15 KB, 410x357, 1616059085120.jpg [View same] [iqdb] [saucenao] [google]
52564502

>>52563452
>Have enough patience and forethought to not literally scam your customers by gambling with their money
>You are now the smartest person on Crypto Space.

>> No.52564504

>>52555402
the fact that your laws allow for institutions that hold customer funds to suspend withdrawals is outright criminal. >Yeah we fucked up goy but we'll keep your money to pay Ezra and Chaim first you'll understand right?

>> No.52564512

>"We have no plans to file bankruptcy imminently," the spokesperson said by phone and by email. "Our goal is to resolve the current situation consensually without the need for any bankruptcy filing. Genesis continues to have constructive conversations with creditors."
It's over.

>> No.52564538

>>52564089
really, it makes me think this whole thing is scripted.

>> No.52564568

>>52564502
That's about it. I'm sure he knew how much of the scam the market was and knows Ponzi schemes can only last for so long.
All he has to do to be successful in this retard market is to literally just conduct your business like a decent human being.

>> No.52564591

>>52564504
Hey. It's completely legal. Corporations are structured so all the guys at the top get to pull out first. The investors on the floor get the scarps if anything.
That's how the market has accepted it to be. Stakeholders before investors or some shit like that. That's why your at the back of the line during a bank run

>> No.52564606

my fellow cryptard sisters, WERE DONE FOR, DONE FOR I SAY

>> No.52565414

>>52555954
Yeah! Defi keeps trending. Good to have Dex tokens at this time. The likes of TWT, OSMO, LOOP on Juno.

>> No.52565698
File: 32 KB, 678x446, 276DB879-F628-4574-8C98-CC9A9F02D493.jpg [View same] [iqdb] [saucenao] [google]
52565698

FREE JOE BIDEN! STOP THE FAKE NEWS!

>> No.52565713

>>52555402
>Genesis bankrupt
This is good. All these centralized hosts are trash and anti-crypto.

>> No.52565921
File: 7 KB, 213x236, 911wj.png [View same] [iqdb] [saucenao] [google]
52565921

>>52565414
Uhhh yeah guys, just stake tokens for sweet yield!

>> No.52566014

>>52563452
>Lol. CZ actually seems to be the smartest out of the lot. I'm sure he's already moved alot of his wealth out of crypto.
Now he's just watching them all die till he's the last man standing and master of all crypto.
The market will be smaller by then but who cares. You have absolute power

boomer here, your post reads the same way how people described amazon and jeff bezos back in the mid 00s-early 2010s
get ready for this guy being a literal boglord next decade

>> No.52566039

>>52563362
kek seething wagie remember to ask your boss for permission to keep existing today

>> No.52566046

>>52558257
do you even understand how bitcoin works lmao

>> No.52566094

>>52566046
>embezzling money isn’t possible bruh
Sbf is still a free man outside of israel

>> No.52566103

>>52566014
>get ready for this guy being a literal boglord next decade
Lol but Amazon is still expanding whilst destroying small businesses.
They're currently in court I believe for screwing over their "partners".
They're only now expanding into my country.
It took bezos his whole life to nearly take over the American market. Don't expect him to just rule the world with the snap of a finger.
His time will come

>> No.52566109

>>52566094
>schizo can't even read
lol

>> No.52566120

>>52556429
On the bright side, I've gotten enough airdrops and ponzi apys on defi that any hacks I suffer are just drops in the ocean. I simply collect my apy and sleep through the bear market.

>> No.52566425

>>52555954
>DeFi
more like DiNO, Decentralized in name only

>> No.52566534
File: 32 KB, 680x680, 1652252297998.jpg [View same] [iqdb] [saucenao] [google]
52566534

>>52564502
>>52564568
>All he has to do to be successful in this retard market is to literally just conduct your business like a decent human being.
So that's why every single jew fails? We might have found a market that has an inherent natural selection bias against jews succeeding? I fucking love crypto.

>> No.52566559 [DELETED] 

buds, throw away ur ideas. They're trash. join Bspin.

> Strong casino with a BTC as the playing currency
> Huge Giveaway with 15,000$ Prize pool.
> Fast deposits with variety ways.

>> No.52568210

>>52558396
>now that BTC is impossible to mine due to electric bills and low value
ASIC miners are a plague, you never actually needed a supercomputer to mine Bitcoin, it's just the competition for who gets to mine the block. Some shitskin in India could comfortably mine Bitcoin with a $500 laptop. if all the ASIC faggots died in a blaze and the network would be better for it.

>> No.52568844

>>52555831
Anger is phase is fully engaged

>> No.52568901

>>52556487
CBDC
>sorry we coded it in Fortran and chinease hackers changed 1 to 0 and now out entire civilization has colapsed
>we now need a great reset

>> No.52568959

>>52564504
>Yeah we fucked up goy but we'll keep your money to pay Ezra and Chaim first you'll understand right?
And another 2 billion people are violently redpilled

>> No.52569092

>>52564591
stakeholder is the american word for oligarch

>> No.52569120

>>52563330
>loose
Sub 100 IQ detected
Read a book, nigger

>> No.52569490

>>52555831
nice argument retard
moonboys gtfo

>> No.52570510
File: 127 KB, 420x420, xmr-pepe.png [View same] [iqdb] [saucenao] [google]
52570510

>>52555402
>>52555428
>>52555491
member when you all shat on monero for not being listed on all these exchanges?
heh, feels good having zero exposure to these lizard people. probably a coincidence we are outperforming BTC and ETH YTD.
>and we will continue to outperform them as the CBDC nightmare dystopia comes to fruition.