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/biz/ - Business & Finance

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2202620 No.2202620 [Reply] [Original]

> bought ETH on Coinbase with bank account
> price has tanked
> transaction still hasn't cleared
> pull all money out of bank before transaction clears
> transaction gets declined for insufficient funds

is this a solid strategy?

>> No.2202630

>>2202620
You're going to get banned from Coinbase.

>> No.2202634

>>2202620
They know where you live.

>> No.2202636

>>2202630
who gives a shit? Coinbase sucks jew cock anyway

>> No.2202649

>>2202620
So basically you bought at ATH like an idiot and now you're acting like a dumb nigger.

>> No.2202665

>>2202620

Honestly, just leave /biz/ out of this shit, you filthy degenerate.

>> No.2202666

>>2202649
I'm asking for opinions on the legitimacy of my plan faggot

>> No.2202679

>>2202634
Coinbase or (((they)))) ?

>> No.2202693

>>2202620
Do it OP, it is a great idea!

>> No.2202726

>>2202693
well I'm looking for the downsides, aside from getting banned on Coinbase and nobody has given me any.

I don't really want to do it, but I'm trying to GTFO outta Coinbase and into Gemini

>> No.2202730

all you are going to get is a permabanned account op

also, you'll most likely be banned from gdax aswell, as they own that site too

>> No.2202742

>>2202620
>How to get banned from Coinbase 101

great lesson OP keep 'em up

>> No.2202755

>>2202636
this

>> No.2202762

>banned from coinbase
>bank fee for a overdraft
>bank adds that you're a nigger to your banking record
great plan

>> No.2202774

>>2202730
I hope he ends up on some sort of blacklist to prevent him from jewing any more exchanges. Really doubt it, but it's exactly what he deserves if he pulls this shit.

>> No.2202799

>>2202762
I don't think 1 overdraft in 30 years is gonna have much of an impact haha

>> No.2202803

>>2202679
Same thing.

>> No.2202806

>>2202620
Just call your bank and tell them to block the transaction

>> No.2202814

>>2202806
won't they dig into it and investigate why I want to do that?

dunno if I can claim "hackers" convincingly

>> No.2202831
File: 52 KB, 620x413, crypto_crashed_sever.jpg [View same] [iqdb] [saucenao] [google]
2202831

>>2202774
>feeling sorry for the exchanges

Oh poor them, serves them right for getting "ddosed" and "hacked" and taking users money.

You are doing the right thing OP, go for it.

>> No.2202851

>>2202831
no shit right? all the fire and brimstone about hating der Juden and Coinbase...I wanna fuck them out of like 200 bucks and the drooling retards on /biz/ suddenly become white knights for """"them""""

>> No.2202858

>>2202636
>>2202726
Really it's for you to decide if you care. For some it is probably better to take the ban than eat the loss. If anything I think you should do it, getting banned would bar you from getting into crypto, which I think would simply end badly for you.
I wish you the best, good luck.

>> No.2202889

>>2202851
This is over 200 bucks? Is it that fucking hard to hold? Your hands are THAT weak?

>> No.2202964

>>2202889
shit is crashing mate, I'd rather throw it in ETFs instead of some pipedream to fucking Lamboland get-rich-quick scheme bullshit

>> No.2202973

>>2202636
this, just leave it behind than move on to Gemini or kraken. Idk much about kraken but it has to be better than motherfucking COINBASE. loool

>> No.2203009

>>2202973
That's my plan. I just really don't want """Them""" to come after me and Seth Rich my ass.

Also don't want to piss off my bank and get interrogated.

>> No.2203023

>>2202964
You'd rather throw that measly $200 into an ETF instead of waiting it out and diversifying with other investments? Are you a NEET, poorfag, or both?

>> No.2203038

>>2203023
dude ETH is never gonna get above $200 again

>> No.2203043

>>2202620
How many and how much did you buy in for?

ETH isn't crashing permanently so it may not be a good strategy

>> No.2203054

>>2203038
Did you just learn about crypto one week ago?

>> No.2203065

>>2203043
1 ETH for $171
2 ETH for $189

>> No.2203079
File: 32 KB, 424x353, 1472942692239.jpg [View same] [iqdb] [saucenao] [google]
2203079

>>2203054
Apparently so... this guy is willing to risk fucking himself in the ass in order to avoid taking a short term hit for a long term gain.

Weak money, smdhtbhfam

>> No.2203089

>>2203079
>fucking himself in the ass

still nobody has explained to me how this would happen

>> No.2203092

>bought in at £150

don't care tbqh 1 year+ hold

>> No.2203094

>>2203065
So you bought in for an average of $183... and you want to fuck over coinbase, yourself, and your future gains in order to avoid panic selling for a 30 dollar hit.

You are either extremely stupid, extremely poor, or both.

>> No.2203108

>>2203094
> fuck over coinbase
absolutely don't give a shit about Jewbase

> fucking over yourself
explain

> fucking over your future gains
very unlikely those gains would ever come

>> No.2203113

>>2203089
It's just extremely petty especially for that tiny amount of loss. It's already been slowly recovering for hours now.

You aren't cut out for this. Keep your day job at Subway, kid.

>> No.2203121

>very unlikely those gains would ever come

So you are saying ETH will never in future raise again?

>> No.2203130
File: 156 KB, 1280x720, 1495712566933.jpg [View same] [iqdb] [saucenao] [google]
2203130

OP im gonna let you in on a secret okay

you cant lose with crypto

all you gotta do is hold until it reaches a new all time high

which is always does

>> No.2203165

>>2203130
This, you people worried about a week or a month from now are laughable.

>> No.2203170

>>2203113
I'm just extremely miserly with my shit. It's how I got to the financial station I'm at in life.

This was play money to dip my toe in but this looks like a huge fucking bullshit scam to me so I want out.

>> No.2203229

>>2203009
You're a retard. 200 bucks isn't enough to slap your faggot face, much less "seth rich" you. Why don't you just deal with the fact that you bought in at the ATH and you have to hold until you gain some value.

>> No.2203241

>>2203170
Actually do some fucking research first before you do anything stupid or start shitting up /biz/ again.

>> No.2203285

YO BOYS

If ETH is at $165 with sell orders up to $175= $40,000 ,

If I buy all sell orders up to $175 will the price jump from 165 to 175$?

>> No.2203351

>>2203170
a perfect example of someone who doesn't deserve to have money. Money is used as liquidity for sparking business in the US, if you just sit on it you never make any. You need to take risks to come away on top.

>> No.2203355

>>2203285
yes thats how markets work