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/biz/ - Business & Finance

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28975462 No.28975462 [Reply] [Original]

>market buys $1.5B on coinbase
the sheer display of dominance

>> No.28975526

BASED. I hate Elon but this is unfathomably based.

>> No.28975639

so he hasn't used tether
hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm

>> No.28975648
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28975648

Where are they keeping the 29,400 bitcoins?

>> No.28975733

>>28975648
probably custodied at coinbase?

>> No.28975744

>>28975648
im sure he has someone who handles that shit man and probably put it in some ultra secure wallet

>> No.28975755
File: 92 KB, 601x601, 77B03BBB-D47D-4C7F-86CE-78E0A2FA9D5B.jpg [View same] [iqdb] [saucenao] [google]
28975755

>not my keys?
>but my cars are keyless

>> No.28975771

>>28975462
>didn’t even use coinbase pro

>> No.28975769

>>28975755
BASED

>> No.28975822
File: 28 KB, 500x490, 1613527968882.jpg [View same] [iqdb] [saucenao] [google]
28975822

>>28975755
BASED AND CHECKED

>> No.28975923

>>28975462
Based

>> No.28976444

>>28975526
Why do you have Elon?

>> No.28976857

>>28975462
>use coinbase
>it works
>$1 withdrawal fee is not really a big deal

why do you people keep shitting on it. It works and I don't have to jump through hoops to make my money.

>> No.28976860

>>28975648
Up my ass

>> No.28977621

>>28976857
>buy
>5% fee
>send
>fee
>withdraw more fees
>stories of people getting their wallets locked forever because they sent money to the deep web

it fucking sucks

>> No.28977733

>>28975462
He should have done it on Robinhood. Redditor's brains would rip apart.

>> No.28977776

>>28977621
I have no buy fees. I've never had to send directly through the app, I just transfer to paypal for $1. Withdrawing is $1. I am just moving it to my paypal so no deep web worries here.

Maybe they just shaft you wherever the fuck you are. In Canada it's been fine. Buying has no fees nor does converting.

>> No.28977800

>>28975462
>cuckbase
absolute cringe

>> No.28977836

>try to short sell it
>it grows
>"alright, fuck it, let's just buy and hold"
>it dumps
Schizo crypto, I believe in God.

I got only one lesson, wanna trade with profit - try bots. Waiting for Bot Ocean release to use best instruments

>> No.28977856

>>28975648
it should be like 45000 based on the prices at the time of announcement

>> No.28977899

>>28975648
On Elon's laptop with metamask on Chrome. He's using wBTC

>> No.28977905

>>28977621
You are such a fucking retard if you use Coinbase instead of Coinbase Pro

>> No.28977920

>>28975462
Coinbased

>> No.28977979

>>28977899
based shitcoiner elon

>> No.28977997

Newfag here, is it okay to purchase on blockfolio or am I being fucked?

>> No.28977998

>>28975648
2940 titanium laser engraved plates, 100BTC each, stored deep in a secure vault

>> No.28978020

>>28975744
ding ding retard alert. letting someone else handle your keys is not secure!

>> No.28978046

>>28975462
>$22.5 million fee

>> No.28978126

If people really wanted a free market they would ban all OTC secret trading. It should all be retail

>> No.28978136

>>28975462
based, i can't stand anything chinks are involved in

>> No.28978194

>>28976857
>oops we restricted your account and you cant even close it and withdraw your funds
the cases where it works are just too rare

>> No.28978203

>>28977905
I only use coinbase to hold ETH before i transfer it to MM, am I a fucking retard?

>> No.28978284

>>28975648
Put it straight into AAVE and loaned 1,4 Billion in USDT to cash out immediately

>> No.28978297

>>28975462
Boy he's gonna feel so dumb when Bitcoin dips back down to 20k or less

>> No.28978366

>>28975462
he should have used Rubic.exchange so disappointed sirs!

>> No.28978373

>>28978297
Oh Bobo...

>> No.28978376

>>28975462
wasn't the buy in january tho?

>> No.28978393

>>28978297

Right now he's rolling in cash though, and your arse is bleeding.

>> No.28978412

>>28975648
Serious question though. What if someone just got luck and guessed the seed phrase to a wallet this big? How detrimental to crypto would that be? Yes I know the odds of guessing a wallet's phrase. I'm just saying, it could happen. Why is there no additional security?

>> No.28978520

>>28978284
i mean....are we sure he didnt?

and whats to stop any 1 from doing that? god i fucking hate usury

>> No.28978525

who cares if normie fucks want to spread their ass for cuckbase as long as they're cashing out my 50x bags. thx cucks.

>> No.28978557

>>28975648
In metamask

>> No.28978563
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28978563

>>28975462
>>28975648
>>28975733
>>28977733


nOt yOuR kEyS nOt YoUr cOiNs

>> No.28978646
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28978646

>>28975526
>I hate Elon

>> No.28978682

>>28978412
the odds are 1 in more than the atoms of the universe. you are more likely to have the earth spontaneously anialate itself.

>> No.28978693
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28978693

>>28975462
How long until he dethrones Musk and Bezos?

>> No.28978706

>>28978563
True but he's rich enough to not care

>> No.28978707

>>28978412
Do you not understand how two step verification works tard? Most wallets won't let you send anything without approving it on your phone.

>> No.28978741

>>28978412
>What if someone just got luck
Why arent you able to randomly put your hands between atoms in a wall?
theres literally more chance that all the particles in a brick wall align in such a way you can place your hand through them than there is to guess a bitcoin wallet phrase

>> No.28978759

Those are OTC trades.

>> No.28978850

>>28975526
I hate him too for the Doge fiasco

>> No.28978879

>>28975462
The retard would do much better to order a fuckload of ASICs

>> No.28978915

>>28975462
>Using Coinbase's agency OTC desk and suite of routing and algorithmic trading tools, Coinbase was able to help MicroStrategy acquire its desired position without incurring market impact while beating the market VWAP [Volume Weighted Average Price] in the process

Most dealers use this to fill large orders. Not very sophisticated desu. Jump, Alameda etc are much better.

>> No.28978925

>>28978563
High net worth individuals and businesses use custodial services

>> No.28978961

>>28976857
Send your coin to an exchange to trade....there's a 3 day wait period.

>> No.28978997

>>28978520
It's what I'm doing. It's literally risk free Bitcoin exposure. Sure I can only access like 30k of my 40k but my payment for 40k of Bitcoin is basically only 10k.
And if Bitcoin goes up I can take more loans. Literally free money lol

>> No.28979062

>>28978412
there are additional protections

>> No.28979070

>>28978682
Based

>> No.28979075

>>28978412
massive buy signal
we are still early

>> No.28979100

BASED. And I dont hate Elon.

>> No.28979173

When BTC hits $10M Elon will be the richest man alive.

>> No.28979192

>>28975648
ledger nano s in his sock draw

>> No.28979200

>>28978706
this. if it's written on paper, it's good enough for now

>> No.28979266

>>28975755
Mama! There goes that man

>> No.28979312
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28979312

>>28975639
>Tether

>> No.28979313

>>28979173
Elon only has 45k Bitcoin. Michael Saylor has 70k
Winklevii have 90k

>> No.28979374

>>28979313
But after the SpaceX IPO Elon will have a net worth of $100T

>> No.28979482

>>28975462
did he at least use coinbase pro?

>> No.28979747

is the below address from Elon? seems like the right amount and timing...

3MMZmbKm9ZbM2VwqcVpG98thDP5JAhgVvb

>> No.28979864

>>28979747
>February
He bought in January. This is some other whale

>> No.28979906

>>28975462
He's going to be the first trillionaire for sure. GG Benzos.

>> No.28979966

>>28978046
>assuming he paid any fees

>> No.28980039

Y'all are retarded if you think they didn't coordinate a dump in the price before buying the dips.

>> No.28980058

>>28975462
how much did the 1.5B increase from the time they bought to now?

>> No.28980117

>>28979864

Where is this info? I can only find media reports from 08.02 (which was a monday) that he bought 'on monday'.

>> No.28980168
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28980168

>>28978412
>NEVER TELL ME THE ODDS

>> No.28980234

>>28980117
https://www.cnbc.com/2021/02/15/bitcoin-btc-price-hits-a-record-high-of-nearly-50000.html

>> No.28980432

>>28980168
That's a really weak comparison. Like it severely downplays the security of SHA-256
https://youtu.be/S9JGmA5_unY

>> No.28980561
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28980561

>>28975648
probably grimes snatch, no man is brave enough to get close to that thing

>> No.28980606

>>28980234
>https://www.cnbc.com/2021/02/15/bitcoin-btc-price-hits-a-record-high-of-nearly-50000.html

hmm, still doesn't say anything about January?

>> No.28980839

>>28980432
it says
>just to COUNT to 2^256

>> No.28980894

>>28980606
>Tesla, led by Elon Musk, confirmed that it purchased about $ 1.5 billion in bitcoin in January and expects to start accepting it as a payment in the future.
Artur Widak | NurPhoto | Getty Images