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/biz/ - Business & Finance

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52421145 No.52421145 [Reply] [Original]

few know.

>> No.52421179
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52421179

the house of cards fell in a monumental fashion, huh?

>> No.52421194

>>52421145
Literally everyone knows

>> No.52421322

>>52421194
Few understand

>> No.52421385

>Uses customers money to buy random coins
>20% reserves in shiba inu
Bankrupt soon

>> No.52422000

All in BSV

>> No.52422046
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52422046

>>52421145
kek

>> No.52422617

>>52421194
>>52421145
>>52421385
Kek, CEO is doing an AMA right now, everything is literally fine. Lots of fucked up things happening but I don't see CDC going down, looks like they have their shit together

>> No.52422639

>>52422617
Kris is that you?

>> No.52422658

>>52422617
>Bear sterns is fine

>> No.52422671

>>52421145
Exchanges were a mistake.
Should've been a closed parallel economy.

>> No.52422703

>>52422639
>>52422658
CEO just said they don't use CRO as collateral for loans, that alone should kill the FUD

Also, the CEO doing an AMA provides confidence and the only thing that matters is preventing a bank run. Search the #CRO hashtag on Twitter and you will see thousands of users posting their slurps, AKA, there is not a danger of a bank run so they will be fine. Bet me, we'll see whose right.

>> No.52422708

>>52422639
He's so desperate rn. Can't wait for the headlines "CEO of one of the biggest CEX allegedly browsing 4chan amidst liquidity crisis"

>> No.52422742

>>52421145
what's gonna be the catalyst for the panic dump?

>> No.52424022

>>52422703
Also, CDC's earn program is mandatory locked terms, meaning you can't unlock early. As in, it's simply not an option. That alone prevents a bank run type situation.

>> No.52424031

>few understand
hahah where are you faggots now, insufferable spammers

>> No.52424035

>>52424022
>They can't rug us if they don't let us sell.

>> No.52424086

>>52422742
A CZ tweet in broken English, Shibu Inu gets eaten, one fifth of their reserves disappear. Not panic, just business as usual.

>> No.52424089

>>52424035
What do you think to "rug" means? It's a shitcoin whose value was basically entirely tied to their Visa card rewards so when those get slashed or increased it'll drive the price of the token one way or the other. I was talking about the whole company going insolvent which is mitigated by locked terms and the fact that they don't use CRO as collateral for loans. Try to keep up friend.

>> No.52424113

>>52424089
Just because I don't care doesn't mean I don't understand.
You were rugpulled by Matt Damon.
https://www.youtube.com/watch?v=9hBC5TVdYT8

>> No.52424145

>>52424113
I didn't buy because Matt Damon said so lol, I've held since the last time it was $0.06, so the worst you can say is I should have sold the top which is fair enough.

>> No.52424266

>>52422617
This what the rhetoric from BlockFi right up to the last minute too.

Fuck off, cunt