Crypto company deathwatch thread

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Someone claiming to be in possession of a sex tape of SBF and Caroline says they will release it on 11/18/22 if they are not held accountable. Probably bullshit but funny and I’m curious what they will do tomorrow.

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Fetish Roulette said:
It really hadn't occurred to me until now that BTC and crypto in general are almost entirely speculative assets. Crypto isn't done by a long shot, but a lot of overleveraged morons are going to lose their shirts.
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That fedcoin though. And I believe China has a state crypto currency coin too. It's not the same as btc,monero,ltc,eth, and others because it's backed by the government.
Low IQ Doctor said:
I doubt Coinbase is going down, they've always struck me as one of the more level-headed crypto companies. Were they hugely overvalued? Yeah, but they're taking steps to cut some of the fat.
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Why are people still using coinbase if you're just buying btc? Paxful is far superior in terms of anonymity and the amount they take out for fees, you don't have to post your ID to your account to trade. (I think they did change that for transactions over 5k).
 
I faked the autism said:
Why are people still using coinbase if you're just buying btc? Paxful is far superior in terms of anonymity and the amount they take out for fees, you don't have to post your ID to your account to trade. (I think they did change that for transactions over 5k).
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Is Paxful know your customer compliant or can i just send my crypto there and then withdraw without having to pay taxes? Looks like they dont have BAT listed, rip.
 
Akashic Retard said:
Someone claiming to be in possession of a sex tape of SBF and Caroline says they will release it on 11/18/22 if they are not held accountable. Probably bullshit but funny and I’m curious what they will do tomorrow.

Link
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I might be an outlier here, but of all the things that I wanted to see in cryptospace as a result of the FTX fuckery, 'fugly goblin nerds boning' was not up there.
 
(((Oban Lazcano Kamz))) said:
Is Paxful know your customer compliant or can i just send my crypto there and then withdraw without having to pay taxes? Looks like they dont have BAT listed, rip.
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It's been a few years, so things might of have changed but when I was using it, it was very discreet and there was no verification process unless you were trying to trade 10,000s of dollars in a single transaction. And to prevent users getting scammed they had an awesome escrow system where the seller can set a time limit from 30min- 2 hours for the buyer to send the money (over 100+ different ways too and paxful would hold the btc until seller releases it. It would open up a chat between the buyer and seller and if the seller didn't release the btc by the time limit and you sent the money and posted a receipt in the chat or tracking number you could flag it and a moderator from Paxful would intervene and release the btc from the escrow into your wallet.
 
I faked the autism said:
Why are people still using coinbase if you're just buying btc? Paxful is far superior in terms of anonymity and the amount they take out for fees, you don't have to post your ID to your account to trade. (I think they did change that for transactions over 5k).
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Because it's pretty obvious at this point that if crypto has any footing in finance whatsoever then all the crypto-exchanges will be dismantled one by one until a single, centralized option is your only option. Coinbase is poised to be the last man standing since it has so much backing from large financial groups & banks.

Also why are you shilling a website with globohomo advertising "art" like this?
niggers, fags and cripples.png
 
Ridley said:
Because it's pretty obvious at this point that if crypto has any footing in finance whatsoever then all the crypto-exchanges will be dismantled one by one until a single, centralized option is your only option. Coinbase is poised to be the last man standing since it has so much backing from large financial groups & banks.
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Until fedcoin takes over and shuts coinbase down. Don't forget how many times coinbase has "temporarily blocked withdrawals" via freezing accounts for no reason. And you can thank people like trump, Democrats, and Republicans who created/signed the bill making it law to tax crypto in 2019.
Ridley said:
Alsowhy are you shilling a website with globohomo advertising "art" like this?
View attachment 3888669
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I had no idea they went pozzed, if you read my earlier posts itt, I haven't used it at least since 2016-17ish and back then they were legit, discreet, fast, low trading fees, and no freezing bullshit.
 
I faked the autism said:
Until fedcoin takes over and shuts coinbase down.
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Quarterly woes aside (which we have to blame on Bitcoin dipping so hard) Coinbase has certain rare things (like audits) that can be used to ream their anus should they ever try to pull an FTX. They are the most "robust" when it comes to crypto exchange infrastructure & that's probably the chief reason all the banks have flocked to them.

tl;dr Coinbase will only die if:
1. The federal reserve or some other synagogue of Satan creates something to replace it. Kind of like how Discord killed Skype.
2. People lose faith in crypto as "a replacement for money" and it ceases to exist.
 
Ridley said:
Quarterly woes aside (which we have to blame on Bitcoin dipping so hard) Coinbase has certain rare things (like audits) that can be used to ream their anus should they ever try to pull an FTX. They are the most "robust" when it comes to crypto exchange infrastructure & that's probably the chief reason all the banks have flocked to them.

tl;dr Coinbase will only die if:
1. The federal reserve or some other synagogue of Satan creates something to replace it. Kind of like how Discord killed Skype.
2. People lose faith in crypto as "a replacement for money" and it ceases to exist.
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It's really for this reason I don't think Coinbase will go down. They glow like the sun, and their "metabank" is really just another bank. Coinbase is the financial industries response to the crypto economy. Take that for what you will.

The only question now is which crypto is going to win the battle Royal, and its increasingly likely to be Ethereum. ETH has two things going for it. It has a public face in the figure of Vitalik, and it has a slave labor population in the form of staked ETH. Ethereum has Billions of dollars in slaved tokens on its network.

Sorry, I mean STAKED tokens. Did say slaved? This accomplishes two things. There is no short selling ETH. Investors are along for the ride. And mister Money Skelly's ride is a wild one. You may want off Mister Money Skelly's wild ride, but it won't happen. Not this year and certainly not next year.

The other thing is Coinbase itself backs Metabank up with Ethereum, and ETH is the principle backer of US Dollar Coin.

The fucking kike assholes have actually managed to construct a reserve currency around ETH. The only draw back is every investor they suckered into backing it.
 
I thought I would post this pull quote from WSJ on the FTX collapse:
Screen Shot 2022-11-20 at 4.58.25 PM.png
"We're learning that a shitcoin with nothing backing it can collapse in a short amount of time" Whoda thunk it?
 
I've tentatively been DCAing into some smaller cap things that I'd been keeping my eyes on. No big purchases though. I figure that I'm buying them a bit early, but I'm willing to hold for awhile.
 
Nol 2 said:
So, will the genesis turkey be cooked by thanksgiving?

archive.ph

Bitcoin tumbles to fresh lows as Genesis denies imminent bankruptcy -…

archived 22 Nov 2022 01:21:05 UTC
archive.ph archive.ph
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If genesis does go under (and probably bring gemini with it), I might be willing to bet brave will be dead within a year.
I still think it has some value but it has too many limitations, tied with exchanges that might go bankrupt, and the monthly active users have kinda plateaued every since this shit started in June. Hell I wouldn't be surprised if the built in wallet they've been advertising and recently started making noise about rewards going directly there instead of through an exchange isn't as secure they say.
 
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