Bitcoins - about to hit $5,000 per coin today!

[Theoak*]

A Binance bank run is incoming. If this goes then it's sub $10k BTC. Tradfi moves in and the next bull market is good to go.

Coin stock is starting to look mighty tempting...

Don't think so on this one. Binance saw 1.9billion in withdrawals last 24hr or so. It's being stress tested and will come out stronger if it survives.

Having said that wouldn't mind all these exchanges floating scam coins being flushed. Even if it means short term price suppression.

[Flexacon]

Don't think so on this one. Binance saw 1.9billion in withdrawals last 24hr or so. It's being stress tested and will come out stronger if it survives.

Having said that wouldn't mind all these exchanges floating scam coins being flushed. Even if it means short term price suppression.

I agree, Binance has been through worse bear markets and survived. I don't think they are done trying to come after CZ though and maybe get him on money laundering or something.

However him saying this at a time like this doesn't help fill me with confidence.. "99% of People' Will Lose Crypto Storing in Self-Custody"

https://decrypt.co/117214/99-people-will-lose-crypto-storing-self-custody-binance-ceo-changpeng-zhao

[Theoak*]

I agree, Binance has been through worse bear markets and survived. I don't think they are done trying to come after CZ though and maybe get him on money laundering or something.

However him saying this at a time like this doesn't help fill me with confidence.. "99% of People' Will Lose Crypto Storing in Self-Custody"

https://decrypt.co/117214/99-people-will-lose-crypto-storing-self-custody-binance-ceo-changpeng-zhao

Celsius CEO echoed the same garbage 2 weeks before withdrawals were closed....

[obsidian]

I agree, Binance has been through worse bear markets and survived. I don't think they are done trying to come after CZ though and maybe get him on money laundering or something.

However him saying this at a time like this doesn't help fill me with confidence.. "99% of People' Will Lose Crypto Storing in Self-Custody"

https://decrypt.co/117214/99-people-will-lose-crypto-storing-self-custody-binance-ceo-changpeng-zhao

Kevin O'Leary trying to blame Binance for the fact that he was duped by a fraud lol!

https://decrypt.co/117270/binance-deliberately-caused-ftx-collapse-kevin-oleary

I read that Binance has over $67 billion in assets. Even $2 billion withdrawals won't kill them. It is good to see they can handle the flow. Let them be stress tested. I have cryptos on Binance.US and don't have time right now to move it. We'll see. I am also at the mercy of Coinbase. My ETH is locked up in staking and I can't move it anywhere.

[obsidian]

Might sound like a bigot / anti-Semite, but my distrust of Jews prevented me from ever considering FTX. I read about him a year ago and thought to myself, there's no way in hell I will trust him. Unfortunately, there's been a trend of being scammed by Jews. And look at Trump's lawyer who betrayed him.

https://news.yahoo.com/trump-tells-jews-act-together-182724264.html

Trump Tells Jews To 'Get Their Act Together' And Appreciate Him More

Former President Donald Trump on Sunday said American Jews don’t appreciate him enough and that they need to “get their act together” and show more gratitude for his past policies toward Israel “before it is too late.”

“No President has done more for Israel than I have. Somewhat surprisingly, however, our wonderful Evangelicals are far more appreciative of this than the people of the Jewish faith, especially those living in the U.S.,” he posted on his platform Truth Social.

Trump went on to say that his approval rating in Israel is the highest “in the world” and that he could “easily” be elected prime minister there.

“Jews have to get their act together and appreciate what they have in Israel — Before it is too late!” he added.

[loco]

Might sound like a bigot / anti-Semite, but my distrust of Jews prevented me from ever considering FTX. I read about him a year ago and thought to myself, there's no way in hell I will trust him. Unfortunately, there's been a trend of being scammed by Jews. And look at Trump's lawyer who betrayed him.

https://news.yahoo.com/trump-tells-jews-act-together-182724264.html

Trump Tells Jews To 'Get Their Act Together' And Appreciate Him More

Former President Donald Trump on Sunday said American Jews don’t appreciate him enough and that they need to “get their act together” and show more gratitude for his past policies toward Israel “before it is too late.”

“No President has done more for Israel than I have. Somewhat surprisingly, however, our wonderful Evangelicals are far more appreciative of this than the people of the Jewish faith, especially those living in the U.S.,” he posted on his platform Truth Social.

Trump went on to say that his approval rating in Israel is the highest “in the world” and that he could “easily” be elected prime minister there.

“Jews have to get their act together and appreciate what they have in Israel — Before it is too late!” he added.

[deadz]

For those of you living in fantasy land..

https://www.msn.com/en-us/news/crime/co-founder-of-onecoin-pyramid-scheme-pleads-guilty-cryptoqueen-still-wanted/ar-AA15mIAy?ocid=msedgdhp&pc=U531&cvid=a354f2fee1ab4d15a91fb8e477738724


Back to the craps table with your last $20, Boys!

[a_pupil]

For those of you living in fantasy land..

https://www.msn.com/en-us/news/crime/co-founder-of-onecoin-pyramid-scheme-pleads-guilty-cryptoqueen-still-wanted/ar-AA15mIAy?ocid=msedgdhp&pc=U531&cvid=a354f2fee1ab4d15a91fb8e477738724


Back to the craps table with your last $20, Boys!

That'll make a brilliant movie once she's caught/LE give up and it all settles. There could be a Marvel Expanded Universe esque series of movies covering all the different scammers and LARPers from the crypto era. Getbig's biggest whale Gib could get a mention.

[Flexacon]

That'll make a brilliant movie wants she's caught/LE give up and it all settles. There could be a Marvel Expanded Universe esque series of movies covering all the different scammers and LARPers from the crypto era. Getbig's biggest whale Gib could get a mention.

In Gibos defence he always said to stay away from anything that wasn't bitcoin.

Onecoin had more in common with fiat currency models than decentralized crypto like bitcoin. All still ponzis

[Flexacon]

Is Barry liquidating? All his shitcoins are dumping.

[deadz]

A timeframe for this?

https://www.msn.com/en-us/money/markets/bnb-token-falls-to-lowest-levels-since-july-what-happens-to-crypto-and-defi-if-binance-fails/ar-AA15ooH2?ocid=msedgdhp&pc=U531&cvid=624b6d7b8c35468888198c88b8831c5e

I would not take advice from Flexacon another Gib in disguise.

[deadz]

Keeps getting worse.


https://www.msn.com/en-us/money/markets/almost-40-of-cryptos-listed-on-coingecko-in-2021-are-now-dead-coins/ar-AA15odPJ?ocid=msedgdhp&pc=U531&cvid=a6e9f945eb6d4a2b8103f4bee20405d7

[Flexacon]

https://www.msn.com/en-us/money/markets/bnb-token-falls-to-lowest-levels-since-july-what-happens-to-crypto-and-defi-if-binance-fails/ar-AA15ooH2?ocid=msedgdhp&pc=U531&cvid=624b6d7b8c35468888198c88b8831c5e

I would not take advice from Flexacon another Gib in disguise.

What advice exactly do you think I gave?

[deadz]

What advice exactly do you think I gave?

"A Binance bank run is incoming." Keep your shitty advice to yourself. You know about as much as a drunk tripping through a casino.

[Flexacon]

"A Binance bank run is incoming." Keep your shitty advice to yourself. You know about as much as a drunk tripping through a casino.

And what exactly do you think that means?

[Flexacon]

Have you finished eating your crayons deadz?

[Thin Lizzy]

He wasn’t wrong. it’s just that once something becomes public, the price move typically has already happened, the old “Buy the rumor. Sell the story,” adage:

Bitcoin dips under $17K as ‘craziest rumors’ over Binance sink BTC price

https://cointelegraph.com/news/bitcoin-dips-under-17k-as-craziest-rumors-over-binance-sink-btc-price

[Flexacon]

He wasn’t wrong. it’s just that once something becomes public, the price move typically has already happened, the old “Buy the rumor. Sell the story,” adage:

Bitcoin dips under $17K as ‘craziest rumors’ over Binance sink BTC price

https://cointelegraph.com/news/bitcoin-dips-under-17k-as-craziest-rumors-over-binance-sink-btc-price

He posts news articles actually confirming what I said would happen whilst thinking he's doing the opposite. I haven't seen such levels of stupidity outside of a Bhanky or MattC thread. Good job deadz.

And my post was more a warning for anyone with funds in binance, but the information could have easily been used to make very profitable trades shorting. Same with my crypto.com warning and absolutely with my FTX and SOL warning. It was all posted hours if not days before the big market moves happened.

Keep posting though deadz, retards are always welcome here and I love reposting and bragging about my moves and market predictions.

[Thin Lizzy]

Apple coming into long term bottom:

[Thin Lizzy]

It will be interesting to see how low Tesla eventually goes. I’ve never seen a stock with this big of a market cap that’s so manipulated.

I’d bet it goes down to least 300 probably lower.

Damn, almost there. 100 is 300 pre stock split.

[Mayday]

"A Binance bank run is incoming." Keep your shitty advice to yourself. You know about as much as a drunk tripping through a casino.

Flex is pretty good mate. IMO he is a legit real deal and you need to remember just because someone posts something it doesn't mean 1-2-3-4-5 days later they changed their opinion because something they saw played out.

Damn, almost there. 100 is 300 pre stock split.

Does it go back to high 40s pre pandemic price?

I note the money supply is flat YoY (M3 where i am is still expanding due to credit expansion but printing stopped end of 2021) but the liquidity drain seems to be wanting share prices to go back to pre-pandemic levels. If we get a bottom while the MS is flat, the next infationary wave is going to blow our heads off but surely it won't all run back into Tesla?

[Thin Lizzy]

Flex is pretty good mate. IMO he is a legit real deal and you need to remember just because someone posts something it doesn't mean 1-2-3-4-5 days later they changed their opinion because something they saw played out.

Does it go back to high 40s pre pandemic price?

I note the money supply is flat YoY (M3 where i am is still expanding due to credit expansion but printing stopped end of 2021) but the liquidity drain seems to be wanting share prices to go back to pre-pandemic levels. If we get a bottom while the MS is flat, the next infationary wave is going to blow our heads off but surely it won't all run back into Tesla?

Tesla currently has a market cap of ~350 billion with a PE of about 35. Toyota’s cap is 220 billion with a PE of 10. Apple’s PE is about 20.

I don’t claim to know the bottom for Tesla but I suspect it’s going considerably lower.

[Thin Lizzy]

It’s over for all these unprofitable companies that were relying on cheap funding. This chick’s fund is already below Covid lows with no bottom in sight.

I can’t wait for all of these online delivery services to go bust. In New York City you can’t walk two feet without getting buzzed by some 5 foot Mexican on an E bike delivering for DoorDash.

[Thin Lizzy]

Bump:

Silvergate Capital tanks 40% after crypto bank discloses massive Q4 withdrawals

https://www.cnbc.com/2023/01/05/silvergate-capital-tanks-40percent-after-crypto-bank-discloses-massive-q4-withdrawals.html

[Flexacon]

Bump:

Silvergate Capital tanks 40% after crypto bank discloses massive Q4 withdrawals

https://www.cnbc.com/2023/01/05/silvergate-capital-tanks-40percent-after-crypto-bank-discloses-massive-q4-withdrawals.html

Contagion unwinding and it's far from over.

Wyre has shutdown
Gemini earn is in a $1b hole
DCG is in a massive hole
Anything Barry Silbert touched looks fucked
Justin Sun has stopped paying staff in fiat.
Crypto.com, Binance and tether are looking sketchier than ever
Saylor looking like a huge degen using debt to buy BTC. A margin call can't be far away
Coinbase runway evaporating



Update *
Justin Sun/Huobi  in choas. Either a JS rug or Huobi staff meltdown
Genesis parent company Digital Currency Group just shut down its $3.5 billion wealth management division