Want a happening? Coinbase has halted ALL trading and now it turns out Coinbase has MILLIONS of dollars worth of BTC trapped in tiny amounts that would cost more to move than they are worth.
This is not FUD, this is simple truth. It now makes sense that Coinbase has been jumping on every opportunity to destroy Bitcoin.
Why other exchanges don't have this problem? They batch txs and consolidate UTXOs. Coinbase neglected to do this. Only significant blocksize increase would save them.
Remember, this is fresh news, it will get more exposure, don't be the last one to escape.
> muh unregulated meme currency Holy shit BTC is about to have a bank run
Levi Nelson
Can't belive people STILL mortgage their house to buy fake meme money
Sold all mine in October, knew this was coming and we were warned.
Benjamin Walker
So hmm, which one should I use to sell my remaining BTC?
Nathan Sanchez
And people are selling the futures, now we know the banks are coming in to steal the technology and regulate it, but we knew this was coming.
Its over guys, cut your losses.
Oliver Miller
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John Cooper
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Zachary Diaz
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Jacob Murphy
Gemini Exchange is vastly superior to Coinbase. If anything, they have very professional and very fast customer service. Thats already more than I can say about Goybase.
I have both, but do all business on Gemini Exchange. You can link your bank account to them, wire money, etc just like on Coinbase. Have nothing but great things to say about them.
Brayden Evans
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Lincoln Butler
Wait, how can he be down 180k when he only put in 140k?
Jaxon Wilson
surprisingly, this sums it up fairly well. put in 1500 earlier this year. if i end up cashing out, itll account for several months savings with the goal of 20% downpayment. if i dont get to cash out, i lose a month of saving from my fairly steady job. pessimistic calculated risk
Evan Lee
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Jason Jackson
>I'm going to keep gambling until I win a million dollars
Ethan Reyes
So that's what caused the crash, interesting.
Liam Rodriguez
Thats what you get for being a greedy piece of shit and treating revolutionary Blockchain technology as some speculative trading instrument to be flipped back into fiat cash.
If this is your only goal, then get the fuck out because you deserve to lose everything.
This isnt just an investment to make some extra cash.
Juan Cooper
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Robert Campbell
Kek
David Reyes
>pixel money isn’t real Lmao even Warcraft gold is worth more
Brayden Foster
Makes no sense. If he bought in at 8600 he couldn't have lost any money yet. Bitcoin is still at 16000 Cad, which is about 12000 US
Adrian Moore
This your first time with coinbase? They've done this so many times. Not defending them in the slightest, they freeze so people cant buy into a dip/so they get the cream of the crop.
Carson Allen
He's counting the increase in the price of bitcoin from 8600 to wherever it peaked as profit that he's now lost.
Ryan Powell
> revolurionary block chain technology What a convoluted way to spell Ponzi Scheme
Jordan Thomas
lul this crash might be the reckoning
Landon Cruz
>The post by Hippidbuhsh is being replicated because the post has been silently removed and some comments within it have been silently removed.
Ayden Cook
Forgot vid relared Www.youtube.com/watch?v=KTf5j9LDObk
Christian Morgan
Why do (((mods))) allow shitcoin threads here? Fucking go back to /biz/
Justin Mitchell
Doesn't it take like a massive server and the energy to power a Tesla car just to do one transaction?
Blake Howard
Oh it gets better: The founder of litecoin sold all he had in the middle of the night, tanked the stock and then skipped with the money. Who needs regulations, amirite?
Isaac Allen
>They batch txs and consolidate UTXOs Yeah, they do that don't they I have no idea what that means.
Kayden Watson
Bitcoin is backed by actual pure energy
Evan Green
>The founder of litecoin sold all he had in the middle of the night kek how did I miss this? got a source user
David Hill
you can't get the electricity back tho can you, it turned into heat, which dissipated into the air.
Kevin Butler
# this is a nice analogy from twitter:
"fedex has your money divided in millions of small packages, delivery fee for each package is more than the money inside. you had the chance to ask fedex to combine them in larger packages when fees were lower but you were lazy."
Lucas Peterson
So this...is the power....of a libertarian marketplace
Luis Jenkins
nobody cares kys
Angel Wright
you mean wasted / used up energy
Jaxson Diaz
Huhh it's SURGING back up hurry up and buy before you miss the dip goys I mean guys.
William Rivera
i think these are all just trolls its impossible to be this retarded
Robert Martinez
You newfags are hilarious. This is the fifth 30%+ correction this year. You people are so ignorant.
Brandon Brooks
lmao what a fucking retarded cuck
Angel Morales
>how not to invest
Luis Parker
People who bought in at 19k simply do not understand financial instruments. If they're this stupid, they'd be broke regardless of whether it was crypto or day trading.
Dylan Price
>HURR DURR I BOUGHT AT 19K >THEN I WENT ALL IN ON A PAIR OF THREES IN POKER
Landon Walker
Wasn't the point of Bitcoin to be a stable currency? Has Austrianism been debunked?
Who knows? I just know that I love tulips, but I wouldn't pay more than a couple bucks for them.
Chase Scott
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Leo Torres
Youtube natsoc channel -The Impartial Truth- has links to videos that explain in detail how bitcoin is a ponzy scheme, the jew who created it, and whatnot. Everyone was warned about this months ago, they are going to leave a shitton of gullible idiots broke with their pretend money.
Ryder Parker
>go to /biz/ It's more calm than normal. Have they all off'ed themselves already
Brody Adams
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Robert Bell
>Coin safe space
Jack Thompson
the best thing is, many coiners are eating it up
Luis Wilson
yeah and the chinese bitcoin mines reap the profits
Seems to be a common theme among Bitcoin and exchanges. Grows too quick and too much for it's own good, and the infrastructure to properly and efficiently process transactions just can't keep up.
Carson Brooks
>not recognizing the obvious pump and dump with all the constant shilling here I bet you fuckers wanted Trumpcoin too
Ethan Reyes
>he fell for the cryptocurrency meme instead of hoarding gold
>implying i ever used coinbase blockchain.info is the best site.
Gabriel Bell
>the infrastructure to properly and efficiently process transactions just can't keep up As it is, it cannot keep up by design. The amount and size of blocks being admitted in the blockchain is limited. IIUC, all the miners are just competing harder to get the coins of new valid blocks, they're not processing more transactions and helping the network scale. They're helping keeping it secure though. Finding new valid blocks has to be hard. This can be fixed by modifying or extending the protocol, but it hasn't happened yet. They say they want to keep the blocks small and not too frequent so that the system remains usable in the third world. The CIA must be finding it very useful for their operations over there. When they transfer large sums they can be approved fast by paying larger fees.
