RIP COINBASE


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insider here
Coinbase has "lost" 600k bitcoins since it started to due mismanagement and not understanding how to survive a bear market. They are scrambling to raise capital and will fail. You will see them announce this shortly. Greyscale has already started damage control via Twitter over the weekend.

You have been warned.

  1. 2 months ago
    Anonymous

    >Coinbase has "lost" 600k bitcoins uhh
    how does that even happen ?
    whoops sent it all to the wrong address ?
    its going to crash to fucking absolute zero and never bounce back

    GOOD FUCKING RIDDANCE FUCK CRYPTO

    • 2 months ago
      Anonymous

      They claim they have the bitcoin but for "security reasons" will not reveal the wallet address. The boat is sinking. The VC firm that started Coinbase has said a huge crash is coming very soon. Stripe CEO (same vc firm) says tether will DEPEG soon.

      • 2 months ago
        Anonymous

        except it's true. it IS a security issue to show the wallet. If they dont have the btc there, barry silbert is doing 20+ years in prison, he's not that stupid.

        • 2 months ago
          Anonymous

          Cope. We know satoshis wallet which has far more Bitcoin than grayscale. 0 hacks.

          • 2 months ago
            Anonymous

            >t. retard

        • 2 months ago
          Anonymous

          >Coinbase has "lost" 600k bitcoins uhh
          how does that even happen ?
          whoops sent it all to the wrong address ?
          its going to crash to fucking absolute zero and never bounce back

          GOOD FUCKING RIDDANCE FUCK CRYPTO

          But SBF and Friedberg *are* that stupid? Bro, the whole thing is a leveraged-to-the-tits house of cards with no central bank backstop.
          Imagine the stock market in 2008 if the fed didn't bail out all the banks. Lol you ain't see anything yet.

          • 2 months ago
            Anonymous

            money doesn't disappear , It moves it changes hands. To who and how many does it change is the question, yah?

      • 2 months ago
        Anonymous

        finally

      • 2 months ago
        Anonymous

        So everyone is short on bitcoin to the tune of millions of bitcoin across all exchanges, but you think the price goes down?

        Naked shorts blow up and the price hits ATH next year

        • 2 months ago
          Anonymous

          The only one who gets it
          Short term damage shouldn’t matter unless you’re leveraged up

      • 2 months ago
        Anonymous

        >a cryptographic Proof-of-Reserve, or other advanced cryptographic accounting procedure
        Just state the address, dumbass motherfuckers. Do these people even know what BTC is? Hello?!

        • 2 months ago
          Anonymous

          its just too hard too do, they have
          to scan them sperately due to the interferrence

          • 2 months ago
            Anonymous

            >a cryptographic Proof-of-Reserve, or other advanced cryptographic accounting procedure
            Just state the address, dumbass motherfuckers. Do these people even know what BTC is? Hello?!

            It's the blockchain. Can't people infer what the fucking address is anyway? What's the fucking point of crypto if it's not decentralized and verifiable by independent 3rd parties, not paid-for-rubber-stamp "auditors" (that aren't really doing audits)...
            Clown world, dawg.

            • 2 months ago
              Anonymous

              if third parties do it then they just claim
              >nooo we got it on a coldwallet somewhere
              basically they are full of shit coinbased, FTX and Tether
              are rotten enron to the core

      • 2 months ago
        Anonymous

        Oh please be true. I have not slurped in MONTHS!

        • 2 months ago
          Anonymous

          >thinking there's recovery after a tether implosion
          ngmi

          • 2 months ago
            Anonymous

            Surely this is THE end of crypto. The news station even says so!

          • 2 months ago
            Anonymous

            only for some coins. the ones getting used by banks and corporations

            speaking of getting used by banks, did you see that a former Ripple board member is leading the Federal Reserve's digital assets oversight and another one is leading the digital dollar trial between the NY Fed and Wall Street banks? crazy right

            • 2 months ago
              Anonymous

              XRP is clearly the chosen coin. People would have to be retarded to not hold a 1k sui stack when they can buy it for a few hundred dollars.
              >Any mention of xrp summons shillbots. Enjoy the fuddin' show!

              • 2 months ago
                Anonymous

                turns out the suicide stack is actually the threshold at which you commit suicide if you hold that much.

        • 2 months ago
          Anonymous

          If you didn't slurp alrdy after a 53K cut, you'll never slurp.

          • 2 months ago
            Anonymous

            The slurps get juicer the further down they are.

      • 2 months ago
        Anonymous

        Cope. We know satoshis wallet which has far more Bitcoin than grayscale. 0 hacks.

        BYE BYE COINBASE

        Okay schizo. Post one piece of information that isn't public and complete speculation. Let alone proof that you're an actual insider

        • 2 months ago
          Anonymous

          Gbtc custody's at Coinbase and only holds like 50% of their fund.

          Chinese exchanges are the future of finance after the israelites blew up America's chance

          • 2 months ago
            Anonymous

            https://i.imgur.com/hikoCF4.jpg

            insider here
            Coinbase has "lost" 600k bitcoins since it started to due mismanagement and not understanding how to survive a bear market. They are scrambling to raise capital and will fail. You will see them announce this shortly. Greyscale has already started damage control via Twitter over the weekend.

            You have been warned.

            >source: my ass

      • 2 months ago
        Overseer of Clowns

        jesus fucking christ rescale your goddamned .jpg file you fucking dunce.
        holy fucking shit these shillbots and their shitter screencaps infect every corner of the internet. god fucking damn.

        • 2 months ago
          Anonymous

          here you go

      • 2 months ago
        Anonymous

        Just don't leave your money on the exchange and don't make large transactions all at once. In the last 2 years like 4-5 exchanges I use have had holds or blocked US accounts. I haven't lost a cent.

      • 2 months ago
        Anonymous

        i'm a poverty stricken white male and probably gay. I work a job where my employer pays me under the table in usdc via coinbase. Part of my job is using my coinbase card for business expenses for 1-4% cash back in some random shitcoin. I spent $1k usd in usdc this past weekend for business expenses.

        Still receiving cashback rewards.
        Still able to market sell those rewards to usdc and spend them via my coinbase card.
        Literally no signs whatsoever of coinbase slowing down or restricting services. If coinbase goes down we truly are at the end times.

        Greyscale hiding their wallet addresses is a completely legitimate security move. Its probably split up a million ways anyway.

        except it's true. it IS a security issue to show the wallet. If they dont have the btc there, barry silbert is doing 20+ years in prison, he's not that stupid.

        this

        BYE BYE COINBASE

        on one hand, I have yet to see any impact from the FTX fallout on coinbase. On the other hand, I have my doubts that coinbase can avoid collateral damage even if they didn't have direct exposure.

        Its funny that biz constantly shits on goybase for being the normie exchange and yet it's one of the only ones left standing in the ongoing cryptopocolypse. Even Blockfi fell. Probably a bunch of eurofag and chink posters.

        • 2 months ago
          Anonymous

          >Its probably split up a million ways anyway
          Some On Chain guys on Twitter found the BTC Wallets, they have around 450 wallets

      • 2 months ago
        Anonymous

        This just proves exchanges were a mistake and Bitcoin will remain a pure P2P system

    • 2 months ago
      Anonymous

      Some exchange literally sent a large amount to a wrong address not long ago, forgot who it was

      • 2 months ago
        Anonymous

        Pic related

        • 2 months ago
          Anonymous

          lol such an obvious as fuck scam and we're all sit back and go "what a nice set of humans, sending money back and such."

          god

  2. 2 months ago
    Anonymous

    Lol coinbase has been through the bear market before

    • 2 months ago
      Anonymous

      Coinbase has already survived the last bear market you dumbass

      look at these israelite

  3. 2 months ago
    Anonymous

    meh dont care
    im all in on LINK

    • 2 months ago
      Anonymous

      >meh

      go back

  4. 2 months ago
    Anonymous

    Ok, so this is it, USDC and USDT will crash at the same time, bringing crypto to its end. This is the wish of the global elites. The only true value of BTC is 1 BTC = 1 BTC.

    • 2 months ago
      Anonymous

      >USDC and USDT
      >crypto

      • 2 months ago
        Anonymous

        Ok, so this is it, USDC and USDT will crash at the same time, bringing crypto to its end. This is the wish of the global elites. The only true value of BTC is 1 BTC = 1 BTC.

        If USDT and USDC depeg, every single stablecoin trading pair on binance will collapse, which is like over 90% of their volume. Meanwhile, the mad rush to liquidate to actual USD will ensue, collapsing the price even more.

        You have been warned. HODLing is for patsys and dupes.

    • 2 months ago
      Anonymous

      >run on tether
      >crypto prices go up

    • 2 months ago
      Anonymous

      USDC is the stablecoin of choice of globohomo

  5. 2 months ago
    Anonymous

    If this is true it was probably them using customer BTC to buy shitcoins just like FTX.

  6. 2 months ago
    Anonymous

    Bullish

  7. 2 months ago
    Anonymous

    lol is this why GBTC is literally cut in half already?

    holy shit it's actually over if this is real, coinbase custodies Grayscale assets in "cold storage"

  8. 2 months ago
    Anonymous

    "Greyscale" lol

    • 2 months ago
      Anonymous

      heckin mother of dragons

  9. 2 months ago
    Anonymous

    Don't care not withdrawing my LINK to my ledger until I get to 1k
    If Goybase goes down crypto is dead forever anyways

  10. 2 months ago
    Anonymous

    >damage control via Twitter
    Gotta link?

  11. 2 months ago
    Anonymous

    BYE BYE COINBASE

    • 2 months ago
      Anonymous

      They are heavily regulated because they're based in the USA. They're also audited and basically backed by the government.
      While you should self custody your Crypto, it must be pointed out that you are a lying sack of shit spreading fud.

      • 2 months ago
        Anonymous

        >backed by government
        Lmao what a dumb homosexual.

    • 2 months ago
      Anonymous

      Looks like its tracking BTC

    • 2 months ago
      Anonymous

      FROM BOOMERS WITH LOVE
      THANK YOU FOR PLAYING

    • 2 months ago
      Anonymous

      All these things mean are that investors lost confidence in them. It doesn’t make Coinbase lose money, it just makes it that much more expensive to raise debt and equity for their company. If they run skinny they can run on operating profit.

  12. 2 months ago
    Anonymous

    >images (66)
    do better

  13. 2 months ago
    Anonymous

    >insider here
    I was inside your mom last night she said buy the dip kek.

  14. 2 months ago
    Anonymous

    absolute bobopocalypse if true

  15. 2 months ago
    Anonymous

    wee

  16. 2 months ago
    Anonymous

    GIVE ME MY GODDAMN BITCOIN YOU FUCKING ASSHOLES
    AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

  17. 2 months ago
    Anonymous

    scam exchange literally created 2 years ago trying to FUD coinbase which has been around since 2012

  18. 2 months ago
    Anonymous

    Nice try you dirty chink. Coinbase has 0 exposure to your tether scam. The west will win the blockchain wars and bankrupt the east.

    • 2 months ago
      Anonymous

      Cope. The asiatic horde wins again, while all the white boys become trannies

  19. 2 months ago
    Anonymous

    Is this why the BTC price has been so fucked lately on Coinbase? It literally will not show me my dollar amount..guess it's time to find a new place for my trading funds.....

    • 2 months ago
      Anonymous

      Coinmetro

  20. 2 months ago
    Anonymous

    hopefully they stay solvent long enough to give me my flare airdrop

  21. 2 months ago
    Anonymous

    Gestalt on
    >greyscale
    and how it relates to
    >coinbase
    Many thanks!

  22. 2 months ago
    Anonymous

    GOOD

    Bring it all down, nothing but ponzi scams.

  23. 2 months ago
    Anonymous

    >absolutely no source on this stupid information
    I hate anyone who gives this an ounce of belief

  24. 2 months ago
    Anonymous

    Big if true. I need one more “Bitcoin is dead” event before I buy back in.

  25. 2 months ago
    Anonymous

    I hope so.
    It means blackrock are dead.

  26. 2 months ago
    Anonymous

    >not understanding how to survive a bear market
    >coinbase has been around since 2012

    you realize how retarded that sounds homosexual?

  27. 2 months ago
    Anonymous

    Coinbase will halt transactions and you will be happy

    • 2 months ago
      Anonymous

      This would have crazy effect on the crypto market, with the recent fud around CEXes increasing it's only logical to sit in stables for now and probably leverage on yield farming tools like SpoolFi to earn yields.

  28. 2 months ago
    Anonymous

    wow it's real. i just saw a coinbase lost btc unclaimed on the block chain but someone claimed it before i could get to it. how does the largest regulated exchange in the US have unclaimed btc?

    • 2 months ago
      Anonymous

      >>>>>

      [...]

      haircombs

    • 2 months ago
      Anonymous

      Hello,
      These were not the one of coinbase but mine. I forgot to wrap them and you claim them. Can you please put them back on the blockchain.
      Thanks.

      • 2 months ago
        Anonymous

        i didn't get them. someone else claimed them faster than i could. i think they were half wrapped though. they didnt completely fall off the blockchain. that's why i assumed it was one of the btc coinbase lost. maybe their wrapping algorithm did complete the wrap successfully because of the 600k volume of wraps

        • 2 months ago
          Anonymous

          stop being gay and tell me about your garloid. Verification not required.

          • 2 months ago
            Anonymous

            idk what garloid is. ive been earning passive income for 5 years surfing the blockchain for unclaimed coins and claiming them. it's just a side hustle.

            • 2 months ago
              Anonymous

              >json
              what the fuck is happening in this thread

            • 2 months ago
              Anonymous

              i just claimed a unwrap ETH just now. That s 1k tonight. Why don t more people do it ?

              • 2 months ago
                Anonymous

                Is this real? How can people be so broke

              • 2 months ago
                Anonymous

                >people
                >women
                pick one

        • 2 months ago
          Anonymous

          no worry. It happen.....it s the crypto....one time i lost a bitcoin wrap at 75%

      • 2 months ago
        Anonymous

        he moves good for a big boy

  29. 2 months ago
    Anonymous

    Repent

  30. 2 months ago
    Anonymous

    >insider here
    Stopped reading there.

  31. 2 months ago
    Anonymous

    Low IQ fudQ

  32. 2 months ago
    Anonymous

    Big if true. I will personally slaughter coinbase employees if they moved any of my crypto out of 'my' vault.

    I will skin armstrong alive if he fucked with my corn.

    • 2 months ago
      Anonymous

      >'my' vault

  33. 2 months ago
    Anonymous

    If coinbase doesn't have 600k bitcoin that is bullish as fuck for bitcoin.

  34. 2 months ago
    Anonymous

    I have $7 in BTC on Coinbase right now. Should I be concerned?

    • 2 months ago
      Anonymous

      people had 7 dollars in btc on mtgox. you know the rest, right now would be way more. but the thing with this is if 7 dollars you can just work and reget it you fuck i don't know how these mtgoxers didn't rebuy if they had a salary for fuck sake it is like the btc pizza guy i think he maybe bought more btc in th elong way i hope i dont fucking know these stories fuck me up like there is always something fishy if they didnt rebuy.

      • 2 months ago
        Anonymous

        they didnt rebuy because its internet funny money
        i sold in 2014 and didnt rebuy until 2020

      • 2 months ago
        Anonymous

        30 year old boomer here. Personally lost coins on Mt.Gox, hard drive wallet and the original silk road. When it hit 1kish in 2013 heaps of chinks were buying it like crazy and I thought there's no way this will last. Plenty of time to buy and you know the rest. I couldn't bear to look at its runup and price especially after 2017 and never bought back in.

    • 2 months ago
      Anonymous

      you means 6.5 dollar now ?

      • 2 months ago
        Anonymous

        It was $10 when I bought. I'm getting fucking destroyed over here.

        • 2 months ago
          Anonymous

          it was 65k when i bought

  35. 2 months ago
    Anonymous

    where can I 100x short COIN sirs

    • 2 months ago
      Anonymous

      put COIN (1 put = 100 shares)

      • 2 months ago
        Anonymous

        it's always a good feeling to see a gif you created get reposted on LULZ, thank you anon for appreciating my gif

  36. 2 months ago
    Anonymous

    newfag here. how do I short crypto?

    • 2 months ago
      Anonymous

      buy USD fiat

    • 2 months ago
      Anonymous

      binance can do it

  37. 2 months ago
    Anonymous

    Defi doesnt acct for liquidity......tax fraud all day.

  38. 2 months ago
    Anonymous

    CZ exit scam is the truth.
    Taiwan is about to be invaded

  39. 2 months ago
    Anonymous

    I'm a cyber security researcher and I've found a bug a bug on coinbase that can fuck around with another user's email and advertisement configurations...told it to them and those fuckers still did'nt pay me. FUCK COINBASE

  40. 2 months ago
    Anonymous

    It's going down next. CZ is going to exit scam us. only bybit shall remain.

  41. 2 months ago
    Anonymous

    Funny how robinhood escapes this mess. Kinda like they already played thier fed op part. This was scripted

  42. 2 months ago
    Anonymous

    I got all my money out. I am few who made money on crypto

  43. 2 months ago
    Anonymous

    Those slack jawed monkey fuckers kept deleting my account because I visited Hawaii 2 years ago. I hope they burn in a volcano.

  44. 2 months ago
    Anonymous

    >le insider
    These threads are like the new "except this time it's the leader speaking" bait, dumb but fun.
    >300+ replies every time

  45. 2 months ago
    Anonymous

    Hahaha nice try loser
    Go watch your anime porn and fuck off

  46. 2 months ago
    Anonymous

    biz warned me of an exchange going bust before
    and it was legit 🙂

  47. 2 months ago
    Anonymous

    We need to just ban israelite from the banking system. I like that crypto lets people place their money in the custody of degens to gamble with it when all parties are aware of the risk. You can't have custodial services that are supposed to be secure like FTX and Coinbase spinning their dreidel with the customer's segregated accounts.
    Every newbie needs to learn, "NOT YOUR KEYS, NOT YOUR FUCKING COINS". It's the first rule of crypto.

  48. 2 months ago
    Anonymous

    COIN puts are so overpriced now

    • 2 months ago
      Anonymous

      there are too many people watching it now that its giving the main support level its first tough. it will likely bounce and then go through the 2nd or 3rd touch.

      too many eyes

      • 2 months ago
        Anonymous

        hit a 5 year low earlier today and bounced. You're saying it'll retest?

  49. 2 months ago
    Anonymous

    My dad who works at Nintendo says crypto is dumb and graded and authenticated Pokemon cards are the only true store of value.

  50. 2 months ago
    Anonymous

    >Coinbase has "lost" 600k bitcoins since it started to due mismanagement
    That would have to disclose that to investors immediately, so no. That didn't happen.

  51. 2 months ago
    Anonymous

    >LULZ spams coinbase fud for weeks on end
    >FTX collapses and LULZ goes wild for a week
    >LULZ goes right back to spamming coinbase fud
    Yawn.

  52. 2 months ago
    Anonymous

    Holy fuck that's some nuclear tier fud. Please tell me the truth: it's over isn't it?

    • 2 months ago
      Anonymous

      it's complete bullshit. coinbase has the 600k btc of gbtc in deep cold storage. if they didnt they would face 20 years of prison

  53. 2 months ago
    Anonymous

    Can I still move bitcoin to ledger to protect investment before cashing out ?
    or just sell and pay to move usd to bank ?

  54. 2 months ago
    Anonymous

    >insider
    Post proof or get the fuck out.

  55. 2 months ago
    Anonymous

    PSA: Silbert is a israeli name.

  56. 2 months ago
    Anonymous

    unironically kill yourself, you retard larping nose.

  57. 2 months ago
    Anonymous

    even their ceo is dumping lol

    • 2 months ago
      Anonymous

      That’s strange. As of last week, the only insider action I saw in Nov was one director buying a bunch of six figure $ chunks. It’s not like Coinbase hasn’t struggled. They chose to inject more capital this year. But they don’t seem to be worrying; their technology budget has increased substantially.

    • 2 months ago
      Anonymous

      >last shares
      bs, it's like 2% of his shares or something

  58. 2 months ago
    Anonymous

    Coinbase has already survived the last bear market you dumbass

  59. 2 months ago
    Anonymous

    >and not understanding how to survive a bear market
    what is up with this low IQ fud LMAO. As if the company founded in 2012 has no idea how to survive this predictable ass bear market that came right on schedule.

  60. 2 months ago
    Anonymous

    I'm bored of typing this out. Coinbase is regulated as fuck. They're in the US. They're a publicly listed company. They won't implode like FTX.

    Coinbase are losing $500M a quarter and may fail to survive as a company, but any end is a year or two off and will be nothing but the final stop on a spectacularly dull decline.

    I know this is a bizarre thing to hear, given the history of crypto, but exchanges don't HAVE to die by blowing up with every user's funds 'hacked' or stolen. They can just shut down over a period of time. If Coinbase runs out of money, they'll simply wind down the business, giving users a month or two to withdraw assets, close positions, etc. European, HK, and Japanese exchanges have done this in the past. Same applies to Gemini (less Gemini Earn) and Kraken.

    >Not a Coinbase shill btw (Coinmetro bagholder)

    • 2 months ago
      Anonymous

      OP WAS a homosexual today

      Not a homosexual

    • 2 months ago
      Anonymous

      glad someone here still has brains

    • 2 months ago
      Anonymous

      The coinbasecope in here is cringe. I own one share of COIN. Had owned it since november of 2021 back when it meant something. Even i am facing the reality of coinbase going belly up in 2023. It's literally the only exchange now competing with binance and they are lagging so dramatically behind. They don't even have their own bnb discount token and their fees still suck ass AND they're trying to compete with binance in europe with ZERO marketing strategy. Armstrong is literally the bob chapek of crypto. Crypto dot com will even likely surpass the success of coinbase at this point. By the way, i emptied my coinbase wallet last month. It's over

    • 2 months ago
      Anonymous

      exchanges still dont have enough usd if everybody tries to withdraw at the same time

      • 2 months ago
        Anonymous

        I would just want to move assets off chain to cold storage
        If all the exchange does is charge a fee to send/rec/hold and does not gamble on users assets things should square up
        operating expense for that model should be pretty small

  61. 2 months ago
    Anonymous

    retard greyscale is sueing the sec to become a spot etf which means they have the coins 1-1 ratio.

  62. 2 months ago
    Anonymous

    CZ always wins baby

  63. 2 months ago
    Anonymous

    Moved my 20 Linkies off the exchange. Can't take any chances, no sirree.

  64. 2 months ago
    Anonymous

    >tfw coinbase bases purchases on valuables they haven't mined

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