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A Warning on Crypto Markets

I appreciate the current enthusiasm in crypto markets and th...
irate generalized bond
  08/11/17
fuuuuuck
Ultramarine garrison roommate
  08/11/17
this is why i instantly convert to USDT after a BTC moon or ...
white stag film
  08/11/17
thanks very much for this. if you can relay any hints to you...
Offensive tanning salon
  08/11/17
also any thoughts on quantum or neo? youve mentioned you lik...
Offensive tanning salon
  08/11/17
Good post OP. The resumption of massive crypto mania post-B...
excitant therapy
  08/11/17
soooo cr but yet its sooooo cr
Offensive tanning salon
  08/11/17
...
Histrionic Domesticated Pistol Party Of The First Part
  08/11/17
OP, how do you reconcile this poast with the one you made he...
gay liquid oxygen ladyboy
  08/12/17
Both are flame
insanely creepy burgundy circlehead
  08/12/17
I don't think any of this will happen, this is just more bul...
smoky principal's office
  08/12/17
(Stockbroker in 1929)
translucent judgmental stage haunted graveyard
  08/12/17
...
pink lascivious black woman marketing idea
  08/12/17
17th century dutch tulip farmer, actually.
Offensive tanning salon
  08/12/17
...
Bateful locale puppy
  08/22/17
...
Provocative khaki turdskin milk
  12/07/17
...
Unholy beady-eyed hairy legs internal respiration
  11/15/18
...
free-loading spruce office
  11/15/18
...
excitant therapy
  08/21/17
This is a good, substantive post. I don't have enough to car...
thirsty very tactful half-breed
  08/21/17
...
talented anal piazza ratface
  08/21/17
jfc why can't there just be something to invest in that just...
narrow-minded hominid
  08/21/17
Not for nothing, but I think the odds are higher China makes...
gay liquid oxygen ladyboy
  08/21/17
Jfc
narrow-minded hominid
  08/21/17
lol
Pearly useless brakes
  08/22/17
...
Bat Shit Crazy Flushed Public Bath
  08/22/17
SNES Classic Edition was a risk-free several hundred dollars...
Supple nowag windowlicker
  08/22/17
...
excitant therapy
  08/22/17
A regulation panic crash will be a huge buying opportunity u...
Beta Copper People Who Are Hurt
  08/22/17
ICOs have disrupted the cost of capital for startups. VCs pr...
Jade cerebral whorehouse
  08/22/17
ty
Offensive tanning salon
  08/22/17
180
Beta Copper People Who Are Hurt
  08/22/17
They didn't disrupt anything. They just let nonaccredited Re...
cordovan telephone
  08/22/17
they'll regulate ICOs and some exchanges maybe and it will b...
Histrionic Domesticated Pistol Party Of The First Part
  08/22/17
i took a cursory look at the possibility of the People's Ban...
maize hideous foreskin
  08/22/17
180 ty
Histrionic Domesticated Pistol Party Of The First Part
  08/22/17
In 2013 they clamped down on the exchanges. The Chinese gove...
cordovan telephone
  08/22/17
isn't South Korea's regulatory authority a bigger risk than ...
puce school dog poop
  08/22/17
...
irate generalized bond
  09/04/17
Well done
floppy base sneaky criminal
  09/04/17
?
Zombie-like Hell
  11/24/17
...
Naked space keepsake machete
  09/04/17
...
Concupiscible azn
  09/04/17
I sold everything based on your blank bump assurances.
Pearly useless brakes
  09/04/17
lol fgt
idiotic international law enforcement agency
  09/04/17
HE TRIED TO WARN US
Offensive tanning salon
  09/04/17
...
Offensive tanning salon
  11/24/17
...
Histrionic Domesticated Pistol Party Of The First Part
  09/04/17
...
Bat Shit Crazy Flushed Public Bath
  09/04/17
...
mewling institution
  11/24/17
...
Zombie-like Hell
  12/07/17
...
brilliant forum
  12/07/17


Poast new message in this thread



Reply Favorite

Date: August 11th, 2017 8:36 PM
Author: irate generalized bond

I appreciate the current enthusiasm in crypto markets and the resilience it has shown with the crash a few weeks back.

However this is my warning that there is a high chance of a black swan that will upend things.

Specifically in terms of regulation & exchanges. The SEC has sent a warning shot but it seems to have been brushed off by everyone in short order. But what's happening now with Bitfinex goes beyond the surface. I suspect a major US exchange is likely to have major problems shortly.

And the biggest risk of all is not actually the SEC -- but the PBoC. The Chinese government has yet to take enforcement action on ICOs and it remains fairly easy for Chinese to purchase crypto. However new ICOs are being launched in China at a crazier pace currently than even in the west at the moment (most of which you haven't heard about). The PBoC are well-aware aware and will do something soon - I suspect again it may involve the more "retail" exchanges which will put an enormous damper on sentiment.

They have even more incentive given they've cracked down on just about all other major sources of capital outflows. And the ramification will be enormous - let me tell you, when the Chinese (or Koreans) panic & dump a speculative asset, there's quite nothing like it.

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33967822)



Reply Favorite

Date: August 11th, 2017 8:37 PM
Author: Ultramarine garrison roommate

fuuuuuck

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33967835)



Reply Favorite

Date: August 11th, 2017 8:41 PM
Author: white stag film

this is why i instantly convert to USDT after a BTC moon or ATH

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33967872)



Reply Favorite

Date: August 11th, 2017 8:43 PM
Author: Offensive tanning salon

thanks very much for this. if you can relay any hints to your zozo friends about what you hear about anything that may be in the works we would owe you are lives.

also, jfc is omg gonna keep mooning like this???

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33967885)



Reply Favorite

Date: August 11th, 2017 8:44 PM
Author: Offensive tanning salon

also any thoughts on quantum or neo? youve mentioned you like 0x and were on point with calling d0x and the other good icos going to market. anything else you like? tyty

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33967904)



Reply Favorite

Date: August 11th, 2017 8:45 PM
Author: excitant therapy

Good post OP. The resumption of massive crypto mania post-BTC fork is scary to behold.

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33967918)



Reply Favorite

Date: August 11th, 2017 8:46 PM
Author: Offensive tanning salon

soooo cr but yet its sooooo cr

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33967921)



Reply Favorite

Date: August 11th, 2017 9:38 PM
Author: Histrionic Domesticated Pistol Party Of The First Part



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33968249)



Reply Favorite

Date: August 12th, 2017 2:49 PM
Author: gay liquid oxygen ladyboy

OP, how do you reconcile this poast with the one you made here?

http://www.autoadmit.com/thread.php?thread_id=3698769&forum_id=2#33969858

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33971414)



Reply Favorite

Date: August 12th, 2017 2:55 PM
Author: insanely creepy burgundy circlehead

Both are flame

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33971460)



Reply Favorite

Date: August 12th, 2017 2:56 PM
Author: smoky principal's office

I don't think any of this will happen, this is just more bull fuel to crush the bears

crypto is here to stay you can't stop it

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33971461)



Reply Favorite

Date: August 12th, 2017 2:57 PM
Author: translucent judgmental stage haunted graveyard

(Stockbroker in 1929)

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33971471)



Reply Favorite

Date: August 12th, 2017 3:00 PM
Author: pink lascivious black woman marketing idea



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33971494)



Reply Favorite

Date: August 12th, 2017 3:04 PM
Author: Offensive tanning salon

17th century dutch tulip farmer, actually.

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33971521)



Reply Favorite

Date: August 22nd, 2017 2:32 PM
Author: Bateful locale puppy



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34045961)



Reply Favorite

Date: December 7th, 2017 1:04 PM
Author: Provocative khaki turdskin milk



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34861151)



Reply Favorite

Date: November 15th, 2018 6:03 PM
Author: Unholy beady-eyed hairy legs internal respiration



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#37240690)



Reply Favorite

Date: November 15th, 2018 6:05 PM
Author: free-loading spruce office



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#37240709)



Reply Favorite

Date: August 21st, 2017 6:22 PM
Author: excitant therapy



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34039971)



Reply Favorite

Date: August 21st, 2017 6:25 PM
Author: thirsty very tactful half-breed

This is a good, substantive post. I don't have enough to care but it's good to see some voice of reason in the the sea of optimism.

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34039993)



Reply Favorite

Date: August 21st, 2017 6:32 PM
Author: talented anal piazza ratface



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34040047)



Reply Favorite

Date: August 21st, 2017 6:32 PM
Author: narrow-minded hominid

jfc why can't there just be something to invest in that just moons like crazy without any of these fucking insane risks. If ETH gets to 500 I am out

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34040046)



Reply Favorite

Date: August 21st, 2017 6:35 PM
Author: gay liquid oxygen ladyboy

Not for nothing, but I think the odds are higher China makes its move before ETH hits $500.

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34040058)



Reply Favorite

Date: August 21st, 2017 6:56 PM
Author: narrow-minded hominid

Jfc

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34040216)



Reply Favorite

Date: August 22nd, 2017 2:10 PM
Author: Pearly useless brakes

lol

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34045742)



Reply Favorite

Date: August 22nd, 2017 5:58 PM
Author: Bat Shit Crazy Flushed Public Bath



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34047682)



Reply Favorite

Date: August 22nd, 2017 2:14 PM
Author: Supple nowag windowlicker

SNES Classic Edition was a risk-free several hundred dollars in pure profit dude. I pre-ordered five of them using my Python magic and shoe leather hying to GameStop right in the nick of time.

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34045777)



Reply Favorite

Date: August 22nd, 2017 1:57 PM
Author: excitant therapy



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34045643)



Reply Favorite

Date: August 22nd, 2017 5:47 PM
Author: Beta Copper People Who Are Hurt

A regulation panic crash will be a huge buying opportunity unless you concede that these assets will not stand up to regulatory scrutiny. That being the case, they're exactly the type of asset that should be regulated. These scamcoin icos have complete joke valuations untethered from reality when compared to what the projects would raise on registered securities markets or through private venture funding.

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34047607)



Reply Favorite

Date: August 22nd, 2017 5:57 PM
Author: Jade cerebral whorehouse

ICOs have disrupted the cost of capital for startups. VCs previously had a monopoly on funding startups and insisted on onerous terms (i.e., a high cost of capital) because they were investing large sums of money on behalf of demanding clients. With ICOs, the average investment is much smaller and the investors are less demanding. The huge overhead imposed by VCs have been abolished. So yes, startups are getting more money than they would from VCs (suggesting "higher valuations"), but that is because the VC leaches are no longer holding value back by lining their pockets. In other words, the total value is the same, it's just that without VCs taking their ridiculous cuts, it seems shockingly bigger.



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34047678)



Reply Favorite

Date: August 22nd, 2017 6:08 PM
Author: Offensive tanning salon

ty

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34047763)



Reply Favorite

Date: August 22nd, 2017 6:43 PM
Author: Beta Copper People Who Are Hurt

180

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34048002)



Reply Favorite

Date: August 22nd, 2017 11:33 PM
Author: cordovan telephone

They didn't disrupt anything. They just let nonaccredited Reddit investors invest AND trade the securities of highly speculative start-ups from the comfort of their basement. You now have 100's of illegitimate operations raising tens of millions of dollars with no diligence and no product. More than 90 percent of these are going to flame out and leave the holders with nothing. It's totally illegal, and illegality is not disruption.

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34049959)



Reply Favorite

Date: August 22nd, 2017 6:08 PM
Author: Histrionic Domesticated Pistol Party Of The First Part

they'll regulate ICOs and some exchanges maybe and it will be good long term.

HODL niggers

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34047753)



Reply Favorite

Date: August 22nd, 2017 6:24 PM
Author: maize hideous foreskin

i took a cursory look at the possibility of the People's Bank of China (PBoC) banning / negative action on crypto...

in 2014 the governor of the PBoC said explicitly they would not ban bitcoin: https://www.coindesk.com/chinas-central-bank-governor-pboc-wont-ban-bitcoin/

in February 2016 the governor spoke about how the PBoC is developing its own cryptocurrency - he seems to think paper / coin fiat will go away

here's an article about a crypto job ad PBoC posted: https://qz.com/838589/chinas-central-bank-is-hiring-blockchain-experts-to-help-it-kill-off-cash/

I suppose the Chinese could shock us all and issue catastrophic regulations but that seems unlikely for now

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34047877)



Reply Favorite

Date: August 22nd, 2017 9:03 PM
Author: Histrionic Domesticated Pistol Party Of The First Part

180 ty

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34048855)



Reply Favorite

Date: August 22nd, 2017 11:35 PM
Author: cordovan telephone

In 2013 they clamped down on the exchanges. The Chinese government doesn't want its citizens using Bitcoin to evade currency controls that limit how much capital leaves the country.

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34049989)



Reply Favorite

Date: August 22nd, 2017 11:25 PM
Author: puce school dog poop

isn't South Korea's regulatory authority a bigger risk than China's?

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34049893)



Reply Favorite

Date: September 4th, 2017 9:52 AM
Author: irate generalized bond



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34134115)



Reply Favorite

Date: September 4th, 2017 9:53 AM
Author: floppy base sneaky criminal

Well done

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34134119)



Reply Favorite

Date: November 24th, 2017 12:18 PM
Author: Zombie-like Hell

?

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34761917)



Reply Favorite

Date: September 4th, 2017 9:53 AM
Author: Naked space keepsake machete



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34134120)



Reply Favorite

Date: September 4th, 2017 9:56 AM
Author: Concupiscible azn



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34134130)



Reply Favorite

Date: September 4th, 2017 9:59 AM
Author: Pearly useless brakes

I sold everything based on your blank bump assurances.

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34134135)



Reply Favorite

Date: September 4th, 2017 9:55 AM
Author: idiotic international law enforcement agency

lol fgt

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34134128)



Reply Favorite

Date: September 4th, 2017 11:31 AM
Author: Offensive tanning salon

HE TRIED TO WARN US

(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34134455)



Reply Favorite

Date: November 24th, 2017 12:20 PM
Author: Offensive tanning salon



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34761935)



Reply Favorite

Date: September 4th, 2017 11:31 AM
Author: Histrionic Domesticated Pistol Party Of The First Part



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34134457)



Reply Favorite

Date: September 4th, 2017 9:59 PM
Author: Bat Shit Crazy Flushed Public Bath



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34138179)



Reply Favorite

Date: November 24th, 2017 12:17 PM
Author: mewling institution



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34761911)



Reply Favorite

Date: December 7th, 2017 1:02 PM
Author: Zombie-like Hell



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34861139)



Reply Favorite

Date: December 7th, 2017 1:05 PM
Author: brilliant forum



(http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34861155)