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A Warning on Crypto Markets

I appreciate the current enthusiasm in crypto markets and th...
Wine Hell Laser Beams
  08/11/17
fuuuuuck
erotic state
  08/11/17
this is why i instantly convert to USDT after a BTC moon or ...
brindle piazza
  08/11/17
thanks very much for this. if you can relay any hints to you...
maroon people who are hurt generalized bond
  08/11/17
also any thoughts on quantum or neo? youve mentioned you lik...
maroon people who are hurt generalized bond
  08/11/17
Good post OP. The resumption of massive crypto mania post-B...
house-broken fear-inspiring step-uncle's house
  08/11/17
soooo cr but yet its sooooo cr
maroon people who are hurt generalized bond
  08/11/17
...
Anal Giraffe Hominid
  08/11/17
OP, how do you reconcile this poast with the one you made he...
Green hyperactive parlour masturbator
  08/12/17
Both are flame
swollen sneaky criminal ratface
  08/12/17
I don't think any of this will happen, this is just more bul...
Henna massive athletic conference
  08/12/17
(Stockbroker in 1929)
Crusty bronze stage philosopher-king
  08/12/17
...
Silver maniacal fat ankles mediation
  08/12/17
17th century dutch tulip farmer, actually.
maroon people who are hurt generalized bond
  08/12/17
...
Vigorous Gold Gas Station Community Account
  08/22/17
...
azure alcoholic background story brunch
  12/07/17
...
Hyperventilating Depressive
  11/15/18
...
godawful weed whacker temple
  11/15/18
...
house-broken fear-inspiring step-uncle's house
  08/21/17
This is a good, substantive post. I don't have enough to car...
aqua pit
  08/21/17
...
fishy space
  08/21/17
jfc why can't there just be something to invest in that just...
Thriller Sick Home Coffee Pot
  08/21/17
Not for nothing, but I think the odds are higher China makes...
Green hyperactive parlour masturbator
  08/21/17
Jfc
Thriller Sick Home Coffee Pot
  08/21/17
lol
Spectacular Medicated Nursing Home Private Investor
  08/22/17
...
Bespoke casino
  08/22/17
SNES Classic Edition was a risk-free several hundred dollars...
Hairraiser library
  08/22/17
...
house-broken fear-inspiring step-uncle's house
  08/22/17
A regulation panic crash will be a huge buying opportunity u...
mewling blue forum juggernaut
  08/22/17
ICOs have disrupted the cost of capital for startups. VCs pr...
Swashbuckling love of her life
  08/22/17
ty
maroon people who are hurt generalized bond
  08/22/17
180
mewling blue forum juggernaut
  08/22/17
They didn't disrupt anything. They just let nonaccredited Re...
Doobsian up-to-no-good area
  08/22/17
they'll regulate ICOs and some exchanges maybe and it will b...
Anal Giraffe Hominid
  08/22/17
i took a cursory look at the possibility of the People's Ban...
boyish mood psychic
  08/22/17
180 ty
Anal Giraffe Hominid
  08/22/17
In 2013 they clamped down on the exchanges. The Chinese gove...
Doobsian up-to-no-good area
  08/22/17
isn't South Korea's regulatory authority a bigger risk than ...
cracking dark circlehead ticket booth
  08/22/17
...
Wine Hell Laser Beams
  09/04/17
Well done
Misunderstood Hissy Fit
  09/04/17
?
Fantasy-prone cerise voyeur
  11/24/17
...
disturbing abusive pocket flask
  09/04/17
...
Scarlet Diverse Address
  09/04/17
I sold everything based on your blank bump assurances.
Spectacular Medicated Nursing Home Private Investor
  09/04/17
lol fgt
sepia resort
  09/04/17
HE TRIED TO WARN US
maroon people who are hurt generalized bond
  09/04/17
...
maroon people who are hurt generalized bond
  11/24/17
...
Anal Giraffe Hominid
  09/04/17
...
Bespoke casino
  09/04/17
...
mildly autistic balding old irish cottage selfie
  11/24/17
...
Fantasy-prone cerise voyeur
  12/07/17
...
Supple shimmering dog poop
  12/07/17


Poast new message in this thread



Reply Favorite

Date: August 11th, 2017 8:36 PM
Author: Wine Hell Laser Beams

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: erotic state

fuuuuuck

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



Reply Favorite

Date: August 11th, 2017 8:41 PM
Author: brindle piazza

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: maroon people who are hurt generalized bond

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: maroon people who are hurt generalized bond

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: house-broken fear-inspiring step-uncle's house

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: maroon people who are hurt generalized bond

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: Anal Giraffe Hominid



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



Reply Favorite

Date: August 12th, 2017 2:49 PM
Author: Green hyperactive parlour masturbator

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: swollen sneaky criminal ratface

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: Henna massive athletic conference

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: Crusty bronze stage philosopher-king

(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: Silver maniacal fat ankles mediation



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



Reply Favorite

Date: August 12th, 2017 3:04 PM
Author: maroon people who are hurt generalized bond

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: Vigorous Gold Gas Station Community Account



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



Reply Favorite

Date: December 7th, 2017 1:04 PM
Author: azure alcoholic background story brunch



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



Reply Favorite

Date: November 15th, 2018 6:03 PM
Author: Hyperventilating Depressive



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



Reply Favorite

Date: November 15th, 2018 6:05 PM
Author: godawful weed whacker temple



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



Reply Favorite

Date: August 21st, 2017 6:22 PM
Author: house-broken fear-inspiring step-uncle's house



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



Reply Favorite

Date: August 21st, 2017 6:25 PM
Author: aqua pit

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: fishy space



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



Reply Favorite

Date: August 21st, 2017 6:32 PM
Author: Thriller Sick Home Coffee Pot

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: Green hyperactive parlour masturbator

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: Thriller Sick Home Coffee Pot

Jfc

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



Reply Favorite

Date: August 22nd, 2017 2:10 PM
Author: Spectacular Medicated Nursing Home Private Investor

lol

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



Reply Favorite

Date: August 22nd, 2017 5:58 PM
Author: Bespoke casino



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



Reply Favorite

Date: August 22nd, 2017 2:14 PM
Author: Hairraiser library

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: house-broken fear-inspiring step-uncle's house



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



Reply Favorite

Date: August 22nd, 2017 5:47 PM
Author: mewling blue forum juggernaut

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: Swashbuckling love of her life

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: maroon people who are hurt generalized bond

ty

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



Reply Favorite

Date: August 22nd, 2017 6:43 PM
Author: mewling blue forum juggernaut

180

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



Reply Favorite

Date: August 22nd, 2017 11:33 PM
Author: Doobsian up-to-no-good area

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: Anal Giraffe Hominid

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: boyish mood psychic

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: Anal Giraffe Hominid

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: Doobsian up-to-no-good area

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: cracking dark circlehead ticket booth

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: Wine Hell Laser Beams



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



Reply Favorite

Date: September 4th, 2017 9:53 AM
Author: Misunderstood Hissy Fit

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: Fantasy-prone cerise voyeur

?

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



Reply Favorite

Date: September 4th, 2017 9:53 AM
Author: disturbing abusive pocket flask



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



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Date: September 4th, 2017 9:56 AM
Author: Scarlet Diverse Address



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



Reply Favorite

Date: September 4th, 2017 9:59 AM
Author: Spectacular Medicated Nursing Home Private Investor

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: sepia resort

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: maroon people who are hurt generalized bond

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: maroon people who are hurt generalized bond



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



Reply Favorite

Date: September 4th, 2017 11:31 AM
Author: Anal Giraffe Hominid



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



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Date: September 4th, 2017 9:59 PM
Author: Bespoke casino



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



Reply Favorite

Date: November 24th, 2017 12:17 PM
Author: mildly autistic balding old irish cottage selfie



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



Reply Favorite

Date: December 7th, 2017 1:02 PM
Author: Fantasy-prone cerise voyeur



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



Reply Favorite

Date: December 7th, 2017 1:05 PM
Author: Supple shimmering dog poop



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