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A Warning on Crypto Markets

I appreciate the current enthusiasm in crypto markets and th...
sinister drunken point
  08/11/17
fuuuuuck
Violent shitlib
  08/11/17
this is why i instantly convert to USDT after a BTC moon or ...
Pearly Temple Pozpig
  08/11/17
thanks very much for this. if you can relay any hints to you...
ultramarine splenetic pit
  08/11/17
also any thoughts on quantum or neo? youve mentioned you lik...
ultramarine splenetic pit
  08/11/17
Good post OP. The resumption of massive crypto mania post-B...
adventurous roast beef pistol
  08/11/17
soooo cr but yet its sooooo cr
ultramarine splenetic pit
  08/11/17
...
lavender theater gay wizard
  08/11/17
OP, how do you reconcile this poast with the one you made he...
Lemon Church
  08/12/17
Both are flame
shaky marvelous property
  08/12/17
I don't think any of this will happen, this is just more bul...
Histrionic free-loading cumskin location
  08/12/17
(Stockbroker in 1929)
Awkward Swashbuckling Haunted Graveyard Police Squad
  08/12/17
...
soggy dun philosopher-king toilet seat
  08/12/17
17th century dutch tulip farmer, actually.
ultramarine splenetic pit
  08/12/17
...
impressive circlehead
  08/22/17
...
Aromatic sticky sweet tailpipe
  12/07/17
...
navy institution
  11/15/18
...
mentally impaired cowardly multi-billionaire gas station
  11/15/18
...
adventurous roast beef pistol
  08/21/17
This is a good, substantive post. I don't have enough to car...
Well-lubricated Ruby Yarmulke Step-uncle's House
  08/21/17
...
Insanely Creepy Office Famous Landscape Painting
  08/21/17
jfc why can't there just be something to invest in that just...
Vigorous Vermilion Patrolman Chapel
  08/21/17
Not for nothing, but I think the odds are higher China makes...
Lemon Church
  08/21/17
Jfc
Vigorous Vermilion Patrolman Chapel
  08/21/17
lol
greedy pale business firm
  08/22/17
...
hairraiser den personal credit line
  08/22/17
SNES Classic Edition was a risk-free several hundred dollars...
Shivering Spectacular Senate
  08/22/17
...
adventurous roast beef pistol
  08/22/17
A regulation panic crash will be a huge buying opportunity u...
Appetizing fear-inspiring menage becky
  08/22/17
ICOs have disrupted the cost of capital for startups. VCs pr...
Doobsian violent native sex offender
  08/22/17
ty
ultramarine splenetic pit
  08/22/17
180
Appetizing fear-inspiring menage becky
  08/22/17
They didn't disrupt anything. They just let nonaccredited Re...
internet-worthy feces azn
  08/22/17
they'll regulate ICOs and some exchanges maybe and it will b...
lavender theater gay wizard
  08/22/17
i took a cursory look at the possibility of the People's Ban...
Clear garrison
  08/22/17
180 ty
lavender theater gay wizard
  08/22/17
In 2013 they clamped down on the exchanges. The Chinese gove...
internet-worthy feces azn
  08/22/17
isn't South Korea's regulatory authority a bigger risk than ...
Dead ocher locus clown
  08/22/17
...
sinister drunken point
  09/04/17
Well done
slippery contagious space boistinker
  09/04/17
?
Balding boyish codepig
  11/24/17
...
Odious silver persian
  09/04/17
...
zippy glittery background story hospital
  09/04/17
I sold everything based on your blank bump assurances.
greedy pale business firm
  09/04/17
lol fgt
ruddy abusive scourge upon the earth center
  09/04/17
HE TRIED TO WARN US
ultramarine splenetic pit
  09/04/17
...
ultramarine splenetic pit
  11/24/17
...
lavender theater gay wizard
  09/04/17
...
hairraiser den personal credit line
  09/04/17
...
Sapphire indian lodge
  11/24/17
...
Balding boyish codepig
  12/07/17
...
Crusty public bath
  12/07/17


Poast new message in this thread



Reply Favorite

Date: August 11th, 2017 8:36 PM
Author: sinister drunken point

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: Violent shitlib

fuuuuuck

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



Reply Favorite

Date: August 11th, 2017 8:41 PM
Author: Pearly Temple Pozpig

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: ultramarine splenetic pit

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: ultramarine splenetic pit

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: adventurous roast beef pistol

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: ultramarine splenetic pit

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: lavender theater gay wizard



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



Reply Favorite

Date: August 12th, 2017 2:49 PM
Author: Lemon Church

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: shaky marvelous property

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: Histrionic free-loading cumskin location

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: Awkward Swashbuckling Haunted Graveyard Police Squad

(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: soggy dun philosopher-king toilet seat



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



Reply Favorite

Date: August 12th, 2017 3:04 PM
Author: ultramarine splenetic pit

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: impressive circlehead



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



Reply Favorite

Date: December 7th, 2017 1:04 PM
Author: Aromatic sticky sweet tailpipe



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



Reply Favorite

Date: November 15th, 2018 6:03 PM
Author: navy institution



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



Reply Favorite

Date: November 15th, 2018 6:05 PM
Author: mentally impaired cowardly multi-billionaire gas station



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



Reply Favorite

Date: August 21st, 2017 6:22 PM
Author: adventurous roast beef pistol



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



Reply Favorite

Date: August 21st, 2017 6:25 PM
Author: Well-lubricated Ruby Yarmulke Step-uncle's House

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: Insanely Creepy Office Famous Landscape Painting



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



Reply Favorite

Date: August 21st, 2017 6:32 PM
Author: Vigorous Vermilion Patrolman Chapel

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: Lemon Church

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: Vigorous Vermilion Patrolman Chapel

Jfc

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



Reply Favorite

Date: August 22nd, 2017 2:10 PM
Author: greedy pale business firm

lol

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



Reply Favorite

Date: August 22nd, 2017 5:58 PM
Author: hairraiser den personal credit line



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



Reply Favorite

Date: August 22nd, 2017 2:14 PM
Author: Shivering Spectacular Senate

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: adventurous roast beef pistol



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



Reply Favorite

Date: August 22nd, 2017 5:47 PM
Author: Appetizing fear-inspiring menage becky

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: Doobsian violent native sex offender

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: ultramarine splenetic pit

ty

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



Reply Favorite

Date: August 22nd, 2017 6:43 PM
Author: Appetizing fear-inspiring menage becky

180

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



Reply Favorite

Date: August 22nd, 2017 11:33 PM
Author: internet-worthy feces azn

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: lavender theater gay wizard

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: Clear garrison

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: lavender theater gay wizard

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: internet-worthy feces azn

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: Dead ocher locus clown

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: sinister drunken point



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



Reply Favorite

Date: September 4th, 2017 9:53 AM
Author: slippery contagious space boistinker

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: Balding boyish codepig

?

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



Reply Favorite

Date: September 4th, 2017 9:53 AM
Author: Odious silver persian



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



Reply Favorite

Date: September 4th, 2017 9:56 AM
Author: zippy glittery background story hospital



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



Reply Favorite

Date: September 4th, 2017 9:59 AM
Author: greedy pale business firm

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: ruddy abusive scourge upon the earth center

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: ultramarine splenetic pit

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: ultramarine splenetic pit



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



Reply Favorite

Date: September 4th, 2017 11:31 AM
Author: lavender theater gay wizard



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



Reply Favorite

Date: September 4th, 2017 9:59 PM
Author: hairraiser den personal credit line



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



Reply Favorite

Date: November 24th, 2017 12:17 PM
Author: Sapphire indian lodge



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



Reply Favorite

Date: December 7th, 2017 1:02 PM
Author: Balding boyish codepig



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



Reply Favorite

Date: December 7th, 2017 1:05 PM
Author: Crusty public bath



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