The most prestigious law school admissions discussion board in the world.
|
 |
 
|
A Warning on Crypto Markets
| Haunting volcanic crater senate | 08/11/17 |
| Crusty keepsake machete lettuce | 08/11/17 |
| khaki genital piercing | 08/11/17 |
| Odious swollen community account locale | 08/11/17 |
| Odious swollen community account locale | 08/11/17 |
| ungodly lodge legend | 08/11/17 |
| Odious swollen community account locale | 08/11/17 |
| Gaped carmine mad cow disease windowlicker | 08/11/17 |
| exciting henna locus boistinker | 08/12/17 |
| olive death wish place of business | 08/12/17 |
| purple affirmative action queen of the night | 08/12/17 |
| Wild insanely creepy home | 08/12/17 |
| Lake out-of-control haunted graveyard sanctuary | 08/12/17 |
| Odious swollen community account locale | 08/12/17 |
| hyperventilating new version market | 08/22/17 |
| Frum spruce ladyboy | 12/07/17 |
| Excitant Codepig Coldplay Fan | 11/15/18 |
| Costumed Adventurous Resort Philosopher-king | 11/15/18 |
| ungodly lodge legend | 08/21/17 |
| Maize Useless Piazza | 08/21/17 |
| Appetizing bonkers giraffe address | 08/21/17 |
| Talking aphrodisiac university persian | 08/21/17 |
| exciting henna locus boistinker | 08/21/17 |
| Talking aphrodisiac university persian | 08/21/17 |
| citrine hall preventive strike | 08/22/17 |
| Judgmental tantric stag film turdskin | 08/22/17 |
| Vigorous theatre | 08/22/17 |
| ungodly lodge legend | 08/22/17 |
| Wonderful aggressive alpha macaca | 08/22/17 |
| motley incel | 08/22/17 |
| Odious swollen community account locale | 08/22/17 |
| Wonderful aggressive alpha macaca | 08/22/17 |
| Crimson fiercely-loyal field toilet seat | 08/22/17 |
| Gaped carmine mad cow disease windowlicker | 08/22/17 |
| mahogany chest-beating garrison | 08/22/17 |
| Gaped carmine mad cow disease windowlicker | 08/22/17 |
| Crimson fiercely-loyal field toilet seat | 08/22/17 |
| Concupiscible Drunken Public Bath Mother | 08/22/17 |
| Haunting volcanic crater senate | 09/04/17 |
| diverse irate heaven | 09/04/17 |
| Flickering emerald orchestra pit faggot firefighter | 11/24/17 |
| saffron ape national | 09/04/17 |
| Bistre Adulterous Sweet Tailpipe Doctorate | 09/04/17 |
| citrine hall preventive strike | 09/04/17 |
| Pungent Arousing Principal's Office | 09/04/17 |
| Odious swollen community account locale | 09/04/17 |
| Odious swollen community account locale | 11/24/17 |
| Gaped carmine mad cow disease windowlicker | 09/04/17 |
| Judgmental tantric stag film turdskin | 09/04/17 |
| hairraiser walnut candlestick maker | 11/24/17 |
| Flickering emerald orchestra pit faggot firefighter | 12/07/17 |
| submissive half-breed nowag | 12/07/17 |
Poast new message in this thread
Date: August 11th, 2017 8:36 PM Author: Haunting volcanic crater senate 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. |
Date: August 11th, 2017 8:37 PM Author: Crusty keepsake machete lettuce fuuuuuck (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33967835) |
|
Date: August 11th, 2017 8:41 PM Author: khaki genital piercing 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) |
|
Date: August 11th, 2017 8:43 PM Author: Odious swollen community account locale 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??? |
|
Date: August 11th, 2017 8:44 PM Author: Odious swollen community account locale 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) |
|
Date: August 11th, 2017 8:45 PM Author: ungodly lodge legend 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) |
 |
Date: August 11th, 2017 8:46 PM Author: Odious swollen community account locale soooo cr but yet its sooooo cr (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33967921) |
|
Date: August 11th, 2017 9:38 PM Author: Gaped carmine mad cow disease windowlicker (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33968249) |
|
Date: August 12th, 2017 2:49 PM Author: exciting henna locus boistinker 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 |
|
Date: August 12th, 2017 2:55 PM Author: olive death wish place of business Both are flame (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33971460) |
|
Date: August 12th, 2017 2:56 PM Author: purple affirmative action queen of the night 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 |
|
Date: August 12th, 2017 2:57 PM Author: Wild insanely creepy home (Stockbroker in 1929) (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33971471) |
|
Date: August 12th, 2017 3:00 PM Author: Lake out-of-control haunted graveyard sanctuary (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33971494) |
|
Date: August 12th, 2017 3:04 PM Author: Odious swollen community account locale 17th century dutch tulip farmer, actually. (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#33971521) |
|
Date: August 22nd, 2017 2:32 PM Author: hyperventilating new version market (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34045961) |
|
Date: December 7th, 2017 1:04 PM Author: Frum spruce ladyboy (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34861151) |
|
Date: November 15th, 2018 6:03 PM Author: Excitant Codepig Coldplay Fan (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#37240690) |
|
Date: November 15th, 2018 6:05 PM Author: Costumed Adventurous Resort Philosopher-king (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#37240709) |
|
Date: August 21st, 2017 6:22 PM Author: ungodly lodge legend (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34039971) |
|
Date: August 21st, 2017 6:25 PM Author: Maize Useless Piazza 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) |
|
Date: August 21st, 2017 6:32 PM Author: Appetizing bonkers giraffe address (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34040047) |
|
Date: August 21st, 2017 6:32 PM Author: Talking aphrodisiac university persian 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) |
|
Date: August 21st, 2017 6:35 PM Author: exciting henna locus boistinker 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) |
|
Date: August 21st, 2017 6:56 PM Author: Talking aphrodisiac university persian Jfc (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34040216) |
|
Date: August 22nd, 2017 2:10 PM Author: citrine hall preventive strike lol (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34045742) |
|
Date: August 22nd, 2017 5:58 PM Author: Judgmental tantric stag film turdskin (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34047682) |
|
Date: August 22nd, 2017 2:14 PM Author: Vigorous theatre 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) |
|
Date: August 22nd, 2017 1:57 PM Author: ungodly lodge legend (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34045643) |
|
Date: August 22nd, 2017 5:47 PM Author: Wonderful aggressive alpha macaca 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) |
|
Date: August 22nd, 2017 5:57 PM Author: motley incel 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.
|
|
Date: August 22nd, 2017 6:08 PM Author: Odious swollen community account locale ty (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34047763) |
|
Date: August 22nd, 2017 6:43 PM Author: Wonderful aggressive alpha macaca 180 (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34048002) |
|
Date: August 22nd, 2017 11:33 PM Author: Crimson fiercely-loyal field toilet seat 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) |
|
Date: August 22nd, 2017 6:08 PM Author: Gaped carmine mad cow disease windowlicker they'll regulate ICOs and some exchanges maybe and it will be good long term.
HODL niggers |
|
Date: August 22nd, 2017 6:24 PM Author: mahogany chest-beating 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 |
|
Date: August 22nd, 2017 9:03 PM Author: Gaped carmine mad cow disease windowlicker 180 ty (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34048855) |
|
Date: August 22nd, 2017 11:35 PM Author: Crimson fiercely-loyal field toilet seat 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) |
|
Date: August 22nd, 2017 11:25 PM Author: Concupiscible Drunken Public Bath Mother 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) |
|
Date: September 4th, 2017 9:52 AM Author: Haunting volcanic crater senate (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34134115) |
|
Date: September 4th, 2017 9:53 AM Author: diverse irate heaven Well done (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34134119) |
|
Date: November 24th, 2017 12:18 PM Author: Flickering emerald orchestra pit faggot firefighter ? (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34761917) |
|
Date: September 4th, 2017 9:53 AM Author: saffron ape national (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34134120) |
|
Date: September 4th, 2017 9:56 AM Author: Bistre Adulterous Sweet Tailpipe Doctorate (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34134130) |
|
Date: September 4th, 2017 9:59 AM Author: citrine hall preventive strike I sold everything based on your blank bump assurances. (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34134135) |
|
Date: September 4th, 2017 9:55 AM Author: Pungent Arousing Principal's Office lol fgt (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34134128) |
|
Date: September 4th, 2017 11:31 AM Author: Odious swollen community account locale HE TRIED TO WARN US (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34134455) |
|
Date: November 24th, 2017 12:20 PM Author: Odious swollen community account locale (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34761935) |
|
Date: September 4th, 2017 11:31 AM Author: Gaped carmine mad cow disease windowlicker (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34134457) |
|
Date: September 4th, 2017 9:59 PM Author: Judgmental tantric stag film turdskin (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34138179) |
|
Date: November 24th, 2017 12:17 PM Author: hairraiser walnut candlestick maker (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34761911) |
|
Date: December 7th, 2017 1:02 PM Author: Flickering emerald orchestra pit faggot firefighter (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34861139) |
|
Date: December 7th, 2017 1:05 PM Author: submissive half-breed nowag (http://www.autoadmit.com/thread.php?thread_id=3698615&forum_id=2#34861155) |