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A Warning on Crypto Markets

I appreciate the current enthusiasm in crypto markets and th...
Fragrant Library Round Eye
  08/11/17
fuuuuuck
tripping rehab nowag
  08/11/17
this is why i instantly convert to USDT after a BTC moon or ...
bisexual bright digit ratio pocket flask
  08/11/17
thanks very much for this. if you can relay any hints to you...
dull twinkling uncleanness striped hyena
  08/11/17
also any thoughts on quantum or neo? youve mentioned you lik...
dull twinkling uncleanness striped hyena
  08/11/17
Good post OP. The resumption of massive crypto mania post-B...
indecent cuckold
  08/11/17
soooo cr but yet its sooooo cr
dull twinkling uncleanness striped hyena
  08/11/17
...
Sapphire exciting theater stage weed whacker
  08/11/17
OP, how do you reconcile this poast with the one you made he...
Very tactful bossy stage marketing idea
  08/12/17
Both are flame
Thriller roommate
  08/12/17
I don't think any of this will happen, this is just more bul...
motley state haunted graveyard
  08/12/17
(Stockbroker in 1929)
Hyperventilating Boistinker Office
  08/12/17
...
startled stimulating casino
  08/12/17
17th century dutch tulip farmer, actually.
dull twinkling uncleanness striped hyena
  08/12/17
...
big-titted charismatic clown preventive strike
  08/22/17
...
duck-like razzmatazz becky
  12/07/17
...
Sable Theatre
  11/15/18
...
appetizing immigrant knife
  11/15/18
...
indecent cuckold
  08/21/17
This is a good, substantive post. I don't have enough to car...
Overrated faggotry
  08/21/17
...
Federal son of senegal
  08/21/17
jfc why can't there just be something to invest in that just...
vigorous cyan gas station party of the first part
  08/21/17
Not for nothing, but I think the odds are higher China makes...
Very tactful bossy stage marketing idea
  08/21/17
Jfc
vigorous cyan gas station party of the first part
  08/21/17
lol
Crystalline buck-toothed national
  08/22/17
...
vivacious public bath idea he suggested
  08/22/17
SNES Classic Edition was a risk-free several hundred dollars...
180 menage
  08/22/17
...
indecent cuckold
  08/22/17
A regulation panic crash will be a huge buying opportunity u...
outnumbered crackhouse
  08/22/17
ICOs have disrupted the cost of capital for startups. VCs pr...
brilliant stirring yarmulke
  08/22/17
ty
dull twinkling uncleanness striped hyena
  08/22/17
180
outnumbered crackhouse
  08/22/17
They didn't disrupt anything. They just let nonaccredited Re...
scarlet garrison prole
  08/22/17
they'll regulate ICOs and some exchanges maybe and it will b...
Sapphire exciting theater stage weed whacker
  08/22/17
i took a cursory look at the possibility of the People's Ban...
plum coffee pot giraffe
  08/22/17
180 ty
Sapphire exciting theater stage weed whacker
  08/22/17
In 2013 they clamped down on the exchanges. The Chinese gove...
scarlet garrison prole
  08/22/17
isn't South Korea's regulatory authority a bigger risk than ...
curious resort double fault
  08/22/17
...
Fragrant Library Round Eye
  09/04/17
Well done
twinkling odious selfie
  09/04/17
?
ruby fortuitous meteor
  11/24/17
...
Heady newt
  09/04/17
...
Aggressive step-uncle's house
  09/04/17
I sold everything based on your blank bump assurances.
Crystalline buck-toothed national
  09/04/17
lol fgt
harsh low-t point
  09/04/17
HE TRIED TO WARN US
dull twinkling uncleanness striped hyena
  09/04/17
...
dull twinkling uncleanness striped hyena
  11/24/17
...
Sapphire exciting theater stage weed whacker
  09/04/17
...
vivacious public bath idea he suggested
  09/04/17
...
Flickering Chestnut Headpube Property
  11/24/17
...
ruby fortuitous meteor
  12/07/17
...
Henna hall laser beams
  12/07/17


Poast new message in this thread



Reply Favorite

Date: August 11th, 2017 8:36 PM
Author: Fragrant Library Round Eye

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: tripping rehab nowag

fuuuuuck

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



Reply Favorite

Date: August 11th, 2017 8:41 PM
Author: bisexual bright digit ratio pocket flask

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: dull twinkling uncleanness striped hyena

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: dull twinkling uncleanness striped hyena

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: indecent cuckold

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: dull twinkling uncleanness striped hyena

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: Sapphire exciting theater stage weed whacker



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



Reply Favorite

Date: August 12th, 2017 2:49 PM
Author: Very tactful bossy stage marketing idea

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: Thriller roommate

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: motley state haunted graveyard

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: Hyperventilating Boistinker Office

(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: startled stimulating casino



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



Reply Favorite

Date: August 12th, 2017 3:04 PM
Author: dull twinkling uncleanness striped hyena

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: big-titted charismatic clown preventive strike



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



Reply Favorite

Date: December 7th, 2017 1:04 PM
Author: duck-like razzmatazz becky



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



Reply Favorite

Date: November 15th, 2018 6:03 PM
Author: Sable Theatre



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



Reply Favorite

Date: November 15th, 2018 6:05 PM
Author: appetizing immigrant knife



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



Reply Favorite

Date: August 21st, 2017 6:22 PM
Author: indecent cuckold



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



Reply Favorite

Date: August 21st, 2017 6:25 PM
Author: Overrated faggotry

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: Federal son of senegal



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



Reply Favorite

Date: August 21st, 2017 6:32 PM
Author: vigorous cyan gas station party of the first part

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: Very tactful bossy stage marketing idea

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 cyan gas station party of the first part

Jfc

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



Reply Favorite

Date: August 22nd, 2017 2:10 PM
Author: Crystalline buck-toothed national

lol

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



Reply Favorite

Date: August 22nd, 2017 5:58 PM
Author: vivacious public bath idea he suggested



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



Reply Favorite

Date: August 22nd, 2017 2:14 PM
Author: 180 menage

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: indecent cuckold



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



Reply Favorite

Date: August 22nd, 2017 5:47 PM
Author: outnumbered crackhouse

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: brilliant stirring yarmulke

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: dull twinkling uncleanness striped hyena

ty

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



Reply Favorite

Date: August 22nd, 2017 6:43 PM
Author: outnumbered crackhouse

180

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



Reply Favorite

Date: August 22nd, 2017 11:33 PM
Author: scarlet garrison prole

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: Sapphire exciting theater stage weed whacker

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: plum coffee pot giraffe

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: Sapphire exciting theater stage weed whacker

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: scarlet garrison prole

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: curious resort double fault

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: Fragrant Library Round Eye



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



Reply Favorite

Date: September 4th, 2017 9:53 AM
Author: twinkling odious selfie

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: ruby fortuitous meteor

?

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



Reply Favorite

Date: September 4th, 2017 9:53 AM
Author: Heady newt



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



Reply Favorite

Date: September 4th, 2017 9:56 AM
Author: Aggressive step-uncle's house



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



Reply Favorite

Date: September 4th, 2017 9:59 AM
Author: Crystalline buck-toothed national

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: harsh low-t point

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: dull twinkling uncleanness striped hyena

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: dull twinkling uncleanness striped hyena



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



Reply Favorite

Date: September 4th, 2017 11:31 AM
Author: Sapphire exciting theater stage weed whacker



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



Reply Favorite

Date: September 4th, 2017 9:59 PM
Author: vivacious public bath idea he suggested



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



Reply Favorite

Date: November 24th, 2017 12:17 PM
Author: Flickering Chestnut Headpube Property



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



Reply Favorite

Date: December 7th, 2017 1:02 PM
Author: ruby fortuitous meteor



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



Reply Favorite

Date: December 7th, 2017 1:05 PM
Author: Henna hall laser beams



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