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A Warning on Crypto Markets

I appreciate the current enthusiasm in crypto markets and th...
Glassy location mad cow disease
  08/11/17
fuuuuuck
diverse purple elastic band quadroon
  08/11/17
this is why i instantly convert to USDT after a BTC moon or ...
razzle rebellious coffee pot
  08/11/17
thanks very much for this. if you can relay any hints to you...
laughsome poppy hunting ground
  08/11/17
also any thoughts on quantum or neo? youve mentioned you lik...
laughsome poppy hunting ground
  08/11/17
Good post OP. The resumption of massive crypto mania post-B...
Narrow-minded Ticket Booth
  08/11/17
soooo cr but yet its sooooo cr
laughsome poppy hunting ground
  08/11/17
...
magical gold office haunted graveyard
  08/11/17
OP, how do you reconcile this poast with the one you made he...
Flirting mind-boggling roommate knife
  08/12/17
Both are flame
Provocative Canary Center Factory Reset Button
  08/12/17
I don't think any of this will happen, this is just more bul...
flushed twinkling uncleanness
  08/12/17
(Stockbroker in 1929)
Vibrant ruby famous landscape painting
  08/12/17
...
Spectacular Walnut Locale Idiot
  08/12/17
17th century dutch tulip farmer, actually.
laughsome poppy hunting ground
  08/12/17
...
Mischievous lay
  08/22/17
...
Galvanic Alcoholic Weed Whacker Station
  12/07/17
...
pearly business firm
  11/15/18
...
Motley nursing home
  11/15/18
...
Narrow-minded Ticket Booth
  08/21/17
This is a good, substantive post. I don't have enough to car...
snowy jewess
  08/21/17
...
Swollen Lavender Pervert Headpube
  08/21/17
jfc why can't there just be something to invest in that just...
Fragrant House Cumskin
  08/21/17
Not for nothing, but I think the odds are higher China makes...
Flirting mind-boggling roommate knife
  08/21/17
Jfc
Fragrant House Cumskin
  08/21/17
lol
Indigo sneaky criminal toaster
  08/22/17
...
Exhilarant stag film
  08/22/17
SNES Classic Edition was a risk-free several hundred dollars...
iridescent turdskin
  08/22/17
...
Narrow-minded Ticket Booth
  08/22/17
A regulation panic crash will be a huge buying opportunity u...
shimmering misanthropic school giraffe
  08/22/17
ICOs have disrupted the cost of capital for startups. VCs pr...
Twinkling Sick Kitty Cat
  08/22/17
ty
laughsome poppy hunting ground
  08/22/17
180
shimmering misanthropic school giraffe
  08/22/17
They didn't disrupt anything. They just let nonaccredited Re...
balding cobalt candlestick maker
  08/22/17
they'll regulate ICOs and some exchanges maybe and it will b...
magical gold office haunted graveyard
  08/22/17
i took a cursory look at the possibility of the People's Ban...
smoky stage legend
  08/22/17
180 ty
magical gold office haunted graveyard
  08/22/17
In 2013 they clamped down on the exchanges. The Chinese gove...
balding cobalt candlestick maker
  08/22/17
isn't South Korea's regulatory authority a bigger risk than ...
pea-brained dysfunction
  08/22/17
...
Glassy location mad cow disease
  09/04/17
Well done
mustard national
  09/04/17
?
Cerebral azn
  11/24/17
...
Copper concupiscible principal's office depressive
  09/04/17
...
talented garnet philosopher-king athletic conference
  09/04/17
I sold everything based on your blank bump assurances.
Indigo sneaky criminal toaster
  09/04/17
lol fgt
Embarrassed To The Bone Shrine
  09/04/17
HE TRIED TO WARN US
laughsome poppy hunting ground
  09/04/17
...
laughsome poppy hunting ground
  11/24/17
...
magical gold office haunted graveyard
  09/04/17
...
Exhilarant stag film
  09/04/17
...
lilac razzmatazz faggot firefighter garrison
  11/24/17
...
Cerebral azn
  12/07/17
...
Haunting adulterous set
  12/07/17


Poast new message in this thread



Reply Favorite

Date: August 11th, 2017 8:36 PM
Author: Glassy location mad cow disease

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: diverse purple elastic band quadroon

fuuuuuck

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



Reply Favorite

Date: August 11th, 2017 8:41 PM
Author: razzle rebellious coffee pot

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: laughsome poppy hunting ground

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: laughsome poppy hunting ground

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: Narrow-minded Ticket Booth

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: laughsome poppy hunting ground

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: magical gold office haunted graveyard



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



Reply Favorite

Date: August 12th, 2017 2:49 PM
Author: Flirting mind-boggling roommate knife

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: Provocative Canary Center Factory Reset Button

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: flushed twinkling uncleanness

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: Vibrant ruby famous landscape painting

(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: Spectacular Walnut Locale Idiot



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



Reply Favorite

Date: August 12th, 2017 3:04 PM
Author: laughsome poppy hunting ground

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: Mischievous lay



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



Reply Favorite

Date: December 7th, 2017 1:04 PM
Author: Galvanic Alcoholic Weed Whacker Station



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



Reply Favorite

Date: November 15th, 2018 6:03 PM
Author: pearly business firm



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



Reply Favorite

Date: November 15th, 2018 6:05 PM
Author: Motley nursing home



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



Reply Favorite

Date: August 21st, 2017 6:22 PM
Author: Narrow-minded Ticket Booth



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



Reply Favorite

Date: August 21st, 2017 6:25 PM
Author: snowy jewess

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: Swollen Lavender Pervert Headpube



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



Reply Favorite

Date: August 21st, 2017 6:32 PM
Author: Fragrant House Cumskin

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: Flirting mind-boggling roommate knife

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: Fragrant House Cumskin

Jfc

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



Reply Favorite

Date: August 22nd, 2017 2:10 PM
Author: Indigo sneaky criminal toaster

lol

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



Reply Favorite

Date: August 22nd, 2017 5:58 PM
Author: Exhilarant stag film



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



Reply Favorite

Date: August 22nd, 2017 2:14 PM
Author: iridescent turdskin

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: Narrow-minded Ticket Booth



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



Reply Favorite

Date: August 22nd, 2017 5:47 PM
Author: shimmering misanthropic school giraffe

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: Twinkling Sick Kitty Cat

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: laughsome poppy hunting ground

ty

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



Reply Favorite

Date: August 22nd, 2017 6:43 PM
Author: shimmering misanthropic school giraffe

180

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



Reply Favorite

Date: August 22nd, 2017 11:33 PM
Author: balding cobalt candlestick maker

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: magical gold office haunted graveyard

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: smoky stage legend

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: magical gold office haunted graveyard

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: balding cobalt candlestick maker

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: pea-brained dysfunction

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: Glassy location mad cow disease



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



Reply Favorite

Date: September 4th, 2017 9:53 AM
Author: mustard national

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: Cerebral azn

?

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



Reply Favorite

Date: September 4th, 2017 9:53 AM
Author: Copper concupiscible principal's office depressive



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



Reply Favorite

Date: September 4th, 2017 9:56 AM
Author: talented garnet philosopher-king athletic conference



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



Reply Favorite

Date: September 4th, 2017 9:59 AM
Author: Indigo sneaky criminal toaster

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: Embarrassed To The Bone Shrine

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: laughsome poppy hunting ground

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: laughsome poppy hunting ground



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



Reply Favorite

Date: September 4th, 2017 11:31 AM
Author: magical gold office haunted graveyard



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



Reply Favorite

Date: September 4th, 2017 9:59 PM
Author: Exhilarant stag film



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



Reply Favorite

Date: November 24th, 2017 12:17 PM
Author: lilac razzmatazz faggot firefighter garrison



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



Reply Favorite

Date: December 7th, 2017 1:02 PM
Author: Cerebral azn



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



Reply Favorite

Date: December 7th, 2017 1:05 PM
Author: Haunting adulterous set



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