In poor earnings report Coinbase announces it will seize users' crypto if it goes bankrupt

[Professor Emeritus]

I bought shiba on there. shyt isn’t even worth the energy it took to write this sentence.

People already committing dat

That's horrible man. I was in the crypto threads here before repeatedly trying to warn them that it wasn't an "investment" like that, that they were up against a lot of whales and scammers and making money would be contingent on getting really fukking lucky or assuming you can predict the market better than 95% of the rest of the gamblers out there, but I kept getting shut down or mocked for supposedly "not understanding" the crypto market like they did.

 

[kdub83]

If you’re holding long term, you should have a cold storage wallet anyway. Never leave large sums of money on an exchange.

 

[Human Torch]

Took my couple stacks out a few months back. Got some xrp in there.


At this point I’m tryna find the next short play and hit it big. A few brehs in the terra subreddit became millionaires shorting this jawn over the last couple days.

 

[bnew]

 

[Saysumthinfunnymike]

Lmao..

 

[bnew]

 

[Cat piss martini]

 

[DeuceZ]

Does this include the coins you have in the Coinbase wallet?

 

[CouldntBeMeTho]

That's horrible man. I was in the crypto threads here before repeatedly trying to warn them that it wasn't an "investment" like that, that they were up against a lot of whales and scammers and making money would be contingent on getting really fukking lucky or assuming you can predict the market better than 95% of the rest of the gamblers out there, but I kept getting shut down or mocked for supposedly "not understanding" the crypto market like they did.

Let's not forget about coli coins

 

[Cladyclad]

I’m so coinbased

 

[Professor Emeritus]

Pro-capitalism fools are really starting to learn what "deregulation" is all about. It means the people who control your money can do anything they want and there ain't shyt you can do about it.


We're about two weeks away from the crypto community desperately begging their governments to step in and start regulating.

 

[Ghost Utmost]

Here's my think piece on this shyt going sideways

Duh.

(To some of us it's surprising it's lasted THIS long.

Crypto has some utility and is here to stay. What is going to go away is the idea that it's some investment. Some people gonna do very well by taking the money of the majority of the investors and hauling ass)

 

[the bossman]

Should be storing your crypto on a cold wallet outside of coinbase anyway

 

[Roid Jones]

Yikes