Bitcoin

Out of context: Reply #2160

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  • neverscared1

    https://www.wsj.com/articles/bin…

    binance Froze When Bitcoin Crashed. Now Users Want Their Money Back.
    The world’s largest crypto exchange has no headquarters, making it difficult for disgruntled traders to complain about the May crash

    Anand Singhal built up $50,000 in savings from the time he was 13 doing freelance coding from his bedroom in New Delhi. It was meant to pay for a dream—a master’s degree in computer science in the U.S. The money disappeared in seven minutes on May 19.

    Binance, the world’s largest cryptocurrency exchange, froze for over an hour just as the price of bitcoin and other cryptocurrencies plunged. Mr. Singhal and others, who had made leveraged bets on their rise, were locked out.

    neverscared 1Permalink
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    • *made leveraged bets*. Not justify binance.... but don't use leverage unless you can afford it all to go.shapesalad
    • ^that's just a tool - but mix that with low emotions like greed at a 500x rate...uh boygrafician
    • then again putting 50k in an exchange that's so scammy it can't even get registered in the Caymans...bruhgrafician
    • Coinbase does it all the timedrgs
    • ^https://www.nytimes...grafician
    • Coinbase has so many class action lawsuits it's curious how are they still in businessgrafician
    • Anand is a moron.monospaced
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