I feel like yesterdays' BCN pump was the beginning of the exit scam

I feel like yesterdays' BCN pump was the beginning of the exit scam
Site doesn't work right now
Thoughts?

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Yes. If you bought into this, reality needs to be looked at.

His exchange was kicked out of China, like most, but then was kicked out of Japan.

Why not just change things so you can stay in Japan instead of going to Malta?

No pls ;(

Japan racist to china people, they want CZ show proof has balances, racism!!

Jesus fucking christ what a fucking mess. entire exchange is down.

Why would he exit scam he has a working exchange thats the what, 3rd highest volume worldwide?

That means the only exchange confirmed not to be a scam is Poloniex
>Fuck

Mtgox was the number 1 exchange when they exit scammed
>inb4 but muh he's already rich argument
Greeedines doesn't have a limit, everyone just wants more and more and it's easier to get out now before the bubble completely bursts

It's this salty fag who bought BCN at ATH again.

>Big Money coming in the Market
>Let's Exit Scam BEFORE

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Not many people in the space have the integrity this man does. FUNDS. ARE. FUCKING. SAFE.

>he fell for the big money meme
>he unironically thought Wall Street was interested in his erc20 chink scams

Botcoin atleast 25k EOY.
Screncap this.

How heavy are your BCN bags, brainlet?

>Thoughts?
Only keep what you're prepared to lose, the usual. If you keep coins on exchanges and your coin is also on polo/trex maybe move some there.

F U N D S A R E S A F E
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I hate that people just take CMC at face value.
For the umptheenth time CHINESE EXCHANGES FAKE VOLUME!!!!!!!!!

OP got fucked hard in the ass by BCN kek

literally withdrew everything from binance rn because of all this fud and everything withdrew fine. i shouldn't be keeping so much on any one exchange regardless, except maybe coinbase because of the insurance

It doesn't have to be an exit scam. They're a big fucking target and openly staking users stratis in a wallet that is supposed to be cold.

This is Jow Forums, do you really expect people to actually look into things? All they want is lambo moon, doesn't matter if they don't even understand how.

this is literally the shittiest fud I've ever seen in my entire life

OP how much did you lose on BCN ?
You know you cant blame the almighty CZ for what is in the end your own stupidity.

Kek

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didn't he got payed 700 million in bcn created out of thin air? The sec is about to move

>Expect high price volatility

haha

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The BCN shenanigans did make me more cautious toward Binance. For CZ and his team, Binance is literally a machine to print money. They're making ridiculous amounts, and can continue to do so over the long term just by being a "good and trustworthy" exchange. Crypto is unregulated and there are certain areas where we can expect that even with the best exchanges, there will be some shady stuff, but it feels like a line was crossed with BCN. Since Binance's reputation is part of what makes it so profitable, I don't think they were part of the BCN pump and were probably pissed about it since it hurts their chances to keep making a fuckload more money over the long term. But they still let it happen and simply posting a warning to be careful 12 hours later doesn't seem like enough. I don't think any of us would want CZ to just lock any coin that starts pumping until they review the situation and make sure it's all legit, but in this specific case, it feels like something more could have been done.

Edit: omg thanks for the gold guys!

>The sec
Your government isn't international, USA.

blocked for usa customers in a week max

Nice trips trips, but why would the government ban it? AFAIK, the degenerate sports etc. gambling sites are still accessible by Americans even though they're "illegal" there. Still, I agree that it's not a good look for cryptocurrencies as a whole, and when there will be legislative studies and talks and people will call regulations, it's examples of stuff like this that they'll cite.

Because that would mean not trading privacy coins. I can't see binance buckling to that, but the Japanese FSA are very insistent about it.

I learned my lesson from gox. Don't think it won't happen again, if you are a newfag I'm telling you. This isn't some pajeet shill post like most of Jow Forums, if they exit scam everyone loses except them. Take your linkies to a wallet. You will be fucking screwed, how many current exchanges are even more than a year old?

The problem is when you're a relatively poor fag who is swing trading their whole stack. With the fees and the timing of the pumps, leaving everything on the exchange until you have enough for serious long term holds is the most convenient solution. I get that it's risky, but playing with crypto desensitizes a lot of us to some risks we maybe should be paying more attention to.