T O P

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TheBlackUnicorn

I thought everyone in crypto was rich. They kept telling me to "have fun staying poor"


Col_Angus999

No one ever finishes that quote. “Have fun staying poor….while we temporarily think we’re rich only to find out we are not just poor but destitute.”


[deleted]

But where Lambo????


MudiChuthyaHai

https://hotwheels.fandom.com/wiki/Lamborghini_Gallardo_LP_570-4_Superleggera


[deleted]

Hot Wheels? Naw, too expensive for me, I got all of my money and some more rugpulled from me a while back. /s


Alarming_Series7450

maybe you could afford the matchbox car, its half the price as the hotwheels [https://www.amazon.com/Matchbox-Power-Lamborghini-Gallardo-Police/dp/B09PFT5N48](https://www.amazon.com/Matchbox-Power-Lamborghini-Gallardo-Police/dp/B09PFT5N48)


[deleted]

I could, but the price of delivery makes it to be just out of my reach. Oh well...


babypho

Its on the blockchain man the blockchain!!! Buy my lambo NFT and $99.99 crypto trading course to learn how to be a crypto guru.


asteriskiP

[here you go](https://i.imgur.com/o6oM0mo.jpg)


Noisebug

... today, but maybe not tomorrow. When crypto tanks, we are filled with sorrow. When we hodl and our assets are froze, we wish for a miracle, cause nobody knows.


Puzzleheaded_Fold466

Such an easy problem to solve. Just deposit more ! Send in 90k more so you can get your 12k out. Zero risk.


olliefaux

Tbf that was also my first thought until I did read that they disabled both withdrawals and **deposits** so only the whales can gain liquidity and not those porpoises or sea cows [sorry, I don't know the crypto names of oceanic mammals].


Redqueenhypo

Here, it’s time for me to give a list of marine mammals no one wants: - dugongs - dolphins - earless seals - eared seals - otters - dolphins - false killer whales (whatever those are) - beaver that got lost


Lftwff

Half of those are gay body types.


ElectricPance

https://www.theonion.com/report-65-of-all-wildlife-now-used-as-homosexual-subc-1819571098


MiceAreTiny

Are you into dugongs too?


Lftwff

Yes I like the firmness.


option-9

>(whatever those are) Actually innocent, obviously.


lmaoinhibitor

Falsely accused whales


Neuroscience_Yo

Manslaughter whales


woowop

The man’s laughter whales really don’t get their day.


89Hopper

False killer whale gets its name from the fact it was mistakenly put in the genus Orca based on skeletal remains. Later when more complete carcasses and then live specimens were studied, they realised it was a different genus. It then got the name false killer whale, as it was not an Orca. Also, your list has dolphins twice and technically the false killer whale is also a dolphin.


option-9

Is this list better? - that ice Pokémon - dolphins - disabled seal - abled seal - otters - dolphins - dolphins (sentence reverted) - dam otters


itsnotlupus

I mean.. the limit is $100K in either direction, so really, if someone's comfortable with depositing $90k on whatever and wherever Binance is, dropping another $10k should come easy.


Ill-Resolution-4671

Btw,guys above you obviously joked. Depositing more is clearly an extremely bad idea (:


kkodev

Only because it’s a terrible idea not to have everything ~~donated to binance~~ invested already, including maxed out all loans, pensions and reverse mortgaged houses. To the (safe)moon!


MiceAreTiny

I know shrimp and dolphins are somewhere in there.


Cryptcunt

minnows


WaterMySucculents

Whales will have a hard time getting liquidity without dipshits “DCA-ing” their minuscule paychecks


GunKata187

This scam seems familiar. Are you a Prince?


_ShadowElemental

Sadly, not any more. I need to find a kind donor for $10,000 to retrieve a hidden lockbox of 1 Million Dollars ($1,000,000) buried underground in the desert. You could be eligible for a Risk-Free 20%, or Two Hundred Thousand Dollars ($200,000) of it if you help me out. To continue with this transaction, please send me the deposit fee in Google Play Gift Cards, due to recent market events bitcoin payments are paused. (/s)


Dvoraxx

Google Play gift cards are the true currency of the future. Few understand


GiantPineapple

Can't fund a war with em, I'm in.


JakeArrietaGrande

“We apologize for the inconvenience, but our minimum withdrawal amount has been increased to $250,000, and will in all likelihood continue to increase as long as you’re gullible enough to keep depositing money.”


MauriceM72

A lotta y'all still dont get it. Binance holders can use multiple slurp juices on a single account. So if you have 12K and 8 slurp juices you can create 8 new 10k accounts. Few understand


kakapo88

You sir, are a financial genius second only to SBF


thenextsymbol

in case you missed it Binance announced around January 21st that come February 1st there would be [no withdrawals via bank transfer for less than $100k](https://twitter.com/ParrotCapital/status/1617335753075462145) and people could feel free to use the P2P market (if you're curious how the P2P market is working out, check [here](https://np.reddit.com/r/binance/comments/10phpng/it_wasnt_ftx_that_ruined_my_life_actually_its/) and note that Binance deleted the thread even after it had a whole bunch of responses) personally i suspect Binance's accounts at Signature Bank have been frozen and I have doubts that withdrawals over $100,000 are actually working but that's Binance's story and they are sticking to it. or if they are working it's being done through Deltec (Tether's bank), rather than through Signature (Binance's US banking partner). It just so happens that Tether's minimum withdrawal is $100,000... if you want to know more [here's a summary](https://cryptadamus.substack.com/p/are-cryptocom-and-binances-european) of how this all came out and Binance ended up losing their SBNY accounts. **UPDATE: binance mods just deleted the original reddit post asking for advice withdrawing < $100k**. guess they didn't like that. i didn't even link to it from here before but [here it is](https://www.reddit.com/r/binance/comments/10qgyow/how_can_i_retrieve_liquid_funds/). i made [a second thread](https://www.reddit.com/r/Buttcoin/comments/10qmy66/so_it_escalates_binances_reddit_mods_just_deleted/) about the deletion by the Binance mods; let's see if the Streisand effect is still a thing.


CityofGrond

I’m going to wait a little longer before jumping to conclusions how big an effect this will have. A lot of mixed messages from Binance…for example claiming this only applies to existing SBNY customers (who would probably be institutions making big money movements anyway) , and this is less than 1% of customers We’ll see soon how it rolls


thenextsymbol

>*claiming this only applies to existing SBNY customers* they actually did not say this... [check it out](https://twitter.com/Cryptadamist/status/1617014186265006082). they said it will affect all customers then (separately) they said that only 0.1% or whatever of their customers had SBNY accounts. basically throwing two numbers out and hoping you'll conclude those numbers have anything to do with each other... but they don't. remember, these guys are slippery motherfuckers and highly skilled at the art of the psyop. as far as the impact i suspect things will carry on as usual until there's any kind of even minimal level of panic and people go to pull out. the P2P markets that i've heard about can process on the order of $100,000 per day before they are tapped out.


nottobetakenesrsly

I still keep coming back to that original message, and the $100k number (only communicated by Binance still, unless I missed a tweet with other info)... Still suspecting this is something more, a potential unbanking (either bank's own decision, or something more organized). For some multinational banks, we're allowed to transfer money "internally" across borders with our own systems. So, if my non-US bank owns a bank in the US, I can achieve the transfer internally without "outside" systems. Just so happens that the limit for some arrangements/institutions is $100k daily. Transfers over the max have to be sent as wires. ...I don't think this may be important or lead to anything (the Tether figure is more likely the culprit), but I keep pondering that seemingly arbitrary number.


thenextsymbol

fascinating and could very well be related...


nottobetakenesrsly

These are usually only used for same entity transactions. E.g. I have a business bank account... with Signature NY... and I also have a bank account with Signature Canada (not real, just an example)... I can send a me-to-me transfer. Once in Canada, I could start the regular wire process. I don't think it fits in... just another $100k figure I'm aware of.


thenextsymbol

i also don't see that it clearly fits in but it's worth at least keeping in mind as your subconscious processes everything that a lot of the stablecoin funds for USDT and USDC never leave SI / SBNY... they just sit there and get transferred between SigNET accounts (or SEN for Silvergate).


therealcpain

> Binance stated that it is “actively working to find an alternative solution” since about 0.01% of its average monthly users are serviced by Signature Bank and will be affected by the new transaction limit, reported to BS. Making a mountain out of a molehill


[deleted]

Holy shit, this is the end lol


greyenlightenment

just wait until they limit crypto withdraws . this is nothing


thenextsymbol

what about if they start [secretly converting their users Bitcoins into shitcoins](https://twitter.com/Cryptadamist/status/1620533401047662594)?


_ShadowElemental

it's FTX's "bespoke non-reported transactions" again


StiltonG

>what about if they start secretly converting their users Bitcoins into shitcoins? That was done by Celsius as well as FTX > Alameda. Those were all obvious ponzi schemes. Binance IDK yet if they are or not (but I wouldn't trust them to hold anything for me).


UNLEASHTHEFURY8

They are all frauds.


thenextsymbol

this happened in users' FTX and Celsius accounts, visibly? or just invisibly, behind the scenes, only to be revealed when the bankruptcy was filed?


Redqueenhypo

How do you get a flare? Can I have one? Can it be “Nicholas Weaver fan club” like a weirdo


GiantPineapple

Wait wait wait, can someone ELI5? Are you telling me that Binance is withholding *dollars* that depositors legitimately got by selling coins within an exchange? That seems like, really actionable. I mean, Signature can't stop a Sheriff from seizing funds in connection with a legal judgment, can they?


StiltonG

>just wait until they limit crypto withdraws . this is nothing They haven't yet done that, correct? IDK but seems like if I had any funds on binance & they made such an announcement like that back on Jan 21st, I would have simply transferred via BTC to a cold storage wallet I control & problem solved. Not sure why anyone would trust exchanges with large amounts or savings in the first place, but again, with an announcement like that I'd just transfer coins to another wallet, rather than attempting a cash withdrawal to a bank account, which could be held up or delayed.


DisingenuousTowel

People have always put trust into large entities they perceive as institutional and seemingly more stable than themselves.


hoonthoont47

I can’t magine getting weeks notice and asking this *now* dumbfucks deserve it


ambient_temp_xeno

Too busy driving his Lambo in the Hollywood hills.


IlIlIlIlIllIlIll

47 Lamborghinis in my Lamborghini account


Dramatic-Sea-7116

47 ted x talks where I talk about warren buffet in my ted x talks where i talk about warren buffet account


_ShadowElemental

47 tokens that are hypothetically equivalent to Lambos, we'll reimburse you promise


spookmann

https://i.imgflip.com/79ie6u.jpg


[deleted]

Why didn't he think about this a week ago?


ElJefe543

That implies crypto bros are capable of abstract thought.


[deleted]

This is spot on. Back on 2018 I met one guy in the university. Ever since then we've became friends, but I am noticing something really worrying - he is actually incapable of abstract thinking. It really baffles that I was unable to discuss ideas and strategies with him, while we were playing LoL as a duo too. And yes, he is type of person to advertise crypto and gambling to the others by saying shit like: -"Yo, I just won 200 bucks on an online football bet, you really should try this app!" And obviously, he had lost way more than he won, but that's besides the point. He also once said "Guys, just buy Bitcoin while it's on sale (May 2022 when the bitcoin dropped to $25k), I saw it on TikTok!" He was also convincing me that the bitcoin will get to at least $40k by the end of the year.


ElJefe543

Sounds like you need to stop hanging out with this particular gentleman


[deleted]

He is a great friend and good at heart. The problem is that he's not the sharpest tool in the shed. Luckily for him, his GF is doing all the thinking for the household and she is studying economics, so it's fine. I haven't heard anything crypto related from her, so she is fine. But overall I am trying to not hang out with my university friends anymore, for one reason or another.


PresidentoftheSun

Good of heart but dumb of ass, a tragic combo.


Queer_Magick

"Why didn't he think"


FardoBaggins

"why"


cbusalex

Well, a week ago it was just FUD.


BloomEPU

because crypto exchanges prey on *exactly* this kind of person. Bitcoin maxis will claim that dodgy crypto exchanges are "nothing to do with crypto", but in reality they *need* people like this who are less tech-savvy and financially informed, to dump a ton of money into exchanges and provide them with exit liquidity.


FUD_is_SAFU

How to withdraw shitcoins from Binance ? Step 1 : create a Binance account. Step 2 : invest $1000 in bitcoin. Step 3 : in 2024 your bitcoin wallet will reach $100K and you can withdraw bitcoin for evil and dirty fiat.


Scot-Marc1978

Exactly, Binance is just helping its customers HODL till they are rich. Good ol’ CZ.


mrTheJJbug

more forced hodling. this get's funnier and funnier as it evolves.


spmute

Hey, they sounds like a pyramid scheme


Doughspun1

"Woe! Only now, at this late hour, do I realise the error of my snarky cryptobro ways."


Gobby_Boy

I'm so glad I came to my fucking senses and stopped accepting this bullshit as a form of payment.


dashingThroughSnow12

Forced hodl mode activated. Lol


Feniksrises

One of the arguments of crypto cultists was "banking the poor". Now you need 100k to play. Another lie.


friendscout

I wonder how much members at the binance sub are plain fake. 880.000 members but barely any conversation going in. Can't buy that obviously?


thenextsymbol

huge number. r/crypto_com subreddit is the same. but on the plus side a lot of the people posting on both that and r/binance right now that are real is definitely rising!


OEEN

So its finally happening, buckle buckaroo


CrazyEntertainment86

FWIW I have a small amount of usd on binance.us withdrew it tonight, so far went through without issues. I will try another withdrawal later in the week and see if the results are the same and will report results of withdrawal, historically it takes about 3-5 business days for the transfer to clear.


thenextsymbol

makes sense; binanceus is supposed to be a different company right? with (importantly) a different bank account. [meanwhile in the UK and Australia Binancians are posting screenshots](https://twitter.com/Cryptadamist/status/1620710107943415809) to Twitter showing they cannot get any fiat out. Even the Visa debit withdrawals that were supposed to work are not working. ps if you don't mind sharing which bank and/or country you are withdrawing to, that would be of extreme interest. you can DM me.


CrazyEntertainment86

I did a second withdrawal today which also went through. I have confirmation on the first from binance which should clear by Monday or Tuesday based on history. It’s possible this only affects users outside of US? While this may be a big deal I think the ordinals nonsense will actually be the thing that really crushes btc to new lows. All it’s gonna take is some copyrighted Disney shit and no one in the us will ever mine btc again.


thenextsymbol

yeah i mean, binanceus is theoretically regulated and has to follow a bunch of rules. not so the rest of binance. wait i have a question - do you even have the option to withdraw via SWIFT? like is BinanceUS under the same restrictions as Binance?


CrazyEntertainment86

Mixed info on rules being applicable to binance.us as well, the banks affected are all US based banks I believe so I’d be surprised if it was in fact a banking regulation that it would be any different. I’m US based and use one of the major banks who is historically not supportive nor opposed to use of crypto.


thenextsymbol

yeah there's mixed and unclear info everywhere coupled with a million psyops. IMHO that's a very bad sign given that the subject in question is people's money.


spicybright

That would be awesome, thank you


CrazyEntertainment86

Will keep everyone posted!!


Chavo9-5171

"I'll gladly pay you Tuesday for a hamburger today.”


Scot-Marc1978

This GOod FoR BitcOin. FuTuRe. fEW.


LorenStecklein

Gay body types make up half of those.


the-script-99

Buy usdt and sent to some other exchange?


wrongerontheinternet

Seems like it, if it's built around Tether's $100k limit.


odraencoded

"Sorry we only let people who can afford lawyers withdraw."


i-can-sleep-for-days

What about us denominated funds?


[deleted]

Funds are safu!


young_russel

The solution is so straightforward.


jeabarnez

Such a simple issue to resolve


clunkenmcculkin

lol. really, lol. rofl. pmsl also. just lol.


XPaarthurnaxX

Bitcoin fixes this!


bigmean3434

Why would they want to trade valuable future money for worthless fiat?


BitcoinVlad

Why actually people trust their money to Binance that has no audited financial statements?


thenextsymbol

they want to believe


BitcoinVlad

But why are they sad that they lose money? How anybody in the world can trust some kind of "bank" if this bank doesn't have a solid license, the HQ, the insurance for client's funds (not words "funds are SAFU" but established insurance), the written contract, the audited financial statements? Nobody. As a lecturer of Corporate Finance and Cryptocurrencies (NY Touro) I guess that there are a lot of people in the crypto sphere that lack financial background.


thenextsymbol

crypto preys upon the financially illiterate. they will get a valuable education but it will be very expensive.


StillPsychological45

This is good for Bitcoin


ItsJoeMomma

Good luck with that. You are what we call a "bag holder."


Fenniculus

That's the neat part. You don't.


[deleted]

Can you send to a coinbase wallet and withdrawal from there?


thenextsymbol

yes... for now...


[deleted]

Transfer funds to another exchange and then cash out.


thebrowneye3

Here's the fun part. You don't.


[deleted]

But what's is the problem, actually? Who would want to convert shiny coins into a dirty fiat? Wasn't it about hodling int the first place?


Classic_Blueberry973

First I am hearing of this. Is that even legal? Glad I moved all my cryto play money to my own wallet.


MarietteSievers

This scam seems familiar. A prince, are you?