HelloGold - Ask Me Anything, related to HelloGold or gold in general
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 Jan 27 2023, 09:09 AM
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#1
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Senior Member
1,232 posts Joined: Mar 2019  
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Hello Sifus,
Pls help explain the Hello Gold biz model and mechanism why it failed. (As though I'm a 15 yo student, 1st lesson in Physics)...which I scored 17 / 100 marks. |
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Jan 27 2023, 09:26 AM
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#2
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Senior Member
1,232 posts Joined: Mar 2019
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QUOTE(prophetjul @ Jan 27 2023, 09:17 AM) Morning Bro, Wow! Thanks Bro.They probably shorted gold from way before. Now they cannot cover their shortie contracts. Kaputland. Just my 0.5 cents  Damn high risk biz. Those customers don't get paid? Scam la? Got kementrian Kewangan approval? Gs This post has been edited by Unkerpanjang: Jan 27 2023, 09:26 AM |
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Jan 27 2023, 11:42 AM
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#3
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Senior Member
1,232 posts Joined: Mar 2019
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QUOTE(xander2k8 @ Jan 27 2023, 11:00 AM) You think Luno been doing well now since crypto winter π€¦ββοΈ Bro, thanks good insight. We see price drops for Binance, Coinbase, etc. Ok, as long no hanky panky.They downsizing now and cutting more than 1/3 of the workforce hence they will be next π€¦ββοΈ Donβt forget the actual owner of Luno is DCG which have already failed venture from Genesis π€¦ββοΈ hence cutting the left arm to save the right Likely, the traditional banks will be interested to buy up crypto licences. So not concerned with customers...change ownership from A to B. Otherwise, MAS n MOF semua malu...apa regulators? |
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Jan 27 2023, 11:59 AM
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#4
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Senior Member
1,232 posts Joined: Mar 2019
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QUOTE(xander2k8 @ Jan 27 2023, 11:51 AM) Banks in the 1st place will not buy Crypto licenses as they are not regulated π€¦ββοΈ Bro Xander, Even the big boys in US will partner with to run a fund while earning fees hence they are not in the eyes of SEC if anything goes sideaways Remember banks is always keep the risk as low as possible while earning fees π Crypto license oledi approved in Japan, UK, Sgp, Switzerland, blah blah countries...only Gary Gensler sleeping. It's US against rest of World. USA House finances committee gotta do something. So, I'm a realist, optimist. Hahaha, let's move on from this topic. |
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