What's about tomorrows had fork?
Will be a new coin? To different chains working?
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$60m bitcoin locked vs constant sell pressure by miners... could be worse.
There is no reason to believe that the haul is "locked". Quite the contrary. I'm sure it will be converted and laundered ASAP. you can't just launder $60m from crypto to fiat. that's not possible |
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$60m bitcoin locked vs constant sell pressure by miners... could be worse.
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I like this one. "Yea, let me know. I love what you guys are doing, but I need to know its legit. No offense in any way." Had to be nice to this kid to keep him talking, he was such a douche  I really like this poor oxman guy in the background, defending Garza like most people did, I got a lot of shit for asking questions. I'm still shocked people didn't catch on until later, so many people just kept defending this idiot.  Good save! Maybe we can show this to the judge? The reason people were conned was because Garza exploited his relationship with Stuart Fraser, (Chair of Cantor Fitzgerald) --- put him in the press releases and claimed he had $10m in backing.  Also, paid fanboys like Scott Fargo (above with Garza), who gladly published his lies on BITCOINIST & CRYPTOCOINSNEWS ....but yeah.....WE were idiots. I think that sums it up! It makes sense to go after Fraser in the GAW-suit. I hope they collect a bundle! Winning that could lead to criminal charges. Props to Allen Shinners. I also remember badbitclown shilling for GAW, the irony |
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I may be interested in hedging my position if BTC pumps to extraordinary levels again. I do not trust the centralized Tether currency to do this and was wondering if it is safer to hedge in BitUSD or BitCNY or something else? Is it as simple as buying BTS and then buying the currency on the decentralized exchange? Is there any counterparty risk when buying on these assets?
bitUSD is counterparty risk free, incorruptible and decentralized. 1 bitUSD is backed by at least 200% of its underlying collateral BTS. So for every bitUSD in existance, there is at least $2 worth of bitshares locked behind. you can buy bitUSD in any liquid market on BitShares DEX USD_BTS or USD_OPEN.BTC for example. |
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