Ok, prove me wrong.
You must understand that the demand in USDT is going up when the price of bitcoin is falling down. That makes the issuer need to issue more USDT to maintain the peg to $1 = 1 USDT. In any case, USDT printing is not because someone is preparing to pump like what you presumed. Not sure what you mean.. more or less demand, that's still liquidity which is eventually gonna be pumping up crypto prices. Agreed. But it must also be understood why more Tether was issued. It was not for the intention of pumping bitcoin or Ethereum, but to maintain the $1 = 1 USDT peg. |
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Ok, prove me wrong.
You must understand that the demand in USDT is going up when the price of bitcoin is falling down. That makes the issuer need to issue more USDT to maintain the peg to $1 = 1 USDT. In any case, USDT printing is not because someone is preparing to pump like what you presumed. |
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What happened to the main card? Dana White planned UFC 226 to be bigger that included TJ Dillashaw versus Mighty Mouse Johnson and Amanda Nunes versus Chris Cyborg. He might be running out of storyboards and characters hehehe.
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@darkangel11. Or maybe some Facebook executives have investments in the cryptospace and they are giving favors to those projects they have interests in hehehe.
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I want to see a Tom Lee versus Tone Vays bitcoin bull - bear face off hehehe. But between them, which prediction is more possible for the year? I reckon Tone Vays' prediction.
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@figmentofmyass. Would that then mean that the news do not matter, or does bad news matter more in bear markets, and good news matter more in bull markets?
I reckon if that ruling was released on December 2017 then we might have seen bitcoin pump twice higher than the all time high.
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Another loss for Cowboy. I reckon he will fulfill the rest of his contract in the UFC, then transfer to Bellator and then retire. He had an adequate career, but he is now only making a living from fighting, not doing a championship run.
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Good news but meanwhile everything is tumbling down, thanks to the FUD and the investors who are easily manipulated by them hehe. It is very hard to trust anyone's bullishness in times of a bear market.
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Why is this thread in the speculation forum board?
Is anybody thinking that the BTC price will start rising after the Mt.Gox case is resolved?Most of the Mt.Gox users can be clasified as early adopters,so I think that they will remain active in crypto trading,which is good.
Mt.Gox will remain as a shady part of the bitcoin history and we have to move on with caution.Some big crypto exchange platform might be the new Mt.Gox.
I opened the thread in this subforum because I speculate this might be a cause or one of the causes that might change our sentiments towards the market. But it appears that it will not hehehe. |
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This is very good news but why was bitcoin dumped? I reckon this is the type of news that would make Tom Lee scream buy! hehehe. But what happened? Was there another exchange hack or another FUD?  The exchange’s trustee, Nobuaki Kobayashi, says that civil rehabilitation proceedings will begin in a major effort to refund the missing Bitcoin to its former customers.
Currently there are an estimated 24,750 approved claims for a total of roughly $409 million owed.
The refunds could signify substantial gains for former customers who are entitled, according to the court, to seek a refund in Bitcoin, and not the monetary equivalent at the time of Mt. Gox’s demise.Read in full https://dailyhodl.com/2018/06/22/mt-gox-bitcoins-dark-chapter-comes-to-an-end-with-a-doorway-to-1-billion-in-refunds/ |
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@ruthbabe. I assume that article was written several minutes before the latest bitcoin dumpage hehehe. It has never showed any maturity because the main holders of the coin is still made up of the early adopters of 2010 or 2011, I reckon. Those early adopters might be as inept in investing as you and me hehe.
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I reckon that is good because if all of them know about bitcoin they would be buying most of it and we again would be left out with nothing hehe.
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@Carlton Banks. There is paid FUD circulating in the mainstream news media and what also appears to be hired corrupt scientific researchers.
Whoever is behind this, they certainly are pushing to make bitcoin look like a manipulated ponzi scheme. I wish the people who read those lies use critical thinking and ask why?
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Also I would like to say that there is no such thing as a respected expert ICO investor in the cryptospace. ICOs are mainly regarded as scams that are taking advantage of the community's stupidness.
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This is just another typical bullish dude who later realizes that such goals are clearly unattainable right now due to the present market conditions and moves his predictions to a more unsure date. Let's face it, no matter how hard we want the market to go crazy again, it isn't gonna happen. As he stated, there was a parabolic move that took crypto to uncharted heights, and afterwards, a blow-off happened that left us with the current prices which still is unstable. Also, I wouldn't blame regulations for adding fire to the flame. If anything it increases consumer's confidence on the asset knowing that they are somehow protected by their 'constitutional rights' upon buying the coin. It's just the market adjusting and consolidating, at least on the way I see it.
Agreed. Tom Lee has no other explanation but to change his prediction and accept that his original forecast might not happen. @pooya78 also said it is not sad news but it is to some investors. Those investors who bought in those high prices of December. They have to wait longer for a new forecast that might not happen hehehe. @Torque. I am only bringing humor for the readers. The bear market is very frustrating for all of us. |
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Has Dan Larimer spoken on the fund freeze issue or is his silence on the matter a sign that users should trust the Block Producers? I reckon maybe he doesn't care. He founded 3 blockchain platforms in the cryptospace and dumped the coins of the first 2 after he left them. Will we see him dump the 3rd one? EOS made $4 billion in ETH, according to some news articles.  Its ‘constitution’ has also been an item of heavy scrutiny, as most of the articles are somewhat ambiguous and lack definition. One puzzling article in particular states that any account holding EOS that remains inactive for a period of three years is subject to forfeiture and can, as a result, be auctioned off, with the proceeds divided up between remaining members.
EOS’s most recent debacle involves the freezing of seven accounts which are suspected of carrying stolen funds. This decision is questionable as it was made by the block producers irrespective of the refusal of action by the EOS Core Arbitration Forum (ECAF).
The ECAF — the body in charge of arbitrating disputes of this nature, refused to take action against the suspected accounts citing lack of authority with only an interim ‘constitution’ in place.
A Twitter user that argued the case for the block producers decision was retorted by Bitcoin Foundation vice chairman Charlie Shrem who asserted that no one should have the power in the crypto space for “protecting” and “punishing” and doing so is simply a “waste of everyone’s time.”Read in full http://bitcoinist.com/charlie-shrem-slams-eos-freeze/ |
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Maintenance update (Sophia point release 2)This point release fixes a bug in block construction resulting in lower block rewards under some conditions involving very large transactions. Recommended update for nodes running a mining pool and users who are solo mining, otherwise updating is not needed. https://github.com/aeonix/aeon/releases/tag/v0.12.2.1 Thank you! Will we see more development happen in Aeon's Github? I hope the answer is a yes hehehe. We need more good decentralized cryptocoins around and less overfunded and low quality ICO projects like EOS. @eeX. But the are parasites are coming! Warn everyone! |
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Phillip Nunn is a very respected expert. He is also a well-known investor in ICO projects. He generally believes in blockchain technology. And there is no doubt that many businesses in the future will be linked to the blockchain. Therefore, he is confident in the growth of bitcoin and the entire cryptoindustry
He might also be a very big bagholder of different ICO scam tokens that might not see any positive signs of making it back to its all time highs again hehehe. |
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This will hurt the bulls who are expecting that Tom Lee's prediction of $25,000 by the end of 2018 will still occur, because he has moved the goal post to the end of 2019 hehehe. In any case, this is sad news.  “I think there are several factors why cryptos are falling. One, we had a parabolic move at the end of last year, so there is a period of consolidation and price adjustment that is taking place.”
“I also think bigger factors this year have been a lot of government actions that have been taken this year that have scared crypto investors, probably the most notable is the actions taken by the US regulators, like the SEC taking action against ICOs.”
“Lastly, the pace of institutional investor participation in this space has been taking longer than expected, and I think part of that has to do with the slowness of getting some of the onramps established.”
Tom Lee remains bullish about Bitcoin and thinks the cryptocurrency will be worth between $20,000 to $64,000 by the end of 2019.Read the whole article https://www.whatech.com/cryptocurrency/news/479523-bitcoin-3-reasons-the-crypto-markets-are-in-a-dive-tom-lee |
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