17 grand seems like a kind of meaningless figure to me. I would've thought the space between 14 or whatever the previous high was and the ATH is open country.

Since it seemed very, very comfy around the $9000 level a return to that seems vastly more likely. I don't think we get any novel action until the start of next year but maybe the end of this one will provide some fun.

If you've gotten this far and many signs are pointing towards further special moments in future AND you've weathered by far the worst of it it seems a bit strange to me, however he must've somewhere around tripled his money and that's likely to be more than most people will ever need. If I were in the same position with similar amounts I'd probably dispose of half, netting a still decent profit and all my outlay, and the let the rest ride.

Though there've certainly been better times in recent history, around about now will likely turn out to be a considerably better time than in a year or a bit more if things heat up. That's when we're going to see the highest number of companies doing it and it might become some sort of miniature bubble all of its own with stocks rising every time a company declares they have a position. Then it all goes tits up and takes them with it a very short time afterwards.

A foreign currency mortgage is terrifying enough, look at what happened to large amounts of Icelandic people with USD, EUR and CHF mortgages in 2008. A cryptocurrency mortgage would give you and the bank a bleed on the brain in a very short period of time. I'm sure it's possible someone will attempt it. I have no idea how they would make it work.

Awareness is ever growing. That doesn't mean it's mainstream.

I will start to think it's mainstream when it's available on all the usual platforms people are familiar with and when people use it either without knowing they're using it, or not remarking on it as anything unusual.

I think it's going to be far beyond 2025 before it reaches that point.

Dunno about now, but at one slightly shaky point I remember someone like Okex saying they'd make good on the peg even if Tether themselves ballsed up. I might be completely imagining it.

I think this is one trend that could do with dying off before it starts. It all depends on when you do it of course, anyone doing it now is likely to not regret it but they're extreme outliers, but like everything this will peak at a similar time to the price and we all know what happens after a peak.

I really hope anyone considering this has read up on their price history and stress tested accordingly.

I'm past caring about Tether myself. They have 'won' and become a fact of life.

I absolutely do not believe it arrives out of thin air. If that was true it would've lasted a few days at most, not several years. I'm sure there have been periods of time where they played fast and loose with reserves but they make it up again.

Their real genius is offloading the backing onto everyone else too. Every person who trades USD/USDT is now their backer. Every exchange who says they'll make good on the peg even if Tether don't is their backer as well.

https://chrisgimmer.com/bitcoin-reserve-asset/

Another one does it. This is https://snappa.com

Never heard of 'em. Have now.

He's certainly done his homework and it's a neat overall summary. I can see this becoming more of a thing as attention grows and then there will be some bitter regrets if they buy at the wrong time and have a need to access the funds when things tighten on a downtrend.

Weren't there several snapshots with NXT? I think by that point they figured out NXT wasn't any use for anything other than snapshot-related pump and dumps.

XEM back over 10c and showing proper signs of life for the first time in a long, long, long time. Between now and December it might actually be worth paying attention.

The hacker was so fast moving I think he was absolutely committed to getting out of it and gone as quickly as possible. Judging by the way they acted no way would they want any of it to remain, or have any link to it.

The buyers clearly knew what they were buying. I think someone said that the tor site selling the hacked XEM, where it was heavily,heavily discounted, had a photo of Kim Jong Un rubbing his hands on it so it was totally obvious it was the stolen property. And of course you would've had to know it was there and what it was to find the site in the first place. It all happened very rapidly.

Yes. It's an open chain and they were tracking it, but the hacker was moving between accounts so fast that in some cases he got in and out of the exchanges that did pay attention before they knew it.

The stupidest thing of all is that even if they didn't want to pay $100 for a Trezor, and save themselves $500 million, NEM has on chain multi sig which is of course free and ready to go. Did Coincheck use it? Nope.

A lot of it is long, long gone. I followed it at the time and the hacker was seriously brazen and was not hanging around. They were laundering it through services who refused to confiscate it, or just claimed not to particularly care. They also had some sort of tor shopfront selling it at a deep discount.

He wanted to put 50% into that crap but they talked him down to 10%.

It's been an interesting real time psychology demonstration. Even a hardened businessman who must've seen it all over the years got sucked in by the idea of shitcoins and their mad gainz. And ruin.

Your commie pinko fag propaganda is not welcome in this thread.

Packs of leftists are LITERALLY feeding on the livers of innocent people while still inside their bodies.

That's a big one. You can't really understand why Bitcoin counts unless you have a reasonable understanding of the basics of fiat too.

There should also be an emphasis on decentralisation and why it's built around it and why it's so important. The friction it can sometimes create is usually why it's the first thing people want to chuck out the window but without that there'd be nothing to chuck. It's a subject that often isn't explained or thought through properly.

This is a telling Tweet from a geezer who runs a payment processing company.

https://twitter.com/DanPriceSeattle/status/1296519368336011265



These companies have the muscle and resilience to keep the convenience flowing and growing. Ultimately the outcome for other countries will be less relevant to all of us than the businesses in our own countries.

I don't think they'd have a problem admitting it, they'd certainly have a problem knowing what to do about it. If only one country had a second wave that would be different but they all will if another happens.

Not sure about other countries, but the UK response has been gradually splintering and doubling back on itself and it's reached the point where people have been so saturated with doublespeak and rule changes they'll switch to their own common sense, or lack thereof, no matter what they're officially advised.

Judging by the drooling zombies who mindlessly apply for everything I'm not so sure that applies.



Yes. I absolutely would be discouraged from considering switching if this requirement was upheld. I'd have a probe of something else if it was risk free and no further. And some campaigns take on a pretty ragged bunch or have very peculiar and unspoken requirements so even if I was confident in my own soaring genius, that may not be recognised by them.