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bitserve
Legendary
 Offline
Activity: 1610
Merit: 1343
Self made HODLER ✓
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November 01, 2018, 04:15:24 PM |
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WAY better than nothing. Though "portfolio cash value" is not the same as USD Fiat on deposit. It could be all on Tesla stock for what we know or any sort of high risk high yield investments. Also it is subject to the solvency of one single small bank. A bit of hedging (in the form of spreading the funds over several well-known banks) would be wise there. P.S.: Also one single signature from some UNIDENTIFIED person and not even an official bank seal..... It's almost comical when you are certifying almost 2 Billion USD. |
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Phil_S
Legendary
Offline
Activity: 1652
Merit: 1172
We choose to go to the moon
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November 01, 2018, 04:31:07 PM |
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Good chances for November to be green...
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jonoiv
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November 01, 2018, 04:58:14 PM |
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Thought they had 2 separtate accounts with 2 separate banks? Do you have a balance statement from the other one? |
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LFC_Bitcoin
Legendary
 Online
Activity: 2702
Merit: 6067
One of the world's leading Bitcoin-powered casinos
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November 01, 2018, 05:05:10 PM |
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Good chances for November to be green...
Any reason why you’re confident of that? Obviously I’d love you to be right. |
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fluidjax
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November 01, 2018, 05:09:04 PM |
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Thought they had 2 separtate accounts with 2 separate banks? Do you have a balance statement from the other one? The letter is linked from here https://tether.to/tether-banking-relationship-announced/Tether has a market cap of $1.77B, this letter confirms the bank has $1.83B. It's not conclusive, only a full audit would give that degree of certainty. But it's actual evidence, which is something the Tether arguments have been lacking for many months. |
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goldkingcoiner
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November 01, 2018, 05:33:24 PM |
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Rocket is being fueled for take-off. |
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jonoiv
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November 01, 2018, 05:33:54 PM |
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Thought they had 2 separtate accounts with 2 separate banks? Do you have a balance statement from the other one? The letter is linked from here https://tether.to/tether-banking-relationship-announced/Tether has a market cap of $1.77B, this letter confirms the bank has $1.83B. It's not conclusive, only a full audit would give that degree of certainty. But it's actual evidence, which is something the Tether arguments have been lacking for many months. Arr ok, i see what your saying, last time i checked the tether marketcap was arround 2.3 bn. Got the cash / not got the cash rumors, have been going for a while ...just very suspicious that this information is released when bitcoin is 20 dollars off the trendline that has existed since January. This news should be considered short term bearish if we are to take it on face value. But after being involved with crypto for 7 years now, I can safley say, I trust no news whatsoever, |
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El duderino_
Legendary
Online
Activity: 1680
Merit: 7762
Observing No-Coiners.
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November 01, 2018, 05:35:47 PM Merited by LFC_Bitcoin (1) |
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 always hodl .... but @the movie they al died  we will make our own end, and be HODLING the line like always  |
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LFC_Bitcoin
Legendary
Online
Activity: 2702
Merit: 6067
One of the world's leading Bitcoin-powered casinos
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November 01, 2018, 05:37:58 PM |
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always hodl .... but @the movie they al died we will make our own end, and be HODLING the line like always 100%  |
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jojo69
Legendary
Offline
Activity: 2352
Merit: 3130
1/21000000 , the only math you need to know
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November 01, 2018, 06:16:06 PM |
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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November 01, 2018, 06:31:49 PM |
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New subwoofer?
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kingcolex
Legendary
Offline
Activity: 2366
Merit: 1258
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November 01, 2018, 06:40:27 PM |
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Analog version of the charts! I love it. |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4390
Be a bank
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November 01, 2018, 06:59:32 PM |
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Time for a news injection.
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El duderino_
Legendary
Online
Activity: 1680
Merit: 7762
Observing No-Coiners.
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November 01, 2018, 07:02:14 PM |
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^
that happens under that STRANGE HAT that you're wearing
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El duderino_
Legendary
Online
Activity: 1680
Merit: 7762
Observing No-Coiners.
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November 01, 2018, 07:22:41 PM |
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that happens under that STRANGE HAT that you're wearing
I have a feeling whatever is happening underneath that hat is absolutely haram.  |
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infofront
Legendary
Offline
Activity: 2492
Merit: 2432
Shitcoin Minimalist
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November 01, 2018, 07:23:20 PM |
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The Bartman giveth, and the Barthman taketh away.
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El duderino_
Legendary
Online
Activity: 1680
Merit: 7762
Observing No-Coiners.
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November 01, 2018, 07:32:50 PM
Last edit: November 01, 2018, 07:44:58 PM by micgoossens |
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Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
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November 01, 2018, 07:36:52 PM |
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^Agreed. I am not entertained.
So what was the problem here? |
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