macsga
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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January 16, 2015, 06:20:44 AM |
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it seems to be a US nubits Transparent
Tether currency is 100% backed by actual assets in our reserve account and can be viewed and verified in real-time.
might be really interesting Well it reintroduces the trusted third party, the elimination of which was the main innovation of Bitcoin. How it can be 100% transparent is something I'll have to look into more carefully before I can comment on. Ditto. https://wallet.tether.to/request_inviteApplied for beta access.
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Dump3er
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January 16, 2015, 06:23:59 AM |
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Doesn't that make you a bitcoiner?
No more than using soap makes me a Soaper. Now, if I climbed on a soap box and spoke in tongues about soap being the answer to all of mankind's problems, THEN I'd be a Soaper.
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BTCtrader71
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January 16, 2015, 06:35:00 AM |
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This type of thing (I'm sure there will be other services similar to tether) will be a game changer -- IF the entities backing the funds prove trustworthy.
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luckygenough56
Legendary
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Activity: 1526
Merit: 1012
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January 16, 2015, 06:37:20 AM |
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Doesn't that make you a bitcoiner?
No more than using soap makes me a Soaper. Now, if I climbed on a soap box and spoke in tongues about soap being the answer to all of mankind's problems, THEN I'd be a Soaper.
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DaRude
Legendary
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Activity: 2902
Merit: 1914
In order to dump coins one must have coins
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January 16, 2015, 06:39:25 AM |
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it seems to be a US nubits Transparent
Tether currency is 100% backed by actual assets in our reserve account and can be viewed and verified in real-time.
might be really interesting Well it reintroduces the trusted third party, the elimination of which was the main innovation of Bitcoin. How it can be 100% transparent is something I'll have to look into more carefully before I can comment on. Not sure how it works myself but you can't use exchange without trusting 3rd party. Now if these "tethers" are on transparent "blockchain" and i can hold a multisig private key, that would make an audit a no brainer. They literally just have to show that they bank account holds the outstanding amount of tethers. Which is leaps and bounds above current audit options
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billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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January 16, 2015, 06:47:23 AM |
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Not sure how it works myself but you can't use exchange without trusting 3rd party.
You can if you're a miner.
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JayJuanGee
Legendary
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Activity: 3878
Merit: 11087
Self-Custody is a right. Say no to"Non-custodial"
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January 16, 2015, 06:50:52 AM |
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No, No, No... you could say that things are getting pretty critical!!!!!
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luckygenough56
Legendary
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Activity: 1526
Merit: 1012
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January 16, 2015, 06:55:39 AM |
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Today is friday might be a good day for selling on the news
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mrkavasaki
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January 16, 2015, 06:57:39 AM |
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Today is friday might be a good day for selling on the news
which news??
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ChartBuddy
Legendary
Online
Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 16, 2015, 07:00:45 AM |
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Bitfinex Bitstamp Explanation
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podyx
Legendary
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Activity: 2338
Merit: 1035
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January 16, 2015, 07:09:44 AM |
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Can anybody link that guy's twitter? Adam or whatever his name is. Are the news supposed to be bullish or bearish?
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razorramon
Full Member
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Activity: 238
Merit: 100
BILIBIT.IO -1st Decentralized Token in Philippines
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January 16, 2015, 07:23:16 AM |
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it's hard to say if it's bullish or bearish...a lot of if's and depend's
could be russia related or something to do with the recent dumps also something completely different...maybe nothing
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cbeast
Donator
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Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
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January 16, 2015, 07:24:04 AM |
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Sounds a lot like e-gold and we know how that went down.
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bad trader
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January 16, 2015, 07:36:53 AM |
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So, is this at least partially why BTC has been crashing? How bad is this? Has it been priced in already? Good news: Ripple died.
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podyx
Legendary
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Activity: 2338
Merit: 1035
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January 16, 2015, 07:36:57 AM |
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Thanks "Early Friday Morning #Bitcoin Thought of the day... Sometimes A Big EGO doesn't PAY." What the fuck is this supposed to mean though? He failed to deliver or what?
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Dilla
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January 16, 2015, 07:45:30 AM |
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Well, whatever it is tomorrow better hurry up so we can find out.
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fairglu
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Activity: 1100
Merit: 1032
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January 16, 2015, 07:46:25 AM |
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Might just have been the Korean bitcoin cards new actually.
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bitcodo
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January 16, 2015, 07:50:18 AM |
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razorramon
Full Member
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Activity: 238
Merit: 100
BILIBIT.IO -1st Decentralized Token in Philippines
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January 16, 2015, 07:51:05 AM |
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this market is unpredictable (to me) anyway
all my data said retest of bottom or lower...now it looks like we will go high soon...
bears are not posting atm...which they usually dont if we go up...i guess it depended on the attempt to break 200 significantly again (which failed)
i dont know
but the karpeles "news" are really funny...
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gkv9
Legendary
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Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
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January 16, 2015, 07:56:40 AM |
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this market is unpredictable (to me) anyway
all my data said retest of bottom or lower...now it looks like we will go high soon...
bears are not posting atm...which they usually dont if we go up...i guess it depended on the attempt to break 200 significantly again (which failed)
i dont know
but the karpeles "news" are really funny...
Maybe true in some sense... Even some Economist, I mean Finance Professor Mark Williams too claimed that BTC will crash to $10 by Mid-2014, but it was all hoax and instead, BTC recovered instead of crashing during that month...
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