svdleer
Member
 Offline
Activity: 112
Merit: 10
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February 02, 2018, 09:28:20 AM |
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Finally after watching only red on the orderbook @ GDAX for over 30 minutes i see some buys.
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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White sugar
Legendary
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Activity: 1232
Merit: 1005
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February 02, 2018, 09:28:49 AM |
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Look, a big green candle
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rezurect007
Jr. Member
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Activity: 70
Merit: 7
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February 02, 2018, 09:29:46 AM |
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And the most ridiculous part of the last few days ? If you own the allegedly manipulated scamcoin tether then you've outperformed everything else. Rational markets eh.....
In theory tether is pegged very close to the dollar. It has been flat the last year while most coins are still up 300-1000% Quite, but isn't the whole point of this latest round of FUD that Tether is an unbacked scam and therefore not really worth $1 or tethered at all. If the price is stable close to $1 then maybe it's not a scam and all this is just made up shite and not even FUD All the fuckheads have to do is release a letter from the bank confirming the balance. No audit required - we can all count the number of Tether outstanding. It’s a 5 minute job. My 2 cents: I believe the market will bottom out even before Tether proves their USD liquidity. I don't think this sell off has much to do with Tether other than the timing of the Bloomberg news. The market moves wherever liquidity is. All the price movements can be timed by good TA guy. Psychology is what drives us to associate FUD with the pricedrop. FUD/news might help with the timing of the pricing movements. I could be absolutely wrong. |
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samsonn25
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February 02, 2018, 09:30:48 AM |
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To make things even murkier, the ability to withdraw your Tether to your bank account in the form of USD has not always been guaranteed. As recently as December, Bloomberg reported that Tether's Terms of Service read as follows: “There is no contractual right or other right or legal claim against us to redeem or exchange your tethers for money. We do not guarantee any right of redemption or exchange of tethers by us for money.”
Importantly, a search of the company's current TOS page shows that language has been removed. Now, the company states that "Absent a reasonable legal justification not to redeem Tether Tokens, and provided that you are a fully verified customer of Tether, your Tether Tokens are freely redeemable."
The Terms of Service go on to note, however, that "residents of certain U.S. states are not permitted to be customers of Tether; are not permitted to cause Tethers to be issued or redeemed; and, are not permitted to hold Tether Tokens."
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pacman7331
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February 02, 2018, 09:31:41 AM |
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Sireusly When Will this stop??  I'm guessing in a few weeks we can start the reversal. But I don't know shit... said recently shorting would not be good now... then 10k broke... |
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samsonn25
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February 02, 2018, 09:32:02 AM |
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Now im pretty scare. This is bad, no signs of the stoping.
You are supposed to be buying now, not be scared |
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samsonn25
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February 02, 2018, 09:33:37 AM |
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 Ripple lost 33% of total price. If this continues for tomorrow price will be 0.000001$. 90% of coins You will lose its peak. The market was bigger than its real value But you know Ripple is up alot and was half a penny last year? |
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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February 02, 2018, 09:34:03 AM |
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Guys i think its over...
IT was a honor ;(
Don’t be silly. It’s not over it’s barely begun. We might go to 3k between here and there but that’s nothing. We will be back bigger and meaner than ever. If changing the world was easy, everyone would do it. |
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LFC_Bitcoin
Legendary
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Activity: 3514
Merit: 9483
#1 VIP Crypto Casino
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February 02, 2018, 09:34:57 AM |
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Ripple lost 33% of total price. If this continues for tomorrow price will be 0.000001$. 90% of coins You will lose its peak. The market was bigger than its real value I bought 207 Ripple a few weeks ago, I’m not really bothered about it because it’s not a great deal of money but I’ll HODL that too in the hope that one day it’ll be worth something. Bitcoin is all I really care about atm. |
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Apekool
Member
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Activity: 126
Merit: 13
The internet > you
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February 02, 2018, 09:38:00 AM |
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US media in general blame USDT, lol, articles coming up one after another.
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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February 02, 2018, 09:38:45 AM |
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So everybody knew a bit about BTC and cryptos.
They put some money into the market in a skyrocketing period of gains, then a steady and eventually a huge dump.
They shook their hands and now someone believes it's not worth it, it's about a scam and so on (in the meantime FUD and regulations applied).
If you look at charts the price is still higher than August. Investments are increasing in this market.
Again, I see a strategy both to put away weak people from the market and reset it in order to follow the next pump.
The real issue:
is BTC still the king?
Any crypto is traded with BTC, so BTC is a critical leverage to exchange whatever crypto you want, however in the real market we should also look how ETH is performing, the latter seems particularly in shape even in this massive dump!
ETH is also weak as a protocol. Solidity is built on sand. Programming secure smart contracts is a nightmare - just ask Parity. ETH has a great idea but shitty implementation. It doesn’t deserve its market cap at this time. |
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hazukison
Member
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Activity: 100
Merit: 10
Donate --> 15B6eKDUmjbV21Ujwj32HCX7qctCeSuzyi
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February 02, 2018, 09:39:50 AM |
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Dat candle,the volume ..  Can you explain what this means? |
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pacman7331
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February 02, 2018, 09:40:52 AM |
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US media in general blame USDT, lol, articles coming up one after another.
Bitcoin Bubble rhetoric will soon follow. |
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nikauforest
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February 02, 2018, 09:41:38 AM |
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Look like I missed a lot of movement! I was away on vacation in Sydney , and did not look at the news.
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samsonn25
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February 02, 2018, 09:42:12 AM |
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Guys i think its over...
IT was a honor ;(
Don’t be silly. It’s not over it’s barely begun. We might go to 3k between here and there but that’s nothing. We will be back bigger and meaner than ever. If changing the world was easy, everyone would do it. I agree, too many gamblers |
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GratisBitcoin
Newbie
Offline
Activity: 56
Merit: 0
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February 02, 2018, 09:45:31 AM |
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Guys i think its over...
IT was a honor ;(
Don’t be silly. It’s not over it’s barely begun. We might go to 3k between here and there but that’s nothing. We will be back bigger and meaner than ever. If changing the world was easy, everyone would do it. Exactly. |
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orpington
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February 02, 2018, 09:46:00 AM |
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“Following the ad ban by Facebook, China banned advertising cryptocurrencies as well. Japan has forced local exchanges to warn about risks of cryptocurrency trading. While India announced the toughening of the regulation of the cryptocurrency market. Bitcoin can rebound, but on the upside investors will sell it in the short term,” https://www.rt.com/business/417677-cryptocurrency-market-fall-india/ |
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Dakustaking76
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February 02, 2018, 09:48:27 AM |
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Guys i think its over...
IT was a honor ;(
Don’t be silly. It’s not over it’s barely begun. We might go to 3k between here and there but that’s nothing. We will be back bigger and meaner than ever. If changing the world was easy, everyone would do it. Exactly. Im still holding my btc But the decline is to scary to watch |
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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February 02, 2018, 09:52:39 AM |
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At this point if you have a tether account and a fiat account, its a no brainer to buy in just the tether account.
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serveria.com
Legendary
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Activity: 2226
Merit: 1172
Privacy Servers. Since 2009.
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February 02, 2018, 09:55:32 AM |
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Guys i think its over...
IT was a honor ;(
Don’t be silly. It’s not over it’s barely begun. We might go to 3k between here and there but that’s nothing. We will be back bigger and meaner than ever. If changing the world was easy, everyone would do it. Exactly. Im still holding my btc But the decline is to scary to watch If you'll sell now you'll lose. Don't get rekt. This is what they want you to do - sell low. Cheap coins cheap coins! |
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