JayJuanGee
Legendary
Online
Activity: 3864
Merit: 10948
Self-Custody is a right. Say no to"Non-custodial"
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February 03, 2018, 01:47:47 AM |
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Oh my!!!!! The Torque-method. An alliance.
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bones261
Legendary
Offline
Activity: 1806
Merit: 1828
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February 03, 2018, 01:48:20 AM |
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I wonder if it is good news that Finex/Tether has not printed any Tethers since the 23rd of January.
They need to buy real dollars to show to the coming audit. Only when they have the truck loaded and the audit done that they will print more. I hope they print 10x more, just to watch r0ach post a dozen of walltexts about ponzi schemes, silver, jews, women, etc. Wouldn't a decent auditor pay attention to dates and times? Or do they now have a bank that's willing to fix the books? I suppose they could persuade Omni to do a hard fork to change those dates and times too.
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fabiorem
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February 03, 2018, 01:53:10 AM |
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Wouldn't a decent auditor pay attention to dates and times? Or do they now have a bank that's willing to fix the books? I suppose they could persuade Omni to do a hard fork to change those dates and times too.
The point in case is that every single tether should be backed by a dollar bill. I think this is what the regulators care most about.
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Rosewater Foundation
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February 03, 2018, 02:13:06 AM |
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So, who sold at the bottom? Bear trap is over and according to masterluc we're in the beginning of the 4th wave. From this point we're going UP!
it's not over until rosewater and I are passed out in a pool of broken glass, tears, and our own vomit does that happen often? Naw, we cool.
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PoolMinor
Legendary
Offline
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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February 03, 2018, 02:17:49 AM Last edit: February 03, 2018, 03:04:31 AM by PoolMinor |
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jojo69
Legendary
Offline
Activity: 3318
Merit: 4597
diamond-handed zealot
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February 03, 2018, 02:24:34 AM |
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Wouldn't a decent auditor pay attention to dates and times? Or do they now have a bank that's willing to fix the books? I suppose they could persuade Omni to do a hard fork to change those dates and times too.
The point in case is that every single tether should be backed by a dollar bill. I think this is what the regulators care most about. the timing is actually important...they need to back before creating
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1465
Clueless!
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February 03, 2018, 02:28:47 AM |
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Wouldn't a decent auditor pay attention to dates and times? Or do they now have a bank that's willing to fix the books? I suppose they could persuade Omni to do a hard fork to change those dates and times too.
The point in case is that every single tether should be backed by a dollar bill. I think this is what the regulators care most about. the timing is actually important...they need to back before creating yeah, what I was thinking is IF they are selling BTC to pay for Tether to cook the books...I"m not even sure if that is 'illegal' as long as you make up the difference on your claim that you back btc with usd to backstop the tether ..better late than never ..as such... thus..this dump could make a lot of sense if tether folk are playing 'catch up' at our expense with the price dump (that sounds too simple to be correct...just tossing it out there)
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bones261
Legendary
Offline
Activity: 1806
Merit: 1828
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February 03, 2018, 02:35:57 AM |
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Wouldn't a decent auditor pay attention to dates and times? Or do they now have a bank that's willing to fix the books? I suppose they could persuade Omni to do a hard fork to change those dates and times too.
The point in case is that every single tether should be backed by a dollar bill. I think this is what the regulators care most about. the timing is actually important...they need to back before creating Perhaps they can explain to the auditors that depositing dollars with Bitfinex/Tether.io is equivalent to depositing it into a black hole. After it passes through the event horizon, time becomes totally irrelevant.
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gentlemand
Legendary
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Activity: 2590
Merit: 3014
Welt Am Draht
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February 03, 2018, 02:39:06 AM |
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I think if we were given a complete rundown of what Bitfinex have been up to behind the scenes over the years we would put our knickers on our heads and run screaming into the sea. I have no doubt they are 100% amoral.
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fabiorem
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February 03, 2018, 02:44:06 AM |
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the timing is actually important...they need to back before creating
Can you deposit and withdraw fiat in Bitfinex? I thought you had to buy tether first, because they had bank problems... I dont use that exchange. If the institution that control tether dont have all the money they supposedly have, and have been accumulating bitcoin over time, they might be dumping it in other exchanges for real dollar, to back the tether. Maybe this is causing the price to go down, as they need to sell quick. And they can fake those books, if the time is required. But this is just conjecture, we will never know the extent of it. One thing we know is this tether business is very fishy. If they have been pumping the price artificially all this time, they might be dumping it, and if this is true, it can create a signal for shortings in the future... every time some regulator talks about auditing Bitfinex, we will have a bear signal. This, of course, if everything ends well for all sides. Because in most cases, it dont.
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Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
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February 03, 2018, 02:58:40 AM |
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I think if we were given a complete rundown of what Bitfinex have been up to behind the scenes over the years we would put our knickers on our heads and run screaming into the sea. I have no doubt they are 100% amoral.
They literally stole from their customers.
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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February 03, 2018, 03:00:14 AM |
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I think if we were given a complete rundown of what Bitfinex have been up to behind the scenes over the years we would put our knickers on our heads and run screaming into the sea. I have no doubt they are 100% amoral.
I did that yesterday but it didn’t have anything to do with bitcoin.
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degxtra1
Member
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Activity: 234
Merit: 46
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February 03, 2018, 03:41:50 AM |
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I hope they print 10x more, just to watch r0ach post a dozen of walltexts about ponzi schemes, silver, jews, women, etc.
let roach have this few breaths before next pump, honestly, he deserves this. Can you imagine this forum without him? btw - what happened to lambchop or so, i don't remember his nickname? he was productive like rr too.
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
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February 03, 2018, 03:43:30 AM Merited by josephpogi (1) |
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I think this is good because it's higher than the present price.
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rafanadal
Member
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Activity: 368
Merit: 31
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February 03, 2018, 03:44:13 AM |
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why would a slow as shit fake currency that doesn't even work as a currency be worth that much ? people need to use their brain.
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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February 03, 2018, 03:47:25 AM |
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It’s only 2.5x ATH. You would think LN being fully operational would be a precondition.
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Rosewater Foundation
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February 03, 2018, 03:51:50 AM |
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I ran a neuner yesterday. But it didn’t have anything to do with bitcoin.
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infofront (OP)
Legendary
Offline
Activity: 2646
Merit: 2793
Shitcoin Minimalist
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February 03, 2018, 04:09:37 AM |
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Everyone needs to relax. Business as usual.
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bitcoin_is_here_to_stay_2
Newbie
Offline
Activity: 28
Merit: 1
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February 03, 2018, 04:23:18 AM |
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Wouldn't a decent auditor pay attention to dates and times? Or do they now have a bank that's willing to fix the books? I suppose they could persuade Omni to do a hard fork to change those dates and times too.
The point in case is that every single tether should be backed by a dollar bill. I think this is what the regulators care most about. the timing is actually important...they need to back before creating yeah, what I was thinking is IF they are selling BTC to pay for Tether to cook the books...I"m not even sure if that is 'illegal' as long as you make up the difference on your claim that you back btc with usd to backstop the tether ..better late than never ..as such... thus..this dump could make a lot of sense if tether folk are playing 'catch up' at our expense with the price dump (that sounds too simple to be correct...just tossing it out there) I'm not a fun of Finex, but I think there is nothing wrong with tethers currently for the simple reason: arbitrage. If people would have substantial difficulties with withdrawing fiat from Finex, they price will reflect it. Like late Mt. Gox, when BTC price run up as the only way to withdraw funds. Or BTCe, where prices where always lower, since that exchange was mainly used for cashing BTC, not buying.
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