Dunkelheit667
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Activity: 1045
Merit: 1157
no degradation
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November 01, 2018, 03:57:11 PM |
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The monthly update: Well then... My doubts have vanished. If history rhymes, 2018 is a new 2014 and I decided to enter the accumulation phase again. Therefore I changed my job to buy more BTC with more fiat. Am I greedy and who will judge me for this? Buyers of the next wave?
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bitserve
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Activity: 1834
Merit: 1477
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
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Activity: 2110
Merit: 1537
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
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Activity: 3696
Merit: 10388
#1 VIP Crypto Casino
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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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Activity: 2212
Merit: 1967
A Bitcoiner chooses. A slave obeys.
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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_
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Activity: 2674
Merit: 13157
BTC + Crossfit, living life.
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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
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Activity: 3696
Merit: 10388
#1 VIP Crypto Casino
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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
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Activity: 3332
Merit: 4613
diamond-handed zealot
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November 01, 2018, 06:16:06 PM |
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HairyMaclairy
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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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Last of the V8s
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Activity: 1652
Merit: 4392
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_
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Activity: 2674
Merit: 13157
BTC + Crossfit, living life.
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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_
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Activity: 2674
Merit: 13157
BTC + Crossfit, living life.
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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 (OP)
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Activity: 2646
Merit: 2793
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_
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Activity: 2674
Merit: 13157
BTC + Crossfit, living life.
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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
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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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