Is there any real evidence that Tether do not hold enough dollar collateral?
I guess if they did, theyd be the first to want to prove it, but is the fact they havent proven it the only reason that people think theyre in trouble?
US DOJ probing Binance coin BNB.
Probably nothing.
Someone who lies about the little things will lie about the big things too.
I closed my short during this morning's dip to $30k. Gotta feeling we are going to rip a bit before we sell off again.
Someone who lies about the little things will lie about the big things too.
The end of Tether:
https://twitter.com/propelforward/st...61206975053824
Someone who lies about the little things will lie about the big things too.
New York, nobody does financial business there, right?
This means Tether is out of game for all wrapped financial products, like funds, notes, for investment portfolios of the biggest banks and insurers and who knows how many other states will follow.
Probably nothing. Lolz.
Someone who lies about the little things will lie about the big things too.
Plenty of other stablecoins they can use. Half a dozen have already been approved by NY state.
You do ALWAYS look for the worst in everything.
I have said it's the end of Tether, nothing more nothing less. You said that wasn't relevant because it's only New York, which is obviously bollocks. Then you are pivoting that investors could use others, which has nothing to do with my statement that Tether is toast.
And by the way, NYDFS has only approved four coins, not half a dozen - of which only one, Gemini Dollar, has a market cap of more than a million Dollars and still has no turnover and no listing on a major exchange. Good luck doing business with those.
Someone who lies about the little things will lie about the big things too.
Wrong. You missed Binance coin, with an MCap of over $14bn. That one has been approved by NYDFS since August 2020.
https://www.nasdaq.com/articles/bina...roval-2020?amp
For the avoidance of any doubt: I have absolutely zero problems with a well managed stablecoin, which means it is transparently collateralised under the oversight of a licensed depositary organisation - just like any other comparable instrument in tradfi. Funny that Binance with all their legal issues are the name-sponsor of one of the regulated ones - but that doesn't change the fact that BUSD is regulated. Bit of a downside that there is no liquid market place for BUSD outside of Binance, but maybe that'll come one fine day.
My point was about Tether, which is quite obviously a fraud and it's high time it is removed from the face of the earth; not only to protect consumers from the results of their unavoidable blow-up but also because it is used to fraudulently inflate asset prices of various crypto currencies, enriching a select few against hundreds of thousands of bag holders.
Someone who lies about the little things will lie about the big things too.
Nope.
You’re mixing up Binance and Binanace.US which are two different companies.
One is restricted from operating its exchange services in the state of New York, the other is approved and has its associated stablecoin on the state’s greenlist.
Good simple guide to some of the differences here.
https://amon.tech/blog/educational/w...w-does-it-work
Last edited by mr noble; 9th June 2022 at 13:14.
Greg, you have to stop. This isn't difficult, any Google search is going to tell you.
Binance.com does not offer any services to users from the United States as a whole (the FBI would immediately destroy them if they did):
Binance.US offers services to residents of the United States, except from the states of Hawaii, New York, Texas and Vermont:
I don't understand what you are trying to prove, you are pivoting ever further from my original point (Tether is a fraud) and keep embarrassing yourself with posting complete nonsense.
Someone who lies about the little things will lie about the big things too.
Lolz.
Dont know why I bother. You are incapable of admitting you got something wrong.
Lets agree to disagree.
Wut?
What have I got wrong? I stated that Tether is a fraud, and you kept pivoting to other topics to find fault in something I never said. Yet every single one of your 'rebukes' was wrong.
Which Binance can New Yorkers do business with? What does Binance have to do with BUSD other than the name they are sponsoring?
Someone who lies about the little things will lie about the big things too.
A couple of weeks ago I thought I'd made a mistake. It turned out I was wrong though.
Growth potential new NFTs
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A guy from r/cryptocurrency created a test coin on the Algorand chain, cost him 5 bucks, 10 minutes work. Named it Buttcoin, this was 2 weeksago. They fiddled around with it just to learn, told people NOT to buy it and now its pumping.
Let that sink in
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LUNA2 on its way to zero already as there are reports of the SEC collecting evidence against Do Kwon for fraud and money laundering. T'was just an ordinary fraud, right from the start.
Solana next.
Someone who lies about the little things will lie about the big things too.
Seemingly though, things have now got so tight down at Terraform labs they have to take it in turns to wear the socks or the trainers.
Eth 52 week low and still going
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If we were mining Eth now we'd be losing $5 per day
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ETH getting slaughtered with BTC/ETH approaching 3 and Shiba Inu earned itself its fifth zero.
Why the heck did I close my BTC short earlier this week?
Someone who lies about the little things will lie about the big things too.
Because you correctly cut your losses, and stuck to your strategy of cutting the loss runs and letting the profit runs run. You can pay yourself on the back .
Actually I think you were being rhetorical . I shall be going into BTC big again in November
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You okay, Saylorman?
There will be so many steals tomorrow, don't know where to start buying. Solana, Cardano, Doge.... And then Microstrategy, Argo Blockchain, Marathon, Riot, Tesla....
Opportunities, opportunities. Fill your boots for the certain ride to the moon.
Someone who lies about the little things will lie about the big things too.
Ive been following this thread for a while out of general interest rather than as an investor.
I have read it now costs around $25000 dollars to mine a bitcoin. If/when bitcoin is worth less than this I am guessing the price would take a significant hit.
Just wait until the miners will have to start selling their hoarded coins, might be this week already. Avalanche.
And I have already put a very nice bottle into the fridge to open when Microstrategy goes belly up.
Someone who lies about the little things will lie about the big things too.
Here is how Do Kwon removed $2.8 bln from the Terra ecosystem.
https://twitter.com/FatManTerra/stat...23662153437185
Just an ordinary criminal, only that it is in crypto and hence he will get away with it.
Good times.
Someone who lies about the little things will lie about the big things too.
Meanwhile, on the Argo Blockchain investor board:
Someone who lies about the little things will lie about the big things too.
Anyone interested in a bit of USDD FUD? Intriguing.
https://twitter.com/resdegen/status/1536005536646320128
Someone who lies about the little things will lie about the big things too.
Celsius Network imploding, taking with it billions of crypto. Where were the signs?
Lots of rumors of big troubles at Coinbase, the next couple of hours will be interesting.
But fear not, because:
Someone who lies about the little things will lie about the big things too.
If I had any assets on any exchange, I would pull it. If Coinbase goes, there will be no stopping. (I would actually sell the assets as the prices will flush as well if that happens, but that's another thing).
Someone who lies about the little things will lie about the big things too.
https://etherscan.io/tx/0xa229183570...4ca67a239873dc
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MSTR trading around $170 pre pre-market, Coinbase at $53.
Both still rich in my view, we shall see in 13 minutes when US pre-market opens.
Someone who lies about the little things will lie about the big things too.