| submitted by /u/DesignerAccount
As such, our new daily Bitcoin contract will not be traded on margin, use leverage, or serve to create a paper claim on a real asset. This supports …
Google Alert – bitcoin
There are many ways to store bitcoin cash, and while some people use mobile apps, others use hardware wallets to store their digital assets.
Google Alert – bitcoin
Repeated warning – modern printers: 1) have large built-in cache (thing GBs) 2) Are wi-fi or internet enabled 3) No concern of their manufacturers over security at all
I am more than certain that there already is or there soon will be a malware targeting printers and searching cached documents for paper wallets. Please beware.
That's how crazy cryptospace is..
So let's take things from the start. There is one academic paper written by a graduate student under the supervision of his professor. We all know what that means. Hungry for drama media take up the article and post it (NY times). Regardless of whether it's true or false, one could use this as a major manipulation. If you know this article is being printed and you know how the immature market overreacts it's prime shorting time. What an irony when posting an article about manipulator…you are the manipulator.
In any case, there was another article here http://forklog.net/so-have-we-got-tethered/ that finds absolutely no correlation with prices increases. Why should I believe a graduate student vs someone else that conducted statistical analysis? Well, we collectively panicked on one article and totally dismissed the other one.
Why? Economic theory always suggests that negative news have more power than positive ones as we have seen during the last months, we have a super influx of positive news to which the market does not react.
Still, my thoughts about Tether are summed up from this series of Tweets from someone I respect:https://twitter.com/matt_odell/status/1006885981797208064
He has a nice wording but I also need to add a couple of things I keep repeating.
- ALL of the exchanges that use Tether do not seem to be worried. Either they are STUPID or they are convinced that there is no immediate threat from Tether. Conspiracy zionists will say that they are all in this together. Well I'm not a flat earther on this one.
- Can you think of one promiment crypto famous person that publicly said he is worried about Tether? I am not talking about Twitter OGs I am talking about Binance CEO for example who seems completely confident Tether is not a scam since he offered insurance in case something happens or other exchange CEOs etc? NONE
- Tether on purpose does not want to get public with the bank accounts since many governments may start picking on them. It serves a very convenient purpose to the ecosystem.
- Tether guys have a big vested interest in Bitcoin not failing, they are already gazzillionaires and have no reason to scam. If you have hundreds of millions already, would you run a scam to get some more threatening imprisonment? I wouldn't.
- Tether has a confirmed bank account with the biggest Dutch bank. Do you think one of the most scrutinizing banks under EU legislation would host billions of a scam scheme?
- Few understand that you need to increase and decrease the supply of a pegged asset. They just mindlessly repeat "tether printer" like an army of tools without understanding what is it's purpose while it is described in their technical documentation.
- We have more stable coins now in case I am wrong. Can you just chill?
p.s I don't work for Tether, I am not a paid shill etc etc. I am just trying to put my 2 cents to make this market more efficient (because I am a long term investor that profits from rationality vs day traders that profit from madness). So no, this post is not completely altruistic obviously.
https://www.cmi-gold-silver.com/article/gold-standard-inflation-fiat-money/ is the source of the quote.
I did some research on the value of the dollar over the course of US history (at least, as far back as I could find. What I discovered was that the value of the dollar relative to the *median* price of gold over the last 225 years has crashed significantly and not recovered twice. *Only* twice. Once was at the beginning of the great depression, and the other was the minute the gold standard was abolished.
Note: There was a scenario on a similar scale of the great depression during the Colorado Gold Rush of 1859, but this only applies to gold and I think this is due to peoples' tastes and preferences leaning towards gold. The gold rush must have affected demand more than supply, because the price nearly doubled. That's the only thing I can think of to explain it.
Regardless, the price of gold returned to the median in just a little under two decades — very short in the history of the US. Here are the excel graphs I made that caused me to discover this phenomenon. https://imgur.com/a/FpEVl0W
Bitcoin's drop following its peak near $ 20,000 was directly tied to the launch of a futures market, according to new research from the San Francisco …
Google Alert – bitcoin