At this point in time, I would advise anybody involved with cryptocurrency to... well, either get out altogether, or reduce your "exposure" to something that won't hurt you at all. Getting into Bitcoin or Ethereum or Dogecoin as a lark or as a joke or even as an experiment is one thing - getting into it as a serious investment is another thing. This feels like it's going to pop like a whale cadaver on a beach, and soon.
Maybe things will have settled down in a month; maybe they won't. But Bitfinex sounds like one of the most fradulent securities companies ever. They would make Mike Milken and Kenneth Lay proud.
"While Bitfinex insists all new “USDT” are backed by real dollar deposits, new Tether issuances have coincided with dips in the price of bitcoin."
That should be clarified as: While Bitfinex insists all new “USDT” are backed by real dollar deposits, new Tether issuances have coincidentally followed dips in the price of Bitcoin, and after the Tether issuance a subsequently coincidental increase in the price of Bitcoin.
Without the in-out funds using BTC as the turnstile to enter-exit altcoins, BTC collapses and takes the whole crypto complex with it. IMO. Wash trades galore I reckon.
As for the Jap exchange repaying $600 million they were hacked, that's hilarious, never gunna happen, they ain't got da Yens. BEWARE the Snake Pits.
You think 2 billion (Tether worth or 1% of BTC) is going to crash Bitcoin? Tether makes up much more of BCash total. I suppose BCash is done.
Bitfinex issued more USDT then Fed reserve a pure scam
USDT will explode and it will be like a hurricane :S
the world is a snake pit and nobody makes it out alive and i think some people with GREED know that. it's every person for themselves in this crazy world that we are destroying day by day. it's kinda fucking sad.
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Half of the crypto world already knows usdt is a scam, I highly doubt it will crash the Bitcoin price when they other half eventually work it out
hey so nice I really like your post! Thanks for it! I actually wrote my 2nd part of my introduceyouself and I write about that I went to jail because of cryptos... lets make steemit together to a better place with our content! I would like to read a bit more about you and maybe do you have some more pictures? Maybe you upvote me and follow me swell as I do? https://steemit.com/counterfeit/@mykarma/2-jail-review-counterfeit-euro-speeeeending-time
Self promotion could make your reputation a whale snack!
Your Reputation Could be a Tasty Snack with the Wrong Comment!
Thank You! ⚜
When you repeat the same comment on multiple post you sound like a bot! If it walks like a bot, squawks like a bot, it may be flagged for being a bot!
Your Reputation Could be a Tasty Snack with the Wrong Comment!
I saw activity é flags tonite, a few mins on this guy`s stuff, this is all he does on here, I have no idea how he is making money on his posts, he spams this same stuff out all day long and many many people incl. myself have warned him.
He does not reply to comments ever on the matter --- I am suggesting some weighted flags at this point, you know I do not flag or tag you on these things, unless I have done my research --- he will keep doing this, how is he at 43 rep stillÉ
https://steemit.com/@mykarma/recent-replies
Are you a robot or what..?? I had seen this particular comment on a friends post and here again i see it..!!
I am not shocked you have written the same comment all over Steemit today .
For proof check out his comments here
https://steemit.com/@mykarma/comments
What you are doing is called spamming on Steemit!!!!
True.
Flags have been applied, I would suggest tagging steemcleaners, adm and patrice and telling others as well.
`
It has been days and days of this here from him. Without replies either.
I will tag them the next time i see such spam.
Thank you ! @wellfml am try to make post more attractive hope so next time make better then last .