LOL! I've responded to you a few times about QSP, but I don't think you've ever responded back. :)
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- Thread starter breakYODAy
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LOL! I've responded to you a few times about QSP, but I don't think you've ever responded back. :)
I expect a small rebound when nothing happens immediately.
With how long people openly discussed / accused Bitfinex / Tether, the people behind it either have a very good exit plan to a remote island or some other plan. Or they are really really stupid and think nothing will happen to them.
Or they somehow can proof their "1 USDT is backed b 1 USD" claim and everything explodes up in relief.... (really slim chance).
With how long people openly discussed / accused Bitfinex / Tether, the people behind it either have a very good exit plan to a remote island or some other plan. Or they are really really stupid and think nothing will happen to them.
Or they somehow can proof their "1 USDT is backed b 1 USD" claim and everything explodes up in relief.... (really slim chance).
This is annoying to me. I've successfully cashed in and out of NZD and NZDT smoothly and cryptopia is by far the best fiat off ramp for me. Although this could be the start of cryptopia offering a true NZD pair with bitcoin which would be better long term.
I think the market was already responding to the Tether scare during the last weeks, holding BTC prices at a low level b/c people cashed out. So that is what I think will soften the potential final blow a bit. Half the market is already expecting Tether to blow up soon so it will not result in an all-out panic.
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Absolutely. The market will rebound and lull people into a false sense of security until the official news comes out, and then everyone is toast. If trading the market now, I think don't hold overnight or if you are away from your ability to trade for hours at a time.
Convert into BTC/ETH/LTC and transfer to a real fiat exchange. Pretty much how all shitcoin exchanges work.
XRB doing really well right now. I wonder if that's because it is not listed on any of the main exchanges.
I only have roughly $100 of XLM sitting on the exchange but certainly don't want to lose it.
Regulators are sure to have an opinion on this exchange practice as well, before too long.
Does it really cost 10 VEN to transfer to a wallet? That is insane it hasn't been lowered yet.
Which exchange?
It was 1.5 VEN when I transferred from Binance.
This is true, but Binance is located in Hong Kong and has no direct dealings with any fiat conversions at all. They don't have to worry about U.S. regulations the same way Coinbase does being based in the U.S. Binance is probably the safest alt exchange through all of this. They never sold Tether for USD, they arent based in a place U.S. regulation can effect them (which is why they have the lightest KYC around next to KuCoin).
I worry about Bittrex more than Binance. Bittrex is US based and sold Tether for USD directly via wire transfers.
That´s the minimum you have to transfer out.
I just did a test with 300 and it shows the fee would be 1.9.
Oh lol
So if they got subpoenaed on Dec 6, and then still proceeded to dump almost a billion tether on the market, the fuck does this all mean?
So if they got subpoenaed on Dec 6, and then still proceeded to dump almost a billion tether on the market, the fuck does this all mean?
They did this on Dec 6th and the news only comes out Jan 30th?
They are trying to make bank
They don't care
If you ignore it, it doesn't exist
Or it could be nothing
Maybe that they were pumping up the price in order to cash out before the news got out.
Yup. It's like one of the only safe havens from the rain at the moment.
Also damn at that XRB thingy with Bitgrail https://www.reddit.com/r/CryptoCurr...owner_of_bitgrail_has_just_scammed_its_users/
Well, fee for Substratum withdrawal is 11.4 SUB ... I have only seen that after I have made a transfer.
List of fees can be accessed here
I believe I did respond before! Haha, my bad if I didn't. I just keep hovering over the idea of buying QSP and just need some reassurance from my fellow Eraers. I still havent bought in but do have a bit of BTC left that I could put into QSP.
I'm just hesitant with buying another low ranked coin. I have COLX, ADC, and had FLASH until recently that I'm sitting on. I did sell FLASH so maybe I can put those funds in Quantstamp and look for other shorter term investments with my remaining BTC.
Since you have an investment with the coin, any news of why it's been on a consistent decline this latter part of the month (other than "The Great Correction")?
Perhaps they know the gig is up and its time to earn (print) big so they can buy an island outside of an extradition treaty!
My guess, Bitfinex knew the day they got the subpoena that their scam was up. It would not surprise me at all if at the end of this we learn they used tether and their insider connections to cause the crazy ripple and btc surges in december. Remember BTC hit 20k less then two weeks after they got their subpoena. I think some major market manipulation was going on. Then come january, the market starts to correct for the crazy behavior of december and they print a bunch of fake tether to buy bitcoin. I bet they have been selling btc hard on the upswings and everyone in management now has nice Swiss bank accounts full of money and they are about to run for the hills.
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Ha. The timing lines up.
Now I wonder if the crazy rise in December when I first jumped in was all manufactured...
Thanks Tether scam for the space bux I guess.
Now I wonder if the crazy rise in December when I first jumped in was all manufactured...
Thanks Tether scam for the space bux I guess.
Knowing you have a government subpoena and then doing this would be one of the stupidest things you can do.
Especially if this was true, then the time to cash out the scam and run would be when BtC was $20k right after the subpoena. If you're going to pull a scam and try to flee from the Us government you don't wait until almost 2 months after you were subpoenaed.
I'm beginning to wonder if ETH's January pump was also partly Tether-driven now.
If you are based in the Virgin Islands and Hong Kong, its much easier to take your time on a massive exit scam. Plus if you know you are already guilty and have access to a market the USA can't actually lock you out of, might as well make some extra money.
I have some XRB in BitGrail. Luckily, I am an EU Citizen though.
I feel really sorry for all these people that will probably get screwed.
That reminds me, we will probably look back at that Tether Printer tweet that just said "Lol" after printing 700 million usdt in a week. :)
Almost no one ever gave a shit but that tweet always looked weird to me.
I think tether is probably a scam, but why didn't they just sell off at ATH and run away with the money instead of pumping 100's of millions to only prop BTC up to 10000$.
I get print fake tether, use to buy BTC, cash out and profit, but it seems like the cash out and profit part was missed.
either way tether and bitfinex will probably go down. Cheap coins all around. Hopefully this can blow over by spring/summer and some confidence comes back and real money starts getting pumped in.
I get print fake tether, use to buy BTC, cash out and profit, but it seems like the cash out and profit part was missed.
either way tether and bitfinex will probably go down. Cheap coins all around. Hopefully this can blow over by spring/summer and some confidence comes back and real money starts getting pumped in.
XRB was down because of Bitgrail, had nothing to do with this.
5 to 15 minutes. BTC mempool has been pretty empty for days.
What the hell are they supposed to do with a Swedish bank account...?