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Is anyone else starting to become a bit worried? mod note in first post

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Comments

  • Registered Users, Registered Users 2 Posts: 21,032 ✭✭✭✭cnocbui


    sexmag wrote: »
    Is it coming preinstalled on the S10 though and has that been confirmed?

    I'll download it now and see how it goes,in the grand scheme I don't mind using a new browser and I dont think most people would either but the crypto part with BAT will probably need to be explained,like quite literally explained to be people who dont know what it is

    I have done a search and It really doesn't look like the Brave browser is coming on the S10. It's BS unless the OP posts a link proving otherwise.


  • Registered Users, Registered Users 2 Posts: 1,303 ✭✭✭sexmag


    Tut tut tut

    100% Backed
    Every tether is always 100% backed by our reserves, which include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by Tether to third parties, which may include affiliated entities (collectively, “reserves”). Every tether is also 1-to-1 pegged to the dollar, so 1 USD₮ is always valued by Tether at 1 USD

    https://tether.to

    So it isn't backed by 1 dollar for 1 tether, they sneakily changed this part in the last few days,of I read it correctly, they are actually backed by cryptocurrency. So, when the price drops and people flock to Tether, it increases the amount of Tether and it decreases the funds it’s backed by.

    This is just Bitconnect with extra steps.


  • Registered Users, Registered Users 2 Posts: 8,234 ✭✭✭Grumpypants


    That just looks like the crypto wallet with a few BAT in it. I can't see anything to say Brave will be on the phone.

    Brave itself is great, it's Chrome with adblocker and tracking disabled. Been using it for a while. Hoping they update the mobile version to allow you to earn BAT like the desktop version does.


  • Banned (with Prison Access) Posts: 2,896 ✭✭✭sabat


    sexmag wrote: »
    ... may include other assets and receivables from loans made by Tether to third parties, which may include affiliated entities (collectively, “reserves”).

    That's completely nuts. They're basically helping themselves to the cash and leaving an IOU in the safe.


  • Registered Users, Registered Users 2 Posts: 1,040 ✭✭✭rapul


    Not surprised at all, have never used tether and never will but that just proves its all a sham.


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  • Registered Users, Registered Users 2 Posts: 2,649 ✭✭✭Whelo79


    sexmag wrote: »
    Tut tut tut

    100% Backed
    Every tether is always 100% backed by our reserves, which include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by Tether to third parties, which may include affiliated entities (collectively, “reserves”). Every tether is also 1-to-1 pegged to the dollar, so 1 USD₮ is always valued by Tether at 1 USD

    https://tether.to

    So it isn't backed by 1 dollar for 1 tether, they sneakily changed this part in the last few days,of I read it correctly, they are actually backed by cryptocurrency. So, when the price drops and people flock to Tether, it increases the amount of Tether and it decreases the funds it’s backed by.

    This is just Bitconnect with extra steps.

    Nice copy and pasting (2 different comments) from the Reddit cryptocurrency forum and trying to pass them off as your own? Possibly the worst forum on the internet!

    As questionable as the practice is from Tether, it's no different to what any bank does with it's customers cash. Plus I see nothing in the Tether statement which says they are backed by cryprocurrency.


  • Registered Users, Registered Users 2 Posts: 7,055 ✭✭✭JohnnyFlash


    I’m surprised the Tether scam has lasted so long. It’s so fundamental to the running of exchanges these days though that it probably suits the main players to keep the facade going. It’s the primary source of liquidity to most of the major exchanges.


  • Closed Accounts Posts: 4,791 ✭✭✭JJJJNR


    Complete red herring, the pic is of BAT on the crypto wallet on an s10, so technically yeah guinness farts.


  • Registered Users, Registered Users 2 Posts: 7,055 ✭✭✭JohnnyFlash


    CBOE have dropped Bitcoin Futures. Good or bad for crypto?


  • Registered Users, Registered Users 2 Posts: 21,032 ✭✭✭✭cnocbui


    Probably a good thing, though it's not the end of BTC futures, just one player taking their ball home in a huff because they weren't getting much business.


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  • Registered Users, Registered Users 2 Posts: 7,055 ✭✭✭JohnnyFlash


    In fairness, it is CBOE. The problem as I see it at the moment is the lack of liquidity. There's no punters putting their filthy FIAT into crypto at all - it's very bleak. Cash in, cash out is still king. And it looks like most of the major players have taken the 'mug money' and ran at this stage. Most of the trading these days is either wash trading, or exchanges moving Tether desperately between each other to get margin.



    Anyone keeping an eye on the mining scene? What's going on there?


  • Registered Users, Registered Users 2 Posts: 66,659 ✭✭✭✭unkel


    Anyone keeping an eye on the mining scene? What's going on there?

    Dead. Well, not dead but mining isn't profitable unless you have very cheap electricity. You can still make profits if you get your hands on early ASIC / FPGA miners but this is as it always was an extremely risky business

    In my own case, it is heating my house cheaper than it would be with my gas boiler. That's about it for profitability. And it was a good excuse to install more and more solar PV :D


  • Banned (with Prison Access) Posts: 3,964 ✭✭✭Blueshoe


    I’m surprised the Tether scam has lasted so long. It’s so fundamental to the running of exchanges these days though that it probably suits the main players to keep the facade going. It’s the primary source of liquidity to most of the major exchanges.

    What's going on now with Tether? Kind of been out of the loop a while. Most of my holdings are sitting in Tether!!


  • Registered Users, Registered Users 2 Posts: 2,649 ✭✭✭Whelo79


    BTC having a good Battle with the $4k mark today. Crossed back and forth at least 6 times looking at the 30 minutes windows. It's been between $3,800 and $4,100 in the last few hours.


  • Registered Users, Registered Users 2 Posts: 1,303 ✭✭✭sexmag




  • Registered Users, Registered Users 2 Posts: 18,991 ✭✭✭✭Dohnjoe


    25 BAT for signing up? or 25 BAT earned from ads? (sorry can't look at link since I am in work)


  • Registered Users, Registered Users 2 Posts: 21,032 ✭✭✭✭cnocbui


    Truckermal wrote: »

    Here is my referral link..

    If you would gain benefit from people clicking that link then you should edit your post and remove it before you get banned.


  • Registered Users, Registered Users 2 Posts: 1,040 ✭✭✭rapul


    25 for signing up, and you get more for watching adds, wait for all the links now from people, i shan't be jumping on the band wagon of referrals

    Edit: forget to say adds are coming soon


  • Registered Users, Registered Users 2 Posts: 18,182 ✭✭✭✭Thargor


    Got my 25 bat aswell, cheers. How can they afford to pay out a fiver worth of free crypto to everyone who signs up though?


  • Posts: 0 [Deleted User]


    Thargor wrote: »
    Got my 25 bat aswell, cheers. How can they afford to pay out a fiver worth of free crypto to everyone who signs up though?

    Because it's only pretend money really..


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  • Registered Users, Registered Users 2 Posts: 18,991 ✭✭✭✭Dohnjoe


    Because it's only pretend money really..

    Exactly. That you can cash out for real money, it's great


  • Registered Users, Registered Users 2 Posts: 4,676 ✭✭✭makeorbrake


    Dohnjoe wrote: »
    Exactly. That you can cash out for real money, it's great

    Right, ergo, it's NOT pretend money afterall. :D


  • Registered Users, Registered Users 2 Posts: 6,422 ✭✭✭Doodee


    Kin is on a run. Up over 90% at the moment


  • Registered Users, Registered Users 2 Posts: 2,649 ✭✭✭Whelo79


    Doodee wrote: »
    Kin is on a run. Up over 90% at the moment

    Flying at the moment alright. They just launched their own network and have been listed on a couple of bigger exchanges (not big in crypto sense) but bigger than what they had been on previously. KIN is being used in a couple of apps now too and can be earned by watching ads and taking surveys and can be exchanged for gift vouchers.

    Still way down on where it was 14 months ago however, but it is moving in the right way finally.


  • Registered Users, Registered Users 2 Posts: 6,422 ✭✭✭Doodee


    Whelo79 wrote: »
    Flying at the moment alright. They just launched their own network and have been listed on a couple of bigger exchanges (not big in crypto sense) but bigger than what they had been on previously. KIN is being used in a couple of apps now too and can be earned by watching ads and taking surveys and can be exchanged for gift vouchers.

    Still way down on where it was 14 months ago however, but it is moving in the right way finally.

    You holding much of it?


  • Registered Users, Registered Users 2 Posts: 2,649 ✭✭✭Whelo79


    Doodee wrote: »
    You holding much of it?

    Enough that if it got to 1c I'd have a nice deposit for a house!


  • Registered Users, Registered Users 2 Posts: 18,991 ✭✭✭✭Dohnjoe


    Would recommend also taking into account max supply. Compared to other coins, Kin is relatively expensive for it's position

    Would cost you 500 EUR to buy 1 millionth of max supply, whereas it's next door neighbour Wanchain is 75 EUR for 1 millionth of max supply

    Since the value of these things can't be valued properly, it's worth taking into account max supply values. The market does. (you'll notice the top 25 coins generally descend in value in that regard)


  • Registered Users, Registered Users 2 Posts: 470 ✭✭manu2009




  • Registered Users, Registered Users 2 Posts: 2,649 ✭✭✭Whelo79


    Dohnjoe wrote: »
    Would recommend only looking at max supply. Compared to other coins, Kin is relatively expensive for it's position

    Would cost you 500 EUR to buy 1 millionth of max supply, whereas it's next door neighbour Wanchain is 75 EUR for 1 millionth of max supply

    Since the value of these things can't be valued properly, it's worth taking into account max supply values. The market does. (you'll notice the top 25 coins generally descend in value in that regard)

    Completely different projects, objectives and use cases though. The way KIN is intended to be used it needs a large supply. I understand what you are saying, but focusing on max supply alone is not really how I would go about judging on wether a project has potential to be profitable it not.


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  • Registered Users, Registered Users 2 Posts: 18,991 ✭✭✭✭Dohnjoe


    Whelo79 wrote: »
    focusing on max supply alone is not really how I would go about judging on wether a project has potential to be profitable it not.

    I agree and to clarify; purely in relation to price/supply

    Hoping Kin increases to 1 cent is like hoping BTC goes to 30mm a piece

    Crypto is nuts, but one of the only viable metrics the market can actually use is scarcity, so it's worth paying attention to


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