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

Autochange

Bear markets
Fud
Regulation
Wall Street manipulation
The supposed tether ticking time bomb

What are your thoughts? Have you cashed out? Have you been buying the dips?

MOD NOTE:
Its good to see healthy debate and discussion taking place and I am sure every supporter of cryptocurrency and blockchain can agree that the contrarian viewpoint is worthwhile reading, if only to act as an anchor and help prevent investors from getting carried away in an echo chamber of "everything is wonderful, just keep going"

However, there have been a few reported posts recently which I did not action as I wanted to see the thread level out itself rather than start forcing viewpoints and I have been in two minds about that decision.

I'm not going to single any posters out but I'm going to ask that all posters read the forum charter and I want to point out that it was established years ago in the Television forum, that dropping in on a forum to tell the followers of that forums topic (in that case a particular tv show) that it was all crap and only idiots watched it etc etc was the exact definition of being a dick and attempting to troll. I know this because I was the mod of the forum at the time. Now look at the forum charter again.

There is pretty much one rule on this forum : if you cannot discuss in a civil manner, and I mean discuss, not soapbox or attack, then you have absolutely no business posting here and I have no qualms about removing your ability to do so.

This forum is for people that have in interest in cryptocurrencies, blockchain and their application to financial investments. that can be positive or negative but if you really feel the need to start pulling out memes / hiding insults in imaginary hashtags / attacking personalities or just generally being a dick there are other forums you can post in where I will let the local mods determine if it is within the scope of allowable behaviour. Here, it is not.

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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.

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.

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.

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.

rapul

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

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.

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.

JJJJNR

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

JohnnyFlash

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

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.

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?

unkel

JohnnyFlash wrote: »

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

Blueshoe

JohnnyFlash wrote: »

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!!

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.

sexmag

https://www.koinalert.com/brave-browser-latest-android-version-1-0-88-now-supports-brave-rewards/?utm_campaign=cryptocontrol.io&utm_medium=cryptocontrol_api&utm_source=cryptocontrol.io

Just set it up there and have 25 BAT already, pretty sweet

Dohnjoe

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

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.

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

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?

[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..

Dohnjoe

Deleted User wrote: »

Because it's only pretend money really..

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

makeorbrake

Dohnjoe wrote: »

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

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

Doodee

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

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.

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?

Whelo79

Doodee wrote: »

You holding much of it?

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

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)

manu2009

https://www.bbc.com/news/business-47553048

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.

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