Irish_rat wrote: » Well one eth is within the 1270 exemption
Frozen Veg wrote: » What's the appeal with DOT?
deathbomber wrote: » Nightmare for your tax return though, profits will be eaten unless you intend on not declaring of course
Thargor wrote: » I've been selling a chunk every time ETH hits €1k and buying it back when it drops for the last couple of days and today it added up to 1 free ETH.
stockshares wrote: » I can't see though why anyone would accept USDT in that situation even with the discount mentioned by Bob24.
Str8outtaWuhan wrote: » which exchanges listing DGB?
maninasia wrote: » It's a concern. But you can't let it keep you up at night in this game. Right now it's time to make hay while the sun shines. And if tether blows up or not, use cases like defi and platforms like ethereum will still be there. Bitcoin will still be there and other stable coins such as Dai will do juDt fine.
makeorbrake wrote: » Their 1:1 backing reduced to 74% once the powers that be froze capital the company had on account with a Panamanian shadow banking outfit (Crypto Capital) in 2019. You mean that by opening up their books, they couldn't do themselves harm when it comes to regulators? I'm not defending them but my suggestion is NOT nonsense. US regulatory reach has a long arm. Just to be clear, I have not suggested anyone ever takes Tether/Bitfinex' word for anything. However, how anyone interprets that ongoing saga is relevant to their own trading situation.
Mellor wrote: » Wasn’t that already confirmed?
cnocbui wrote: » Nonsense: nothing would do more to appease regulatory entities and banks than open and audited disclosure.
cnocbui wrote: » I can't understand why anyone would take Tethers word or deal in it - apart from greed, of course. Idiots, IMO.
makeorbrake wrote: » I've been concerned about Tether for over four years now. I thought why the hell can't it just publish recognised 3rd party audits and be done with it. However, we all have to appreciate the history its had in trying to exist (along with many crypto companies). Its had banking withdrawn at various stages - leaving them high and dry. It seems to have become a target as far as various regulatory entities within the US are concerned. So it makes sense that they would keep things tight. It doesn't seem to have done much wrong but of course, its centralised so that means that for crypto its always a risk (and very much goes against the whole ethos). Beyond all that, some folks that seem credible to me in the space are suggesting that its role isn't as significant as it has been in the past and that it won't make any difference if (not if but when..) its taken down. I'd imagine that even if this is true, such an eventuality would cause some short term panic at the very least.
stockshares wrote: » If its ever confirmed that it's not backed fully by USD then I presume BTC price would collapse.
KilOit wrote: » Few wealthy people now with that coin. Got an airdrop of it back in jan 2018, remember looking at the wallet in 2019 and it dropped to. 003 cents per old Aave coin, mental to think if I put €100 in it then it'll be worth 50k now
stockshares wrote: » I'm far from an expert on it.
BrandonBay86 wrote: » Could cause a few issues for exchanges / those accepting it alright.
Dante7 wrote: » FFS, a car. If I still had the BTC I spent on crap and lost in 2013 I could now buy a housing estate.
stockshares wrote: » I'm far from an expert on it. I can't see though why anyone would accept USDT in that situation even with the discount mentioned by Bob24.
makeorbrake wrote: » Well, that's debatable also. The suggestion is that btc price will go up!....as some of that $ would find its way into btc....at least initially.
BrandonBay86 wrote: » A question I have about tether is the potential immediate impact. Do holders sell it or swap for crypto if sh1t is about to hit the fan?
stockshares wrote: » How dangerous is this. Tether reveal they have a large position in Bitcoin .https://decrypt.co/54225/tethers-offshore-bank-discloses-large-position-in-bitcoinQuote So, the question is: Is Tether backed, in part, by Bitcoin? If so, a crash in the price of Bitcoin could reduce investors’ ability to remove funds. And the answer is...unclear.Tether’s last published transparency update, from June 1, 2018, claims a total of $2.54 billion in USD distributed across two bank accounts. That amount was more than its reported market cap at the time. A letter produced by Tether from Deltec, dated November 1, 2018, seemingly confirmed that Tether was a client, though it used creative wording to discuss how many dollars were in the account: “We hereby confirm that, at the close of business on October 31, 2018, the portfolio cash value of your account with our bank was US$1,831,322,828.” (Emphasis ours.)Moreover, Deltec hasn’t divulged which clients it’s holding Bitcoin for, as Tether isn’t Deltec’s only customer. In fact, at least one other crypto company seems to use it as well, crypto derivatives exchange FTX. So, this could all be much ado about nothing, smoke without fire. But others find it curious, especially as crypto exchange Bitfinex, which shares a leadership team with Tether, has been rumored to own a large stake in Deltec. Tether isn’t just the subject of rumors. It’s also the subject of a New York Attorney General’s Office investigation. The NYAG has been looking into whether Bitfinex gave Tether loans to hide $1 billion in losses.
KilOit wrote: » Trust me if you had access you would of sold in bits over the years and maybe afforded a decent second hand Japanese car
One More Toy wrote: » At today's prices... Enough to buy a nice German car Fcuk it, I may have sold years ago so can't really look back and think of what might have been
