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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4172. (Read 26713597 times)

legendary
Activity: 1974
Merit: 2124

Classic:


Sounds similar to this  Grin :



But have diamond hands if you can...
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Haven't seen this much snow in one dump for a few years now.

Hope you're in Mexico, JimboToronto!

Nope, right here in the Big Smoke. We would have been in Mexico by now if Omicron hadn't screwed up air travel.

Luckily we knew it was coming and got salt down before it started. Got our grocery shopping done yesterday. Woke up this morning, sat down at the Hammond and played some snow songs. Let it snow, let it snow, let it snow.

Remember the "Mel Lastman" snowfall in 1999? That was a snowfall, twice as deep as this.

We basically treated today as a snow holiday and took an extended siesta this afternoon and then my wife made a big pot of traditional Mexican hot ponche which I spiked with 12-year-old Demerara rum. Warmed us right up. Now we're thawing some well-marbled flatirons. Yum.

We're waiting to see which thaws first, Omicron travel or our lake in Muskoka. We love life downtown but we also need country living.

Life is good.
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
I agree that the Tether fud is, in general, fairly silly.

But I do want to say.. I am also not entirely comfortable with some of the trends I see happening with Tether.

There are lot's of two faced "Bitcoin Maxis" not only cozying up with Tether, but are actually using it via Ethereum at the same time of lambasting Vitalic and all the people on twatter with x.eth after their name.

I see a lot of nuance here.  For example, I think I like the idea of using Blockstream's tether on their sidechain more than Eth for structural/scaling reasons.  But I am still somewhat bothered by the tension between using Tether in place of Bitcoin...  by so many people who have preached the "BITCOIN ONLY" gospel from the beginning.

....

But something just seems wrong about these idealists embracing Tether.  

It bugs me.  But I have not worked through all of it yet, I guess...

I can't say I know that much about Tether, as I haven't had any interest in it to look into it too deeply.

Having a stablecoin pin its value on a fiat is already a laughably bad idea. But to back a so-called "stablecoin" without being able to prove that it's actually pegged to the fiat dollar, much less able to prove its pegged to anything at all really, nor to be able to verify who holds it or how much, if the collateral backing it (fiat) is there and accessible 1:1, seems actually far worse than backing digital fiat to me.

And beyond just making day trading easier, what purpose does it serve?

https://youtu.be/-whuXHSL1Pg?t=136
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3388
Merit: 3514
born once atheist
..... place an image of a gorgeous naked woman under the 100k party sign...  Cool

P.S. Brain optional  Grin

Hmmm....well I might stay tuned in for the next couple of pages....

(better go get a six pack also)
legendary
Activity: 2492
Merit: 1230
Privacy Servers. Since 2009.

Good one, but would be more appropriate to place an image of a gorgeous naked woman under the 100k party sign...  Cool

P.S. Brain optional  Grin
legendary
Activity: 2744
Merit: 13647
BTC + Crossfit, living life.
Btw nothing to see

It’s just a correction in a correction…

#ThisTimeIsDiffrent
sr. member
Activity: 1190
Merit: 305
Pro financial, medical liberty
[...]
Then he publicly lied (well, or you interpret the facts by publishing unverified information). I mean, coinbase has been focused on working with alternative coins since its inception, not to mention the fact that at the initial stage of development Coinbase was called Bitbank.

Just because you say that doesn't make it true. That's a lie. They were not, and they launched with only bitcoin on their broker platform. Some of us that were around then know that, because we were there.

Stop spreading misinformation.
btc-e started trading junk on 16/08/11    Start trading in pairs IXC / BTC, IXC / USD, I0C/BTC two years before coinbase was operational, with Bitcoin only

Feb 3, 2011 https://web.archive.org/web/20110203031942/https://www.mtgox.com/ First exchange Bitcoin
May 17, 2011 https://web.archive.org/web/20110517052225/http://coinbase.com/  No trade only Bitcoin name
Jul 20, 2011 https://web.archive.org/web/20110720154216/https://bitmarket.eu/
Jul 26, 2011 https://web.archive.org/web/20110726120745/http://btc-e.com/
Jan 14, 2012 https://web.archive.org/web/20120114174253/https://www.vircurex.com/ (lots of shitcoins from the get go)
Jan 20, 2012 https://web.archive.org/web/20120120102836/https://www.bitstamp.net/
Aug 5, 2013 https://web.archive.org/web/20130805091440/https://coinbase.com/ Seems first trades

Namecoin Launched: Apr 19, 2011
iXcoin   Launched: May 7, 2011
Devcoin Launched: Jul 22, 2011
I0coin Launched: August 15, 2011
legendary
Activity: 3794
Merit: 5474
I agree that the Tether fud is, in general, fairly silly.

But I do want to say.. I am also not entirely comfortable with some of the trends I see happening with Tether.

There are lot's of two faced "Bitcoin Maxis" not only cozying up with Tether, but are actually using it via Ethereum at the same time of lambasting Vitalic and all the people on twatter with x.eth after their name.

I see a lot of nuance here.  For example, I think I like the idea of using Blockstream's tether on their sidechain more than Eth for structural/scaling reasons.  But I am still somewhat bothered by the tension between using Tether in place of Bitcoin...  by so many people who have preached the "BITCOIN ONLY" gospel from the beginning.

....

But something just seems wrong about these idealists embracing Tether.  

It bugs me.  But I have not worked through all of it yet, I guess...

I can't say I know that much about Tether, as I haven't had any interest in it to look into it too deeply.

Having a stablecoin pin its value on a fiat is already a laughably bad idea. But to back a so-called "stablecoin" without being able to prove that it's actually pegged to the fiat dollar, much less able to prove its pegged to anything at all really, nor to be able to verify who holds it or how much, if the collateral backing it (fiat) is there and accessible 1:1, seems actually far worse than backing digital fiat to me.

And beyond just making day trading easier, what purpose does it serve?
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