Is the price locked in coinbase when i buy friedman bitfinex audit

Great coins with huge potential. Certainly less exact, but they've done pretty good so far. You don't find it's odd that the day they changed how tether operates the prices started skyrocketing? It's a ponzi XD. You have not spoken about it lately. In the short-term we are able to achieve some artificial stability as long as market participants play. I'm pretty sure Bitfinex is is the price locked in coinbase when i buy friedman bitfinex audit no matter. But at some point, it becomes too expensive to subsidize the difference what Basecoin think the price should be vs. Thank you friend you have given us new hopes and new concepts and solutions effectively in this context amazing and successful always make. They withdraw usdt from bitfinex and claim their shorts with it. Your post was mentioned in the hit parade in the following categories: Every serious trader I know that still operates there some close friends are aware of that fact and okay of the risk. Fiat is enslavement tool, it has no value. Do you lie and exaggerate much? They have fired half the investigators and tolled back tregulations Hit the nail on the head - it should be an easy process to confirm So they would have to ask any auditing firm to 1 not reveal the structure 2 somehow rubber-stamp the fact that it all relies on common de facto control of funds by bitfinex rather than de jure. This denial of objective reality irks me. But how does a sapphire miner mining monero zcash miningn get in? This is just an idea. If you recall, Bitfinex was hacked and lost 72 million dollars of their customers money. The risk is huge only when you leave your tokens. Has bitfinex or friedman issued any comment since everyone noticed they'd been scrubbed? As a result, Bitfinex has decided to assert all of its legal rights and remedies against this agitator and his associates. Even when the Twin Towers Collapsed they did not destroy Chases vaults ft. I how to store iota seed neo cant claim gas your comment and also upvoted you plzzz upvote my comment plzzzzz. Submit a new text post. This cuts them off the retail investor market who might be Cryptocurrency Mining Hosting Best Day Trading Strategy For Crypto Currency enough to trust them with money. Award for the number of upvotes received Click on any badge to view your own Board of Honor on SteemitBoard.

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Coinbase's USD is backed by the FDIC - that's not to say that if there is a run on the exchanges caused by tether inc's billions of 'dollars' going 'poof' won't cause them to go down as well Great coins with huge potential. Do you think investing in govt backed crypto currency like emCash is a good idea?? Exchanges running small fractional reserves will be exposed, further increasing calls for greater reserves requirements. The author is urged to look up the meaning of correlation versus that of causation. USDT is an example of what can happen when investors blindly place their trust in stablecoins to hold the correct amount of collateral. It is also very likely that a lot of other illegal activity is occurring on the exchange and other exchanges with large amounts of Tether in their wallets Binance seems shady as well. The risk is huge only when you leave your tokens there. Actually I also do steemit full time for a living. It's not money laundering because there's no illegal money here and they are only trying to evade banks' internal regulations which would be a civil matter at most, rather than trying to evade financial laws. They also claim that Tethers are redeemable for USD on a 1: So everyone keeps on their believe what tether is all about. He showed me multiple bank statements, as well as letters from banks and lawyers. If you have tried and failed to understand what the rest of the world is going gaga about, here is a simplified version of what are Bitcoins and Cryptocurrencies. My guess is they wanted to make it look good and figure it all out after it's a big success. They sold roughly as far as I know , around 50 million in equity. Sooner or later, the truth always comes out. This is just an idea. Those involved are keeping it alive as long as possible until the bubble pop's. The logical idea was to decentralize bank accounts that they can not filter transactions easy Well at least people such as myself spreading some warnings last week - seems to have slowed them down, they were dumping ,, a day of their tokens on the market - which if they had continued would have very likely have caused hyper inflation of their play money - which would have likely caused a run on the exchanges - causing who knows how much havoc. They accept tether deposits and they allow tether withdrawals, but accounts are in USD. Cryptocurrency Wallet For Android Crypto Mining Operation you notice they are trying to steal everything thats not nailed down But you still need a big comoany to do that, and large audit companies do not want to risk their reputation. I am speculating, but could it be that they use the dollars they actually own to buy back tether sub par? But your right perhaps I shouldn't have referred to coinbase as a 'legit' exchange editing now - perhaps it isn't? I think it will trigger panic selling coinbase going to add ripple xrp vs hp coming days. Sending them to a tax haven company run by a guy known for running ponzi schemes and was fired from wallstreet. You contradict yourself in the third sentence. Cheers to those people who intruduce it to. If you no longer want to receive notifications, reply to this comment with the word STOP. Which also means there can't be a clear contractual link between funds in some random LLC and tether. Benford's Law may be useful for showing when someone is making up accounting data. And I have not seen a single person do. Do you think investing in govt backed crypto currency like emCash is a good idea?? I wasn't trying to be malicious more than I was trying to understand what actually happens. Unless we accept that all tethers are fake and just come out of thin air, it would be incredibly difficult for any significant amount of tethers to actually be bought by a Korean due to the country's capital outflow laws. Yes, I have looked to does ledger nano support iota cardano on binance or poloniex the transactions masternode scam when omisego proof of stake where the money flows when they start printing and at those times they send about million every minutes over to Bittrex. When he feared bitcoin was poised to drop, he said he shifted funds into tether. Don't flag me please Check out my new post on marriage Please follow and upvote Thanks. It's enormously more useful than cash for .

Bitfinex’ed

Appreciated reading your thoughts. Those exchanges don't care. Tether last audit was in march. This happens mostly when btc corrects and everyone escapes into tether. Look at Bitfinex's volume during these days. They either shut down due to no banking, causing catastrophic losses to their new shareholders who just took a big chance with them, or they try to inflate a bubble, and hope it gets big enough so that they can at least pay back their shareholders and well, screw everyone. The fact that this isn't the case just means it isn't priced into the market. But no one can say its wrong. As someone who operated in gray markets for a decade, the risk of enforcements actions like confiscationtheft or fraud are real and play out coinbase btc transfer fee bitfinex done and over. You're out of touch. Like with BitUSD, everything is kosher when prices go up. I think that justifies having a peg with a more conservative backing strategy. Actually I also do steemit full time for a living. One tether is supposed to have one US dollar in the bank account. Why is there no bankrun on Tether? So setting themselves up as another AIG. What did you expect? And they seem to be doing this with some leverage, correct? But either way, I like crypto prices going up. Then Vote for its witness and get one more award! People stopped buying cryptos because the price got stable and the dip is gone, people doesn't buy, tethers are not to be created. So when a news event occurs and people need tether to buy in, tether gets issued. Audits are not as hard as Tether has made them seem and their statements on being the first in doing them in crypto are BS. There is no way you can make such a mistake at audit that you will destroy your credibility that much as an audit company. Trending Trending Votes Age Reputation. Good discussion on cryptocurrency. You use it only to exchange. The ones the size of 5 football fields. He does a good job explaining it in plain English:. Plus, you are exactly right. But my data in excel is showing a total gain sum of all the individual gains of It's a good idea, I think it's the most crazy thing that this government has done. Rather than stablecoins, perhaps that is the holy grail we should all be searching for instead. I guide them and we support each other to be fruitful here. Altcoin discussion should be directed to our Slack Group or the appropriate subreddit. To us Filipinos , steemit is more than just a platform, it is indeed a life changer! Look this and start to mining Follow me and we share Teep and touch https: BitcoinMarkets subscribe unsubscribe , readers 4, users here now Slack Live Chat I already have an account Login Rules Be excellent to each other You are expected to treat everyone with a certain level of respect Discussion should relate to bitcoin trading Altcoin discussion should be directed to our Slack Group or the appropriate subreddit No memes or low effort content Posts that are solely comprised of memes, irrelevant youtube videos or similar will be removed No accusations of rule violations Calling out other users for breaking our rules is not allowed. I think it's largely mods just trying to keep people calm and protect their own crypto net worth. The shit is about to hit the fan. They are running a fractional reserve but you trade in Tethers there. How could a company so shamelessly mislead the public and issue tokens without actually having the US dollars to back them? Please take a look at my blogs, if you are interested in Eco-Friendly mining. And it works for years eternity in cryptospace And the most important thing you trade them in a decentralized DEX environment and not on the risky centralized exchanges!!! Calling out other users for breaking our rules is not allowed.