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Was giving it as an example, but I will use USDC.

I think options came out much later but did not want to get involved with it, as it was, had to sit down with tax accountant to figure out the reporting since (yea, I know), these are unregulated securities, as I'm dealing with actual coins that exist on the blockhain public ledger. If there's...

It's all good, wouldn't consider myself rich, maybe when portfolio is 7 figures or higher, hoping it's this year if we hit a bull market in bitcoin/cryptos. But if it stays here, I'm fine with it, have made so much $ more than I ever imagined I would have working a regular job. Crypto portfolio...

No, my friend, Wells Fargo is my bank, hated BofA, so changed banks many years ago. Bitcoin is a new digital asset, only 11 years old. It's not meant to be part of the traditional markets, it's an experiment, as imprinted on the genesis block of bitcoin "headline of Financial Times second...

There you go, truth came out, bitcoin is not for you cause you're dependent on the nanny state, you have to ask permission to wipe? lol Listen, it's very simple but can't help you if you don't understand, bitcoin is a peer to peer, decentralized, distributed, censorship-resistant, immutable...

What the heck is this thread about? :D Yesterday afternoon, bitcoin was around 8500, today it's at the same price, what's the big deal? Now, if you mentioned it went down 2 days ago (yea, as MrMuppet pointed out bitcoin trades 24/7/365 unlike your weak casino called the stock market, lol) it...

"Paul Tudor Jones just removed career risk from investing in #bitcoin . Expect a lot of beta fund managers to begin cooking some copy pasta." Good quote above. Better than Jamie Dimon's message of firing anyone trading bitcoin.

I read it's TA stuff, whales or big traders saw confirmation of a resistance number and started shorting in size triggering liquidation of leveraged long positions. I'm a long term cryptos investor not a trader so just repeating what I read.

I read that that one of the reasons for the dump is that some miners won't be profitable after halvening and are selling all their bitcoins and closing operations. Seems logical but the timing seems coordinated so could also be some whales triggering stops, but that's always the go to conspiracy...

I do! Check out my avatar :D When the central banks print Trillions of $, they are stealing from everyone and giving it to ones being bailed out and the markets that are being propped up, check out the stock markets and the bond markets and oh, just about any market, lol. Real Estate should be...

I find myself in an awkward position of being seen as a Tether defender. I am not and I don't fully trust Tether, myself. I would buy USDC if I was to cash out to a stablecoin. I already gave my opinion on Binance which translates to me trusting BUSD even less than Tether. I think Pekelo hit on...

You are correct, I should have said it's being portrayed as a negative. As orbit23 explained how Tethers work, printing Tethers means there's new money being deposited into exchanges and if you look at the documentation from these stablecoin issuers, that's how it works and investors have to...

100% this is what I was trying to say in my very long post. This means those 4.2B Tethers are a testament to the huge' amount of interest as new money coming in to cryptos, probably because of Trillions of $ being printed, see another post re: Paul Tudor Jones. TL;DR It's a bullish sign, but...

It is difficult to trust USDT given their history and reputation. If I ever buy any USDT, it will be a small amount. I'd probably buy USDC the most as Coinbase is a US certified and regulated exchange, followed by TUSD. Binance purposely operates outside of regulations. It's a very good...

To paraphrase Pekelo, I hate to be that guy, but here goes. Tether (USDT) is a stablecoin. It's not the only one, there are others, USD Coin (issued by Coinbase), TrueUSD (TrustToken). Each token is backed by an equivalent $ amount. These are centralized coins. Think of the issuers as "mini...

Welcome back $10K/btc :D

Too much negativity here. They're scoffing at bitcoin for not being able to go to $1M each, as if it would be a complete failure if it were to go to its previous high of $20K, heck it hit mid $3K a month and a half ago and instead of looking to buy some at discounted prices, the fools in here...

Yes, I think it will launch, but it's a centralized cryptocurrency and I personally won't use it as I don't have a FB or IG account.

It's a dog and pony show. FB has too much influence on the politicians. Libra coin is a perfect surveillance coin for the USG, a good tool to spy on the global users which is what this coin is designed for. This pretend push back is a show for other countries that USG doesn't want it but in...

Dude, I didn't avoid your question as it was leading with an answer that is false. My crypto portfolio is having a great year so don't worry about my investment beliefs. You're not invested in cryptos but you keep posting about Tethers for years and I think that's unhealthy for you to worry...