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Put it this way, is there an inconsistency in the market price of BTCUSD to BTCTetherUSD?

Bitcoin price vs google trends interest for 'bitcoin' There more real/useful blockchain is, the more people will get carried away and create unsustainable price trends

Correct me if im wrong, I can do this that you just described or I can keep the money in Tether USD. Either way I'm taking the chance there will be fraud, either at the exchange or at the Tether USD company level so it seems that the risk is unavoidable

My hope is that this is 1997 or 98 and these bitcoin stuff are like tech stocks. They will be great trading vehicles if that is so

So there is this Tether USD thing that can help as a numerarie https://tether.to/ Its supposed to be backed 1-1 to the USD, there is still a fair amount of risk involved. The company can always fuck you or they can get shutdown but its still better than guaranteeing a loss by buying after a...

A big risk with this thing is that their bank account gets frozen when tax hungry governments get angry

Long-term these cryptos are probably solid, but for right now, they are due to a nasty correction. A good breakdown is probably a short, can you short them against fiat currency like USDs, EURs, JPYs? Shorting against another crypto currency to me is useless

"Tether Platform currencies are 100% backed by actual fiat currency assets in our reserve account". That's interesting but there is still a lot of risk there, they could be a ponzi, not be backing the coin with USDs, run away with the cash, be shutdown by governments due not having a banking...

I know one buy the coins and store it themselves but that leads to the numeraire problem, trading tech stocks while holding tech stocks as margin. Which is nuts. So the responsible way to deal with this in my mind is to wait for this market to be cleansed in the next months when the momo...

Normally one can trade these plays by playing the momentum with close by stops. But the problem is that these sites can't be trusted, they might just go bust, dissapear, be ponzis, delay things, etc. This might create even more panic amongst these momo chasers If I understand correctly, a lot of...

This is kinda like high carry currencies will grind up daily/weekly/monthly gains for a long-time and then have a large drop against stable currencies (USDs, CHFs) in a short period as people head for exits. Even if long-term they are totally solid, its still a bad time to buy them

These crypto folks can say all they want about fiat money yet, deep down they know that USDs, EURs, JPYs, CNYs, etc are stable stores of value whereas Bitcoin and other coins right now are not. They are using it as a store of value because its appreciating and that creates an 'irresistible'...

This crypto market is so hot, it will be interesting to see which sites are the good wallet sites/brokers and which are the bad ones. There will be a nasty correction, the sites that delay withdraws, conversions, etc are the scams the ones that don't will be the ones to stick with long-term. I'm...

Which exchange lets you do that, I'm not seeing that option on Poloniex

It just sounds retarded to be long these cryptos at all times, I'm looking to opportunistically trade them rather than become a true believer. Not much different than what one can do in a currency broker Is there a site like that?

The Brazil Temer tape came out and it was a lot less damning than it was expected. It look like it was mostly a move by prosecutors to delay pension reform, since they will be hit pretty hard by it. Now the political situation is in limbo and its unclear what happens, Temer lost a lot of...

The name that was being thrown around for an indirect election (by Congress vote) was Fernando Henrique Cardoso. He was the guy who stopped hyperinflation with the Plano Real and was president from 1994 to 2002. He almost got pension reform done in the 90s, he had the guts to try way before it...

Couldn't resist, I added a little in the low $33s.

No, in case Temer resigns there wont be a popular election, it will be a Congress election. they will choose the next leader. This congress voted to impeach the last Workers Party president, it would make little sense to elect Lula. If he doesn't resign but gets removed by the electoral justice...