Iconomi's AMA is closed (tomorrow they will be responding). They deleted 3 of my posts and thats something i cant never-ever forgive them.
I asked about the posts being deleted but didn't get enough upvotes for it to make it to the 20 questions that are going to be answered.
Please help me boost it and i will send 3€ worth of Dash to one of you - if possible post dash adress as QR because i have it on my phone. Thank you /biz/
oh heres the question
https://www.reddit.com/r/ICONOMI/comments/6zt5pg/iconomi_september_2017_reddit_ama/dmynk67/
>>3474638
Which post do I upboat? readdit keeps pushing me to the tp of the page (no wonder I never visit them)
>>3474638
ICN is a scam
no amount of Q&A can change that
>everyone getting wrecked because China banned trading
Wow, if only there was a way to keep this sort of shit from happening
I don't think you quite understand
>>3474636
Hi there Shlomo
>>3474617
THIS ISN'T FUNNY ANYMORE. MAKE IT STOP. I WANT OFF. LET ME OUT. LET ME OFF CHANGBURG'S WILD RIDE.
DO SOMETHING /BIZ/
I'm scared
POST SOME PHILLY WILLY OCCULT MEMES
Is it appropriate to quit your job even if it's your first two weeks if it's making you miserable?
I just dont want to do this anymore.
>>3474682
Won't it make me look like a quitter to my future employers
>>3474591
I quit job on the first day because of bad impression
Later I found out company had problems with paying its employees on time and completely shut down like half year later
>>3474732
Damn but how do u do it senpai
I just dont know how to even bring it up so it's not awkward af
g-guys...
>>3474589
a day late to the party wolfie
>>3474589
JUST
>>3474589
ITS OGRE
bitcoing falling hardest it has seen in years, alt coins unaffected?
>>3474559
>Another run of the mill 30 percent correction
THIS HAS NEVER HAPPENED BEFORE AAAAAAAAAAAAAAAAAH
Also all altcoins are valued in terms of BTC, so they're affected.
>>3474559
It's a great sign. It means BTC has a strong effect on the market but it exists without it.
>>3474572
But if BTC is worth less, they should rise.
Best sign is market is fucked
is investing in Kyber ICO worth it now? I mean, we are going down until 30, better wait for exchanges?
Please Anon with that shitty steem post, FUCK YOU
Noone is buying after that steem post lmao
hold your shitbags to the grave
>>3474566
the new paradigm of steem posts
>>3474555
Don't listen to FUDers, they are jealous because they couldn't get in the whitelist. Kyber will be the next big thing, and whatever you put in it, it will at least double.
What is the difference between crypto and pump and dump penny stocks being pushed on the neets 20-30 years ago?
>>3474519
the difference is that some people actually got rich with penny stocks....
https://en.wikipedia.org/wiki/Michael_Milken
>>3474519
The Jews don't have control of crypto yet.
Why shit in a toilet when you can shit on a street?
>>3474476
We're so fucked. U fags better sell now
>>3474476
>the grabbening
>>3474487
you got that the wrong way round sweetie
I got a job because of you crazy fuckers!!!
A few months ago I somehow stumbled upon crypto and /biz/.
Ever since the first thing I do when I wake up is read the opinions of random people around the world on here, some I agree with, some I don't - all of it is healthy discussion moving towards the same revolution.
I became so consumed by it I couldn't do my day job anymore so I decided to quit. I hunted after every blockchain company I could find near me.
When I found the one I wanted, the interview process was extremely tough. The people asking me questions were far more intelligent than I will ever be, but when they asked for my opinion on what direction the world was moving I responded with the shit I have learned right here. I challenged them with the opinions and discussion I have read here on a daily basis.
After a while, you figure out whats real through the quiet anons. Thank you for passing on the incredible knowledge accessible here.
Fake it until you become it
Grats, man.
Good to see this place actually helped someone out for once. Wish I could say the same for me.
Make no mistake. We are the hivemind of the future. We are the way the wind is blowing. We are the new elite.
>>3474664
What the fudge
The panic selling has reached a point where it is becoming comical. A good sign to start buying the dip.
am I gonna make it bros
Sure buy thit dip and watch yourself holding bags major Chinese exchange btcc stopping trading 31st we are going down for a little
>>3474450
I don't know. I don't feel much panic dude.
Nobody actually believes Bitcoin is dead.
Even JP Morgan jew said Bitcoin could go to $100.000 before crashing.
Overall sentiment I observe is that this is a normal correction.
I have been following and trading cryptocurrencies since 2013 and recently I have discovered something that worries me.
Some time ago, certain bitcoin exchanges (particularly Bitfenix and Poloniex) have started quoting their Cryptocurrencies in a unit known as "USDT" or Tether. This is not real fiat currency but a cryptocurrency supposedly backed 1:1 with US Dollars by a private corporation. Apparently Bitfenix has an ownership interest in this "tether" and back in late december the market cap of this USDT cryptocurrency has ballooned by about $50M.
This market cap expansion curiously started happening around the same time that the price rallies in Bitcoin, Litecoin, Ethereum and Dash kicked off. The way tether "works" is when a user wants to withdraw fiat to their conventional bank account they send their tether to the company and the company deposits real dollars into their bank account no questions asked. The legitimacy of their operations has been questioned in the past and over the past few days the market has started to discount the true value of USDT tether significantly; it is currently quoting around $0.925.
The problem here is that this is creating a very large price spread between exchanges that quote ACTUAL dollars and those that quote tether. This distinction is not being made clear, which I think is having an unhealthy influence on price rallies in cryptocurrencies. Furthermore, I have doubts that this tether is backed by dollars at all and in all likelihood is a fractional reserve.
>>3474399
The market caps of crypto currencies are misleading because a large number of coins are "parked" off exchanges and are not part of the real trading float. These markets are so small that $50M in counterfeit dollars can have a HUGE impact on the price.
I can also confirm from several traders that there has been significant interest in arbitrage trading between the exchanges only to discover that the tether currency cannot be withdrawn to the lower priced exchanges to support prices elsewhere. To me this smells a lot like the Mt. Gox situation back in 2013 when fake money was used to pump up the price of bitcoin using the "willy" trading bots. The arbitrage is attracting new deposits to these sketchy exchanges and the issuers of tether can literally buy cryptocurrency from unsuspecting sellers with funny money.
I personally think its going to result in bitcoin and other currencies "shooting to the moon" on the back of a devaluing tether and many ignorant traders on other exchanges are going to get caught with their pants down once this thing blows up.
It's true man. USDT has some drawback from the beginning. Being embedded to Bitcoin block chain, it obviously inherits splitting problem of block chain. And what will happens if we all exchange USDT to real fiat at once, will this "bank" fill for broke ?
>>3474399
>it is currently quoting around $0.925.
not true
the entire "tether conspiracy" is made up by one guy who probably got margin called by bitfinex for a fat sum and is pissed off. there is no backing to his claim.
tether is directly partnered with a big fund / bank or some shit in new york, recently. imo there is a 95% chance that all tether is backed.
institutional investors want to put money on bitfinex (to margin long/short), and the only way to do it is via tether.
Hi guys,
I work at Goldman Sachs, J P Morgan, Merrill Lynch and Lehman Brothers.
I'm also in FED.
They are all predicting $40.000 BTC in mid-2018.
You can buy in safely right now and also stop worrying about buying it at $4900.
Bear market will prevail for exactly 45 days.
If you liked my information please tip here:
0xd6Cd31F283d24cfb442cBA1Bcf42290c07C15792
Thank y'all
>>3474362
tell me something i didnt already know you faggot insider
sent ;)
>>3474362
wtf I love jews now???
Just bought.
I know people can't "time the dip" but I have a good feeling it's uphill from here.
Balsy good luck I'm shorting 100x
>>3474361
No you're not.
>>3474361
shorting 100x is a meme, right?
Hope you guys listened yesterday to me and made 50% as well.
>>3465133
Here is the old thread btw
>>3474340
create a slack and gib link to join pls
>>3474408
B-But I don't have a slack
Made a discord here https://discord.gg/E5Mfdg
but nobody joined yet
Also every coin so far is pure gambling, there is no 100% guarantee that it will moon