Just when I thought it couldn't get any better...

http://i.imgur.com/UGwqn1e.png

Whale tries to hold down price, bigger whale eats him. Awesome!

Caught some dumps in the 70k-80k range and an hour later it shoots up over 100k. This is more fun than any video game I've ever played!

Even if Umbrella doesn't work out as planned, I guarantee something VERY similar will grab a large market cap trying to do the same thing. There is no doubt in my mind that there is a genuine need here, waiting to be filled. Maybe the final product doesn't look exactly like Umbrella is trying to do it, but I'd say they are off to a good start. I welcome the attempt at innovation and will support it.

Took the words right out of my mouth. It's nice to see intelligent discussion going on in here.

The government is saying that crypto needs to have more protections in place. Something insurance related is at the top of that list. It's how every industry in the world deals with risk, including existing banking infrastructure. ULTC is more likely to be embraced than anything. It's an attempt at replicating an existing, proven business model.

Me too.

I'll do it myself if no one else wants to.

Net hashrate always lags behind, especially for a launch.

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