You feel sorry but then call them idiots. What kind of shit is that? By the way, I have never bought BCash (BCH) and never will.

Is there anything that could hurt the remaining btc holders? People have lost a big part of their fear, so negative news won't affect people that much anymore. Everything fell into a long wintersleep. And then, suddenly, bam! You wake up, seeing btc hitting 10.000, rising with 200 every minute. > ETF approved

Nope. Not going to happen. People are dumb. In 1980's the savings and loan crash had people in lines to get their money out, and some lost their life savings. Guess what? Monday morning the USA went right back to depositing their money into banks. People are dumb. Every republican President campaigns on 'like it used to be' to get elected, then once in power, the inbreds in the Red states darn tootin get mad because they were lied to once again, and yet every president that runs Red keeps on doing and saying the same thing. Point is, people are really dumb.

This stability is great. People from 2 years ago who wouldn’t let me show them Bitcoin, are willing to use its ease as a currency. Plus Segwit is being implemented.

Bitcoin is evolving. Soon Segwit will be 100% (it’s inevitable) and technologies like Lightning will build off Segwit. Everyone will be able to run a node! It was smart to keep bitcoin at 1mb. Developers stepped up and continue to.

Bitcoin will be the most decentralized crypto coin. Btrash will fade away with the rest. Everyone can’t run a full btrash node cause cause it’s too large. I just use a laptop for my node. Everyone will be able to verify the rules on their own.

To execute core functions of the blockchain and to establish relationships among DAPPs, a core protocol is provided. It executes distributed processing, identity authentication, ledger synchronization, smart contracts and more.

In theory you can convert it back into USD at any time. As long as people believe that then it will stay close to US$1 through arbitrage. The price you see now is the market applying a risk factor on whether Tether is 100% backed or that you can actually redeem it for USD.

The reality is that like most things, Tether is trading on confidence and if confidence is lost then the value of Tether will collapse. If Tether.io actually had the US$2.x billion dollars needed then someone could make a lot of money as the price drops but the reality is that they probably have 10% of that (like most banks/ponzi schemes) and even if they did have it, there's no way either them or the bank(s) they're using/conning are going to give it up.

The more interesting thing is to see what the collapse of Tether does to the price of BTC. If there is a somewhat orderly exit from Tether (this is what is happening right now) and the position is unwound then when it does collapse the impact may not be significant. But if Tether lets go in a hurry, and it probably will, then expect to see some carnage. BTC is yet to prove it's worth as anything more than a gambling platform and if people don't think they can win at any odds then they probably won't want to play the game.

exchanges don't determine the price, USDT is traded just like any other coin so its actually the traders who determine it's price.

The difference with USDT is its backed by the 'promise' that it can always be redeemed for $1. depending on the confidence level in the promise, the closer the actual price will be to $1.

I suppose in that sense its not really a 'peg'. As you would expect a peg to mean somebody is always actively buying at the pegged value and preventing it going below.

We're still here. The market and news are just doing the work for us now.

Dollar amount, and why though?