Re: What will happen in the new bullrun without the past huge power of Tether?
by
pokermaniacxxx
on 28/05/2019, 08:52:46 UTC
I do not think that tether can somehow affect bitcoin, it is not powerful enough for this. In addition, btc is the largest coin on the market and I doubt that anything at all can greatly affect it.
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BoardBitcoin Discussion
Re: What will happen in the new bullrun without the past huge power of Tether?
A number of shady activities? You mean the rumors that the media kept talking about, bribed by their competitors?
It's not a rumor that they kept changing their terms and conditions, downgrading what they claimed Tether was backed up with. It's also not a rumor anymore that there is currently a $850 million shortfall in Tether's reserves - that is a fact accepted even by Tether themselves.
If these were all rumors being paid for by their competitors, then why would Tether repeatedly refuse to allow an independent audit. They could have settle the entire thing overnight. The reason they didn't is because they never had the funds they claimed to have, which they have finally admitted.
I still don't believe it. Me and my friends have never had any problems with tether. And often all the attacks of the media in the end turned out to be rumors.
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BoardBitcoin Discussion
Re: Binance BTC Hack is due to 2FA
by
pokermaniacxxx
on 09/05/2019, 09:39:02 UTC
This is really bad news... Binance should have invested more in security
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BoardBitcoin Discussion
Re: What will happen in the new bullrun without the past huge power of Tether?
The tether controversy and allegations were unproven.
Unproven maybe, but very strongly implied, and Tether have done nothing to try to prove the claims incorrect.
There have been a number of shady activities which strongly suggest that Tether do not have the USD backing that they claim. They released a very vaguely worded letter from an unknown bank residing in a tax haven saying they have a "portfolio cash value" equal to USDT. Portfolio cash value means any asset when sold for cash. They also quietly dropped the 1 USDT = 1 USD statement from their terms and conditions, and replaced it with a similarly vague statement about being backed up by a variety of assets. They could print 100 million USDT from thin air, use it to buy bitcoin, and then claim the USDT is fully backed up.
They could quite simply submit to a full audit any time they like (or at any point over the last 18 months since these allegations started), and the whole thing would immediately be done with. The only reason they have for continuing to refuse an audit is if they have something to hide.
A number of shady activities? You mean the rumors that the media kept talking about, bribed by their competitors?
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BoardPress
Re: [2019-04-24] Binance Promises Decentralized Future Powered by Crypto With Launch
by
pokermaniacxxx
on 03/05/2019, 15:05:04 UTC
I believe in Binance, their exchange has earned an excellent reputation over the years and has become one of the largest in the world. Besides, decentralization is the future.
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Re: [05-03-2019] Coinbase CEO Suggests Using USDC Stablecoin Instead Of Tether
by
pokermaniacxxx
on 03/05/2019, 15:02:08 UTC
All traders know that Tether is much better than many other stablecoins, even now when it became known that it is backed by USD by 76% ( in this I see only advantages). USDT has become more transparent for everyone. USDC should follow suit. I don't think they're clean.
On March 15-16Market.Space took part in Tokenfest in San Francisco
Vadim Zubkov, responsible for marketing, and Yury Vasilyev, the project's adviser, presented Market.space.
After a successful pitch session, team members answered questions from investors. Vadim Zubkov discussed the essential issues with Michael Finch, one of the founders of IcoAlert. After the conference, we're flying to a new event - Coinagenda which will be held in Puerto Rico. Stay tuned.
Ok, I'll bite. My first thoughts was "Another file storage system?" There are so many of them with similar use cases and actually none of them has a working model yet. But it seems, this takes storage with a different spin.
Looking forward to learn more.
Thank you for your opinion! Just to resume, here are the flaws of our competitors that Market.space will bypass: - Traditional cloud storages (OneDrive, Amazon, Google etc) are not averse to data scanning which means they neglect users privacy. They are also pretty expensive and dont leave much choice imposing fixed packages. - Decentralized blockchain-based systems are secure compared to cloud storages, but they fail in reliability. Consumer devices cannot be accessible 24/7; they are also susceptible to corruption. This means that no one grants you instant and round-the-clock data access, and your data intactness. Thats why Market.space focuses on professional hosts. The credibility of the hosts and thus responsible storage is guaranteed by the insurance deposits hosts are to make. They are also incentivized by the metrics-based rate system.
So to simplify the explanation. Market.space is a decentralized United Nations of file hosting - where Rapidgator, BlueHost, InMotion Hosting, A Hosting, LiquidWeb, Dropbox, OneDrive, etc all become part of one giant host; where profit is determined by a rate system.
Interesting indeed. I look forward as to how you plan to assemble a minimum threshold of professional hosts that will join.
Do you really think giants like Dropbox and OneDrive will join? They're kind of competitors, right?
It's just an example. The hosting providers that will most likely join are the ones that have a year or two of operations and are willing to try out new markets in order to maximize profit. The big names won't budge because they already have a lead or larger market share.
Generally true, I believe. Large players don't care two hoots. But no one's saying that this project is cut out for them
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Re: CRYPTO IS IN AFRICA TO STAY
by
pokermaniacxxx
on 21/02/2018, 14:14:34 UTC
Guys living in Africe, I wonder whether crypto really solves the problems. I mean, if you wanna buy something tangible, like some food or clothes, but there're problems, does crypto work?
Oh, finally someone figured out that all these storages built on 'anyone-can-keep-my-files' are such a fail. I know a little bit about professional hosting, u know... so keep it up, we'll see what you can do... but I loved the Filecoin idea, such a pity they've screwed it up
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BoardTokens (Altcoins)
Re: [ANN] Peer Mountain - DECENTRALIZED TRUST FOR ALL
by
pokermaniacxxx
on 20/02/2018, 11:51:50 UTC
You guys have even a patented technology. That's a solid base. It promises to be one of the most transparent TGEs. Looking forward
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Re: [ANN] Ezira: The Distributed social media and business network.
by
pokermaniacxxx
on 19/02/2018, 10:56:03 UTC
I see yearly emission is fixed. Will you somehow control your coin devaluation if the demand won't make up for it?
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Re: [ANN][ABT] ArcBlock - BORN FOR BLOCKCHAIN 3.0
by
pokermaniacxxx
on 16/02/2018, 10:11:34 UTC
You've got bright future, I think. Amazing team, meaningful and justified project