News: SEC getting annoyed, KodakCoin ICO doesn’t launch, Samsung mining chips, crypto and your security clearance, an incompetent Ponzi
Ethereum was invented to serve as an immutable public ledger of simple yet costly programming errors.
Tag: tether
News: Bitfinex/Tether subpoena, AriseBank vs SEC, Facebook bans crypto ads
And the cheapest way to get a good video card now? Buy a high-end pre-built PC and rip it out.
How to read a crypto market depth chart, and why people went ‘HOLY CRAP’ at the overnight Tether chart
Tether, the “pegged” US dollar substitute token, crashed to $0.93 on Kraken last night. Here’s why this is important, and what a market depth chart shows.
News: Coincheck hack, YouTube ads with crypto miners, Cobinhood exchange goes Tether-only
Plus some interesting and useful opinion pieces.
News: Friedman LLP parts with Bitfinex, Weiss Crypto Ratings, Netherlands, SEC, ICOs, Venezuela, Arsenal
I’m 5000 words into a 1500-word article on Tether, and 1000 words into a 300-word intro to IOTA. Meanwhile, elsewhere …
News: SEC, Tether, Lightning Network economics, altcoin pumping, even Ripple users don’t use XRP
Some more news bits while I endeavour to untangle Tether.
News: 450m Tethers this week, BitConnect shuts down, GPU miner viruses, US Treasury, unbanking the banked, altcoin fraud
And James Altucher claims to know who Satoshi Nakamoto is, and that he reads Satoshi’s blog daily. Huge if true.
‘Tis just a seasonal dip! Watching the Bitcoin fire from a safe distance — what just happened
The price of Bitcoin started collapsing this morning. I’m not going to be so foolish as to call it, but I am saying “I told you so” — the only actual money people will get out is actual money that other people put in.
News: Bitfinex warrant canary disappears, Hyperledger loses members, Kik vs CryptoKitties
“Bitcoin is finance, distilled … There are no fundamentals, no cash flows or price-earnings ratios, to evaluate. It is pure speculation about speculation, a Keynesian beauty contest where all the pictures are blank.”
News: 1bn Tethers, NiceHash return, India, buying Bitcoin, FCA, Lightning Network, book news
One billion Tethers! Each and every one backed by a redeemable US dollar, of course, as they state. 800 million of those being loaned out on Bitfinex for margin trading.