How do people make wires for millions like it's peanuts?
- Thread starter PinkCat
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That depends on the parties invloved and if they freak out by some eventual price drop and bear market trauma, like you obviously are.
For the fiat minded, you can also use usdt which is usd and do not have to deal with short term price fluctuations.
For the fiat minded, you can also use usdt which is usd and do not have to deal with short term price fluctuations.
I know that crypto is a religion, and it is pretty useless to argue with religious people about btheir religion, do you say that when moving millions this price risk (and some counterparty risk also) should not be also considered? Irrespective of your or my ideology an asset which is very volatile is probably not the best for safe transactions︀ IMO
I am sorry but I did not︄ and do not freak out and suffered no trauma, just trying to approach something from︅ the risk perspective instead of psychology.
On the note of USDT,︌ did you consider that the crooks operating USDT might have suffered the same price decrease︍ in their US government bond purchases as nearly all US financial institutions? I heard about︎ US$600b loss (albeit paper loss) bank suffered?
On the note of USDT, did you consider that the crooks operating USDT might have suffered the same price︀ decrease in their US government bond purchases as nearly all US financial institutions? I heard︁ about US$600b loss (albeit paper loss) bank suffered?
I am sorry but I did not︄ and do not freak out and suffered no trauma, just trying to approach something from︅ the risk perspective instead of psychology.
On the note of USDT,︌ did you consider that the crooks operating USDT might have suffered the same price decrease︍ in their US government bond purchases as nearly all US financial institutions? I heard about︎ US$600b loss (albeit paper loss) bank suffered?
On the note of USDT, did you consider that the crooks operating USDT might have suffered the same price︀ decrease in their US government bond purchases as nearly all US financial institutions? I heard︁ about US$600b loss (albeit paper loss) bank suffered?
it is not a religion, it is another type of currency. Btc just happens to be much better than any other fiat currency. If you prefer to use USD, Yugoslavian Dinars or sea shells, it's completely up to you and your trading partners. Just be aware that the value of all fiat currency tends to zero. In fact, the present value of any fiat currency issued a hundred years ago is lower than the value of a conch.
Summing up: btc>conch>fiat
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Again, this︅ is called vola which is not implying risk nor vice versa. You can also hedge︆ your price etc. etc.
There is also absolutely no need to come forward with the︇ "religion" stuff written right out of your moms basement. 😉 You can bring up arguments like︈ an educated adult and leave these hits be. This applies also to accusations.
Maybe they︉ hold only durations 3m. Do you have a source of their investment portfolio?
There is also absolutely no need to come forward with the︇ "religion" stuff written right out of your moms basement. 😉 You can bring up arguments like︈ an educated adult and leave these hits be. This applies also to accusations.
Maybe they︉ hold only durations 3m. Do you have a source of their investment portfolio?
Dear JackAlabama, as I had and have around USD10,000 in crypto, your︁ presumption that I freaked out and had trauma is clearly wrong. I can consider your︂ second remark about "writing out of my moms basement" either a joke or a personal︃ insult, like maybe your first remark. I was taught by a very intelligent person that︄ when people, instead of answering real questions normally (like price risk, settlement risk (with FTX,︅ Binance and others), counterparty risk (such as USDT) resort to personal insults then it is︆ pretty useless to continue any conversation. Prove me wrong please in my interpretation of your︇ words as personal insults. Thanks!
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