Reserve Bank of India has released a list of 34 forex brokers; which has been declared illegal
List of unauthorized forex trading apps and websites - RBI
Friends, recently the Reserve Bank of India has released a list of 34 forex brokers; which has been declared illegal. https://preview.redd.it/dc1l0ca388o91.jpg?width=637&format=pjpg&auto=webp&s=1a865302fede2fd22985b27c767481ecb4219204 Before releasing this list, RBI had done all checks regarding all transactions of all those forex brokers since February this year. Maybe this doesn't matter to you; Nevertheless, you should definitely check this list once. So see if your forex broker is not on this list! 👉 Here's a full list of unauthorized forex trading apps and websites
Alpari
AnyFX
Ava Trade
Binomo
e Toro
Exness
Expert Option
FBS
FinFxPro
Forex.com
Forex4money
Foxorex
FTMO
FVP Trade
FXPrimus
FXStreet
FXCm
FxNice
FXTM
HotFores
ibell Markets
IC Markets
iFOREX
IG Markets
IQ Option
NTS Forex Trading
Octa FX
Olymp Trade
TD Ameritrade
TP Global FX
Trade Sight FX
Urban Forex
Xm
XTB
Thanks for Reading. Please share your take on this.
https://imgur.com/a/azbDcI5 detailed psa for filipino bookworms, bookhoarders, and everyone in between. tried the recently-announced free amazon shipping to philippines. from order to quezon city doorstep, took less than 2 wks. the last-mile drop was done via motorcycle, booked through ninjavan (possibly by a 3rd party consolidator?). box did not pass through the hassle of local post office. the books are packed same way to when they are shipped domestically within US—loose (not tightly packed inside the box) and with simple ‘air cushions’ (see pic). the corrugated carton is also not double-walled, not any thicker than usual. as a result, the philip roth book has some creases in its jacket and bumps on the corner covers. i would have hated those bumps and creases 10yrs ago; i’m at peace with those small stuff now. :-) the other two items are okay; probably helped that they are shrinkwrapped at publisher side. calibrate-to-lower your expectations when shipping bare paperback. more important: the savings is clear. in fact, not looking at the tag price yet, this route is cheaper vs my usual way of going through friends’ address in CA or TX, where sales tax is charged outright upon checkout, plus add the balikbayan box cost. this test order is showing a heavy 14lbs weight, but shipping cost is zero. order more than 49USD, but less than 10K PhP, whatever is the forex on the day you click buy. also note that not all books and items are included in the promo; titles that are qualified are clearly marked in the product page and shopping cart, after you change your default shipping to a phil. address. but you’ll find books that you’ll want to ship for sure. if you’re into them, comic book compilations, graphic novels, and omnibuses are the immediate best buys. these are either very rare and/or very expensive here. And they are also very heavy (~10lbs+), not ideal even to handcarry when you travel to the US. glad to get the hellboy boxed set, 50USD shipped. test order successful. i will get that batman snyder, planetary by ellis, and saga by vaughan next. small joys within reach.
I dont defend this douche guy, he deserve it for being an @sshole. Tapi ada yang punya kronologi jelasnya dia sebenarnya ngapain sebagai affliator binomo? Gua cari di berita isinya di luar konteks dan isinya "diduga" dan ga jelasin kronologi urutannya sampe urusan pacarnya segala. Ada yang bilang dia sebagai affliator meraup uang loss pemainnya. Gua ga ngerti soal app binomo tapi apa itu hasil loss bisa connect ke "kantong" dia? Apa dia jadi agen perantara ketiga macam judi bola? Does binomo even legal? I mean its legal in India. Dan konsepnya nyambung ke forex kan? Gua cuman pengen tahu aja ginian, bahkan telegram grup mayoritas kalangan "investor" begitu kan disangka tempat chat teroris dulu kan dan terus disuruh uninstall. I have trust issues because massive of propraganda we are facing rn.
Gak bisa dipungkiri sepanjang tahun 2020-2021 banyak orang memulai investasinya karena influence sosial media. Beruntung bagi yang memulai investasinya lebih awal dan agak celaka bagi yang mulai investasinya di akhir-akhir tanpa tau konsekuensinya. Banyak kasus orang beli saham pake pinjol. Beli BTC, Altcoin pake utangan, uang arisan, bahkan sumbangan gereja. my advice for you yang kena FOMO: Miner musiman: Ketika crypto turun drastis di Januari-Februari 2022. Segera jual alat miningmu karena kamu harus menunggu 2024 untuk bisa panen. Karena ketika kamu beli mining rig sekarang harganya sudah naik berkali-kali lipat dari harga wajarnya. Perhitungkan kembali listrik yang harus kamu keluarkan, Gak BEP istilahnya. Contoh nyata Founder Rekeningku yang boncos bertahun-tahun karena nutupin biaya listrik dan beli mining rig kemahalan, baru panen akhir2 ini. Robot trading: Royal Q , Forex dll. Robot trading is scam, jauhi sekarang sebelum terlambat. Janji manis seller Royal Q dan robot forex profit konisten itu gak ada buktinya 100% scam. Kisah nyata banyak yg bunuh diri karena tiba-tiba assetnya hilang diaveraging oleh robot. Jangan sampai kamu jadi korbannya Trader Binomo, Binary option: Kamu yang baru memulai binary option, inilah saatnya dirimu keluar dari sistem jahat Judi 2.0 mungkin diawal kamu akan merasakan profit namun lama kelamaan akan susah dan tiba-tiba akun tersuspen tanpa sebab. Jelakanya gak ada yg bisa jamin akunmu balik karena Binomo dan lainnya jelas ilegal di Indonesia sehingga penyedia layanan tidak diketahui siapa. Trader Saham musiman via signal telegram : Saham ada bull market dan bearish market, lengkapi dirimu dengan FA dan TA tambah bandarmology juga. Investing stock is about your move, bukan orang lain. Jadi pastikan semua keputusan investasi kamu yang buat bukan orang lain. Trader Crypto: Bear market is coming, we need to understand what crypto still alive for next 4 Years(next halving) DCA still the best strategy for you. We will face the second Bull Run but dont fall for it to much, cause second bull run means next winter season. note: I hope yall getting more profit and healthy. May the Force be with you
PONZIRECTORY - List of known Ponzi Schemes / Pyramiding / MLM Scams
I've been seeing lots of people asking about investment this investment that here in phinvest and it's really easy to check if these are legit but still a lot fall victim to them. Remember:
If it's too good to be true it probably is.
Some things to check if an investment is actually a scam:
Is it registered in SEC? (this alone is not proof it's not a scam, but if it fails this part, immediate RED FLAG!)
Is it listed in SEC's Cease and Desist Orders? link
Is recruiting other people part of the modus?
Do you need to sell expensive products that can be bought cheaply through other sources?
Does it promise high returns in a short period of time?
Does it promise guaranteed returns? (remember even high risk investments like equities never guarantee any profit)
Does it involve stocks but they are not a legit stock broker?
Does it involve crypto but they are not a legit crypto exchange?
Etc. *Other things that does not seem right
Why create this thread? I just want phinvest to be free of any posts that promote these scams. So I would need everyone's help to create this living post so that people can be easily informed. Please comment if you know of any scams to add to the list.
A Forex buying and selling internet site will play an essential function if you need to begin an online enterprise trading currency in the market. That's due to binomo web the fact the Forex market internet site maybe your on a spot source of assist and information to realize extra approximately the Forex market and a way to benefit from it. There are distinct styles of Forex trading websites. You have to recognize the differences among those websites so that you could have a simpler time finding the facts you want.
My friend was asking me to join him in investing to forex via SamTrade FX Phils. Based on my initial research, it seems that this is a legit investment despite its almost 25% annualized return. It is expected as forex is a high risk and high return investment. BTW, the model that I will avail is to invest in a pooled fund (like UITF) where their traders will trade. I'd like to hear from those invested to Samtrade or in forex. Thanks!
MT5 Binary options signal Indicator with Sound Alert
MT5 Binary options signal Indicator with Sound Alert Description: This MT5 indicator creates a sound alert as soon as a major trend kicks in. Signals can be used for IQ Option, Olymp Trade, Pocket Option, and Binomo Strategy: 3 SMA with Engulfing Candle pattern Time Frame: 1 Minute Candlesticks MT5 platform Expiry: 5 Mins expiry Call option: when Blue Up direction arrow appears. Put option: When Red down direction arrow appears. Type: Binary options Forex only Currency pairs: EUUSD, GBP/USD, NZD/USD, AUD/USD, EUGBP, and USD/CHF Mode: Can be used with MT2 trading Bot or Just on the regular MT5 Chart Works with MT4: No [if required, need a weeks time to develop for MT4] Price: USD 35 Winning Percentage: 85% winning ratio during New York/ London Session Email us at '[email protected]' for payment details if you need this MT5 indicator. #binarypriceaction #MT5indicator #iqoption #binaryoptions #priceaction MT5 binary options indicator with call and put signals and sound alert #binarypriceaction
IQ Option là gì! IQ Option có thực sự kiếm được tiền
IQ Option là gì? Hình thức hoạt động ra sao?
IQ Option là một sàn giao dịch quyền chọn nhị phân (Binany Option). Quyền chọn nhị phân nghĩa là bạn chỉ có 2 lựa chọn trong quá trình giao dịch. Giao dịch quyền chọn nhị phân như IQ Option, Olymptrade luôn là vấn đề đang được tranh cãi nhiều người bởi mức độ rủi ro của nó cao. Bạn chỉ có thể UP/DOWN (Tăng/Giảm) trong một khoảng thời gian nhất định. Nếu bạn chọn đúng bạn thắng, chọn sai bạn thua mất tiền. Tuy nhiên, so với đầu tư forex, hay chứng khoán, giao dịch quyền chọn rất dễ chơi, cùng cách tiếp cận đơn giản và số nạp tiền tối thiểu thấp. Điều này đã làm cho ai cũng có thể tham gia, thử trải nghiệm giao dịch quyền chọn. Sàn IQ Option cung cấp nền tảng chơi nhị phân dựa trên biến động của các cặp tiền tệ quốc tế, chứng khoản, tiền ảo… dưới dạng chỉ số. Kiểu như bạn mua cổ phiếu hay mua bitcoin nhưng theo kiểu chỉ đánh vào chỉ số chứ bạn không thực nhận giá trị ấy. Chỉ số bạn đánh đúng xu hướng tăng hoặc giảm trong khoảng thời gian 1 phút, 5 phút, 15 phút thì bạn thắng. Sai xu hướng đường đi của chỉ số thì bạn thua.
Đánh giá sàn IQ Option với những sàn Binary Option khác
IQ Option hiện tại đang là sàn môi giới quyền chọn nhị phân (Binary Option) lớn nhất Châu Âu và có thể nói là sàn môi giới uy tín nhất Thế giới trong lĩnh vực này. Theo thống kê của Similarweb thì iqoption.com đứng ở vị trí 5 trên toàn cầu cao hơn cả Olymp Trade, Binomo,…
Có nên đầu tư chơi IQ Option hay không?
Đầu tư kiếm tiền phải có kế hoạch. Không đơn giản chỉ là đăng ký tài khoản, nộp tiền vào là phát sinh lãi ngay. Bạn cần phải trang bị kiến thức, tâm lý, làm quen với ứng dụng bằng tài khoản Demo. Tìm hiểu các chỉ số, cách đọc số liệu để có thể đưa ra những nhận định đúng về xu hướng tăng hay giảm trong giao dịch quyền chọn nhị phân được. Ngoài ra, phải có kế hoạch cho việc mình đầu tư chơi. Phải đưa ra những kịch bản xấu nhất để mình không bị mất kiểm soát nhé! Vì là đầu tư thì sẽ có thắng thua, mất trắng. Không nên nhìn vào những tài khoản facebook khoe tiền, thắng ngàn đô mà chơi theo mất trắng nha. Bây giờ, có những nhóm trade IQ Option theo tín hiệu singal hoặc theo trade iq option bằng Robot auto. Theo bạn thì tỉ lệ win mỗi giao dịch là bao nhiêu? Nên hãy tỉnh táo trước mọi thông tin nhé! Đọc đến đây nếu bạn muốn thử nghiệm thì hãy đăng ký thử một tài khoản demo mà thực hành nha! Link bên dưới. Nguồn: https://iqoptiontips.com/iq-option-la-gi-danh-gia-chi-tiet-san-iq-option-nam-2020
RaidenBO — Binary Options (Quyền chọn nhị phân) hay Trade BO là gì?
Binary Options có nghĩa là Quyền chọn nhị phân hay thường được các nhà giao dịch gọi là Trade BO, một số tên gọi khác như quyền chọn kép, quyền lựa chọn kỹ thuật số, quyền chọn lãi cố định. Đây là hình thức dự đoán giá trị của các tài sản (như vàng, chứng khoán, cổ phiếu,Tiền Điện Tử v.v.. ) sẽ biến động như thế nào trong một khoảng thời gian nhất định. Dựa vào sự tăng hoặc giảm của loại tài sản này mà nhà đầu tư sẽ chọn loại đầu tư phù hợp để kiếm lời. Quyền chọn nhị phân áp dụng cho thị trường ngoại hối, thị trường phi tập trung toàn cầu cho việc trao đổi các loại tiền tệ. Thông thường người mua quyền chọn nhị phân sẽ đưa ra dự đoán giá của loại tài sản sẽ di chuyển theo hướng nào tại thời điểm mua — tăng hay giảm. Nếu giá di chuyển đúng hướng, người chơi sẽ có lợi nhuận, nhưng nếu giá di chuyển sai hướng, người chơi sẽ phải chịu rủi ro mất chi phí của quyền chọn nhị phân. Dựa trên các tính năng đặc biệt của nó, thị trường Binary Option ngày càng trở nên phổ biến hơn. Binary Option cho phép nhà giao dịch biết trước khoản lời cũng như số vốn họ có thể bị lỗ trước khi vào lệnh, nhờ vậy họ có thể kiểm soát nhiều hợp đồng giao dịch cùng lúc một cách dễ dàng.
Tính hợp pháp của Binary Option tại Việt Nam
Việc kinh doanh quyền chọn nhị phân chưa có quy định của pháp luật ở bất kỳ quốc gia nào. Hiện nay có thể tham gia kinh doanh quyền chọn nhị phân một cách hợp pháp ở Việt Nam. Khác với thị trường ngoại hối, thị trường quyền chọn kép không thuộc quản lý của Ngân hàng Nhà nước Việt Nam.
Binary Options (Trade BO) có lừa đảo không?
Binary Options (Trade BO) thực chất thì không phải là một trò lừa đảo, nó còn là hợp pháp chứ không phải phi pháp. Trade BO thường được so sánh với Forex (thị trường ngoại hối) hay thị trường chứng khoán, tuy nhiên, đây là hai hình thức khá khác nhau. Đối với các thị trường tuyền thống như Forex hay chứng khoán, khi bạn mua thì sẽ có người bán đối ứng. Tiền được chuyển từ người này sang người khác. Các công ty chỉ có vai trò trung gian ăn hoa hồng thông qua các lệnh của bạn. Giao dịch Quyền Chọn không giống các thị trường truyền thống. Chính vì thế, có tồn tại 1 nhà cái đứng ở phía sau. Nghĩa là những sàn Giao dịch Quyền Chọn chính xác là 1 nhà cái. Và khi bạn chơi Quyền Chọn, bạn trở thành player (người chơi), còn nhà cái là 1 banker.
RaidenBO là gì ?
RaidenBO hay Wefinex2 chính là sàn giao dịch quyền chọn nhị hứa hẹn tạo nên cách mạng tài chính 1 lần nữa giúp bạn thay đổi cuộc đời khi đã lỡ mất cơ hội tham gia sàn Wefinex thời điểm mới ra mắt hồi tháng 4. Một số site BO cũng có thể đi sự thành công của Wefinex và quảng bá rằng đó là Wefinex 2 thì mình có thông tin chắc chắn từ những leader lớn của Wefinex là RaidenBO sẽ là wefinex 2. RaidenBO sẽ vẫn có những điểm mạnh và khắc phục hoàn toàn những điểm yếu của Wefinex hiện tại. Đây là cơ hội dành cho:
Những ai bỏ lỡ cơ hội làm giàu từ đầu với wefinex
Những ai mong chờ sự ra đời của #WE2 để xếp chỗ thật sớm.
Những ai đang làm tài chính thua lỗ và chưa thành công
Những ai đang muốn thay đổi cuộc sống và trở nên siêu giàu.
RaidenBO là gì ? Các kênh kiếm tiền với RaidenBO .
Giao dịch — Cách giao dịch RaidenBO — RaidenBO giao dịch ra sao? Mô hình nhị phân tương tự như Binomo, IQ, Olymtrade nhưng lợi nhuận là 95% và không có M5 M15, M30 hay H1. Tiền sử dụng là đồng USDT thông dụng hơn so với đồng Win của wefinex . Nạp rút quy đổi ra các đồng tiền điện tử khác như Bitcoin(BTC), ethereum(ETH) , Tether ( USDT ) sau đó có thể quy về VNĐ trên các sàn giao dịch Remitano,Aliniex v.v… Lượng trader giao dịch lớn và lệnh đóng mở được lưu lại nên bạn yên tâm giao dịch. Nến sàn chạy kết hợp của 3 sàn: Binance, Okex, CoinBase. Chỉ có duy nhất BTC/USDT không có biều đồ cặp tiền hay hàng hoá khác Giao dịch trên RaidenBO cũng đơn giản, chọn TĂNG ↑ hoặc GIẢM ↓ trong vòng 30s. Sau đó, chờ kết quả thị trường cũng tương tự 30s. Bước 1: Đặt số tiền cược USD (Mỗi lần đặt lệnh hoặc load lại sẽ mặc định là 10$ các bạn chú ý sửa trước khi vào lệnh Bước 2: Hãy đặt lệnh 30s, chọn TĂNG hoặc GIẢM Bước 3: Chờ kết quả 30s
Thua số tiền cược
Thắng: 95% số tiền cược. VD: Cược 100$ thì sẽ được 95$
Lời Kết
Việc 1 sàn đã tạo được thành công lớn như Wefinex ra mắt thêm sàn giao dịch mới như RaidenBO chắc chắn sẽ tạo nên cơn sốt trên thị trường đặc biệt là thời điểm cuối năm 2020 như hiện nay . Hứa hẹn nhiều triệu phú đô la thế hệ 2.0 sẽ ra đời tương tự Wefinex , Eagle Capital tự hào là đội nhóm đi đầu thông tin về dự án RaidenBO . Để biết thêm thông tin một cách sớm nhất anh em có thể tham gia các kênh thông tin của RaidenBO Group tại đây :
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Since the book recommendation topic is still coming up frequently, I thought I'd share mine. Maybe this qualifies as a sticky or literature section on the sideboard. Covered are the subjects: Algorithmic Trading, Programming and Quantitative Finance which indeed should be the major topics of interest for this sub.
Algorithmic & High Frequency Trading
a) English Abergel, Frederic et al. - Econophysics of Order-driven Markets [2011] Abergel, Frederic et al. - Limit Order Books [2016] Äit-Sahalia, Yacine; Jacod, Jean - High-Frequency Financial Econometrics [2014] Akansu, Ali; Torun, Mustafa - A Primer for Financial Engineering [2015] Aldridge, Irene - High-Frequency Trading [2nd Ed., 2013] Aldridge, Irene; Krawciw, Steven - Real-Time Risk [2017] Bandy, Howard - Quantitative Trading Systems [2007] Banks, Erik - Dark Pools [2nd Ed., 2014] Bouchaud, Jean-Philippe Bouchaud et al. - Trades, Quotes and Prices [2018] Cartea, Alvaro - Algorithmic and High-Frequency Trading [2015] Carver, Robert - Systematic Trading [2015] Ceppi, Sofia et al. - Agent-Mediated Electronic Commerce [2017] Chan, Ernest - Algorithmic Trading [2013] Chan, Ernest - Machine Trading [2017] Chan, Ernest - Quantitative Trading [2009] Chen, Jun; Tsang, Edward - Detecting Regime Change in Computational Finance [2021] Coles, Andrew; Hawkins, David - MIDAS Technical Analysis [2011] Collins, Art - Beating the Financial Futures Market [2006] Conlan, Chris - Automated Trading with R [2016] Dacorogna - An Introduction to High-Frequency Finance [2001] Davey, Kevin - Building Winning Algorithmic Trading Systems [2014] Doloc, Cris - Applications of Computational Intelligence in Data-driven Trading [2020] Durbin, Michael - All About High-Frequency Trading [2010] Durenard, Eugene - Professional Automated Trading [2013] Easley, David et al. - High-Frequency Trading [2013] Fitschen, Keith - Building Reliable Trading Systems [2013] Florescu, Ionut et al. - Handbook of High-Frequency Trading and Modelling in Finance [2016] Gregoriou, Greg - Handbook of High Frequency Trading [2015] Guo, Xin et al. - Quantitative Trading [2017] Györfi, Laszlo et al. - Machine Learning for Financial Engineering [2012] Halls-Moore, Michael - Advanced Algorithmic Trading Harris, Larry - Trading and Exchanges [2003] Hasbrouck, Joel - Empirical Market Microstructure [2007] Jansen, Stefan - Hands-On Machine Learning for Algorithmic Trading [2018] Johnson, Barry - Algorithmic Trading and DMA [2010] Kim, Kendall - Electronic and Algorithmic Trading Technology [2007] Kissell, Robert - The Science of Algorithmic Trading and Portfolio Management [2014] Kömm, Holger - Forecasting High-Frequency Volatility Shocks [2016] Kumiega, Andrew; van Vliet, Benjamin - Quality Money Management [2008] Lehalle, Charles-Albert; Laruelle, Sophie - Market Microstructure in Practice [2nd Ed., 2018] Leshik, Edward; Cralle, Jane - An Introduction to Algorithmic Trading [2011] Lopez de Prado, Marcos - Advances in Financial Machine Learning [2018] Lyons, Richard - The Microstructure Approach to Exchange Rates [2001] Narang, Rishi - Inside the Black Box [2nd Ed, 2013] O'Hara, Maureen - Market Microstructure Theory [1996] Pruitt, George - The Ultimate Algorithmic Trading System Toolbox [2016] Pruitt, George; Hill, John - Building Winning Trading Systems with TradeStation [2nd Ed., 2012] Schmidt, Anatoly - Financial Markets and Trading Stoll, Hans - Microstructure of World Trading Markets [1993] Tomasini, Emilio; Jaekle, Urban - Trading Systems [2009] Trongone, Anthony - Trade with the Odds [2012] Tulchinsky, Igor - Finding Alphas [2015] Vaananen, Jay - Dark Pools and High Frequency Trading For Dummies [2015] Van Vliet, Benjamin - Building Automated Trading Systems [2007] Varshney, Shekhar - Building Trading Bots Using Java [2016] Wang, Zhaodong; Wang; Zheng, Weian - High-Frequency Trading and Probability Theory [2015] Ye, Gewei - High Frequency Trading Models [2011] Young, Andrew - Expert Advisor Programming [2010] Zovko, Ilija - Topics in Market Microstructure [2008] Zubulake, Paul; Lee, Sang - The High Frequency Game Changer [2011] b) German Gomber, Peter - Elektronische Handelssysteme [2000] Gresser, Uwe - Hochfrequenzhandel [2018] Gresser, Uwe - Praxishandbuch Hochfrequenzhandel Band 1 [2016] Gresser, Uwe - Praxishandbuch Hochfrequenzhandel Band 2 [2018] Kunzelmann, Matthias - Zwischen Limit und Market Orders [2006]
Programming for Finance
a) C, C+, C++, C# Capinski, Maciej; Zastawniak, Tomasz - Numerical Methods in Finance with C++ [2012] Duffy, Daniel - Financial Instrument Pricing using C++ [2nd Ed., 2018] Duffy, Daniel; Germani, Andrea - C# for Financial Markets [2013] Forouzan, Behrouz; Gilberg, Richard - C++ Programming [2019] Levy, George - Computational Finance Using C and C# [2nd Ed., 2016] Masters, Timothy - Testing and Tuning Market Trading Systems [2018] Oliveira, Carlos - Options and Derivatives Programming in C++ [2016] Pena, Alonso - Advanced Quantitative Finance with C++ [2014] Salov, Valerii - Modeling Maximum Trading Profits with C++ [2007] Savine, Antoine - Modern Computational Finance [2019] Schlogl, Erik - Quantitative Finance [2013] b) Dot Net Shetty, Yogesh; Jayaswal, Samir - Practical .Net for Financial Markets [2006] c) Excel & VBA (English) Bluttman, Ken - Excel Formulas and Functions for Dummies [5th Ed., 2019] Carlberg, Conrad - Microsoft Excel Sales Forecasting for Dummies [2nd Ed., 2016] Clauss, Francis - Corporate Financial Analysis with Microsoft Excel [2010] Day, Alistair - Mastering Financial Mathematics in Microsoft Excel [2nd Ed., 2010] Day, Alistair - Mastering Risk Modelling [2nd Ed., 2009] Goossens, Francois - How to Implement Market Models using VBA [2015] Häcker, Joachim; Ernst, Dietmar - Financial Modeling [2017] Harvey, Greg - Excel 2016 for Dummies [2016] Lee, Cheng-Few; Lee, John et al. - Essentials of Excel, VBA, SAS and Minitab for Statistical and Financial Analyses [2016] Löffler, Gunter; Posch, Peter - Credit Risk Modeling using Excel and VBA [2nd Ed., 2011] Mansfield, Richard - Mastering VBA for Microsoft Office 2016 [2016] Nelson, Stephen - Microsoft Excel Data Analysis for Dummies [2nd Ed., 2014] Rouah, Fabrice; Vainberg, Gregory - Option Pricing Models using Excel-VBA [2007] Schmuller, Joseph - Statistical Analysis with Excel for Dummies [4th Ed., 2016] Stein Fairhurst, Danielle - Financial Modeling in Excel for Dummies [2017] Stein Fairhurst, Danielle - Using Excel for Business Analysis [2012] Van Fliet, Ben - Financial Modeling with Excel and VBA Walkenbach, John - Excel 2016 Bible [2015] Walkenbach, John - Excel VBA Programming For Dummies [3rd Ed., 2013] d) Excel & VBA (German) Benker, Hans - Wirtschaftsmathematik Problemlösung Mit Excel [2007] Chip Sonderheft Kaufmännisches Rechnen mit Excel 2010 Fleckenstein, J.; Georgi, G. - Excel - Das Sparbuch Frye, Curtis - Microsoft Excel 2016 - Schritt für Schritt Gießen, Saskia; Nakanishi, Hiroshi - Besser im Job mit Excel [2016] Kofler, Michael; Kobelo, Ralf - Excel programmieren [2014] Matthäus, Heidrun; Matthäus Wolf-Gert - Statistik und Excel [2016] Nahrstedt, Harald - Die Welt der VBA-Objekte [2016] Renger, Klaus - Finanzmathematik mit Excel [4. Aufl., 2016] SFT - Excel für Einsteiger [11-2016] e) Matlab (English) Adams, Abi et al. - Microeconometrics and MATLAB [2015] Altman, Yair - Accelerating MATLAB Performance [2015] Altman, Yair - Undocumented Secrets of MATLAB-Java Programming [2012] Attaway, Stormy - Matlab [4th Ed., 2017] Darbyshire, Paul; Hampton, David - Hedge Fund Modelling and Analysis using MATLAB [2014] Gilat, Amos - Matlab [6th Ed., 2017] Gordon, Steven; Guilfoos, Brian - Introduction to Modeling and Simulation with MATLAB and Python [2017] Jovanovic Dolecek, Gordana - Random Signals and Processes Primer with MATLAB [2013] Kim, Phil - MATLAB Deep Learning [2017] Mishra, Shashi; Ram, Bhagwat - Introduction to Linear Programming with MATLAB [2018] Nyholm; Ken - Strategic Asset Allocation in Fixed Income Markets [2008] Paluszek, Michael; Thomas, Stephanie - MATLAB Machine Learning [2017] Tue Huynh, Huu et al. - Stochastic Simulation and Applications in Finance with MATLAB Programs [2008] f) Matlab (German) Grundmann, Wolfgang - Finanzmathematik mit MATLAB [2004] Günther, Michael; Jüngel, Ansgar - Finanzderivate mit MATLAB [2. Aufl., 2010] g) MetaTrader & MQL Young, Andrew - Expert Advisor Programming [2010] h) Machine Learning Krohn, John et al. - Deep Learning Illustrated [2019] i) Python Donadio, Sebastien; Ghosh, Sourav - Learn Algorithmic Trading [2019] Gowrishankar S., Veena A. - Introduction to Python Programming [2019] Hilpisch, Yves - Artificial Intelligence in Finance [2020] Hilpisch, Yves - Derivatives Analytics with Python [2015] Hilpisch, Yves - Listed Volatility and Variance Derivatives [2016] Humber, Max - Personal Finance with Python [2018] Jansen, Stefan - Machine Learning for Algorithmic Trading [2nd Ed., 2020] Lewinson, Eryk - Python for Finance Cookbook [2020] Scarpino, Matthew - Algorithmic Trading with Interactive Brokers [2020] Weiming, James - Mastering Python for Finance [2015] Yan, Yuxing - Python for Finance [2nd Ed., 2017] j) R Berlinger, Edina - Mastering R for Quantitative Finance [2015] Berlinger, Edine et al. - Mastering R for Quantitative Finance [2015] Coghlan, Avril - A Little Book of R for Multivariate Analysis [2017] Coghlan, Avril - A Little Book of R for Time Series [2015] Daroczi, Gergely et al. - Introduction to R for Quantitative Finance [201] De Vries, Andrie; Meys, Joris - R for Dummies [2nd Ed., 2015] Georgakopoulos, Harry - Quantitative Trading with R [2015] Hang Chan, Ngai - Time Series [2nd Ed., 2010] Jeet, Param; Vats, Prashant - Learning Quantitative Finance with R [2017] Klemelä, Jussi - Multivariate Nonparametric Regression and Visualization [2014] Machlis, Sharon - Practical R for Mass Communication and Journalism [2019] Rasch, Dieter et al. - Applied Statistics [2020] Regenstein, Jonathan - Reproducible Finance with R [2019] Würtz, Diethelm et al. - Portfolio Optimization with R or Rmetrics [2009] k) Tradestation & EasyLanguage Harris, Sunny - TradeStation made easy! [2011] Tradestation - EasyLanguage Essentials [2007] Tradestation - Learning EasyLanguage [2017]
Quantitative Finance
a) English Albrecher, Hansjoerg et al. - Introduction to Quantitative Methods for Financial Markets [2013] Appleby, John et al. - Numerical Methods for Finance [2008] Arratia, Argimiro - Computational Finance [2014] Avellaneda, Marco - Quantitative Analysis in Financial Markets [2002] Bell, Steve - Quantitative Finance for Dummies [2016] Berman, Gennady; Spadafora, Luca - Theoretical Foundations for Quantitative Finance [2017].pdf Bieler, Timothy - The Mathematics of Money [2008] Blyth, Stephen - An Introduction to Quantitative Finance [2013] Campolieti, Giuseppe; Makarov, Roman - Financial Mathematics [2014] Cerny, Ales - Mathematical Techniques in Finance [2nd Ed., 2009] Chin, Eric et al. - Poblems and Solutions in Mathematical Finance Vol. 1 - Stochastic Calculus [2014] Chin, Eric et al. - Poblems and Solutions in Mathematical Finance Vol. 2 - Equity Derivatives [2017] Cont, Rama - Frontiers in Quantitative Finance [2008] Cox, Dennis; Cox, Michael - The Mathematics of Banking and Finance [2006] Cuthbertson, Keith; Nitzsche, Dirk - Quantitative Financial Economics [2nd Ed., 2004] Dash, Jan - Quantitative Finance and Risk Management [2nd Ed., 2016] Davison, Matt - Quantitative Finance [2014] Franke, Jürgen et al. - Statistics of Financial Markets [2019] Fries, Christian - Mathematical Finance [2007] Garrett, Stephen - Introduction to the Mathematics of Finance [2nd Ed., 2013] Gerstner, Thomas; Kloede, Peter - Recent Developments in Computational Finance [2013] Härdle, Wolfgang et al. - Applied quantitative finance-Springer [3rd Ed., 2017] Henrad, Marc - Algorithmic Differentiation in Finance Explained [2017] Hilber, Norbert et al. - Computational Methods for Quantitative Finance [2013] Jaworski, Piotr et al. - Copulae in Mathematical and Quantitative Finance [2013] Joshi, Mark - More Mathematical Finance [2011] Joshi, Mark - The Concepts and Practice of Mathematical Finance [2nd Ed., 2008] Kosowski, Robert; Neftci, Salih - Principles of Financial Engineering [3rd Ed., 2015] Kwok, Yue; Zheng, Wendong - Saddlepoint Approximation Methods in Financial Engineering [2018] Mariani, Maria; Florescu, Ionut - Quantitative Finance [2020] Palma, Wilfredo - Time Series Analysis [2016] Petters, Arlie; Dong, Xiaoying - An Introduction to Mathematical Finance with Applications [2016] Reghai, Adil - Quantitative Finance [2015] Reitano, Robert - Introduction to Quantitative Finance [2010] Roman, Steven - Introduction to the Mathematics of Finance [2nd Ed., 2012] Ross, Sheldon - An Elementary Introduction to Mathematical Finance [3rd Ed., 2011] Ross, Sheldon - Introduction to Mathematical Finance [2nd Ed., 1999] Ruttiens, Alain - Mathematics of the Financial Markets [2013] Saari, Donald - Mathematics of Finance [2019] Schlögl, Erik - Quantitative Finance [2014] Seydel, Rüdiger - Tools for Computational Finance [6th Ed., 2017] Stefanica, Dan - A Primer for the Mathematics of Financial Engineering [2008] Stefanica, Dan - Solutions Manual - A Primer for the Mathematics of Financial Engineering [2008] Ting, Christopher - An Introduction To Quantitative Finance [2016] Van der Wijst, Nico - Finance [2013] Wang, Peijie - Financial Econometrics [2nd Ed., 2008] Wei, William - Multivariate Time Series Analysis and Applications [2020] Wilmott, Paul - Frequently asked Questions in Quantitative Finance [2nd Ed.; 2009] Wilmott, Paul - Paul Wilmott introduces Quantitative Finance [2nd Ed., 2007] Wilmott, Paul et al. - The Mathematics of Financial Derivatives [1995] Wilmott, Paul; Orrell, David - The Money Formula [2017] Yan, Jia-An - Introduction to Stochastic Finance [2018] b) German Bäuerle, Nicole; Rieder, Ulrich - Finanzmathematik in diskreter Zeit [2017] Franke, Jürgen et al. - Einführung in die Statistik der Finanzmärkte [2. Aufl., 2004] Irle, Albrecht - Finanzmathematik [3 Aufl., 2012] Luderer, Bernd - Starthilfe Finanzmathematik [4. Aufl., 2015] Ortmann, Karl - Praktische Finanzmathematik Zinsrechnung [2017] Schwenkert, Rainer; Stry, Yvonne - Finanzmathematik Kompakt [2. Aufl., 2016] Tietze, Jürgen - Einführung in die Finanzmathematik [11. Aufl., 2011] Udo Terstege et al. - Investitionsrechnung klipp & klar [2019] Vogel, Jürgen - Prognose von Zeitreihen [2015]
Mathematics
Agresti, Alan et al. - Statistics [2017] Balakrishnan, Narayanaswamy et al. - Introduction to Probability [2020] Blitzer, Robert - College Algebra [2018] Chung, Kai Lai; AitSahlia, Farid - Elementary Probability Theory [2010] Dineen, Sean - Probability Theory in Finance [2005] Hogg, Robert et al. - Introduction to Mathematical Statistics [2019] Jacques, Ian - Mathematics for Economics and Business [2018] Klemelä, Jussi - Nonparametric Finance [2018] Kopp, Ekkehard et al. - Probability for Finance [2013] Larsen, Richard; Marx, Morris - An Introduction to Mathematical Statistics and its Applications [2018] McClave, James; Sincich, Terry - Statistics [13th Ed., 2018] Pages, Gilles - Numerical Probability [2018] Shafer, Glenn; Vovk, Vladimir - Game-Theoretic Probability [2019]
Derivatives (general)
a) Englisch Aarons, Mark et al. - Securitisation Swaps [2019] Albanese, Claudio; Campolieti, Giuseppe - Advanced Derivatives Pricing and Risk Management [2006] Beyna, Ingo - Interest Rate Derivatives [2013] Boberski, David - CDS Delivery Option [2009] Bouziane, Markus - Pricing Interest-Rate Derivatives [2008] Boyle, Patrick; McDougall, Jesse - Trading and Pricing Financial Derivatives [2019] Brockhaus, Oliver - Equity Derivatives and Hybrids [2016] Carreira, Marcos; Brostowcz, Richard - Brazilian Derivatives and Securities [2016] Chorafas, Dimitris - Introduction to Derivative Financial Instruments [2008] Corb, Howard - Interest Rate Swaps and Other Derivatives [2012] Culp, Christopher et al. - Credit Default Swaps [2018] Deutsch, Hans-Peter; Beinker, Mark - Derivatives and Internal Models [5th Ed., 2019] Elouerkhaoui, Youssef - Credit Correlation [2017] Flavell, Richard; Flavell, Richard - Swaps and Other Derivatives [2002] Goldenberg, David - Derivatives Markets [2016] Gottesman, Aron - Derivatives Essentials [2016] Hausmann, Wilfried et al. - Derivate, Arbitrage und Portfolio-Selection [2002] Hunt, Philip; Kennedy, Joanne - Financial Derivatives in Theory and Practice [Rev. Ed., 2004] Inglis-Taylor, Andrew - Dictionary of Derivatives [1995] Johnson, Stafford - Derivatives Markets and Analysis [2017] Kenyon, Chris; Stamm, Roland - Discounting LIBOR, CVA and Funding [2012] Levy, Jared - Bloomberg Visual Guide to Options [2013] LiPuma, Edward - The Social Life of Financial Derivatives [2017] Marroni, Leonardo; Perdomo, Irene - Pricing and Hedging Financial Derivatives [2014] McDonald, Robert - Derivatives Markets [3rd Ed., 2013] Peery, Gordon - The Post-Reform Guide to Derivatives and Futures [2012] Peterson, Paul - Commodity Derivatives [2018] Ramirez, Juan - Handbook of Corporate Equity Derivatives and Equity Capital Markets [2011] Sadr, Amir - Interest Rate Swaps and Their Derivatives [2009] Schlösser, Anna - Pricing and Risk Management of Synthetic CDOs [2011] Tan, Chia - Demystifying Exotic Products [2010] Wagner, Eva - Credit Default Swaps und Informationsgehalt [2008] Witzany, Jiri - Derivatives [2020] b) German Irle, Albrecht - Finanzmathematik [3. Aufl., 2012] Rudolph, Bernd; Schäfer, Klaus - Derivative Finanzmarktinstrumente [2. Aufl., 2010] Seydel, Rüdiger - Einführung in die numerische Berechnung von Finanzderivaten [2. Aufl., 2017]
Futures
Abell, Howard - Spread Trading [2002] Aikin, Stephen - STIR Futures [2nd Ed., 2012] Bennett, David - Day Trading Grain Futures [2009] Bowen, Guy - Guide to Futures and Spread Trading [2009] Chou, Robin; Wang, Yun-Yi - Strategic Order Splitting, Order Choice, and Aggressiveness [2009] Clenow, Andreas - Following the Trend [2013] Collins, Art - Beating the Financial Futures Market [2006] Dobson, Edward; Reimer, Roger - Understanding Spreads [2007] Duarte, Joe - Trading Futures for Dummies [2008] Garner, Carley - Currency Trading in the Forex and Futures Markets [2012] George Angell, Barry Haigh - West of Wall Street [1987] Goslin, Chick - Intelligent Futures Trading [1998] Goss, Barry - Debt, Risk and Liquidity in Futures Markets [2008] Goss, Barry; Yamey, Basil - The Economics of Futures Trading [1976] Greyserman, Alex; Kaminski, Kathryn - Trend following with Managed Futures [2014] Gutmann, Michael - The Very Latest E-Mini Trading [2009] Henrard, Marc - Interest Rate Modelling in the Multi-Curve Framework [2014] Hull, John C. - Fundamentals of Futures and Options Markets [10th Ed., 2018] Kaeppel, Jay - The Four Biggest Mistakes In Futures Trading [2000] Kroll, Stanley - Kroll on Futures Trading Strategy [1987] Labuszewski, John et al. - The CME Group Risk Management Handbook [2010] Lind-Waldock - The Complete Guide to Futures Trading [2005] Lofton, Todd - Getting started in Futures [5th Ed., 2005] Powers, Mark - Starting out in Futures Trading [6th Ed., 2001] Refco Private Client Group - The Complete Guide to Futures Trading [2005] Rhoads, Russell - Trading VIX Derivatives [2011] Schwager, Jack; Etzkorn, Mark - A Complete Guide to the Futures Market [2nd Ed., 2017] Smith, Courtney - Futures Spread Trading [2000] Spence, Donald - Introduction to Futures and Options [1997] Thomsett, Michael - Winning with Futures [2009] Williams, Larry - Trade Stocks and Commodities with the Insiders [2005]
Options
Augen, Jeff - Day Trading Options [2010] Augen, Jeff - The Volatility-Edge in Options-Trading [2008] Baird, Allen - Option Market Making [1992] Bennett, Colin - Volatility Trading [2012] Chen, Dennis; Sebastian, Mark - The Option Trader's Hedge Fund [2012] Clark, Ian - Commodity Option Pricing [2014] Cofnas, Abe - Trading Binary Options [2nd Ed., 2016] Cordier, James; Gross, Michael - The Complete Guide to Option Selling [2nd Ed.; 2009] Derman, Emanuel et al. - The Volatility Smile [2016] DeRosa, David - Options on Foreign Exchange [3rd Ed., 2011] Duarte, Joe - Trading Options For Dummies [3rd Ed., 2017] Fontanills, George - Trade Options Online [2nd Ed., 2009] Fullman, Scott - Increasing Alpha with Options [2010] Jabbour, George; Budwick, Philip - The Option Trader Handbook [2nd Ed., 2010] Jordan, Lenny - The Financial Times Guide to Options [2nd Ed., 2011] Junghenn, Hugo - Option Valuation [2011] Keene, Andrew - Keene on the Market [2013] Khouw, Michael; Guthner, Mark - The Options Edge [2016] Kinahan, Joe - Essential Option Strategies [2016] Levy, Jared - Bloomberg Visual Guide to Options [2013] Lowell, Lee - Get Rich with Options [2nd Ed., 2009] McMillan, Lawrence - McMillan on Options [2nd Ed., 2004] Morris, Virginia - An Investors Guide to Trading Options [2013] Natenberg, Sheldon - Option Volatility and Pricing [2nd Ed., 2014] Nations, Scott - The Complete Book of Option Spreads and Combinations [2014] Passarelli, Dan - Trading Option Greeks [2nd Ed., 2012] Peters, Linda - Real Options Illustrated [2016] Rouah, Fabrice; Vainberg, Gregory - Option Pricing Models [2007] Saliba, Anthony - Option Spread Strategies [2009] Sebastian, Mark - Trading Options for Edge [2017] Sherbin, Al - How to Price and Trade Options [2015] Sinclair, Euan - Option Trading [2010] Sinclair, Euan - Volatility Trading [2nd Ed.; 2013] Smith, Courtney - Option Strategies [3rd Ed., 2008] Thomsett, Michael - Getting Started in Options [7th Ed., 2007] Thomsett, Michael - Options Installment Strategies [2018] Thomsett, Michael - Options Trading for the Conservative Investor [2nd Ed.; 2010] Thomsett, Michael - Put Option Strategies for Smarter Trading [2010] Thomsett, Michael - The Complete Options Trader [2018] Thomsett, Michael - The Mathematics of Options [2017] Ward, Robert - Options And Options Trading [2004] Weert, Frans - An Introduction to Options Trading [2006] Zerenner, Ernie; Chupka, Michael - Naked Puts [2008] Edit#1: It is probably not wrong to add a 4th category here, which is in the spirit of the overarching theme. EDIT#2: I don't know why, but I left out Wilmott completely - 4 titles added. See above under Quantitative Finance. EDIT#3: I added the "Derivatives (general)" category and will add "Futures" and "Options" later. EDIT #4: Added "Futures" and "Options" categories. Please note that not all titles in these categories will be useful for algorithmic purposes.
My observations of ACR and my personal experience. (*Warning potentially long read for some*)
ACR is the best! X poker room is the best! Is ACR a scam? Is playing Online Poker a viable job? Will I be the next Moneymaker? Is the 0-10 k Ferguson challenge possible? I beat my home/local game constantly, should I go up in stakes? I always in coinflips! Do I have potential to go further in poker? If I had a nickel for every cringe worthy/click bait worthy question or title we all see on the internet or headline on various videos on social media, we would all be rich. Has there been scams in the past? Regardless of industry as long as there is money involved and bad actors, corruption will exist as much as water or oxygen exists. This isn't the question I am addressing primarily today. What I am addressing isn't necessarily related to ACR even though I do play on their site among several others. I will say that for anyone that asks what their chances are of going pro or making $$$$$ and taking private jets from a sunny island to expensive tournaments, the chances are minuscule much like the chances of making the MLB or NFL is. In my opinion this isn't necessarily a disparity of skill between top pro and a solid reg but more of a combination of skill and discipline/money management. Not spilling 10+ percent of your bankroll if not all of it right after a horrible beat or bubbling in a tournament and getting unlucky in the process. Also another trend which has intensified since Covid, is the desire of the masses, mostly young people to make money with money and/or making money in a convenient manner on your own terms from home, whether its through stocks, crypto, forex, poker, sports, only fans, scams etc... The carrot/stick is obvious, mantras such as "being your own boss.", "convenience" etc.. but what people ignore time and time again that, there is always a "but" in life. Gullible people getting suckered by "influencers" or coaches in the Poker World, touts, people selling picks in the sports world run rampant as people are misled to think that they can quit their day job and think that poker is an atm machine ready to be exploited. This is obviously not the case and this could possibly be one of society's most repeated mistakes and imagine if online poker is corrupt and full of super users, bots controlled by the site itself... (I 95 percent doubt that this is the case.) But I will say that having played poker for 18 years. Played online before the Black Friday days, played in numerous underground spots almost everyday for years prior to Covid. The road to being semipro/pro is nothing glamorous. Sitting in rooms reeking of smoke, getting ripped off on the rake, suffering bad beats, going home drunk, broke and hungover for work the next day is not the life for many unless you're in the top 5 percent of players. Plus not that I care too much but when you win youre essentially taking money off of a sucker or someone that has tilted. I play constantly at the low stakes level with a ton of volume, and even at the $1-$10 sit n goes or tournaments, people take the levels as seriously as some 1/2 or 2/5 nl games at casinos. I have even seen people from third world countries or ex soviet states that play. Places with huge populations of technical people with high unemployment rates where making $50 profit per day might be the same equivalent (standard of living wise) for Americans that could may be be $250-300. I'll end this hopefully informative post by saying that, if there was a litmus test for people wanting to challenge themselves to see if they could potentially go pro. Do the following: 1.Track your stats. dont cheat yourself, write down your losses and your winnings.
Dont play drunk.
Know when to stop even if you're down. There is always tomorrow and there is no way you can play well, tired. You will play too many hands and start leaking.
Try to play consistent poker also at a consistent buy in. If you win a $44 tournament for first and you lose 5 tournaments for $2.50, this doesn't make you pro material.
Have a stop loss in mind. If you have a $250 bankroll, and you're down $50 in an hour, there is no way you can go back to 250 in the same day without getting lucky or moving up in stakes which isn't going to work out in the long term unless you risk everything or you win first in a 50 + person pool tournament. (Non consistent even if you win)
The goal of building bankroll is consistency, not huge amounts won in the long term. I value a player that has played 5 hours a day for a month who has a 800 profit from a 150 bankroll then someone who has a 900 profit from a 150 bankroll, with one first place tournament finish.
Ask yourself why you play? What is your goal, objectives? If you play 8 hours a day and you average 50 bucks a day profit, will that change your life? If you play 8 hours a day and you average 100-150 bucks a day profit, will that change your life?
Do you have better options in life work wise? Yes or no?
Ultimately, if you show consistency and you play solid poker for at least 6 months, (More volume and length required for tournaments imo) and you don't tilt anymore , treat every hand like a +EV trade then that shows me that, that type of player has potential.
Poker calculator is your best friend. Chatting with other solid regs or better is a plus.
Remembering that the road to poker is not a road paved with glitz and glamor for 99 percent of folks. 100 percent want to win, but for every Phil Ivey or Moneymaker, there has to be 1 or losers who are in severe debt and are or have ruined their lives and 1 who is running away from loan sharks and contemplated suicide. Be careful and ask yourself if you have the intelligence, discipline and patience to play for peanuts and for the lucky few, make okay to great money.
A wild MAME 0.215 appears! Yes, another month has gone by, and it’s time to check out what’s new. On the arcade side, Taito’s incredibly rare 4-screen top-down racer Super Dead Heat is now playable! Joining its ranks are other rarities, such as the European release of Capcom‘s 19XX: The War Against Destiny, and a bootleg of Jaleco’s P-47 – The Freedom Fighter using a different sound system. We’ve got three newly supported Game & Watch titles: Lion, Manhole, and Spitball Sparky, as well as the crystal screen version of Super Mario Bros. Two new JAKKS Pacific TV games, Capcom 3-in-1 and Disney Princesses, have also been added. Other improvements include several more protection microcontrollers dumped and emulated, the NCR Decision Mate V working (now including hard disk controllers), graphics fixes for the 68k-based SNK and Alpha Denshi games, and some graphical updates to the Super A'Can driver. We’ve updated bgfx, adding preliminary Vulkan support. There are some issues we’re aware of, so if you run into issues, check our GitHub issues page to see if it’s already known, and report it if it isn’t. We’ve also improved support for building and running on Linux systems without X11. You can get the source and Windows binary packages from the download page.
apple2_flop_orig: Alibi, American Government (Micro Learningware), Apple Stellar Invaders, Battlefront, Beach Landing, Carriers at War, The Coveted Mirror, Crime Stopper, Decisive Battles of the American Civil War: Volume Three, Decisive Battles of the American Civil War: Volume Two, Decisive Battles of the Civil War: Volume One, Dogfight II, Europe Ablaze, Galactic Wars, Gauntlet, Ghostbusters, Go (Hayden), Guderian, Halls of Montezuma, The Haunted Palace, I, Damiano, Leisure Suit Larry in The Land of The Lounge Lizards, The Mask of the Sun (Version 2.1), MacArthur's War, Muppet Learning Keys: The Muppet Discovery Disk, Oil Rig, Panzer Battles, Pulsar ][, Questprobe featuring Spider-Man, Reach For The Stars (Version 1.0), Reach For The Stars (Version 2.0), Reach For The Stars (Version 3.0), Reversal, Russia, Sherlock Holmes in Another Bow, Simultaneous Linear Equations, Space Kadet, Tapper, Ulysses and the Golden Fleece, Vaults of Zurich, Winter Games [4am, Firehawke]
fmtowns_cd: CG Syndicate Vol. 1 - Lisa Northpoint, CubicSketch V1.1 L10, New Horizon CD Learning System II - English Course 1, Shanghai, Space Museum, TownsSOUND V1.1 L20, Z's Triphony DigitalCraft Towns [redump.org, r09]
hp9825b_rom: 9885/9895 ROM for 9825, 9885 ROM for 9825, Matrix ROM for 9825, SSS mass storage ROM [F.Ulivi]
ibm5150: Action Service (Smash16 release) (3.5"), International Karate, Italy '90 Soccer, Joe Blade (Smash16 release), Out Run (Kixx release), Starflight [ArcadeShadow]
ibm5170: Corridor 7: Alien Invasion, Links - The Challenge of Golf (5.25"HD) [ArcadeShadow]
midi_flop: Dansbandshits nr 3 (Sweden) [FakeShemp]
vz_snap: Ace of Aces, Adventure, Airstrip, Arkaball v1, Arkaball v2, Arrgh, Assembly Language for Beginners, Asteroids, Attack of the Killer Tomatoes, Backgammon, Backgammon Instructions, Battleships v1, Battleships v2, Bezerk, Binary Tape Copier v1.0, Bomber, Breakproof File Copier, Bust Out, Camel, Card Andy, Casino Roulette v1, Casino Roulette v2, Catch, Challenger, Chasm Capers, Check Disk, Checkers, Chess, Circus, Compgammon, Computer Learjet, Concentration, Cos Res, Craps, Crash, Curses, Dawn Patrol, Decoy v1, Decoy v2, Defence Penetrator, Dig Out, Disassembler v2, Disassemmbler v1, Disk Copier, Disk Copy V2.0, Disk Editor-Assembler V6.0X, Disk Menu, Disk Ops 4, Disk Sector Editor v1, Disk Sector Editor v2, Dog Fight, Dracula's Castle, The Dynasty Derby, Editor-Assembler V.1.2, Editor-Assembler V.1.2B, Electric Tunnel, Electronic Blackjack, Extended DOS V1.3, Extended VZ Basic V2.5, Factory, Fastdisk V1.0, Fastdisk V1.1, Fastdisk V1.2, Fastdisk V1.2 demo, Filesearch 2.0, Filesearch V2.0, Formula One v1, Formula One v2, Formula Uno, Frog, Galactic Invasion, Galactic Raiders, Galactic Trade, Galaxon, Game Instructions, Ghost Blasters, Ghost Hunter (hacked), Ghost Hunter instructions, Ghost Hunter v1, Ghost Hunter v2, Golf, Grand Prix, Grave Digger, Gunfight, Hamburger Sam, Hangman v1, Hangman v3, Hangman v4, Hex Maths, Hex Utilities, The High Mountains, High Scores, Hoppy v1, Hoppy v2, Hunt the Wumpus, Instructions for Asteroid Dodge, Instructions for Invaders, Instructions for Ladder Challenge, Invaders v1, Invaders v2, Inventory, Kamikaze Invaders, Key Hunt, Knights and Dragons, Ladder Challenge, Laser, Laser Pong, Lunar Lander, Mad Max VI, Madhouse, Mars Patrol, Mastermind, Match Box, Match Box Instructions, Maths Armada, Maze Generator, Meat Pies, Melbourne Cup, Meteor, Missile Attack, Missile Command v1, Missile Command v2, Missing Number, Moon, Moon Lander, Moonlander, Moving Targets, Number Sequence, Number Slide, Othello, Othello Instructions, Painter v1, Painter v2, Painter v3, Panik, Panik Instructions, Penguin, Planet Patrol, Poker Machine, Punch v1, Punch v2, Pursuit, The Quest, The Return of Defense Command, Rocket Command, Shootout, Space, Space Ram, Space Station Defender, Space Vice, Star Blaster, Submarine, Super Snake, Super Snake Trapper, The Ten Commandments, Tennis v1, Tennis v2, Tone Generator, Totaliser Derby, Tower, Triffids 2040 AD, Twisting Road, VZ 200-300 Diskette Monitor, VZ Panik, VZ cave, VZ-200 Cup, Vzetris, Worm, Write a Story [Robbbert]
Software list items promoted to working
dmv: MS-DOS v2.11 HD, MS-DOS v2.11 HD (Alt 2), MS-DOS v2.11 HD (Alt 3), MS-DOS v2.11 HD (Alt), Z-Com v2.0 HD [Sandro Ronco, rfka01]
evio: Anime Mix 1, Chisako Takashima Selection, evio Challenge!, evio Selection 02, evio Selection 03, Hard Soul 1, I Love Classic 1, Pure Kiss 1 [David Haywood, Peter Wilhelmsen, ShouTime, Sean Riddle]
fmtowns_cd:
Debian GNU/Linux 1.3.1 with Debian-JP Packages, Debian GNU/Linux 2.0r2 with Hamm-JP [akira_2020, Tokugawa Corporate Forums, r09]
Air Warrior V1.2, Fujitsu Habitat V2.1L10, Hyper Media NHK Zoku Kiso Eigo - Dai-3-kan, Nobunaga no Yabou - Sengoku Gun'yuuden, Taito Chase H.Q. (Demo), TownsFullcolor V2.1 L10, Video Koubou V1.4 L10 [redump.org, r09]
leapfrog_ltleappad_cart: Baby's First Words (USA), Disney Pooh Loves You! (USA), If I were... (USA) [ClawGrip, TeamEurope]
Source Changes
ins8250: Only clear transmitter holding register empty interrupt on reading IIR if it’s the highest priority pending interrupt. [68bit]
bus/ss50/mps2.cpp: Connected RS-232 control lines. [68bit]
machine/ie15.cpp: Cleaned up RS-232 interface. [68bit]
bus/rs232: Delay pushing initial line state to reset time. [68bit]
bus/rs232/null_modem.cpp: Added configuration option for DTR flow control. [68bit]
tv990.cpp: Improved cursor position calculation. [68bit]
tilemap.cpp: Improved assert conditions, fixing tilemap viewer, mtrain and strain in debug builds. [AJR]
spbactn.cpp: Use raw screen timing parameters for spbactn. [AJR]
laz_aftrshok.cpp: Added aftrshok DIP switch documentation from the manual. [AJR]
ELAN RISC II updates: [AJR]
Identified CPU type used by vreadere as ePG3231.
Added preliminary port I/O handlers and callbacks.
Added stub handlers and state variables for interrupt controller, timers, synthesizer, UART and SPI.
Fixed TBRD addressing of external data memory.
Fixed calculation of carry flag for normal adder operations.
Implemented multi-byte carry/borrow for applicable registers.
Implemented signed multiplication option.
Added internal stack buffer for saving PCH during calls/interrupts.
alpha68k_n.cpp: Replaced sstingry protection simulation with microcontroller emulation. [AJR]
sed1330: Implemented character drawing from external ROM, fixed display on/off command, and fixed screen area definition. [AJR]
tlcs90: Separated TMP90840 and TMP90844 disassemblers. [AJR]
z180 updates: [AJR]
Split Z180 device into subtypes; HD647180X now implements internal PROM, RAM and parallel ports.
Added internal clock dividers adjust CPU clocks in many drivers to compensate.
Reduced logical address width to 16 bits.
h8: Made debug PC adjustment and breakpoints actually work. [AJR]
subsino2.cpp: Added save state support and cleaned up code a little. [AJR]
Added alim1429 BIOS options revb, alim142901, alim142902 and asaki.
Added frxc402 BIOS option frximp.
Added opti495xlc BIOS options op82c495xlc and mao13.
Added hot409 BIOS option hot409v11.
Sorted systems by chipset and motherboard, and updated comments, including RAM and cache information.
dec0.cpp: Decapped and dumped the 8751 microcontroller for Dragonninja (Japan revision 1). [TeamEurope, Brian Troha]
karnov.cpp: Verified the Atomic Runner (Japan) 8751 microcontroller dump. [TeamEurope, Brian Troha]
segas16b.cpp: Replaced microcontroller simulation with dumped program for Altered Beast (set 6) (8751 317-0076). [TeamEurope, Brian Troha]
dec8.cpp: Replaced hand-crafted microcontroller program with program dump for The Real Ghostbusters sets. [TeamEurope, Brian Troha, The Dumping Union]
firetrap.cpp: Replaced hand-crafted microcontroller program with program dump for Fire Trap (US). [TeamEurope, Brian Troha, The Dumping Union]
karnov.cpp: Replaced hand-crafted microcontroller program with program dump for Chelnov - Atomic Runner (US). [TeamEurope, Brian Troha, The Dumping Union]
segas16a.cpp: Replaced microcontroller simulation code with program dump for the Quartet sets. [TeamEurope, Brian Troha, The Dumping Union]
segas16b.cpp: Replaced microcontroller simulation with program dump for Dynamite Dux (set 1) (8751 317-0095). [TeamEurope, Brian Troha, The Dumping Unionn]
pc98.xml, svi318_cass.xml: Corrected some spelling errors in titles and labels. [Zoë Blade]
Updated comments, and corrected spelling, grammar and typographical errors in comments and documentation. [Zoë Blade]
Spot gold futures traded greater on Friday, with a decline in a U.S. consumer sentiment index adding to the steel's increase, motivating prices to complete greater for the week. Data released Friday revealed that the University of Michigan consumer belief index fell to 70.2 in August, the most affordable degree because the height of the pandemic in April 2020, from 81.2 in July. Spot gold price worked out at $1,778.64 per ounce, place silver was at $23.71 an ounce. Gold futures had come to be "oversold" following sharp losses last Friday as well as on Monday, Brien Lundin, editor of Gold Newsletter, informed MarketWatch. The rebound in costs seen since then is "greatly as a result of financier recognition that the crash was just temporary market adjustment and also no real reflection on the supply/demand dynamics for the steel." The spot gold market has actually additionally seen "expanding worries over the delta variation and the financial consequences from its spread, as confirmed by the dramatic autumn in customer sentiment" reported Friday, said Lundin. "It's all contributing to a general sight that gold is underestimated at these degrees." Gold has actually been whipsawed in recent weeks by uncertainty about the toughness of the international economic rebound amid the spread of the delta variant of COVID-19 and also broach the Federal Reserve tapering its pandemic-era monetary holiday accommodations later this year or very early following year. Most of the move higher a lot more just recently for gold this week is because of boosting inflation issues in light of the Fed "maintaining its ultra-accommodative monetary policy in the idea existing high inflation is temporal," claimed Jeff Klearman, profile manager at GraniteShares, which uses the GraniteShares Gold Trust BAR. " Negative and incredibly reduced real returns, showing expectations of continued accommodative financial policy, support gold rates since they get rid of the possibility expense of holding gold while raising gold's safe-haven charm because of possible upside," he informed MarketWatch. " Gold has been caught in the crossfire," created Victor Argonov, senior analyst at Exante, in a Friday note. "Although the present reserve bank policy steps need to be sustaining prices, the relative toughness of the dollar is using headwinds for gold, while the rallying US stock markets implies place need for rare-earth element is also not as solid as in 2014," the expert composed. Buck collection for second regular gain on Fed sight The U.S. buck edged greater on Friday, on track momentarily successive once a week gain versus its major opponents, as investors considered the opportunity of the Federal Reserve introducing its strategies to lower its stimulus in the coming weeks. Data on Thursday revealed U.S. manufacturer rates uploaded their largest yearly rise in greater than a decade in the 12 months through July. While the information comes a day after consumer rate information that indicated inflation might be peaking, experts claimed producer price data assists the case for eliminating several of the Fed's stimulation. Versus a basket of its rivals, the greenback held firm around the 93 level, near an April high of 93.195 hit last week. It is up 0.2% today after a 0.8% rise last week. " With manufacturer prices feeding into customer rates, this suggests that the CPIs may have not strike a ceiling yet, as well as might have enhanced once more bank on a possible tapering announcement by the Fed in September," claimed Charalambos Pissouros, head of study at JFD Group. The Fed will certainly announce a plan to taper its property acquisitions in September, according to a strong majority of economic experts questioned by Reuters. The dollar's strength was additionally encouraged by a light spell of danger aversion in global currency markets, with the chinese yuan and the australian dollar struggling against the paper money. The Aussie stood at $0.7340, near an eight-month low of $0.72895 touched last month, while the Canadian buck eased to C$ 1.2517. The euro steadied at $1.1734, on program for a second straight week of losses and within striking distance of a four-month low of $1.1706 hit on Wednesday. Oil cost declines Oil price declined on Friday, however the U.S. standard maintained a small once a week gain, as capitalists bothered with the spread of the delta version of the coronavirus that creates COVID-19, as well as its result on crude oil demand. In the short-term, "the petroleum market is back in an uptrend however it is in a bit of a no-mans-land and it can take a few days to gather vapor for another run," said Phil Flynn, senior market analyst at The Price Futures Group, in a note. "If COVID concerns alleviate a little bit, then reports of dropping global oil inventories should spark an additional rally." West Texas Intermediate crude oil prices dropped 0.9%, to work out at $68.44 a barrel and Brent petroleum lost 1%, to settle at $70.59 a barrel. For the week, Brent crude oil fell less than 1%, after dropping 6% recently, its biggest week of losses in four months. Recently WTI slumped nearly 7% in its greatest regular decline in 9 months. On Thursday, the IEA said demand for petroleum ground to a stop in July as well as was readied to climb at a slower rate over the rest of the year due to surging infections from the Delta variation of the coronavirus. Still, oil has actually stayed sustained by enhanced demand in the world's leading customer, the United States and various other countries where the COVID-19 vaccination rate is higher. "While the IEA's record was rather ugly as needed, in the close to term, it's rather clear that there's a supply deficit which's likely to continue as we're seeing airline travel limitations get lifted in the U.S.," said John Kilduff, companion at Again Capital LLC in New York. Major banks Goldman Sachs as well as JPM Commodities Research are much less favorable on oil because of the rising infection price. Goldman cut its estimate for the international oil deficit to 1 million barrels daily from 2.3 million bpd in the short-term, mentioning an anticipated decrease in demand in August and also September. However, Goldman expects the demand recuperation to proceed together with rising vaccination rates. "A recent circulation of positive U.S. macroeconomic assistance likewise recommends further improvement in petroleum demand once the Delta Variant subsides," claimed Jim Ritterbusch, president of Ritterbusch and also Associates LLP in Galena, Illinois. JPM, meanwhile, said it currently sees the "international need healing stalling this month" with need continuing to be roughly in accordance with the 98 million bpd standard for international intake in July. By comparison, the Organization of the Petroleum Exporting Countries (OPEC) on Thursday stayed with its projection for a rebound in global oil demand this year and further growth in 2022, regardless of the climbing worry over rises in COVID-19.
On Tuesday (August 10), the U.S. dollar index increased for the 3rd consecutive day and also reached its highest level in regarding 3 weeks. The rising buck and U.S. Treasury returns continued to put stress on the gold market. U.S. crudeoil climbed 3%, recoiling from the current decrease. Commodity closing, COMEX December gold futures price closed 0.3%, at 1,731.70 United States bucks per ounce. WTI September crude oil futures closed 1.81 US dollars, or 2.72%, to 68.29 United States dollars per barrel; Brent October petroleum futures closed up 1.59 US dollars, or 2.30%, to 70.63 United States bucks per barrel. U.S. stocks market closing scenario: the S&P 500 index rose 0.1% to 4436.75 points; the Dow Jones Industrial Average climbed 0.5%, likewise a record close; the Nasdaq Composite Index dropped 0.5%, and the Nasdaq 100 Index fell 0.5%. The Russell 2000 Index rose 0.2%. 22:30 2021 FOMC vote board, Atlanta Fed Chairman Bostic talks on just how the Fed can make the economic climate a lot more inclusive Checklist of major international markets The U.S. securities market climbed, but innovation supplies fell, exposing people's remaining worries about whether the U.S. economic climate can endure the impact of minimized stimulation and the renewal of the epidemic. Although the S&P 500 index hit a brand-new high, the Nasdaq 100 index dropped together with Amazon. Chip stocks succumbed to the 4th successive trading day, and also energy stocks climbed together with oil costs. Direxion product director Dave Mazza claimed that the decrease in development, particularly the decline in the technology industry, might be because of 2 variables. First, offered the recent impressive performance, capitalists might take revenues before this week's rising cost of living information. Considering the current remarks by Fed authorities, financiers may value an earlier cut. After last Friday's employment record sparked assumptions of a short cut, the United States price information later on today was likewise carefully viewed. At the same time, the extremely infectious delta strain spread to all edges of the world, triggering individuals to fret about the derailment of economic recuperation. The variety of brand-new situations in the United States surged to the highest level given that very early February, and the number of deaths likewise struck the largest rise because December. Precious metals and also petroleum Spot gold price fell for the fourth successive day, shutting at $1,728.94 per ounce in late trading, as the U.S. buck reinforced as well as Fed authorities claimed the reserve bank needs to lower the scale of property acquisitions. The U.S. dollar rose to a virtually three-week high, reducing the need for gold as an alternative possession, and climbing U.S. bond yields likewise inhibited the good looks of gold. Atlanta Fed President Raphael Bostic said that if employment data remains to stay solid in the next one to two months, the Fed needs to decrease the range of financial obligation acquisitions as well as advancement this process faster than in the past. Global gold prices have been under pressure this year because of the intro of vaccines, stronger-than-expected economic recovery in some nations, and also the possibility of the central bank taking out stimulus policies. Large-scale financial and also monetary stimulation actions are a column that aided gold hit a document high in 2014. Ole Hansen, Head of Commodity Strategy at Saxo Bank, said that the "dual risk" of climbing returns as well as rising U.S. dollar is hitting gold, and the rate of gold has no supporting variables at least for the time being. Crude oil prices followed the surge of the stock market. In spite of the return of the new crown epidemic, investors are still hopeful about the ongoing development of the international economic climate; U.S. oil increased more than 3%, the largest rise in greater than two weeks. UNITED STATE as well as European securities market struck record highs as the marketplace anticipates financial development to continue to be solid; although the delta variant has actually brought about a boost in the number of infections and also limited motion of individuals, it is expected that by the end of the year, global usage will remain firm and also the supply side might tighten up. Phil Streible, chief market planner at Blue Line Futures LLC, said that crude oil has obtained from the strong increase in the United States stock market, as well as some investors have actually additionally ended up being confident that the delta pressure's impact on need is weakening, albeit to a small degree. In the brief term, in Asia where vaccination rates are lagging in lots of nations, the spread of this infection is striking gas intake; the rebound in the United States, specifically in states with low inoculation prices, is additionally worrying the market. Forex Improved by greater U.S. bond yields, the U.S. dollar index strengthened for the third successive day. With the rise in oil costs, the Canadian dollar has the most effective pattern among all G-10 currencies; among the G-10 currencies, the euro fell for the 6th consecutive day, the longest consecutive decrease because November in 2015; the yen and also the Swiss franc led the decline. The U.S. dollar index rose 0.09% to 93.05, hitting 93.14 in the intraday session, the highest level since July 21; the U.S. 10-year Treasury yield rose 1.9 basis points to 1.34%; the U.S. inflation information launched on Wednesday is expected to be the Fed's possible plan actions Provide more clues. Marc Chandler, primary market planner at Bannockburn Global Forex, said United States dollar acquiring has been excellent and also has actually held true because the center of recently. The hawkish statements of a number of Fed authorities, and the boost in work by greater than 900,000 for the 2nd successive month, once again confirmed the marketplace's speculation that the Fed will certainly quickly decide to minimize the range of debt purchases. Atlanta Fed President Bostic stated on Monday that the US economic climate is improving quicker than expected, and the time for the Fed to begin reducing its bond purchase program might come soon. Financiers will certainly seek signals from the Fed at the Jackson Hole annual reserve bank conference this month. They are still waiting on further economic information. The United States consumer price index will be launched on Wednesday. The euro to US dollar fell 0.14% to 1.1720, striking 1.1710, the lowest level since March 31. Allow's look at this year's lowest level of 1.1704. The German ZEW survey located that capitalist belief degraded for the 3rd consecutive month in August because of expanding concerns. The epidemic may prevent the healing of Europe's biggest economic climate. Chandler claimed that the euro is close to the key degree of $1.17 versus the U.S. dollar, and also the next key reduced will certainly be $1.16, which is the degree when the preliminary results of the US general election came out in November last year. The euro dropped 0.3% to 0.84502 versus the pound in intraday trading, the most affordable degree since February 2020. The pound dropped 0.03% to 1.3843 against the dollar; DTCC information showed that at the 1.3859 level, there have to do with 1.2 billion pounds of non-deliverable forward contracts that run out at the end of the month. The buck climbed 0.25% to 110.57 against the yen, as well as selling near the July 23 high of 110.59 reduced the gains. The dollar also climbed 0.2% against the Swiss franc, proceeding its recent gains. The U.S. buck fell 0.45% to 1.2520 against the Canadian dollar, the Australian dollar climbed 0.23% to 0.7350 against the U.S. dollar, and the New Zealand dollar rose 0.24% to 0.7010 against the U.S. dollar. International information United States Senate bipartisan members passed the US$ 550 billion framework costs with a vote of 69-30 on Tuesday. The costs includes approximately US$ 110 billion in new costs on roads and also bridges, US$ 73 billion in power grid upgrades, US$ 66 billion in railways and Amtrak, and also US$ 65 billion in broadband development. United States API crude oil inventories decreased by 816,000 barrels in the week of August 6, Cushing crude oil inventories decreased by 413,000 barrels, gas supplies decreased by 1.114 million barrels, as well as fine-tuned oil inventories raised by 673,000 barrels Fed official Evans anticipates to see substantive development later this year on behalf of decreasing financial obligation purchases Chicago Fed Chairman Charles Evans claimed when speaking about the Fed's indication of lowering the size of financial debt acquisitions, I do expect that we might see it later on this year. I wish to see even more work information before making the choice to decrease financial debt purchases. When we ultimately choose to decrease financial debt purchases, If it is lowered in proportion to the acquisition approach, it will be great. The climbing dollar and U.S. Treasury returns continued to place stress on the gold market. U.S. oil increased 3%, recoiling from the current decline. The U.S. supply market climbed, however technology supplies fell, revealing individuals's lingering worries about whether the U.S. economic climate can endure the influence of minimized stimulus and also the revival of the epidemic. Chip stocks fell for the 4th successive trading day, as well as power stocks climbed along with oil rates. Ole Hansen, Head of Commodity Strategy at Saxo Bank, claimed that the "dual danger" of increasing returns and also climbing U.S. dollar is striking gold, and also the cost of gold has no sustaining aspects at least for the time being.
EDIT: I realize this is long, but I feel it's important to have this info out there. Maybe save it for later when you see this narrative being pushed around so you can come back and get the other side. EDIT 2: TL:DR - Most negative analysis on this sub lately of Tether are likely from a single biased source that stretches a lot to make his points, and there is simply not enough Tether in the market nor is it concentrated enough to create a catastrophic problem or significant inflation for any USDT currency pair. Like many of you, I have heard the stories and posts about the fraudulent tether, I trade in this space on many exchanges and the growing concern is worrying, so I did my due diligence, and I would like to share it with the community. First and most importantly IMO, all this controversy stems from just one account/person. A person on twitter going by the handle @Bitfinexed - https://twitter.com/Bitfinexed Here you can see this person's writings - https://medium.com/@bitfinexed/latest Spoofy, Tethers and institutional investors are what they contend to be the lies and fraud, AND that this entire rally in 2017 is based on fraudulent Tethers and spoofing, and that this will implode the markets. I feel this is also important… Turns out this person sold at $1000, maybe the real reason he is on this mission??… https://twitter.com/whalepool/status/896460700461277185 Now for some troubling info, the majority of this narrative (FUD??) here on Reddit in the last month come from just three accounts. https://www.reddit.com/useAtlasRand1/submitted/ https://www.reddit.com/usecetusfund/submitted/ https://www.reddit.com/useAnythingForSuccess As you can see these accounts entire mission is to post constantly about this. They all show up on the other’s post to comment regularly. Btw, some people on the pro-finex side think this is a smear campaign from other exchanges. I don’t believe this to be the case. This person(s) only talk about TetheFinex, yet Tether is used and traded by the $millions daily on 3 of the top 5 exchanges, Finex, Bittrex, Polo, yet never a word about those other exchanges. (Check the USDT volume on other exchanges) https://coinmarketcap.com/assets/tethe#markets Therefore, if it is an exchange, it isn’t Trex/Polo because this would affect them as well. If it was an exchange other than Trex/Polo they would have plenty of fire power against 3 of the top 5 exchanges with Tether fraud. This leads me to believe it is most likely a sad person(s) with an ax to grind. They might have lost their $ on Finex to what they believe are spoofers/fraud and or they were part of the finex hack and sold there BFX too early. Btw I see contention that Bitfinex did NOT pay back the $ from the hack. They did, but some people are mad because they sold BFX early and didn’t recoup full $ amount from haircuts, but that was their decision. ~ POINTS OF CONTENTION SPOOFING This is what set my alarm bells off about these articles I read from Bitfinexed. Specifically spoofing… https://hackernoon.com/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4 and this nugget…“And who the hell is going to go margin long so dramatically after a huge crash?” from this article… https://medium.com/@bitfinexed/are-fraudulent-tethers-being-used-for-margin-lending-on-bitfinex-5de9dd80f330 Claiming spoofing shows this person has limited markets/trading knowledge. Clearly they haven’t watched an order book of any exchange in crypto, equities, or Forex. This is called scalping or scare walls. Again this is done in every market around the globe. Here is a professional FOREX trader talking about scalping, how it works, who/why they do it. https://www.youtube.com/watch?v=EYMIPmgRb_M&list=WL&index=94 TL;DW - they do this to get the price where they want it because they know people are watching the order book (the video is quite enlightening), and the key point that keeps this from being an illegal activity (on regulated exchanges) is THAT THEY DO MAKE TRADES FOR THOSE SIZES eventually. This doesn’t always work and they get stuck in these positions. Risk/reward. The ironic part about this spoofing idea is Finex is one of the few, if not only exchanges, that offer hidden orders. So people trying to scalp always have to worry if there is a monster hidden order lurking. Go to the UPDATE: AUGUST 7TH of this story and watch the video he claims proves spoofing and Phil Potter admitting it in the voice over. https://hackernoon.com/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4 I see nothing wrong with what Phil says and no proof of anything in the video. Again this is true on every exchange trading anything of volume in the world. People with large amounts of money move markets, oh the horror. I “technically” do this when I place an order and pull it for whatever reason (scared, mistake, etc.) just not in large sums, but I would if I had large sums. “And who the hell is going to go margin long so dramatically after a huge crash?” The crash they are referring to is from the early June ATH to the mid-July correction. A 45-day crash? Well, I am one of those people that went margin long. And many many others who read charts, resistance, support, retracement info. Again, this smacks of someone who doesn’t know what they are talking about. REASON FOR PRICE RISE/BTC GOES UP WHEN TETHERS ARE CREATED This is absurd. This completely negates everything else, the Japanese currency ruling and them entering the market, Koreans coming into the market in a huge way (they now have the largest exchange by far with close to a Billion traded DAILY, oh and they don’t use Tether at all), the successful hard fork, or the more (positive!) interest from the media and people than ever before in BTC history. Instead, we are supposed to think that $395 million dollars of tethers are the reason for this rise in a $160+ Billion market cap.  C’mon people! Look at that volume for the last 30 days. https://imgur.com/a/vKJ5g Also, the overwhelming majority of trade does not exist in Tether but KRW, CNY, USD, JPY. Tethers are usually created when extra liquidity is needed, be it a crash or a spike. Because more people are trading. They try to prove Tether boosts the market with this picture in their article. https://imgur.com/a/274SE The problem is 2 of the last 3 tether dumps coincide with a downturn. In fact, there is nothing in this graph that proves this theory. Also, the last tether dump/price rise coincides perfectly with the news of the majority of miners signaling segwit2x for the first time (search bitcoin or btc around that date). So do you think the market traded billions of $ at that time because of a $50 million Tether dump or because for the first time in YEARS a solution and path forward became visible?? THEY DON’T HAVE BANKING//NO INSTITUTIONAL INVESTORS/FAKE TETHERS-TERMS OF SERVICE In regards to banking, clearly they have some kind of banking and a way for large amounts of fiat to get in and out. The banking is not for you and me but for regional bitcoin exchanges and other large customers. You know how I know this? If they didn’t the internet would be flooded with Finex withdrawal issues, there would be a price premium on Bitfinex compared to other exchanges, just like Mt. Gox had for so long and also Bitfinex earlier in the year when the banking issues started. This article explains it very clearly (seriously read this article), it has nothing to do with this controversy, just the banking issue in April. https://medium.com/@Austerity_Sucks/why-bitfinex-went-from-a-premium-in-its-crypto-usd-pairs-to-now-a-significant-discount-e7be193d7cb0 TL;DR - All of the imbalances discussed (Finex premium) have been a result of USD frictions into Bitfinex. It has been a chain reaction resulting from the initial freeze to the various gradual withdrawal options. As soon as Bitfinex conclusively addresses the USD flow issues, the crypto pair prices will normalize (which they did) with other exchanges that don’t have banking frictions and USDT price will return to par (which it did). The premiums on Finex and Tether are what would prove something is wrong, yet they are not here. Surprisingly Finex has been at a discount to GDAX and GEMINI recently. Meaning people are willing to take a loss on prices to be able to lend on Finex. This too will normalize as people/bots arb. Aug 9th… From “arguably” bank fraud https://twitter.com/Bitfinexed/status/895339675120013313 Aug 22nd…. To “admitting” bank fraud https://twitter.com/Bitfinexed/status/900230917196836864 Listen to that audio in the second link, listen carefully. His explanation is perfectly reasonable. Banks don’t work well, consistently, or at all with crypto related companies (marijuana companies too for that matter) especially in jurisdictions that are outside US/Europe. Surprise surprise, this is nothing new. When they find out customers, deposits/wire are cryptos related they pull the plug (a reason why Trex/Polo don’t mess with USD). Also, they gave their customers a haircut, probably a lot of complaints about the hack to Wells Fargo and other banks. These are the correspondent's banks, not Finex’s, they have banking. This is how they can receive large institutional deposits and withdrawals. Which I bet make up the majority of the fiat deposits and withdrawals. Classic 80/20 business rule, 20% of your clients are providing 80% of the liquidity plus you are having banking issues (which is expected in crypto-land), so you cut this service to the 80% saving time/resources/headaches for the 20% loss in a single service to them (no fiat withdrawal/deposits- but crypto flows in and out with ease). Again if they weren’t able to get money in and out there would be a premium, there would be a long line of complaints online. I have no reason (or proof) to believe that money is NOT coming into/out of the exchange. It makes total sense too, they are the best lending platform, have one of the most liquid exchanges, and have by far the most reliable and best software/servers/UI/order options. You cannot deny this fact, they are constantly a top 3 exchange in volume, even after a hack. I use Finex (as well as others) because of all those things. Also, they have already been hacked, a second hack seems less likely (IMO, they have more to lose with another hack). They have many big events on the horizon (Ethfinex). Would a company be putting resources into these things if this is all fraud or an exit scam? I find that unlikely. Is this 100% full proof? Of course not, nothing is, especially in crypto, just my reasons for trading there. Institutional Investors - https://medium.com/@bitfinexed/are-legitimate-institutional-investors-really-coming-onto-bitfinex-s-platform-i-don-t-think-so-cb4ed5175092 Here is what this person doesn’t comprehend, what if these institutional investors are… you ready… here it comes… other exchanges that use Tether, as well as other crypto related businesses. It is only $395 million Tethers. These exchanges (Trex, Finex, Polo) are printing money. This isn’t “someone” with 100’s of millions of dollars as the article suggests, it’s many people with millions/thousands of dollars. Again this all ignores the fact that many more people have entered the ecosystem this year. This is proven by Coinbase growth, transaction growth, and exchange growth (both in volume and # of exchanges), and growth in crypto-related sub-Reddits. Yet Bitfinexed is shocked that lending hits ATH’s, but it is perfectly explainable and reasonable based on the evidence and data of gthe ecosystem. Let us not forget BTC is a finite amount, more people are going to increase demand/price, if you think this is a bubble... you haven’t seen anything yet. The TOS are sketchy and a point of concern but there are two things to keep in mind- It was necessary to word it that way, and the market clearly doesn’t care. If they had worded it that they will redeem no matter what, they would have money launderers flocking to the service (bogging down resources), plus law enforcement knocking. Tethers weren’t created to get $ in/out of crypto but to provide a safe haven and liquidity on exchanges that don’t use USD. And I would say they are working perfectly. Very few are withdrawing USDT for USD. I think it is precisely because of what the co-founder of tether refers to here (and below)… “If you want to convert USD₮ into fiat currency (or vice-versa) at tether.to, you must go through the whole “aggressive” KYC/AML process and get verified. I’ve heard from many who tried and were unable to provide sufficient documentation. Tether’s KYC/AML policies were written by experienced compliance officers and it’s critical that it be done properly and with diligence. It really is about “knowing your customer” and making sure that their uses are legitimate.” This is a perfectly reasonable explanation why people are not lining up to cash out of Tether, and also why large/reputable institutions can (exchanges, investors, etc.). TETHERS REPLY TO ALL THIS, PLUS UPCOMING AUDIT https://tether.to/tether-update/ Now ask yourself this, would a company that is operating fraudulently have a roadmap of all these new features that no one will ever use if they don’t provide these promised audits as they say they will by the end of the year? So as of now they have enough runway until the end of the year. I say we give TetheFinex the benefit of the doubt. While Tether could be operating fractionally (so to could any exchange in crypto btw), there is no proof or evidence of it today. It trades at normalized rates. You can’t just create 100’s of million of dollars without the marketing realizing somewhere. Sure, you can say this is a confidence game, but so is crypto, so is the USD, so is the concept of money. I see no reason to be more concerned with this risk than the already risky environment we trade in with exchanges. WHAT IF I”M WRONG? CRYPTO WILL IMPLODE! No it won’t. Sure there will be a dip maybe even a correction, but there are only 395 million Tethers. People will get out of Tether even at massive discounts (until $0) into crypto because they can’t get USD, but not more than the 395 million tethers circulating (at this time). At a certain discount people will understand what is going on and stop trading for Tether. BTC + ETH is worth over $100 billion, how many time does the entire amount of USDT have to turn over to cause a massive crash? What will get hit the hardest are the people left holding tether (if/when they implode) and Trex/Polo/Finex. To think Polo/Trex would rely so much on USDT that they didn’t fully vet it is absurd as well. Whats more likely, Polo/Trex’s due diligence or this @Bitfinexed person based on conjecture? I’ve already seen a Forbes contributor try and get ahold of Bitfinexed on twitter. https://twitter.com/laurashin/status/894437272241569792 Could I be wrong about all of this??? Of course, but, I feel I have provided more evidence than the other side. You are the Judge :) USEFUL INFO Some from u/udecker - Tether co-founder Tether.to is who has the backing for the token, not Bitfinex. Bitfinex is a customer of Tether. If Bitfinex wants more Tether, they make a request to Tether, just like all other Tether customers. Tether waits for USD to show up, and when it does, creates the necessary tethers and credits Bitfinex. They both have Tawainese banking so money can flow back and forth easily. (The banking industry in the country of Taiwan are under scrutiny lately because of larger legal issues not involving crypto, but clearly affecting crypto companies) https://wallet.tether.to/transparency Tether wasn’t designed to be a profit machine. It was designed to be a utility for the crypto community to provide a stable token (with all the benefits of this). Tether’s business model is this: 1. Generate fees from wire deposits and withdrawals and conversions. 2. Interest income on the reserve. Bitfinex’s parent company owns a 20% stake in Tether. People say Tether isn’t being burned. But they are being recycled which is/was always an option. I hope we can have a productive conversation around this without the usual Gox 2.0, sell it all, Bitfinex is the anti-christ comments with no substance. Give us your opinion and perspective because maybe I am missing something… but, maybe you are too. This was quite time consuming (just ask my kids and boss, lol) So if you found this info helpful you can donate if you’d like here, if not, no biggie smalls :) ETH - 0x0181D1C82229BAD741BB6c302ae523aE6DC9a1EE BTC - 14Wz4SCuKwa81UBh1U7mcaCTxMsYLLuGZK BCH- 16uby9gW79tjn5guQG8v5mTsdu6V6cYyKF
EDIT: I realize this is long, but I feel it's important to have this info out there. Maybe save it for later when you see this narrative being pushed around so you can come back and get the other side. EDIT 2: TL:DR - Most negative analysis on this sub lately of Tether are likely from a single biased source that stretches a lot to make his points, and there is simply not enough Tether in the market nor is it concentrated enough to create a catastrophic problem or significant inflation for any USDT currency pair. Like many of you, I have heard the stories and posts about the fraudulent tether, I trade in this space on many exchanges and the growing concern is worrying, so I did my due diligence, and I would like to share it with the community. First and most importantly IMO, all this controversy stems from just one account/person. A person on twitter going by the handle @Bitfinexed - https://twitter.com/Bitfinexed Here you can see this person's writings - https://medium.com/@bitfinexed/latest Spoofy, Tethers and institutional investors are what they contend to be the lies and fraud, AND that this entire rally in 2017 is based on fraudulent Tethers and spoofing, and that this will implode the markets. I feel this is also important… Turns out this person sold at $1000, maybe the real reason he is on this mission??… https://twitter.com/whalepool/status/896460700461277185 Now for some troubling info, the majority of this narrative (FUD??) here on Reddit in the last month come from just three accounts. https://www.reddit.com/useAtlasRand1/submitted/ https://www.reddit.com/usecetusfund/submitted/ https://www.reddit.com/useAnythingForSuccess As you can see these accounts entire mission is to post constantly about this. They all show up on the other’s post to comment regularly. Btw, some people on the pro-finex side think this is a smear campaign from other exchanges. I don’t believe this to be the case. This person(s) only talk about TetheFinex, yet Tether is used and traded by the $millions daily on 3 of the top 5 exchanges, Finex, Bittrex, Polo, yet never a word about those other exchanges. (Check the USDT volume on other exchanges) https://coinmarketcap.com/assets/tethe#markets Therefore, if it is an exchange, it isn’t Trex/Polo because this would affect them as well. If it was an exchange other than Trex/Polo they would have plenty of fire power against 3 of the top 5 exchanges with Tether fraud. This leads me to believe it is most likely a sad person(s) with an ax to grind. They might have lost their $ on Finex to what they believe are spoofers/fraud and or they were part of the finex hack and sold there BFX too early. Btw I see contention that Bitfinex did NOT pay back the $ from the hack. They did, but some people are mad because they sold BFX early and didn’t recoup full $ amount from haircuts, but that was their decision. ~ POINTS OF CONTENTION SPOOFING This is what set my alarm bells off about these articles I read from Bitfinexed. Specifically spoofing… https://hackernoon.com/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4 and this nugget…“And who the hell is going to go margin long so dramatically after a huge crash?” from this article… https://medium.com/@bitfinexed/are-fraudulent-tethers-being-used-for-margin-lending-on-bitfinex-5de9dd80f330 Claiming spoofing shows this person has limited markets/trading knowledge. Clearly they haven’t watched an order book of any exchange in crypto, equities, or Forex. This is called scalping or scare walls. Again this is done in every market around the globe. Here is a professional FOREX trader talking about scalping, how it works, who/why they do it. https://www.youtube.com/watch?v=EYMIPmgRb_M&list=WL&index=94 TL;DW - they do this to get the price where they want it because they know people are watching the order book (the video is quite enlightening), and the key point that keeps this from being an illegal activity (on regulated exchanges) is THAT THEY DO MAKE TRADES FOR THOSE SIZES eventually. This doesn’t always work and they get stuck in these positions. Risk/reward. The ironic part about this spoofing idea is Finex is one of the few, if not only exchanges, that offer hidden orders. So people trying to scalp always have to worry if there is a monster hidden order lurking. Go to the UPDATE: AUGUST 7TH of this story and watch the video he claims proves spoofing and Phil Potter admitting it in the voice over. https://hackernoon.com/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4 I see nothing wrong with what Phil says and no proof of anything in the video. Again this is true on every exchange trading anything of volume in the world. People with large amounts of money move markets, oh the horror. I “technically” do this when I place an order and pull it for whatever reason (scared, mistake, etc.) just not in large sums, but I would if I had large sums. “And who the hell is going to go margin long so dramatically after a huge crash?” The crash they are referring to is from the early June ATH to the mid-July correction. A 45-day crash? Well, I am one of those people that went margin long. And many many others who read charts, resistance, support, retracement info. Again, this smacks of someone who doesn’t know what they are talking about. REASON FOR PRICE RISE/BTC GOES UP WHEN TETHERS ARE CREATED This is absurd. This completely negates everything else, the Japanese currency ruling and them entering the market, Koreans coming into the market in a huge way (they now have the largest exchange by far with close to a Billion traded DAILY, oh and they don’t use Tether at all), the successful hard fork, or the more (positive!) interest from the media and people than ever before in BTC history. Instead, we are supposed to think that $395 million dollars of tethers are the reason for this rise in a $160+ Billion market cap.  C’mon people! Look at that volume for the last 30 days. https://imgur.com/a/vKJ5g Also, the overwhelming majority of trade does not exist in Tether but KRW, CNY, USD, JPY. Tethers are usually created when extra liquidity is needed, be it a crash or a spike. Because more people are trading. They try to prove Tether boosts the market with this picture in their article. https://imgur.com/a/274SE The problem is 2 of the last 3 tether dumps coincide with a downturn. In fact, there is nothing in this graph that proves this theory. Also, the last tether dump/price rise coincides perfectly with the news of the majority of miners signaling segwit2x for the first time (search bitcoin or btc around that date). So do you think the market traded billions of $ at that time because of a $50 million Tether dump or because for the first time in YEARS a solution and path forward became visible?? THEY DON’T HAVE BANKING//NO INSTITUTIONAL INVESTORS/FAKE TETHERS-TERMS OF SERVICE In regards to banking, clearly they have some kind of banking and a way for large amounts of fiat to get in and out. The banking is not for you and me but for regional bitcoin exchanges and other large customers. You know how I know this? If they didn’t the internet would be flooded with Finex withdrawal issues, there would be a price premium on Bitfinex compared to other exchanges, just like Mt. Gox had for so long and also Bitfinex earlier in the year when the banking issues started. This article explains it very clearly (seriously read this article), it has nothing to do with this controversy, just the banking issue in April. https://medium.com/@Austerity_Sucks/why-bitfinex-went-from-a-premium-in-its-crypto-usd-pairs-to-now-a-significant-discount-e7be193d7cb0 TL;DR - All of the imbalances discussed (Finex premium) have been a result of USD frictions into Bitfinex. It has been a chain reaction resulting from the initial freeze to the various gradual withdrawal options. As soon as Bitfinex conclusively addresses the USD flow issues, the crypto pair prices will normalize (which they did) with other exchanges that don’t have banking frictions and USDT price will return to par (which it did). The premiums on Finex and Tether are what would prove something is wrong, yet they are not here. Surprisingly Finex has been at a discount to GDAX and GEMINI recently. Meaning people are willing to take a loss on prices to be able to lend on Finex. This too will normalize as people/bots arb. Aug 9th… From “arguably” bank fraud https://twitter.com/Bitfinexed/status/895339675120013313 Aug 22nd…. To “admitting” bank fraud https://twitter.com/Bitfinexed/status/900230917196836864 Listen to that audio in the second link, listen carefully. His explanation is perfectly reasonable. Banks don’t work well, consistently, or at all with crypto related companies (marijuana companies too for that matter) especially in jurisdictions that are outside US/Europe. Surprise surprise, this is nothing new. When they find out customers, deposits/wire are cryptos related they pull the plug (a reason why Trex/Polo don’t mess with USD). Also, they gave their customers a haircut, probably a lot of complaints about the hack to Wells Fargo and other banks. These are the correspondent's banks, not Finex’s, they have banking. This is how they can receive large institutional deposits and withdrawals. Which I bet make up the majority of the fiat deposits and withdrawals. Classic 80/20 business rule, 20% of your clients are providing 80% of the liquidity plus you are having banking issues (which is expected in crypto-land), so you cut this service to the 80% saving time/resources/headaches for the 20% loss in a single service to them (no fiat withdrawal/deposits- but crypto flows in and out with ease). Again if they weren’t able to get money in and out there would be a premium, there would be a long line of complaints online. I have no reason (or proof) to believe that money is NOT coming into/out of the exchange. It makes total sense too, they are the best lending platform, have one of the most liquid exchanges, and have by far the most reliable and best software/servers/UI/order options. You cannot deny this fact, they are constantly a top 3 exchange in volume, even after a hack. I use Finex (as well as others) because of all those things. Also, they have already been hacked, a second hack seems less likely (IMO, they have more to lose with another hack). They have many big events on the horizon (Ethfinex). Would a company be putting resources into these things if this is all fraud or an exit scam? I find that unlikely. Is this 100% full proof? Of course not, nothing is, especially in crypto, just my reasons for trading there. Institutional Investors - https://medium.com/@bitfinexed/are-legitimate-institutional-investors-really-coming-onto-bitfinex-s-platform-i-don-t-think-so-cb4ed5175092 Here is what this person doesn’t comprehend, what if these institutional investors are… you ready… here it comes… other exchanges that use Tether, as well as other crypto related businesses. It is only $395 million Tethers. These exchanges (Trex, Finex, Polo) are printing money. This isn’t “someone” with 100’s of millions of dollars as the article suggests, it’s many people with millions/thousands of dollars. Again this all ignores the fact that many more people have entered the ecosystem this year. This is proven by Coinbase growth, transaction growth, and exchange growth (both in volume and # of exchanges), and growth in crypto-related sub-Reddits. Yet Bitfinexed is shocked that lending hits ATH’s, but it is perfectly explainable and reasonable based on the evidence and data of gthe ecosystem. Let us not forget BTC is a finite amount, more people are going to increase demand/price, if you think this is a bubble... you haven’t seen anything yet. The TOS are sketchy and a point of concern but there are two things to keep in mind- It was necessary to word it that way, and the market clearly doesn’t care. If they had worded it that they will redeem no matter what, they would have money launderers flocking to the service (bogging down resources), plus law enforcement knocking. Tethers weren’t created to get $ in/out of crypto but to provide a safe haven and liquidity on exchanges that don’t use USD. And I would say they are working perfectly. Very few are withdrawing USDT for USD. I think it is precisely because of what the co-founder of tether refers to here (and below)… “If you want to convert USD₮ into fiat currency (or vice-versa) at tether.to, you must go through the whole “aggressive” KYC/AML process and get verified. I’ve heard from many who tried and were unable to provide sufficient documentation. Tether’s KYC/AML policies were written by experienced compliance officers and it’s critical that it be done properly and with diligence. It really is about “knowing your customer” and making sure that their uses are legitimate.” This is a perfectly reasonable explanation why people are not lining up to cash out of Tether, and also why large/reputable institutions can (exchanges, investors, etc.). TETHERS REPLY TO ALL THIS, PLUS UPCOMING AUDIT https://tether.to/tether-update/ Now ask yourself this, would a company that is operating fraudulently have a roadmap of all these new features that no one will ever use if they don’t provide these promised audits as they say they will by the end of the year? So as of now they have enough runway until the end of the year. I say we give TetheFinex the benefit of the doubt. While Tether could be operating fractionally (so to could any exchange in crypto btw), there is no proof or evidence of it today. It trades at normalized rates. You can’t just create 100’s of million of dollars without the marketing realizing somewhere. Sure, you can say this is a confidence game, but so is crypto, so is the USD, so is the concept of money. I see no reason to be more concerned with this risk than the already risky environment we trade in with exchanges. WHAT IF I”M WRONG? CRYPTO WILL IMPLODE! No it won’t. Sure there will be a dip maybe even a correction, but there are only 395 million Tethers. People will get out of Tether even at massive discounts (until $0) into crypto because they can’t get USD, but not more than the 395 million tethers circulating (at this time). At a certain discount people will understand what is going on and stop trading for Tether. BTC + ETH is worth over $100 billion, how many time does the entire amount of USDT have to turn over to cause a massive crash? What will get hit the hardest are the people left holding tether (if/when they implode) and Trex/Polo/Finex. To think Polo/Trex would rely so much on USDT that they didn’t fully vet it is absurd as well. Whats more likely, Polo/Trex’s due diligence or this @Bitfinexed person based on conjecture? I’ve already seen a Forbes contributor try and get ahold of Bitfinexed on twitter. https://twitter.com/laurashin/status/894437272241569792 Could I be wrong about all of this??? Of course, but, I feel I have provided more evidence than the other side. You are the Judge :) USEFUL INFO Some from u/udecker - Tether co-founder Tether.to is who has the backing for the token, not Bitfinex. Bitfinex is a customer of Tether. If Bitfinex wants more Tether, they make a request to Tether, just like all other Tether customers. Tether waits for USD to show up, and when it does, creates the necessary tethers and credits Bitfinex. They both have Tawainese banking so money can flow back and forth easily. (The banking industry in the country of Taiwan are under scrutiny lately because of larger legal issues not involving crypto, but clearly affecting crypto companies) https://wallet.tether.to/transparency Tether wasn’t designed to be a profit machine. It was designed to be a utility for the crypto community to provide a stable token (with all the benefits of this). Tether’s business model is this: 1. Generate fees from wire deposits and withdrawals and conversions. 2. Interest income on the reserve. Bitfinex’s parent company owns a 20% stake in Tether. People say Tether isn’t being burned. But they are being recycled which is/was always an option. I hope we can have a productive conversation around this without the usual Gox 2.0, sell it all, Bitfinex is the anti-christ comments with no substance. Give us your opinion and perspective because maybe I am missing something… but, maybe you are too. This was quite time consuming (just ask my kids and boss, lol) So if you found this info helpful you can donate if you’d like here, if not, no biggie smalls :) BCH- 16uby9gW79tjn5guQG8v5mTsdu6V6cYyKF
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