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FedChain is getting close, $TBTF token is the next big thing!
Guys who heard about SIB Coin? SIB Coin is russian old blockchain, genesis block dating back in 2014, called SIBCOIN is rising like crazy.In last 7 days SIB Coin is up 1200%. About Sib Coin-This POW (Point-of-work) coin become popular because you can mine or run a node.
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Others have said it better but , communities are for suckered to feel better. Like PEPE and SIB ,they all still say " to the moon !!" and they are both down like 70% so HODL PEPE HODL !!
JPMC is already doing it with banks in India. From a risk perspective any G-SIB bank is under far more regulatory scrutiny than Ripple, especially from a reserves/potential fraud perspective.
I’ve been accepting BTC at my school for almost a year but nobody has paid with it yet. There were some companies that accepted BTC for a while, like ‘BIC Camera’ I don’t know if they still do. SIB bank is pretty involved with another coin I’ll probably get flagged for mentioning here. I think a lot of people don’t know much about BTC yet, although they’ve probably heard the name.
Not going to happen. The FED has literally printed trillions to fund SIB banks balance sheets while essentially making interbank lending so heavily penalized it's illegal while pulling more USD out of the system than anytime in history. Lowest velocity ever. People wondering why China's real estate market is collapsing? The FED has closed foreign dollar swap lines. Bye bye country garden and Evergrande
Basel committee on banking supervision defines rules for bank to follow in terms of risk management. It is an international standard applying to all banks in the world and each country chooses how it should be applied on their territory. It is one of the first thing Trump made on his mandate to limit the application of these rules to solely G-SIB banks, leaving SIB and local banks able to make business without enforcing any risk management.
The FED raising rates quickly to bail in regional and mid sized banks that have most deposits. Only systemically important banks balance sheets matter to the FED. Post 2008 FED encourages banks to hold long duration treasuries, then they jack rates faster than they ever have before. Mid sized banks don't have the infrastructure for interest rate swaps to deal with it try to sell treasuries on open markets have a short fall then cry to a SIB who then comes and picks the carcasses clean there by shoring up the balance sheets of systemically important banks. Stealth bail in collapsing crypto is icing on the cake.
It's not intentionally collapsing crypto. It's raising rates quickly to bail in regional and mid sized banks that have most deposits. Only systemically important banks balance sheets matter to the FED. Post 2008 FED encourages banks to hold long duration treasuries, then they jack rates faster than they ever have before. Mid sized banks don't have the infrastructure for interest rate swaps to deal with it try to sell treasuries on open markets have a short fall then cry to a SIB who then comes and picks the carcasses clean there by shoring up the balance sheets of systemically important banks. Stealth bail in.
> **Credit Suisse, a 167-year old bank which was considered a global systemically important bank (G-SIB) subject to high standards for capital, funding, liquidity and leverage requirements has just written off to zero $17 Billion in tier one bonds** Credit Suisse calling Bitcoin a bublle and selling ponzi shitcoin tokens
> Belgian has got it right Turns out that a 167-year old global systemically important bank was also selling ponzi shitcoin tokens > Credit Suisse, a 167-year old bank which was considered a global systemically important bank (G-SIB) subject to high standards for capital, funding, liquidity and leverage requirements has just written off to zero $17 Billion in tier one bonds.
Probably even more than that. But if the government isn’t going to backstop uninsured deposits at a regional bank then absolutely no one is going to keep uninsured deposits at a regional bank. You’ll see a massive concentration of deposits at SIB banks and we’ll go from a nation of thousands of banks to a handful. That’s a big deal.
He knows the cat cant come out of the bag. If a precedent gets set that money in the bank is treated as unsecured credit not liable to be returned you get a bank run across the whole banking sector. If youre not a SIB (systemically important bank) you likely cant survive
So are you backing up your opinion w any research , dd , or anything more than a chart and list from G SIB (which is no kidding , a global important bank)?
Credit Suisse is a tier 1 G-SIB (globally system important bank). If they are doing something that is causing them to bleed, all the others are doing it too. In 08 the big boys got together and CHOSE to sacrifice Lehman and Bear Stearns, because without sacrificing them, all of the banks would have collapsed under the weight of their derivative exposure. So you have to ask yourself, if you are banking or holding funds at any of these, who will be on the altar when the next sacrifice has to be made? Choose wisely.
Guys who heard about SIB Coin? SIB Coin is russian old blockchain, genesis block dating back in 2014, called SIBCOIN is rising like crazy.In last 7 days SIB Coin is up 1200%. About Sib Coin-This POW (Point-of-work) coin become popular because you can mine or run a node, They are labeled the “Peoples Money”, Keeping your payments private so nobody can track you, Payments are received instantly by the other party and secured by Advanced encryption and a 2-tier network, Their fees are much lower than banks or credit cards, often even free. Sibcoin has actually been around since 2015, so we don’t have to worry about a rug pull like these other new tokens.It even hit over $5 in the 2017-2018 crypto bull run.Today it sits at a fraction of that still, around $0,15. It's traded on yobit and bittrex, so obviously there is no caution of being able to sell.
https://www.newegg.ca/p/0X6-077B-00011?Item=9SIB5S2GRH0516&Source=socialshare&cm_mmc=snc-social-_-sr-_-9SIB5S2GRH0516-_-02252022

Not quite as ridiculous as SIB to 0.01
As someone who is new to crypto, here is my plan. Last week I decided to invest $2000 into crypto. Based on the information I read, I wanted to tier my investments based on my risk tolerance, allowing for a low investment on what I thought was the highest risk. Ultimately, I settled on: $1000 in BTC, $500 in ETH, $300 in SOL, $100 in DOGE, and $100 in SIB. Based on today's prices, the only one that is in the money is SHIB. But I'm not going to change my allocation, because I don't feel my risk has changed. I still need to figure out what my future periodic investments should/could/would be, but I feel that's a different conversation I need to have with myself. Basically, I can afford to invest $$ NOW. And then I can afford to invest YY LATER/PERIODICALLY. I need to be ok with potentially losing ALL of that, just with any investment, but I think having a tiered allocation will help mitigating the risk. In short: Tiered investments based on risk acceptance.
Lol, they do not know anything. I cannot understand that people promote SIB and DOGE. Where are the real decent projects like Chainlink, Tezos etc.? People are like sheep....
When things look bleak I remind myself: at least I don't own any SIB.
Bitcoin is great but it has issues with high volatility and it does not give yield. If you held a lot of bitcoin during the bear markets that lasted years you may of had to sell it at those low prices. Ndau fixes this. Ndau was created by early bitcoiners that had experienced bear markets. They designed ndau as an inflation hedge that reduces volatility and they do it in very clever ways. Ndau is not competing against bitcoin as permission less cash it is providing a stable long term store of value. How does it provide a stable long term store of value? I will tell you. * **No premine:** Most crypto projects founders own a bunch of tokens (see XRP) and can dump them into the market any time they like, pushing down the price (aka rug pull). All ndau not in circulation is only released at new price intervals along the adoption curve at 1,000 ndau increments from the Axiom foundation. In other words, new ndau only enters the market when there is demand. All ndau in circulation was purchased by holders and the funds sit in the endowment that is similar to a reserve used as a purchaser of last resort. * **Stabilization Incentive Burn (SIB) (the stick):** If price is greater than 5% below the next issue price, price interval above the all time high in which new ndau will be available to from the Axiom foundation, then SIB kicks in. SIB is a penalty charged to any transaction that sends ndau to an exchange wallet (exchange wallets have a prefix identifying them as such). The SIB can range between 0 and 50% depending on how far the market price is from the new issue price. Ndau is burned from existence during SIB, it is deflationary, reduces supply and makes all existing ndau more valuable. * **Ecosystem Alignment Incentive (EAI) (the carrot):** Ndau that sits in wallets is rewarded with up to 15% interest, this is paid with inflation but has a hard cap of 40 million, 30 million from Axiom foundation that are released along the curve and 10 million that are paid out as interest in EAI. Its equity in the ecosystem that will eventually cap out though not any time soon. Up to 10% EAI is paid out for simply having ndau in an ndau wallet. Ndau on an exchange does not get EAI but is also not subject to SIB. Up to 15% can be earned by locking ndau. * **Locking ndau (staking):** You can stake ndau from periods of 6 months to three years by simply clicking a button in the wallet with zero technical knowledge needed. The longer it is staked the higher the interest, up to 5% for three years on top of your 10% EAI. It is paid out as EAI. Locking reduces supply which increases the buoyant nature of ndau. When ndau is locked the interest compounds every second and can either compound in the wallet until unlocked or the interest can be paid out to an unlocked wallet that is paid out automatically on a daily basis. If all 30 million ndau are released from the Axiom foundation the price per ndau would be around $250,000. This may never happen but the beautiful thing about ndau is with EAI it never needs to happen. 15% EAI lock is a greater return than most real estate returns and dividends from equities. If ndau doesn't even move from its current price but remains stable it can produce phenomenal and very liquid returns.
This whole SIB is now only about ETH.
😂😂 