Things are about to get VERY ugly

> he didn't buy at 3K
okay

you dont get it. bitfinex confirmed themselves that tether had 850m seized and are no longer 1:1 backed. what do you think happens when a bunch of people try and capitalize on the abitrage and cash out at the same time? a bank run, except this time the money isnt there to cash everyone out.

a bank run, cashing out of tether into bitcoin, because none of the other fiat-coins are liquid enough, and they can't get USD anymore. unironically bullish

a temporary spike maybe, but I don't think you've thought this through properly

Tether holders will pour all of their money into alts, alts will moon and prevent normies from getting any alt gains when BTC starts moving starting in May.

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sure but as people flee from tether into btc, tether will lose its purchasing power to it FAST. the amount that each tether will pump btc will be exponentially decreasing by the second.

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when everyone leaves tether at the same time, its no longer worth $1. the purchasing power from its ~$3b cap wont go as far as you think, and afterwards there will be a huge panic

I’m close to getting my 10K link in the next few weeks, hope this is true.

tether spikes btc into first week of may. I think by may 7th that's the peak; everybody who's out of tether and into btc is done by that point.
nobody wants shit alts in times of uncertainty

i almost lost hope

where's your lambo smartass :)

i predicted 5k before 2k but this shit just went up and side and up
nearly gave up

why did i go long at 5110

Not so fast, action Jackson. It's bear season!
•̀.̫•́

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pls pump REQ pls pump REQ pls pump req

Load the South Korean FUD, dump it, push it then pump it bitch

Already priced in

Shit, just sell my DERO bags

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I agree with u senpai

in fact tether news is not really important when you zoom out. I already knew that BTC could dump any day because it was exhausted for few days. Then the news came out. Also TA was fucking accurate as fuck.

Everyone could be aware of this.

btw I sold my BTC 1H before the drump at 5400$ and bought back at 5100$. Then sold again at 5300.

Can't wait to buy back under 4500$

newfag here, on coinbase pro the price is $5121 whilst binance its $5295, whats stopping me from just buying on coinbase and selling it on binance?,it cant be this easy there has to be something im missing here..

Absolute brainlet

mansplain the fee structure to us all

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hence why is said im a newfag you double nigger

Because of the tether fud. Everyone swapping their USDT to BTC or going into PAX or USDC

COPE HARDER FAGGOT

Youre not just new. Youre dumb

tether is currently sitting at $1.01 on binance though

haha oh wow

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go tripfag somewhere else

do what i wanna when i wanna
jannie on my nuts
UH

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Alright I'm going to lay it out for you retards.

Coinbase prices their BTC in USD, Bitfinex prices their BTC in USDT.

Currently people are discounting USDT (Tether) from all the recent FUD and saying 1 USDT is only worth about 0.96 USD.
See here: binance.com/trade.html?symbol=TUSD_USDT

Because of this the price of BTC on Binance is really $5315*0.96 = $5102. This is very close to the current Coinbase price.

I should add Binance and Bitfinex both price their BTC in USDT (Tether)