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.

Attached: altsprediction.jpg (1080x1409, 725K)

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.

Attached: ExponentiallyDecreasingFunction_1000.gif (366x226, 2K)

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