No one is going to buy your bags now

The reaction to the Bitfinx/Tether scandal from normies on Hacker News is devastating.
This incident confirmed, for those few still in doubt, that this space is nothing but ponzi schemes, pyramid schemes, and exit scams propped up by empty hype and fake volume.
The real mystery is why Tether hasn't collapsed yet.

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That‘s bullish as hell

It really isn't. Crypto is a Wild West mess. No stability, barely any adherence to law. No one wants to put money in anything like that until something has real stability and government support, that's just how it is.

You do know it was a fiat bank that fucked up and forced finex to take tether resources ?

Normies have no clue what Bitfinex is.

>we're no strangers to FUD
>you know the shills and so do I (so do I)

Absolutely incorrect. What does that even mean?

I'm amazed the shill, fud, and brap posters here have carried on over the past few days as if nothing happened.
Don't you realize two of the last remaining pillars of crypto respectability are collapsing before your eyes?

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>faggot early adopter

cope
everyone knew bitfinex was fraudulent and insolvent by mid-2017
the market has priced in normalfag retardation. sorry you fell for the tether fud meme isn't a meme and everything is going to collapse now meme, but we're not going down further and that short of yours might get liq any moment. best take your losses and wait for the mtgox dump