If this is a scam, how low will crypto tank?
If this is a scam, how low will crypto tank?
Blake Morris
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Samuel Moore
Hopefully to 0. The 2017 boom was artificial as fuck
Joshua Smith
Below mining production cost as dip of the dips.
Leo Thompson
$1k to $3k
Gavin Robinson
Tether's not a scam. They cancelled their third party audit and operate offshore because they are so trustworthy they don't need to prove anything.
Jason Sanchez
Tether is the lucid dream
The monster in your nightmares
The Fiend of a Thousand Faces
Cower before its true form!
BOW DOWN BEFORE THE GOD OF DEATH
MADNESS WILL CONSUME YOU!!
Joshua James
>trust us we're so legit that we don't need to prove it
Robert Davis
it will do literally nothing like the last year
Jeremiah Campbell
This is not a scam, $1000 EOY. I invested in this last year and not once has it dumped on me, stay poor fags
Oliver Ortiz
It never does anything
Eli Evans
how many times are idiots gona spew this shit
Mason Lopez
Tether can only have one of two arbitrary values; ~1usd or 0usd. It's not tied to btc/satoshi
If tether tanks, everyone holding will be stuck with a worthless token that can't even be sold, the exchanges using it will shut down in the mass panic, and everyone will panic sell satoshi based coins in an attempt to escape the market volatility. Bitcoin would drop to triple or even double digits because everyone would be trying to escape the market.
Most altcoins and tokens would drop to near 0 and never recover.
Carson Martinez
>t. bitfinex'ed (aka whiny bitch)
Dominic Gonzalez
Pretty fucking low. Binance and bitfinex by themselves have over half a billion dollars daily volume involving usdt. If these funds are suddenly gone, there'll be very little left of the crypto space
Ian Reed
Buy Butcoin for tether? No one will sell Bitcoins for imaginary USD. Tether used by speculators to temporary sell Bitcoin, volume of tether=volume of Bitcoin shorts.
Henry Smith
Trusting a company printing money whenever they want, i bet that that real volume of ALL CRYPTOCURRENCIES dont go over 100m a day
Julian Ward
Backed by 1 USD
So we get 1 USD when it Tanks to 0
Sounds like a E coin bond
Just sits at the same rate
I would like to see this 1 coin to 1 USD accounting
Then I will believe them
Anyone have any info on this ?
Oliver Brown
I think someone would leak information if this is true.
Somebody from Bitfinex, Tether or some of the bankers that handle the business for Tether
Brody Ortiz
Silver futures
Is there silver in a room ready to be delivered to people ?
The bar I drink at is doing a paper and we’re writing a book
Hopefully we will get the Sec to investigate
Come see us at the bar we’re fully nude
Bentley Reed
peeps that mistrust tether will move back into the crypto from whence they came
Daniel Cooper
lets assume that tether study is true, but we dont know
according to that tether study up to 50% of the price gains for 2017 could be tether pumping fake. the final price of 2017 is 15k, it started the year at 1k. so half that for the up to 50% fake tethers and we get 7k.
now draw a line from 1k at the start of 2017 to 7k at the end of 2017. extend that line into the future and we get 50k by the end of the year.
which puts us at 1 million by june 2020 if we keep following that line.
so basically even accounting for tether manipulation, the price of btc is still on a steady rise and mcaffee might not have to eat his own dick
Henry Taylor
Anyone know if TrueUSD is any better than Tether? Thinking about going 50/50.
Robert Howard
It likely is. Its backed by blocktower
Kevin Jackson
Lol projecting past price gains into the future is very sophisticated. I’m 100% sure that will work.
Jackson Turner
triples confirm, it will work