So you doubled down on the stupid then.

https://forumserver.twoplustwo.com/s...ostcount=32346

Make more price predictions imo.

Hint, very few smart people in this thread make baseless price predictions.

Tether is currently trading at $1

Thanks for the warning!

How much fees do you think usdt generates for kraken?? Bfx?? Tether prolly makes up like 0.01% of their revenue, if that.


Cryptos go to 0 all the time, just ask binance and their delistings. The only ppl who get impacted are the holders/users. Bfx and kraken are completely agnostic to the price of tether. Whether it’s tradinf at $1.0 or $0.2 it has no impact on bfx and krakens balance sheet. It’s all owned by the users.


I’m not arguing that it wouldn’t impact price of other cryptos, for instance

Eh? The information is more evidence that USDT was backed 1:1 until 850m was stolen by crypto capital.

Lol "stolen"

It's just a little fractal. It's still good. It's still good!

I obv know about tether. I'm a bit unsure about the current situation.

What I want to know is who would these "large holders" be that have to support a bailout?

Have the drug dealers switched to tether?


I guess I could see some people using tether instead of BTC for the stability, and now they are seeing why the **** BTC is what it is. No need to rely upon a 3rd party.

These Bitinfex ****s need to be dealt with. I'm guessing some of the tether holders have a little friend to say hello to.


So in essence, anybody thinking they found the safe route by using tether, has now realized they need to use BTC to conduct their business and hold their savings.

Blows my ****ing mind Bitfinex can **** up so bad so many times and still be around.

If tether is being used as a more stable form of digital transactions and it fails, it won't make BTC crash, it will actually have the opposite effect as now anybody who used tehther will either need to use a new stable coin which would just be making the same mistake twice, or use BTC. They will learn why the **** BTC is what it is.


Everyone claims Tether has been holding the market up, when in all reality it may have been suppressing it because drug dealers and terrorists started to prefer tether. It's kind of a joke, but kind of not.

I think if tether went to 0 this would negatively affect bitcoin's price simply because it would create fear/panic. People would complain on social media and investors would be more weary of crypto/bitcoin in general.

Imagine being White_Gatsby getting totally rekt, and still thinking you can predict the future.

He Obviously didnt get rekt from BTC, no way he shorted, i m pretty sure he is still holding a ton of dumb altcoins that rekted him but that s it.

Anyone at Consensus? I'll be there if you wanna meet.

THIS IS ABOUT AS BIG AS IT GETS. As long as they let the seller choose to hold the crypto which is the only thing that would make sense. Easily the biggest event in the history of crypto adoption. Eventually Amazon will have to follow suit. Next thing you know the whole world is using it. All in a flash.


https://beincrypto.com/ebay-to-suppo...m_content=crls

Nice move. Please keep us posted.
(Kidding obv. Nobody gives a **** about your, or anyone else's trades... )

What makes you think people are gonna use it?

Yuan devaluation (and a broader move towards hedging out EM currencies) as a result of the trade war explains some of the recent action, doesn't hurt that more bonds are heading into negative yielding territory as well.

Because it has many advantages over current options. One being easy international payments. Also not having the banks all up in your business constantly.

Not everyone will use it, but certainly as people learn about it and try it, it will spread.

just what ebay needs, a payment method with no recourse... a truly momentous day

It won't work that way

gotta admit, it's nice watching it run again. FOMO is going to start. Is this round two? (round two in my books, I never experienced the other hard crashes and rises)

For the ******ed muppets on here that have a hard time reading!

What you clowns don't understand are markets and how they evolve from bear to bull. It's still not guaranteed yet that we have come out of this bear market, but chances are a lot higher than what they were.

I literally stated exactly what BTC had to do, for me to change my bias, yet some muppets think I am getting rekt

It's happening exactly as I stated. Reading must be hard

Will be shorting this hard, we never breaking 8k! See you at 2k.

Its nice to watch, but there's nothing to do but hold until the next halving.

Although, if you are gatsby you can trade both sides like a boss.

Hold for the next 2 halvings. 2 halvings in 5 years ain't bad.

I feel like if/when ebay starts accepting btc eventually amazon will follow, and if amazon starts accepting pretty much every business will follow once amazon gets on board. Who knows when or how long this will take but i feel like its inevitable at this point just a question of when, til then just keep on hodling and pack my suitcase for the moon.

100% dont follow/research anything involving crypto so im just talking out of my ass on what i feel would make the coins skyrocket in the future. Somehow for knowing next to nothing i feel like im on the same playing field as Gatsby...

Yeah... OK.

Another great read