If Tether is a scam I have a feeling it will bring down any exchange that uses it.
If you have anything in any of these exchanges that use Tether, you risk losing it all if they go down.
Thanks @everittdmickey
If Tether is a scam I have a feeling it will bring down any exchange that uses it.
If you have anything in any of these exchanges that use Tether, you risk losing it all if they go down.
Thanks @everittdmickey
not will...it has...but it's not the exchanges that took the hit. It was the entire crypto-sphere.
It lost half it's valuation in the last few days.
Half a trillion bux....poof
I imagine the Tether/Bitfinex guys are laughing their asses off.
Laughing while hiding their tracks and evidence, and using their ill got gains to form shells that can be used later. Rinse and Repeat.
Hope I'm wrong though ;)
nope...
the question is will it WORK a second time.
a second question is.
how well have they covered their tracks?
Some of the people who have lost BILLIONS..
might not have a sense of humor.
can you say
'hitman'?
and concrete overshoes..
If they're smart they will pay those people ;)
too late I think
nope...
the question is will it WORK a second time.
a second question is.
how well have they covered their tracks?
Some of the people who have lost BILLIONS..
might not have a sense of humor.
can you say
'hitman'?
and concrete overshoes..
@everittdmickey I don’t know if it was tether FUD.. it all coincided with NYSE dips DOW VIX...
I don’t think tether FUD is priced in yet.
that's bad.