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Topic: Breaking News: Tether , a problem or just FUD... (Read 899 times)

full member
Activity: 1708
Merit: 125
www.positivebetting.com
as soon as you receive the first profit, you will always learn more and in the end you will get a lot of experience

I am not sure what you are trying to say here in relation to my thread.
newbie
Activity: 36
Merit: 0
as soon as you receive the first profit, you will always learn more and in the end you will get a lot of experience
jr. member
Activity: 378
Merit: 3
Tether is difenetly a big problem for Bitcoin growth and lot of Fud created for new investors market may move up and down create voality
full member
Activity: 1708
Merit: 125
www.positivebetting.com
the truth is that there has been a problem since it left no one who controls that but who has been linked to the fall of bitcoin and bitfinex must be aware when they enter a market to get out we have to devise a way to get them out of the cryptocurrencies of so that they do not affect us because there are ill-intentioned people to manipulate the market at will



Hopefully the truth will come out, whatever it is.
member
Activity: 251
Merit: 10
the truth is that there has been a problem since it left no one who controls that but who has been linked to the fall of bitcoin and bitfinex must be aware when they enter a market to get out we have to devise a way to get them out of the cryptocurrencies of so that they do not affect us because there are ill-intentioned people to manipulate the market at will
full member
Activity: 714
Merit: 117


There is something worse. Even though the evaporation of 2B$ is quite irrelevant in the whole, people would start to rightfully claim that the rise of Bitcoin to ATH had been fueled by non-existent money, and THIS would crash BTC price.

This also brings up another good point. The money is not "non existent" though because it is at the expense of others.

The real problem of this world it that the money is to some extent "non existent" everywhere, the only existing thing is the faith in the value of a currency, take away the faith and you have no currency left. I know what I am talking about. I am Jesus Cryptos.

I didn't realize your name was Jesus Cryptos , now I see the light!

I'm not responsible for the light - that's my dad's business Wink BTW remember the old trick of the multiplication of the bread and the fish? My guess is that Tether is the consequence of a trick of this sort.
full member
Activity: 1708
Merit: 125
www.positivebetting.com
Who else has an opinion on this subject?
full member
Activity: 1708
Merit: 125
www.positivebetting.com
For the full news coverage check out my YouTube Video:  Breaking News: Tether , a problem or just FUD...




Do you guys think this is real? Or do you think that it is just a coincidence that Tether isn't getting an audit.

Tether could be the missing link here. I guess time will tell what is tether up to.

What tether is up to is:

This asshole


And this asshole


Are stealing everyone’s money just like this asshole did:



They were asked to present an audit a long time ago and thought "instead, what if we just print tether to hide the situation" instead of just getting the audit done. Just stupid.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
For the full news coverage check out my YouTube Video:  Breaking News: Tether , a problem or just FUD...




Do you guys think this is real? Or do you think that it is just a coincidence that Tether isn't getting an audit.

Tether could be the missing link here. I guess time will tell what is tether up to.

What tether is up to is:

This asshole


And this asshole


Are stealing everyone’s money just like this asshole did:

full member
Activity: 1708
Merit: 125
www.positivebetting.com


There is something worse. Even though the evaporation of 2B$ is quite irrelevant in the whole, people would start to rightfully claim that the rise of Bitcoin to ATH had been fueled by non-existent money, and THIS would crash BTC price.

This also brings up another good point. The money is not "non existent" though because it is at the expense of others.

The real problem of this world it that the money is to some extent "non existent" everywhere, the only existing thing is the faith in the value of a currency, take away the faith and you have no currency left. I know what I am talking about. I am Jesus Cryptos.

I didn't realize your name was Jesus Cryptos , now I see the light!
full member
Activity: 714
Merit: 117


There is something worse. Even though the evaporation of 2B$ is quite irrelevant in the whole, people would start to rightfully claim that the rise of Bitcoin to ATH had been fueled by non-existent money, and THIS would crash BTC price.

This also brings up another good point. The money is not "non existent" though because it is at the expense of others.

The real problem of this world it that the money is to some extent "non existent" everywhere, the only existing thing is the faith in the value of a currency, take away the faith and you have no currency left. I know what I am talking about. I am Jesus Cryptos.
full member
Activity: 1708
Merit: 125
www.positivebetting.com


There is something worse. Even though the evaporation of 2B$ is quite irrelevant in the whole, people would start to rightfully claim that the rise of Bitcoin to ATH had been fueled by non-existent money, and THIS would crash BTC price.

This also brings up another good point. The money is not "non existent" though because it is at the expense of others.
full member
Activity: 714
Merit: 117
Most importantly how is it going to affect Bitcoin. Is it going to pull down BTC and then whole crypto currency market?
How would ETH fare in this situation?  I am wondering how can Tether with such a tiny market cap of about 2 billion dollars affect Bitcoin who market cap is 175 billion.
What do you guys/gals think?


It certainly isnt good publicly as well though, when people see $2B evaporate they wont want to enter the space. If everyone starts selling tether, others that are not aware or dont evaluate news are going to go " shit bitcoin is selling, we need to sell" and then hell breaks lose.


Although I dont think it is the end of the world, it certainly wont be good.

There is something worse. Even though the evaporation of 2B$ is quite irrelevant in the whole, people would start to rightfully claim that the rise of Bitcoin to ATH had been fueled by non-existent money, and THIS would crash BTC price.
member
Activity: 210
Merit: 10
Not to make fun of you, but if you want to look professional in future videos you might consider closing your bathroom door or changing the angle of your camera Wink

People were being suspicious of tether for some time, but let's say tether is legit and they have all the reserve they're saying we can still see a huge "bank run" that could crash its price simply because of those suspicions spreading. Maybe those who are spreading the news are hoping for a crash to buy more? Not very probable, but we can't dismiss any possibilities. The options that I see are:
1. They will get a decent audit done and deal with it the right way.
2. They will have to deal with the bank run and a possible crash despite the rumors being true or not.

Well, this is the problem with using centralized coins, you need to trust they are doing what they say they are doing and every time we have done that things have turned out wrong not only for a few people but sometimes for entire countries, this is why I find something like tether to be odd to say the least, we have decentralized coins and yet people prefer to store their money in tether.

Its confusing me too why people still trust into centralized coin like tether and store their capital into tether.
There are so many other good coinout there and why tether?
In another case, people always said that they join here because they want decentralized for new currency system but its just writing sentence.
full member
Activity: 714
Merit: 117
I guess Tether can be a big problem. If I am right, an audit to check it it was really backed by dollars has not been allowed. It stinks, and it stinks badly. It can create a major collapse of cryptoccurrencies if the problem is for real.
member
Activity: 98
Merit: 10
I don't trust Tether - I think it could all unravel soon.
full member
Activity: 1708
Merit: 125
www.positivebetting.com
This is a big problem, I do not like the way the market is. What are your thoughts?

Every investor who been invested in crypto dont like this way of the market but its the market, the market is never wrong then we just need to follow it.
The only people who are happy with this situation is people who waiting to buy back at lowest price so they can make huge profit in the future.

Most coins are bad projects though, so what would be more important is educating yourself during this time. Evaluate the coins you have, and make better investment decisions.
full member
Activity: 238
Merit: 102
1st of May
This is a big problem, I do not like the way the market is. What are your thoughts?

Every investor who been invested in crypto dont like this way of the market but its the market, the market is never wrong then we just need to follow it.
The only people who are happy with this situation is people who waiting to buy back at lowest price so they can make huge profit in the future.
full member
Activity: 826
Merit: 111
A recent news on Tether is, investors were buying crypto currencies with Tether instead of US dollars and this is one the reason for the dip in value of last Tuesday (yesterday). Tether has manipulated much on crypto currencies values where only Tether value was in two digit percentage green and other altcoins were completed in red in terms of their growth values. Bit partiality.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Quote
Breaking News: Tether , a problem or just FUD...

Tether indeed is a problem, and the problem is it's own existence and reason of.

Tether, a token that is artificiality pegged to he value of a fiat currency , that can be produced in whatever numbers , that can be manipulated and at the same time lose it's value to zero once bitfinex pulls a gox....a thing like this is an insult bigger than ripple.

Another problem is that even if tether fails and I hope it will, we are going to have a lot of those in the future.
And with that, welcome to the era of the fiat shitcoins!!!




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