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Topic: Breaking News: Tether , a problem or just FUD... - page 4. (Read 899 times)

sr. member
Activity: 994
Merit: 257
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.
member
Activity: 85
Merit: 10
it's a shame that there is so much problem with the tether, because it is very useful, but personally I have no confidence
legendary
Activity: 2814
Merit: 1192
 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.
brand new
Activity: 0
Merit: 0
noooooo
hero member
Activity: 938
Merit: 559
Did you see that ludicrous display last night?
Tether's reason for avoiding an audit from Friedman LLP was that it was supposedly taking too long.  By their logic, if something isn't taking a long time, that means that they should stop it from happening altogether.

An audit is obviously going to take a long time for a first-time client who runs a financial service and has never had an audit at all.  If Tether want some people to just check some balance sheets, they can bring in whatever thugs they like.

If Tether were legitimate, they wouldn't be doing so many blatantly shady things.
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?
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.
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