I believe half of the Bitcoin's value is from Tether printing those USDTs. Don't take me wrong but it's a fake pump going around.
I would love the crappy shit to get rid of Bitcoin so that it can again be decentralized.
You don't seem to be a very deep thinker, ImThour.
In other words, your theory of bitcoin's value seems pretty lame, and ill-thought-out.
In some sense, your comment could be read to be proclaiming that if Tether were to not exist, bitcoin would ONLY be priced at about $23,500 - in the sense that there might be some correlation between overall value and price or did you want to complicate your theory further by explaining some other angle of what you might mean?
Perhaps you wanted to say that bitcoin's pump from $29k to $47k would have only risen half as much if there were not any Tether, so we would have ONLY reached $38k rather than our current $47k price? That?
Or maybe you are just worried because you either did not buy enough BTC when prices were quite a bit lower (such as lower $30ks) or you sold too much BTC too soon, and you are hoping to buy back?
The sell too much too soon is not an uncommon mistake.. especially for newbies trying to consider that they are smarter than to go with more straight forward BTC accumulation practices.
It's possible that you may well get screwed up the ass if you are hopening for BTC prices to go back anywhere into the mid to lower $30ks..
May well not happen (but you never know in bitcoinlandia.. are you feeling lucky, punk?.. hahahahaha).
Another angle is that maybe you should just save your explanation anyhow to the extent that you might have any kind of explanation in your back pocket that might make some kind of senses, because what you have said so far seems both dumb and largely fantasy landia because Tether already does exist and has existed for well over 7 years, and tether is NOT likely to be going away anytime soon, so makes way the hell more sense to be theorizing our bitcoin world and our bitcoin value/prices that includes tether as a part of the picture rather than fantasizing about if tether were to not exist.. blah blah blah... and baloney fantasy pie in the sky ideas in that direction.
Oh gawd.,. what are some of these recent FUDding of Tether theories that we dealing with here, folks?
ok. ok. I will settle down.. there are always a mixture of good ideas in this thread and lame-ass detached from reality (or maybe pushing a disinformation agenda) ideas, so not that ImThour is further out there than someone like jupiter9, right?
There's some humor for you.. jupiter9... hahahahahaha..
Where is that nice boy, in recent times?