>30mill tether brought btc
>tethers equity are now negative due to 30mill
>tether staff in part with owners of Bitfinex
>nobody can withdraw USD from Tether since april
>Bitfinex has investments in Blockstream
I'm the guy that invested into BCH, several days before BCH bull run. I'm out of BTC best of luck to you user. This is going to rival Mt Gox
Yes please be real
Please ELI5 this for me
> will this bring BTC drop to $0 or correct to 4-5k and stand still
> will I lose my alts from Bittrex
> should I go into BCC
not to mention of no audit so its anyones guess as to how much is negative....money goes to some mystery wallet....
btc rn at this very moment = 8k$
suck a veiny dick faggot poor op
I would get the fuck out from every exchange and just keep your coins on their respective wallets. Bittrex is one of major holders of USDT. I'm currently withdrawing every single coin from bittrex/bitfinex. When this whole tether bullshit comes out as a truth exchanges will be on fire. It's a good idea to invest into decentralized exchanges too.
>nobody can withdraw USD from Tether since april
citation?
no body cashes tether into usd anyway. its a tether for btc and alts...
demand for tether is created by increased number of margin positions. every single tether that goes noto bitfinex is backed by someones eth or btc they putting up for leverage.
Real USD is the safest bet you right now. BCH if you're brave. Or stick with BTC if you want to become a phoenix.
How much of BTC's market cap comes from Bitfinex's tether?
You can't back up tether with BTC or ETH.
That is fraud. The claim is that tether is 1 to 1 w/ usd, not "we have a bag of other currencies that are really volatile but we can crash the market worst case scenario to make sure you get paid"