desu senpai if everyone is trying to get out of tether you know what's going to happen to BTC right?
Thats right. over 10k within a few hours. the exact opposite of what the original tether fudders wanted.
desu senpai if everyone is trying to get out of tether you know what's going to happen to BTC right?
Thats right. over 10k within a few hours. the exact opposite of what the original tether fudders wanted.
Wouldn't this mean people backing out of tether into normal coins... Like btc?
BTC pumping was one of the scenarios bitfinexed proposed.
thats my point. btc is now going to go up fast.
you're right, but will it dip more first?
Except buying requires a seller. You can't pump BTC with tether if nobody is willing to buy your tether with BTC.
Okay I'm going to sleep with BTC, goodluck user.
alright lads get very comfy 10k here we come.
But then who would care because the tethers are fraudulent?
the tether on exchanges determines btc's price. if less people are willing to sell for say 8000 worth of tether, btc will go up higher and higher.