Realistically, if this thing pops, how far would cryptos fall?

realistically, if this thing pops, how far would cryptos fall?

like 3k btc

Well someone fucked up and used the freshly minted tethers and bought the orderbook

to the fucking ground

>thinks tether can pop
>doesnt see the 6 grillion buy orders at .99 cents

This will never fuck up, besides a random exit scam

screencapped

they'll get audited by an actual accounting firm and the scam will be exposed

8 hour and you will find out.

Tether can only be sustained with infinite growth. Every time BTC goes down, hundreds of millions of fake USD are injected into the market. This type of poison in the well was what led to 2008.

90% easily

i'm just going to ignore it and hope it goes away.

agreed

It would be better since there wouldn’t be a ton of the market waiting for shit to drop they’d just put it in something else like eth

>ranodm scam coin falling
>crashing all of cripto
LAMO

THE BIT SHORT

supply is 1.6 billion . so your fags theory is there is Not 1.6 billion real usd in tether. I don’t get the conspiracy

If tether was used to buy coins cheap and sell them high then not far at all.
There's only about 2b tether in the market so still not far, but further than the first case.

Look at the BCash fork. That was essentially money out of thin air into the economy.

This is like fiat.
If it just plateaus or crashes now, big deal, nobody cares and maybe a 10 minute dip when some chinks jump off buildings.
If it keeps going then it could be dangerous.

We must suffer for our sins

2 Billion tether ok. still don’t get the conspiracy. there is definitely more Money in the market from various currencies and mined coins than 2 billion usd converted to tether.

Hold on a second, can't Tether be used for tax evasion.
I was just thinking about this in the other thread.

Because there's a trading pair of USDT with everything, and that would bring all the prices down as everyone tries to cash out.

They wont release their tax returns

There is way more than 2nilion tether.

Somewhere around 25B total market cap, It would be an absolute Apocalypse but the strongest projects would obviously survive.

People are going to lose even more money trying to catch the falling knife and not ever knowing when the bottom will come.

Fck tether. Next month we are getting JIBREL it'll take myjor part of tether's market. In future overtake tether position.