/biz/ - Business & Finance

Anonymous Wed Dec 30 04:16:17 2020 No.25309096 [View]
File: 174 KB, 1080x831, IMG_20201230_010214.jpg [View same] [iqdb] [saucenao] [google]

>>25308229
How is Tether FUD real? Let me just get a random whale from whale alert. There. 200 million moved just like that. If he decided to Tether instead that Tether has to come from somewhere. People panic when 200m Tether are printed but when 200m Bitcoin are moved around and sold it's normal.

And even IF Tether turns out to be only 70% backed, it would cause Tether to crash. Not to 0 but to 70%. It would mean people would learn to look into decentralized Stable Coins like DAI or sUSD. Maybe it causes a temporary dip cause the Tether FUDDERS get shaken out but overall nothing would change honestly. Binance would have to restructure their derivatives market

>>	Anonymous Tue Dec 29 19:07:31 2020 No.25296982 [View] File: 174 KB, 1080x831, IMG_20201230_010214.jpg [View same] [iqdb] [saucenao] [google] Bitcoin dump coming

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