Why isn't tether a bigger thing during corrections? You realize transferring BTC to Tether before a correction and transferring Tether to Bitcoin when it hits the floor is probably the easiest way to make more BTC, right?
>>2621917
>timing the market
Because lazy/coward people like me just hold. Because i bought in early.
>>2621939
Smart people hold
>>2621946
I think im smart too, you can be all that things at the same time. 100x from initial investment in 4 years is great. haven't taken any profits yet tho.
>>2621917
dumb question. why is the price of usdt on bittrex (BTC-USDT) going down? Shouldnt it go up during a crash of BTC?
because you ahve fill out TONS oftime wasting fucking admin / ID stuff to set up the account
>>2621946
No, smart people short. Even if you shorted ETH while holding BTC, you'd still be up 10%.
>>2622071
BTC price is decreasing because everyone is selling to dollars.
What's so complicated to fucking understand?
>>2621917
Why transfer to tether when you can just transfer to fiat...
>>2622263
Because there's a much higher likelihood of the IRS coming to fuck you in the ass
>>2622263
taxes, duh
When bitbay implement their rolling peg in winter nobody will use Tether anymore. As with Bitbays rolling peg the price rises whist pegged. So you could peg at say $1 and it can rise to $1.20 after a few days
>>2623137
pegging? thats gay as shit
>>2622282
It's the only was to stabilise price and gain mass adoption