If you were (like me) wondering what people are talking about, here is an informative 2 minute read.
https://cointelegraph.com/news/the-strange-story-of-tether-the-digital-money-that-claims-it-isnt-money
300,000,000 is no big deal if you ask me but still a shame much scamming is going on in this market.
The regulations & gov will come upon us and destroy all gains.
if bitcoin cash reaches $900 its game over. thats the unmanipulated btc price.
>>3118493
You're fucking retarded. A price is a price. Do you understand what that means? It means I can trade my BTC at market to anyone interested in buying at market. I can really sell for however much I want. I'll sell you 1BTC for $10,000 USD. Will you buy it? Probably not, because you can buy it elsewhere for cheaper. That's how bid and ask works, and that's what makes up a market. There is no "unmanipulated" price. There's a price.. That's all there is to it.
>>3118493
Where do all you retarded BU guys come from all in a sudden? Did they call you out as autists for good now over at plebbit r/btc?
>>3118461
USD tether is too useful to fail
unless each individual exchange offers real Fiat to exchange back and forth like Kraken, USD tether will still be used without fail
>>3118549
Whales can manipulate prices by drugging the bid/ask trend. Have a look at wikipedia -- wash sales, insider trading, libor scandal...
Tether is virtually unredeemable. You may need them to jump on some cryptocoin bandwaggon while evading taxes. And this is the reason why they won't last.
>>3118573
The issue is with the last paragraph / thought of the article. Why should e.g. Bittrex hold any Tether when they know they will never able to cash them out?
Dangerous game, anon. I personally only trade in BTC pairs, trying to increase my stack.