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Think I am going to liquidate 2/3 of positions to avoid tether risk
Poast new message in this thread
Date: January 19th, 2018 7:19 PM Author: drunken roommate sellcucking, but my rationale is
1. fairly unlikely that the overall crypto market is going to 2x+ in the short term ) 2. decent risk of another crash like last week 3. not insignificant risk of a massive crash caused by a run on tether, which would wipe out a ton of value
given limited upside, i am thinking of sellcucking and waiting with cash on the sidelines for a bit |
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Date: January 20th, 2018 1:41 AM Author: Fishy school cafeteria You’re a woman (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35194900) |
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Date: February 1st, 2018 12:54 PM Author: Chestnut Associate Karate The interesting thing is that Tether becoming valueless would also have the effect of making it harder for people to sell BTC/ETH without the perceived tax implications of doing so for actual USD on a US exchange. (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35296363) |
Date: January 19th, 2018 8:40 PM Author: Motley sanctuary big gulps, huh? (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35192922) |
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Date: January 19th, 2018 8:43 PM Author: marvelous locus I cant blame you. Made so much money already it's the smart thing to do. But it's still too early for this (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35192935) |
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Date: November 21st, 2018 8:44 PM Author: marvelous locus lolololol fuck me (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#37280215) |
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Date: January 19th, 2018 8:43 PM Author: black low-t quadroon Explain how a Tether blow up will infect substantive alts? Would it bring down the exchanges? Otherwise, all Tethers are worth $0, so anyone holding them is SOL. Am I missing something? (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35192936) |
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Date: January 19th, 2018 10:31 PM Author: overrated site psychic if some of the demand for btc has just been from bitfinex selling valueless tokens then the bottom would fall out from the market if it's exposed as a charade, and it could multiply on itself if there's a run on the exchanges (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35193536) |
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Date: January 20th, 2018 1:07 AM Author: black low-t quadroon I can see this. (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35194708) |
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Date: January 20th, 2018 1:44 AM Author: Zippy sticky depressive Shitcoins are traded/denominated in BTC or ETH, and their prices are propped up by BTC/ETH prices. Many people made so much $$$ (at least on paper) from BTC and ETH, making them comfortable throwing tons of money speculating on shitcoins (which they'd never do if they had to pay in fiat). If BTC and ETH tank massively, those profits fueling the shitcoin speculation vanish.
I personally think the Tether conspiracy theories are overblown, however. |
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Date: January 19th, 2018 8:49 PM Author: Charcoal set persian (FUD) (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35192960) |
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Date: January 19th, 2018 9:00 PM Author: abnormal new version toilet seat Probably the smart thing to do. We could get absolutely wiped out (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35193016) |
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Date: January 20th, 2018 12:51 AM Author: Cerise mischievous resort crotch Ouch (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35194569) |
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Date: January 20th, 2018 1:04 AM Author: cruel-hearted arousing temple dingle berry Bad short term timing but probably good long term timing imo (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35194688) |
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Date: January 22nd, 2018 11:14 AM Author: drunken roommate (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35209041) |
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Date: January 30th, 2018 1:27 PM Author: drunken roommate (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35277744) |
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Date: January 30th, 2018 2:31 PM Author: Fishy school cafeteria OWAS (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35278273) |
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Date: February 1st, 2018 12:31 PM Author: drunken roommate (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35296177) |
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Date: February 1st, 2018 12:37 PM Author: jade flirting jew 4.5% drawdown that is already rebounding may not be the best time to bump your sellcuck thread (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35296208) |
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Date: February 1st, 2018 12:38 PM Author: drunken roommate oh sorry didnt realize market was only down 4% since Jan 19 (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35296214) |
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Date: February 1st, 2018 12:39 PM Author: Crawly hominid indian lodge ETH was at like $1060 on Jan 19th (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35296230) |
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Date: February 1st, 2018 12:39 PM Author: jade flirting jew I see the price at 1,030 on 1/19 and 1,050 today (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35296231) |
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Date: February 1st, 2018 12:43 PM Author: drunken roommate yes, you're doing ok if your entire position was in ETH...so far (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35296261) |
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Date: February 1st, 2018 12:44 PM Author: jade flirting jew we do ETH on this board so I think we're all doing ok but good luck with your thread (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35296266) |
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Date: February 1st, 2018 12:46 PM Author: drunken roommate thanks (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35296289) |
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Date: February 1st, 2018 8:04 PM Author: drunken roommate Just a chill 4.5% drop
Tether printer has stopped printing to ETH FYI - I also posted that here a week ago |
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Date: November 20th, 2018 9:28 PM Author: drunken roommate (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#37273847) |
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Date: November 20th, 2018 9:41 PM Author: jade flirting jew (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#37273933) |
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Date: November 21st, 2018 3:31 AM Author: know-it-all round eye 180 dude (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#37275440) |
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Date: November 21st, 2018 7:30 PM Author: Big-titted hairraiser death wish parlour Call the next top, please (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#37279772) |
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Date: November 24th, 2018 9:59 PM Author: drunken roommate think we will see another dump before EOY due to tax loss harvesting. I'm doing that for sure. (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#37295093) |