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So let's say tether is fake... so there's >2.3B of fake money
Poast new message in this thread
Date: January 30th, 2018 2:01 PM Author: puce whorehouse in a .5-.6T market? (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35277995) |
Date: January 30th, 2018 2:02 PM Author: frisky magenta jewess filthpig Even if it had a 100x effect I don't see how this will kill cypto/shitcoins etc. (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35278002) |
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Date: January 30th, 2018 2:04 PM Author: big hateful mood it's ridiculous. "Tether" is totally inconsequential (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35278009) |
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Date: January 30th, 2018 2:05 PM Author: Titillating circlehead station lots of holders are retarded neckbeards consumed by vaguely anti jew federal reserve conspiracy theories. this shit would be utterly devastating to them psychologically.
hopefully enough grownups have entered the market such that we appropriately price the impact of anything like this. ideally these people sell low and end up bitterly crying about normies taking over crypto |
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Date: January 30th, 2018 2:06 PM Author: Hairraiser mediation No, there are no grown ups yet. Just Reddit children and South Koreans. Very bad. (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35278028) |
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Date: January 30th, 2018 2:07 PM Author: Titillating circlehead station maybe altcoins but not bitcoin or eth anymore (i hope). plus i’m not too worried about the koreans being stupid (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35278039) |
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Date: January 30th, 2018 2:41 PM Author: carnelian organic girlfriend (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35278406) |
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Date: January 31st, 2018 5:11 AM Author: ocher razzle space (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35285993) |
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Date: January 30th, 2018 2:05 PM Author: Hairraiser mediation Things will tank for a couple of days.
Are there people that are able to jump in and out easily? If I want to sell BTC on Coinbase, I have to send it all to my checking account. I can't keep US funds there. So if I wanted to get out and then back it, it would be like a two week round trip. Am I missing something? |
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Date: January 30th, 2018 2:06 PM Author: puce whorehouse What? Why not just keep usd on cb? (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35278032) |
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Date: January 30th, 2018 2:07 PM Author: Hairraiser mediation They Don't give me that option (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35278041) |
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Date: January 30th, 2018 2:10 PM Author: puce whorehouse Lol what? You HAVE to send your dollars to checking? That can't be true (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35278062) |
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Date: January 30th, 2018 2:11 PM Author: Hairraiser mediation It was last time I checked. I am not selling anything anyways. The only reason I would is to pick up more VEN (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35278074) |
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Date: January 30th, 2018 2:22 PM Author: Fiercely-loyal chocolate school Dude what. Do you not have a gdax account or (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35278182) |
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Date: January 30th, 2018 2:10 PM Author: vibrant property ? (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35278065) |
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Date: January 30th, 2018 2:14 PM Author: big hateful mood Do not sell into these crashes, it only makes the problem worse for the rest of us (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35278104) |
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Date: January 30th, 2018 2:14 PM Author: Titillating circlehead station this makes crypto actually sound like a ponzi scheme lol (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35278112) |
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Date: January 30th, 2018 2:24 PM Author: big hateful mood the fact that prices go down when people panic sell? Guess every security on the market is a ponzi scheme (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35278202) |
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Date: January 30th, 2018 2:38 PM Author: Titillating circlehead station no the fact that you have to implore people not to sell for fear that this house of cards may collapse. as opposed to relying upon outside investors buying in (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35278367) |
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Date: January 30th, 2018 3:31 PM Author: big hateful mood Uh investors buy in every time, in case you haven't noticed. But there's no reason to exacerbate our stress by contributing to the plunge. What's your IQ brother (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35278802) |
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Date: January 30th, 2018 2:12 PM Author: flirting piazza do you really think that the market cap is 500B? if you enter a buy or sell order of 10M it will pump/tank any coin by a massive amount.
now imagine buy orders of 800M in fake money that has been printed over the past month. how much do they inflate the price?
wait they've alreay done this study:
"Tether printing moves the market appreciably; 48.8% of BTC’s price rise in the period studied occurred in the two-hour periods following the arrival of 91 different Tether grants to the Bitfinex wallet."
tether is about 15% of ETH trading volume, and 12% of BTC trading volume.
it's one thing to say you don't believe tether is fake, but you have to be really dumb or willfully blind if you think that it IS fake but wont have a massive impact on the market |
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Date: January 30th, 2018 2:17 PM Author: puce whorehouse I understand your point and I didn't miss it. It's not like you just do 500B minus fake tethers. Your post is helpful though. We'll see what unfolds (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35278131) |
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Date: January 30th, 2018 2:18 PM Author: Titillating circlehead station this is indisputably true (sadly). (http://www.autoadmit.com/thread.php?thread_id=3876130&forum_id=7#35278142) |