Quote from: humblemonkey on April 23, 2017, 06:30:01 PM

the problem here is the lower USDT goes, the higher the prices are for all coins artificially on these exchanges, & as the price moves up, noob traders buy more of them and the rally pushes higher as other exchanges follow.

imagine a situation where USDT falls to 50 cents, (like nubits did) the noob traders are going to think theyve hit the jackpot when they see their USDT balances have doubled, but will be in for a shock when their 10k USDT is only worth 5K USD

If USDT falls to 50cent I will be the one hitting the jackpot