Quote from: Thingamajig on November 28, 2017, 06:26:24 AM

If the whole exchange manipulation of Tethers pans out in the way i think it will, i'd expect NEM to be worth about 10 cents a coin in the coming year, possibly less.

ALOT of coins, bitcoin in particular, are going to implode once this huge exchange ponzi tether scam is blasted out in the open. This is the "bubble" that people have talked so much about, except it's an entirely artificial one, it's worse than we first thought.

All orchestrated by exchanges. The bane of Crypto existence. Might be worthwhile investing in any decentralized exchange projects if any of them are going on. I foresee them getting very popular soon.

The market isnt as paranoid as you with regards to Tether. I am probably in the middle as it does seem shady to say the very least.
What is likely to happen though if it turns out that Tether does not hold currency in any bank backing Tether coin?
Well the first thing that will happen is everyone is going to dump Tether asap which is going to fuel a huge surge in all crypto.
Its anyones guess what will happen after the dust settles though.

Decentralized exchanges though are needed more than ever