Post
Topic
Board Altcoin Discussion
Re: USD Thethers just unraveled here's the Crypto Meltdown
by
1legalco
on 28/01/2018, 02:23:49 UTC
I think it will continue to do a good job of staying pegged to the dollar... How they make money... I don't really understand it.

Foreign exchanges all use USD Thethers

It's supposed to be liquid cash in banks to cover investors in USD on exchanges waiting to jump a coin

So the exchanges could be gone in hours

People jump usdt into coins exit hardwallets the exchanges might not cover the exits

So we are looking at possible meltdown of most exchanges in next few hours

Few days best case scenario

If the money's there it doesn't collapse but thethers going into coins on news

Could be fast uptick

Then if exchanges collapse it's meltdown

Exchanges see mass Exodus to hard wallets they close exits

This was warned of for weeks

It's a big thing

It's gonna be interesting 12 hours

Then 48-72 hours

It could all implode