Quote from: davis196 on January 28, 2018, 12:34:34 PM

Quote from: erre on January 28, 2018, 10:10:32 AM

With the last news about tether, I think it's going to implode soon.

I don't want to sell any of my btc, but I wish to be able to hedge this risk somhow. Is out there any place where I can short tethers, or any other roundaway to bet against it?

Why betting against tether,just get rid of your tethers are you are done.Why are you so sure that tether will implode?I thought that the value of USDT is backed by the USD reserve held by Tether limited.Is somebody going to steal that USD reserve?That reserve was about 3 billion USD.It would be the biggest online theft.
Anyway,i`ve always hated that "cryptocurrency".

I think that tether is running a fractional reserve scheme, printing money out of thin air.
That would be a bad news for btc ecosystem and so I fear the price could go down, but I don't want to sell any btc, just "place a bet" on tether collapse as an hedge about the possibility that btc crash.
I will either investigating on finex and taken shorting, too bad I don't have any account and some time ago they were not accepting new users, is that still true?