Quote from: HairyMaclairy on February 02, 2018, 09:11:01 AM

Quote from: Asrael999 on February 02, 2018, 09:05:55 AM

Quote from: samsonn25 on February 02, 2018, 08:40:14 AM

Quote from: Asrael999 on February 02, 2018, 08:23:54 AM

And the most ridiculous part of the last few days ? If you own the allegedly manipulated scamcoin tether then you've outperformed everything else. Rational markets eh.....

In theory tether is pegged very close to the dollar. It has been flat the last year while most coins are still up 300-1000%

Quite, but isn't the whole point of this latest round of FUD that Tether is an unbacked scam and therefore not really worth $1 or tethered at all. If the price is stable close to $1 then maybe it's not a scam and all this is just made up shite and not even FUD

All the fuckheads have to do is release a letter from the bank confirming the balance. No audit required - we can all count the number of Tether outstanding. Its a 5 minute job.

My 2 cents:
I believe the market will bottom out even before Tether proves their USD liquidity.
I don't think this sell off has much to do with Tether other than the timing of the Bloomberg news.
The market moves wherever liquidity is.
All the price movements can be timed by good TA guy.

Psychology is what drives us to associate FUD with the pricedrop.
FUD/news might help with the timing of the pricing movements.

I could be absolutely wrong.