Post
Topic
Board Altcoin Discussion
Re: Tether: not even a scam
by
Apekool
on 23/03/2018, 19:34:02 UTC
Especially the fact that Tether has been allowed to come into play is remarkable, because now we have:

- An ongoing bullish trend / increase in value
- "Experts" claiming crypto is secure and that the future will be great ("we're all becoming rich")
- The economy is slowing down / not picking up the right pace
- Increased influx of USD to pump the market (through USDT)
- Increased access to the crypto market for the public (through USDT, and crypto exchanges poppin' up like mushrooms)

Now let's take a look at the US housing bubble

- An ongoing bullish trend / increase in value
- "Experts" claiming that house prices are booming and real estate is good business ("we're all becoming rich")
- The economy is slowing down / not picking up the right pace
- Increased influx of USD to pump the market (through increased interest rates)
- Increased access to the market for the public (through subprime mortgages and loans/credit without collateral)

And here's the US derivatives bubble

- An ongoing bullish trend / increase in value
- "Experts" claiming that derivative are the next best thing and the market is safe ("we're all becoming rich")
- The economy is slowing down / not picking up the right pace
- Increased influx of USD to pump the market (too big to fail bailout)
- Increased access to the market for the public (loosening up regulations that allowed all kinds of derivatives, and the introduction of smartphone/browser stock trading applications)