Quote from: figmentofmyass on October 15, 2018, 11:05:02 PM

Quote from: ft73 on October 15, 2018, 07:29:42 PM

Two considerations:

Bitfinex has a Bank again.
Bye bye Tether ?

there's nothing "new" here though, right? people couldn't previously withdraw USDT without verification, could they? if you pull up the original announcement about tether, it referred to "verified" users.

so i'm not sure what they're trying to accomplish with this post.

are they just saying, "fiat on bitfinex isn't monopoly money, it's actually real fiat money, we swear!"

i think they are trying to hide the fact that the ATH that was reached on Bitfinex yesterday was the number 7721.3 so if they say it is dollar then the number will become $7721.3 which will be a huge price rise.
but since it is not dollar and it is Tether the number is 7721.3 Tether. and with Tether price being less than $1 there was no real price rise apart from the momentary panic of ATH.
in other words current price of 6800 Tether on bitfinex is equal to 6460 Dollar on Bitstamp because 1 Tether = 0.95 Dollar

and the statement doesn't make any sense to me either. people deposit Tether, withdraw Tether and trade with Tether. so how can this be true: "all trading pairs on Bitfinex are placed against USD"!!!!