Ninjastic
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Topic
Board Economics
Re: IF USDT would collapse what do you think will happen to the BTC price?
by
OpenCryptoSystem
on 27/12/2020, 16:36:13 UTC
Quote from: acquafredda on Today at 10:10:01 AM
Quote from: Dragonfund on December 26, 2020, 11:21:17 PM
Quote from: FireBallex on December 26, 2020, 06:28:50 AM
If USDT collapsed it will bring new opportunities to those that want to buy bitcoin at a cheaper rate and that will make bitcoin recovers, whatever comes bitcoin will recover because of adopters, many will be waiting for some opportunity to buy  Wink Wink

I want to be guided in cryptocurrency since my last mistake, I really hope I don't make silly mistakes like in the past and I don't wish other to do the same but if Usdt should collapse today, it will bring lots of people and not just that alone including organizations and companies that are holding Usdt because most of this minted Usdt aren't all use in the market.
My fear is when this kind of incident happen, it will affect crypto in general, all the coins and token on the market will have blood on their time line before another quick recovery like this covid-19 we all experience this year.
Simply do not own any USDT. Nobody can guide you here as we are sailing the most remote crypto market areas: we have never been here before but remembering history I can clearly see that if something happens to Tether, the whole market will be affected.
Owning bitcoin is much safer on the long run, because if USDT dies BTC will certainly survive.
How can I be so sure? Just look at what happened in the past.  Wink



Simply i rather own USDT.
If usdt goes down ill go to usa goverment door officials and ask where the f is my money homie !
With bitcoin ? Who to ask Huh
Ill be right and knocking door and asking yo men where is the money bro real talk