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Think I am going to liquidate 2/3 of positions to avoid tether risk
Poast new message in this thread
Date: January 19th, 2018 7:19 PM Author: Infuriating Cumskin sellcucking, but my rationale is
1. fairly unlikely that the overall crypto market is going to 2x+ in the short term ) 2. decent risk of another crash like last week 3. not insignificant risk of a massive crash caused by a run on tether, which would wipe out a ton of value
given limited upside, i am thinking of sellcucking and waiting with cash on the sidelines for a bit |
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Date: January 20th, 2018 1:41 AM Author: Startled dun tanning salon You’re a woman (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35194900) |
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Date: February 1st, 2018 12:54 PM Author: Plum state The interesting thing is that Tether becoming valueless would also have the effect of making it harder for people to sell BTC/ETH without the perceived tax implications of doing so for actual USD on a US exchange. (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35296363) |
Date: January 19th, 2018 8:40 PM Author: mauve center big gulps, huh? (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35192922) |
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Date: January 19th, 2018 8:43 PM Author: fragrant sweet tailpipe I cant blame you. Made so much money already it's the smart thing to do. But it's still too early for this (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35192935) |
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Date: November 21st, 2018 8:44 PM Author: fragrant sweet tailpipe lolololol fuck me (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#37280215) |
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Date: January 19th, 2018 8:43 PM Author: sick sanctuary Explain how a Tether blow up will infect substantive alts? Would it bring down the exchanges? Otherwise, all Tethers are worth $0, so anyone holding them is SOL. Am I missing something? (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35192936) |
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Date: January 19th, 2018 10:31 PM Author: Charcoal temple filthpig if some of the demand for btc has just been from bitfinex selling valueless tokens then the bottom would fall out from the market if it's exposed as a charade, and it could multiply on itself if there's a run on the exchanges (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35193536) |
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Date: January 20th, 2018 1:07 AM Author: sick sanctuary I can see this. (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35194708) |
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Date: January 20th, 2018 1:44 AM Author: carmine racy abode Shitcoins are traded/denominated in BTC or ETH, and their prices are propped up by BTC/ETH prices. Many people made so much $$$ (at least on paper) from BTC and ETH, making them comfortable throwing tons of money speculating on shitcoins (which they'd never do if they had to pay in fiat). If BTC and ETH tank massively, those profits fueling the shitcoin speculation vanish.
I personally think the Tether conspiracy theories are overblown, however. |
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Date: January 19th, 2018 8:49 PM Author: histrionic theatre (FUD) (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35192960) |
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Date: January 19th, 2018 9:00 PM Author: Irradiated vermilion pistol home Probably the smart thing to do. We could get absolutely wiped out (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35193016) |
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Date: January 20th, 2018 12:51 AM Author: bateful becky famous landscape painting Ouch (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35194569) |
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Date: January 20th, 2018 1:04 AM Author: Overrated Hell Bad short term timing but probably good long term timing imo (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35194688) |
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Date: January 22nd, 2018 11:14 AM Author: Infuriating Cumskin (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35209041) |
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Date: January 30th, 2018 1:27 PM Author: Infuriating Cumskin (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35277744) |
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Date: January 30th, 2018 2:31 PM Author: Startled dun tanning salon OWAS (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35278273) |
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Date: February 1st, 2018 12:31 PM Author: Infuriating Cumskin (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35296177) |
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Date: February 1st, 2018 12:37 PM Author: talented church queen of the night 4.5% drawdown that is already rebounding may not be the best time to bump your sellcuck thread (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35296208) |
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Date: February 1st, 2018 12:38 PM Author: Infuriating Cumskin oh sorry didnt realize market was only down 4% since Jan 19 (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35296214) |
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Date: February 1st, 2018 12:39 PM Author: haunting menage ETH was at like $1060 on Jan 19th (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35296230) |
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Date: February 1st, 2018 12:39 PM Author: talented church queen of the night I see the price at 1,030 on 1/19 and 1,050 today (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35296231) |
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Date: February 1st, 2018 12:43 PM Author: Infuriating Cumskin yes, you're doing ok if your entire position was in ETH...so far (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35296261) |
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Date: February 1st, 2018 12:44 PM Author: talented church queen of the night we do ETH on this board so I think we're all doing ok but good luck with your thread (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35296266) |
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Date: February 1st, 2018 12:46 PM Author: Infuriating Cumskin thanks (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#35296289) |
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Date: February 1st, 2018 8:04 PM Author: Infuriating Cumskin Just a chill 4.5% drop
Tether printer has stopped printing to ETH FYI - I also posted that here a week ago |
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Date: November 20th, 2018 9:28 PM Author: Infuriating Cumskin (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#37273847) |
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Date: November 20th, 2018 9:41 PM Author: talented church queen of the night (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#37273933) |
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Date: November 21st, 2018 3:31 AM Author: Brilliant Brunch Antidepressant Drug 180 dude (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#37275440) |
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Date: November 21st, 2018 7:30 PM Author: Honey-headed headpube Call the next top, please (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#37279772) |
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Date: November 24th, 2018 9:59 PM Author: Infuriating Cumskin think we will see another dump before EOY due to tax loss harvesting. I'm doing that for sure. (http://www.autoadmit.com/thread.php?thread_id=3864915&forum_id=7#37295093) |