Where your hard-earned money comes to die. Home.
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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: Supple jap 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: Vigorous bespoke chapel 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: odious nursing home halford 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: sick fanboi spot 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: Mauve cruise ship sandwich 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: Mauve cruise ship sandwich 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: translucent pontificating hall 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: Mischievous hairless sanctuary mad-dog skullcap 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: translucent pontificating hall 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: Appetizing doctorate sound barrier 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: Motley garrison turdskin (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: bearded maize rigpig 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: disrespectful round eye 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: Aromatic patrolman 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: Supple jap (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: Supple jap (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: Vigorous bespoke chapel 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: Supple jap (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: carmine racy forum 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: Supple jap 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: pale selfie idiot 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: carmine racy forum 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: Supple jap 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: carmine racy forum 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: Supple jap 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: Supple jap 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: Supple jap (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: carmine racy forum (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: irradiated lake half-breed cuck 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: Wild big kitty cat 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: Supple jap 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) |