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Someone explain to me why past Tether fake money pumping the market to here
| brilliant set rigpig | 01/30/18 |
| Metal school cafeteria | 01/30/18 |
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Date: January 30th, 2018 2:45 PM Author: brilliant set rigpig would in the present result in the market selling back to pre-fake-tether-pump levels.
There is no means of valuation here except buy and sell orders. If someone bought at 10K with real money why would they want to bring it down to legitimate levels? Who or what institution is supposed to be the guardian that would do it for economic principles. Do they exist?
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Date: January 30th, 2018 2:50 PM Author: Metal school cafeteria This is my thinking as well...the value is in there, and only comes crashing down if people lose faith in the system. I don't think this causes a significant loss of faith in the system, unless people loved tethers so much they no longer want to stay in the market without them (assuming worst case scenario is they're banned) (http://www.autoadmit.com/thread.php?thread_id=3876193&forum_id=7#35278486) |