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/biz/ - Business & Finance


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11359861 No.11359861 [Reply] [Original]

Why the FUCK is BTC/USDT trading at a $150-$300 premium? I was literally on binance wondering why another dip to $6200 was making people piss their pants then I realized BTC/USD had flash crashed to near $6000.

>> No.11359894

>>11359861
whales are probably fucking around with tether prices. they do this sometimes to create more chaos

>> No.11359910

>>11359861
The premium's been getting wider and wider in the past two days. Tether is getting fucked and chaos is happening.

>> No.11359919

>>11359894
But CMC shows tether price on the nose at $1.00 . What am I missing?

>> No.11359931

>>11359861
People are getting out of Tether due to the recent Bitfinex solvency FUD, so demand for it is dropping.

>> No.11360026

>>11359919
I don't follow tether desu. just seen this happen 3-4 times since 2016

>> No.11360042
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11360042

>>11360026
either way im cashing in