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/biz/ - Business & Finance


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57141024 No.57141024 [Reply] [Original]

Tether is losing the peg to the us dollar
This could destroy the whole crypto market
Sell immediately

>> No.57141041

>>57141024
zoom out

>> No.57141104

>>57141024
>non-crypto centralized token
>"This could destroy the whole crypto market"
explain your thought process

>> No.57141127

>>57141104
>non-crypto centralized token
That's 99% of the market.

>> No.57141137

>>57141127
The non-crypto market, lol

>> No.57141160

>>57141024
explain like I'm 5
looks like it's pegged to $1 with tolerances of about 0.13%, so generally $1

>> No.57141172

RELEASE ZE TETHER FUD

>> No.57141189

>>57141137
No, I mean the crypto market. Go to CMC and filter every coin that isn't PoW.

>> No.57141218

If people dont feel safe in a stablecoin they wpuld exchange it for crypto

>> No.57141219

>>57141189
>muh "digital asset market = crypto market"

>> No.57141220
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57141220

>>57141024
Here's yet another newfag falling for the very same tether fud for the n time, it's all so tiresome

>> No.57141313

>>57141218
You realize there are two sides to a trade?
If tether dies nobody is going to trade their crypto for tether anymore
>>57141137
Most of the trading volume is in tether pairs
If tether dies, down goes most of the market
Even Bitcoin would go down to the 4 digits range and it would take a long time to recover

>> No.57142890

>>57141024
Kek

>> No.57142905
File: 140 KB, 1967x964, 1703712821359450.jpg [View same] [iqdb] [saucenao] [google]
57142905

>>57141024
T symbol is made to look like a nuclear mushroom

>> No.57142960

>>57142905
fuck

>> No.57142981

>>57141160
It's $0.996 right now

>> No.57142992

>>57141041
/thread

>> No.57143002

>>57141024
I watch the DAI chart from time to time, that's absolute horror. This is stable as tits, low effort tether fud, chud