U.S.-China Trade War Drives Tether To New Heights

in #threespeak5 years ago (edited)

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According to a new report by Chainalysis one of the projects that’s reaping the benefits of the U.S.-China Trade War hostilities is Tether...

Asher Westropp-Evans Reports

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@blocktvnews are you a Tether fan community? A few points:

  1. Most businesses are not excepting BTC its because it very volatile, yet your telling me that Tether can do this and stay in parity with the dollar or Chinese Yuan?
  2. Tether doesn't guarantee that they'll give you US dollar or Chinese Yuan please give me a reference where you got this information.
  3. Tether is loosing money (common sense since BTC is going down or almost down). Are they converting your BTC to dollars right away with no mining fees(miracle!), we all know BTC is slow (4hrs or more) and in that time BTC could go up 50% or down 50%. Phew !!!

Wow, are folks still putting $,€, £ and other fiat currencies into this crypto crap?!!! I can’t believe people fall for this shit. Yea, some got rich, like by an extremely, extremely, lucky looooooong shot, but this crypto stuff HISTORY! It’s really almost amusing to watch these complete FOOLS say bitcoin, or whatever idiot coin is gonna make you rich. It was a once in a lifetime event where some folks were in the right place, but those days are OVER!!! Wake up!!! Yea, bitcoin will hit 21k ??? OMG, hey wake-up dear keyboard warrior bitcoin is headed to zero, its future, we are back to Fiat pennies! Or can y’all just not accept the reality how completely USELESS crypto currency is. Blockchain, yes! Crypto, no-it’s history! By the way, Steem is different, no-one can underestimate it.

And that's why cryptocurrencies is crashing.
Too many ICO's and TOKENS doing a pump and dump basically getting rich with no product.
And the dumb money will run out and then who is going to support this market? Down down down. See there isn't a product and even companies with a real product couldn't raise these amounts. It is the crazy people, only go into an ICO to offload as soon as it hits the exchange.

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