On today’s episode of The Cryptoverse…
A flash rally in the crypto markets, sparked by a Tether scare which pushed Bitcoin’s price way out of whack on Bitfinex.
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Chris I have been watching your videos as of the New Year. I realize you have been second guessing whether to put forth the effort of video vs audio, however I believe that the videos that you have produced have progressed substantially. I also feel that the extra effort has been well worth it and you are a valued, staple member of the crypto community….a veritable leader. Keep up the good cheer and carry on.
I think everybody based on TA was short there. I wonder how many people got liquidated. That's some really messed up market manipulation.
Great episode. Learned a lot about the functioning of stablecoins !
Which background mate..?
Your flash Rally IS tether scam …
Could a super solar destroy all crypto? How many servers do we have that’s shielded from that?
Well, all you have to do is watch Bix Wier's latest video, and Boxmining video to see what happened. I wonder what coin Bix is going to poo on next. He likes pooing on EOS too.
Nice background mate ❤️???
Nothing about bitUSD, bitCNY?
Thanks for the Vid Chris
Hello , so what dose this do to anything bought with Tether? Excuse my ignorance just not understanding if one should be worried about this?
Dont agree no new high in comparison to usd
Maybe their was a time smart Money bought bitcoin and Just a Bit later tether price felt below a certain price with a snowball effect.
One pos Option But there are plenty bear scenario for example China May have Atm a big Part of bitcoin and infl a crash
The crash will come if IT come if all think bullish.
Tether exchanges are now decoupled from criminal ones (ie. Bitfinex).
Use Coinbase as indicator of the price.
Can you please do a chart on ZRX and KBC?!
It's interesting scenario in crypto now. Tether is the only well-adopted stable coin in the market paired to most of the crypto currencies in different exchanges. If this losses its value on the very fundamental grounds of its establishment,that's being pegged to USD, it has a huge tendency to greatly disturb the entire market. I can't think of any consequences, the rises in prices as people move to other options or another disaster in the crypto world. Any thoughts?
I can't listen to this. The pronunciation is off by too much. Especially the letter "u".
yeh but check out the coinbase or kraken chart. its clearly a lower low after the previosu dump on the weekly. nothings really changed
with a $2 bln tether circulation and theres no proof that tether conpany cant show proof that they hold 2b usd in the bank? that will make them collapse
Tether 24 hour trading volume is about 5 billion and usdc only a few million.
Looking sharp Chris. Cheers mate
Forgot about bitUSD the oldest stablecoin with a 175% reserve?
Will tether stop excisting?
Not 6%, 0.6%
so should we be considering selling our tether for tusd? is that what your saying? (not financial advice I know)