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If these tethers turn out to be impossible to trade for dollars, then the best way of getting out of them would be buying BTC, right? Fun times...
by Maarten88 9y ago
If these tethers turn out to be impossible to trade for dollars, then the best way of getting out of them would be buying BTC, right?
Fun times...
- matthewbauer 9y agoYeah which is going to cause the next crash as more and more people cash out via Bitcoin.
- ActsJuvenile 9y agoThat would cause high prices on Bitfinex due to Bitcoin buying, while deflating prices on Coinbase and Gemini due to cash outs. During the last month of MtGox it was common to see $2,000 price gap between Gox and US exchanges. I have a feeling history is going to repeat itself very soon.