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You should look at daily volume: BTC daily trade volume = $14B Tethers sloshing around in market today = $1.6B Thus Tethers represent 14% of the market. If Mt
by ActsJuvenile 9y ago
You should look at daily volume:
BTC daily trade volume = $14B
Tethers sloshing around in market today = $1.6B
Thus Tethers represent 14% of the market. If MtGox crash was due to a 5% heist, this 14% scam will wipe out Bitcoin and establish Ethereum as the new king.
PS: What's the story behind your username?
- dialtone 9y agoTethers today traded $3.8B, $1.6B is their market cap. https://coinmarketcap.com/currencies/tether/ https://coinmarketcap.com/currencies/tether/ so it's even more unreal.
- tlrobinson 9y agoWhy would Ethereum fare better than Bitcoin? Every exchange that uses Tether also trades ETH.