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I hear the claim that tether is inflating the bubble all the time so please help me understand. This is the main use case for tether AFAIK: Scenario A: I fear
by sethgecko 9y ago
I hear the claim that tether is inflating the bubble all the time so please help me understand. This is the main use case for tether AFAIK:
Scenario A: I fear that a bear market is coming so I move my coins from binance/bitfinex to coinbase/gemini, exchange them for USD and wait for the price to drop so I can buy in at a later time.
Scenario B: I skip the step of sending to coinbase and I exchange directly with tether in binance/bitfinex and wait for the price to drop so I can buy in at a later time.
How are those two any different in their effect on coin prices?