>when tether is going down wouldn't you want to sell it thus creating pressure in btc/tether market It will only create pressure on exchanges that allow you to

>when tether is going down wouldn't you want to sell it thus creating pressure in btc/tether market It will only create pressure on exchanges that allow you to actually sell USDT for BTC. These will unfortunately be the same one that will likely go the MTGox route the quickest, leaving you a bag of virtual BTC that you can't withdraw. Not your keys, not your coins, and doubly so for USDT.