In May Tether went down to a whopping 0.9982 USD and people cried it was the end of Tether. It recovered. In April 2017 Tether went down to 0.9213 USD and peop

In May Tether went down to a whopping 0.9982 USD and people cried it was the end of Tether. It recovered. In April 2017 Tether went down to 0.9213 USD and people cried it was the end of Tether. It recovered too. Don't get me wrong, I think eventually Tether will fall, it's all just too shady to survive long-term. But I don't think it seems it's happening now and I'm not sure it'll even happen like this. It'll start out with rumors that people can't redeem their USDT for USD, and people will pull out in a flash crashing Tether/Bitfinex in the process. It'll be faster and harder than what we've seen before. And by the metrics so far, it's not fast nor hard enough to cause this.