He is not so concerned about any innocent people getting screwed as there are no innocent people here (lol). Anyway as with any tradable that gets inflated (they all do at one time or another) it is not a matter of if but:- which he doesn't know, or anyone else, with certainty.
If it were just a traditional ponzi there would likely be no action taken. But Tether has been quoted as national security risk due to sanction violations. So i reckon it's going to happen sooner rather than later. I believe the US treasury is already going after them. They specifically asked for new rules to give them power over "stablecoins that claim to be backed by US-dollar, but try to escape US regulations". But it's true i have no idea how long it will take, i just reckon we are months rather than years away.
Skeptical. Most of the maxi’s were calling for a super cycle last halving. We didn’t get laser eyes manifesting 100k last cycle, only criminal indictments on the heavy hitters of Binance & FTX. If it wasn’t for the grift of the shitcoin casino it was much more plausible.
Says the person who once started a topic about stocks titled:- It's over. Historical bull run has come to an end. Discussion in 'Trading' started by orbit23, Feb 27, 2020.
I never took off my laser eyes,, everyone who held through the bear market lows (or even bought additional) are pretty happy with bitcoin price above $60k Anyone who sold during the bear market and never bought back are in pain... 18 months is nothing... low time preference is the key to hodling The grift of the tradfi companies, Genesis, FTX, BlockFi, Voyager, Celsius, suppressed the price of the last bull market and pushed the price much lower during the bear market through bankruptcy liquidations, everyone who was in crypto knew the exact mechanics of what occurred Typical MO of the tradfi companies were to file bankruptcy to get protection from the courts, Voyager could have returned much higher percentage of digital assets to the users but chose the dishonorable coward's way And the TradFi companies could not use the bankcruptcy against defi, so as you're well aware they paid off their debts on AAVE and Comp... And the last point are the heroes we did not deserve but needed, the Winklevoss twins got 97% in-kind for the Gemini users Anyone who followed the saga, knew the Tyler and Cameron fought hard for their Gemini users and knew exactly how to fucking stick it to Barry with evidence of criminal actions, no way that was going to the courts and trials hence the big payoff to the Gemini Earn users compared to to the FTX and BlockFi and others all fiat prices at the lows It's all water under the bridge, who cares about the last cycle's schmucks We focus on the future the next 2 years bitcoin will go to $300k-$1M in my opinion Anyone who did not buy bitcoin during the bear market can watch from the sidelines.... or buy the Blackrock bitcoin spot etf's just like all the wall street investors No worries