Genius idea. It's as scarce as bitcoin and environmentally friendly on top of that. Now the number has to go up. You need a faux stablecoin and convince people it's worth a dollar. Then you can pump up the price to infinity!
OUCH! LOL! I told you guys this could pull back before launching! You better hope it's just a pullback or big trouble...hey @johnarb 79k before 100k??? @johnarb @semperfrosty Nobody wants to play anymore???? What's going on with your position? How much has this week affected the pnl? I personally wouldn't even flinch until $350 breaks...uptrend still in tact imo.
Bought back my last Microstrategy PUT for this year. It's been... enjoyable, especially when locking in profits. Catch you on the flipside for next year!
The day Tether fraud gets busted we will drop -90% in a single day, i guarantee you that. Now when will that happen is anyone's guess... Could take weeks, could take months, could take years.... The ponzi scheme pays.... until it doesn't.
One day the world will blow up and we will be gone in a single day, i guarantee you that. Now when will that happen is anyone's guess... Could take weeks, could take months, could take years....
The difference being is you won't be here to witness that, while the other one is nothing but a miracle how comes it hasn't happened yet. No matter how corrupt and incompetent the government is, at some point too much is just too much.
It's quite literally in their logo.... Anyways, we are probably still months away and panic is still premature. But just something to think about before you convince your family to invest their life savings into the ponzi scheme.