RedDuke's words verbatim from his post here: https://www.elitetrader.com/et/posts/5476786 "yeah, no way to short that sucker. But if tether implodes" No one? RedDuke isn't someone? You have just been caught lying. Your words verbatim from your post here: https://www.elitetrader.com/et/posts/5476788 "It would be nice to short Tether itself since it could fail without causing a contagion that impacted the miners as much". Also your words verbatim from this post here: https://www.elitetrader.com/et/posts/5476743 "The bitch of it is you can't really effectively short the thing because if it actually imploded your counterparty would probably implode" Anyone who can read above a 5 year old level can see you contradicted yourself with those two statements above. But hold on: "We all agree you can short Tether", but your words in this post: https://www.elitetrader.com/et/posts/5476788 "It would be nice to short Tether itself since it could fail without causing a contagion that impacted the miners as much. But thanks for posting that list, definitely something to look into." state you can't short Tether directly, not to mention RedDuke above ^, so you have contradicted yourself again. That post directly above also doesn't mention anything about a counterparty, or counterparty risk. In fact your words above show you aren't that concerned about counterparty risk. What's your problem? Tripping over your own words? I have caught you lying twice now. Must be embarrassing. What's your goal here? To dig down even deeper?
Yeah, the true sign of a troll is their complete inability to even start to address what they're trying to accomplish. Must be a miserable existence, gotta feel a little sorry for them at the end of the day.
12 years of this clown BTC show and still its creator remains a mystery. Worse, its cult followers dont even care
Why would anyone care? Some people made billions of this thing, and many millions. And the show keep on giving more and more with each passing year. With the help of complete Ponzi called Tethers, but still....
Notice how @Sig dodges my point in this post here in her reply above ^ to my post here: https://www.elitetrader.com/et/posts/5477957 "RedDuke's words verbatim from his post here: https://www.elitetrader.com/et/posts/5476786 "yeah, no way to short that sucker. But if tether implodes" No one? RedDuke isn't someone? You have just been caught lying." when @Sig says in this post here: https://www.elitetrader.com/et/posts/5477576 "No one ever said you couldn't short Tether" Because @Sig has been caught lying and she knows it. Yeah you are right @Sig the true sign of a troll is their complete inability to even start to address what they're trying to accomplish. What's your goal again? What were the names of those 2 fictional companies you claim to have started in the Bay Area?
This will get interesting https://www.bnnbloomberg.ca/sec-gets-path-to-rein-in-stablecoins-as-u-s-weighs-new-rules-1.1671746 would love to see the price of crypto that is traded in real money only, like any other asset on the face of this planet.
It's not madness; it's religion (though some of it is gambling and greater-fool trading). People are willing to die for their religion so why so surprised that many are willing to lose all their money?
If you can find the courage to study Bitcoin for 100 hours, it might change your mind Sadly, I bet you're scared shitless of finding out that you missed out on the greatest wealth creation opportunity that was open to everyone in the world for the past 12 years $2.8 Trillion worth of value, and over $1 Trillion on bitcoin alone