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Title: Tether insolvency, trigger bear market? BTC drop Post by: spaceinvader10 on December 02, 2017, 09:43:42 AM Hi everyone,
Right now there's rumors that tether is insolvent. If this prove true, will this cause a downward trend for bitcoin? As users rush to sell their USDT for BTC on bitfinex and go to other exchanges to cash out in fiat? Right now, tether has a 800k marketcap, but we do not know how much is insolvent, or if it is. But if it is true what do you guys think will happen? Or is the size of this too small to affect the market? |