I reckon there's probably $50 to $100 million in real fiat deposits backing Tether's $2.5 billion in worthless blockchain tokens that were used to blow the 2017 bitcoin bubble.
We're headed back to $1k folks.
Why do you think that? This is the rich list -
380,670,753 Feb 01 09:37 AM Huobi
1DUb2YYbQA1jjaNYzVXLZ7ZioEhLXtbUru 329,339,572 Feb 01 09:37 AM Bittrex
1Co1dhYDeF76DQyEyj4B5JdXF9J7TtfWWE 270,000,000 Dec 21 '17, 06:14 AM Poloniex
1FoWyxwPXuj4C6abqwhjDWdz6D4PZgYRjA 249,963,861 Feb 01 09:37 AM Binance
1GjgKbj69hDB7YPQF9KwPEy274jLzBKVLh 200,000,000 Jan 31 06:55 PM
1KYiKJEfdJtap9QX2v9BXJMpz2SfU4pgZw 148,821,592 Feb 01 09:37 AM Bitfinex
12uhUkxpwkD2LGzKHUywoknoJ3fC9vev1x 82,862,390 Jan 26 09:03 AM Binance
1ApkXfxWgJ5CBHzrogVSKz23umMZ32wvNA 55,715,971 Feb 01 09:37 AM OKEx
These exchanges presumably had to buy the tether with real $$ in order to list tether on their exchanges in the first place. Whether the money tether received is still tucked away or not is anyone's guess but unless tether gave all these exchanges free tether, your $50 - $100 million doesn't make sense.
Hello,
Do you know to which exchange belongs this address? 1GjgKbj69hDB7YPQF9KwPEy274jLzBKVLh and what address is suppose to be in first raw?
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