\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

16.52% of ETH volume in last 24 hours caused by USDT. Nothing to see here folks

https://www.cryptocompare.com/coins/eth/analysis/USD
Learning disabled kitchen
  01/19/18
Had to google that one: https://www.cryptocompare.com/coi...
Gay Motley School
  01/19/18
you need to get educated on the USDT scam, bro.
Learning disabled kitchen
  01/19/18
What does that 16.5% mean?
Gay Motley School
  01/19/18
16.5% of the ETH that was bought in the past 24 hours was do...
Learning disabled kitchen
  01/19/18
Got it, but what's the significance of that?
Gay Motley School
  01/19/18
https://tonyarcieri.com/the-tether-conundrum
Learning disabled kitchen
  01/19/18
Very interesting- thanks.
Gay Motley School
  01/19/18
"I, and many others, suspect Tether is being used to ef...
Dashing Doobsian Preventive Strike
  01/19/18
"I, and many others, suspect the printing press is bein...
Beady-eyed frisky gay wizard round eye
  01/19/18
lol
Dashing Doobsian Preventive Strike
  01/19/18
cr
Embarrassed to the bone indian lodge international law enforcement agency
  01/19/18
haha wow holy shit
orchid razzle-dazzle stag film
  01/19/18
...
Kink-friendly Unholy Base Generalized Bond
  01/19/18
...
Claret shivering address sneaky criminal
  01/19/18
you can see how many hundreds of millions of dollars worth o...
Learning disabled kitchen
  01/19/18
who cares
Beady-eyed frisky gay wizard round eye
  01/19/18
I am seriously going to sell. this seems bad. unless someone...
exhilarant hairy legs
  01/19/18
It's about to all come tumbling down. I've been trying to ca...
fiercely-loyal disgusting market antidepressant drug
  01/19/18
What's keeping you
vigorous gold persian whorehouse
  01/19/18
coinbase is down, can't fund customer assets lol
Beady-eyed frisky gay wizard round eye
  01/19/18
http://autoadmit.com/thread.php?thread_id=3863772&mc=13&...
Sick fragrant shrine community account
  01/19/18
so its bring produced like the currency its pegged to?
Kink-friendly Unholy Base Generalized Bond
  01/19/18
But they claim to be backed by actual dollars. That's obviou...
Gay Motley School
  01/19/18
This is a NY Times story waiting to happen. And when it does...
Gay Motley School
  01/19/18
you sure became an anti-tether believer quickly
Learning disabled kitchen
  01/19/18
I have a good eye for scams. I've often wondered about those...
Gay Motley School
  01/19/18
It's probably arbitrage between exchanges. Lots of exchanges...
painfully honest fear-inspiring gaping internal respiration
  01/19/18
too obvious to be true
Beady-eyed frisky gay wizard round eye
  01/19/18
or, you know, an actual ponzi scheme, embezzlement, ... the ...
Razzmatazz hairless blood rage cruise ship
  01/19/18
Yeah, it could be those too. My second guess would be market...
painfully honest fear-inspiring gaping internal respiration
  01/19/18
The difference between what you are describing and kiting is...
Pea-brained aphrodisiac box office idiot
  01/19/18
...
blathering mauve institution tattoo
  01/20/18
Bitfinex is printing Tether to increase trading volume on it...
zippy chad
  01/19/18
When it collapses I want bitches sucking my veiny Jew cock f...
180 headpube
  01/19/18
Link to call you made?
Learning disabled kitchen
  01/19/18
Suck my veiny 10,000% USD gains safely in my IRA and high in...
ivory godawful crotch
  01/20/18
Just sold everything. Feel much better.
Mentally impaired hell
  01/19/18
LOL hope it wasn't bc of this, brother
Dashing Doobsian Preventive Strike
  01/19/18
...
Learning disabled kitchen
  01/20/18
buy high sell low
vigorous gold persian whorehouse
  01/20/18
What happened?
Pea-brained aphrodisiac box office idiot
  01/20/18
ETH is mooning again
Histrionic corner double fault
  01/20/18
ungh
Pea-brained aphrodisiac box office idiot
  01/20/18


Poast new message in this thread



Reply Favorite

Date: January 19th, 2018 4:53 PM
Author: Learning disabled kitchen

https://www.cryptocompare.com/coins/eth/analysis/USD

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191410)



Reply Favorite

Date: January 19th, 2018 4:56 PM
Author: Gay Motley School

Had to google that one:

https://www.cryptocompare.com/coins/guides/what-is-usdt-and-how-to-use-it/

Explain the significance of that percentage.

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191440)



Reply Favorite

Date: January 19th, 2018 4:57 PM
Author: Learning disabled kitchen

you need to get educated on the USDT scam, bro.

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191449)



Reply Favorite

Date: January 19th, 2018 4:57 PM
Author: Gay Motley School

What does that 16.5% mean?

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191453)



Reply Favorite

Date: January 19th, 2018 4:58 PM
Author: Learning disabled kitchen

16.5% of the ETH that was bought in the past 24 hours was done using USDT (as opposed to USD, BTC, etc)

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191459)



Reply Favorite

Date: January 19th, 2018 4:58 PM
Author: Gay Motley School

Got it, but what's the significance of that?

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191462)



Reply Favorite

Date: January 19th, 2018 4:59 PM
Author: Learning disabled kitchen

https://tonyarcieri.com/the-tether-conundrum

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191476)



Reply Favorite

Date: January 19th, 2018 5:05 PM
Author: Gay Motley School

Very interesting- thanks.

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191526)



Reply Favorite

Date: January 19th, 2018 5:10 PM
Author: Dashing Doobsian Preventive Strike

"I, and many others, suspect Tether is being used to effectively counterfeit hundreds of millions of dollars of perceived value, which are being immediately reinvested into Bitcoin to keep it from collapsing."

This is a bold thesis necessary to draw the conclusion that Tether is integral. What evidence is there to support this? Why should anyone give a shit about Tiny Tether?

it facilitates transfers and is an arbitrage tool some people use

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191584)



Reply Favorite

Date: January 19th, 2018 5:11 PM
Author: Beady-eyed frisky gay wizard round eye

"I, and many others, suspect the printing press is being used to effectively counterfeit trillions of dollars of perceived value, which are being immediately reinvested into sovereign debt instruments to keep the economy from collapsing"

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191595)



Reply Favorite

Date: January 19th, 2018 5:12 PM
Author: Dashing Doobsian Preventive Strike

lol

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191603)



Reply Favorite

Date: January 19th, 2018 5:14 PM
Author: Embarrassed to the bone indian lodge international law enforcement agency

cr

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191623)



Reply Favorite

Date: January 19th, 2018 5:33 PM
Author: orchid razzle-dazzle stag film

haha wow holy shit

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191736)



Reply Favorite

Date: January 19th, 2018 5:34 PM
Author: Kink-friendly Unholy Base Generalized Bond



(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191743)



Reply Favorite

Date: January 19th, 2018 6:31 PM
Author: Claret shivering address sneaky criminal



(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35192158)



Reply Favorite

Date: January 19th, 2018 5:15 PM
Author: Learning disabled kitchen

you can see how many hundreds of millions of dollars worth of tether were printed in the past few days: https://twitter.com/tetherprinter

the market has been noticeably jumping after many of these printing

you need to remember that the market cap of a crypto doesn't mean much because the liquidity *across the board* is so poor. a whale selling 5% of the market cap of any crypto would crash the price to near zero. so a hundred million dollars being pumped into crypto every day or two would have an enormously outsized impact on crypto market caps

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191632)



Reply Favorite

Date: January 19th, 2018 4:58 PM
Author: Beady-eyed frisky gay wizard round eye

who cares

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191463)



Reply Favorite

Date: January 19th, 2018 4:59 PM
Author: exhilarant hairy legs

I am seriously going to sell. this seems bad. unless someone can tell me why its not.

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191468)



Reply Favorite

Date: January 19th, 2018 5:13 PM
Author: fiercely-loyal disgusting market antidepressant drug

It's about to all come tumbling down. I've been trying to cash out all day

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191613)



Reply Favorite

Date: January 19th, 2018 5:18 PM
Author: vigorous gold persian whorehouse

What's keeping you

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191646)



Reply Favorite

Date: January 19th, 2018 5:19 PM
Author: Beady-eyed frisky gay wizard round eye

coinbase is down, can't fund customer assets lol

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191651)



Reply Favorite

Date: January 19th, 2018 5:43 PM
Author: Sick fragrant shrine community account

http://autoadmit.com/thread.php?thread_id=3863772&mc=13&forum_id=7

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191813)



Reply Favorite

Date: January 19th, 2018 5:23 PM
Author: Kink-friendly Unholy Base Generalized Bond

so its bring produced like the currency its pegged to?

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191678)



Reply Favorite

Date: January 19th, 2018 5:29 PM
Author: Gay Motley School

But they claim to be backed by actual dollars. That's obviously a lie.

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191714)



Reply Favorite

Date: January 19th, 2018 5:34 PM
Author: Gay Motley School

This is a NY Times story waiting to happen. And when it does, that will trigger the collapse, imo. Sell now.

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191753)



Reply Favorite

Date: January 19th, 2018 5:40 PM
Author: Learning disabled kitchen

you sure became an anti-tether believer quickly

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191784)



Reply Favorite

Date: January 19th, 2018 5:41 PM
Author: Gay Motley School

I have a good eye for scams. I've often wondered about those huge buys I see in the middle of a crash, that often turn the tide and shift fear to greed.

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191791)



Reply Favorite

Date: January 19th, 2018 5:42 PM
Author: painfully honest fear-inspiring gaping internal respiration

It's probably arbitrage between exchanges. Lots of exchanges won't cash you out in dollars during high volatility, or even if you could get USD cashout, you couldn't move it from Exchange A to Exchange B (or BitFinex to GDAX) fast enough.

Since USDT has the virtually the same USD value on every exchange ($1.00 +- .01), a person can move USDT between exchanges for ETH/USD arbitrage.

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191799)



Reply Favorite

Date: January 19th, 2018 5:43 PM
Author: Beady-eyed frisky gay wizard round eye

too obvious to be true

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191808)



Reply Favorite

Date: January 19th, 2018 5:43 PM
Author: Razzmatazz hairless blood rage cruise ship

or, you know, an actual ponzi scheme, embezzlement, ... the list goes on

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191810)



Reply Favorite

Date: January 19th, 2018 5:44 PM
Author: painfully honest fear-inspiring gaping internal respiration

Yeah, it could be those too. My second guess would be market manipulation, though.

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191822)



Reply Favorite

Date: January 19th, 2018 6:02 PM
Author: Pea-brained aphrodisiac box office idiot

The difference between what you are describing and kiting is in the eye of the beholder.

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191971)



Reply Favorite

Date: January 20th, 2018 12:15 PM
Author: blathering mauve institution tattoo



(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35196525)



Reply Favorite

Date: January 19th, 2018 5:53 PM
Author: zippy chad

Bitfinex is printing Tether to increase trading volume on its platform in order to bring more users to the Bitfinex platform. If it works and Bitfinex becomes the go-to exchange then we'll probably be fine. If it doesn't, then we'll have a crypto holocaust.

It probably won't work.

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35191892)



Reply Favorite

Date: January 19th, 2018 6:44 PM
Author: 180 headpube

When it collapses I want bitches sucking my veiny Jew cock for being right.

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35192231)



Reply Favorite

Date: January 19th, 2018 6:45 PM
Author: Learning disabled kitchen

Link to call you made?

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35192247)



Reply Favorite

Date: January 20th, 2018 10:17 AM
Author: ivory godawful crotch

Suck my veiny 10,000% USD gains safely in my IRA and high interest savings account

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35195958)



Reply Favorite

Date: January 19th, 2018 6:56 PM
Author: Mentally impaired hell

Just sold everything. Feel much better.

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35192326)



Reply Favorite

Date: January 19th, 2018 6:57 PM
Author: Dashing Doobsian Preventive Strike

LOL

hope it wasn't bc of this, brother

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35192331)



Reply Favorite

Date: January 20th, 2018 9:59 AM
Author: Learning disabled kitchen



(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35195903)



Reply Favorite

Date: January 20th, 2018 11:33 AM
Author: vigorous gold persian whorehouse

buy high sell low

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35196325)



Reply Favorite

Date: January 20th, 2018 12:06 PM
Author: Pea-brained aphrodisiac box office idiot

What happened?

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35196482)



Reply Favorite

Date: January 20th, 2018 12:16 PM
Author: Histrionic corner double fault

ETH is mooning again

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35196531)



Reply Favorite

Date: January 20th, 2018 1:28 PM
Author: Pea-brained aphrodisiac box office idiot

ungh

(http://www.autoadmit.com/thread.php?thread_id=3864788&forum_id=2#35197043)