\
  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
titillating sapphire quadroon pistol
  01/19/18
Had to google that one: https://www.cryptocompare.com/coi...
Sienna old irish cottage
  01/19/18
you need to get educated on the USDT scam, bro.
titillating sapphire quadroon pistol
  01/19/18
What does that 16.5% mean?
Sienna old irish cottage
  01/19/18
16.5% of the ETH that was bought in the past 24 hours was do...
titillating sapphire quadroon pistol
  01/19/18
Got it, but what's the significance of that?
Sienna old irish cottage
  01/19/18
https://tonyarcieri.com/the-tether-conundrum
titillating sapphire quadroon pistol
  01/19/18
Very interesting- thanks.
Sienna old irish cottage
  01/19/18
"I, and many others, suspect Tether is being used to ef...
mahogany depressive institution
  01/19/18
"I, and many others, suspect the printing press is bein...
Swashbuckling Olive Range
  01/19/18
lol
mahogany depressive institution
  01/19/18
cr
Irradiated Free-loading Gay Wizard Boiling Water
  01/19/18
haha wow holy shit
carmine trailer park stock car
  01/19/18
...
abnormal multi-colored mediation
  01/19/18
...
cheese-eating senate tattoo
  01/19/18
you can see how many hundreds of millions of dollars worth o...
titillating sapphire quadroon pistol
  01/19/18
who cares
Swashbuckling Olive Range
  01/19/18
I am seriously going to sell. this seems bad. unless someone...
Embarrassed to the bone tantric goal in life step-uncle's house
  01/19/18
It's about to all come tumbling down. I've been trying to ca...
Odious Coral Native Pervert
  01/19/18
What's keeping you
black adventurous corn cake sanctuary
  01/19/18
coinbase is down, can't fund customer assets lol
Swashbuckling Olive Range
  01/19/18
http://autoadmit.com/thread.php?thread_id=3863772&mc=13&...
cream house
  01/19/18
so its bring produced like the currency its pegged to?
abnormal multi-colored mediation
  01/19/18
But they claim to be backed by actual dollars. That's obviou...
Sienna old irish cottage
  01/19/18
This is a NY Times story waiting to happen. And when it does...
Sienna old irish cottage
  01/19/18
you sure became an anti-tether believer quickly
titillating sapphire quadroon pistol
  01/19/18
I have a good eye for scams. I've often wondered about those...
Sienna old irish cottage
  01/19/18
It's probably arbitrage between exchanges. Lots of exchanges...
fragrant cuckold chad
  01/19/18
too obvious to be true
Swashbuckling Olive Range
  01/19/18
or, you know, an actual ponzi scheme, embezzlement, ... the ...
self-centered ticket booth
  01/19/18
Yeah, it could be those too. My second guess would be market...
fragrant cuckold chad
  01/19/18
The difference between what you are describing and kiting is...
Wonderful hilarious heaven
  01/19/18
...
Bright talented mood lettuce
  01/20/18
Bitfinex is printing Tether to increase trading volume on it...
coiffed spot ape
  01/19/18
When it collapses I want bitches sucking my veiny Jew cock f...
cerise useless principal's office fat ankles
  01/19/18
Link to call you made?
titillating sapphire quadroon pistol
  01/19/18
Suck my veiny 10,000% USD gains safely in my IRA and high in...
Fighting Striped Hyena
  01/20/18
Just sold everything. Feel much better.
brass mind-boggling field friendly grandma
  01/19/18
LOL hope it wasn't bc of this, brother
mahogany depressive institution
  01/19/18
...
titillating sapphire quadroon pistol
  01/20/18
buy high sell low
black adventurous corn cake sanctuary
  01/20/18
What happened?
Wonderful hilarious heaven
  01/20/18
ETH is mooning again
Vermilion Keepsake Machete Market
  01/20/18
ungh
Wonderful hilarious heaven
  01/20/18


Poast new message in this thread



Reply Favorite

Date: January 19th, 2018 4:53 PM
Author: titillating sapphire quadroon pistol

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: Sienna old irish cottage

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: titillating sapphire quadroon pistol

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: Sienna old irish cottage

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: titillating sapphire quadroon pistol

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: Sienna old irish cottage

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: titillating sapphire quadroon pistol

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: Sienna old irish cottage

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: mahogany depressive institution

"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: Swashbuckling Olive Range

"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: mahogany depressive institution

lol

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



Reply Favorite

Date: January 19th, 2018 5:14 PM
Author: Irradiated Free-loading Gay Wizard Boiling Water

cr

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



Reply Favorite

Date: January 19th, 2018 5:33 PM
Author: carmine trailer park stock car

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: abnormal multi-colored mediation



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



Reply Favorite

Date: January 19th, 2018 6:31 PM
Author: cheese-eating senate tattoo



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



Reply Favorite

Date: January 19th, 2018 5:15 PM
Author: titillating sapphire quadroon pistol

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: Swashbuckling Olive Range

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: Embarrassed to the bone tantric goal in life step-uncle's house

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: Odious Coral Native Pervert

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: black adventurous corn cake sanctuary

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: Swashbuckling Olive Range

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: cream house

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: abnormal multi-colored mediation

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: Sienna old irish cottage

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: Sienna old irish cottage

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: titillating sapphire quadroon pistol

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: Sienna old irish cottage

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: fragrant cuckold chad

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: Swashbuckling Olive Range

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: self-centered ticket booth

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: fragrant cuckold chad

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: Wonderful hilarious heaven

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: Bright talented mood lettuce



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



Reply Favorite

Date: January 19th, 2018 5:53 PM
Author: coiffed spot ape

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: cerise useless principal's office fat ankles

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: titillating sapphire quadroon pistol

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: Fighting Striped Hyena

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: brass mind-boggling field friendly grandma

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: mahogany depressive institution

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: titillating sapphire quadroon pistol



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



Reply Favorite

Date: January 20th, 2018 11:33 AM
Author: black adventurous corn cake sanctuary

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: Wonderful hilarious heaven

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: Vermilion Keepsake Machete Market

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: Wonderful hilarious heaven

ungh

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