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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
laughsome poppy faggot firefighter
  01/19/18
Had to google that one: https://www.cryptocompare.com/coi...
Hilarious multi-colored menage voyeur
  01/19/18
you need to get educated on the USDT scam, bro.
laughsome poppy faggot firefighter
  01/19/18
What does that 16.5% mean?
Hilarious multi-colored menage voyeur
  01/19/18
16.5% of the ETH that was bought in the past 24 hours was do...
laughsome poppy faggot firefighter
  01/19/18
Got it, but what's the significance of that?
Hilarious multi-colored menage voyeur
  01/19/18
https://tonyarcieri.com/the-tether-conundrum
laughsome poppy faggot firefighter
  01/19/18
Very interesting- thanks.
Hilarious multi-colored menage voyeur
  01/19/18
"I, and many others, suspect Tether is being used to ef...
Massive beady-eyed casino ceo
  01/19/18
"I, and many others, suspect the printing press is bein...
arousing hyperventilating azn
  01/19/18
lol
Massive beady-eyed casino ceo
  01/19/18
cr
Hairraiser hunting ground hall
  01/19/18
haha wow holy shit
passionate stage rigor
  01/19/18
...
Maize Temple Ape
  01/19/18
...
Bearded Locus
  01/19/18
you can see how many hundreds of millions of dollars worth o...
laughsome poppy faggot firefighter
  01/19/18
who cares
arousing hyperventilating azn
  01/19/18
I am seriously going to sell. this seems bad. unless someone...
Adventurous henna meetinghouse personal credit line
  01/19/18
It's about to all come tumbling down. I've been trying to ca...
racy blood rage point
  01/19/18
What's keeping you
Vengeful international law enforcement agency library
  01/19/18
coinbase is down, can't fund customer assets lol
arousing hyperventilating azn
  01/19/18
http://autoadmit.com/thread.php?thread_id=3863772&mc=13&...
Soul-stirring naked church travel guidebook
  01/19/18
so its bring produced like the currency its pegged to?
Maize Temple Ape
  01/19/18
But they claim to be backed by actual dollars. That's obviou...
Hilarious multi-colored menage voyeur
  01/19/18
This is a NY Times story waiting to happen. And when it does...
Hilarious multi-colored menage voyeur
  01/19/18
you sure became an anti-tether believer quickly
laughsome poppy faggot firefighter
  01/19/18
I have a good eye for scams. I've often wondered about those...
Hilarious multi-colored menage voyeur
  01/19/18
It's probably arbitrage between exchanges. Lots of exchanges...
walnut coiffed sex offender black woman
  01/19/18
too obvious to be true
arousing hyperventilating azn
  01/19/18
or, you know, an actual ponzi scheme, embezzlement, ... the ...
submissive rebellious den
  01/19/18
Yeah, it could be those too. My second guess would be market...
walnut coiffed sex offender black woman
  01/19/18
The difference between what you are describing and kiting is...
Twinkling infuriating brunch police squad
  01/19/18
...
Histrionic corner
  01/20/18
Bitfinex is printing Tether to increase trading volume on it...
spectacular half-breed step-uncle's house
  01/19/18
When it collapses I want bitches sucking my veiny Jew cock f...
Cerebral transparent range love of her life
  01/19/18
Link to call you made?
laughsome poppy faggot firefighter
  01/19/18
Suck my veiny 10,000% USD gains safely in my IRA and high in...
exhilarant grizzly scourge upon the earth stain
  01/20/18
Just sold everything. Feel much better.
vibrant amethyst mood masturbator
  01/19/18
LOL hope it wasn't bc of this, brother
Massive beady-eyed casino ceo
  01/19/18
...
laughsome poppy faggot firefighter
  01/20/18
buy high sell low
Vengeful international law enforcement agency library
  01/20/18
What happened?
Twinkling infuriating brunch police squad
  01/20/18
ETH is mooning again
fiercely-loyal pit
  01/20/18
ungh
Twinkling infuriating brunch police squad
  01/20/18


Poast new message in this thread



Reply Favorite

Date: January 19th, 2018 4:53 PM
Author: laughsome poppy faggot firefighter

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: Hilarious multi-colored menage voyeur

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: laughsome poppy faggot firefighter

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: Hilarious multi-colored menage voyeur

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: laughsome poppy faggot firefighter

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: Hilarious multi-colored menage voyeur

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: laughsome poppy faggot firefighter

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: Hilarious multi-colored menage voyeur

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: Massive beady-eyed casino ceo

"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: arousing hyperventilating azn

"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: Massive beady-eyed casino ceo

lol

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



Reply Favorite

Date: January 19th, 2018 5:14 PM
Author: Hairraiser hunting ground hall

cr

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



Reply Favorite

Date: January 19th, 2018 5:33 PM
Author: passionate stage rigor

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: Maize Temple Ape



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



Reply Favorite

Date: January 19th, 2018 6:31 PM
Author: Bearded Locus



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



Reply Favorite

Date: January 19th, 2018 5:15 PM
Author: laughsome poppy faggot firefighter

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: arousing hyperventilating azn

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: Adventurous henna meetinghouse personal credit line

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: racy blood rage point

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: Vengeful international law enforcement agency library

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: arousing hyperventilating azn

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: Soul-stirring naked church travel guidebook

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: Maize Temple Ape

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: Hilarious multi-colored menage voyeur

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: Hilarious multi-colored menage voyeur

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: laughsome poppy faggot firefighter

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: Hilarious multi-colored menage voyeur

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: walnut coiffed sex offender black woman

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: arousing hyperventilating azn

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: submissive rebellious den

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: walnut coiffed sex offender black woman

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: Twinkling infuriating brunch police squad

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: Histrionic corner



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



Reply Favorite

Date: January 19th, 2018 5:53 PM
Author: spectacular half-breed step-uncle's house

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: Cerebral transparent range love of her life

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: laughsome poppy faggot firefighter

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: exhilarant grizzly scourge upon the earth stain

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: vibrant amethyst mood masturbator

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: Massive beady-eyed casino ceo

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: laughsome poppy faggot firefighter



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



Reply Favorite

Date: January 20th, 2018 11:33 AM
Author: Vengeful international law enforcement agency library

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: Twinkling infuriating brunch police squad

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: fiercely-loyal pit

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: Twinkling infuriating brunch police squad

ungh

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