Tether starting to lose its peg too, after Terra did
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Tether starting to lose its peg too, after Terra did
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Re: Tether starting to lose its peg too, after Terra did
#2Going to be a hell of a ride down.
Wouldn’t surprise Me to wake up to sub $20k BTC
Re: Tether starting to lose its peg too, after Terra did
#3I don't think it's losing its peg, but who knows... Everything is so crazy right now.
Re: Tether starting to lose its peg too, after Terra did
#4If Tether is backed, then Bitfinex could buy currently-discounted tethers off the market and redeem them for face value, pocketing the difference. The fact this is not happening means they really don't have the money, do they?
Re: Tether starting to lose its peg too, after Terra did
#5Going to be a hell of a ride down. Wouldn’t surprise Me to wake up to sub $20k BTC
If Tether massively breaks the peg, there is a non-trivial chance of sub $2k BTC tomorrow
Re: Tether starting to lose its peg too, after Terra did
#6Watching this in real time. Crazy. Currently at .97.