Crypto Market Roiled by New Allegations Against Tether, Bitfinex

Re:Crypto Market Roiled by New Allegations Against Tether, B... by 6nf on Thursday April 25, 2019 @09:18PM (#19754045)

Why would you hold significant amounts of Tether? There's no upside and all of the downside.

Why do you do it?

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Re:Crypto Market Roiled by New Allegations Against Tether, B... by chimpburger on Friday April 26, 2019 @12:04AM (#19754779)

It's used for margin trading at exchanges that do not accept fiat

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Re:Crypto Market Roiled by New Allegations Against Tether, B... by asynchrony on Friday April 26, 2019 @01:25AM (#19755050)

I suppose leveraged betting is done best when backed by worthless collateral.

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Re:Crypto Market Roiled by New Allegations Against Tether, B... by arisAlexis on Friday April 26, 2019 @10:07AM (#19757621)

exactly and that means that regular long-term investors should not be worried at all about this.

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Re:Crypto Market Roiled by New Allegations Against Tether, B... by Zarath on Thursday April 25, 2019 @11:55PM (#19754729)

Best liquidity, most pairs, and can be bought at a discount.

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