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Re: SeaBlue post# 16949

Tuesday, 05/17/2022 3:04:06 PM

Tuesday, May 17, 2022 3:04:06 PM

Post# of 19260
Not only is the Fed worthless, it would appear as time marches on we're going to see more crypto holdings become WORTHLESS. More discussion about Tether in this article and how the Big Boys are bailing on it.

IMO this is only a matter of time in coming, as the liquidity is drained from the markets, so will the money in these UNstable crypto scams. What happens when Bitcoin goes sub $20K and all the big Shots have their margin calls happen?
It's going to get very ugly indeed.

Nobody gives a damn until the SHTF moment arrives. LOL

https://www.cnbc.com/2022/05/17/tether-usdt-redemptions-fuel-fears-about-stablecoins-backing.html

P.S.: I heard some Talking Head on Fox biz news yesterday say Bitcoin would be $250K/per coin by the end of this year. I'm thinking it may have a hard time making $25K. We shall see.