Replies to post #87536 on Savvy Trades and Investments

[littlejohn]

bitcoin pyramid rising creates tether pyramid

of unbacked tether exponentially

higher with price rises...


same bitcoin bouncing back and

forth hourly for extended periods

creates artificial or virtual

equity increase...

but the tether may not get any

new Actual deposits for periods

during extended bitcoin price gains...


Common sense leads you to believe

that even Mish over estimated

how much tether may be out there

anywhere that bot real dollars...


Unregulated makes running pyramids

easier but not Legal Tender...


So we watch...LJ