Next crypto bubble: people mass-bailing out tether by exchanging it for Bitcoin,... | Hacker News

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		shrimpx on April 26, 2019 \| parent \| context \| favorite \| on: Crypto Market Roiled by New Allegations Against Te... Next crypto bubble: people mass-bailing out tether by exchanging it for Bitcoin, Litecoin, etc.

gzu on April 26, 2019 [–]

Yes people exchanging their worthless asset (tether) for bitcoin so they can sell it for real USD.

BTC-USDT -> infinity BTC-USD -> much lower

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