Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Fresh buy-side momentum and value distortion such as Tether drive up the price. Once that flatlines or even slows down, you get hell.

>for 12some years, they have been right.

This is akin to a child counting on the toothfairy.

https://protos.com/tether-papers-crypto-stablecoin-usdt-inve...

^ Very eye-opening look at the true playbook behind the crypto space. It's very much run by CBOE-derived quant firms running the economy like a casino.



> This is akin to a child counting on the toothfairy.

I am not recommending anyone does this; I would never and, like said, I do not have any crypto (I had in 2017); I was just commenting that they were right so far, which is indeed saying I am immortal because I didn’t die.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: