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| Topic | Ethereum broke its all time high [crypto] |
| Sad_Face 01/21/21 12:12:21 PM #27: | 1337toothbrush posted... If you're going to invest in any crypto, it seems like a bad idea to do it at the height of the pump and while tether is in the process of being exposed as the massive scam that it is, which will drag down bitcoin and consequently all other cryptos with it. What's driving this rally is economic uncertainty and need to hedge against the weakening US dollar and the De-Fi boom that's blowing up gas fees on Ethereum to insane heights. https://twitter.com/YahooFinance/status/1331635984732188674?s=20 https://twitter.com/SergeyNazarov/status/1351733639910879234?s=20 Speaking of Tether, people are speculating and discussing the possibility of using Chainlink to verify the reserves, proof of Reserves if you will, so stablecoin projects are forced to be transparent. In any case, last I checked, Tether delivered 2.5 million pages worth of documents on the fabled 15th. So we'll see what happens with the ongoing lawsuit. I doubt it'll amount to much and there are a billion and 2 stablecoins out there ready to steal its throne. --- ... Copied to Clipboard! |
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