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they can sell any volume for tethers. :D

You are very modest, even if it looses 90 percent (it lost about 20 from peak so far), it still would be one of the biggest car makers based on capitalization. What has happened is pure madness. At height share price was $4,500 (that is before the split of course).

it makes even less sense, when you consider the fact that TSLA worth more than all other car companies combined. It will plummet, but on the way up it left few bear corpses.

Quite possible, 25% would be pretty bad.

Of course not. Times are good and stocks only go up :D on a serious note, I think the collapse will begin in crypto world. And then will spill over to stocks.

correct. Forget about below 30k, we can see below 10k very fast once dominos start falling.

this is what happens when price is a fake. Remove tethers and the whole thing will plummet. It is a shame that such great idea is tinted. When it blows up it will be huge, and who knows how it will affect the real World.

why not, this is the only market in the world where a product is traded in real and fake money. Creating fake money take few clicks so to speak. And they will print tethers all the way until being stopped by regulators or until they are exposed as fake and it sinks in.

nice spin. No one here says that Bitcoin has no value. It certainly does, the issue is tethers have no value but being treated as real dollars 1 to 1. And majority of trading is taking place in Tethers. this is a real issue. Tethers refused to be audited for last 5 years or so. Disaster in...

few hour dip was like 17 percent from high to low. Peanuts among friends. Tethers to the rescue. :D

False. I always had only one account.

And yet, BitFinex does just that, create Tethers out of thin air. as far as Wisdom of big names, do names like BearSterns and Lehman Brother ring any bells. how about all billions lost when AAA MBS blew up in everyone faces. And that shit was regulated. And yet a way was found to cheat...

exactly, BitFinex claims that every tethers they issued is backed (originally by dollars but that has been already proved false) but they refused an audit, and the the only time they hired auditors, they just fired them almost immediately claiming auditors did not understood their model. We...

Bitcoin has never been the issue, Tethers are. They have 0 regulation and just created out of thin air. Think about it for a moment 80 percent of Bitcoins are traded in Tethers. Remove Tethers are price will drop like a rock. So what's Bitcoin real value is???

You get it. When all said and done, it will be exactly what you said, "Emperor's clothes". 50K is a fake, manipulated with monopoly money aka Tethers.

absolutely. Before I invest a dollar into anything it needs to be traded in real money, when something is traded in Monopoly money at 80 percent rate, I stay on side lines. Tethers shit does not matter until it does.

As of right now, BitFinex printed 2 billions Tethers over last few weeks, and 80 percent of Bitcoin transactions are in tethers. Let them dobble. remember all those AAA MBS securities issued by all reputable banks, everyone ignored the obvious. We all know how it ended.

Losses had to be bigger than 400B with all those businesses shut down.

Yes, only averaged 30 percent over last 30 years :D, making owners multi billionaires.

More than most think. And like everything else it will end one day. And when it does, boy it will get ugly in a hurry.