✴️ BITCOIN JUMPS OVER $1,000+ DUE TO (USTD) TETHER FUD? πŸ“ˆ

in #charlesfuchs β€’ 6 years ago (edited)

https://s3.us-east-2.amazonaws.com/partiko.io/img/stackin-bitcoin-jumps-over-1000-due-to-ustd-fud-t5hzmpaz-1539589037543.png

What’s up STACKERS!

An hour ago, I was just minding my own business having fun battling people on STEEM Monsters all night and my iPhone notifications went nuts! πŸ₯œ πŸ“²

Bitcoin jumped from $6300 to $7400 within an hour on Binance! 😳

I was wondering what was happening so I jumped on twitter! Lots of post are saying that Tether (USDT) might be insolvent and everyone was bailing out of it into Bitcoin.

Be careful out there guys, lot's of misinformation is getting spread across social media. πŸŽ™ πŸ“‘

Do not FOMO into Bitcoin, this is just a temporary thing and most people are selling there USTD and into Bitcoin. However, I believe they are just going to cash out. In other words, Bitcoin can take a major hit on the downside from here. 😿

If the Tether USDT news is legit, it can cause a huge crash in the markets but who knows... it can all just be FUD.

Only time will tell, Keep On STACKIN! πŸ’ž

~ Charles Fuchs

For those who's interested in following my "Content" and "Daily" Posts... you can just follow me @stackin to get my updates.

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Holy freak! That's exciting!!! :D and oh, I have no idea how to battle on Steem Monster. I got some cards and gotta use it rightttt

Β 6 years agoΒ (edited)Β 

I've been getting my butt kicked in steem monsters all night. :)

Hmm really gotta check it out. I went on the site and was pretty much like (O.o)! They told me to choose a leader of a team or something and I just close the tab right away. I freaked outttt!!!!! LOLOL

Totally a boys' thing but I will learn somehow. Can we watch when people battle?? LOLOL

Yes right today i also see it happen suddenly.

Craziness πŸ˜‚

β€œBe careful out there guys, lot's of misinformation is getting spread across social media”

As long term value investors I don’t pay attention for the noises but this is something I feel it’s not just a noise

I have to agree with you. Let’s see what happens, I’m glad I got out of Tether like 3 months the ago. πŸ’†πŸΌβ€β™‚οΈ

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Oh Thanks!

Most of the valuable Blockchain will moon in few years.

Patientce is the key

614B861A-E7E2-4CC3-9CF3-789D1A18A3F9.jpeg

if tether crashes it could also go into the other direction and rive the prices up more but still as you say dont fomo atm no one knows anything atm and those who know dont tell yet

I have no idea what is going on, let’s see what I can find out lol

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In regards to Tether...

πŸ˜‚

Charles as a Retired StockBroker You Crack Me UP.......You know I love you just like a Brother, but if Tether Fails I would not worry about the Crypto Market. We have all our Money in Silver.....No Worries........

Silver will always be real money... I will stack it til I die πŸ˜‚

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Very Well Spoken by a Guy who Lives in the SILVER STATE

Crypto currency would be good in every run , long short and medium term I am with you

People out there always Fomoing it's crazy! FUD always out there causing problems!

It makes it exciting but when you lose money it sucks haha

Agreed. It's having a pendulum movement at $7000...something unusual. Tether is pumping.

Craziness going on. Reminds me of 2017 lol

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yeah... plenty of natter floating about... would be nice to see it be on a permanent up 'n up lol ...

Crypto people are nuts lol :)

makes the world an interesting place I say ;) hahaha!

Thanks for the advise and warning @stackin! β™₯ :)

What do I know, I can be totally wrong haha :)

Buy tether, if it goes back up to $1, garuanteed profit. If it falls to $0, all the value went to Bitcoin and you've helped move Bitcoin Price.

Win-Win

I’m thinking that if they were in usdt, they will go into bitcoin but cash out πŸ€·πŸΌβ€β™‚οΈ

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That's what's happening now. I was assuming that some forward thinking risk-taking trader would have bought usdt when the price was down with the assumption that USDT will always go back to $1.

I highly doubt people who still hold USDT are going to be bagholders though.. At least not in the next few months..

I could be wrong.. That if that were true, happily wrong.

Hi @stackin!

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Usually it is buy the rumor sell the news, but in this case I think its sell the rumor (bitcoin) buy the news (bitcoin).

It’s getting tuff out there in the crypto streets lol

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The USDT manipulation in the market is back just like last year hopefully bitcoin will keep flying :D

I want bitcoin at $4000, I need some on a discount πŸ˜‚

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I was wondering about the jump. Thank you for the explanation.

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People staring at the charts for hours lol

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yeah..

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just follow the market, FUD news is just distraction.

So hard to know what is going on. Seems to have calmed down for now however.

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