so many people are trading with $USDT that there isn't enough $USDT on bittrex for people to trade with. This is made evident by how people are dumping $BTC at a loss onto the $USDT market to get some $USDT.
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Replying to @loomdart
Understanding Tether as a common deflationary cryptocurrency is wrong. It should be inflationary (highly?) because it is supposed to be spent and not stored?
2 replies 0 retweets 1 like
Replying to @flyingheadofbtc @loomdart
In this case specifically it should actually be adjusted according to market demand entirely phasing between printing during bull runs and buy backs during bear markets
6:22 AM - 13 Dec 2017
0 replies
0 retweets
3 likes
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