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RE: RED ALERT - Mt. Gox 2.0 Brewing - Bitfinex May Be Issuing Unbacked Tether To Paper Over Banking Service Loss - What We Think We Know (Part 1)

in #bitcoin6 years ago

An event like Mt. Gox would create the ultimate buying opportunity, so there is that silver lining. Oddly enough SBD would prob be one of the safest places, cus it's "tied" the the dollar just less that whole full backing thing.

But honestly, even after the segwit HF cancellation I dumped some BTC into USD as many of the other coins were volatile as shit too.

It's the wild wild west my man! Only place you can 10x your money in less than a month and also lose it all in days. I accept the environment that I am in, both good and bad.