Why Tether can crash every exchange
Now that the news of Tether fraud and Bitfinex execs getting Fed Subpoena's is news.
The reason I warned my investors 4 days ago to cold wallets becomes more in focus.
The Tether scandal is not going away and it will only get worse until the execs of Bitfinex are on parade in a perp walk.
Then the media will have a field day, first Mt. Gox then Silk Road and now Tethers so investors that rely on exchanges for wallets and try to exit and like they say when the stampede happens on an exchange the doors get closed and any one left in the exchange is trapped.
So the media and the future arrest of the Bitfinex gang will cause the media to trash all crypto.
The only good news I see is how much I LOVE STEEM.
So forget about the price, all crypto is in for a huge drop, but the real exchange for STEEM is here, creating it and sharing the love.
Eventually new exchanges will come back, not based on the value of BTC and most will be in the Cayman Islands.
But we are in for a very nasty year my friends, and you can thank the criminals behind Bitfinex for it.
My article days ago warning investors FLEE NOW
https://www.soladoni.com/usd-tethers-unravel-crypto-meltdown/
My post here two days ago warning Tether will keep impacting crypto values and markets.
https://steemit.com/tethers/@soladoni/crash-of-usd-tethers-crashes-bitfinex
Kryptous carrying my warning
https://kryptous.com/the-prophet-warns-exit-all-crypto-exchanges-now/
Kryptous grading Bitfinex an F
https://kryptous.com/bitfinex-crypto-exchange-rating-f/
All the news about Tethers and Subpoenas
https://kryptous.com/?s=tether+subpoena
So
BUY HODL STEEM
Old coins you got cheap cold storage
Anything you in less than 75% profit SELL NOW
My site is https://soladoni.com
My early news letter for investors is
https://prophet.business