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RE: Predictions : What to expect post-SegWit Activation

in #bitcoin7 years ago

I'm not suggesting it so much as a big move into Tether, but more that it is a USD peg that can be used as an intermediary in the absence of a clear "king crypto" - which we might have if the SegWit2x fork splits the Bitcoin market cap into 2 halves. A lot of people still look at USD value of cryptos so using USDT would be reflective of that.

If you look at Poloniex, for example. Beyond the BTC trading pairs you have 8 x XMR pairs, 9 x ETH pairs and 12 x USDT pairs....so does that suggest USDT would be next in line if BTC has problems? I think maybe.

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Interesting. I don't trade at Poloniex, and my exchanges have a lot fewer Tether pairs

Thanks for the info.