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RE: BIP91 Has Locked In! UASF is Dead. Could Bitcoin Hit New ATH?

in #bitcoin7 years ago

Just use Tether! Trade your money for Tether if you think bitcoin is going to crash and you want to buy some or sell your bitcoin for tether if you can't sell it on coinbase! Later you can sell you tether for bitcoin and cash that out.

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What is tether?

Tether is crypto coin that is fixed to the dollar price, so 1 tether is always one dollar. Instead of cashing out you bitcoins to dollar you could simply buy tether and stay in the crypto world without taking care of fees and taxes.

You gotta take the risks of holding your coin at BItfinex to mess with Tether.

Bitfinex like many exchanages past & present have significant risks. Here's the latest interesting bit of reading about 'finex.

https://medium.com/@bitfinexed/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4?source=linkShare-89b4ba3f2b62-1502043610

hmm right, what about steemdollar? You can keep them in your wallet and they kinda work the same way.

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