Crypto Markets #5 - USDT - Tether - it's a scam but who cares

Yes, who cares that USDT is a scam, the coin is still trading at almost 1$USD. It is still being used for liquidity even though there is a high probability Tether doesn't have a fraction of the money they said they had to back this coin. This market is in such a need for liquidity that they are shrugging off the notion that they are getting taken advantage of. This coin should be much lower for a while until Tether can prove how much money they have to back the coin. I will stick with STEEM and a few of the coins that have a fairly good track record.