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bitcoin:scenarios:tethertrap

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bitcoin:scenarios:tethertrap [2017/04/23 20:30] donpdonpbitcoin:scenarios:tethertrap [2017/04/23 20:49] donpdonp
Line 1: Line 1:
 2017-Apr-23 2017-Apr-23
-poloniex eth_usdt $52.7+observation: poloniex eth_usdt $52.7
  
-usdt $1-$0.92+observation: usdt $1-$0.92 dip
  
   * what happens if usdt crashes?   * what happens if usdt crashes?
     * race into eth, etc.     * race into eth, etc.
 +
 +alert/trigger condition
 +  * eth price moves more than 3x 1week std deviation in 1 hour.
  
 advantages advantages
   * not being in usdt   * not being in usdt
 +
 +plans
 +  * at usdt drop, convert to usdt
 +    * assumes usdt will recover
 +  * do nothing