>The Crypto-USDT pairs will quickly go no-bid History has shown that this does n... | Hacker News

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		tuesdayrain on Nov 2, 2021 \| parent \| context \| favorite \| on: Report on Stablecoins [pdf] >The Crypto-USDT pairs will quickly go no-bid History has shown that this does not happen in crypto. Even for coins like Bitconnect and Confido that plainly turned out to be scams, there were still buyers long after the news was revealed. People like to bet on dead cat bounces, or some kind of news after the fact that redeems the coin.

arcticbull on Nov 2, 2021 [–]

It did happen at Gox and Quadriga, although I suspect you're probably right that the market will equalize above zero.

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