[quickthrower2]

> There is no scenario where USDT goes to $10 and you lose your money.

It is possible (even if unlikely) because cryptocurrencies backed by absolutely nothing have value - and arbitrary value at that.

To make it happen Tether could announce they are unpegging and will spend 1Bn to buy back tether at any market price on exchanges. The gambling masses join in. Suddenly Tether is another mooncoin.

[dereg]

This couldn't be further from the truth. Market makers would be glad to sell Tether at a premium. Bitfinex only has enough money so as to retire all Tether coins and buy not a cent more. That said, if you're truly bearish on Tether, then you should believe that Finex doesn't have enough money to retire all Tether coins.