How bad will Bitfinex's demise, and inevitable crash of the Tether affect the overall cryptocurrency market?

I had no idea any of this was going on over at Bitfinex via the Tether until now, and when the jig is finally up, how bad will the market get hit?

What price will Bitcoin fall to, especially after so many witnessed the fall of Mt. Gox some years back, and all of their investments were just gone in a puff of smoke... without a trace?

Here's the articles if you'd like to know what the hell I'm talking about by the way:

https://medium.com/@bitfinexed/are-legitimate-institutional-investors-really-coming-onto-bitfinex-s-platform-i-don-t-think-so-cb4ed5175092

https://hackernoon.com/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4

What say you guys and gals, are you worried... or is this just highly believable fear, uncertainty, and doubt?

The Fall of Bitfinex

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