Jump to content

Brace yourself, the bulls are coming


Recommended Posts

It did seem like a scam last year....  is it possible though that some big players just deposit that amount of USD and therefore the tether is created legitimately....  and the big buys are what bumps prices?

Link to comment
Share on other sites

Here some context I didn't know about before: https://www.coindesk.com/bets-against-bitcoins-price-near-record-highs/    (in short: if price is kept above ~6000 for long enough, a "short squeeze" will bring a decent pump of BTC). I feel like this fact supports the theory that most of the USDT supply is fake, simply because it's so easy and brings sure profit.
BTW another 100m TetherUSD arrived just hours ago.

 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.