BitcoinMis à jour TETHER FRAUD PROPPING UP BTC MARKET
650 million USDT printed since 14 January.
Coincidentally, that's when BTC started dropping.
People started cashing out to USDT.
USDT value increased.
Uh, oh...USDT needs to be 'stable'...it needs to be 1:1 with actual USD.
Let's print some more USDT to reduce its value.
However, in doing so, Tether is effectively propping up the value of BTC.
Especially as Bitfinex (highest volume BTC/USD exchange) considers USD and USDT to be interchangeable...
Even though USDT is a non-redeemable token!
Pure fraud.
Coincidentally, that's when BTC started dropping.
People started cashing out to USDT.
USDT value increased.
Uh, oh...USDT needs to be 'stable'...it needs to be 1:1 with actual USD.
Let's print some more USDT to reduce its value.
However, in doing so, Tether is effectively propping up the value of BTC.
Especially as Bitfinex (highest volume BTC/USD exchange) considers USD and USDT to be interchangeable...
Even though USDT is a non-redeemable token!
Pure fraud.
Note
Casual 100M USDT printed again
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.