Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
+114 mil tethers during the last 3 days , 20k until jan ? 
Its extraordinary. People wire USD to Bitfinex. Bitifinex gives them Tethers for their USD. They spend the Tether on Bitcoin. The price of Bitcoin goes up. Its incredibly suspicious how people buying Bitcoin makes the price go up and brings more Tethers into circulation. You just cant explain that. It has to be a conspiracy.
A more likely scenario is Tether is printed. Btc is bought during the dips and is pumped during this buying. Btc is transferred to other exchanges and sold for USD. USD is transferred to Tether bank accounts. Rinse repeat