Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
mestar
on 02/12/2017, 09:46:53 UTC
+114 mil tethers during the last 3 days , 20k until jan ? Roll Eyes
It’s 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.  It’s incredibly suspicious how people buying Bitcoin makes the price go up and brings more Tethers into circulation.  You just can’t explain that.  It has to be a conspiracy. 


Given that in history, nobody could resist the temptation of giving himself free money when having the power to do so, I think we have finally found somebody worthy enough.  Thus, printing USDT is totally legit.