Post
Topic
Board Bitcoin Discussion
Re: If convicted, will Tether USDT crash the markets?
by
Hydrogen
on 14/02/2018, 18:47:11 UTC

Tether is only $2b of the $420b market, right?

The media claims tether(USDT) printed "$80 billion dollars" out-of-thin-air to artificially prop up the price of btc.

I'm glad someone realizes the market cap of tether is only $2 billion.  Smiley

I hope people pose the question of whether $2 billion is enough to overinflate the value of bitcoin.

The media has a lot to answer for. They need extraordinary evidence to support their extraordinary claims. I think the investigation will only confirm the media's anti crypto bias in fabricating false tether info to sow fear and doubt in the minds of less experienced investors.