Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bones261
on 22/03/2018, 03:41:22 UTC
Quote from: Hueristic on March 22, 2018, 03:32:20 AM
Quote from: bones261 on March 21, 2018, 06:20:14 PM
Quote from: Hueristic on March 21, 2018, 05:41:22 PM
I went back 7 pages to find any discussion on the 300 million new USDT and gave up. Too many of these retards in this thread.

If you want to keep up with the conversation on Tethers, you can go to this link. https://twitter.com/bitfinexed?lang=en
This has been a hot topic of conversation for several month. You really think all of the Bitcoin whales have been oblivious to this factor for several months?Huh The fact that Bitfinex/Tether has not been the most transparent regarding this matter is already priced in. If Tether is indeed a shitcoin, with absolutely no USD to back it up, the honey badger doesn't give a shit. Are we overly concerned when some other shitcoin makes a tumble because it's a scam? BTC is traded for those shitcoins too, just like Tether.


Although true, I was under the assumption that Tether had alot to do with the initial pump in OCT.


Also I don't follow twitter and This 300 MILLION USDT was created Yesterday.

https://omniexplorer.info/tx/f3efac4b6203248fc06e2788b61e732319a6e596768f5240680f944780ff84f4

If Tether is legit, then the printing of Tethers is justified by people making actual wire transfers to Bitfinex and Bitfinex making sure there are enough tethers for people to transfer them to other exchanges if they care to.
If Tether is not legit, then the house of cards will tumble and Bitfinex will become insolvent. Good riddance. Honey badger may end up taking a little nap after getting bitten; but in the end honey badger won't give a shit.