Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

2. Some interesting data about Tether and its use to manipulate the price of bitcoin and other cryptos. While this seems credible..I would caution that this needs further peer review. Also of note..this is not the best written paper I have seen from an academic. There are several problems with continuity and syntax I spotted right off. ymmv.
https://poseidon01.ssrn.com/delivery.php?ID=295096073027113073065090119101116107055064063038093061070012082027073102081003117023041124051002057017044101120072087031100027017010070089022088094094112018087082125059006082106028007000092107024030017085025127109107118017000105108013080026065066096093&EXT=pdf

Dejavu dejavu... Year 2014: After bearwhale attacks, the price is already back to $400-500 level. And then they hit with the final FUD "bots were used to maniupulate the price" and down we go to $200. This time it´s Tether. Looks like "they" really planned everything very well all over again.

LoooL so the tether FUD is back on the table. Today? Really? What a coincidence, isnt it?

I was 99,99% sure this card ist going be played at the end, the final joker card...

It´s all over in the news

https://www.bloomberg.com/news/articles/2018-06-13/professor-who-rang-vix-alarm-says-tether-used-to-boost-bitcoin
https://www.coindesk.com/study-claims-tether-props-bitcoins-price-in-market-downturns/
https://futurism.com/bitfinex-tether-bitcoin-manipulation/

Very well timed. 2 days ago the bear attack and now these news.

So we could expect a drop to 3k levels or even deeper?

If this bursts, I am not sure if we will see 5 digits ever again?

Agree. The "news" is created to support the 'move'