Post
Topic
Board Speculation
Re: TETHER 'PRINTED' 250,000,000 USD, WILL BITCOIN PRICE RISE?
by
KingScorpio
on 27/06/2018, 12:00:46 UTC
Tether released a statement that they received a deposit of 250,000,000.00 and as such created new tethers.Will this have a positive impact on the price of bitcoin?
https://bitcoinist.com/tether-grant-250-million-usdt-bitcoin/

tether has become the FED of the cryptoindustry that still calculates and thinks in usd

tether is not 100% backed anymore since it was hacked once and 35 million usdt where stolen

its not even backed with usd, most risky fiat worldwide. its just a token calling itself usdt.

as long as people will continue to use coinmarketcap and its cryptoranking it will stay useable though.

something i have to stop need to use a better index filtration system.

regards