Quote from: PETES on September 10, 2018, 04:11:08 PM

Quote from: fabuloveu on September 05, 2018, 06:19:46 AM

Hello

There is a report that is going on right. 100 million tether was printed, $100 million of Bitcoin was moved to 3 exchange at the same. What is going on now? Could this lead to a dump or pump?.

As far as I know bitcoin doesn't backed by anything nor tether isn't an issue here. Its paths are different, tether is for USD and nothing to do with bitcoin. So don't put something that isn't applicable in the first place. Market is in serious bear trend and all are just the usual thing.

Have you seen it correctly? Tether has been used to buy bitcoin in the market. It can be used to buy bitcoin on any exchange that accepted tether as a part of their service. I guess you don't even get what was talking about by OP. Tether company just act like a banker in the crypto. I don't know where's the source of that company to get more and more dollar to generate USD.