Ninjastic
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Board Trading Discussion
Re: Tether drops 28 billion Bitcoin jumps 28 billion.
by
noormcs5
on 12/05/2019, 06:02:32 UTC
Quote from: Ryo1946 on May 12, 2019, 04:47:46 AM
The Tether delisting has given Bitcoin a great price jump. Especially positive 2+ extra billion beyond the 28 billion Tether drop/ Bitcoin jump. This is looking good for the predictors of a high Bitcoin price.

As you all may not have known the cause of the Bitcoin fall. It was in adjunction with the Tether manipulation.

But now that’s over with.

-Ryo1946

Link to article.

https://medium.com/@devilman5214/tethers-delist-gives-resurrection-to-suppressed-bitcoin-and-altcoins-c463bd8c2a0c?source=rss------crypto-5

Tether fud has make people invest in bitcoin and leave the USDT. This is the reason we see a mini bull run in bitcoin at the moment. There is no stable currency as Tether has been backed by USD by 74% only which is creating panic amount the USDT holders. Once this fud will be over people will convert back to USDT to book profit from BTC.