Re: usdt tether market cap grows from 4,6 billions to 10,800 billions from March

Quote from: elda34b on Today at 06:18:38 AM

They already said that their USDT is not backed 1:1 by fiat (wording aside, we know what it implies): https://www.coindesk.com/tether-says-its-usdt-stablecoin-may-not-be-backed-by-fiat-alone.

So I guess this pump machine is still continuing. Their banking issues are also popping up every now and then. In short, never store your money in USDT for too long.

Starting from March 2020, every time there was a issue of tether, there was rally of btc

first rally was from middle of March, when btc dropped to 3600, and after this begin restore

At binance - starting from middle ofMarch, 2020, difference between total amount of purchased btc and sold btc are negative, but btc are moving up

so problem as for me is - that btc grows up - while the difference between buy and sell volumes is negative
and total volume of this difference corresponds to volume of issued tether