>>26071948
There has been Tether fud for years now. Tether prints to meet demand, everyone with a brain transfers from crypto to Tether and Tether to crypto because of the fees being close to nothing especially on an exchange like Binance. Money has been flowing into the crypto market since the pump began because more people are coming in to buy the increase in price and hype which is completely normal, and they end up using Tether which means Tether prints more (like I said earlier) to meet the rapid growth of demand, and it won't die either as long as the crypto market keeps pumping, and will crash alongside the crypto market like before... it doesn't mean it's "manipulating" the crypto market, that's retarded. Could some big boys sitting on hundreds of millions in cryptos begin selling into Tether just to then withdraw everything to USD, making it look like Tether is somehow "manipulating" things? Yes.. but that's not them manipulating the crypto market, that's just them using the system how it's suppose to be used. If Tether didn't exist people would just instantly withdraw their funds instead just like people did pre-Tether, or transfer funds to smaller and cheaper cryptos before finally withdrawing it to a currency.
Not to mention, this guy said (in hindsight) that he literally bought the bottom in march last year and sold the exact top without proving his position once in the entire wall of text, and the fact that he thought Tether was dead (or not relevant) pre-2020 even though they have been printing non-stop for years speaks for itself. It doesn't take much brain power to simply look at Tether's volume history, but apparently this guy that brags about the research he did before buying into BTC at the actual bottom couldn't find a simple graph using google.
I didn't want to talk about crypto in /smg/, but holy fuck people are dumb. Oh and I'm not saying BTC won't crash, anything could happen but Tether is not an issue..