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File: 195 KB, 1750x1010, bitfinex.jpg [View same] [iqdb] [saucenao] [google]
6560155 No.6560155 [Reply] [Original]

Isn't this an astonishing coincidence? Bitfinex floats another 100M of their worthless "Tethers", and suddenly, out of nowhere, bitscoin rallies! It's utterly unconnected though.

>> No.6560212

>>6560155
i think people use tether to buy bitcoins.

>> No.6560251

>>6560155
>100 million tethers caused a 50 billion recovery

>> No.6560253
File: 15 KB, 240x240, 1509743974268.jpg [View same] [iqdb] [saucenao] [google]
6560253

>>6560155
ALERT: Tether has just granted 100,000,000 USDT

https://omniexplorer.info/lookupadd.aspx?address=3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL

Tue Jan 16 22:27:14 2018

Fuck yeah

>> No.6560279

>>6560155
so.. why is BTC lower on bearfinex than on other exchanges?

>> No.6560280
File: 45 KB, 1621x292, 100M-tether.jpg [View same] [iqdb] [saucenao] [google]
6560280

Total, complete coincidence! Nothing to see here at all! Bitscoin is rallying because it is a wonderful store of value, not because a bunch of people are manipulating the market!

>> No.6560310

tether printing is when people want to dump their coins. you retards have it backwards

>> No.6560329

>>6560251
That is completely possible. Market cap !== money invested

>> No.6560343

It's almost like having a central bank!

>> No.6560372

>>6560251
you only need to sell 0.000001 btc to move the price

anon that 100million isnt just 100million

>> No.6560377

>>6560155
why does it matter when you can't cash it anyway? isn't it just an easy way to hold in fiat value? why do you care?

>> No.6560441

No price manipulation here at all! The bitscoin market is totally safe. It is not fraud.

https://www.sciencedirect.com/science/article/pii/S0304393217301666

>> No.6560564

>>6560155
you dont understand how this works, most people sold their btc at the lowest point for tether at its lowest point, so ofcourse you need to create more tether