300.000.000 Tether enters the game | Bitcointalksearch.org

VanDeinsberg12

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Quote from: wxa7115 on May 02, 2018, 04:28:14 PM

Quote from: slaman29 on March 24, 2018, 04:26:27 PM

They did it before, and uproars have happened. Didn't stop them from producing even more out of absolute thin air. It's like they really don't care anymore about the critical condition of crypto, and just want to fuel the fire, get out as much as they can while they still can. If they think they can artificially boost crypto demand by making available more worthless Tethers, which by the way even at current value immediately loses millions... and worse, if traders allow it to happen, which they will, this will just be another element of actual financial world creeping into crypto.

What can we do about it? Or are we willing to do anything about it?

I would like to say that we can do something but that is not the truth, there is nothing we can do, printing all of this tether out of thin air is going to be bad for the market, yes we are going to get some price increase in the future but this is very similar to what happens with fiat all the time and I'm not investing in cryptocurrencies just for some people to find a way to make all the cryptos very similar to fiat.

Tether just like a money machine and that's true. And how the tether developer is running away from the reserve funds audit. This looks so crazy man, how a team can printing worth of hundreds million dollars in some period. I'm gonna say this tether is fully with manipulated by the developer.

teskostecenje

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Quote from: komjhq on May 02, 2018, 03:05:11 PM

Quote from: bitcoinposts on May 02, 2018, 01:58:25 PM

There is a talk in market Tether is manipulating Market . more the Tether is pumped in market higher will be market this notation of market manipulation spread amoung traders truth will come out soon

Having such a large capital at its disposal, it is very difficult to not manipulate the market. After all, there are all the possibilities for this and therefore I'm not surprised at this.

This is how they do it and not get caught,first they buy coins at lows then print some tether out and pump price a bit so others can get caught in trap thinking that its healty market growth.Then tether finnex crew sell those coins at ath or close to it for at least 2-3 more profit on exchanges that work with fiat like gdax(notice this because they pump coins ussualy that can be sold for fiat)take the profit back and put the same ammount of fiat that was in tether on bank account so they can pass thru audit

atjiat

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Quote from: wxa7115 on May 02, 2018, 04:28:14 PM

Quote from: slaman29 on March 24, 2018, 04:26:27 PM

They did it before, and uproars have happened. Didn't stop them from producing even more out of absolute thin air. It's like they really don't care anymore about the critical condition of crypto, and just want to fuel the fire, get out as much as they can while they still can. If they think they can artificially boost crypto demand by making available more worthless Tethers, which by the way even at current value immediately loses millions... and worse, if traders allow it to happen, which they will, this will just be another element of actual financial world creeping into crypto.

What can we do about it? Or are we willing to do anything about it?

I would like to say that we can do something but that is not the truth, there is nothing we can do, printing all of this tether out of thin air is going to be bad for the market, yes we are going to get some price increase in the future but this is very similar to what happens with fiat all the time and I'm not investing in cryptocurrencies just for some people to find a way to make all the cryptos very similar to fiat.

In what do you want to make a crypto currency similar to Fiat? Paper crypto currency can not be. And also the use of crypto currency in everyday life will not have such ease, as it gives simple paper money.

wxa7115

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Quote from: slaman29 on March 24, 2018, 04:26:27 PM

They did it before, and uproars have happened. Didn't stop them from producing even more out of absolute thin air. It's like they really don't care anymore about the critical condition of crypto, and just want to fuel the fire, get out as much as they can while they still can. If they think they can artificially boost crypto demand by making available more worthless Tethers, which by the way even at current value immediately loses millions... and worse, if traders allow it to happen, which they will, this will just be another element of actual financial world creeping into crypto.

What can we do about it? Or are we willing to do anything about it?

I would like to say that we can do something but that is not the truth, there is nothing we can do, printing all of this tether out of thin air is going to be bad for the market, yes we are going to get some price increase in the future but this is very similar to what happens with fiat all the time and I'm not investing in cryptocurrencies just for some people to find a way to make all the cryptos very similar to fiat.

komjhq

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Quote from: bitcoinposts on May 02, 2018, 01:58:25 PM

There is a talk in market Tether is manipulating Market . more the Tether is pumped in market higher will be market this notation of market manipulation spread amoung traders truth will come out soon

Having such a large capital at its disposal, it is very difficult to not manipulate the market. After all, there are all the possibilities for this and therefore I'm not surprised at this.

bitcoinposts

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There is a talk in market Tether is manipulating Market . more the Tether is pumped in market higher will be market this notation of market manipulation spread amoung traders truth will come out soon

bitcoinzen

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everybody know Tethers play a vital role in bitcoin prices we need to see how long the game goes and how high price reaches

slaman29

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They did it before, and uproars have happened. Didn't stop them from producing even more out of absolute thin air. It's like they really don't care anymore about the critical condition of crypto, and just want to fuel the fire, get out as much as they can while they still can. If they think they can artificially boost crypto demand by making available more worthless Tethers, which by the way even at current value immediately loses millions... and worse, if traders allow it to happen, which they will, this will just be another element of actual financial world creeping into crypto.

What can we do about it? Or are we willing to do anything about it?

Febo

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Quote from: btcyoda on March 22, 2018, 01:47:30 AM

Quote from: Febo on March 20, 2018, 06:50:26 PM

Quote from: Alanin on March 20, 2018, 06:05:04 PM

There has been produced 300mil tether 19:51 march 20th.
https://omniexplorer.info/address/3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL

I highly suspect some high-end players and going to short the game once again, and ruin the last few days of green.

Or did i miss announcements on some massive exchange that starts doing usdt/btc??

I dont get your logic. My logic says that printing tether should boost Bitcoin price. They buy bitcoin or other alts with this tether. A lot of tether was printed at end of 2017 when price of Bitcoin was hyperbolic.

What is the main reason behind printing tether because why don't we trade with the current supply of tether? Whether tether printing will make us increase the price of Bitcoin and it will affect the price of other altcoins.

Reason should be that someone give 1 million UDS and he gets 1 million tether. If that is not the case then we will soon have problem. But I believe that is the case.

Orias67

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Another bull run ? Time to buy ? Correction is over ? I heard that so many times lately and everybody was wrong... I don't know what to think and who I need to trust really :/

Actualy I think that noone can predict the market and it's even more true in this bad period.

ahoenk

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Wow..it is time to buy again guys..i hope tether is real backed by real usd so we are all not fucked up and we probably will see another bull run. Or maybe there is a real fresh money coming in thats why 300 million tether created. If it is true we will see btc $20k again or even break new all time high.

puremage111

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Quote from: Alanin on March 20, 2018, 06:05:04 PM

There has been produced 300mil tether march 20th.
https://omniexplorer.info/address/3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL

$300Mil Tether...
That's alot right? It surpassed most of the Altcoin marketcap and $300M is the total marketcap of ARK coin itself ( Rank 51 )

Huge volume meaning huge pump? Tongue

ASHLIUSZ

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This will support with the price pumping of bitcoin. In the past when the tether started to encounter issues automatically the price of bitcoin too began falling low. Such a huge volume entering the marketplace surely makes the value of bitcoin too grow. The days of price increase has begun. Lets begin the fun and enjoyment of the price increase.

Crytocoin

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This is a move that shows the dollar entering the market. I believe you will get more until the month of July.

Yuuto

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Quote from: Alanin on March 20, 2018, 06:05:04 PM

There has been produced 300mil tether march 20th.
https://omniexplorer.info/address/3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL

This is a huge printing press just going off... Without any sort of physical printing going on.

People still don't realize that tether isn't backed by anything but their word. All the auditing mean nothing if they do not actually pay you at the end. Just because there is money in the bank account doesn't mean that it's specifically assigned to tether, it could be from a loan from someone else.

I hate IOUs like this. I would honestly rather hold other pegged cryptos like BitUSD which is considered to be shady, than Tether.

I wonder how BTC will be affected, though. I don't think it will by much honestly.

sufferer123

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Woow! Good news are coming. What do you think, could it be a bull trap? I dont think that but people are scary and Underneath all the news is looking for a bad case.

Temik2704

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Quote from: Alanin on March 20, 2018, 06:05:04 PM

There has been produced 300mil tether march 20th.
https://omniexplorer.info/address/3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL

The printing press was launched again... This story will eventually end badly for the crypto community.
But for today, no reaction from the market is observed

vastmast

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Quote from: demenBTC on March 21, 2018, 09:12:27 PM

Quote from: PranDoW on March 21, 2018, 07:51:40 PM

Something gonna happen soon, I would say very soon. 300kk in one go pretty large amount. I hope it is a sign for the pump

the pump sign will happen soon, but we do not know when it will happen, maybe mid-March all will change, I expect big pumps up to btc $ 18k

I hope what you say is true. If we rise to $ 18,000, we all will be comfortable, we will see falling prices for a long time, and bitcoin needs a big boost. I want to exceed the $ 15,000 limit as soon as possible

Crytocoin

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The big rise was on this track. I hope we see that big rise again.

followmenot

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I started to think that Tether printing process doesn't really affect full markets but only bitfinex. They are in very bad position against government agents right now and its strange to see them still issuing those tokens.

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