Topic: 300.000.000 Tether enters the game - page 2. (Read 361 times)

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.

what if the tether is used to dump crypto or bitcoin the market? 300M is not a small amount, it's a big amount. I really not believing tether right now

A few recent changes in the game makes it hard to foresee the future. But alot of factors are pointing towards an uptrend..

like this: Bigger exchanges are starting to use Tether as a trading component for buying cryptos, without the use of banked fiat(National/continetial currency)


Conspiracy wise:: 300mil$ Tether enters the game.. Plannings for the use of Tether being trading for other cryptos, redarding highly valued exchanges, gets accelerated.
Roughly 24 hours after this massive print. Twitter co-founder, Jack Dorskey, starts promoting BTC and its "dictative" future..
Not to mention the G20 summit talking sideways when its comes to crypto, making it look like its nothing special, BUT still unregulated (Mostly passive-perspectivating focus is added)..

I sense an avoidance regarding getting the public to buy, before a (hopefully) high increase of value. So that the big influential whales, yet again can dump high and make a huge profit.

http://fortune.com/2018/03/21/jack-dorsey-cryptocurrency-bitcoin-transactions/  (ignore the adds, unless you want a puppeteering show)..
https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/tedknutson/2018/03/19/cryptocurrency-doesnt-pose-a-risk-to-the-financial-system-yet-g20-told/&refURL=https://www.google.dk/&referrer=https://www.google.dk/


(I'm not gonna share more insight, until i see some more constructive comments)

BTW: DO NOT believe in conspiracies

Your beliefs seems very limited.. Tether always thriving to be valued at 1 dollar. It doesnt matter if YOU think its fake or not, when the majority, funding coorps, and genral public believes in it enough, to be valued at said price. Dont forget their rep is based on stable liquifiyng.

I guess that includes start of the January 2018 until a total of printed Tether are $300 million. Well for me I don't really believe on Tether because this is a fake money that they can't print all the time they want just to control the market price.

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

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

I do not think Tether has any influence on Bitcoin price. It's just a rumor. Tether has no power to influence the price of Bitcoin.

Since when did Kucoin start using USDT???

I think this is very good news. This means that we are waiting for a very strong pump bitcoin. We have been waiting for this for a very long time and now we are ready to fly to the moon.

.

Nice information. This may be the cause why bitcoin is on the rally again. USD Tether is printing again. 12,000 price break is all i wanted within this  month of march 2018. i hope tether will do that.

yes, this will likely cause the market to go green. for tether fud though, i think they should be fine if they can continue to issue new tether despite subpoena in the US. Bitfinex has a multi-billion business that is generating them millions every day. They wouldn't risk it for something like this although their timing is very very suspicious.

It should be a good thing for BTC. Right?

That, or some fud might be emerging soon. I still don't like keeping my money in tether, but it's better than ETH with that price drop.

People need to stop about the tether fud, if tether is not a legit company how can they keep printing money like that. I think Tether do really have lots of money to back them up.

if you were a genuine whale would you really use a system that signals your intentions that's watched like a hawk by hundreds or thousands of people? and is there a chart following tether issuance and price? it all seems a little too easy to me.

i'm relieved it's still above ground and more info is coming out about its banks which means real money exists, but tether will always be a mystery to me.

So printing more is a way of artificially diluting the price of Tether?

If it is so sad to see it this cheap, perhaps that means you should be happy because you can buy it this cheap no? That is what I would feel like if I really thought an altcoin would do well, and I would get it if my pockets weren't already spent...

Tether prints when people deposit money into Bitfinex's exchange account and they in turn issue them tether. So it could mean that people who have been on the sidelines are jumping back in.

The game is starting now. Tether effects market good. And bitcoin reached 9000 dollars. The next targets are 9300 and 9800 dollars. If it will happen
The most important thing is 10k dollars. It is psyhcological i think. In my opinion bitcoin starts the journey of new ath.

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.