Last week i shared an article about this topic. and its under speculation thread.
Tether is very suspicious for me and i am not sure if all rumors are true or false.
There are too many suspicious activities on tether .
Tether is very suspicious for me and i am not sure if all rumors are true or false.
There are too many suspicious activities on tether .
Yes, I read it, and I have my concerns too
Regarding the question raised by the OP, i.e. whether we will see a long red dildo, I'm more inclined to think that the dollars created out of thin air (the OP seems to refer here to Tether, obviously) would rather make Bitcoin surge instead of crashing. It is dollars, not bitcoins that are fake, so why should Bitcoin necessarily crash? I don't see much logic and reason behind this assumption. Indeed, these fake dollars have pushed the Bitcoin price high and higher, but if they lose their value, folks will rush to exchange them for Bitcoin as well as other coins, so the green boxes should go on exponential
