It seems that there have been a lot of people complaining about Bitfinex. It seems that Bitfinex has been using Theters to pump Bitcoin price. Now a lot of people is shouting this might be the next MTGOX.
What is your opinion on this one?
What is your opinion on this one?
I'm worried about USDT running fractional and blowing up into everyone's faces, but Bitfinex I still sufficiently trust -- at least as far as you can trust crypto exchanges, which in general I wouldn't really recommend in the first place.
The accusations of Bitfinex pumping BTC using USDT I will believe once I see hard evidence. According to coinmarketcap Bitfinex currently only accounts for about 2.5% of USDT trading volume which makes Bitfinex pumping BTC using USDT rather unlikely. If they ever did, they stopped a long ago.
