Author

Topic: Tether manipulation did not let this market grow organically! (Read 270 times)

legendary
Activity: 1526
Merit: 1034
I think the real offender was the ICO craze. Every time people buy into ICOs with crypto they already hold, they essentially double or sometimes triple the mcap of global crypto. For example if I hold 1 BTC, some entity hosts an ICO which I buy into, there is now 1 BTC worth of coins and that 1 BTC that the team holds. If you take ETH to get NEO to participate in NEO ICO, that's 3x an effect. If you start with dollars, then it's 4x. Coincidentally, when ICOs had to start paying operation costs, they had to sell crypto for fiat payments. Now those duplicate gains are being erased.
full member
Activity: 448
Merit: 100
But if it has been speculated in the past it is more likely that the price based on the speculation will decrease or it will continue to be speculated.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
FACT.
You can not base any ALTs future value based on the past. The past was manipulated!

FACT: You cannot base any market performance future based on its past. This is true for every single market, fiat, crypto, stocks, commodities, anything. Manipulated or not, patterns are there for the people who believe in strategy and hope, and in crypto, people actually believe they can game the system.

Fact: If you truly believe people could game the system, they already are, and they're not coming into this forum or any online place to tell others. They're doing it and moving the market to their desired direction.

In essence, if you believe manipulation exists, then you also understand that there's nothing you can do about it.
full member
Activity: 798
Merit: 103
So, they are printing Tether like national banks to not let it becomes higher than Bitcoin? It is possible...
Do they really possess the equivalent of USD? And for how long can they resist this fall?
member
Activity: 770
Merit: 12
Trphy.io
FACT.
You can not base any ALTs future value based on the past. The past was manipulated!
I disagree with you because there is no guarantee that manipulation will not happen in the future.!
Manipulation is the thing that threatens the market, not just the crypto market but the stock market can be manipulated
As long as there is greed, big people will always try to manipulate the price of every market. We should really not focus on the past price because we have different situation now, this market will grow again and we should be happy that we experience those kind of situation because it will help us to be more better.
as long as humans still need money, i think manipulation will still exist, because it is the way of whales to make a big profit. and can not be prevented because they have large capital to drive prices
hero member
Activity: 896
Merit: 521
Tether has a history of manipulating the Bitcoin price and bringing an artificial pump and many a times Bitfinex has been criticized for the same. There are many reports backing this claim that Tether are strategically being printed during a downtrend to bring BTC back in uptrend. This does effect market for a short period and brings in an inorganic growth. But market always recovers from such an artificial pump. Same is happening now. Market is going through a correction and a consolidation period.
sr. member
Activity: 574
Merit: 255
I have never understood the fluctuation of the tether price . I do not understand why is always 0.95-1usd and people cant sell or buy lower or higher than this price . Are the exchanges blocking this feature Huh
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
Well if that is the case we will see new manipulation game for the next bull run because whatever the reason big whales who are buying this dip will do it one way or the other to pump the market to new highs sooner or later.
sr. member
Activity: 714
Merit: 257
FACT.
You can not base any ALTs future value based on the past. The past was manipulated!

Every market is manipulated, big players like to do it, but they only wash your brain when they dont like the asset or they fear of it, like bitcoin. They are afraid of it to death
FACT
full member
Activity: 686
Merit: 108
FACT.
You can not base any ALTs future value based on the past. The past was manipulated!
I disagree with you because there is no guarantee that manipulation will not happen in the future.!
Manipulation is the thing that threatens the market, not just the crypto market but the stock market can be manipulated
As long as there is greed, big people will always try to manipulate the price of every market. We should really not focus on the past price because we have different situation now, this market will grow again and we should be happy that we experience those kind of situation because it will help us to be more better.
sr. member
Activity: 434
Merit: 250
FACT.
You can not base any ALTs future value based on the past. The past was manipulated!
I'll open the secret, now management is even greater than before. Since there are more opportunities to manage and many coins only do that they struggle with centralization to grow in price and rise to the top.
member
Activity: 602
Merit: 10
If new people and new money keeps coming into the market the price and value of each coin can grow, im not talking about low quality projects here, obviously solid projects will keep gaining for good and you will see that they produce good returns over a period of 1-2 years.
But if we are talking about the equivalent of the dollar in the form of a crypto currency, that is, USDT, then everything is not as unambiguous as it seems. This coin, despite the general decline of the market, still remains more stable. It seems to me that in difficult situations it is in this coin that you need to keep your money.
member
Activity: 812
Merit: 10
BountyMarketCap
If new people and new money keeps coming into the market the price and value of each coin can grow, im not talking about low quality projects here, obviously solid projects will keep gaining for good and you will see that they produce good returns over a period of 1-2 years.
sr. member
Activity: 434
Merit: 250
I do not agree with this. Tether manipulation was never this big. Do you have some proofs for it ? The market has not grown organically but it also hasn't declined significantly. The events of panic sell offs and big sell offs by some big investors of bitcoin and other major coins has lead to the condition of market right now.
legendary
Activity: 3640
Merit: 1209
FACT.
You can not base any ALTs future value based on the past. The past was manipulated!

It's not so easy to manipulate assets with a capitalization of $ 300-500 billion, and there are some cases when altcoins with small capitalization were manipulated and officials of some countries dropped cryptocurrency price with their statements, but there is no global manipulation and it can't be done.
full member
Activity: 2128
Merit: 180
If you manipulate the Bitcoin, altcoins are automatically manipulated as they are linked together.
I don't think it is the fault of Tether that Bitcoin and alts went so high.
Tether only facilitates the trading of Bitcoin or altcoins vs USD.
It is the fault of people who were enough crazy to buy BTC at such prices.
They thought it was cheap because of Mc Afee and people who bought BTC when it was very cheap.
Precisely, Tether is just the intrument that whales used to manipulate the market so I think we are now in the real price of bitcoin but don’t worry it may take more time to make a new all time high but we will see it in the future.
full member
Activity: 798
Merit: 103
If you manipulate the Bitcoin, altcoins are automatically manipulated as they are linked together.
I don't think it is the fault of Tether that Bitcoin and alts went so high.
Tether only facilitates the trading of Bitcoin or altcoins vs USD.
It is the fault of people who were enough crazy to buy BTC at such prices.
They thought it was cheap because of Mc Afee and people who bought BTC when it was very cheap.
newbie
Activity: 294
Merit: 0
why did you say that altcoin values in the past have been manipulated?
is not the price now so good? nothing being manipulated I think blockchain technology is not that easy to lie to
jr. member
Activity: 336
Merit: 3
FACT.
You can not base any ALTs future value based on the past. The past was manipulated!
I disagree with you because there is no guarantee that manipulation will not happen in the future.!
Manipulation is the thing that threatens the market, not just the crypto market but the stock market can be manipulated

Your a nut to disagree with me! Bitcoins price was manipulated: FACT BITCH
There is enough proof to issue arrest warrants for the principals of Tether!
The Tether fiasco is warming up again!

this theory about Tether that has been around ever since bitcoin rise started getting fast mid 2017 has been proven wrong multiple times by that time and also this year.

the basis of this theory is that they released new tether and bought bitcoin with it so price of it went up. regardless of how dump that sounds, we have seen the release of new tether did not stop during the drops so if this theory was true then price should not have dropped by those times but it DID drop.
you calling others "bitch" doesn't change that Cheesy

the altcoin market however is a different beast. it is 80% manipulation 15% newbie idiots who bag hold altcoins thinking they will become millionaires without needing the manipulation incentive and 5% natural growth since it is the technology of our time even if it is a shitcoin.

What you have said about ALTs is mind blowing: Holy Shit!
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
FACT.
You can not base any ALTs future value based on the past. The past was manipulated!
I disagree with you because there is no guarantee that manipulation will not happen in the future.!
Manipulation is the thing that threatens the market, not just the crypto market but the stock market can be manipulated

Your a nut to disagree with me! Bitcoins price was manipulated: FACT BITCH
There is enough proof to issue arrest warrants for the principals of Tether!
The Tether fiasco is warming up again!

this theory about Tether that has been around ever since bitcoin rise started getting fast mid 2017 has been proven wrong multiple times by that time and also this year.

the basis of this theory is that they released new tether and bought bitcoin with it so price of it went up. regardless of how dump that sounds, we have seen the release of new tether did not stop during the drops so if this theory was true then price should not have dropped by those times but it DID drop.
you calling others "bitch" doesn't change that Cheesy

the altcoin market however is a different beast. it is 80% manipulation 15% newbie idiots who bag hold altcoins thinking they will become millionaires without needing the manipulation incentive and 5% natural growth since it is the technology of our time even if it is a shitcoin.
jr. member
Activity: 336
Merit: 3
You're the fool that takes speculation without evidence as fact.
FACT: there is no proof Tether is not backed by USD, just speculation
FACT: you don't know shit, move on.

You have lost the plot: I am saying They manipulated the price of BTC. I am not talking about whether or not they are synced to USD.
member
Activity: 266
Merit: 60
You're the fool that takes speculation without evidence as fact.
FACT: there is no proof Tether is not backed by USD, just speculation
FACT: you don't know shit, move on.
jr. member
Activity: 336
Merit: 3
FACT.
You can not base any ALTs future value based on the past. The past was manipulated!
I disagree with you because there is no guarantee that manipulation will not happen in the future.!
Manipulation is the thing that threatens the market, not just the crypto market but the stock market can be manipulated

Your a nut to disagree with me! Bitcoins price was manipulated: FACT BITCH
There is enough proof to issue arrest warrants for the principals of Tether!
The Tether fiasco is warming up again!

You are assuming the Tether scam is actually a scam, it's yet to be proven that they don't have USD to back the Tether supply.
Do the maths on how much Bitfinex has made in the last 5 years on fees alone, then factor in the growth of BTC since those days.

They could easily have a few billion dollars.
in the last 12 months they've averaged a volume of close to a billion a day, even now with BTC at a volume low for the year, Bitfinex is still pushing 400 million in volume.
0.1-0.2% for purchases and 0.1% just for putting an order which many cancel etc.

I reckon last year alone they would of made a billion easy enough, Tether supply = 2.1 billion.


Your reply is not a defense for their manipulation- grow up bitch!
member
Activity: 266
Merit: 60
FACT.
You can not base any ALTs future value based on the past. The past was manipulated!
I disagree with you because there is no guarantee that manipulation will not happen in the future.!
Manipulation is the thing that threatens the market, not just the crypto market but the stock market can be manipulated

Your a nut to disagree with me! Bitcoins price was manipulated: FACT BITCH
There is enough proof to issue arrest warrants for the principals of Tether!
The Tether fiasco is warming up again!

You are assuming the Tether scam is actually a scam, it's yet to be proven that they don't have USD to back the Tether supply.
Do the maths on how much Bitfinex has made in the last 5 years on fees alone, then factor in the growth of BTC since those days.

They could easily have a few billion dollars.
in the last 12 months they've averaged a volume of close to a billion a day, even now with BTC at a volume low for the year, Bitfinex is still pushing 400 million in volume.
0.1-0.2% for purchases and 0.1% just for putting an order which many cancel etc.

I reckon last year alone they would of made a billion easy enough, Tether supply = 2.1 billion.
jr. member
Activity: 294
Merit: 1
immediately catch the tether developer and trading the tether on exchange should be stopped.
why is bitcoin blamed? I'm confused, does the bitcoin partner with tether to raise the price?
jr. member
Activity: 336
Merit: 3
FACT.
You can not base any ALTs future value based on the past. The past was manipulated!
I disagree with you because there is no guarantee that manipulation will not happen in the future.!
Manipulation is the thing that threatens the market, not just the crypto market but the stock market can be manipulated

Your a nut to disagree with me! Bitcoins price was manipulated: FACT BITCH
There is enough proof to issue arrest warrants for the principals of Tether!
The Tether fiasco is warming up again!
full member
Activity: 364
Merit: 101
FACT.
You can not base any ALTs future value based on the past. The past was manipulated!
I disagree with you because there is no guarantee that manipulation will not happen in the future.!
Manipulation is the thing that threatens the market, not just the crypto market but the stock market can be manipulated
jr. member
Activity: 336
Merit: 3
FACT.
You can not base any ALTs future value based on the past. The past was manipulated!
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