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Topic: The tether report (Read 181 times)

member
Activity: 448
Merit: 37
February 01, 2018, 07:19:55 PM
#14
Bitfinex reported they are ready to open USD trading pairs . So , I think tether story will end soon . I think removing tether from trading can decrease a market volatility and make crypto more predictible and controllable , but I'm not sure we should be happy with this news.
member
Activity: 336
Merit: 10
February 01, 2018, 07:07:39 PM
#13
In recent days, there are many bad news that has caused the market to go down. Bitcoin prices fall sharply. I expect that in February green market return.
jr. member
Activity: 210
Merit: 1
OMNITY Knowledge, connected
February 01, 2018, 07:06:29 PM
#12
Yes, it's really scaring. I'm not so skilled to make an evaluation, but it seems more and more that the scam rumors are confirmed.
May be the crypto world is going to face a complete crash...
member
Activity: 574
Merit: 11
February 01, 2018, 06:59:48 PM
#11
Personally, I do not like the latest news related to the tether and bitfinex, its refusal to pass the audit, now I try to stay away from it. In general, the situation is very complicated.
full member
Activity: 378
Merit: 101
February 01, 2018, 06:55:27 PM
#10
Given that Bittrex have the most Tether than any exchange, their statement to me seems like a cover up for "Oh god we've been busted lets pretend we're on top of this now and didn't realize for so long it was a scam whilst we took everyones bitcoin"

https://wallet.tether.to/richlist

Actually looking at it now they seem to be 2nd, still a bad position to be in!
hero member
Activity: 1540
Merit: 507
February 01, 2018, 06:48:00 PM
#9
I guess that Tether is a wonderful tool to manipulate the market. Plus I think that it isn't a scam project for sure. But anyway their boat has started to sink... Recently Bittrex made a statement that they are refuse to use USDT and they are going to open pairs directly to USD.
That's why the price of bitcoin goes down a lot. As far as i can see about so many exchanges are used USDT rather than try to make dollar pair to the bitcoin right now.
But the bittrex statement makes the situation even worst. That sucks,  but I was accusing tether after it's printed so many new tether without any reasonable explanation.
hero member
Activity: 812
Merit: 501
February 01, 2018, 06:25:01 PM
#8
I guess that Tether is a wonderful tool to manipulate the market. Plus I think that it isn't a scam project for sure. But anyway their boat has started to sink... Recently Bittrex made a statement that they are refuse to use USDT and they are going to open pairs directly to USD.
Good, trade USD directly is better than USDT. I think crypto users need stable liquidity to show the world  that crypto asset is worthy , people will regret when cryptocurrencies is future money. fuck with e money from banking. They release emoney to suck people wealth to deposit. no growth value in emoney.
member
Activity: 322
Merit: 11
Thank you for +Merit
February 01, 2018, 05:59:20 PM
#7
It doesn't surprise me. I think that Tether is used as pressure upon bitcoin. We wait for eight thousand?
Bitfinex is 7% of a turn. But will say to us that it is accident.
legendary
Activity: 2072
Merit: 1023
★Bitvest.io★ Play Plinko or Invest!
February 01, 2018, 05:55:08 PM
#6
I guess that Tether is a wonderful tool to manipulate the market. Plus I think that it isn't a scam project for sure. But anyway their boat has started to sink... Recently Bittrex made a statement that they are refuse to use USDT and they are going to open pairs directly to USD.
full member
Activity: 532
Merit: 114
February 01, 2018, 05:37:00 PM
#5
It is a scary deduction, where some reports accuse Tether of mass-producing USDT as a means to manipulate the price of bitcoin, averring coordinated market manipulation could be occurring across the bitcoin markets.
newbie
Activity: 2
Merit: 0
February 01, 2018, 05:22:22 PM
#4
I suggest to have a read to this research, which analyse relations between Theter, BTC price spikes and Bitfinex.

I hope they are wrong because if all of this is true there are going to be bad times ahead.

http://www.tetherreport.com/

I am also very worried by that report considering how we went below $9k today. I have a bad feeling that there's gonna be a Valentines Day Massacre in the crypto markets.
member
Activity: 350
Merit: 11
January 26, 2018, 08:37:07 AM
#3
Most likely it's true. There was news that in the future it is also planned to launch the EuroT.
But on Bitfinex alredy tradeble pairs BTC\EUR and IOTA\EUR.
It's hard to say how this affects the bitcoin rate.
It is also hard to say how much bitcoin is actually traded and what amount of bitcoin is listed for storage and does not participate in bidding.
The last month the price of bitcoin is surprising. Moreover, forecasts also say that the price will continue to decline.
legendary
Activity: 1512
Merit: 1011
January 26, 2018, 08:14:31 AM
#2
I suggest to have a read to this research, which analyse relations between Theter, BTC price spikes and Bitfinex.

I hope they are wrong because if all of this is true there are going to be bad times ahead.

http://www.tetherreport.com/

I'm afraid that the report could be right.
Bitfinex and Tether are not better than any Central Bank in the world and I'm staying away from both. They are printing tethers faster than more banks do.
full member
Activity: 1064
Merit: 166
January 26, 2018, 07:30:08 AM
#1
I suggest to have a read to this research, which analyse relations between Theter, BTC price spikes and Bitfinex.

I hope they are wrong because if all of this is true there are going to be bad times ahead.

http://www.tetherreport.com/
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