This USDT coin allows Bitfinex not to attract too much attention if we are all playing the slot machines with
plastic tokens or match sticks from the government and regulators but the guy that runs Bitfinex also runs
the USDT and says the currency is pegged at a 1:1 ratio with the $USD
Trouble comes because a fool and his money is easily parted and owners of USDT says that they cannot guarantee
to exchange USDT to get USD$ back in your pocket and they often magic up more USDT from thin air
it seems to buy BTC on Bitfinex to pump the price of Bitcoin back up to key the pyramid scam going.
See https://www.youtube.com/watch?v=XpvmRJZDfoE
Just because the prices goes up it does not mean people are rushing to buy more coins and just because it's not
crashed yet does not mean it won't so forget about bad new from China being blamed on the price going backwards
and keep you eyes on this scam
Topic: USDT is under the spot light and keeps pumping BTC upwards (Read 131 times)
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