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Topic: What is happening right now? (2018/10/15) (Read 731 times)

hero member
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October 19, 2018, 12:01:00 PM
#48
Actually if this goes like the last halving pump in late 2013, next year would be like 2015, not 2016. We would have another year and a few months of bear mkt.

this year already looks pretty similar to 2015 with the flat line of the price that has been lasting for months without being capable of going either below that bottom line or above the resistance. on top of it we have the same attitude from people like you expecting a long bear market which is always a good sign for the end of it.

Yeah and it's always better to expect the worse and prepare for it than look forward to a bull run that nobody knows when will come. The fluctuation right now isn't that high anyways so i guess we're neither under the bears or bulls.
legendary
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October 19, 2018, 11:14:43 AM
#47
Whatever determines such big price changes that day, now it does not mean anything, because the price has returned to the old thieves and now is the same as it was before that day
sr. member
Activity: 2016
Merit: 283
October 18, 2018, 12:49:07 PM
#46
Today, we started with Bitcoin great pump like end of the 2017. Bitcoin almost %20 rised and reached almost 8K in 1 hour. Then, started the retreat again to 7K.

What is going on Bitcoin? Is it related with Tether? Tether has moved in last days. Can anyone explain?
it's normal bro because of the volatility of market which is common reason why bitcoin growth rate always suddenly bounce and make a small dump sometimes. But no need to worry because indeed it's just a temporary situation , and as the matter of fact sometimes there's a constantly progress of market after worst scenario.  So just keep holding and always put more patience to avoid losses and repenting.
legendary
Activity: 1946
Merit: 1137
October 18, 2018, 02:43:34 AM
#45
Actually if this goes like the last halving pump in late 2013, next year would be like 2015, not 2016. We would have another year and a few months of bear mkt.

this year already looks pretty similar to 2015 with the flat line of the price that has been lasting for months without being capable of going either below that bottom line or above the resistance. on top of it we have the same attitude from people like you expecting a long bear market which is always a good sign for the end of it.
sr. member
Activity: 1050
Merit: 251
October 18, 2018, 01:27:35 AM
#44
Considering the volatile nature and the present condition of the market, it is safe to say that the sudden bump in the price of Bitcoin is nothing unnatural. This kind of bump is normal in the market and there is nothing to panic about.
That was a bump that has happened because of USDT only and it does not have anything much to do with the general market except for the fact that people have decided to start dumping USDT and one way or the other it is just going to implode unless they allow themselves to be audited and can clarify to the whole world that they are legitimate and as long as they keep hiding from that, there will always be problem. There are safer and better alternatives that have come up and those that are coming up such as TUSD and USDC, with quite some other few which I believe would really give the USDT a blow eventually.

Dont forget there also other who are gaining popularity right its Gemini USD many inventors are now joining in because of the security and insurance that the company promise for holders and investors like fixed price of the coin to all other cryptos.
Just the usual creepy activities we get to see with tether. It is really becoming annoying as we get to see things like this happening with tether and the team as far as I am concerned are dubious and this is one thing I know one way or the other would cause some pain for the holders who are busy not getting to know what is going on around them but are just busy hedging in USDT. What happened was USDT almost imploding, which is one thing I know would happen eventually and in that case, we will get to see people dump it pretty fast and what we are seeing now is what we would see eventually for the tether pairs?

Stay stronger and don't mind those frustrations behind us, and for those people who dumped their asset let them do that. That's their right to acquire financially, and I think usdt will recover back to previous profitable price. Just learn how to be patient at all times, and I understand how you feel just like the rest of the holders who happen to be affected of what's happening.
legendary
Activity: 1554
Merit: 1054
October 17, 2018, 09:50:40 PM
#43
Considering the volatile nature and the present condition of the market, it is safe to say that the sudden bump in the price of Bitcoin is nothing unnatural. This kind of bump is normal in the market and there is nothing to panic about.
That was a bump that has happened because of USDT only and it does not have anything much to do with the general market except for the fact that people have decided to start dumping USDT and one way or the other it is just going to implode unless they allow themselves to be audited and can clarify to the whole world that they are legitimate and as long as they keep hiding from that, there will always be problem. There are safer and better alternatives that have come up and those that are coming up such as TUSD and USDC, with quite some other few which I believe would really give the USDT a blow eventually.

Dont forget there also other who are gaining popularity right its Gemini USD many inventors are now joining in because of the security and insurance that the company promise for holders and investors like fixed price of the coin to all other cryptos.
Just the usual creepy activities we get to see with tether. It is really becoming annoying as we get to see things like this happening with tether and the team as far as I am concerned are dubious and this is one thing I know one way or the other would cause some pain for the holders who are busy not getting to know what is going on around them but are just busy hedging in USDT. What happened was USDT almost imploding, which is one thing I know would happen eventually and in that case, we will get to see people dump it pretty fast and what we are seeing now is what we would see eventually for the tether pairs?
newbie
Activity: 11
Merit: 0
October 17, 2018, 01:08:06 PM
#42
The price of tether was dropping since few days and today there was a rumor that binance will delist tether. I think this is a slight panic over tether, investors are forced to look for a profitable investment for their Tether.
member
Activity: 308
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October 17, 2018, 12:00:05 PM
#41
Today, we started with Bitcoin great pump like end of the 2017. Bitcoin almost %20 rised and reached almost 8K in 1 hour. Then, started the retreat again to 7K.

What is going on Bitcoin? Is it related with Tether? Tether has moved in last days. Can anyone explain?
Lol thats not happening in USD value,try to check coinmarketcap tthe more reliable about prices

And dont expect that $8,000 value this year because its more than impossible to happen,we will be engaging in this kind of bear for another couple of years so be aware and keep that in mind
You're definitely right about us not expecting the price of the bitcoin mark to reach $8000 price range which I agreed with you on that but I disagree with you when you said the cryptocurrency will engage in this kind of bear market for a couple of years and i believe the bear market will last for at least acouple of months next year.
Check 2016 market correction so you can prove me Right.

Actually if this goes like the last halving pump in late 2013, next year would be like 2015, not 2016. We would have another year and a few months of bear mkt.
newbie
Activity: 30
Merit: 0
October 17, 2018, 11:50:22 AM
#40
In this volatile market anything can happen anytime really. I am not surprised by this. I think it is quiet normal and it will become stable very soon.
hero member
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October 17, 2018, 10:32:05 AM
#39
Today, we started with Bitcoin great pump like end of the 2017. Bitcoin almost %20 rised and reached almost 8K in 1 hour. Then, started the retreat again to 7K.

What is going on Bitcoin? Is it related with Tether? Tether has moved in last days. Can anyone explain?
Lol thats not happening in USD value,try to check coinmarketcap tthe more reliable about prices

And dont expect that $8,000 value this year because its more than impossible to happen,we will be engaging in this kind of bear for another couple of years so be aware and keep that in mind
You're definitely right about us not expecting the price of the bitcoin mark to reach $8000 price range which I agreed with you on that but I disagree with you when you said the cryptocurrency will engage in this kind of bear market for a couple of years and i believe the bear market will last for at least acouple of months next year.
Check 2016 market correction so you can prove me Right.
hero member
Activity: 2268
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October 17, 2018, 10:30:34 AM
#38
Today, we started with Bitcoin great pump like end of the 2017. Bitcoin almost %20 rised and reached almost 8K in 1 hour. Then, started the retreat again to 7K.

OMG, did you people start using bitcoin yesterday?
bitcoin price is the same as it was ever. and a rise is not a pump. right now you are looking at the price of bitcoin versus an altcoin and think that price is the value of bitcoin! that altcoin is called Tether not USD Cheesy

check out Coinbase, Kraken, and other exchanges that are actually trading bitcoin with fiat. you can also check out exchanges that have other fiats such as Euro, CNY, JPY, ... they are all the same.

it is just that one altcoin (tether) that is falling in price.
I think the was marvel and he expect the price of bitcoin to continue to surge after gaining some slightly increase in price today. Concerning the USDT issues I think don't have much community support as before and I believe TUSD was the reign champion in the stable coin market this days.

Dont forget there also other who are gaining popularity right its Gemini USD many inventors are now joining in because of the security and insurance that the company promise for holders and investors like fixed price of the coin to all other cryptos.
That's good to know but you must becareful because it not a good idea to buy or invest in a project base on the promises made by the team during their project ICO because we had a cases where some investors loose the investment simply because they rely on the team promises but ignore the utility part of the project.
newbie
Activity: 24
Merit: 1
October 17, 2018, 05:47:48 AM
#37
Tether is a kind of altcoin which is an alternative of bitcoin. Also, the nature of crypto is always volatile and unpredictable, so sudden pumped up news isn't just an unexpected scenario but a random one.
hero member
Activity: 2352
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October 17, 2018, 05:44:16 AM
#36
Herbert2020
You say that coinmarketcup isn't the source we have to trust but also consider that they have great power, once they removed some exchangers and it caused changing in bitcoin's price.

Kakmakr
Maybe you are right too, Bakkt is going to set new standards for cryptocurrency exchanges.
Personally I don't like that bitcoin is becoming so popular, that's bad. Many big exchangers and serious players in economics and businesses will try to take a control on it.
newbie
Activity: 29
Merit: 0
October 17, 2018, 05:21:33 AM
#35
Bitcoin has been the same as it has always been. As of right now you're looking at the price of Bitcoin compared to Altcoin and that Altcoin is called Tether not USD. So, the important thing to understand is to not jump to conclusions. The market is as always changing. being patient and calm is important right now because this is normal.
full member
Activity: 350
Merit: 100
October 17, 2018, 02:52:26 AM
#34
In crypto market rise and fall are most often in the start of this yeas and it is changing due to some news which is good or bad for crypto and it's acceptance issue while demand and supply also measures the prices of crypto in these days. if it reaches up to 20k then i will be happy because i have purchased bitcoin last year at 18k.
member
Activity: 311
Merit: 10
October 17, 2018, 02:34:02 AM
#33
Small pumps are common, even throughout 2018 there have been small pumps, what we are waiting for is a prolonged bull run and one that is not related to tether
We just need to keep and hold our coins although its a tough year for crypto currencies especially on bitcoin yet we need to keep our faith burning, these fluctuations are just part of the story, at the end of this year it will be a green christmas for all of us who waited and stayed.
legendary
Activity: 1848
Merit: 1000
October 17, 2018, 02:02:58 AM
#32
It is quite funny when you see people talking about bitcoin being pumped with a 2% rise, back in the day it would swing high and low 20% as normal.

It was really has settled down this year which I believe is why we are now seeing a lot of people he big hugs taking it series usly as an investment.
jr. member
Activity: 336
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October 17, 2018, 01:53:24 AM
#31
Small pumps are common, even throughout 2018 there have been small pumps, what we are waiting for is a prolonged bull run and one that is not related to tether
member
Activity: 546
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October 17, 2018, 01:20:05 AM
#30
That's nothing new in crypto space ,I suspect it happened because of people dumping tether for bitcoin and sorry I never seen when bitcoin hits 7k in one hour but anyways everything seems stable to me right now, bull run is all we need not rise in price
member
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October 17, 2018, 01:05:01 AM
#29
The crypto exchange market is very unique in how it works. The price of a crypto coin is usually determined by the last price at which the coin was bought. Linking this to the sudden increase in the price of bitcoin and the drop, if i buy 0.0001 BTC at a rate of 1 BTC for $8000 and that purchase is the last purchase within 2mins, the current price of bitcoin will be $8000. It is advisable to understand and know the Bitcoin market. This will provide you with the basic info needed to understand why the changes in the price of bitcoin. 
legendary
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October 17, 2018, 12:49:02 AM
#28
Here is my take on this :

~ The stock exchanges are taking a beating and investors are looking for safe havens and Bitcoin is seen as a safe haven.
~ The Fidelity announcement was positive news.
~ We are getting closer to the Bakkt cryptocurrency platform's launch.

All of this is causing some volatility in the market and it is going to become worst as we get closer to the Bakkt launch. Institutional capital is going to boost the price a lot, so people are getting ready for that.  Wink
full member
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October 17, 2018, 12:39:57 AM
#27
Today, we started with Bitcoin great pump like end of the 2017. Bitcoin almost %20 rised and reached almost 8K in 1 hour. Then, started the retreat again to 7K.

What is going on Bitcoin? Is it related with Tether? Tether has moved in last days. Can anyone explain?
What happen yesterday was a quick pump? not only for bitcoin but for  other major altcoins also and they suddenly back to their normal price after a sudden pump but one i have notice XRP are slowly moving up even the price of bitcoin are not moving up this is a good indication  that xrp may surge soon specially when BTC goes up again
legendary
Activity: 1946
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October 17, 2018, 12:33:58 AM
#26
Today, we started with Bitcoin great pump like end of the 2017. Bitcoin almost %20 rised and reached almost 8K in 1 hour. Then, started the retreat again to 7K.

What is going on Bitcoin? Is it related with Tether? Tether has moved in last days. Can anyone explain?
Lol thats not happening in USD value,try to check coinmarketcap tthe more reliable about prices

And dont expect that $8,000 value this year because its more than impossible to happen,we will be engaging in this kind of bear for another couple of years so be aware and keep that in mind

actually coinmarketcap.com is the least reliable source for checking prices if you want accuracy and more importantly at times like this when the market is in chaos mode and prices are all over the place just because they use Tether to report USD value of coins!
sites like bitcoinwisdom or better yet the exchanges themselves are more reliable.

as for the $8000, you don't know that for certain. it may or may not happen. but one thing is for sure he downside is not going to last long so don't wait for years Wink
sr. member
Activity: 714
Merit: 260
October 16, 2018, 11:54:18 PM
#25
Today, we started with Bitcoin great pump like end of the 2017. Bitcoin almost %20 rised and reached almost 8K in 1 hour. Then, started the retreat again to 7K.

What is going on Bitcoin? Is it related with Tether? Tether has moved in last days. Can anyone explain?
Lol thats not happening in USD value,try to check coinmarketcap tthe more reliable about prices

And dont expect that $8,000 value this year because its more than impossible to happen,we will be engaging in this kind of bear for another couple of years so be aware and keep that in mind
sr. member
Activity: 1162
Merit: 268
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October 16, 2018, 11:16:32 PM
#24
Today, we started with Bitcoin great pump like end of the 2017. Bitcoin almost %20 rised and reached almost 8K in 1 hour. Then, started the retreat again to 7K.

OMG, did you people start using bitcoin yesterday?
bitcoin price is the same as it was ever. and a rise is not a pump. right now you are looking at the price of bitcoin versus an altcoin and think that price is the value of bitcoin! that altcoin is called Tether not USD Cheesy

check out Coinbase, Kraken, and other exchanges that are actually trading bitcoin with fiat. you can also check out exchanges that have other fiats such as Euro, CNY, JPY, ... they are all the same.

it is just that one altcoin (tether) that is falling in price.
I think the was marvel and he expect the price of bitcoin to continue to surge after gaining some slightly increase in price today. Concerning the USDT issues I think don't have much community support as before and I believe TUSD was the reign champion in the stable coin market this days.

Dont forget there also other who are gaining popularity right its Gemini USD many inventors are now joining in because of the security and insurance that the company promise for holders and investors like fixed price of the coin to all other cryptos.
newbie
Activity: 27
Merit: 1
October 16, 2018, 10:42:57 PM
#23
Considering the volatile nature and the present condition of the market, it is safe to say that the sudden bump in the price of Bitcoin is nothing unnatural. This kind of bump is normal in the market and there is nothing to panic about.
legendary
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October 15, 2018, 08:39:25 AM
#22
Seems like people are fleeing from USDT and are thus moving into BTC and some of the alts in case USDT turns out to be insolvent.

Not sure why everone is fleeing USDT right now however.

The price of tether was dropping since few days and today there was a rumor that Binance will delist tether. But this news was not accepted by Binance CEO.
https://twitter.com/cz_binance

That makes sense. I wasn't aware of these rumors so I wonder how big the impact really was. However I've never used Binance so maybe the rumours were bigger "news" than what I perceived (or rather: failed to perceive).


Not sure why everone is fleeing USDT right now however.

It doesn't look like it's fully backed anymore. It's trading at $0.96 a piece at the moment, according to CoinMarketCap.

I assumed that it's down at 0.96 USD because people are fleeing, but now that you mention it Tether should have been able to prop the price up regardless. Hoh boy.


Btw has anyone else noticed how USDC is trading at more than 8% above face value right now? Seems like the battle of the USD-backed stablecoins has begun.
hero member
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October 15, 2018, 08:02:27 AM
#21
Today, we started with Bitcoin great pump like end of the 2017. Bitcoin almost %20 rised and reached almost 8K in 1 hour. Then, started the retreat again to 7K.

OMG, did you people start using bitcoin yesterday?
bitcoin price is the same as it was ever. and a rise is not a pump. right now you are looking at the price of bitcoin versus an altcoin and think that price is the value of bitcoin! that altcoin is called Tether not USD Cheesy

check out Coinbase, Kraken, and other exchanges that are actually trading bitcoin with fiat. you can also check out exchanges that have other fiats such as Euro, CNY, JPY, ... they are all the same.

it is just that one altcoin (tether) that is falling in price.
I think the was marvel and he expect the price of bitcoin to continue to surge after gaining some slightly increase in price today. Concerning the USDT issues I think don't have much community support as before and I believe TUSD was the reign champion in the stable coin market this days.
jr. member
Activity: 322
Merit: 1
October 15, 2018, 07:52:20 AM
#20
I think what happens right now in the crypto market may seem to be a start of the bullish market for btc and not able to get a big impact for the alts. Let's wait and see in the coming days if market will continue to grow further and in the event it will, I believe that it may be a repeat history the same as what happened last year. Consequently, people should be observant in the market and most probably they should have to hold further on their crypto coins as this may give the people a good return of investment.
jr. member
Activity: 378
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October 15, 2018, 07:21:15 AM
#19
market crushed many times with lies, so actually i dont care about the tether,usdt etc..we needed a fomo and it happened, i hope it will continue.
full member
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October 15, 2018, 07:14:50 AM
#18
Today, we started with Bitcoin great pump like end of the 2017. Bitcoin almost %20 rised and reached almost 8K in 1 hour. Then, started the retreat again to 7K.

What is going on Bitcoin? Is it related with Tether? Tether has moved in last days. Can anyone explain?
Tether has been reported as one of the largest fraud scams in the world and that has caused many traders to sell USDT at low prices and now the value of USDT is only $ 0.96. . That was a bad thing and that made Bitcoin's price higher than ever. More traders bought Bitcoin and that made the price of Bitcoin strong.
jr. member
Activity: 252
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October 15, 2018, 07:06:16 AM
#17
Tether users were spooked panic as the price dropped below one USD, and this caused a massive influx to bitcoin as they dumped their USDT.

Stable coins has never been a sustainable model in my opinion.
The present situation is not good news for BTC, just bad news for USDT
jr. member
Activity: 154
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October 15, 2018, 06:20:58 AM
#16
I think that people were confused when Bitcoin suddenly rose dramatically. I have watched the market. I think some groups have been spreading the news that Binance will delist Tether off their floor. But now it seems the market has stabilized in part.
Not all were confused- newbies mostly. its not great news that the market stabilized but it's good enough for the moment
hero member
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October 15, 2018, 06:16:43 AM
#15
Not sure why everone is fleeing USDT right now however.

It doesn't look like it's fully backed anymore. It's trading at $0.96 a piece at the moment, according to CoinMarketCap.

Today, we started with Bitcoin great pump like end of the 2017. Bitcoin almost %20 rised and reached almost 8K in 1 hour. Then, started the retreat again to 7K.

What is going on Bitcoin? Is it related with Tether? Tether has moved in last days. Can anyone explain?

Bitcoin is probably being used to turn USDT into actual USD in the absence of USDT-USD pairs. (USDT -> BTC -> USD)
If this Tether slide continues, Bitcoin is probably going to be even more volatile.
sr. member
Activity: 1918
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October 15, 2018, 06:08:30 AM
#14
Today, we started with Bitcoin great pump like end of the 2017. Bitcoin almost %20 rised and reached almost 8K in 1 hour. Then, started the retreat again to 7K.

What is going on Bitcoin? Is it related with Tether? Tether has moved in last days. Can anyone explain?
Either some people are trying to trigger another BTC rally or it is related with the massive dump in Tether earlier. Either way, some people definitely took some profits from the pump as there was a sell-off in btc. Now let's see if we can consolidate around the current levels (6900), since we went past the last resistance level (high 6.7k), it'll be great if we can stay at these levels for some time.

Not sure why everone is fleeing USDT right now however.
Timing is weird, perhaps there's some insider information going around which scared some people off (?).

  One understand that the market is Volatile, anything can happen at any given time, its a market testing on 7k plus price value of Bitcoin on the market, and it drop again, if this is really market rally we can expect that the price value of Bitcoin will goes up on and remain up stream, But i am optimistic, once it break the resistance on the market it will be a all up stream trend on Crypto Trading. Let's wait and monitor the market behavior.
jr. member
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October 15, 2018, 06:08:01 AM
#13
Oh well I think its just normal pump and dump, in the market. I Dont think its related to anything though the market (bitcoin)/have been stable for a while now so it's about time an increase or decrease happen.

The benefit of such news is that, the fuss will spike new investors and to buy back into the market.
newbie
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October 15, 2018, 06:07:58 AM
#12
I think that people were confused when Bitcoin suddenly rose dramatically. I have watched the market. I think some groups have been spreading the news that Binance will delist Tether off their floor. But now it seems the market has stabilized in part.
legendary
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October 15, 2018, 06:04:10 AM
#11
This is just a normal movement up as the market was quite stable in September.
This should be the response  of the price drop from the 10-11th October.

Looking at the 1 month graph from coindesk :



Don't forget that on 4th of September the price was over 7300$.
hero member
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October 15, 2018, 05:49:47 AM
#10
Either some people are trying to trigger another BTC rally or it is related with the massive dump in Tether earlier. Either way, some people definitely took some profits from the pump as there was a sell-off in btc. Now let's see if we can consolidate around the current levels (6900), since we went past the last resistance level (high 6.7k), it'll be great if we can stay at these levels for some time.

Not sure why everone is fleeing USDT right now however.
Timing is weird, perhaps there's some insider information going around which scared some people off (?).
jr. member
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October 15, 2018, 05:33:11 AM
#9
I think that this is another move on the part of the whales, in order to get even more profit than usual)) Usually this happens))
jr. member
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October 15, 2018, 05:24:03 AM
#8
The publication that trading pairs with USDT will probably be a fake tomorrow from the Binance exchange.

Also affected by the news: the exchange KuCoin will suspend the input and output of Tether tokens to "purse maintenance"

and an article from Bloomberg about the possible insolvency of Bitfinex and doubts about the reliability of USDT tokens, of which more than 3 billion were issued, but Bitfinex posted 3 references to cold wallets where Bitcoins, Ethereum and EOS are stored, so the rumors not confirmed.  Smiley
sr. member
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October 15, 2018, 05:18:02 AM
#7
Today, we started with Bitcoin great pump like end of the 2017. Bitcoin almost %20 rised and reached almost 8K in 1 hour. Then, started the retreat again to 7K.

What is going on Bitcoin? Is it related with Tether? Tether has moved in last days. Can anyone explain?

The pump was not so strong and BTC cannot reach 7k USD level at the exchanges which use USD instead of tether. The price action was not real. In some exchange who use tether instead of USD you can see 7.5 + levels. This is because of tether/USD price. Normally each tether must equal at 1 USD. But during this movement, each tether was equal of less than 0.9 USD. This is the main reason of this BTC price movement and also big spread bettwen exchanges.

Seems like people are fleeing from USDT and are thus moving into BTC and some of the alts in case USDT turns out to be insolvent.

Not sure why everone is fleeing USDT right now however.

The price of tether was dropping since few days and today there was a rumor that Binance will delist tether. But this news was not accepted by Binance CEO.
https://twitter.com/cz_binance
legendary
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October 15, 2018, 05:05:36 AM
#6
Seems like people are fleeing from USDT and are thus moving into BTC and some of the alts in case USDT turns out to be insolvent.

Not sure why everone is fleeing USDT right now however.
jr. member
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October 15, 2018, 05:04:00 AM
#5
I think this is a slight panic over Tether, investors are forced to look for a profitable investment for their Tether.
sr. member
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October 15, 2018, 04:56:59 AM
#4
Today, we started with Bitcoin great pump like end of the 2017. Bitcoin almost %20 rised and reached almost 8K in 1 hour. Then, started the retreat again to 7K.

What is going on Bitcoin? Is it related with Tether? Tether has moved in last days. Can anyone explain?

They said that people took all of their funds from USDT and try to buy it for Bitcoin then that makes the price of Bitcoin go up for the mean time.
legendary
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October 15, 2018, 04:52:03 AM
#3
Today, we started with Bitcoin great pump like end of the 2017. Bitcoin almost %20 rised and reached almost 8K in 1 hour. Then, started the retreat again to 7K.

What is going on Bitcoin? Is it related with Tether? Tether has moved in last days. Can anyone explain?
I don't find any reason why the price of bitcoin is suddenly jumped for almost 5%-10% according to some news that the price of bitcoin hit 7k value again from Bitfinex exchange in Hongkong but according to CMC the price of bitcoin was increased around $6700. 
There is $10 billion added on market capitalization but I can't find any reasons why the price increased in a couple of minutes but I think there is a big event happen in hong kong where many people buy bitcoin a few hours ago.
legendary
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October 15, 2018, 03:51:31 AM
#2
Today, we started with Bitcoin great pump like end of the 2017. Bitcoin almost %20 rised and reached almost 8K in 1 hour. Then, started the retreat again to 7K.

OMG, did you people start using bitcoin yesterday?
bitcoin price is the same as it was ever. and a rise is not a pump. right now you are looking at the price of bitcoin versus an altcoin and think that price is the value of bitcoin! that altcoin is called Tether not USD Cheesy

check out Coinbase, Kraken, and other exchanges that are actually trading bitcoin with fiat. you can also check out exchanges that have other fiats such as Euro, CNY, JPY, ... they are all the same.

it is just that one altcoin (tether) that is falling in price.
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October 15, 2018, 03:49:35 AM
#1
Today, we started with Bitcoin great pump like end of the 2017. Bitcoin almost %20 rised and reached almost 8K in 1 hour. Then, started the retreat again to 7K.

What is going on Bitcoin? Is it related with Tether? Tether has moved in last days. Can anyone explain?
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