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Topic: What will happen in the new bullrun without the past huge power of Tether? - page 2. (Read 673 times)

full member
Activity: 714
Merit: 114
This bull run won't be the same as last year. whatever the reason, it's difficult to make things like that. especially without Tether's help this is just like a mediocre increase.

How can you say that ?  Cant you see the price is now increasing , this can be a sign bull run . and its also too early to tell because we are still starting the year  .  wait till we reach the month of october and up .

 that months are said to be the make or break of the cryptos  but im pretty sure that the value will be the same again as what we experience before on the year 2017  . how much more next year when there will be a said halving   .

Tether on the other hand is only a stable coin  .  its usefull but the price of bitcoin and bull run will not depend on it 
Ucy
sr. member
Activity: 2674
Merit: 403
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The tether controversy and  allegations were unproven. It either true or it was used as cover for the real manipulators.
Tether existed before that 2017 pump without problems.
The market need not to move so fast this time.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
Tether at this point is more like loch ness monster, there maybe there but it is made bigger than it really is. the fact is, Tether has become a big part of the trading community specially among altcoin traders who want to escape the big altcion dumps but in the end bitcoin has never depended on it and more importunately its price rises so far had nothing to do with it.
newbie
Activity: 106
Merit: 0
It is surprising that the USDT is still alive. Well, at least the SEC is watching, the feeling that the Tether team should behave more or less legally, otherwise there is a risk to get in jail. Grin
newbie
Activity: 76
Merit: 0
Anyway, stable coins are needed, but the question is whether it will be a Tether or not. So far, it simply has no competitors with its liquidity and giant volume, while algorithmic stable coins haven't shown great results.
hero member
Activity: 2884
Merit: 579
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Demand would make the market on bull and there will be no any other help from tether just like what happened 2017. Institutional money will come in and/or they're already in the market taking their own stash, building their own portfolio's and waiting now for the game. The market would usually grow as it is and bitcoin will eventually surpass the high's that we have reached last time. Money will flow in and it's all due that we're near to halving.
newbie
Activity: 70
Merit: 0
Not that I'm a fan of Tether, but in recent years I have heard so many rumours on it, and it still works. It seemed to me it was mostly FUD. Huh
full member
Activity: 1024
Merit: 100
This bull run won't be the same as last year. whatever the reason, it's difficult to make things like that. especially without Tether's help this is just like a mediocre increase.
full member
Activity: 776
Merit: 101
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According to the analysis published by the New York Times, June 13, 2018, a study blamed Tether who was involved in manipulating Bitcoin prices in 2017.
Half of the increase in Bitcoin prices in December 2017, when the cryptocurrency reached a high of $ 20,000. Explicitly because of Tether's actions. The researchers used an algorithm to analyze blockchain data. They found that buying with Tether was given a deadline after the market slumped and resulted in a considerable increase in the price of Bitcoin.
legendary
Activity: 3080
Merit: 1353

LOL. Did you actually read that news? It was old, the author penned it in June 2018. This article is posted to debunked the previous related news in February 2018 Study Finds Little Correlation Between Tether Printing and Bitcoin's Price. So there's a lot of arguments from both side, but based on the sentiments of this community, I see a consensus that Tether doesn't have that huge power or influence in the price movement of Bitcoin.
newbie
Activity: 21
Merit: 0
I was closely watching market while 2017 bull run happened towards 20000$ . Th emain reason was BCH hardfork success and bitcoin jolders got free BCH it had value more than 1000$ . Then after 2 forks announces one is BTG and another one is segwit2x . People started to invest on this heavily because they will get free 2 coins . It was the actual market hype once bitcoin reached 10000$ it became talk of the town . Rest we seen . Whales took their profit and disappeared . Innocent and greedy people were trapped.

I agree with you, but if we look from the objective point of view, people who let emotions rule them shouldn't trade. Greed kills trading.
sr. member
Activity: 826
Merit: 265
Bitcoin is gaining momentum for the next bull run which this time will be in real greenbacks.

The next bull run is THE bull run, in U$ cash.

The Fed keeps printing dollars, China keeps printing Yuan, Europe keeps printing euros. They've printed U$ 300 trillion in debt that nobody's gona pay.

The next banker-created crash will make Bitcoin into digital gold.
Atleast theres a more positive reply from this tether thread lol

I believe that bitcoin can mooning without tethers interventions as we need are investors ,i mean Real investors that will trust crypto all the way and not just to profit and leave

                                      ~snip~

I think that's not the main reason why bitcoin was all time high 20k.
There are much bigger reason and one of the because lending ICO with super ROI and ended scam, and that's why the price dropped so much also
That’s another answer mate,those damn scammers brings this market to the lowest and that must be stopped
member
Activity: 588
Merit: 10
Hi everyone,

I've read lots of articles explaining that one of the major reasons of the run to $20,000 back in 2017 was the money machine printer known as Tether (USDT). What do you think it will happen this time regarding this?

I ask based on tweets like this:

https://twitter.com/Stami_/status/1115217112262483969

Thanks!

..i don't think that tether plays a major part in the bull run of Bitcoin price in the year 2017..it is just so happen that the demand on Bitcoin arises much that time so many people invested and buy Bitcoins for there is a continous price hike,,although the use of tether gives an effect on Bitcoins bull run,,because some investors uses credit cards to purchase btc..if sooner or later,,when there is a big demand on Bitcoin and many would again invest and but Bitcoi,,then the possible bull run on the following days will occur again..
jr. member
Activity: 193
Merit: 4
Indeed we can not over look the place of events in the price of bitcoin, but the fact still remains that events can only influence the market when there is an enabling environment that is people and businesses ready to accept bitcoin and at this time there are more events and high number of business ready to accept bitcoin so I will say in no time from now the next bull run will be here again.
jr. member
Activity: 139
Merit: 1
According to some research I did , I saw that the 2017 bull run wan majorly anchored by credit card , bitcoin fork and then maybe the presence of USDT. The bull run that everyone is expecting will come in a new dimension and be influence by different factors like the ETF news, major countries legalizing bitcoin and new Site Ayo of conducting initial coin offering(ICO).
hero member
Activity: 2604
Merit: 816
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Hi everyone,

I've read lots of articles explaining that one of the major reasons of the run to $20,000 back in 2017 was the money machine printer known as Tether (USDT). What do you think it will happen this time regarding this?

I ask based on tweets like this:

https://twitter.com/Stami_/status/1115217112262483969

Thanks!

I think that's not the main reason why bitcoin was all time high 20k.
There are much bigger reason and one of the because lending ICO with super ROI and ended scam, and that's why the price dropped so much also

I don't think it's because of the ICO exploding that makes bitcoin increase higher. We are only guessing with what happens in 2017, and we don't know what exactly was happening. There are many speculations about the rise of bitcoin in 2017 and the next bull run, and I guess that no one will know what the main reason for the surge of cryptocurrency in the future is. Let's enjoy the moment in the next bull run and take your profit as much as you can.
hero member
Activity: 2632
Merit: 833
Hi everyone,

I've read lots of articles explaining that one of the major reasons of the run to $20,000 back in 2017 was the money machine printer known as Tether (USDT). What do you think it will happen this time regarding this?

I ask based on tweets like this:

https://twitter.com/Stami_/status/1115217112262483969

Thanks!

They are not the reasons why the price of bitcoin hits almost $20k in 2017.

There are a lot of positive news like Japan entering the picture and the main catalyst, CBoE and CME offering bitcoin future contracts, that really push the price because everyone jump on the hype eventhough the market is already on a bubble and waiting to be burst.

Tether has nothing to do with it, probably this is just another FUD to confused people specially noobs investors.
full member
Activity: 546
Merit: 100
Hi everyone,

I've read lots of articles explaining that one of the major reasons of the run to $20,000 back in 2017 was the money machine printer known as Tether (USDT). What do you think it will happen this time regarding this?

I ask based on tweets like this:

https://twitter.com/Stami_/status/1115217112262483969

Thanks!

I think that's not the main reason why bitcoin was all time high 20k.
There are much bigger reason and one of the because lending ICO with super ROI and ended scam, and that's why the price dropped so much also
newbie
Activity: 30
Merit: 0

this topic has  been bouncing around in my head during the last  week, why do the articles love to ascribe to stablecoin' influence.
I read about this quite detailed report, but even researchers aren't sure that there is a correlation between BTC changes and USDT. it certainly gained its place among crypto, cause traders use it a lot, but nothing else.
however could be connection between altcoins (market full of them now!) and continuing  the bear market and I wish I would find nice report about it.
sr. member
Activity: 910
Merit: 252
I was closely watching market while 2017 bull run happened towards 20000$ . Th emain reason was BCH hardfork success and bitcoin jolders got free BCH it had value more than 1000$ . Then after 2 forks announces one is BTG and another one is segwit2x . People started to invest on this heavily because they will get free 2 coins . It was the actual market hype once bitcoin reached 10000$ it became talk of the town . Rest we seen . Whales took their profit and disappeared . Innocent and greedy people were trapped.
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