BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Might have missed a few - haven't accounted for the coins that got stolen.

But this is each time Tether are created logged on a daily BTCUSD price chart.

I've included some annotations, basically the colors match up to the values, though I got bored after a while and stopped tracking the exact values.

Please note, I'm not trying to say there is or is not any kind of conspiracy theory with Tether, I just think it's something that's useful to track and keep an eye on, as there is no ignoring that it is part of the larger crypto ecosystem.


They don't want tether price to go above $1.00 USD. On days where BTC is crashing they're trying to keep the price consistent. The end result is that tether is not backed by USD. What's the problem here!? Oh the problem is that the crypto market as a whole will be inflated by about 0.12% above whatever amount it would be inflated without tether.
lvturner joshwoodcock
@joshwoodcock, Might also be interesting to put this same idea on a USDTUSD chart
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