Exercise-Discipline

TETHER FRAUD PROPPING UP BTC MARKET

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
650 million USDT printed since 14 January.

Coincidentally, that's when BTC started dropping.

People started cashing out to USDT.

USDT value increased.

Uh, oh...USDT needs to be 'stable'...it needs to be 1:1 with actual USD.

Let's print some more USDT to reduce its value.

However, in doing so, Tether is effectively propping up the value of BTC .

Especially as Bitfinex (highest volume BTC /USD exchange) considers USD and USDT to be interchangeable...

Even though USDT is a non-redeemable token!

Pure fraud.
Comment: Casual 100M USDT printed again

Comments

851 views and only 3 likes (mine included) ... "A fool and his money are soon departed."
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Will you be updating this regularly? How can I tell when they print new tether if I ever wanted to check on my own? Thanks kindly
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Oscarthedog Exercise-Discipline
@Exercise-Discipline, Thanks much! I'll add an alert to Twitter. You rock!
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Will you be updating this regularly? How can I tell when they print new tether if I ever wanted to check on my own? Thanks kindly
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what are u saying...we dont get it
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@otarkpb, Tether is printing USDT, and sending it to Bitfinex to buy bitcoin...

For past 5 days they have printed at least 100 million USDT per day...and used it to buy bitcoin...
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otarkpb Exercise-Discipline
@Exercise-Discipline, where is your proof? how do u know this..u are the 30th person to say this .....ALL CURRENCY IS MANIPULATED BRO...SCREW TETHER,...the actual usd has been manipulated for CENTURIES..whats your point?/PROOF...FUD
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