Title: USDT is under the spot light and keeps pumping BTC upwards Post by: Anti-Cen on January 30, 2018, 01:48:08 PM 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 |