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Title: You think this is bad? Here's what is causing it all Post by: RawDog on February 06, 2018, 08:43:06 AM Tether.
Just look at what is going on with Tether. This is the first time that during a big dip, Tether did NOT make new fake money. If Tether doesn't issue new coins, there is nothing to prop up Bitcoin prices. So, Bitcoin goes WAY down. I think Tether must be under secret order by the court to stop issuing new coins. This is why Bitcoin is going to hell. All the other times, tons and tons, hundreds of millions / week of new Tether was created. This week = 0. Now there is no place to run. So the losses - hundreds of millions hit the Bitcoin order book instead. Tether is the reason for this disaster. |