Bitcoin price jumps after USDT transparency update!

[Bytem3]

Finally some insights into USDT! Bitcoin price jumped after Tether (USD) release transparency update:

https://coincodex.com/article/1908/crypto-markets-respond-positively-to-tether-transparency-update/

[angelfaria]

This is really great news for the investors of the bitcoin as well as the investors of the market of crypto currency. Bitcoin has proved itself from the beginning to now through its transparent and accountable operation to the investors. Such reaction proves that bitcoin is reported in a good manner in the report.

[shaw1]

And bitcoin ain't jumping no more. 

Falling now. Lead plated rock. Your tether update caused it to jump by 150 dollars.
Now we're down 750 bucks a coin.

That's enough right there to take the happy out of this.

Am happy tether is somewhat clean.
But this really kind of got put into the background, since the bears are tearing up the bulls, and shredding their assets.

17 billion+ dollars lost in the blink of an eye. We aren't getting much in the way of bull news, and it might be better that way.

Let the bears have their fun. Just stand back, and quietly buy the coins that everyone is panic dumping on the market.

[gentlemand]

17 billion+ dollars lost in the blink of an eye. We aren't getting much in the way of bull news, and it might be better that way.

I think we should change 'USD' to 'market caps USD' in this context. So 17 billion MCUSD were recently lost, as there certainly were never more than a tiny fraction of real dollars involved.

The USDT report does nothing to clear up any doubts prior to the period that law firm sniffed around and that prior period is the one everyone wants to know more about. They could've immediately moved all that money back out after moving it in. I personally think it'll all be fine but the question marks will still be dug up every now and then.

And it was never going to turn the market around. It's locked into whatever trajectory it's heading along immune to news.

[InziderX]

Hurray!

Bitfinex will be free to manipulate the price feed again!!! Half-joke.

BTC to the moon Alice!

...


I lost 1/3 of my account with the Bitfinex Hack.
I must own a bit of USDT without knowing it!


Warm feeling...

[Slow death]

[...]

This was good news and only made the price rise a little, but in a few days the price fell again and everything is red with some altcoins having drops of more than 12% than the case of Ontology. In the last months it is very difficult to make trade because the price is in free fall which becomes very risky and complicated. I wonder when will we get back to good old days

And bitcoin ain't jumping no more. 

we are in freefall, where the price only falls and falls without stopping

[newinbtc]

Finally some insights into USDT! Bitcoin price jumped after Tether (USD) release transparency update:

https://coincodex.com/article/1908/crypto-markets-respond-positively-to-tether-transparency-update/

after this news , bitcoin price come down not rised. as well Bitcoin price become lowest price of the year at 5,947$ on 6 feb. That was really bad news for investors but it may be a signal that it reach bottom price time to boost price of bitcoin.

you are talking about temporary rise because people just moved funds with help of bitcoins and withdraw currency in fiat. Market will recover this in next three month.

[Latwindar]

17 billion+ dollars lost in the blink of an eye. We aren't getting much in the way of bull news, and it might be better that way.

I think we should change 'USD' to 'market caps USD' in this context. So 17 billion MCUSD were recently lost, as there certainly were never more than a tiny fraction of real dollars involved.

The USDT report does nothing to clear up any doubts prior to the period that law firm sniffed around and that prior period is the one everyone wants to know more about. They could've immediately moved all that money back out after moving it in. I personally think it'll all be fine but the question marks will still be dug up every now and then.

And it was never going to turn the market around. It's locked into whatever trajectory it's heading along immune to news.

I think only when there are more applications of bitcoin will turn the price around.