Biggest inside job fraud ever?

[Shova]

It seems that this ridiculous bitcoin pump is just an inside job of exchanges, they pump bitcoin price by spending their own crooked USD-T not covered by USD 1:1, the price goes up, and as it doubles, they just cash out the profit and coverup the deficit of real USDs by cashing out the 8000 vs 3500USD difference.
The 4k to 8k pump has fundamentally very very low reasons to happen so suddenly except any conspiracy...

Thoughts? Many previous sudden BTC pumps were proven as a fraud before - remember Mt. Goxs pump to 1000+USD in 2013, Sergei Mavrodis sudden Ponzi-scheme pump from 300 to 600USD 2 years later etc.

We can't rule out anything as market always works like a herd of sheep and bull and bear both are indeed the manipulation of large players of market. And in the meanwhile it's the small investors who suffer.

[uneng]

It's obviously speculation, but I don't think there is any fraud involving exchanges and inside trading. It can be a reflex of good news, as the management funds firm Fidelity is going to start trading bitcoin in some weeks (and this firm has good relations in Wall Street).
Knowing about this, many speculators started investing heavily in the market, as anyone could do the same, since the informations were public.

[tippytoes]

It's obviously speculation, but I don't think there is any fraud involving exchanges and inside trading. It can be a reflex of good news, as the management funds firm Fidelity is going to start trading bitcoin in some weeks (and this firm has good relations in Wall Street).
Knowing about this, many speculators started investing heavily in the market, as anyone could do the same, since the informations were public.

I believe the situation presented by the OP is only speculation. Bitcoin has gone upward trend because of more valid reasons. I guess.

More merchants are accepting btc as payment method. Big companies are starting to use blockchain technology in their operations. So honestly, I don't see any miracle or fraud from this bitcoin price increase.

[muratsink]

for me, BTC is a main job, USDT is a stable coin, and USDT is bad for creating a profit.  USD volatility is slow and low, I think. 
USDT is only good for maintaining value.  sergei mavro will not survive for a long time.  several years.  I am a member of Sergei, but Ponzi makes me regret.  I invested $ 900.  and I only get a profit $ 250.   I should get 30% of my investment.  but it is Ponzi. I am sure that the ponzi will disappear.

[SaShiRaJaVu]

It seems that this ridiculous bitcoin pump is just an inside job of exchanges, they pump bitcoin price by spending their own crooked USD-T not covered by USD 1:1, the price goes up, and as it doubles, they just cash out the profit and coverup the deficit of real USDs by cashing out the 8000 vs 3500USD difference.
The 4k to 8k pump has fundamentally very very low reasons to happen so suddenly except any conspiracy...

Thoughts? Many previous sudden BTC pumps were proven as a fraud before - remember Mt. Goxs pump to 1000+USD in 2013, Sergei Mavrodis sudden Ponzi-scheme pump from 300 to 600USD 2 years later etc.

If you are having any concrete proof regarding that why not post here with the entire details rather than speculation about what caused the market to go higher, USDT was not transparent when it comes to their claims or holding equal valuation in dollars and no one is going to believe them in this situation, but if these rallies are simply because of these fraud and you tell that it is that easy to manipulate the market, what is the point in trusting the entire structure.

[rdbase]

Tether is seen as a way for these exchanges to just print money out of thin air. Just look at binance cashing out tether into bitcoin a couple of days ago so they can recover some of the 7000 bitcoin they lost from the hack.
If this isnt sort of fraudulent activity then I dont know what else you could call it.
Bitfinex is control of the stable coin called tether and they claim they have it backed by usd but they havent accounted all the money they hold in it for what it is worth in usd.