Bitcoin Forum
June 25, 2024, 10:33:42 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Tether also printed a lot of USDT  (Read 45 times)
valterkjellberg (OP)
Member
**
Offline Offline

Activity: 107
Merit: 11


View Profile
March 21, 2018, 04:47:16 AM
 #1

Remember from the first, from September to November, Tether also printed a lot of USDT. The year-end BTC hit $ 20,000

On the 18th of January there was news of Tether in 450 million USDT and by 6/2, BTC about 6000 $.

This morning, Tether has printed 300 million USDT. There are two possibilities with this move.

1. Printing to pour into the market (up market)
2. Print to create FOMO for the market, then it dumped the BTC from $ 9000 to $ 6000 (bottom-up test) and it bottomed at $ 6000
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!