Well - a Tether synthetic scam pump using fake money is what's happening.
Enjoy it while it lasts cos it will destroy us all in the end.
One of the few non-lying posts in here. It's just like the old days of Gox where the most obvious scam exchange not only has the highest volume, but abnormally differing, higher prices! But wait, there's more! Bitfinex claims to have something like $2 billion in USD cash to back up their scamcoin Tether. The only problem with that claim is even if you believe them at face value - that they have $2 billion in USD fiat - no sane rich person would EVER "all-in" on an obvious fraud exchange like BitFinex with so much cash.
That money is not possible to come from a bunch of minnows, and
people like Peter Thiel do not have a billion dollars sitting in Bitfinex because they aren't absolutely retarded. So where did the money come from? Since that much money obviously did not come from minnows (most minnows don't trust Bitfinex at all either), they either do not have it, or bitcoin is some type of banker/govt backed scam and some huge entity like Goldman Sachs/the ESF is propping the market up by flushing ginormous amounts of money through that obvious scam exchange.
Seriously, where the fuck else would $2 billion come from? There's not that many possibilities here. Someone is going to claim it could be the richest man in China or something stupid, but if anyone is moving around billions of dollars which is being used to prop up something that should be extremely controversial to govts and bankers like bitcoin, it's either hand approved by the US, EU, or Chinese govt, or that person would probably be laying dead in a ditch somewhere. The scamming "TBTF" Jew banks and govt sort of have to be involved in Bitfinex in some manner - either firsthand or by proxy rubberstamping it - when that much money is being used, otherwise it would all be frozen and seized.