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[MidKnight]

These stories are just full of crap and another good timing to fud the whole cryptomarket. There is really a huge manipulation going on just to dip btc and not because they want to kill it but because they want to get it much cheaper and after that they are going to pump it very mad.

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[mega_carnation]

Tether is a big reason btc got to 20.000, if you look at the chart you can see when tether started getting pumped btc and all altcoins rose with it.

So we as users doesn't add any demand to bitcoin? This market is all about tether and bitcoin and anyone who is buying it doesn't contribute to it's slow movement?

June 1 2017 - Jan 7 2018 Tether started being printed in massive amounts - from 87 billion to 830 billion an increase of approx: 860%

Nice numbers, I don't know where you are getting this "approximation" of increase. It's total supply is only 1,650,000,000 and even it will be stable at $1 per Tether, it won't reached that number you gave. You are totally out of your mind and stop spreading false information.

[vladimir21]

I've found out that it basically is being printed for the sole purpose of purchasing btc with this
newly printed "money" thus popping up the price of not only btc but all cryptos.

Marketcap:

 June 1 2017 - Jan 7 2018 Tether started being printed in massive amounts - from 87 billion to 830 billion an increase of approx: 860%

Interesting post, OP.

I'm skeptical of your claims for 1 reason(think about what you're saying):

June 1 2017 - Jan 7 2018 Tether started being printed in massive amounts - from 87 billion to 830 billion an increase of approx: 860%

If tethers market cap is "830 billion" that's more than the total market cap of crypto currencies combined($498 billion):



Link to image in case it doesn't show:  http://i65.tinypic.com/5mbwxv.jpg

This site lists tether's market cap @ $1.6 billion:




https://coinmarketcap.com/currencies/tether/

I think people might be interested in knowing where you got a "830 billion" tether market cap from.

June 1 2017- Jan 7 2018 is when tether started to be printed massively. This was tethers peak, i was talking about the whole crypto market increase. Which was from 87 total marketcap to 830 billion.

There are over 600 billion printed tethers, and the statistics that are shown on coinmarketcap are totally wrong. Everything will be explained and shown in my documentary, how normal people are getting scammed daily in the cryptomarket. I will release it in approx 10 days then it will be finished.

[vladimir21]

There is a reason i decided to leave cryptomarket, it's because i decided to make a documentary on it. Thanks to my coding knowledge and hacker background i've managed to collect alot of information.

[SirArthur]

You're aware that the whole USDt on circulation sums up to 2 bln, right?
However yes, it's a scam and will certainly impact BTC and alts, but not to the hight you're talking about.

[DooMAD]

I a software engineer/programmer and i have found alot of proof that
tether is being sold to exchanges and that it keeps being printed.

I've found out that it basically is being printed for the sole purpose of purchasing btc with this
newly printed "money" thus popping up the price of not only btc but all cryptos.

I'm working on a documentary on the whole tether scam that will have the biggest
impact on cryptocurrency and the news will be all over it. It will trigger
a bitcoin sell-off like we've never seen before when people realize that 90%
of the marketcap of bitcoin is fake printed tether money.

Surely the rational conclusion is that if Tether is compromised, people would dump their Tether and the money comes flooding back into Bitcoin?  Or is it just that the dramatic conspiracy theories make a bigger potential draw for your documentary?  Altcoins collapse all the time and Bitcoin is largely unaffected.  Plus, you can't really argue it's in any way logical to sell Bitcoin for some fiat fake printed money because you were worried about Tether fake printed money.  The sensible investor would avoid the fake printed money altogether and stick with the coins that have a fixed supply.  

I've always been dubious of Tether, since there's literally no conceivable way that:

"each unit of Tether is backed by one United States dollar held in reserve by Tether Limited, and may be redeemed through the Tether Platform"

 
Even if they're talking about fractional reserve, it still sounds like horseshit.  I honestly don't think there will be too many people out there who will be shocked by your sudden revelations.  

There is a reason i decided to leave cryptomarket, it's because i decided to make a documentary on it. Thanks to my coding knowledge and hacker background i've managed to collect alot of information.

kbai.

[gwapo.zylle]

Collapse? Bitcoin will not but rather go down and then up. Because many researcher believes that bitcoin has capability to be legalized worldwide. We don't just believe in the news which is no evidence at all. We rather keep on researching how tobstabilized bitcoin for the sake of all becasue everyone can benefits the boon brings bitcoin into our life and to our country too.

[cryptocurrencyguru]

I probably might give you the benefit of doubt for your opinion. It is not news that there's a lot of manipulation going on behind the scene, so the story about printed tether might not be far-fetched. It could also be a combination of other factors that will cause a bitcoin sell off.

I know guys that btc will rise for sure, as for example rootstock is in the beta testing phase right now. And will be soon on the btc mainnet so we can expect btc to rise again, china fud/bans etc. is very common tactic and i have heard about it alot back in early 2017. Russia is planning on making their own coin and usually Russia works with China. Which means China is spreading this fud again to buy in low and sell high in the future.

I went through some of your old posts, it's funny how only 6 days ago you were quite optimistic that Bitcoin value will rise. You even predicted 2018 to be a good year for BTC!

Also created three identical "BREAKING NEWS" topics in different forum sections. I'm looking forward to the promised documentary, which everyone will talk about.

You will soon learn how dodgy tether is from my 20min long documentary, i have been working on it for 6 weeks now. Soon everybody will learn.

Documentary! really you can browse in youtube there are lot of videos you will find many negative videos already. Many people who invested in Bitcoin already know the volatile meaning and now it's not the time to FUD already Bitcoin price is decreasing.

[Mainman08]

Another fake news. Even if bitcoin is dropping significantly this past few days. Bitcoin will not collapse easily. I believe that the value of bitcoin will recover.

[Eleven86]

I probably might give you the benefit of doubt for your opinion. It is not news that there's a lot of manipulation going on behind the scene, so the story about printed tether might not be far-fetched. It could also be a combination of other factors that will cause a bitcoin sell off.

I know guys that btc will rise for sure, as for example rootstock is in the beta testing phase right now. And will be soon on the btc mainnet so we can expect btc to rise again, china fud/bans etc. is very common tactic and i have heard about it alot back in early 2017. Russia is planning on making their own coin and usually Russia works with China. Which means China is spreading this fud again to buy in low and sell high in the future.

I went through some of your old posts, it's funny how only 6 days ago you were quite optimistic that Bitcoin value will rise. You even predicted 2018 to be a good year for BTC!

Also created three identical "BREAKING NEWS" topics in different forum sections. I'm looking forward to the promised documentary, which everyone will talk about.

You will soon learn how dodgy tether is from my 20min long documentary, i have been working on it for 6 weeks now. Soon everybody will learn.

Documentary! really you can browse in youtube there are lot of videos you will find many negative videos already. Many people who invested in Bitcoin already know the volatile meaning and now it's not the time to FUD already Bitcoin price is decreasing.

Guys stop throwing negative vibration around. Make sure you proof yourselves. Every business has its own competitor and people roam around complaining one or the other. Better learn more to enhance your knowledge and thought process. I am not being harsh with anyone. I just want everyone here to support the crypto community. Experience the fruits instead of finding out which is not opt to you.

Crypto community and BTC team knows to handle the situation even before its even thought to be collapsing.

[anjaydut]

I am not surprised by your statement, because I often read and hear news like this in newspapers and electronic media
But until now not proven at all, bitcon still get a positive response from everyone, especially investors
Bitcoin will never fall because bitcoin is the currency of the future, bitcoin is not just for us who live in this age, bitcoin is a legacy that will continue to exist for the next generation.