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Author Topic: Bitcoin decline is soooo fishy!  (Read 188 times)
Gaman (OP)
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February 02, 2018, 05:11:06 AM
 #1

Explain to me how this make sense... the current crypto decline is due to usdt, all crypto went down but usdt stays at $1, therefore, with regards to btc, usdt actually increased by 17%.

So how come the center of controversy - tether - actually increased rather than decline.

Something fishy is happening.

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February 02, 2018, 05:14:46 AM
 #2

Explain to me how this make sense... the current crypto decline is due to usdt, all crypto went down but usdt stays at $1, therefore, with regards to btc, usdt actually increased by 17%.

So how come the center of controversy - tether - actually increased rather than decline.

Something fishy is happening.
Yes somethings fishy here and becuase of all whales they control now the value of bitcoin so i can say that bitcoin is like a fraud now to all because of the happening now but for now no comment because this bitcoin helps me a lot but for now i dont know it is sad to know .

vhooloo
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February 02, 2018, 05:18:04 AM
 #3

This very sad. Now Bitcoin trade around 8k USD , fall so much. I don't know how long I can hodl to da moon. I know Bitcoin will be 20k USD one day soon, but vary scary.... Sounds like whales do much manipulate
Get-Paid.com
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February 02, 2018, 05:21:44 AM
 #4

USDT is still crypto, the market right now doesn't like crypto.

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February 02, 2018, 05:30:52 AM
Merited by The Sceptical Chymist (1)
 #5

first of all it has not increased or decreased if it is still worth ~$1 like always.

secondly it has dropped to $0.93! https://trade.kraken.com/kraken/usdtusd

and finally when there is a coin that is supposed to be worth $1 that means the market will react according to that assumption. this means if the price of it drops below $1 then people will start buying it because they are 99.99% sure it is under-priced. and if it rises above $1 they will start selling the shit out of it because they are 10000% sure it is overpriced.
and that is how it keeps its price fixed at $1 with no increase or decrease

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February 02, 2018, 05:36:41 AM
 #6

The slow decline that are spread over weeks are perfectly orchestrated. Someone is slowly dumping coins for Fiat on multiple exchanges to hide what is happening. I think a huge correction is coming and someone is hoarding Fiat for this. They want this to go unnoticed, but you can see this money is not going into Alt coins.

My guess is that we might see a massive pump, once the price has reached a specific target price.  Just be ready when this is going to happen.  ^smile^

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Gaman (OP)
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February 02, 2018, 05:39:13 AM
 #7

The slow decline that are spread over weeks are perfectly orchestrated. Someone is slowly dumping coins for Fiat on multiple exchanges to hide what is happening. I think a huge correction is coming and someone is hoarding Fiat for this. They want this to go unnoticed, but you can see this money is not going into Alt coins.

My guess is that we might see a massive pump, once the price has reached a specific target price.  Just be ready when this is going to happen.  ^smile^

I totally agree.  I think this is well orchestrated. Smiley

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dipok07
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February 02, 2018, 05:43:17 AM
 #8

There is nothing to worry about. Hopefully the market will be fixed again. Bitcoin support everyone. Why not reduce the commodity? The trading process is low and the normal thing to grow.

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February 02, 2018, 05:43:34 AM
 #9

bitcoin decline happening like this (a slow drop over weeks) and at this size (60%) is surely fishy. as i said this before recently we are in a reverse bubble! it has to have a name when price drops huge like this but people only focus on the "bubble" when it is only a rising price.

and none of it has anything to do with USDT or tether. that coins has always been fishy.

There is a FOMO brewing...
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February 02, 2018, 05:44:20 AM
 #10

The slow decline that are spread over weeks are perfectly orchestrated. Someone is slowly dumping coins for Fiat on multiple exchanges to hide what is happening. I think a huge correction is coming and someone is hoarding Fiat for this. They want this to go unnoticed, but you can see this money is not going into Alt coins.

My guess is that we might see a massive pump, once the price has reached a specific target price.  Just be ready when this is going to happen.  ^smile^

I have no spare cash for this event. I waiting for this drop in prices because I'm certain that there will be a surge of demand if the prices fall and if will led to an uproar of the price.
marcbitcoins
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February 02, 2018, 05:44:23 AM
 #11

Explain to me how this make sense... the current crypto decline is due to usdt, all crypto went down but usdt stays at $1, therefore, with regards to btc, usdt actually increased by 17%.

So how come the center of controversy - tether - actually increased rather than decline.

Something fishy is happening.

I think this ultimate correction is nothing to do with USDT alone. Maybe the market was manipulated by the whales or conspiracy of all bitcoin haters like the banks to take down digital currencies especially Bitcoin. I just wonder how much money they spent to make this correction to take effect and how they do it as all coins are crashed and looks like no end of it.
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February 02, 2018, 05:49:00 AM
 #12

Going down is possible but crashing NO because most coin are depending on BTC.
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