TETHER 'PRINTED' 250,000,000 USD, WILL BITCOIN PRICE RISE?

[sufiasyl]

The crypto market is fully infected for price based on this situations btc and other altcoins are also infected and this price problem is happening because of demand and supply also this patent will help btc to increase their price also this may effect on the full market.

[musta5a]

Tether released a statement that they received a deposit of 250,000,000.00 and as such created new tethers.Will this have a positive impact on the price of bitcoin?
https://bitcoinist.com/tether-grant-250-million-usdt-bitcoin/

I'm just trying to understand the business model behind the stable coins. Why would I invest 250 m into something which doesn't give me any ROI at all? There is something I don't get

[PhantasmRisk]

That's a good news. Maybe it affects the price of Bitcoin. In the previous month a slight change in the price of Bitcoin was noticed due to Tether.

[xTz]

Tether released a statement that they received a deposit of 250,000,000.00 and as such created new tethers.Will this have a positive impact on the price of bitcoin?
https://bitcoinist.com/tether-grant-250-million-usdt-bitcoin/

I'm just trying to understand the business model behind the stable coins. Why would I invest 250 m into something which doesn't give me any ROI at all? There is something I don't get

This coin is not made to get ROI, it is made for ease of trading other crypto without need to exchange fiat money to crypto, so the fees from banks transfers will be eliminated. If you would have a digital dollar you can exit crypto market without involve any bank. The coin itself don't have any return of investment. The ideea is good, the implementation is illegal . Make sense now?

[September11]

This is very interesting, it is suggesting that BTC may bottom any moment and someone is planning a huuuge buy.

it could also mean that exchanges are locking up their real fiat into the tether fed reserve. and getting tether bearer bonds in return
meaning its not a buy thats about to buy coin. but an exchange just swapping real fiat for tether so they can arbitrage with othr exchanges in the background = no change

i seriously doubt that an exchange owner would bother with arbitrage trading between exchanges since the profit is already too small and most of the time near impossible to be any. there are much easier ways of earning money with the money you have including pumping the coins listed on their exchange, investing in some other altcoin and pumping it on some other exchange,...

Even though everything is possible, I'm inclined to think that its' not money from other exchanges. Exchanges are so rich by now that they would probably not waist energies for adding some little gains.

[stompix]

This is very interesting, it is suggesting that BTC may bottom any moment and someone is planning a huuuge buy.

it could also mean that exchanges are locking up their real fiat into the tether fed reserve. and getting tether bearer bonds in return
meaning its not a buy thats about to buy coin. but an exchange just swapping real fiat for tether so they can arbitrage with othr exchanges in the background = no change

i seriously doubt that an exchange owner would bother with arbitrage trading between exchanges since the profit is already too small and most of the time near impossible to be any. there are much easier ways of earning money with the money you have including pumping the coins listed on their exchange, investing in some other altcoin and pumping it on some other exchange,...

I doubt there is trading involved too, but for the same reasons as franky1
My opinion is that most likely they have already some agreements in place between them already so they can profit from every pump and dump or when the spread is becoming too big and they exchange coins and funds and that people using trading bots are getting screwed by those algorithms.

I just hope they don't trigger dumps just for this reason alone.
If this is indeed done with the help of usdt, then we should really start praying it doesn't pop

Slowly but surely I'm losing the last trace of faith I had in any exchange.

I say, it will have no influence at all. It is potentially 250 000 000 USD that could have been invested into Bitcoin,

Or eth or eos...who knows 

[DarrinEspacio]

This is really a good news for btc users of course this price will increase based on this patent also the price of btc will increase and predictors are predicting that the price of btc will increase this December also this price may double based on this it’s the best time to invest.

[ranman09]

It could be. Though I really don't know for sure.

Here's an interesting tweet by Charlie Lee (Litecoin founder):

Tweet link: https://twitter.com/SatoshiLite/status/1011253070821408770

*snip*

USDT sounded like a real token to me, ICO stage?. Well, I think it will somehow affect bitcoin price. But it will not be enough.

🙃

USDT is a coin that's supposedly tethered to the USD. So 1 USDT = 1 USD. It's a coin that's mostly used by traders. Obviously very new to the cryptocurrency space eh? I have no idea how you reached full member without even knowing what USDT is.

https://tether.to/
https://www.youtube.com/watch?v=2XHYkaSemqc
https://www.youtube.com/watch?v=kyQfGsYDcnw

I'm just saying what USDT looks for me, like a token, an alternative. I did use USDT before to escape downtrend on some of my coins.

[Aleshia696]

It could have some good impact over the market. Though I am not sure. But it will have an impact whether positive or negative.

[MichaelMiranda]

this can be something and I feel that it can also affect the bitcoin market, still manipulating with the price can be risky and bring negative sides but it is a unpredictable place so we can't do much about this

[allthebitandbobs]

the market is so manipulated now just waiting for the that bull run to get out . 250 million  maybe more waiting there to pump the market when ever the whales feel like .There just waiting for all the suckers who bought at 20k to sell then they will start the the whole cycle again.

[valentine401]

Tether released a statement that they received a deposit of 250,000,000.00 and as such created new tethers.Will this have a positive impact on the price of bitcoin?
https://bitcoinist.com/tether-grant-250-million-usdt-bitcoin/

If there are more fiat then the price in the market will be decreasing because the volume is high, maybe bitcoins will grow even more since because people can use more usd in their country to invest.

[stompix]

Well, I must say that this price rise and the printing of tether just a few days before are starting to look like too much of a coincidence.

Never liked the tether concept, I don't plan on ever using it and if they are the ones behind this pump it won't make things better. I'm still hoping on the coincidence scenario but .....

If there are more fiat then the price in the market will be decreasing because the volume is high, maybe bitcoins will grow even more since because people can use more usd in their country to invest.

Fiat entering exchanges is making the price drop because there is higher demand and the price will decline but it will grow because fiat is .....?