Re:Bitcoin Traders Claim There’s Method to Their Madness
by chrisco255 on Sunday December 24, 2017 @02:49AM
(#15998515)
I often hear this theory that tether is just printing bills that are not backed by actual USD... Which I doubt is occurring... But even if it is and every single tether is counterfeit, the market cap of Tether is a mere $1.2 billion. To put that in perspective, Bitcoin's cap is $240 billion. Tether is not a major factor in Bitcoin's price. Sorry.
I put my money on waiting until after Tether [1] fraud gets exposed.
[1] https://en.wikipedia.org/wiki/Tether_(cryptocurrency)