Re:U.S. Launches Criminal Probe into Bitcoin Price Manipulation
by tomp on Thursday May 24, 2018 @11:37AM
(#17145040)
Don't you have it the wrong way round? The value (in $) of USDT crashes after they create more of it, because they create more of it (i.e. supply increases). I mean, surely it doesn't make sense to increase supply after USDT crashes (and hence depress the value further)?!
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Re:U.S. Launches Criminal Probe into Bitcoin Price Manipulation
by ceejayoz on Thursday May 24, 2018 @11:40AM
(#17145068)
If Tether is a scam, they'd care more about the value of Bitcoin and the altcoins being propped up with it (as that's where they'd be actually making their money) than the value of Tether.