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A comment on Crypto Coin Tether Defies Logic on Kraken’s Market, Raising Red Flags. Parent comment

Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi... by JumpCrisscross on Friday June 29, 2018 @01:08PM (#17425855)
> Tether trades on the magnitude of a few billion USD dail

You’re responding to an allegation of fabricated volumes by quoting volumes.

[ Parent | on HN ]
Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi... by notahacker on Friday June 29, 2018 @01:15PM (#17425906)
Not to mention the fact that real traders would stop exchanging their crypto for USDT pretty darn quick if its price fell below £1USD on exchanges trading USD/USDT pairs for a sustained period. A lot of the genuine activity takes place only because people/bots are watching those relatively small volumes of USD/USDT exchanges and seeing a steady stream of USDT orders at $1.
[ Parent | on HN ]