Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi...
by aplummer on Friday June 29, 2018 @03:35PM
(#17427148)
There _are_ questions about solvency though, and it hasn’t dropped.
[ Parent
| on HN ]
Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi...
by londons_explore on Saturday June 30, 2018 @03:26PM
(#17432325)
It only takes one person really sure about Tether to have a bot which simply always trades to keep the price at 1 USD.
That person might be an insider (they know tether is legit, so any deviation from $1 is a moneymaking opportunity), or it could be an outsider who believes the hype.