Bitcoin’s Price Breaks All-Time High: Here’s Why It Happened

Re:Bitcoin’s Price Breaks All-Time High: Here’s Why It Happened by drchopchop on Monday November 30, 2020 @10:50AM (#25254981)

That Michael Saylor tweet is hilarious:

"#Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy."

Certainly it's that, and not rampant Tether printing / fraud / lack of exit off-ramps / institutionaland retail investor ignorance

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Re:Bitcoin’s Price Breaks All-Time High: Here’s Why It Happened by Lutzb on Monday November 30, 2020 @03:04PM (#25258252)

Ok, so I've heard that tether printing story over and over. Is there a reputable source for these claims?

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Re:Bitcoin’s Price Breaks All-Time High: Here’s Why It Happened by davidgerard on Monday November 30, 2020 @04:43PM (#25259411)

Any that isn't in the crypto press.

If you want Tether explained, this is the best article I've seen (I wish I'd written it).

https://www.kalzumeus.com/2019/10/28/tether-and-bitfinex/

This is a year old; it's only gotten more blatant since then.

The NYAG's inquiry has been slowed by COVID, but is grinding on.

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Re:Bitcoin’s Price Breaks All-Time High: Here’s Why It Happened by Lutzb on Wednesday December 09, 2020 @03:32AM (#25356543)

Thanks that was very informative.

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