Tether price manipulation
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Tether price manipulation
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Re: Tether price manipulation
#2While correlation is not causation, correlation is evidence for causation... and there's a lot of correlation in those graphs.
Re: Tether price manipulation
#3This is propaganda from a competing altcoin.
Re: Tether price manipulation
#4I agree that a Tether reckoning is coming, but point #10 of that thread is the most important: it could be weeks, months or _years_ before it's fully corrected, so be super super super careful about using Tether as a reason to short Bitcoin...
"The market can remain irrational longer than you can remain solvent"
Re: Tether price manipulation
#5This is propaganda from a competing altcoin.
Just like "Jacob Oracle" did on Twitter, you're gonna have to provide at least some proof of your accusation. Now this is not conclusive in any way, but the user has "Investing in #Bitcoin" listed in their Twitter biography, hinting that they have more to lose if Bitcoin loses it's price, rather than gain, so seems they don't have anything but fairness to win with this. But wouldn't be the first time someone lied on the internet.
Point still stands, proof or GTFO.
Re: Tether price manipulation
#6This is propaganda from a competing altcoin.
Just like "Jacob Oracle" did on Twitter, you're gonna have to provide at least some proof of your accusation. Now this is not conclusive in any way, but the user has "Investing in #Bitcoin" listed in their Twitter biography, hinting that they have more to lose if Bitcoin loses it's price, rather than gain, so seems they don't have anything but fairness to win with this. But wouldn't be the first time someone lied on…
Where is the proof of whether or not Tether was actually injecting unbacked tokens?
The tweet author just assumed bitcoin spikes were being pumped by Tether, basically they got the graph and put lines on it. Do you call that proof?
Re: Tether price manipulation
#7While correlation is not causation, correlation is evidence for causation... and there's a lot of correlation in those graphs.
It literally is not.
Re: Tether price manipulation
#8While I don’t doubt that Tether was used to manipulate the Bitcoin price upwards, at the same time I believe Bitcoin Futures were/are being used to suppress the Bitcoin price as well.
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[0]: https://www.equities.com/news/how-do-bitcoin-futures-affect-...
Re: Tether price manipulation
#9This is propaganda from a competing altcoin.
Just like "Jacob Oracle" did on Twitter, you're gonna have to provide at least some proof of your accusation. Now this is not conclusive in any way, but the user has "Investing in #Bitcoin" listed in their Twitter biography, hinting that they have more to lose if Bitcoin loses it's price, rather than gain, so seems they don't have anything but fairness to win with this. But wouldn't be the first time someone lied on…
Indeed, show the proof of manipulation or GTFO
Re: Tether price manipulation
#10Earlier quoted context omitted.
Just like "Jacob Oracle" did on Twitter, you're gonna have to provide at least some proof of your accusation. Now this is not conclusive in any way, but the user has "Investing in #Bitcoin" listed in their Twitter biography, hinting that they have more to lose if Bitcoin loses it's price, rather than gain, so seems they don't have anything but fairness to win with this. But wouldn't be the first time someone lied on…
Where is the proof of whether or not Tether was actually injecting unbacked tokens? The tweet author just assumed bitcoin spikes were being pumped by Tether, basically they got the graph and put lines on it. Do you call that proof?
I don't have any inclination towards the tweets author being right or wrong, I simply know too little about it. But at least they are providing something to try to back up their claim. If it's true or not will ultimately be up to law enforcement, if it comes to that.
My point was that the tweets author is trying to back up their claim while DJBunnies did absolutely nothing to try to back up theirs.