Do you have a post/link where you explain the Ponzi scheme? Interested to get your take. Sorry if this has been covered before.
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Thank you!
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Idk what you're talking about here to be honest, as accurate as you are about
@Tether_to and@bitfinex,#Bitcoin is not a ponzi scheme as an open source blockchain transaction code because of a few bad actors at one exchange -
It has been turned into one by fraudulent exchanges.
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Nope. But the price may be inflated because of it. 1 BTC = 1 BTC the
$USD is the real ponzi -
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Oh man,
request my transcripts, done with ya clown - 2 more replies
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the $1000 spread btw
$USDT exchanges and "real" fiat ones shoulda been a fucking clue -
The reason for large price differences across exchanges is not properly working arbitrage. Not Fud.
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Yes it’s not working properly because you can get fiat ONTO bitfinex but you can’t get it out. Ie risk premium.
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now that the FUD campaign is over.. why is it still at 0.95?
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Because of their competitors!! lol
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Neither Bitfinex ,Nor you ,nor anyone have power to convert biggest financial invention of past ,future to convert into Ponzi, Bitcoin is like Soul no one can kill
Thanks. Twitter will use this to make your timeline better. UndoUndo
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I dont think bitfinix and tether effected the market cap as much as you think it does.
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Correct me if am wrong but total tethers in circulation are roughly 1B 'dollars' equivalent. BTC market cap is higher than 100B so the scam equals 1% of market cap. Or not?
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"Market Cap" isn't a real number. For that, they take the current trading price and multiply it by the number of coins. The actual amount of USD put into BTC is much, much lower. If I remember, there are 2.4B, USDT, not 1B. Impossible to calculate the ripple effect.
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