Live chart of @Bitfinexed's blood pressure risingpic.twitter.com/6f6Ed3eZUA
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Don’t get me wrong, you’ve done an insane job alerting the space to credible issues with Bitfinex/Tether. The incessant hyperbole & dramatics hurt your credibility though. USDT is rebounding like it always has, you suggested it wouldn’t this time. Eventually you may be right butpic.twitter.com/EpLPu3gKXY
It is easy to see what Bitfinex did. They pulled 700M USDT out of circulation. Lower supply pumped the price back to $1-ish. Eventually they will run out of BTC in their cold wallet to prop up the value of USDT with.
You guys are unreal. First you say they prop up the price of Bitcoin with Tether. Now they're propping up Tether with Bitcoin? And the World Trade Centre was brought down by dynamite.
You are why I don't debate with people on twitter. Instead of making a valid point in response to what I wrote, you instead chose to set up a strawman. Also, you obviously have no clue how markets work. If USDT can influence BTC value, then the reverse must also be true.
Yeah, I get it. You're a recession, crash, conspiracy, impeachment kind of guy. Most be hard maintaining that level of cynicism all day. Anyhow GL, hope you find what you're looking for.
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