Tether Manipulation, What Will Happen To Crypto Price?

in #tether • 7 years ago

so i bet you guys have heard about tether manipulating bitcoin price by printing USDT (tether) out of thin air and use it to buy bitcoin and ethereum in other exchanges. When crypto traders lose confidence in USDT, that means nobody would want to sell their cryptos for USDT anymore. When that happen, USDT will become worthless. their valuation will fully drop to $0 from $1. what happen then? there's this thing called rolling ball effect. Will Tether drag the entire crypto industry down with it? Share your thoughts

#cryptocurrencies #bitcoin #cryptocurrency #bitfinex
7 years ago in #tether by
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     7 years ago 

    just another fud piece, auditing was pulled for how long they were taking, wouldnt be surprised if they bring a new company in this week and put a rest to the fud, as well as proof of funds

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       6 years ago 

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         5 years ago 

        Congratulations @cryptoedmi! You received a personal award!

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