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$25m Tether has just magically appeared, again

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Thread replies: 9
Thread images: 3

http://omnichest.info/lookupadd.aspx?address=3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL

if you dont know whats going on:
https://www.reddit.com/r/btc/comments/6xpddt/as_20m_more_tether_are_issued_today_i_think_its/

https://medium.com/@bitfinexed/are-fraudulent-tethers-being-used-for-margin-lending-on-bitfinex-5de9dd80f330

HODL HODL guys!!!! 10k bitcoin coming soon ... !! Hodl#hodl
>>
What the fuck is there point of FUDing a coin thats main purpose is to literally not go up or down
>>
>>3382272
You completely missed the point...
>>
>>3382272
I believe the point is that someone has decided to put another $20m into the crypto market. They just haven't bought anything yet.
>>
File: 1504376318995.png (51KB, 500x517px) Image search: [Google]
1504376318995.png
51KB, 500x517px
>>3382272
JUST... WOW
>>
>>3382242
do you even know how tether works? tether is created and destroyed accordingly to keep a 1:1 ratio to fiat dumbass
>>
File: 1437852875008.png (42KB, 625x626px) Image search: [Google]
1437852875008.png
42KB, 625x626px
>>3382394
>>
>>3382394
Pretty sure tether is trying to perform fractional banking at this point so you are living on the edge here.
>>
I dont fucking care if its a scam. Its a usefull scam. I temporarily convert 50% of portfolio to tether when crypto market goes down, and than buy back low. It serves its purpose well.
Thread posts: 9
Thread images: 3


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