The bots are desperately trying to keep the price from tumbling.
Laughable.
CRASH INCOMING
Ayden Morales
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Carson Thomas
a..are the tethers not working?
Brandon Torres
well at some point...
Hudson Price
Look at the volume. And longs are getting pushed off.
This could be the one. If we cross $15.5k on Bitstamp its over.
Nicholas Sanchez
Etherium flippening soon
Isaiah Martin
>mtgox
>$250
You really are one DUMB motherfucker
Chase Flores
>bots trying to keep shit going
>look at volume
>sitting there
fuck off
Sebastian Miller
comfy
Ryan Green
its over boys, press F
Carter Richardson
[F]
Jordan Ortiz
etherium has had a few good weeks. any steam left you think?
Landon Flores
actually this reminds me of media hype around it back in the day, every news outletin here was reporting on btc growth and you could literally feel how much hate they had for it, i think it was nonstop newstream shitting on btc when gox actually happened
Camden Ortiz
at some point we just print more tethers?
Can you just do that? Add money to the total supply?
Newsflash!
usdebtclock.org
Samuel Taylor
macd just crossed on the 12h. Is this shit gonna dip hard?
Michael Nelson
Absolutely
Isaiah Lopez
Thank you based bots.
Christian Lewis
Holy shit wtf happened to vitalik?
Juan Harris
i understand the conspiracy that Tether is floating more coins than can be redeemed for one dollar than it has dollars
my question: how do tethers enter the market? Presumably dweebs buy them, presumably for slightly more than $1.
Doesn't Tether back itself in this way? I realize that they could take a calculated risk and release more tethers than they have backing for.
Or is it that they buy BTC themselves as a company with their unbacked Tethers?
The second scenario would be more alarming
Michael Thompson
Autism and Photoshop.
Gavin Long
Mate tether have NO DOLLARS at all. This is what they do:
>have 100 btc worth 17k each
>print 1700k tethers backed by the dollar valye of the btc
>use these to buy more btc, driving up its price.
>this lets them print more tethers
Ad infinitum
Matthew Hughes
His head got bigger from storing his 200 million USD worth seed pass phrase.
Jaxon Perez
Don't they just sell the bitcoin after they buy it with tether? Wouldn't that cancel out?
Jayden Adams
Tether is a tiny tiny (.3%) amount of bitcoin. It's not 'propping' it up, brainlet
Julian Phillips
go back sucking dick at bitfinex. YOU HAVE TO GO BACK!!! MODS MODS MODS