Tether

>Somebody sells btc for usdt
>Btc price goes down

btc relative to tether, not to dollar. But because tether is pegged to dollar, people selling btc for tether don't influence the exchange rate, only people that cash out btc to dollar would change the exchange rate.

>You're in this out of greed, not because you understand the tech and its uses. If you did, you wouldn't be touching those shitcoins. If you don't understand the tech you'll not have the balls to play the long hold game, the one that's always paid off the most.


that's why I only mine.

Tether is pegged to usd, so doesn't that reflect in btc usd price the same way? The only difference is that the market cap remains in crypto and tether instead of going out.

>Tether is pegged to usd, so doesn't that reflect in btc usd price the same way.

no. peg to usd is achieved by manipulating supply of tether to match demand.