Bitcoin surge in 2017 was a Tether game

in #bitcoin7 years ago (edited)

An American University claims that the bitcoin surge in 2017 was an act of manipulation and was created artificially by using Tether. A detailed report on this matter is actually published by a student and a finance professor at Texas University.
bitcoin surge.jpg
The claims directly mention Bitfinex, a cryptocurrency exchange and creator of Tether. There are nearly two and a half Tether coins in circulation now. The value of Tether is meant to mirror US dollar in the cryptocurrency world and to provide security benefits to volatile digital currency. Meanwhile, the allegations are denied by Bitfinex.

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@digbit, I gave you an upvote on your first post! Please give me a follow and I will give you a follow in return!

Please also take a moment to read this post regarding bad behavior on Steemit.

Thank you for upvoting. I have followed you

I do not know anything about writing blog posts. I am a first timer, a beginner. Create a post for new joiners on "How to create a good Steemit post". There you can mention avoiding spam. This will help a lot i guess.

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Cool, thanks for sharing.

I have followed you too. I do not about writing the blog posts. Thank you for replying sir

hi digbit i upvote on your first post please give me a follow and i will give a follow in return

Thank you, sir. I have followed you too.