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RE: Bitcoin Battered On Report Bitfinex, Tether Were Subpoenaed Last Month

in #bitcoin7 years ago

No, actually BTC and the rest of the cryptos are led by massive fake liquidity injections as Bitfinex pumps the market with tethers at any sign of a drop... I wonder if theyre firing up the tether printer right now...Should be back above 12k by tomorrow...Tether claimed the auditor was dragging their feet and not delivering answers quickly enough which might be a lgood kick in the nuts will be good long term for cryptos. The hype from say, November till now was like taking the entire dot com hype, boiling down to condense it, then shooting that right in your arm. BTC was jumping $1k per day, $2k per day. People were giddy. Everything got a bid. Supermodels and Evander .It's unfortunate that, no matter how hard you try, some people simply refuse to see the evidence or logic in something when a few dollars profit is at stake. It's usually those people that don't 'lose' per se, but get completely wiped out. Judgement is gone for some when money comes into play.IMO it's just as likely that shorts are pushing the Tether FUD to drive out the weak hands so they can make their short futures positions good thank you for sharing with us...