Bitcoin
Bitcoin
Out of context: Reply #1326
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- yuekit1
Bitcoin’s Price Was Artificially Inflated Last Year, Researchers Say
- Like the stock market?pinkfloyd
- In a way yes...what they are alleging is that Bitcoin price was pumped via unlimited "printing" of a second digital currency, Tether.yuekit
- You could compare it to the Fed doing QE to save the U.S. economy. Which ironically is the sort of manipulation Bitcoin was intended to put an end to.yuekit
- as opposed to keeping fiat currency at an exchange, ppl can keep Tether 'dollars'. However, Tether should be keeping a reserve of dollars = to # of Teth issuedsarahfailin
- ...otherwise they're inflating the market. and they probably are. and the market most certainly was manipulated and inflated. why wouldn't it be w/o regulation?sarahfailin
- It's exactly what that Bitfinex'ed guy has been claiming for months.yuekit
- If true of course... this study doesn't necessarily prove anything.yuekit