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The trend is always up until fake money, USDT, disappear. Until then long is the only game in town.

why is it crazy when they were caught lying? For years they claimed that for every Tether they issued they had 1 USD. It was all over their site, this lie was what allowed them to be created in the first place. once truth came out they claimed they it is backed by commercial paper. No audit...

Just like last time, they printed around 4 billion leading up to 2017 top of BTC 20k, paused for few years. Once no one came after them, then they printed like 76 more billions and pushed BTC to 69K and rest of crypto market up. now they waiting again, we all know there will be no audit, apart...

Overnight, Yes BTC was there before Tether, but it was a small niche thing. It took fake money like USDT to push it to levels where retail took notice. Look at volume. Over 70% of daily volume is in stable coins, USDT being the largest one. They do not even need to print more to keep Price...

If it is proven that they are biggest financial fraud in human history. They will spend the rest of their lives in jail. Would you not be afraid ???

they are now under microscope and being investigated, they threading very carefully In such dangerous waters

are you sure ? I would not be unless all fake money are removed, aka Tethers. With unlimited ability to create fake money, one would be prudent to assume the up trend will resume.

it will not go back up in any big way without fake stable coins minting.

fear of regulators.

John, I know you get excited about such things, but it is nothing. All they do is immediately convert to fiat. It is just another sales channel. This is akin “we now taking discover” and etc. they would sell for tulips if they were being traded.

Big investors do not buy tether to buy BTC, they just buy BTC outright, no one will give billions to BitFinex, who are under investigation.

Look at data. They burning and not printing tethers. The moment they stopped BTC raise stopped. If they resume, so will BTC move up.

If I recall correctly, they “only” printed like 4 billion before the crash. It took time to push it higher, I guess they were waiting if they get hit by regulators, once they realized no one coming for them, they just printed almost 80 billion and pushed crypto to levels most have not seen coming.

this is where you are wrong. If I make a plan, i follow it without deviation. But no one can know the future. USDT launched in 2014, if I recall BTC went into winter. The subsequent push to 20k was all Tether induced.

Definitely a great level to get interesting.

russia already lost, no matter how the war ends.

USD will be world reserve currency until alternative shows up, and it is not BTC. BTC price, not BTC itself, is the world biggest financial fraud.

most people never anticipated fake money “USDT” being part of equation. Never in human history fake money was allowed to exits along with real money. It is understandable why many missed it, including me

wish I knew about BTC this early. I would gotten 10-50 just for fun. Of course would I have hold on is entirely different question.

Looking forward to hear how it goes. I personally only built few prototypes on Ganache local blockchain. About 6 months back was seriously considering launching my own Alt coin, but it is futile, over 10K of these.