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https://amycastor.com/2020/11/21/are-pixie-fairies-behind-bitcoins-latest-bubble/

Pekelo, fantastic summary!!!!! Been saying this for a while now, not so sophisticated of course.

I said it before and will say it again, the only way to know real value of BTC is to let it trade with real money. With All that stable coin shit, no way to know what it is really worth. It could have been sub 1K easily.

Great summary. I am of the same opinion that if someone is wealthy, buying into BTC is no big deal, but it is a big deal for most. Wish I knew someone that wealthy, to ask them if they even are aware of stable coins manipulation like USDT. Every new investor I met over last few years, has no...

Add to it oil at -37. This is one of the most unprecedented years. next year we could be at 1700 or at 5700. Nothing makes sense anymore based on historical precedents. We just need to trade it.

no I am not. Btw, where did I say criminal? Apparently it is allowed and does not bother most who trade in that market. I am just stating the facts of why crypto are a fake/fraud what ever you may call them. If stable coins ever removed, then we will see a true value of Bitcoin, and normal...

no idea how much they make. All that is evident it is a pure manipulation with USDT. and why does it matter how much I make?????

well, you of course do not get it them, But BitFinex just creates tethers and then can use them to acquire cryptos. Where losers like us must use our heads earned money.

they are not backed by anything. Essentially they just create tethers out of thin air and use them to buy cryptos. Wonderful for them.

pretty much sums it up and yet so many keep ignoring it, like it does not even matter.

and most people are not even aware of these stable coins existence. In order to get real price of an asset real money must be used. But when some must use real money and some can just create fake shit to buy the same asset, what is the actual price ?????

exactly. USDT is outright fraud that is allowed to exits, no idea how many others out there. Some seem to be legit, but so did USDT in the beginning.

We will never know the real price until stable coins are removed and cryptos can only be bought or sold for real money.

Very well said !!!!! And not just Tether but every other fake stable coin, because if tether is removed, some new shit is created, it is business as usual.

take a deep breath, relax and enjoy the moment. What ever angers you, just let it go. I think we done arguing as you clearly can not answer the most simple question, hide under fancy words and childish insults.

I think you made your point very well. I learned over the years, that when someone during an argument or discussion starts name calling, this means they lost it, and have nothing else of value to say. I wish you all the best, who knows how high it will go before inevitable crash.

are you seriously saying that USDT is not used to buy Bitcoins??? And you keep avoiding my very simple question.

First of all, I assumed you understood that my post was sarcasm about creating ET coin. As I said, answer one simple question that I posted, then we can discuss all of the above. And yes, you do know a lot more than I about cryptos. The little that I do know, points that the whole space is a...

once again, why should investors use cash to buy Bitcoin (apart from pure gamble) and BitFinex be allowed to just creates tethers to do the same. Please answer this question. how about you and I partner and create ET coin and try to use it to buy bitcoins? Wouldn’t that be awesome. We create...

yes, that hard earned cash that pays for mortgage, cars, education and etc. I understand why true believers just shrug of the reality of USDT, our human brains are programmed to ignore facts that contrary to our beliefs.