This is a very controversial subject concerning Bitcoin and Bitfinex / Tether... The chart below demonstrates when new tether is printed, Bitcoin tends to pump hard right later.
Yesterday, I seen that "Tether" once again printed more than 100 Million USDT. I knew automatically Bitcoin was going to pump hard this morning so I put a simple long on Bybit.
Yeah, you can place a 100X bet on BYBIT but I don't recommend it, that shit is just plain gamblin!
But hey, sometimes you gotta take a big risk to get the big rewards! 😂 😅
Is this whole pump from April 1st to now a huge big pump scam by tether? Bitcoin went from Mid 9k to 11,500 in the blink of an eye. 😲
No one really knows for sure. However, if you can print "Tether" out of thin air, what do you think they are buying?.... Bitcoin!
Can it be new real money coming into the marketing buying tether? It can be... beats me! lol
So when will this "printing party" be over? Bitfinex/Tether has scheduled a hearing on July 29, 2019 to determine if any fraud did happen.
Until then, the "printing" of Tether will still continue. So if you find out if Tether does another round of "Printing" be sure to load up your bags and get some "Gainz".
This is going to be a very rocky 2019 for crypto. You are going to see lots of ups and downs... just be sure to start buying the huge dips!
Stay Safe and Keep On STACKIN! 😎 Charles FuchsWant To Trade Bitcoin with 100X Leverage? Create Your Free Bybit Account Here in 30 seconds and claim your $60 Welcome Bonus!
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