My guess, is that they are gearing up to synthetically inflate the price of Bitcoin yet again, and if I had to guess even further, I would say that this recent printing is only the beginning.
By the time fourth quarter of 2018 rolls around, Bitfinex will probably have printed another 2 to 3 billion dollars worth of fresh new Tether, which will most likely be used to run Bitcoin up to around $50,000 by the end of December.
Then, due to the fact that the whole run-up was a sham, Bitcoin will drop back down significantly just as it did last year.
If Bitfinex and its pet Tether aren't stopped after that, they will just continue to do this every year, making billions of actual dollars in the process.
What say you guys and gals, how long will this continue, and what will it take to finally stop the largest scam in cryptocurrency history?
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