BitFinex Just Generated $210 millions USDT - Pump Incoming ?
If you never heard of Bitfinex or USDT or how they create it.. better read my posts ;) I explained it many times.
Now we have a run of new USDT coming to the exchange. Its still being confirmed so give it some time - hence why i post fast.
https://www.omniexplorer.info/address/1KYiKJEfdJtap9QX2v9BXJMpz2SfU4pgZw
It seems that actually Bitfinex Account Opening is possible again - do it before they close the window. It was closed so long im surprised they opened again.
BFX Markets
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why do they release new usdt? Can it be burned as well?
I could see a little Bitcoin pump incoming later today :-D!
Why else would they print new Tethers?
Do you have an idea on how big the pumps were the last times new USDT got issued at similar scale?
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Last time when new Tether was printed, no pump happened..
Maybe it will be different this time.
Maybe they pumped another currency with it other than Bitcoin?
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I don't know, there were no significant moves ...
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Sure we all know Tether is the best asset in crypto. What's not to like about it.
Only the fact that there is no guarantee that you can always change it to USD,and big probability of crash.
Shityest asset out there.I would never hold one dollar in usdt.
Not so fast, you can also use this money to short... just saying
bitfinex is pump and dump using tether/bitcoin to play on market and bitcoin price by using tether
$210000000 isn't going to cause a pump. maybe when they have accumulated $1 billion or more we can expect a small pump. Or maybe this will be a pump on some altcoin on bitfinex.
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Yes! Great news.
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