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Tether printing moves the market appreciably when comparing BTC movements
| Bistre cowardly location | 01/29/18 |
| brass ladyboy | 01/29/18 |
| Bistre cowardly location | 01/29/18 |
| comical effete national | 01/29/18 |
Poast new message in this thread
Date: January 29th, 2018 12:26 PM Author: Bistre cowardly location “Tether printing moves the market appreciably,” concluded the report, which compared bitcoin price movements before and after new tether issuance, as well as analysing publicly available tether transaction statistics using forensic accounting techniques.
“48.8 per cent of BTC’s price rise in the period studied occurred in the two-hour periods following the arrival of 91 different tether grants to the Bitfinex wallet,” the report said.
“Bitfinex withdrawal/deposit statistics are unusual and would give rise to further scrutiny in a typical accounting environment. If there is questionable activity, the author believes a 30-80 per cent reduction in BTC price could be forecast.”
http://www.news.com.au/finance/money/investing/without-this-scam-bitcoin-price-would-collapse-fears-grow-over-tether-printing-press-as-auditors-part-ways/news-story/308503ab61f82d320e92847a0b59a23b |
Date: January 29th, 2018 12:53 PM Author: brass ladyboy A 80% market drop followed by a 500% market increase over the next few months. (http://www.autoadmit.com/thread.php?thread_id=3874863&forum_id=7#35268355) |
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Date: January 29th, 2018 1:03 PM Author: Bistre cowardly location 18000000000 cant wait (http://www.autoadmit.com/thread.php?thread_id=3874863&forum_id=7#35268456) |
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Date: January 29th, 2018 1:13 PM Author: comical effete national will truly be a PEAK experience (http://www.autoadmit.com/thread.php?thread_id=3874863&forum_id=7#35268530) |