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RE: BTC almost $4,000!!! Will it hit $6,000 or more? Where do I take profits on my Free coins?
I would strongly suggest to check this:
https://medium.com/@bitfinexed/are-fraudulent-tethers-being-used-for-margin-lending-on-bitfinex-5de9dd80f330
It might explain why we have this rally on BTC and why Tether is hot potato.
@quickfingersluc could you please comment on this one?
Oh my, thank you very much for posting that link. I have been hearing warnings about tether and bitfinex from a few other followers and I love seeing stats and numbers. That article gives me alot to consider. As a safety, I will start moving money out of tether for now, I have way to much and I will investigate this further.. But if there is any truth to this, there would be such a huge dive in BTC when this tether thing implodes.. sheesh
I sent a private message to you on the Slack regarding this topic. Check it out when you have a moment. Thnx
Another article on the same topic: https://hackernoon.com/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4