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      "permlink": "re-maclovin-re-blockchainspoon-bitcoin-hovering-around-usd10k-whats-next-20180130t214444738z",
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      "body": "I think it's the 'competition' that's the key. Bitcoin has some things going gong against it like it's slow transaction speed and high cost. I believe the crypto market as a whole will continue to grow with Bitcoins share of the market decreasing. Interested to see if your prediction of $4k bitcoin come to fruition. We will keep an eye out. Thanks for stopping by and taking the time to comment.",
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      "permlink": "why-is-tether-showing-growth-up-since-the-last-24hours-bad-press-maybe-bloomberg-was-first-to-publish-this-mainstream-today",
      "title": "Why is tether showing growth/up since the last 24hours?? Bad press maybe, Bloomberg was first to publish this mainstream today???",
      "body": "![](https://steemitimages.com/DQmWmGmLKKLEuBggjcPHk7HHy2p2k6nxLjLGEiFUcuRTsjh/image.png)\n\nRegardless of whether tether is a scam or not its still showing signs of growth considering almost every other crypto is down almost 10% since the last 24 hours??? Rationally this does not make sense to me unless I am missing something very big here like bad press?? \n\nI found this article from Zhao Dong that suggest Bloomberg and the tether issue are all speculation?? I quote hes comment below:\n\n“Lao Mao (and I) just have a look at the USD account of Tether and Bitfinex in Giancarlo’s(Boss of BFX,CFO) room, in which Tether’s account holds 1.8x billion USD and Bitfinex holds 1.1x billion USD. The total number of the two accounts is around 3 billion USD, which is beyond the current circulated supply of USDT. This debunks all rumors around USDT. ”\n\nLink to the article below folks...\nhttp://news.8btc.com/zhaodong-bitfinex-and-tether-hold-3-billion-usd-usdt-soon-listed-on-bigone\n\nLet me know your thoughts on bad press and the tether issue...",
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      "body": "Yeah, Crypto isn't even close to established - volatility is just the nature of it right now, and will be for awhile.",
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      "permlink": "re-blockchainspoon-bitcoin-hovering-around-usd10k-whats-next-20180130t203208071z",
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      "body": "Recon we are in a bear pennant, my guess is it will drop to $4k within the next 6 months, + the market is just more saturated meaning investors have more choise to invest their cash. Competition might not be a good thing for Bitcoin???\n![](https://steemitimages.com/DQmPbP48oH6pfMJDGpWSAfbvHhvkni7xYQNBewiaueZ3KvX/image.png)",
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      "body": "Recon we are in a bear pennant, my guess is it will drop to $4k within the next 6 months, + the market is just more saturated meaning investors have more choise to invest their cash. Competition might not be a good thing for Bitcoin???\n![](https://steemitimages.com/DQmPbP48oH6pfMJDGpWSAfbvHhvkni7xYQNBewiaueZ3KvX/image.png)",
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      "title": "",
      "body": "Amazing how fear can change situations and let the market depreciate, personally what I have learned since Jan18 is how vulnerable/sensitive the crypto market is.. It surely must be the most volatile market at the moment, the well skilled will make good money out of these fluctuations",
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      "body": "@@ -179,16 +179,18 @@\n Crypto. \n+%0A%0A\n Regulati\n@@ -225,16 +225,21 @@\n is just \n+more \n bad pres\n@@ -239,9 +239,53 @@\n ad press\n+ to push for potentially harsher regulations\n .\n",
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      "title": "",
      "body": "No. Crypto doesn't need the Government to manipulate it, the people behind Tether & Bitconnect have already proved that they will fall on their own sword, and cost *everyone* in Crypto. Regulation was inevitably, but this is just bad press.",
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      "title": "",
      "body": "@@ -218,20 +218,21 @@\n ing \n-why w\n+th\n e need \n+for \n regu\n",
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      "body": "could be the second mount gox, when human greed comes into factor anything is possible. I cant help but feel that some government is planning this to happen or create a scenario for the crypto's to burst, thus justifying why we need regulation????",
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      "permlink": "re-maclovin-tether-time-bomb-just-got-lit-start-of-crypto-bubble-20180130t200804548z",
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      "body": "This could easily be a major set back for Crypto for quite a few months.",
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      "permlink": "tether-time-bomb-just-got-lit-start-of-crypto-bubble",
      "title": "Tether time bomb just got lit.. Start of crypto bubble???",
      "body": "![tether time bomb.JPG](https://steemitimages.com/DQmVSKEFuidCTqNTufPp1jzTidkFAa3mMBnkF3a4n1bGPC5/tether%20time%20bomb.JPG)\n\nUS investigators are looking into the $2.5b market cap of Tether and Bitfinex, as you all know Tether is backed by the US dollar so the ratio is supposed to be 1:1 (1Tether coin = 1 USD) meaning that since Tether joined the crypto market it has managed to print $2.5b USD. Where did this money come from, there are no official government sources confirming that one Tether token is backed by one US dollar. \n\nA document on Tether’s website, compiled by accounting firm Friedman LLP, shows it had $443 million and 1,590 euros ($1,970) in bank accounts as of Sept. 15. Tether tokens were valued at $420 million that day, according to Coinmarketcap.com. Tether hasn’t identified the banks where that money was held, and their names were blacked out in the document. \n\nFriedman said in its report that it didn’t investigate the reliability of Tether’s records. The accounting firm and Tether have recently cut ties, Tether said in a separate statement Monday.\n\n“Given the excruciatingly detailed procedures Friedman was undertaking for the relatively simple balance sheet of Tether, it became clear that an audit would be unattainable in a reasonable timeframe,” Tether said. This means folks that Tether has abandoned its audit this week which in the normal business world raises some serious red flags and possible corruption/money laundering..... \n\nBitfinex\nIf there is something shady going on my guess it has something to do with Bitfinex and Tether. They're tied to the same people and to the Panama Papers - Also the CEO of Tether is also the CEO of Bitfinex however he does not state this in his linkedin profile, Jan Ludovicus van der Velde... ?? \n\nDuring the last 24 hours Bitfinex has traded more than $1.5billion in trades of which $584m 36% of total trades relate to Bitcoin. \n\n![](https://steemitimages.com/DQmeuKg2RcHN7cEhKv9uBSBwRBAyjyqnoTVSZUuH426X7QF/image.png)\n\nWhat is more worrying is how Tether is only down 0.12% (24hours) i suspect this might drop much more considering the news but something is very odd and highlights the large amount of fraud within the crypto world as I am confident there are bigger forces/syndicated groups at play. \n\n![](https://steemitimages.com/DQmXM2PYUGyrme3P37WBUqiZxaui5dzhwBtZUMvyKMM8oRo/image.png)\n\nSummary\nThis sounds fishy, smells fishy and probably is fishy/scam... Eishhhh!!! this is one big cookie to crumble and the size will bring serious issues within the crypto market making the possibility of government regulation more likely. Now whos is really behind the tether time bomb is another question, some people think tether was created deliberately by the US government to make a case study of why its important to regulate the crypto markets + its gives the added benefit to bring the price of overinflated crypto's like Bitcoin and Bitcoin Cash down to more manageable investment levels for larger institutional investors, not to mention all the other altcoins.",
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