4 ms·
Post-script: Is this good news for Bitcoin? ... That is some backward logic there. If there was 600 mio. USD of fake money used to trade bitcoin, it would hav
by chvid 9y ago
Post-script: Is this good news for Bitcoin? ...
That is some backward logic there.
If there was 600 mio. USD of fake money used to trade bitcoin, it would have driven the price of bitcoin up (and the price of USD down).
Now we get that thing in reverse.
- mechanikalk 9y agoThere is 600 M USD that has been taken out of Bitcoin into USDT, which given the current situation will now try and convert back to Bitcoin driving the price up.