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This also caused the price of bitcoin to go up https://www.forbes.com/sites/billybambrough/2018/10/15/bitcoin-has-leapt-sharply-higher-heres-why/amp/ https://ww

• nosuchthing 8y ago
  That’s not the true USD exchange rate, the “price” goes up on exchanges with USDT (tether) meanwhile any exchange with access to actual normal USD banking withdrawals have an abnormally lower spot price. If this activity persists, it would indicate the devaluation of tether which accounts for the vast majority of trade volume across the major exchanges. Also note, the article you linked to is not Forbes but just a random blogger using the public Forbes blogging api.
• beerlord 8y ago
  So you're saying - this is good for Bitcoin?