4 ms·
Pretty much this. How could one whale pump so much money into the market? It was a societal thing more so than an individual person. People were speculating li
by tedk-42 7y ago
Pretty much this. How could one whale pump so much money into the market?
It was a societal thing more so than an individual person. People were speculating like crazy to the point where you had grandmas giving investment advice on this new thing called 'bitcoin' for their grandkids to get rich from.
Tether's in the spotlight right now and journos will have a nice round of clickbait articles to keep the interest going. Reason will prevail!
- dwd 7y agoIt's the same as attributing the Sterling crash in '92 just to Soros. He had a large position and enough to move the market but he wasn't the only player, and probably small in comparison to all the retail investors who would have lost out late in the sell off panic.
- jrochkind1 7y ago> How could one whale pump so much money into the market? Well, the allegation is, because they were printing it.