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> its clear orderbook spoofing so when everyone wakes up, it's happy about the price again sorry, you have to provide a tad more solid evidence for claims like
by keymone 6y ago
> its clear orderbook spoofing so when everyone wakes up, it's happy about the price again
sorry, you have to provide a tad more solid evidence for claims like this. when sentiment changes, exactly 0 volume is required for that to reflect on the price. buyers/sellers at price X just go away and proceed trading at price Y.
> tether it's printing the same 150million 3 or 4 times per week
that's about $25-30 billion per year while entire tether's market cap after operating for 5 years is at $19 billion. obviously you're wrong and need to crunch the numbers some more.
- raziel2701 6y agoHe's right about tether printing those amounts in recent times. Tether started printing heavily after the March crash, particularly in August there's been a significant uptick that you can see here in the blue curve: https://coinmarketcap.com/currencies/tether/ https://coinmarketcap.com/currencies/tether/
- keymone 6y agoOk, so there’s correlation between tether market cap and cryptocurrencies market cap. But that’s expected. How do you demonstrate causality?