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What a ridiculous Twitter thread showing absolutely no causality between Tether and Bitcoin. You might as well show that SpaceX rocket launches coincide with a
by Speednet 6y ago
What a ridiculous Twitter thread showing absolutely no causality between Tether and Bitcoin. You might as well show that SpaceX rocket launches coincide with a rise in Bitcoin prices.
There was a successful SpaceX launch yesterday, and Bitcoin went over $40,000 for the first time. In 2020, SpaceX had its best year ever for successful launches and returns of the first stage, perfectly coinciding with Bitcoin's meteoric rise in value. So Bitcoin must be tied to successful SpaceX launches.
- SNetForLife13 6y agoUpvote this gentleman for being the final trinity-piece in this mystery! HN-user Speednet is 1/3 rd of bitcoin's success!
- Speednet 6y agoI can see I've been downvoted. I must have made a mistake. Bitcoin prices are actually tied to Elon Musk's rising wealth, not SpaceX launches.