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Why would they even need to stop it? They are already suing Tether and it will drop afterwards, because manipulation stopped. History has already shown that du
by NicoJuicy 6y ago
Why would they even need to stop it? They are already suing Tether and it will drop afterwards, because manipulation stopped.
History has already shown that during normal days, the value of BTC drops ( 20 k -> 4 k.). So it's definitely not a store of value or a replacement for gold.
I'm not really sure why Musk is promoting it though. Does he hate regulations this much ( = subjective) or does he really have some good opinions about it ? His tweets about it doesn't seem to prove anything except memes.
- jqpabc123 6y agoI'm not really sure why Musk is promoting it though. Profit. Look up "pump and dump".
- NicoJuicy 6y agoHe's practically the richest guy in the world. Big percentual risk for such a public figure
- jqpabc123 6y agoYou mean kinda like smoking pot on camera? And risk? What risk? With crypto, there is no risk because the market is "unregulated". There are dozens (probably hundreds, maybe thousands) of "pump and dump" crypto scams operating openly on the internet. Here is one. https://bigpumpsignal.net/ https://bigpumpsignal.net/ https://t.me/bigpumpsignal https://t.me/bigpumpsignal