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RE: Bitcoin - We have seen this pattern before...

in #bitcoin5 years ago

Yes, there were tons of rumors that tether manipulation was what caused the big bitcoin run in late 2017. However, no one has really been able to prove anything. Despite numerous investigations by numerous regulators etc.

Their "proof" seems to be that every time bitcoin dipped, tethers were sold for bitcoin in order to support the price. However, that sounds like normal market activity to me by investors/traders simply buying the dip.

I don't count tether as a major concern for bitcoin at this point any longer.

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Ok, nice to hear more about it I havent been online so much since spring. Just the government manipulation now then hahahha :)

I don't know that I would call it manipulation per say, but they are moving the markets around right now for sure.

We got em scared shitless! Lets try finanicial anarchy for a change, I am all in!

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Anything with the word "anarchy" in it probably won't work for long... at least according to history.

I dont think mankind has ever been so desperate for it though up until recent 😂 for people to be able to stay free from contracts, registery and debt, we need bitcoin. The sheep wont buy even a .01 and will surely be doomed to survIving on UBI involving mandatory chip implants and I would be damed if after so long off grid, that I will ever go back and become a citizen again!

I know also that history repeats itself, and I think that the masses are so manipulated that the powers that be can and will cause the problem, then offer the solution to become the saviours, as is in history 😂

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