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Author Topic: More money in crypto, More bull  (Read 4237 times)

Offline Davitsvan

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Re: More money in crypto, More bull
« Reply #15 on: May 10, 2020, 10:21:04 PM »
You are not quite right, a lot of USDT was printed and this contributed to the growth, but today the market has collapsed by almost $ 2000, and where did all these USDT go? The growth that was, it was artificial, we need new people in the market to make the growth real
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Re: More money in crypto, More bull
« Reply #15 on: May 10, 2020, 10:21:04 PM »

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Re: More money in crypto, More bull
« Reply #16 on: May 11, 2020, 09:53:06 AM »
Yes. It has long been known that as soon as a new batch of Tether appears, there are strong movements on bitcoin. I think this time they printed Tether to raise the price of bitcoin. This is very bad and first of all bad for all Tether holders because I believe this stablecoin is not reliable. It is also bad for bitcoin because it shows that there are no real buyers and there are manipulators that inflate the price

Offline Bobcrypto

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Re: More money in crypto, More bull
« Reply #17 on: May 11, 2020, 11:19:49 AM »
i just observed some thing recently in the crypto trading market. the more a stable coin is been printed, there is a possibility of bitcoin price rising.  recently, usdt treasury department printed over 2million usdt in tron network. recently, bitcoin moved into 9k zone from 8 and heading to 10k before halving.

Friend, the printing of usdt coin has nothing to do with current Bitcoin pump, rather it os basically due to the much anticipated Bitcoin halving event taking place this week.
The printing of new coin as you stated is just a part of USDT developmental plans, and may not have any effect on the price of Bitcoin or any other coin in the crypto market.

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Offline Alter

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Re: More money in crypto, More bull
« Reply #18 on: May 11, 2020, 11:30:08 PM »
the more a stable coin is been printed, there is a possibility of bitcoin price rising.
Can you explain in detail the correlation between stable coin and Bitcoin? I don't think Bitcoin is affected by other coins, it is not altcoins that are affected by Bitcoin value. Bitcoin is like the main coin in crypto space, I think it cannot be influenced by other coins but it influences others.
« Last Edit: May 12, 2020, 04:10:37 AM by Alter »
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Online UNIVERSE

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Re: More money in crypto, More bull
« Reply #19 on: May 11, 2020, 11:46:46 PM »
If many more people use their money to buy more and more coins especially BTC in the market, well yeah it may be bull easier than we think. However, will they do? Of course not. There will be a balanced situation where there will be sellers and buyers that need funds to recover their modal. In this case, just not to be panic sell at a very dropped price, it can help the market.

Offline debra

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Re: More money in crypto, More bull
« Reply #20 on: May 11, 2020, 11:50:09 PM »
If there is a bullish, then investors can get money by selling their assets. I think most of the money in crypto comes from whales. They take advantage of the bullish or pump-dump. The big bullish just happened several days ago, now it is the correction time. I think there will be rising again in the next week. But who knows!
« Last Edit: May 12, 2020, 06:39:47 AM by debra »
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Offline ShadowCrypto

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Re: More money in crypto, More bull
« Reply #21 on: May 12, 2020, 06:28:28 AM »
Let’s say people jump ship, difficulty will drop. Difficulty continues downward until it levels out for the players still in the game. Now blocks are easier to mine for the equipment they have and they become profitable. People start to fire the old equipment up because it’s profitable again, hashrate goes up, cycle starts all over again. It’s a self regulating system.

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Re: More money in crypto, More bull
« Reply #21 on: May 12, 2020, 06:28:28 AM »


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Re: More money in crypto, More bull
« Reply #22 on: May 12, 2020, 10:12:05 AM »
Useless to print and print money because it couldn't affect the entire market. Only bitcoin can initialized bullrun which domino effect will happen. That's why market still on progress to increase due to bitcoin decrease.

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Re: More money in crypto, More bull
« Reply #23 on: May 14, 2020, 11:11:39 AM »
If many more people use their money to buy more and more coins especially BTC in the market, well yeah it may be bull easier than we think. However, will they do? Of course not. There will be a balanced situation where there will be sellers and buyers that need funds to recover their modal. In this case, just not to be panic sell at a very dropped price, it can help the market.
Investors are reluctant to invest in cryptocurrencies. For large investors, cryptocurrency is still a risky tool. They understand that cryptocurrencies are not used anywhere and are still not legalized, so they are in no hurry to invest in them. The pump of bitcoin is made exclusively on the fact that new USDT coins are printed and not at the expense of infusion of money by big investors

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Re: More money in crypto, More bull
« Reply #24 on: May 20, 2020, 02:00:47 PM »
stables are a kind of indicator of the popularity of the cryptocurrency market. There is a need to save money during different trends.
I admit honestly, when the quarantine just struck, I transferred half of the funds from btc to the usdt. Now I’m considering the possibility of transferring part of the usdt to another stable - eurg. it has a  a bank card, this solve the extra problems with transfer and commissions

 

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