Plaintiffs accuse Tether and Bitfinex of using USDT to manipulate crypto prices

[Vision pro]

Your comparison is absolutely correct.  Just as nothing changes when one tries to hit the sky with a hammer, some complaints or actions do not really have much effect.  It can often be a PR stunt or an attempt to attract public attention, where the main goal is to generate discussion rather than effective change. Such actions usually do not solve real problems or bring about significant change.  This may be essentially a demonstrative move, where virtually nothing is achieved.  Your approach clearly highlights the limitations of such efforts.

This is essentially like a knight's move when you need to pump or dump the entire market, some one piece of news now has practically no effect on the market, but news like this and a series of them can strongly influence the market and bring the rate down to the desired values, everyone is corrupt and everyone can be bought, and when we talk about market manipulation, all methods are good.

From reading your post it is clear from your intelligence what you have tried to convey, especially in terms of market movements and manipulation.  In many cases, including the cryptocurrency market, one piece of news may not move the market at times, but a series of them can have a powerful effect on the market.  Even important players in the market can be affected by these news, which affects price fluctuations.  In this way, we are constantly connected with the market and work in harmony with the market.

[Wiseman]

Your comparison is absolutely correct.  Just as nothing changes when one tries to hit the sky with a hammer, some complaints or actions do not really have much effect.  It can often be a PR stunt or an attempt to attract public attention, where the main goal is to generate discussion rather than effective change. Such actions usually do not solve real problems or bring about significant change.  This may be essentially a demonstrative move, where virtually nothing is achieved.  Your approach clearly highlights the limitations of such efforts.

This is essentially like a knight's move when you need to pump or dump the entire market, some one piece of news now has practically no effect on the market, but news like this and a series of them can strongly influence the market and bring the rate down to the desired values, everyone is corrupt and everyone can be bought, and when we talk about market manipulation, all methods are good.

From reading your post it is clear from your intelligence what you have tried to convey, especially in terms of market movements and manipulation.  In many cases, including the cryptocurrency market, one piece of news may not move the market at times, but a series of them can have a powerful effect on the market.  Even important players in the market can be affected by these news, which affects price fluctuations.  In this way, we are constantly connected with the market and work in harmony with the market.

If we understand each other correctly, then in my understanding (important players) are those who invest hundreds of minions of their money in cryptocurrency, they are the ones who move the market, they are the ones who come up with and pay for this news when it needs to be done, at the moment everyone is waiting for the alt season, literally in a few months, and it is at this moment that (important players) go to work and begin to move the market with news, since people are already ready for what needs to be bought and they need to be encouraged even more and forced to do it.

[MrSpasybo]

Since they can't prove that the token printing is not 1:1 of the assets they have (treasury bonds, cash, assets, Bitcoin), what guarantees the price is the confidence that Tether will meet its obligations and that the price will always remain near $1, but if the peg is broken, even if it is due to the loss of stability in liquidity through traditional banks as happened with Circle and this continues for several days, the result will be a collapse. Panic can lead to anything bad in the economy.

Tether has improved its proof of reserves and I now think we can trust their reports. Additionally, Tether has invested in various other areas like BTC mining, BTC reserves, and gold... Tether's total asset value is greater than the total value of USDT on the market, so we can rest assured about USDT peg.

Risks always exist in this market but we should look at it positively to survive and continue investing instead of constantly worrying. Stablecoins have become an indispensable part of the crypto market and they provide extremely good liquidity for crypto assets, we cannot eliminate or refuse to use stablecoins ^^

• Tether: Transparency

[B.Trader]

I have nothing against Tether and Bitfinex, but you have to question the timing of this so called alleged allegations against them. I mean yeah they could have been doing this for years.

But when we are about to make a break out run to let's say $68,000-$70,000 (assuming there is no Mt. Gox repayment in the background), you just have to think of this as somewhat more of a FUD, IMHO.

And usually if there is such FUD, the market might make a big move.

Your perspective on the timing of allegations against Tether and Bitfinex is valid and reflects a common sentiment in the crypto community. It’s true that regulatory scrutiny or negative news tends to surface at critical moments, especially when the market is showing signs of strength or preparing for a significant move.