Monday, July 29, 2019

what if its all a farce, going to crumble in the near future?

hey, iam a so called bitcoin maximalist (i think) but with doubts.

my doubts revolve around the "fact"(?) that 90+% of all transactions are created by bots and that tether maybe just printing the shit out of it and pumping the price without backing every tether with one USD.

what if this comes out and what if, somehow, exchanges will forbit bot trading (lets just imagine this will be somehow possible). then the daily transaction volume shrinks by 90% and everyone sees how tiny and insignificant bitcoin or the crypto market is. that event + the tether is just a scam event are somehow my greatest fears.

what do you guys think about it?


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