If you enjoyed reading it, please take a few seconds to “clap” my article, and subscribe to my Medium page. It has a circulating supply of 57,755,893,177 USDT coins and the max. Peter McCormack has close ties with Tether limited, and has done their bidding for years now. Samson Mow is Blockstream’s CSO and Pixelmatic’s CEO. What is Tether? From April 1, 2020, to April 30, accumulated records from Whale Alert, a platform that tracks large crypto transactions from and to exchanges, revealed that the Tether Treasury printed a total of 1.58 billion USDT worth just shy of $1.59 billion. As BeInCrypto reported … If their newly minted USDT goes from their wallet to known exchange addresses, there is a good chance a market buy will take place. Once they are shut down, a swarm of government regulations will be introduced, which could put an end to the crypto markets we know today, and open a breeding ground of government and bank controlled stable coins, and cryptocurrencies — the opposite of what we want. 1. eth long. Many Tether defenders argue that Tether only prints when theres new demand, although this is not true. Support. March 10, 2020. The US Dollar of Cryptocurrencies, “De-intermediarized”: What the world can learn from Blockchain with Chinese Characteristics, Cryptocurrency’s Value Surges to $45 Billion One Day After Its Debut, Introduction of new government regulations. In this soundcloud audio recording, Bitfinex executive Zane Tackett admits that Tether was 1 of 4 seed investors into Blockstream (and ShapeShift). Tether is a controversial coin that has been talked about amongst the crypto community for years now. The fresh batch of USDT was recorded by Whale Alert (@whale_alert). tether_printer. The injections came directly from a single holder on the Bitfinex exchange, which also happens to be owned by iFinex, the same people who own Tether limited. Tether will also alert you of any firmware updates to ensure the best, most advanced Wi-Fi experience in your network. Tethers sind mit dem Kurs des US Dollar verankert oder “tethered” (auf Deutsch: angebunden an). The amount of USDT flooding the market is at levels never seen before. If the bill is adopted, Tether might face a lawsuit from the U.S. Securities and Exchange Commission, which could be another nail in the coffin. Anfänglich nutzte Tether das Omni Layer des Bitcoin-Netzwerkes als Transport-Protokoll. With multi-million dollar transactions leaving the Tether Treasury’s wallet shortly after the $120 million print, we suggest you keep an eye on the wallet addresses that received Tether and look out for their next moves. I think Tether’s insolvency will result in an immediate crypto-liquidity crisis, and will produce extreme levels of panic and fear amongst investors. tether_printer. The idea was to create a stable cryptocurrency that can be used like digital dollars. After doing research into many of these people, I’ve concluded that they all have deep ties with Tether, and are directly benefiting from the scam, hence why they want it to continue for longer. Each user can clap an article up to 50 times! Following a legal dispute, McCormack has been in a years-long court battle with Craig Wright, known for claims of being Satoshi Nakamoto. Entrepreneur. Find a Location . As Anthony Pompliano once said, “People will ignore, dismiss, ridicule & question ideas that they do not understand.”, I think this tweet perfectly encapsulates the issues surrounding Tether, and the willful ignorance, dismissal, and ridicule towards those exposing the Tether fraud. In addition, Kraken exchange is a large sponsor of Peter McCormack’s podcast, and Kraken happens to be funded by Tether Limited. on. The news was brought to the attention of the masses by Twitter satirist “Not Tether Printer,” who pointed to a host of transactions on the Omni network in which an estimated 300 million tethers were sent: Just printed $300,000,000 USDT!https://t.co/lZVs0adPrg — Not Tether Printer (@tetherprinter) March 20, 2018. New Customer … This here shows the danger of Tether, and why it has lasted so long. After years of claiming they were fully backed, they found themselves cornered, and had to make the timed admission to avoid further prosecution, and prolong their scheme. Enter the Dealer ID and password provided by your printer/copier vendor. He only supports Tether because Tether has invested millions into his company, Blockstream, and Liquid Network. They claim that Tether is fully backed, doesn’t need any audits, and has sufficient reserves. In 2019, The United States District Court sued Bitfinex, Tether, and Poloniex for being involved in a massive price manipulation, and fraud scheme in the crypto markets. Many have falsely accused me, and others of only writing about Tether to spread FUD — I assure you, that isn’t true. This confession here confirms what me and others have been saying about Tether all along. Store, send and receive digital tokens pegged to dollars, euros, and offshore Chinese yuan person-to-person, globally, instantly, and securely for a fraction of the cost of any alternative. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the … Those enriched by the scam are willfully ignorant to it, and refuse to do any real research because it will disrupt the narrative they’ve been told, and are actively shilling. https://static1.squarespace.com/static/50c8e51ce4b052a90587d0c7/t/5242e77ae4b0adb019048133/1380116347074/Stacking+Money_small.jpg, http://omnichest.info/default.aspx?filter=grant, https://etherscan.io/token/0xabdf147870235fcfc34153828c769a70b3fae01f, https://etherscan.io/token/0xabdf147870235fcfc34153828c769a70b3fae01f?a=0x0000000000000000000000000000000000000000. At their peak popularity in the years surrounding World War II, some 25 major manufacturers -- and hundreds of individual builders -- produced tether cars. Tether belongs to a breed of cryptocurrencies called stablecoins that aims to keep cryptocurrency valuations stable, as opposed to the rapid volatility we see in Bitcoin, Ethereum, ChainLink, Bitcoin Cash, Litecoin, and many others. Use the Printed Parts Chooser. Tether Tracks are an excellent solution when workers are exposed to short fall distances. Tether Block Explorer is a simple tool which gets you detailed information about any Tether transaction, address and block. Many verified and “trusted” pro-bitcoin figures have been calling all of these accusations against Tether nothing but FUD. Published. Advanced Shipment Tracking. Press question mark to learn the rest of the keyboard shortcuts. Jib, Monorail, and Tether Track fall protection systems offer advantages over traditional lifelines such as no deflection, less system damage in the event of a fall, and quicker back-in-service time with fewer replacement parts. Tether is down 0.01% in the last 24 hours. He claims that “Tether is 100% backing every USDT”, which has been proven to be false, even by Tether itself. Never miss a movement in the Tether market. Since the investigation would expose their extensive fraudulent frameworks, Bitfinex has rejected these accusations for years, and filed many motions to dismiss the $1.4T investigation. Samson Mow has dozens of tweets defending Tether, and constantly shows his strong support for Paolo Ardoino. Justin Sun is a controversial tech entrepreneur, the founder of the cryptocurrency platform TRON and current CEO of Rainberry, Inc. Tracking. TRACK. This chart I developed displays how Bitcoin grows when Tether mints, and declines when they stop. Use Tether straight out of the box to set up a compatible … Market Cap: $266b. Tether hasn’t had any audits, and refuses to show its reserves, which are hidden in shady offshore bank accounts. This article took lots of time to write. Print Tracker Pro gathers this data, encrypts it using the HTTPS protocol, and saves it in a secure database. While I wouldn’t go as far as saying Pomp has been a hardcore “Tether Defender”, It’s clear that he’s had doubts about it early on, even calling it “the biggest racket/scam ever”. Locations. By tracking Tether’s printing history against movements in Bitcoin’s price, it reveals a suspicious correlation between the two. A study from two reputable scholars found that Bitcoin’s famous rise to $20,000 in 2017 was mainly caused by the injections of Tether. Tether price today is $1.00 with a 24-hour trading volume of $227,400,841,406. Tethers own admissions for misleading investors. With the use of an SRL on a track system, the fall is arrested so quickly … Despite all of the undeniable evidence supporting the fact that Tether is running one of the largest schemes in history, and zero evidence of them doing as they claim, why have these pages decide to blindly defend it? Tether Treasury Issues Another $80M . I could write an entire article on how this man is a con-artist, but thats for another day. A stablecoin is a type of cryptocurrency … Every Tether token is also 1-to-1 pegged to the dollar, so 1 USD₮ Token is always valued by Tether … If everyone reading this clapped it 50 times, we would show up higher on more search engines, and further raise awareness for this major scandal. My goal is to share insight, financial data, market opinions, and help explain rather difficult topics, including Tether. Instead of being “backed 1-to-1 with USD”, they are now “100% backed by our reserves”, which, by the way, are unknown, and not verified by the public. r/Tether Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner. Corresponding to Tether prints, the price rose 50% of the time and fell 37.5% of the time; An average of 65% rise in BTC’s price was recorded; The highest recorded rise was a 108% increase ($3,700 to $6,137) in 41 days (between June 20, 2017, to August 31, 2017). One of the explanations holds that Tether, Inc. coordinates the printing of USDT, triggering appreciation cycles. In short, US regulators are considering new legislation that will define stable-coins as securities. The Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act, seeks to provide protection to unbanked and underbanked communities from fair lending risk and other consumer protection challenges such as disparate impact, predatory lending, and digital redlining. Tether Criticized for Faking BTC Demand. The moment Tether is shut down by authorities, Bitcoin’s price will tumble. Tether’s insolvency will have consequential impacts on the crypto markets in the long term. Contrary to what many think, this is the real reason we’re seeing this rapid price increase above $40,000, not a surge in “institutional demand” which makes up less than 10% of the market. A cheap 3D printed tracking, GoTo and autoguiding mount for DSLR astrophotography. One of Tether’s lawyers also accidentally admitted that they were purchasing Bitcoin with their reserves. It would confirm the majority of the market has been held up on fake money, and the amount of fear we will see would be unlike anything we’ve seen in the past. By minting Tether, they essentially created an artificial surge in demand, which would ultimately attract new (real) money from investors FOMO’ing in. Tether has minted 850 million Tether Tokens since the … After BTC dropped nearly 85% when Tether stopped printing in 2018, he switches his tune, and says ‘Tether news doesn’t matter”, and urged his followers to not read or fall for the Tether “FUD”. USDT price is down -0.4% in the last 24 hours. Tether prints 60 million USDT; all eyes on Bitcoin now. This Twitter Thread by the user Librehash also goes in-depth into Adam’s connections with Tether. Tracking ID. Tether and Bitfinex’s track record gave no credence to claims that tethers were printed to manipulate markets. Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner. Those who are defending it are playing a risky game, and once they are shut down for fraud, price manipulation, money laundering, and tax evasion, those who offered their full support should be questioned. These miniature gas-powered model cars were raced individually while tethered to a central pivot, or against each other on a scaled-down track. According to @TetherPrinter, a Twitter account that dedicates itself to tracking the amount of tether grants issued on the Omni blockchain, $400 million USD worth of new Tethers have been issued in just the last 4 days. 1 year ago. #USDT (79,935,884 USD Setting up Your Network with Tether . Tether tracks do not take the large end loads to support structure in the event of a fall. Why would they intentionally produce millions of likely useless documents that would take years to read? Tether Prints 480 Million USDT In 5 Days Records from Whale Alert suggest that the Tether Treasury has printed five batches of fresh tokens in the last five days, totaling 480 million USDT ($480.4 million), which was the same amount with what was minted within the first 14 days of the previous month. Upload a Print-Ready File. Staying Safe With Gorbel. Enter any email addresses you want to receive reports at. Throwback to when Kraken wrote a lengthy blog post defending Tether after Bloomberg wrote an article alleging Bitcoin market manipulation. Store, send and receive digital tokens pegged to dollars, euros, and offshore Chinese yuan person-to-person, globally, instantly, and securely for … Like this Project? Investors are finally wanting answers to the lies Tether has spread. you can see same bottom pattern, I think it will touch top of the box soon but if btc drop, this pattern … Namrata Shukla. He has been a long-time defender of Tether, and has dozens of tweets expressing how it’s nothing but FUD, and everyone should ignore it. Over the years, speculation regarding Tether’s legitimacy has grown. To no surprise, Tether has strongly connected itself with Justin Sun through massive strategic partnerships with TRON. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. Drop Off a Package. ETHUSD, 30. When Tether was first created, they claimed to be backed 1:1 with the US Dollar, but to date, there is not a single shred of evidence that supports their claims. This could be because it was a boom cycle for Bitcoin, something which might have caused the prices to rise … Tether Stablecoin Guide: How USDT Crypto Token Works Tether (USDT) stablecoin is one of the cryptocurrency market's biggest controversial topics in the bitcoin community. He works alongside Adam Black, and has many of the same connections to Tether, which explains his constant defence for them. Links. How it works Starts by selecting the security "CRYPTOCAP:USDT" with, period, close, The script will then call on each exchange listed to get the usdt_supply from each exchange. Tether’s lawyer signed an affidavit, and admitted that Tether wasn’t in fact backed 1:1 with the dollar, but rather only has reserves to back 74% of its ‘stablecoin’ issue. A common counter-argument I hear for this is: “If Tether is proven fraudulent, anyone owning USDT will just buy Bitcoin, and BTC will moon!”. It has a circulating supply of 58 Billion USDT coins and a max supply of 57.9 Billion. ALL TRACKING SERVICES. A large influx of new stablecoins onto the market is often seen as a bullish sign since stablecoins are one of the easiest ways to on-ramp from … All Location Types. The money won’t just flow to other stable coins, but rather destabilize the entire market. Long. Seeing how dependant top exchanges are on USDT, It also highlights how much of the market is dependant on fake volume, and fake demand. While I won’t comment on Craig Wright’s legitimacy, or lack thereof, I think It’s odd that a stable coin issuer has decided to fund McCormack, and assist him with a lawsuit. Contrary to what many think, this is the real reason we’re seeing this … In 2020–2021, Tether has printed more fake dollars than ever before. The podcast episode avoided any questions pertaining to Tether’s audits, and controversies, but rather was a “marketing’ opportunity to help calm the heightened speculation going around. Data shows that almost 75% of all volume on Bitfinex (Tether’s subsidiary) is from USDT. Sharing advanced Charts, Research, Insights, and Data for Bitcoin, and Stocks. Ignorance shouldn’t be rewarded, and I urge those people to NOT listen to me. Design & Print. Any other ideas? Press J to jump to the feed. Tether’s Paolo Ardoino confirmed they had produced over 2.5 million document pages to NYAG, which is known as a “Document Dump” in law terminology. This chart I developed displays how Bitcoin grows when Tether mints, and declines when they stop. It’s commonly used by fraudsters looking to prolong their scheme by producing an unreasonably high amount of pages, that would take investigators too long to read. btc dominance: 62.39%. The crypto community is still split on the explanation for this correlation. Learn more By. Author. There are many situations that require employees to work within 4’ to 16’ from a lower level. Tether Ltd printed a total of USDT 300 million Wednesday and this brought the total coins created to 540 million in the last three days alone. Tether makes up an overwhelmingly large amount of volume on many top exchanges, including Bitfinex, Binance, Poloniex, and Bittrex. Tether cars provided big racing thrills in a smaller size. In 2020–2021, Tether has printed more fake dollars than ever before. Tether has many popular crypto influencers and media sites in its back pocket. Peter McCormack is the host of the ‘What Bitcoin Did’ podcast, and has been a long-time Bitcoin supporter, and self proclaimed journalist. This creates a parabolic effect, and eventually results in a market bubble. Traditionally cable horizontal lifeline systems have been utilized in these situations, but due to cable deflection and shock absorber elongation the worker is able … 24H Vol: $136b. Adam Back is a British cryptographer and cypherpunk. Finance Major. Tether Prints 50 Million USDT. Full credits to him. Mittlerweile ist Tether als ERC20-Token auf Ethereum verfügbar. With this move, Tether now has a $2.4 billion market cap, which has brought it to become the 9th … Custom Design Templates. Btc will poke ema line once as the yellow circle soon but I do not short because for a few days, some guy eatin' lots of Btc from 6230, so he won't let Btc down I guess xD I'm just waiting for long entry :) 2. If the crypto community isn’t sufficiently preparing themselves for Tether’s insolvency, we could see a doomsday like event in the markets. TP-Link Cloud Compatibility. Software Reddit Guides Wiki OpenAstroGuider Autoguiding Addon Community-made Addons I'll add things to this Collection, if you made something, send me a message. Follow the on-screen instructions from the setup wizard and launch Print Tracker. No one can predict the future, but we can make calculated assumptions based on the data we have. I know this article will be swarmed with hate by people who were too lazy to read it in full, and brush it off as FUD, and that’s alright. TP-Link Cloud Compatibility. Master The Crypto put together a three-part guide for you to review to better understand Tether, how Stablecoins work and the Bitfinex association/price manipulation drama. By tracking Tether’s printing history against movements in Bitcoin’s price, it reveals a suspicious correlation between the two. Have you ever wondered why Adam Black is so defensive for Tether? ALL PRODUCTS & SERVICES. Browse Services. As we can see, the majority of Bitcoin is purchased with Tether. Every Tether token is always 100% backed by our reserves, which include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by Tether to third parties, which may include affiliated entities (collectively, “reserves”). After all, Tether has nothing to do with his company, Blockstream, right? When Tether is proven fraudulent, it doesn’t just confirm Tether’s price is not worth 1 USD, but confirms that Bitcoin isn’t worth $40,000+ or whatever the latest price may be. There’s dozens of other pages, and journalists that have also shared misinformation about Tether, and supported it. This scheme goes well-beyond the depths many think which is why I’ve spent countless weeks researching, and sharing important information about the case with others. The New York Attorney General (NYAG) called for the handover of loan documents relating to an $850 million cover-up to be completed on January 15th, 2021. Tether is now on track to soon hit $8 billion in total USDT with its latest issuances. Tether will also alert you of any firmware updates to ensure the best, most advanced Wi-Fi experience in your network. If that wasn’t the case, he wouldn’t be defending them at all. supply is not available. However, critics of the unaudited stablecoin are only getting louder. The big question is, what happens when Tether is gone? Track COVID-19 local and global coronavirus cases with active, recoveries and death rate on the map, with daily news and video. Tether has strong ties to Adam Black, and Blockstream. He is also the CEO of Blockstream, which he co-founded in 2014. Manage Your Delivery. I won’t mention each and every one of them, but the majority have some type of connections to Tether, and are helping them continue their fraud. Despite not having any counter arguments, he continues to gaslight anyone that talks about Tether in a negative way. The Tether Treasury has again come under intense criticism after issuing yet another 80 million USDT. Check the box at the bottom to confirm that you agree to receive print reports. On Saturday morning, the Tether organization issued $50 million new USDT tokens amidst a bearish market. Setting up Your Network with Tether . “Facts do not cease to exist because they are ignored.” — Aldous Huxley. https://twitter.com/eurtprinter, I suppose you can watch the omni blockchain, Also here: https://static1.squarespace.com/static/50c8e51ce4b052a90587d0c7/t/5242e77ae4b0adb019048133/1380116347074/Stacking+Money_small.jpg. Tether is a stablecoin pegged to the US Dollar. My Images Community Images. Tether Market Cap Indicator Keep track of tether movements cross exchange & total market cap in real-time. In recent news, Members of the US Congress announced the proposal of a new consumer protection bill to increase the oversight and regulation of existing stablecoin issuers, and stablecoin-related service providers. If the USDT … Tether Track. This increase in rumours that Tether isn’t fully backed has put a dent in Tether’s reputation, so they decided to take immediate action. I you … I love that they give the location as the British Virgin Islands, Monitoring USDT is pretty easy via Omni explorer: http://omnichest.info/default.aspx?filter=grant, For EURT, best way I've found so far is to use Etherscan: https://etherscan.io/token/0xabdf147870235fcfc34153828c769a70b3fae01f, It's not as clean as Omni in that I have yet to find a way to filter for only token grants, but if I'm not mistaken, the tokens are "printed" from the 0x000...0 address which can be found here: https://etherscan.io/token/0xabdf147870235fcfc34153828c769a70b3fae01f?a=0x0000000000000000000000000000000000000000, New comments cannot be posted and votes cannot be cast. A simple glance at their market-cap and printing history would show how baseless these claim are, especially considering they’ve gone multiple months without printing any Tether, (which according to their logic, would mean zero demand for Bitcoin). The current CoinMarketCap ranking is #6, with a live market cap of $57,755,098,565 USD. May 14, 2021 Login; Sign Up. Following my last Tether thread, I received lots of criticism. Why we are only at the beginning of the revolution of money, Why Bitcoin? Bitfinex is the current most active market trading it. If you need to reboot, update, or reconfigure your home router while at the office or on vacation, TP-Link Cloud Service makes it easy. Is there a way to see tether wallets so I will know how much they print and release? This admission from Tether itself should’ve been a red flag to all investors, as they were misled for years. Get Coupons & Deals. This action from Tether makes them even more suspicious. Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. It’s corrupt, and sketchy past has been a concern for many thinkers, while others deny any wrongdoings, and brush it off as FUD. Peter McCormack has been supporting Tether for years now, and has recently interviewed Bitfinex + Tether CTO Paolo Ardoino on his podcast.
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