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RE: Curious why Bitcoin just did a moon shot? Here's why
Another thing was the banker that’s supplied tether was arrested... also tether printing tons of more fiat tether lol... people got scared and went into bitcoin 🤣
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I hadn't seen that, do you have a link?
Flew under the radar... the money flow to bitcoin, ETH, EOS etc etc all came from tether with hardly any new money coming in. https://www.google.com/amp/s/thenextweb.com/hardfork/2019/10/25/cryptocurrency-payment-processor-crypto-capital-boss-nabbed-after-allegedly-laundering-390m/amp/
That doesn't sound surprising to me. Money in Asia tends to sit in tether (or move to Asia via tether) and then jump in btc when the time is right.
Yeah, I’m waiting for new money coming in, I’m thinking we can see tons of it coming in December to April 😀
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If bitcoin continues to do well into the Holidays perhaps we will see retail return to the party again as well.