2 upvotes, 1 direct replies (showing 1)
View submission: Bitfinex never ‘repaid’ their tokens, Bitfinex started a ponzi scheme.
Yep, pretty much. The price on the exchange is some real dollars + a whole bunch of made up tether dollars.
Comment by sietemeles at 30/10/2017 at 07:15 UTC
2 upvotes, 0 direct replies
IF that is the case you would start to see, if not already, a disconnect from the exchange price compared to the face to fce for cash price as might be seen on local bitcoins. I have not looked at local bitcoins recently so some research will be done.
If we can see local bitcoins price consistently above/below exchange price this would seem to confirm the exchange price is artificial.