No. of Recommendations: 1
https://seekingalpha.com/article/4129543-bitcoin-one-way-go-...
http://www.ofnumbers.com/2017/11/09/a-note-from-bob-on-the-t...

The first article has a link to the second.

This is a claim that the run-up in Bitcoin correlates strongly with large Bitcoin purchases using a cryptocurrency called Tether. Tether isn't mined - it's issued by the company that created it, and it's supposed to be backed by $1 US for every Tether unit in circulation. The claim in the article is that it's not backed by anything, and that the company issuing Tether is avoiding being audited.
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