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Tether issuances can't be used to prop up the cost of bitcoin or another coin/token on Bitfinex."[211] Ponzi scheme and pyramid scheme issues

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Bitcoin price ranges were negatively influenced by several hacks or thefts from cryptocurrency exchanges, together with thefts from top article Coincheck in January 2018, Coinrail and Bithumb in June, and Bancor in July. For the 1st 6 months of 2018, $761 million well worth of cryptocurrencies was reported stolen from exchanges.

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