/biz/ - Business & Finance

Once and for all, I will explain you little sheep noobs why tether MAY be totally fine and legal:

1. Tether has a cap of 2 billion USD. Which means, it has to be backed by 2 billion USD.
Which basically means, they have to have a plus of 2 billion USD. You think this is unlikely? You are wrong. Just ask around your crypto friends how much they really deposited. Finex is the #1 go to adress for FIAT deposits in EU. Finex might even have a USD reserve of 5 billion USD and just hold the Tether back to not shoot up the market (and make it burst faster - will happen, no matter what).

2. Finex has a daily income of SEVERAL millions due to fees. They might as well just use some of their millions to "buy" their own tether.

3. Finex is earning isnane amount of money for listings: Upfront deposits of certain coin + Fee in USD

4. Market is currently heavily manipulated by American institutions / banks, trying to crash BTC in order to accumulate very cheap and just pump the price afterwards, attracting billions of fresh dollars around the world (muh bitcoin gainz on cnbc hehe)

5. They block US customers for a very simple reason: America is the #1 fraud when it comes to financial products (actually politics in general, but its another topic). They control global finances by forcing USD as THE currency, they create and pump every bubble, they are controlled by lobbies (wallstreet/banks in this case) and they will fuck you sideways if you stand in their path of destruction. Finex is trying to minimize the risk of getting buttfucked by the World-"Police" (hEhe).

6. Banks/Wallstreet short everything they can on a global scale to gain profit. It often results in food crisis and deaths in very poor countries. Now we have a unregulated global market, open 24/7. You add 1+1 and make your own result ;]

tl;dr

tether is probably legit, wait for bank's attack to stop and enjoy your moon mission

There is no cashout, there is no dip due to "FUD/news", there is no crash, there is no correction.

Its 100% market manipulation. It used to be once a month, then once a week, now its every second day.
I am not even sure anymore if its whales. Might be banks/wallstreet all ready.

They want to accumulate.

Best advice I can give you now:

Buy now if u have fiat left, dont sell (unless you completely want to exit the market) and have patience.

Nobody knows how long its gonna take, but the market will skyrocket again (probably around 2 weeks).

How you faggots dont understand basic economy is beyond me.
Let me explain you something so you stop losing your money u faggots:

Formula is

Prize per 1 Coin X Circlating Supply = Market Cap

Take ripple for example.
~39% of existing ripple is circulating. Which means, 61% is still being held back by devs/investors/banks(?)/etc.

They will slowly dump their coins into the market, trying to maintain a certain prize, to maximize the profit. Huge inflation is the result.
Supply increases, Demand sinks.
Best case, prize stays the same.
Worst (and more likely) case, prize drops.


Stay away from coins with big difference in Circulating vs Total supply if u want a Lambo.

Also;

anonymous coins like verge/xmr are not the future. You have to cashout/buy something at some point = u are not anonymous.

Invest into projects that focus on payment.

now go invest 50/25/25 into ETH/REQ/PayFair(next 1000x btw) and thank me in 6 months.

faggots.

Like I stated in an earlier post, I am down about 50% doing swing//daytrading.

Holding

REQ/XVG/PRL/DOGE

TA me plsss

Okay guys, I am literally done with crypto... Lost about 50% swing and daytrading.

Shill me some 10x coin.

Is there any Tool/Page that shows realtime 5minute (10min/15min/20min etc.) changes of all coins?