/biz/ - Business & Finance

>>18811316

>>14999605
Money that never enter in the FIAT gateways if you check the money flow with the API of exchanges.

>>14977676
Bitcoin has been pumped with Tether, not with real money like in 2017.

Whales are trying to sustain prices now with their own BTC but dont will be enough

> image from May 2019

>>14897237
You can analize money flow in exchanges with their API

>>14771690
Demand of BTC in FIAT gateways will set the value.

This image is from May with new money coming to crypto

>>14767527
Here is how it works.

Company prints coin, pegs it to USD to be a stablecoin used by exchanges, calls it Tether.
Company says this coin is backed by USD from their investors.
Company pumps the market with this coin as if it had real USD backing.
Turns out coin is not actually backed by USD at all.
Turns out they just print as much USDT as they want not, and not actually any real money invested.
Turns out all the money being pumped into the crypto market is literally printed out of thin air.
Turns out that the entire cryptomarket is boosted by FAKE MONEY in order to fool the goyim into putting REAL money in, then they PUMP and DUMP and siphon the real money from the goyim hands back to the exchange cartel.

Welcome to Tether.

>>14190918
Yes, BTC has been pumped with a lot of real money in 2017. Now most money come from Tether

>>13775000

Triple digits actually

>>13670148

>>13666868

I Bobo'd at $5,200, because I still think the Tether FUD is real and will absolutely crash the market.

But I can't miss out on these gains, so I'm watching and protecting my orders with stop limits.

Its very clearly comming from tether.

>>13630713

VERY big threat.

>He thinks the Tether thing will simply "go away"

>He thinks 80% of the market price of BTC suddenly disappearing is already "priced in"

Lmao, pic related B*lltoids.

>>13599687
What you're failing to understand is that marketcap is the market price multiplied by the circulating supply. It doesn't literally take $30b to move the mcap by $30b. Where does most of bitcoin's volume come from? OwO what's this? It comes from a coin minted by a company recently caught in a huge scandal? The same coin CZ has been shuffling about in the hundreds of millions since the news broke? No, you're right though. This pump is definitely new money eager to enter the market with all this good news and positive sentiment.

>>13539265
correct. see pic related.
Tether completely dominates trading volume. It's the basis of the entire crypto trading ecosystem.
TrueUSD et al don't even show up on the chart because their volume is negligible.
Saying that other stablecoins exist is true, but misleading. If Tether fails, it will not be a smooth transition to these new coins.

Pic related is only the last 24 hours, but it's more or less like this every single day.