/biz/ - Business & Finance

>>26024943
Tether has been buying BTC without the assets to back it up.

The money printer broke.
See you retards at 3k.

You were warned.

>>25960090
They desperately want to show that they actually have enough assets to back up the number of Tether in circulation.
Since nobody is buying any more, they are burning the ones they have.

If Tether was really backed up by real assets, why would they be burning it in the first place?
I'll give you a clue: they have been printing more than what they have in assets.

>>25885416
Sorry OP, that scam has already been done.

>>25869110
Bulltrap

>>25682368
>pls hold my bags while in jump ship

>>25682538
Nice pasta.

>>25680802
A ticking time bomb.

>>25640475
Only retards would short bitcoin. I got no interest on that.
I do enjoy annoying shills and scammers. It's entertaining to see them trying to justify why this is totally an organic adoption. The seething is almost palpable.

If someone sees this and stops themselves from jumping on this stupid bandwagon heading towards a cliff, then it's just a bonus.

>>25636110
This.

>>25629952
The Ponzi.

>>25623275
Words of wisdom.

>>25621257
The whole thing will collapse soon.
As soon as Theter gets busted, confidence in crypto will be shaken and institutions will jump ship (last thing they want is to lose clients' money).

>>25618602
This.

>>25610275
Cash out while you can.
Anyone telling you otherwise needs you to hold up the price while they dump their bags.

>>25609986
It means that they're going to be gone soon.

>>25598466
Soon...

>>25571154
It will pop on (or before) the 15th of January, 2021.

>>25569892
The whole crypto market would collapse with it, including LINK.
Tether has been used to pump BTC. A collapse in USDT would shake the confidence in the crypto market. And if there's anything institutions don't like is to lose clients' money, so they would dump all the BTC they have.
Historically, every time BTC crashes, it drags the whole crypto market with it.

>>25559827
Bull trap

>>25546910
Agreed.
After Tether gets busted. Regulations will come to crypto, and the era of pump and dumps will end.
Crypto will stabilise.

These Tether shills are getting desperate.
If you were confident that the FUD is not justified, then you'd be quietly accumulating BTC before the 15th, after which the price would shoot up.

But the truth is that you know that Tether is a scam that will collapse the crypto market.
You need to maintain the current prices and liquidity so that you can offload your bags before the SEC cracks down on Tether.

>>25538915
Whatever you say anon.