/biz/ - Business & Finance

>btc could tank below 40k if we don't act quickly
what will baggies do when evergrande liquidates the tether print machine?

>>28814312

>>19198591
This guy gets it.

BTC is only alive because of a counterfeit money printed out of thin air called USDT.

>>18799053
So, when are you going to tell her about Tether??

The price valuation of Bitcoin is entirely because of this USDT system of counterfeiting.

You can come up with all the rationalizations and reasons you want, but the actual reason that the price of BTC goes up without ANY organic demand is because an organization is allowed to print endless fake money without being busted by the Feds.

>>18316639
BTCs current valuation is almost entirely decided by Tether. Everyone knows that.

It's all a mirage.

>>18263924
Tether is the only thing keeping up the price of BTC.

The price of BTC is the only thing that keeps miners in business.

The miner's are the only thing keeping the chain relevant. Muh hashpower, muh price, muh network effect.

Thus, Tether is the only thing keeping BTC alive. If tether dies, BTC dies.

>>13638487
nailed it

>>13638052
dont worry ill be laughing even harder once tether implodes and thia market tanks to sub 1k. enjoy the scam while it lasts

>>13636817

>>13637022
LOOOOOOOL!

This uptrend is organic??? Man, we are just puppets in a very manipulated market, let that sink in!

>>13548069

"""FUD"""

>>13549343

(((fud))))

You don't even know how to use this correctly.

The officers of Bitfiniex, in their own private correspondence, have admitted to the level of risk posed by Tether.

Anyway, it doesn't matter what you or I think. You WILL learn the hard way.