/biz/ - Business & Finance

hahahahahahhaha you must be joking after your friday dump to hell prediction

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>14656556
I wasn't wrong, the finex guys panicked and printed another 100million to kick the can down the road. It's still going down.

is the art style on that whale supposed to be annoying as it actually is

>>14656564
what game are you downloading bro

>>14656546
thank you based whale, just went long 100k more contracts. made 0.8 BTC profit after longing yesterday when you predicted a crash

>>14656546
>>14656572

Your telling me its almost entirely fabricated? That run has been built on false money?

>>14656572
Bro it's literally going up right now

>>14656546
funny thing you didnt had the balls to post this 2 hours ago when we pumped because you are scarred that we will break 12k larp

>>14656572
Where can I see when they print another 100mil?

>>14656595
VVVVV

>>14656597
You're gonna get rekt, but thanks for fuelling the incoming crash

>>14656605
Not for very long. Watch the ticker change direction soon.

>>14656546
Thanks just went long with liquidation at $11,444
These threads are always bullish

>>14656614
I was asleep it's like 5am here. Also, plenty of bulltards still believe we're going up more from here.

>>14656615
>this is good for the long-term health of the market!
>the golden bull run

>>14656637
Better close that long soon kid, you're about to get LIQUIDATED.

>>14656546
You mean BTC will never ever go above 12000 again?

>>14656625
thanks for telling me that i'm gonna get rekt, just like yesterday. now i feel comfy while going to bed

>>14656696
Yes.

>>14656696
>>14656696
Let me make myself clear
You mean BTC will never ever go above 12000 again for longer, reaching a new ATH, or going sideways at a higher value (let’s say 15000)? It’s only downhill from here, even after the crypto winter we’ll never see such heights again?

>>14656733
Yes.

>>14656666

>>14656546
Are the big personalities (ver vitalik etc) and the exchanges in cahoots?

>>14656751
Not directly. But they all have a vested interest in keeping this whole thing going despite the fact that it should have tanked this year. It's not going to end well.

>>14656546
Is holo another ponzi?

>>14656815
ALL ALTCOINS ARE PONZIS, just of varying degrees. EVERY SINGLE ONE.

>>14656637
even if it goes up its very probable that it bounces off from 11500 first (which often means temporarily sinking under it 1-2%)
pretty dumb entry

>>14656815
holo fuel is an asset backed underlying computing power

What will the price fall to?

>>14656546
>Insider whale here

>>14656823
>he got rekt in altcoins, now trying to make up for his losses by shorting BTC at the start of the bullrun

>>14656546
>Insider whale
you misspelled professional larper

Do these faggots ever get tired of larping

>>14656747
Then why the fuck did you say you are buying when crypto winter arrives then? Why wouldn't you invest in boomer stocks?
Why would you invest in crypto if it won't go high again?

so OP sold all of his positions because he is sure that btc will never go above 12k
OP will deliver some screenshots from his withdrawals to proof his not a larp

>>14656572
so youre not a finex insider, then what kind of insider are you and why would you know anything about anything

>>14656947
tell him anon, tell him

>>14656615
https://etherscan.io/token/0xdac17f958d2ee523a2206206994597c13d831ec7?a=0xc6cde7c39eb2f0f0095f41570af89efc2c1ea828
ethereum origin wallet
https://etherscan.io/address/5754284f345afc66a98fbb0a0afe71e0f007b949#tokentxns
holding wallet

>>14656546
I don't think you're larping, and I'm not asking you retarded questions like "what price will it fall to", just why would you re-invest in crypto if you say it will fail.

Answer this >>14656947

So 100k is considered whale now?

>>14656947
When it finally hits $1000, you'll be able to x5 your money on the subsequent dead cat bounce.

Screenshoting this and posting results in 3 months. Let's find out if we never go higher.

>>14657094
Alright, fair enough.
Though you said there might just be another bullrun, so you're not entirely sure about that.

>>14657193
At that point, returning to $5000 will be considered a "bullrun".

>>14657205
so OP sold all of his positions because he is sure that btc will never go above 12k
OP will deliver some screenshots from his withdrawals to proof his not a larp

But muh prophecy

Stop it (pic related)

>>14657205
Alright, fair. Take care, until next time.
Who knows what the fuck will change down the line, as even this current “bullrun” couldn’t ever have been predicted.

I've actually put my house on the market to get in with big money after the next big dump

This guy has been so hilariously wrong every single fucking time. He might be the most BTFO larper of all time.

>>14656572

Then it sounds like... You were wrong

>>14657364
But I have always been right.

>>14657572

Let's be honest you havent

>>14657568
Nah, it was crashed right on schedule, they had to scramble to undo it. It did cost them a lot to do that, though. They will need to do a burn this week.

>>14657587

Nah. You were wrong. You were wrong right on schedule. You were wrong then, you're wrong now.

>>14657587
Why must they do a burn?

>>14656823
ALL ALTS R SKAMMZZ DURRRRR

Go fuck yourself. All your predictions are wrong, no one believes your shit. $1k bitcoin? Fuck you, the other day it was triple digit bitcoin, everyone on this board would scoop up bitcoin for that price, it would never go that low, and you know it you fucking liar

>>14657601
1. If it breaks 12k I am wrong
2. If there is no Tether burn this week I am wrong
3. If prices moon after July 22’nd I am wrong

I made it easy to prove me wrong.

>>14657587
Yeah you're full of shit.
You said it would crash, it didn't. No more from you

>>14657637
Right now everyone will scoop up btc if it was $4000. It was under that not even a year ago, why didnt you mortgage everything you had and borrow every last cent to go all in? Same reason you won’t do it again: you’ll get burned first all the way down.

>>14657587
What sort of insider whale are you?

I inclined to agree with OP because this is exactly what I expected: there’s a battle of tether whales printing usd vs some other whales trying to drop the price.

Its clear from the prints and price action that Tether whales were desperately hoping to induce a bull run like last time, but whales rejected it hard at 13k. Now they’re trying to print more but it’s not working

They’re fukt

That being said how much btc do you have your whale group have at your disposal to manipulate the price OP? How did you get it? Through mining? Why alert plebs here? How did you even find this place?

>>14657230
Soon anon, soon

>>14657649
Screen capped. We’re extremely close to 12k

>>14657664

You're also wrong.
You and OP know nothing.

>>14657605
>>14657587
Pls respond

>>14657680
Only because some whale pushed it up from 11.3k to 11.8k. Normies starting fomoing in again and we touched 12k for like a minute and now we're falling back down gradually.

>>14657689
I’m not a whale I’m just looking at the price action and tether prints idiot. Given the prints we should be much higher by now

>>14657751
Not all the tether is injected straight away.

>>14657660
> why didnt you mortgage everything you had and borrow every last cent to go all in? Same reason you won’t do it again:
bc anyone who even mentions this as an idea in the realm of rationality, regardless of the money they may make, is a fucking faggot ass brainlet

...and here we are.

>>14657751
The higher the price the more usdt you need to go up, it's unsustainable

>>14656546
I agree with your updates. In fact I am waiting for the real dump in order to buy (it is the only way to make it for a poorfag like me).
I predict a dump and a crab market for at least half a year.

>>14656617
>VVVVV
Good taste, my anon.
https://www.youtube.com/watch?v=Tp3qiOKuEBM

>>14657230
There is basically nothing right about this post but every moonbaby so desperately wants it to be true

>>14657649
>I made it easy to prove me wrong.
Yep.
>>/biz/thread/14577107
>You now have less than 24 hours to lock profits.
>July 4
>It's now July 8 and we've gone back that high.
Very easy indeed.


>>14657664
> there’s a battle of tether whales printing usd vs some other whales trying to drop the price.
>Tether whales were desperately hoping to induce a bull run like last time
Then they should stop trying to buy up every red candle like they're desperately trying to push the price up.
They should just let it correct back to sub-9200 and get the correction done and over with.

Imo that's the only thing really preventing this bull run from taking off.

>>14657953
They’re dumb and desperate. They think they have more power than they have. They’re trying to get enough money from an artificially induced bull to pay back all the drug lords and rogue nation states reggie owes money to but they are failing. July court hearing could be a fatal blow to bitfinex

>>14657982
Eventually, odds are, they will declare they got “hacked” and start moving coins from users off the exchange to be sold for quick cash

>>14656728
bigdogg?

>>14658024
I agree that’s highly likely, The question is what’s the time frame you absolute fagfot? You were wrong about the July 4th dump, sounds like you and your whales think you have more power than you actually have

Also the fact that you call xmr a scam makes me question your intelligence

>>14656546
Thanks for the buy signal larper bro

>>14656546
Prove you're a "whale" or otherwise you're completely full of shit and you're just another random asshole guessing about the price of bitcoin. Nothing you say means jack shit until you prove otherwise. What makes you think you're a whale??? You have a million dollars? You have ten million dollars? You have a lot of bitcoin? Why do you think you're special. Are you an "insider" with good intel, and if so why would being a whale have shit to do with that. Everything you say sounds like a dumb kid larping (even if you're an old dumb boomer).

Thanks based OP. I sold at the top after your correct dump prediction (faggots here was too busy suckin cock to notice sharp 1k drop, so they larping as it never happened).OP, what to do with tether now? If bad news coming from hearing this is bad for both tether and BTC, correct? Do i literally cash out in fiat?

>>14658099
Also if he’s not a tether insider how the fuck does he know there will be a tether burn later this week

>>14656572

my dad works at bitcoin and he says youre full of shit

>>14658024
That is genius.

I've been thinking really hard how they could possibly make money off of printing tether, if they were possibly making money on the finex premium, or some other convoluted way they were cashing out the printed tethers to real usd on other exchanges.

But this is the only thing that makes sense.

Gather as much bitcoins as you can, the liquidity is shit so the price pushes up, but they keep printing to gather more bitcoins.

Then they declare a hack.

It's the only way so much tether printing and no correction buying can be sustainable.

>>14657860
Nah it did call the bottom and march. July is still open for the call

>>14658024
If they declare a hack the btc is flagged. They cant cash it out.
Why would an exchange hack themselves to cash out? They are an exchange!

>>14658118
When you see the Tether burn news, you will believe me. But until then people will still accuse me of larping.

>>14658223
Lol you must be really new here.

>>14658242
You didn’t know the 100mil tether print would happen, how will you know a burn will happen?

>>14658242
Why is there going to be a burn?

>>14658267
It wasn’t SUPPOSED to happen. They really fucked up there.

>>14658266
Ok tell me how they can cash out flagged btc

>>14658242
OP, please answer >>14658099

>>14656546
You were wrong the last time faggot, you said "This is your last chance to sell" and it turned into a $200 drop that recovered almost immediately. Now you're saying that 12k is going to happen and then drop?

Go fuck yourself dipshit

>>14658289
so even whales stab each other in the back?

it would be fine if the btc dominancegets reduced a bit.
but this better not nuke all the alts pls.

>>14658289
>They really fucked up there.
so they accidentally printed 100M usdt

Actual whale here, can confirm this guy has no fucking clue what he’s talking about and we actually share his posts in our private whale chats for easy lols.

>>14658779
Nice larp retard, more inclined to believe OP than you frankly

>>14658807

Don't believe any of them. How's that?

>>14658827
OP has been right about a few things

Actual whale here, stop polluting our oceans niggers. Also invest in fish.

>>14658594
actually they just moved tether from the omni layer to eth nothing was printed

>>14658850
how do you like fukushima? now that krills are glowing they are easier to find no? your welcome fishnigger!

Anyone who believes this is a retard.

>>14659039
Op defend yourself

hey guys, actual whale here:
EEEEEEEEEEEEEEEEE OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO UUUUUUUUUUUUUUUUUUUGHHHHHH

More tether printed, was this a mistake as well?

>>14659195
finex cant help themselves, they'll pump like no tomorrow until the 29th

OP is a failed larp guys who obvioysly has his shorts set up. Anyone not getting in crypto now deserves to be poor forever.

>>14659195

>>14659157
those zits are the size of a tennis ball.

>>14656947
Literally this

>>14656546
Well Well mr whale.. What will bitcoin go down to then AND when will the altcoin move then ?

>>14659157
kek

Time to get some breakfast. Did we break 12k yet?

>>14659675
How’s the earthquake treating you in Cali dipshit

Longing here and calling you on your bullshit

How'd that effect BTC prices?
Bought BTC is bought BTC. Whether you buy it with other crypto, fiat, tether, your mom's vagina.
Even if tether is a scam how does it make it any less valid that 1 tether = 1 USD?
People spend real money to buy tether.
Your theory would not hold true even if tether was worthless or announced worthless overnight.
The BTC would still be in people's wallet therefore still valuable.

Explain to me, exactly, in terms of most fundamental economics, how does tether "fakingly pump bitcoin"? It's just a way for people to exchange it to dollars, as I see it.

>>14656546

It does look like a fake bull run, just propped up on Tether printing.

So you might be correct.

But why do you think it will not go above 12k in the next bull run after the imminent crash.

If the economy of the world collapses or there's another recession, BTC could go to crazy heights. Why do you think that's not possible?

>>14659787
No you’re right, you’ve convinced me, even if Tether is proven to be a complete scam, the price of btc will be COMPLETELY unaffected!

>>14659787

Simple, Tether declares bankruptcy and closes shop.

>>14659787
Let’s say it comes out that tether is worthless and there’s a run on tether. People will start buying btc but the market will quickly collapse. So what will they do? They’ll try to move into other stable coins, but those exits will quickly collapse as well

So holders of there’s wealth will basically evaporate within minutes. Now what what does this mean for those who hold btc? It means *they* can no longer cash out to tether either; which is by far the most liquid stable coin market. So in a flight to safety they’ll start selling to other stablecoin markets like usdc. This selling will quickly become a self-fulfilling prophecy for a full blown panic sell... As btc holders will see the price start to decline they’ll want out as well. Then bitfinex will also shut down because part of their tether holdings are backed by btc, and with bitfinex closing down it’ll end up in a full blown market route to sub 1k. Except no one will have any money to buy out the market this time unless they’re in a legit stablecoin like rsr or usdc

>>14659854
That'd mean people can't sell BTC.
ie. Price would rise, no?

>>14659787
about 65% of the buying pressure is in USDT
can you guess what happen when 65% of the seller need to unload their bag but ther's nobody to buy them ?

>>14659787
Tether is not audited retard.
Besides, when BTC is sold in exchange for USDT, you are creating USDT out of thin air because there wasn't a corresponding dollar deposited for those USDT. So their claim to have a dollar to back every single Tether is bullshit.

Furthermore, Tether's Terms of Service read as follows:
>“There is no contractual right or other right or legal claim against us to redeem or exchange your tethers for money. We do not guarantee any right of redemption or exchange of tethers by us for money.”

It's a scam for early miner whales to pump and sell their BTC.

>>14656546
you have no balls no brain no dick

>>14656546

SNAP

>>14659889
Yeah if you can't sell nothing happens. The volume is 0 and the price is stable.
>>14659907
Doesn't matter whether it's audited as long as people believe it's worth 1 USD and that's all that matters, really. People buy 1 USDT for 1 USD.
By the way, if it's a scam and you can get USDT for free, where and how'd you go about that, because I reckon this is the argument.
and USDT isn't created out of thin air, isn't that why there is a printer in the first place? Doesn't company managing it issue USDT? It's a cryptocurrency after all.

>>14660000

Respond to my post retard. Are you saying there won’t be a btc route if finex closes down?

>>14656572
The cognitive dissonance is strong with this one

>>14659876
>>14659887

This guy explained it pretty well.

>>14660000
>Yeah if you can't sell nothing happens. The volume is 0 and the price is stable.

holly shit you're a proper retard
people will sell in the fiat pairs, those fiat pair now have to take in 65% more selling volume, and the price will tank

>>14658080

Desperate larp from cunts that got shocked by the run.

Now they feel stupid so they need to feel "smart" again

it's pretty hilarious.

>>14656907
hey Jonah

>>14658336

"Whale Denial"

It will past.

>>14660000
>Doesn't matter whether it's audited as long as people believe
haha oh wow
Doesn't matter that it's a scam until people find out it's a scam and then it will suddenly matter.

Currency based on faith is fiat currency btw, it's everything that the crypto market was supposed to stand against.

>it's worth 1 USD and that's all that matters, really.
No it isn't. People believe it is because they believe it's backed.

>and USDT isn't created out of thin air, isn't that why there is a printer in the first place? Doesn't company managing it issue USDT? It's a cryptocurrency after all.
Their claim is that every USDT printed is backed by a dollar deposit. Their claim is bullshit. Thus, the value of USDT, based on this false belief, is artificial.

I like how you omitted answering to the quote from the Tether TOS where they openly say it's not redeemable for real money.

>>14660153

XD

>>14660000
Posts like this are proof that quads trips and dubs are just coincidences given meaning by our need to see patterns where there are none, because this dude is absolutely retarded.

Right now miners need to sell their btc for millions of dollars A DAY to pay their electricity fees, on top of exchanges needing to pay their employees and keep the lights on. There simply isn’t that kind of money in the system to support this. So bitfinex started supplying the market with BILLIONS of fake money to keep everyone going just a little while longer, while high frequency trading bots maintain equilibrium between fiat and usdt exchanges.

If this goes away, we are all MAJORLY FUCKED. The main holders of usdt are not even users but exchanges, and if they all go down the miners will rush for the exits via the few remaining legit fiat exchanges and soak the thin liquidity remaining, JUST TO KEEP THE LIGHTS ON.

This is a scenario that can only be avoided if they eventually get enough real money coming in, and the opposite is happening instead: they keep printing more fake money, and real money is not coming.

>>14660041
No, I understand now.
Your whole point was that:
>BTC/USDT stops trading, people are stuck with BTC
>Other pairs such as BTC/TUSD BTC/PAX BTC/USD BTC/EUR etc. will be used instead
>Somehow, that will lead to "oversaturation" despite exchanges being able to handle billions in fiat
Which is correct on some level but doubtful. is the argument that we're going to run out of USD, EUR, TUSD, PAX etc. on exchanges?
Why would it dump the price anyway? It might dump a bit because of some panic sellers but that's about it, it's a tether problem not a bitcoin problem. There's other coins that are traded majorly in USDT, you're aware of that, right?

>>14660153
They literally say that only ~75% of tether is backed on their own website dude.

>>14658024
This guy... xD

People are moving a lot into alts also.

Not only FIAT.

>>14660214
> There's other coins that are traded majorly in USDT, you're aware of that, right?
Every single one of those scammy pump and dump altcoins will go down in flames once usdt fails

>>14660231
That’s a face you can trust right there, it just says “you can fucking trust me with your money.”

>>14660214

This whale - OP

Is in need of a cheap grab.

so here we are.

Nobody believes him tho

>>14660228
Keeps avoiding the TOS question.

If the TOS say Tether is not redeemable then IT'S NOT BACKED BY ANYTHING. Not 100%, not 75%, 0% BACKING.

>>14660242

He has one account on that Exchange "observing" the USDT XD

it's his world.

>>14660214
>Why would it dump the price anyway? It might dump a bit because of some panic sellers but that's about it,
> but that's about it,
> hey guys the price could crash super hard into the double digits, but that's about it, what the big deal ?

please tell me you're not actually that retarded

>>14659876
or, you know actual fiat

>>14660214
It’s not just that regard, see >>14660193
There is an enormous amount of wealth and buying power for the crypto space currently parked in tether. If that evaporates overnight:

1. Bitfinex will be insolvent
2. Many people who would have bought a btc dip won’t be able to
3. Not only that, but for real life liquidity they’ll have to start selling their btc since their tether wealth just evaporated
4. Miners will start having to sell also since they need to keep the lights on
5. Once we dump 25% full blown market route ensues and everyone starts panic selling

>>14660329
Also this will result in a major hashrate dump and then in turn a slowing of the network until next adjustment

>>14660329
this might happen, except bobos would make tons of moeny, assuming their positions are in fiat at the time.
bitmex might get thoroughly rekt because its btc settled

>>14660329
Speculators will also market sell their alts for btc since most people in alts are just trying to get more btc anyways. Nothing will be spared except for maybe chainlink and ether

>>14660371
I have a big deribit short open on the sept contract personally

>>14660193
>they keep printing more fake money, and real money is not coming.
Dude but it doesn't matter whether tether is backed by a dollar, since **everyone bought a USDT for real money.** Otherwise **how are you going to acquire USDT?** And call me retard more. Makes my dick tingle.
Gonna cite what I said previously just in case
>By the way, if it's a scam and you can get USDT for free, where and how'd you go about that, because I reckon this is the argument.

>>14660288
I am not avoiding the TOS question. I am not shilling for Tether. I am merely trying to understand your point of view. I don't see how it's relevant. We've already established that tether is not fully backed, and my point is that it doesn't really matter, same as it doesn't really matter with FIAT. Since you know, Tether is basically just FIAT replacement in crypto.

>>14660293
>double digits
I doubt that, severely. That'd imply over 98% of bitcoin trading is USDT, which it's not.

>>14660329
Reasonable, possible, but not certain. I literally don't see how that isn't rather easily avoided by using other currency pairs, such as direct FIAT exchanges or other stablecoins. If tether collapses, yes, there will be a BTC dump, but nothing as dramatical as some faggots make it out to be.
And that's considering tether completely collapses overnight, which I don't consider likely.

>>14657094
So you sold every single BTC you own to rebuy at 1k

>>14660371
Bobos who short to get bitcoin settlements on close will need to:
1. Collect from a solvent exchange
2. Sell that bitcoin for real money
Good luck on 1 and 2 in a full blown meltdown scenario.

>>14660329
proof that bitcoin is really and truly dead for the five millionth time.

>>14660329
honestly at this point the only question is when is this going to pop
last time finex got close to get their ass handed to them was in September and they panic burned like 1B USDT in October then BTC went straight down

I have no idea how things are going to play out but this is going to be interesting seeing how much USDT was Printed since then

>>14660432
Bitcoin wont meltdown ever again ..

>>14660414
At the moment, on the balance of probability, all or a majority the USDT newly printed is mostly literally out of thin air. Unbacked by anything but the promises of known white collar criminals and scammers. They literally just produce more on the chain and people like you think “they wouldn’t do that if it wasn’t backed! must be legit”

>>14660458
Everyone and their mom has been calling Tether a scam since day 1. Interesting to see what happens.

Pretty sure OP is a larp though.

>>14660453
Yeah, the goverment will step in and redeem the cash you lost when you paid for a spot on a digital ledger for TWELVE THOUSAND REAL DOLLARS.

look like ops gonna be wrong. again.

25m in the pipeline

>>14660479
Doesnt make sense.. Bitcoin wil not go below 10k again. It will go to 100k next

>>14660490
So far he’s been right. Whoever he knows has put up massive sell walls at 12k

>>14660414
>I don't see how it's relevant. We've already established that tether is not fully backed, and my point is that it doesn't really matter, same as it doesn't really matter with FIAT. Since you know, Tether is basically just FIAT replacement in crypto.
Because Tether claims to be worth one dollar. It is actually worth less than that.

The US dollar is backed by the might and faith of the US government. Tether is backed by what? Some anonymous investors? A bunch of exchanges? There is nothing there.

Yes, both Tether and the USD are fiat. But Tether is the weaker fiat since there is nothing backing it (as per the TOS). It is only worth the same as a USD by way of deception.

Also, crypto was supposed to be an alternative to fiat money printing and market manipulation. With this tether printing bullshit they are basically doing the same as the Fed pumping the stock market. At least the Fed is a public institution with much more public scrutiny.

Tether introduced fiat printing and pumping bullshit into the crypto market for purposes of manipulation.

>>14660458
I don't doubt that, but again, I don't see how is that relevant at all. People still use USD and it isn't backed by anything. Federal reserve prints USD out of thin air and yet it still has value. How come? Tether is basically FIAT with value connected to another FIAT.
Tell me, unless USD collapses, why would Tether? Will the lawsuit shut them down?

>>14660517
See attached

>>14660510
What am I looking at

>>14660000
wasted

>>14660529
One day someone with a lot of Tethers is gonna say “hold on I cant actually spend these. How much are they actually worth?” Then everything will come tumbling down, the bottom layer of our house of cards.

>>14660558
Isn't it extremely weird that nobody did that yet?

>>14660558
"One day"

Don't you mean by the 22nd OP?

>>14660524
>Also, crypto was supposed to be an alternative to fiat money printing and market manipulation. With this tether printing bullshit they are basically doing the same as the Fed pumping the stock market.

that's the saddest part in this whole story
btc should have never been put on exchange for fiat it should have stayed between peoples mining it as a truth parallel economy and not become this monster of speculation and manipulation

>>14660558
Actually, why aren't people doing it right now?
Isn't acquiring Tethers in current markets at prices lower than 1$ profitable?
If the real price is below that, why aren't people doing it?

>>14660535
tether's erc holding wallet
100m goes in, 25m gets distributed to mixer wallets

>>14660622
it's like a game of musical chair
got to keep dancing while the music plays, just don't be the last to sit down when the music stop

>>14660622
Go ahead dude. Buy a shitload of USDT at a discount. Then bring em to the Tether office and get $1 each for them from the reserves. Let us know how it goes.

>>14660558
do people still use tether since bitfinex fud in april?
everyone on youtube is screaming to get off bitfinex and not use usdt

>>14660685
>Notwithstanding these strong performances, Diar notes that stalwart if controversial stablecoin tether (USDT) still commands the lion’s share of the market, with trading volumes this year to date exceeding $1.3 trillion — already $200 million higher than the whole of 2018.
All in centralized exchanges.

>>14656947
OP BTFO

>>14660718
exactly, the bagholders are the exchanges

>>14656546
Fuck off u larping piece of shit faggot. Nobody here believes u after your constant failed predictions, retard.
How pathetic is your life that u come here and larp as a whale to feel like u aren't a miserable loser at least on 4chan?

>>14660718
What will happen to binance in the case of a tether implosion?

>>14656546
BSV will moon.

>>14660745
>What will happen to binance

Fucking retarded piece of shit, if u were real whale u would sign message with your BTC wallet but u can't do it because u are poor larper and never had even 1 full Bitcoin.

>>14656546
OP is a lying larper, blockexplorer can't verify any of his signatures or public keys.

also, I'm never cashing out.

This makes a lot of sense as this whole run has seemed premature to begin with. Wish I could muster up the strength to just sell my BTC because of how much I hate this fucking shitcoin but everytime I sell BTC it just pumps.

>>14660886
Depends at what price you bought.

>>14660520
Why at 12k though?

>>14661014
Been buying since 2015. Most I've ever bought at one time was 1 BTC at 2k. I miss old bitcoin and I guess that original vision keeps me holding.

>>14660761

Inept.

>>14660529
The fed doesn’t print money out of thin air, usually they buy securities in exchange for the dollars they print.

They have their own portfolio of assets that backs their qe.

And you guys are confused on the effect of a tether collapse on btc.

Just like in October, since the market is so driven by USDT, a collapse would spike the price of bitcoin like crazy, as it’s demand would increase (at least initially).

After that, it would slowly bleed back down to zero, with every drop caused by a whale exiting the market and subsequent drops smaller and smaller whales getting out.

>>14661473

Did you get dropped a lot in childhood?

>>14661473
>After that, it would slowly bleed back down to zero, with every drop caused by a whale exiting the market and subsequent drops smaller and smaller whales getting out.

basically what peoples have been saying

If Tether was going to collapse it would have collapsed already. Also, has OP ever verified they are actually a whale or is this just a larp?

>>14661473
No it wouldn’t pajeet, the moment the tether run begins people holding bitcoin won’t sell their btc for worthless tethers

The price will remain stable in other altcoins at best

>>14661564
this literally happen in November faggot

>>14661601
That wasn’t a run

>>14661537
It’s larp. How is this thread still alive, it’s obvious bs and op has been wrong every fucking time.

It looks like not that many people are sitting on USDT. The Vol / M Cap is around 400%, if we were to believe the numbers in the pic are correct. So, on average, each tether from the supply is spent about 4 times any given day. Also, the daily volume is pretty much the same as BTC.
Does this mean that USDT is mostly used by day traders to buy/sell altcoins?
And how the hell did Tether Limited Company acquire 3B$ to back up each USDT created?

>I'm a whale who would stand to profit from you idiots doing the opposite of the way I "know" it will go down by having you fill my shorts
>I was wrong multiple times, but that's only because OTHER insiders changed the plan at the last second
>But don't worry, the BIG plan hasn't been changed
>Trust me

He's either a LARP, in which case his "predictions" are good for nothing, or he's actually a whale, in which case he's incentivized to lie to us so we can fill his positions are more favorable prices.

>>14661921
They didn’t brainlet. There’s no backing, tether is worthless

>>14656546
Except tether just minted 100m this morning once again

>>14661980

BOTH

;)

>>14661980
This x100000

>>14662015
Of course, desu. What I which to know is the official story. What were the steps they took to keep the charade.

Something weird is really happening, they have printed 1 BILLION TETHERS since May.

They started at the beginning of May just when BTC started its pump form 5k to 12k.

Do not tell me this tether printing and btc mooning out of nowhere is not co-related...

Look at the tether market cap in October18. Look at the BTC price in Nov18.
Look at the tether marketcap in May-July19
Look at the BTC price in May-July19

Something will happen... this is not sustainable ... Good for us that LINK is decoupling from BTC. LINK TOP3 WITH 1BIL MARKETCAP EOY

>>14656665
>doesn't understand tether

>>14660718
Quick question OP - Would USDC be a safer bet if we plan on buying back into btc after the crash?

Market has it's own dynamics in the end so you could be right or you could be wrong due to other external variables. Either way appreciate you spicing up /Biz past 7 days

>>14656665
kek i love it when newfags like you fall for the tther fud cause they don't understand how it works

>>14662158
sorry anon but no amount of decoupling can save link if tether explode

Who is this guy and why he so important to sign his post

>>14661254

Glownigger.

>>14662534
Doesnt fucking matter, link is 0 or 1k... if everything about LINK is true link will end up top 2 or top 1... Btc can go to a fucking zero and LINK being a new bitcoin.

>>14661921
usdt is mostly used by exchange bots

>>14662725

Yeah I read that.

It's hilarious because it's not reality.

You got duped like his ilk got.

HILARIOUS but yeah kinda sad also XD

Do the opposite of whale faggot

BTC about to hit $12k and I am breaking out my stopwatch to see if assblasted tranny OP is right about it only holding for 5 mins.

>>14656696
>>14656728
It's over 12k again now, lmao.

>>14656546
Oh good this post is still here. Just came here to say eat shit and die faggot.

>>14657649
>1. If it breaks 12k I am wrong
>I made it easy to prove me wrong.
Welp

>>14656546
OH NO NO NO HAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

RIP OP

all of these price predictions are bull shit. all of them. asuka is the only one that is actually somewhat on the money.

>>14656546
>>14656546
>>14656546

I actually believed whale anon & sold :-/

I wouldnt jump the gun and say hes totally off with his prediction. None of this "run" has seemed legit. We should have gone sideways for much longer than we did. Nothing has fundamentally changed with BTC. Nothing have changed for the positive in the regulation department. Not selling, but not going to call OP a faggot quite yet.

HAHAHAHAHA YOU FUCKING FAGGOT

REKKKTTTT HAHAHHAA

>>14663235
Bitfinex tether ponzi pumping. OP seas a lying rat

MUAHAHAHAHAHAHA MUHEHEHEHEHEHEHE AHAHAAHAHAHAHAHA BUUUAHAHAHAHAAHAHAHA AAAAAAHAAAAAHAHAHAHAAHAH BUUUUEEEEEEHEHEHEHEHEHE EEEEEHEHEHEHEHEHEHE AAAAAAHAHAHAHAHAHAHA UUUUUUUAAAAAAAAAAHEHEHEAHAHAHEHAEHAEHAHEAA

>>14657649
OP BTFO

HAHAHAHHAABABABABABANSNFJFKEJEJ

>>14663312

>>14663339
This

Welp, over 5 minutes and still holding above $12k.

kys, OP

>>14656546
stupid faggot pajeet cunt, gtfo

>>14656546
KEK
thanks based OP, i got 100% winrate on your signals

>>14663375
>>14663375
based as fuck

It's amazing how op can be wrong 100 percent of the time

When can we have a real insider? Why they always larping? For once I want to believe

Guess I'll go ahead and buy in. Thanks for the advice OP.

ok thanks for your advice, you've getting it wrong 100% of times and this time I did the opposite you predicted to profit

gg keep doing it faggot

I am almost -10% thanks to your advice btw.
if this is going to moon I will kms

>>14656546
Bro stfu already

>>14663438
He's now been wrong 66% of the time. If you are just guessing you will be right between 40% and 60% of the time on average.
Whale Insider is an absolute LARP confirmed.

it actually started pumping when I received a twitter notification about the whale alert tweet on the 100M USDT
this is literally what triggered this pump, a bunch of peoples reviving the notification and fomoing in

fucking clown market

Someone screenshot this for future use

>>14663515
With a 66% failure rate he's almost the most profitable financial tool out there. Bet against OP every day and you will become rich.

Shorting here is literally the easiest money you'll make.
This will never, ever break 12.5k$ this month.
The support is so fucking strong it didn't get through twice, and three times won't be enough either.

Wrong again...damn

>>14663560
based retard

>>14663314
oh yeah nothing at all except the precarious state of the financial system. DB collapsing, probable iran war, de-dollarization efforts, brexit; you know, nothing of importance. no big deal.

>>14657649
>btc price right now $12,300
i guess you were fucking wrong, just like all the other times lmfao i cant believe people will STILL believe this shit

>>14663776
It’s not just that he’s wrong, looks like he was deliberately misleading us

>>14663718
Yup im sure folks will flock to something as stable as BTC.

>>14663718
>Pointing to geopolitical and macroeconomic factors, that have already been in play for years, to explain a sudden massive retard-pump in Internet magic money that started three months ago.

>>14656546
>Bitcoin is valued above $12,000 for more than 5 minutes
REKT for the 6th time you nigger

Oh look he’s wrong again

>>14656546
This post aged well

Where is Whale chan? We must get a response. Perhaps 7th time is the charm.

>>14656546
>3. Bakkt on July 22nd will be disastrous for Bitcoin prices
hi, brainlet here. wondering why bakkt would be disastrous for btc? isn't it settled in bitcoin and not fiat, so they're not trading paper bitcoin? isn't paper gold how they suppress gold prices?

Just came back to post that it's been over 12'000 for over 5 minutes.

Also, OP, BAKKT begins TESTING on the 22nd.

>>14664099
Just back from a conference call: we are shifting the ceiling to $12,500 instead. We’ll never be above that for more than 5 minutes now!

>>14664234
So glad I counter traded you

>>14664250
Prepare to get rekt, we are standing by to liquidate you.

>>14664234
so 30 more minutes until you get rekt the 7th time

>>14664274
could you guys crash link after btc too please?
I'd appreciate it.
>t. poorfag 2yr link marine who just got a job out of college

>>14664234
This is actually true.
The support at $12,300 is fucking unbeliveable. I don't think we can break that just because of some fat whale.

>>14664274
Nigga, I’m seriously disappointed by you. I had faith in you. Now I know you MIGHT be a larper, which is not good news for your credibility.

>>14664358
>so stupid he calls resistance support

>>14664234
this reads like sarcasm, a tacit admission of larp. i can almost see you winking at the screen. remember: ironic shitposting is still shitposting.

>>14664274

Youre just a nervous shorter arnt you

>>14664234
OMG CAPSLOCK OMEGA WHALE ANON IS THAT YOU??????

>>14664274

>>14663803
reminds of caps lock anon, very misleading, could be the same dude for all we know

>>14664234
thank you made 20x leverage doing the opposite of what you said , it cant be this easy

tfw you listened to whaletard

>>14664494
Have some faith anon, the numbers are sometimes a little off. Just wait for the news later.

>>14664539
What fucking news dipshit? Adding to my long here, you are deliberately misleading us to add rocket fuel to the pump kys. Glad I counter traded you

Don't be this guy: >>14664600
Even the most fucking babby level TA supports what whale anon is saying.
His theory about tether is supported by more than enough evidence.
He isn't a fucking wizard he can't know what will happen 100% but honestly the advice he's giving is rock solid.

>>14664657
I dare OP to tank us, come on fagfot. I will keep adding to my long. He’s full of shit, tether is just a conspiracy.

>>14664234

Lololololol. You're done here dude.

>>14657649
>if it breaks 12K I am wrong
yeah looks like you were wrong again retard

>>14664694
>tether is just a conspiracy

Nice knowing you

>>14664539
>Have some faith anon
anyone remember that Z faggot
same shtick, different handle

>>14661371
>The fed doesn’t print money out of thin air

They literally do. Holy shit, are you retarded? They have 0 balance on the account they use to "buy the securities".

>250 replies to this larpfag
Jesus Christ when did this place become Reddit

>>14664657
then why am i making more money doing the opposite of whats hes saying?

>>14656546

>Muhh BTC will dump after 5 mins of $12K

Kill yourself, faggot.

>>14665049

In fairness half of those are himself/ other people in his group to try to make these garbage threads more legitimate.

After this fiasco he should oust retire that gay ass whale jpg and not come back

>>14656546
ok so it will pump

great

>>14663805

Apparently they do, you faggot.

Oh boy, honestly believed OP knows inside shit here, so this means also that ALTS arent scams especially LINK? Im all in on link this is fucking relief man.. jeez

>>14657649

Hahahaha hahahah how can you even show your face here

>>14665202
every BTC maximalists on here says link is a scam ive noticed

>>14665219
This

>>14665235
i don't think it's a scam i think it's a utility token without utility. and for anything that can be done with it it's completely unneeded. that said enjoy your gains!

>>14661371
>The fed doesn’t print money out of thin air
Yes they do
>They have their own portfolio of assets that backs their qe.
AAAAAAAAAAAAHAHAHAHAHAHAHAHAHAHAHAHAHA
the only asset that backs their QE is your stupidity

lol its $12.3 and climbing as i type you larp whore faggot.

whats next ???

"THE WHALES CHANGED THEIR PLANS AGAIN, ITS NEVER GOING BEYOND $14K !!!!"

KYS

>>14657649
what a fucking faggot and your faggot keys
get wrecked

>>14656546
fuck all you whale scare faggots, now you got me rekt in a short position...
:'(
ima lose errithyn

>>14666289
He knew. He tried to bait us into a short

This is why you counter trade him or do nothing

>>14657649
this guy is such a fucking idiot
every time he posts he's always wrong

>>14667375
I’ve made money counter trading hi. He’s actively trying to build counter positions to his whale group trades

>>14656546
>30th June 2019 will be the last time ever Bitcoin is valued above $12,000 for more than 5 minutes
AAAAAAAAAAAAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHA

>>14664234

>>14657649
wrong once again lol

>>14664234
You're a funny guy

imagine making a fool of yourself on an anonymous image board

include me in the screencap

>>14665937
chainlink token is no ordinary token its an erc677 token read up on it nulinker

The tokenomics of the LINK token.

1. Chainlink nodes will be paid in LINK tokens only. There will be conversion tools for people that want to use fiat but will be converted to LINK. at the end of the day only LINK tokens can power the network since the nature of ERC-677 token, built specifically for LINK, is to transfer data.

2. LINK tokens are used as collateral value. Smartcontracts will use Chainlink nodes that carry a % value of LINK to the value of the Smartcontract. So yes, you can start a node without LINK but no one will use it. High value smartcontracts or any contract that has value will use nodes that carry the same or a % of value of LINK.

3. Decentralized networks that are home to smartcontracts will need decentralized data to execute. Chainlink is currently the only option. Thats why you will see everyone in this space partner with Chainlink

So....

Smart contract creators will demand a certain level of reputation or amount of collateral, to be paid in LINK tokens, that suits the value of their smart contract. A $1million bond would require a lot more collateral, than, say a smart contract dealing with $100. You wouldn't select the low rep/low collateral available nodes for something like a huge bond. Chainlink is actually targeting these high value contracts. Sergey has discussed at length why high value contracts in the financial world require a decentralized oracle: it puts all the risk onto the oracle rather than the smart contract creator. The smart contract creator doesn't risk losing money - the node operators do. The Chainlink network is genius like that.

There is infinite amount of collateral available because the token price can rise to meet it.

Now you have to research how large ALL these markets are. derivatives, insurance etc... hint: Trillions.

Is 1000$ really possibly in say the next 3-4-5 years?

>>14664657
>Even the most fucking babby level TA supports what whale anon is saying.
Technical astrology loses against reality again.

>>14668107
its a glorified json parser

>>14668107
>Decentralized networks that are home to smartcontracts will need decentralized data to execute.
funny thing is as of now any data worth to trigger a clause in a contract is completely trustful and centralized like interest rates real estate registration prices of various assets on specific exchanges... the data can be signed by the source eliminating the oracle problem.