/biz/ - Business & Finance

>>15052489
holy fuck. we are unironically going to 100k eoy. just like the time traveller from 2012 said.

>>15052489
Not so fast.
>Did Tether Just Create a $2.27 Billion Monero Like Dark Pool using Liquid?
Do you think any non crypto-sperg can ever read that sentance? What does it even mean. A headline like this is only going to scare normie money. It's over. Crypto well never be like Star wars. It's Star Trek at best. Fucking gay nerd shit that only has value at conventions amongst dumb nerds burning their money on chainlink coins and used william shatner kleenexes

>>15052526
read the hole thing faggot
we don't need normie anymore tether is going to push this to 100k then the normie will fomo in and we can dumps our bags

>>15052489

Stupid sexy asuka poster

I should have longed this yesterday when I first read it
we broke the 50 MA on the 4h and now they are already pushing the price up.
bears tears will be glorious

>>15052489
This is fucking huge, thanks OP.
Blockstream is creating their liquid sidechain to provide liquidity between exchanges. This sidechain supports ring signatures so privacy can happen although it's optional. These means no more whale alerts when huge amounts of BTC or tether get transferred around. Or when a whale buys millions worth of tether we won't know if they want to hide it.
Although the privacy is optional....so if they want you to see it you can.
Unironically this is bullish. BTC is becoming more and more mainstream as a financial instrument.

>>15052739
.... or when finex just print and other 500M tether to stop a crash

>>15052489
> In total, 1.34% of all Bitcoin in circulation was moved today, or 239,436 BTC. Which is worth $2.27 BILLION Dollars.

>This could mean that tether has 250,000 Bitcoin ready to deploy into a stabelcoin like asset at any time without anyone knowing. It’s not exactly as if tether just printed $2.3 Billion dollars. But it could be that they are signalling they have that much on standby that could be issued at any time in the form of a dark stablecoin pool that no one will be able to track.

>>15052857
I can't wait for Coinmarket cap to turn the "circulating supply" from "4022816273 USDT" to "?"
what a glorious day that will be

We are unironically going to 100k then.
We are def living in the clown timeline

>>15052924
> 4chan meme magic elect a literal troll as head of the US
> NEETS buying number on a screen become millionaires doing nothing
best timeline imo

If you're not a BTC maximalist after reading this there is no hope for you.
(((They))) want all your BTC. And they are making systems around BTC to make it as tradable as any other commodity.
(((They))) may or may not destroy BTC in the process, but the run up is going to be staggering.

>>15052997
yeah just be ready when the music stops
when this shit goes tits up crypto is going straight to zero

wait didn't they only move 88.5 BTC for now?

good thing i closed my short yesterday anyways
i might have to long now though

>>15052489
BEARFAGS ABSOLUTELY BTFO. PUMP MY BAGS BITFINEX!

THE GOLDEN BULLRUN IT'S STARTING

the tether fud had to continue somehow
the prophecy is true and is most likely someone at bitfinex

>>15053230
i was a persistent tether fudder and still am to some extent, but if this article is true then i don't know what to say
even if they can hide their assets, i don't think it's a good thing long term if a ponzi keeps propping up crypto artificially. although maybe it will now disappear into the background so things look fine enough for institutions to step in, who will actually pump our bags. only institutions can save this boat.

>>15053230
well moving to an invisible chain wasn't exactly the best way to discredit the fud wasn't it

where to even liquid

>>15053284
i honestly think this could save crypto from a collapse. if they fuck off to an invisible chain, this might give the appearance to institutions that everything is fine. then they will step in and overtake everyone's volume, making tether irrelevant.

>>15053309
institution are never going to buy this shit
finex will pump the price until normies fomo in then they and we will dump on them just like in 2017

>>15053335
are you fucking retarded? how dense are you really?

institutions want in BADLY. you think they don't see the greatest money making opportunity of our generation right in their face? they're fucked by regulations and by the appearance crypto gives off currently. the biggest problem being tether, they can see the obvious manipulation.
fund managers own bitcoin themselves, even if they don't buy it for their client's portfolios.
we are still early as fuck but of course you retards can't realize this. the golden bull run will ONLY happen with institutions. retail fomo and tether manipulation will never be enough.

brainlet here

based on this info,
is btc gonna spike to 100k fast or is it just going to run up.

>>15052986
>>15052997
amen, and my bags are ready.

>>15053419
100K end of day

>>15053384
>the greatest money making opportunity of our generation right in their face?
LOL are you serious ?
you realize that from her BTC going to 100K is only 10x, they make billion in stocks and option they don't need this shit, beside it being a side gamble
they also know that this ponzi can crash at any time when one guy own 5% of the total supply

>>15052489
have fun trying to cash out fake money lmao bull tards are so fucking retarded they cant even see that this is how bitcoin goes straight to zero

>>15053451
>only 10x
What kind of returns do you think a fund portfolio shows in average? You fucking absolute dribbler.

>>15052489
So, to be clear, the author's central thesis boils down to "Tether says "fuck you" to state law enforcement and invites major would-be investors to participate in speculative asset trading without the scrutiny of regulators." Which is exactly what NYAG wants prevent. And this is supposed to inspire confidence in me that Tether isn't going to get ass-plowed on financial conspiracy, when the play is so obvious that some guy on Medium figured it out.

This is literally all the firepower that bears can muster?

Time to add to your short positions boys.

>>15053384
and why would you think bitcoin will EVER receive the green light by institutions?
>hurr durr lets undermine the USD
>hurr durr lets make the cash move out of the stock market
IT WILL NEVER GET THE GREEN LIGHT BY THE BOOMERS. COPE RETARD

>>15053451
keep coping
legacy finance is literally a powder keg waiting to explode due to decades of mismanagement by greedy and stupid fucks.
crypto doesn't lie because computers and math don't lie. it doesn't need human management. when hyperinflation hits, they will ALL be begging for a couple of satoshis.

and I say this as someone who has actively shorted btc quite a lot in the last year and a half, due to the tether fud. anyone who isn't extremely bullish on crypto long term is missing the forest for the trees. this is bigger than brainlets like you can imagine.

>>15053511
The boomers are technically illiterate and dying off.

>>15053511
it doesn't need to receive a green light, which is what you retards don't understand. crypto is simply superior to the legacy system, meaning anyone who doesn't adopt it (US for example) will be left behind. the dominance of the USD is slowly coming to an end.

>>15053515
coping for what ? I'm completely sure this ponzi will carry on now, and I'm riding it all the way up.
just know what game you're playing

>>15053548
>crypto is killing USD
/x/ thread?

/x/ thread.

>>15053562
just because tether is a ponzi, doesn't mean crypto is. crypto is the new paradigm and it's an absolute shame something like tether is holding it back.

you didn't respond to any of my points. stay poor.

>>15053583
>major players like china rolling out their own crypto, buying reserves of BTC

Crypto is quite literally killing the dominance of the USD and that is a fact. Do you really believe the rest of the world will simply continue with this absurd post-war arrangement that we've had? Countries like China and Russia (and all those aligned with them) are looking for an out. Crypto is one of those outs.
Monetary systems change every few decades and we've been long overdue for one.

Goys, this isn't about boomers or monetary policy. It's about one thing: profit.
If there is profit to be had ((they)) are all in.
((They)) will manipulate the laws to make all this legit if there are profits to be made. And there are. ((They)) are just getting started. If you can't see this you're a complete brainlet.
If you think monetary policy and financial laws are there to protect you, you would be dead wrong. The laws are there to make sure ((they)) can remain profitable and give them every advantage. ((They)) will not kill BTC, they are figuring out their angles to profit from it, and if that means changing laws so be it.

>>15053657
you think ((( they ))) fucking do all this for money ? THEY CAN FUCKING PRINT THE MONEY, USD is worthless paper, what they want is power and control over everybody, it doesn't matter how
2 things can happen now
> 1 they manage to take control of crypto and this shit pump and become the new world currency
> 2 they can't take control and they destroy it

>>15052489
You idiots, they will just go after blockstream too, tether is not somehow shielded from the law just from being integrated into their network. I swear some of you are smearing poop on the wall dumb.

>>15053717
>destroy it
yeah good luck gathering 51% of BTC.

>inb4 kill FIAT gateways and exchanges
There are ways around this. DEX's will become huge in the future as well.

Not to mention the entire world isn't America. There are countries actively promoting crypto. Soon we'll see much larger adoption. Even Russia and China will probably continue to be more crypto friendly than the land of the "free".

>>15053768
Like the fed is just going to let these chinks continue minting their own money at their own will, we have invaded countries over less.

>>15053793
>invade china

LMAO you're absolutely delusional. America couldn't even invade Venezeula at this point. No one is starting a nuclear war over crypto.
Especially once they realize it is simply superior. Crypto will quite literally be the first currency to achieve world reserve status without firing a single bullet. And that's exactly why it'll stay there for a long time to come.

>>15053839
you think they won't start a war to avoid losing control over the global economy ?
if they are promoting it that much hit means they have a plan, which is either coming up with their own coin and arresting anyone using BTC or they already have control

>>15053839
They won't need to invade china, they will just need to go after the people behind this scam, the chinese government will NOT be covering for them, they are also under control of the central banking cabal, you have to realize there is more at stake here than money.

>>15053857
No. Absolutely no one is risking all out nuclear war over this. You're delusional larpers. They will merely realize it's far superior once they see other countries adopting it and once they realize they're behind, especially after the recessions that are coming. Who with any degree of sanity, will trust the USD after it sees hyperinflation in the relatively near future? It'll collapse of its own accord.

>arresting anyone using BTC
Not possible at all. And again, the entire world is not the US.

>>15053893
Chinese govt won't be helping the US either. The US would have absolutely no jurisdiction.

Since this thread is as good as any to ask in:
1. Have you downloaded the entire BTC blockchain?
2. What do you store it on?

The people behind tether are 5th pillat glowbohomo faggots, they are in bed with human trafficking cartels and other unsavory characters. They will be swiftly dealt with.

10x your crypto with moon3d. bonus schemes awaits

>>15053930
You would be surprised. This is a bigger game than governments and money fren.

>>15053939
based and christpilled

>>15053936
yes.
my latptops 700GB HDD

>>15053930
>No. Absolutely no one is risking all out nuclear war over this.
they started war for less than this
you're talking about peoples who have a complete grasp over peoples, government, banks, industries and the media for centuries and you think these fucker are just gonna say "well we have lost too bad I guess"
fucking delusional

>>15054010
Does not even have to be a traditional war, could be a financial one like the trump cabinet have been focusing on. Get your anuses ready boys!

Anyone without Monero in their portfolio will cry tears of blood very soon.

>>15054105
Xmr is a dang pedo scam too. The devs secretly mint millions with none the wiser, why do you think that shit never pumps? Constant dumping.

>>15052489
>>15052739
fake new ffs they are not creating a dark pool

>>15053857
brainlet, a global currency was always on the table. those really in power (finance world) have always dreamt of a global currency and being able to escape tax.

>>15053384
It’s ironic because they’ve used regulations over the past century to craft this whole gilded cage they control and now crypto doesn’t need to play by the same rules plus it’s much more difficult to freeze/seize. As far as appearances go, frankly it’s atleast partially the fault of institutions again because they have been fudding the living shit out of crypto since day one. It’s kind of similar to the left in the US being forced to lie and scream “racist!” whenever they get called out because they have no other option available that doesn’t involve relinquishing their power. I’m not sure a dark pool is good and I’m also skeptical that a partially private pool will not be compromised but ultimately I just want to see crypto force the hand of our legacy institutions because nothing else will.

>>15052489
Bump

>>15053475
Heh, “dribbler”. Upvote.

>>15053496
They’re inviting the ass plowers to join the party. Who will he left to plow ass?

This blog post confirmed that crypto is a ponzi.

Tether is backed with BTC not with FIAT. If you dont understand this, you deserve what will happens next months.

>>15053759
yeah but when

Law moving slow as fuck, either the judge is colluded or a retard

>>15052489
Short closed. Time for a fucking ride.

>>15054996
Hehe I liked it too. Upboat ur Upboat

>>15055086
I don’t intend on being left out of further gains.

I will open a short once we hit 14k again

>>15052489
did anyone even read more than the link, they didnt create anything. lots of BTC was moved at the same time tether announced joining a dark network.

all this allows is untracable movement of tether, not more creation of it. this is their only move since libra will be killing them off shortly. so normies will use libra while institutions and seasoned vets will use tether, assuming the US allows them to stay up

>>15053464
I use gemini and transfer it right back to my bank. dont know why you're still pushing this cant cash out meme from 2016

>>15055512
Libra will never be allowed to happen by the us gov

That being said this doesn’t mean much. Imagine tether holders start demanding dollars for their tethers: there will still be a run. This just delays it

Bump

>>15053309
>>15053384
if someone wants crypto to go down one final time, they will orchestrate it somehow.
imagine if there was a whistleblower who came forward, he would be compensated very damn well – or just die by an unfortunate "accident"

>>15054325
>The devs secretly mint millions with none the wiser

BTC goes sub 9k this weekend