/biz/ - Business & Finance

>>18473870
you realise more usdt is needed if people margin sell on exchanges?

sell btc, receive usdt.

thats why theres printing, not to randomly pump the price.

if that WAS the intention, you'd notice the usdt/usdc pair not hold at $1

they can only print usdt, not usdc/whatever other stablecoins.

>hur dur arbitage
arbitage would only correct price until arbiters ran out of usdc inventory, the fact they havent means usdt is still redeeming 1:1 for exchanges/big dogs

>>18473870
Imagine missing one day of Tether injections into Bitcoin at this point. It would cascade down to 15% dominance within 24 hours. BitMex leveraged money would get 95% liq'd. Highest volume day ever.

your shitcoin is still going to zero OP

they are waiting to pump it post halvening, just as foretold

>>18473918
anon, please contain your reddit spacing

>>18473944
Soon enough 120M isn't going to cut it anymore as well. They would either need to double down and start printing 240M every day or admit defeat and let er RIP.

>>18473999
checked
Oh boi, I remember the days in 2017 when even a 10M print instantly pumped BTC. Needing 120M a day now just to not have it dump is pathetic and hilarious at the same time.

>>18473999
retorts like that belong on the playground, thats why you've not made it yet.

>>18473870
do you realize that more tether is printed its take dominace away from bitcoin right?

>>18473870
holy shit you're dumber than a rock

>>18473999
>Reddit spacing meme

Found the newfag.