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21742220

Anonymous Sat Aug 22 01:22:44 2020 No.21742220 [Reply] [Original]

Isn't it funny how nobody ever cashes out tether?

>>	Anonymous Sat Aug 22 01:40:06 2020 No.21742481 >>21742220 >casually prints 1billion dollars

>>	Anonymous Sat Aug 22 01:55:03 2020 No.21742775 >>21742481 >all tethers are backed by real dollars* >*or the equivalent, in loans to our parent company :^)

>>	Anonymous Sat Aug 22 01:56:17 2020 No.21742800 >>21742220 honestly binance and tether are starting to seem like some ccp scheme to fuck with the dollar

>>	Anonymous Sat Aug 22 02:03:27 2020 No.21742950 >>21742481 So ? Supply and demand

>>	Anonymous Sat Aug 22 02:05:59 2020 No.21743002 File: 59 KB, 658x662, sad_pepe.png [View same] [iqdb] [saucenao] [google] How does tether work?

>>	Anonymous Sat Aug 22 02:06:08 2020 No.21743005 File: 1.61 MB, 1920x1080, 1559774124526.png [View same] [iqdb] [saucenao] [google] >>21742800 ding ding ding

>>	Anonymous Sat Aug 22 02:06:31 2020 No.21743014 >>21742775 I thought they admitted that they back the tether with their crypto holdings as well, therefore can print more when the prices go up. You never hear about them burning tether when the prices tank though.

>>	Anonymous Sat Aug 22 02:13:23 2020 No.21743158 >>21742220 Yeah I wonder where the token go https://www.coindesk.com/tether-just-burned-500-million-usdt-stablecoin-tokens

>>	Anonymous Sat Aug 22 02:13:39 2020 No.21743161 File: 518 KB, 640x631, 1545663375850.jpg [View same] [iqdb] [saucenao] [google] >>21743005 >against china >brought to you by okex lmao

>>	Anonymous Sat Aug 22 02:14:03 2020 No.21743165 >>21743002 >people believe its worth 1 usd >people pay 1 usd for it

>>	Anonymous Sat Aug 22 02:33:33 2020 No.21743548 File: 36 KB, 785x499, burn.png [View same] [iqdb] [saucenao] [google] >>21743158 >burn a tiny, tiny, tiny proportion of the amount they create >oh wow it's totally legit now!

>>	Anonymous Sat Aug 22 02:45:32 2020 No.21743759 >>21743548 When Tether blows up its taking the entire market down with it

>>	Anonymous Sat Aug 22 02:47:09 2020 No.21743796 >>21742220 Why would we cash out tether when we can swing even 10% pops and buy shit like Verasity at a $3M market-cap?