[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 75 KB, 960x640, CC83B522-320B-43EA-86AC-1B5B980595AB.jpg [View same] [iqdb] [saucenao] [google]
25795047 No.25795047 [Reply] [Original]

Can someone explain why tether fud is making btc crash

>> No.25795077

Because it is true as you will find out soon. Tether is pulling the rug.

>> No.25795170

>>25795077
checked
vote below and the truth about the 15th will be revealed:
strawpoll com/6byzs99wj

>> No.25795182

>>25795047
Because buttcoiners are still mad.

>> No.25795210

>>25795047
Salty nocoiners fearmongering.

>> No.25795255

it's just 5-10 rampant nocoiner autists, it's just sad at this stage

>> No.25795267

Because retarded cucks are selling it.
Cucks who wear masks because the STATE told them to do so, and who trusts the "experts" about so-called "science". They are destined to be poor, because we are buying it all.

>> No.25795268

>>25795077
this, good thing I liquidated everything yesterday already

>> No.25795300

>>25795047
It's not. No-one outside 4chan even talks about it. Btc is "crashing" because miners have increased volume.

>> No.25795314

>>25795047
it's not tether fud crashing the price retard. normies need to get shaken out. not everyone in crypto will make it

>> No.25795420

>>25795047
>BTC is crashing because exchanges are selling their crypto and selling off tether
>why is tether fud making btc crash
You can’t make this shit up. This is the absolute state of Twitter bitcoin maximalists

>> No.25795583

>>25795047

Bro this shit been going on for years

>> No.25795626

>>25795047
It's not, tether has nothing to do with it. It's just a random narrative

>> No.25795704

Tether prints 500 Millioen USDT per day out of thin air latetly and they got busted.
The CTO tried to do some damage control in a interview today, but it will only makes things worse.

>> No.25796119

>>25795047
Nothing is crashing even on a daily chart. This is round 1 tier shakeout fud for the new friends and their helicopter money.

>> No.25796458
File: 64 KB, 880x960, 1606659468561.jpg [View same] [iqdb] [saucenao] [google]
25796458

>>25795704
>Tether prints 500 Millioen USDT per day out of thin air latetly and they got busted.
>The CTO tried to do some damage control in a interview today, but it will only makes things worse.
I get why tether is a scam, but how does that harm nonstable coins?

>> No.25796548

>>25795047
Tether fud is spread so there is enough liquidity for the wales to cash out. It get spread when we reach a local top. Tether fud is basically nonexistent when btc isnt going up

>> No.25796556

>>25796458
It will cause a liquidity crisis when 24 Billion USDT fake liquidity suddenly disappears.

>> No.25796578
File: 157 KB, 483x559, F836FEAF-D197-4CB8-9F04-6C0404E75434.jpg [View same] [iqdb] [saucenao] [google]
25796578

>>25795047

>> No.25796649

>>25795047
>USDT is backed by BTC
>For every USDT there is an equivalent of $1 in reserve
>USDT "prints" USDT and buys BTC with it
>USDT is backed by the BTC they buy
>It's an endless upward spiral
>They can "pump the markets"
>They are audited by DelTec
>Owner of DelTed is USDT
The reason it ISN'T crashing is because a lot of ignorant people have entered the market and they're keeping the party alive until it all comes to an end on Jan 15 or maybe a day before

>> No.25796662

>>25795047
Its not theter fud that causes pull backs, it's the laws of nature. It has to.

>> No.25796692

>>25795300
>nobody even talks about it
no except only literally every single person who talks about bitcoin https://www.youtube.com/watch?v=b_Uq5QCHcU0

>> No.25796728

>>25795704
USDC is printing even more will they get fucked too? What stablecoin isn't a scam?

>> No.25797035

>>25796728
In what universe is USDC printing more?
And as much as I know, USDC has been audited at least 4 times by different auditors. So they are a bit more trustworthy.
Tether has never went through a proper audit and only "proof" that they hold something (1.8bil usd) is the piece of paper from Deltec Bank with Dear Sirs and a squiggly line.

I personally have never touched any stablecoin or never probably will.

>> No.25797173

>>25795047 always do opposite what 4chan say

>> No.25797244
File: 283 KB, 784x1362, Skärmavbild 2021-01-10 kl. 23.17.13.png [View same] [iqdb] [saucenao] [google]
25797244

>>25797035
Last 24h alone

>> No.25797265

>>25795047
what crash?

>> No.25797287

>>25797244
>>25797035
The sums are smaller granted but they're printing tens of millions every hour

>> No.25797310

>>25796556
won't they just replace it with an other stable coin overnight even if what you imagine comes though?