/biz/ - Business & Finance

>>25962215
i'm convinced tether fud is just scizho newfags

>>25962215

>>25962215
>crypto e-thot e-bot
back to plebbit, fag

>>25962256
Nobody knows what Tether is backed by. Not the courts, not you or me, and after listening to that audio, neither do the CTO or CEO

>>25962215
Money = a continumm of book keeping that only expands with the increase of technology.

Why would endless printing be bad in this reality?

Institutional investment is all that matters. The tether FUD is nothing.

BUY AND HOLD

Protip. Buy every 8+% dip

>>25962361
>I don't know anything so I'm going to assume its a conspiracy

>>25962391
inflated anusholes

>btc is up 300%+ in last 90 days
>terher supply only had to increase by 55%

Tether retards are fucking dumb. No shit terher supply only doubles when btc triples in value. It costs a shit load more to buy it so they have to issue more of it for the same volume/demand for BTC

>>25962361
>Nobody knows what Tether is backed by
Backed by McDonalds vouchers confirmed.

>>25962215
Tether fud, Bitcoin going to 0 because CCP seizing farms... this is 2017 all over again. Fuck off newfags

>>25962215
So what? Tether is not printed if USD is not deposited. That much Tether means that people are investing into cryptocurrency and it's obvious, look at the charts - everything went up.

>>25962454
2017 fag here, can confirm. Fool me twice, you can't fool me again

>>25962361
This is the right answer

>>25962435
who are you quoting

>>25962446
>terher supply only had to increase by 55%
you're retarded aren't you bro

>>25962454
Remind us what happened in January 2018?

>>25962446

>>25962489
>Tether is not printed if USD is not deposited
lol

>>25962496
>>25962454
this
i dont give a shit
blast my ass or dont
just dont keep tickling me

>>25962580
An opportunity to buy presented itself.

>>25962215
>crypto mami @xrp_mami
jesus you are indeed fucked
wtf is wrong with you

>>25962489
>Tether is not printed if USD is not deposited

This is a lie

>>25962215
What if Tether print USDT out of thin air and then Buy BTC which they then sell for USD. That means Tether is backed.

>>25962256
>i'm convinced tether fud is just scizho newfags


It is. Just another jewish FUD to keep the goyim poor.

https://www.youtube.com/watch?v=yiR8XrsReKk


And the kikes have been doing these deceptions since forever.

>>25962569

No. YOU ARE. You don’t understand shit faggot.

The fact tether only went up 55% when btc went up over 300% means that the rest of the difference for market liquidity is coming from non USDT, meaning other stable coins or regular USD.

How do you even breath being this much of a midwit?

>>25962446
>terher supply only had to increase by 55%
it didn’t increase printing by 55%, 55% of all tether ever printed was printed in the last 90 days.

>>25962742
Tether supply went up by almost 100% in 90 days, dumbass.

>>25962689
That's exactly what they do and it's exactly why the tomorrow's hearing is nothing burger.

It'll take a different lawsuit on market manipulation to fix this shit, but since crypto is an unregulated mess, it'll never happen so enjoy your chink controlled market.

>>25962662
>>25962590
Proofs?

>>25962856
Burden of proof lies on the entity which acts like a central banks and prints money and claims it's fully backed.

>>25962489
>Tether is not printed if USD is not deposited

>>25962610
exactly faggot which is why you should be converting to cash right now so you can buy
Do you think bobos just hope to see BTC fail? No, they just want to buy in lower. Imagine being too retarded to see the writing on the wall.

>>25962742
>55% of all tether in circulation was printed in the last 90 days
=
>tether went up 55%
NGMI with those math skills

>>25962689
>That means Tether is backed.
That means it's a ponzi scheme brainlet

Can some shitstain explain why if tether is deemed a load of shit why everyone wouldn’t just pile into bitcoin and make the price explode?

>>25962215
Don’t schizos realize if the SEC throws the hammer down hard on USDT it means they’ll throw it down even harder on XRP?

For the people that do not believe tether is a scam : don't bitch and wine when the big market implosion happens.

>>25962215
ironic how retards calling op newfag when it’s obvious he’s being satirical

>>25963173
Because nobody would buy Tethers for BTC.

>>25962447
You're in every Tether thread posting this shit that nobody reads. At least change the filename so you can look less pathetic

keep fudding my bags faggots while im silently accumulating tether for the next 100x moon mission

I am dumb as fuck and don't get it.

Why would this be bearish? If you have assets in Tether you are a dumbfuck anyways unless you are just swapping to it to swap into another crypto.

Let's hypothetically say Tether has nothing backing it and everyone floods out. They go into Bitcoin. This drives up Bitcoin price even more.

>>25962361
>neither do the CTO or CEO
Kek. This.

>>25963213
no it means only xrp will be
tHe StAnDaRd

>all this delusion about to get shorted by the SEC
>return to "normal" perfectly timed on the 15th

>>25962215
So the jews can just print value out of thin air in a decades long federal reserve plot to insidiously tax the working class out of existence through inflation but when tether printer goes brrrr its an issue. Got it.

>>25963173
>everyone wouldn’t just pile into bitcoin and make the price explode?
Check the BTC price since last year

>>25962361
Tether LLC literally admitted that a large portion of USDT is backed by bitcoin, bitcoin that they basically get for free

>turns out tether isnt backed by anything
>people continue to use it anyway
based clown world

>>25962215
reminds me of someone!

this is why i hold hedged like Fuse.

>>25963423
yep that's literally how it goes. The world is so thoroughly clowned is so many ways at this point I sometimes feel like I'm gonna wake up and laugh at how ridiculous this whole thing is

>>25962215
>>25962446
>>25962256
That's literally a lie btw:
- October 14th the supply was 15 billions
- January 15th the supply was 24 billions

(9/24)*100 = 37.5%


Now let's look at USDC in the same intervall
- October 14th = 2.75 billions
- January 14th = 4.75 billlions

(2/4.75)*100 = 42%

USDC has outprinted Tether in terms of proportion, Tether schizos btfo

Usdc market caps now at 4.8b, growing faster then tether despite usdt being years older .. uhhh bobo.. your argument ... it’s.. gone

The actual USD is a scam too. They just need enough to meet demand.

All money is scammy, fiat is a scam system, gold is controlled by a bunch of greedy scammers, and crypto is full of greedy scammers too.
It's what you do with it that counts. Crypto goes through it's fourth bull cycle and you're standing there with your dick in your hand retweeting tether fud...

>>25962961
COPE

>>25963481

>>25963556
Coinbase is audited thoroughly just like any bank would.

>>25962215
Are cryptocurrencies destined to repeat the same mistakes as fiat currencies?

Should've brought up tether when btc was 4k, now I can see its just bears who missed out.

>>25963734
Cryptocurrencies aren't currencies. They are cryptoscams mostly and only exist for a small minority of people to feed on low iq retards.

>>25963523
Do not speak of this in front of the goys. The US Dollar is stronger than ever.

>>25962552
Paraphrasing all the retarded qtard tether fudders

>>25963523
Lmao
I do wonder why fudders never mention USDC and how that works in their conspiracies. Apparently Tether, the oldest and most known Stable coin printing billions is fake, but USDC printing billions is apparently ok

>>25963719
Exactly. And USDC grows at a faster rate. This actually means that Tether is underperforming compared to other stable coins. Tether FUD really does work huh

>>25963265
>>25963427
This doesn't explain why the BTC price wouldn't explode.

Even XRP, after having a lawsuit against it, people were STILL buying it.

All it means is that when people holding tether tried to go to BTC, no one would want to buy it except at an astronomical rate.

>>25962361

>>25963957
Are you retarded? >>25963719

>>25962215
Literally the market cap increased to 1.1t Of course new money had to be created to put into the system. The tether shocker will be that it isn't backed 100% by USD but other currencies.

>>25963423
Yes. You should be upset only about the latter. You should sell all your bitcoin for Fedbux RIGHT NOW! DON'T EVEN THINK ABOUT IT! NUMBER GO DOWN SOON TRUST ME BRO!

>>25964127
Are you? >>25963993

>>25962961
No, you're the one making all these threads and all these unbacked assertions.

So where's a shred of proof? I'll wait.

>>25964506
Tether: buy my monopoly money, it's fully backed by USD
People: okay but please prove it's fully backed by USD
Tether: how about you proved it's not fully backed by USD first, huh?

>>25964656
Who holds tether? My exchange doesn't even support it

oooooooooooooooooooOOOOOOOO

https://www.youtube.com/watch?v=xgGph8K7Bxw

https://www.youtube.com/watch?v=xgGph8K7Bxw

>>25964656
And yet people buy Tether. Weird how that works, huh

>>25964656
no one buys tether, it's an insider exchange scam so they can control all crypto assets without paying anything.

>>25964957
What's your point? Are you trying to prove how much of a low iq animal you are by pretending to not know why stablecoins pegged to USD are essential to some people?

>>25963423
>comparing the FED, which buys real assets with the money printed, with Tether, which buys shitcoin
It's so over

>>25965021
>>25964957
the duality of man

>>25964688
>Who holds tether?
good question

>>25962447
Number 5 might lead to a black swan 3vent, but it won't be the 15th of januari.

>>25965029
You call it monopoly money yet people are willing to treat it as real money. If Tether was scummy, people would have a collective interest in knowing wether Tether is legit or not. The people who buy Tether have enough trust in Tether that they treat it as 1 Dollar. Your claim is Tether artificially pumps Bitcoin, but people are actually willing to sell their Bitcoin for Tether. The Bitcoin have to be bought from someone.

>>25962856

>>25962215
Who care nothing has value if nobody thinks it does. Real or fake this will decrease its value in people's eyes. Idk if that's do much tho. How do Tether keep itself tethered to the USD anyway?

Chad tether will print 100 billion tether tomorrow with zero fucks given and blow the fuck out all the fudder nocoiner cunts

>>25962361
shit even when they had their own guy audit tether in 2018 he only claimed it's backed by PARTIAL usd reserve (the claim was like 70% at the time)
and mind you that you was hired by tether, they wouldn't allow for real audit
this is before 90% of tether currently in circulation was printed and before they had all the banking issues

>>25966013
They never claimed and still to this day dont claim to be backed entirely by USD. Its backed by multiple things.

People simping so hard for a chinese company that's scamming on an asset they are investing in, can't wait for tether to shit the table and all you weak hands drop the BTC you bought at 41K USD

>>25962580
Correction after a 2 year long bull market and alts pump. You could short btc via cme. whats your point, brainlet?

>>25963284
>They go into Bitcoin. This drives up Bitcoin price even more.
No. The 24.5 billion USDT fake liquidity account for 2/3 of fiat volume. Only 1/3 is real fiat.
If Tether is busted, their will be a run for the remaining real fiat. Thus increasing the purchasing power of the remaining real fiat and dropping the BTC price. Until supply meets demand - at a much lower BTC price.

>>25966296
>They never claimed and still to this day dont claim to be backed entirely by USD
>They never claimed.....to be backed entirely by USD
I don't even believe in the January 15th doomsday fud, but this is a fucking lie:
https://www.forbes.com/sites/francescoppola/2019/03/14/tethers-u-s-dollar-peg-is-no-longer-credible/?sh=420b8daf451b

Fuck off with your fud already faggots. It's not our fault you were busy dilating when everyone was buying at 14

>>25966737
Listen to the peter mccormack interview. All explained for brainlets like you.

I still don't understand tether and why you would ever use it

>>25966844
>he listens to McCormack

S

>>25962256
>Still thinks it's FUD when all the claims are easily verifiable because that's how fucking blockchains work
Face it, if we were lying about how it's a scam you would have had something called evidence to disprove all the claims, yet all you've done is screech like a tranny and hope people won't notice it's all actually true and Tether is a scam.

>>25965781
Use your brain.
A lot of people, and I mean really a lot, don't have access to USD and have to go through tether. Some can use USDC and they do. But a lot don't have a choice.

In any case, you are retarded. Your non-argument could be used to defend any scam or any ponzi scheme out there.
"b-b-but people buy into it, therefore it's okay!"

>>25966859
it's a stablecoin pegged to the usd newfren. 1 usdt = 1 usd. you use it to avoid regulations and go into cash on crypto-exchanges only.

>>25962256
"no"

>>25962361
Nothing.
It lasts until people decide to stop using it.

>crypto mami
>office requesting documentation is ran by a letitia jones
LOL