/biz/ - Business & Finance

>>26008946
Never. It's a fucking larp you dumb retarded prick.

>>26008946
I like putting penis in my butt lol

>>26008955
You're going to get the long dick of bobo and you will not like it.

>>26008946
Tether fud won't happen, it's a clown world literally nobody is going to care about it

>>26008946
It's a meme idiot.
You didn't actually sell did you?

>>26008946
in a few years when the SEC actually gets through 2.5 million pages of paperwork. you didn't think this was happening today were you?

>>26008972
You're just fucking wrong. And you'll see that. There has been speculation of Tether getting in trouble for years now. It won't happen.

>>26008946
This article got 50k views since publishing yesterday, enjoy

https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3

>>26008975
No, I just want to accumulate more.

>>26008993
They have been delaying for years. NYAG is going to look at that 2.5 million page bundle of documents and stamp RICO all over it. DigFinex dug its own grave.

>>26008946
no tether fud needed for btc to go down

>>26009035
i respect that, but your dip won't come. BTC is gonna hit 50k within the month and BTC dominance is about to freefall

>>26008975
... I did, fuck.

>>26008995
Thanks just sold my entire Bitcoin portfolio all $100 of it. That was a close one! thanks anonymous internet poster for safeguarding my financial interests.

>tether outed as a scam
>people who hold BTC and wanna sell will just do so for USDC/DAI/BUSD/whatever and the price remains the same
>people who for some reason still hold "raw" USDT get fucked

>>26009062
>BTC is gonna hit 50k within the month
you're going to be disappointed

>>26009078
nice larp

>>26009128
disappointed FOR YOU

>>26009148
? i didn't fomo in near ath

>>26008946
>tether fud
How new are you people? Tether fud has been around since like 2015. Nothing, NOTHING ever happens with Tether. The most dangerous thing at the moment is kikes coming in to steal everything because "muh nazis use BTC".

>>26009159
neither did i. but it's still going to 100k this year

>>26009109
> Market volume drops to 5% of what it was without Tether
> Prices crash until they meet the liquidity levels USDC/DAI/PAXOS/TUSD/BUSD can support.
> See you at 5K champ.

>>26009162
good take

>>26008946
advanced meme constructed by boboomers

>>26008946
The shakeout was the $30K dump. Now, we crab until you sell then it goes to $50K.

Glitch is still gonna moon the hardest of anything in January.

>>26009175
that's possible, but not "50k within the month" like >>26009062 wrote

>>26009162
Yeah but these faggots keep spamming it recently. I want to know if I should spend my wagie monie now or wait for the fud.

Tether is actually fucking based for hedging some of their reserve against the dollar by buying bitcoin with it. I mean why the fuck would they store the devaluing dollars when they can use the greatest store of value ever created (bitcoin). Based. This is bullish for bitcoin and only backs up the store of value use case as legitimate.

>>26009078
>gasps audibly

>>26008979
>>26009049
You do realize tether didn't just submit 2.5 million pages in one go right?
That's the total of what they've been submitting since April 2019.

>>26009306
2.5M pages and they cant get a proper audit what a fucking joke lol. They are just stalling and kicking the can

>>26008975
Yeah, I sold my tether for USDC.

>>26009177
Cool, just gonna buy more then.

>>26009306
>2.5 million pages

In what context would anyone come even close to needing all that space?

>>26009355
Same thing would happen if a bank had to provide details on how their reserve is invested. The FUD is that tether is printing USDT out of thin air and buying btc with it. Nonsense. Whats happening is real people are paying real $ for USDT which they recieve (plenty of people have confirmed this is how they use tether) The $s in tethers reserve treasury is then theirs to invest how they wish. Some of it happens to be invested in bitcoin. The reserve is actually way bigger than the USDT mcap as they invested sensibly. Tether is not just backed by $ its overwhelmingly backed.

>>26008995
lol, such a weak handed fag

>>26008946
you'll see it happen when dia starts pumping. they'll need as much pricing as possible

>>26009499

>>26009389
In the context of a project that makes tons of transactions and whose project is the subject of tons of transactions?

>>26009355
>They are just stalling
By duly submitting documentation as requested by the AG?

>>26008946
14:55 GMT+11

>>26008946
>tether fud
This is about to be the most bitter pill you're ever going to swallow in your life. If you came here from the site in pic related, you are genetically pre-disposed to be a cucked normie for life. You are literally retarded. Don't think we haven't noticed you asking stupid questions, trying to use our lingo, and pretending to be one of us. Why are you doing it? I can't say for sure, but you probably heard somewhere on your faggity site that this place is good for finding investing advice and crypto moonshots. You couldn't be more mistaken. The truth is, this place is filled with scammers, niggers, street shitting pajeets, and autists. The reason why the people that naturally gravitate to 4chan succeed is because we are unironically autistic and see the world in a completely different frame than you. You come here and no matter how hard you try to fit in, you stick out like a sore thumb because your future is already written on the wall. You will be a slave to your government, corporations, and bosses for the rest of your pathetic existence. You will live under a guise of happiness, but ultimately die having done nothing even remotely significant in your life. You will hang around here for a couple weeks, probably lose money gambling on shitcoins, and then run back to the comfort of your faggy home, where you will warn other plebbitors to avoid this place: how we are all retarded, gamblers, racist, and misogynistic. You will collect your upvotes for the warning, and then jerk off to the thought of feeling important, not having realized you failed the most basic of internet shittests. You will read this post, flame me for the direct confrontation of challenging your intelligence. The reality is you aren't, and never will capable of coming up with an original thought in your pathetic existence. Any words you speak are the equivalent of a sheep going

>>26009686
nice pasta

>>26009389
nobody ever reads or even tries to understand that shit
its just the escalating function in action where attorneys have to justify their grosly inflated billable hours
at most they will run an automated numbers analysis on it to see for indications of possible fraud, see benfords law

>>26009389
Probably had to export lots of transactions to pdfs and send them over

>when the tether fud hits hard

>>26009062
I will be so fucking happy if this happens

>>26008946
Never. Most Bitcoin investors don't buy their Bitcoin with Tether or even know what Tether is.

NOW

>>26009389
It's spamming, the ag will C&D them and fuck them up the ass

IM SCARED FROGBROS

>>26010481
>spamming
This is 2.5 million docs over the course of two years, fagwad.
Most of it is probably lists of transactions for reference.

>>26008975
No, I buyed

>>26008946
There is a new breed here called

"FOMO-SAPIENS"

this is their outcome generally

>>26010443
AND IM FREEEEEEEEEEEEEEE

>>26010592
can someone screenshot this

on January 15, 2021

I have discovered "FOMO-Sapiens" they are a dimwitted species generally poor

>>26009499
>overwhelmingly backed okay Paolo the jig is up

I don't know if there will be a bubble burst but there a few things I can say:
1) when bubbles burst, it's not usually when "the news" come out - there is a period where investors are all still trying to self-justify their narrative "this will pass, right, this still has value, right?"
2) there is no doubt tether is commiting fraud - if it significantly affects BTC price is something left to be seen

>>26009613
2.5 is obvious stalling

>>26010944
How?
You do know there is constant back and forth between the NY AG and Tethfinex, right?

Most of those pages are probably complete lists of transactions for reference.

>>26010977
Don't worry anon. The retards on this board are all clearly educated lawyers who know everything about how an investigation works. It's hilarious seeing them think 2.5 million pages is "delaying". These are the amounts of documents provided over YEARS of communication.

>>26011253
They're probably thinking of some court show or movie where one party submits a ton of docs at the last moment before a court session.

>>26011253
>>26011310
2.5 GORILLION are you fucking kidding me

>>26011349
I work on court docs all the time as a translator, and the annexes are very often just complete transaction logs for bank accounts over many decades.

NOT THE MEME LINES

>>26011423
Based, so now the NYAG can compare Tether issuances to actual capital inflow.

the tether fud did not happen as promised

tether fudders have moved on to why the printers are now 0

>>26008946
3 days ago you absolute retard

btw, Chainlink fixes this Tether problem with Proof of Reserve.