[ 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: 41 KB, 740x714, tether falling.png [View same] [iqdb] [saucenao] [google]
49829324 No.49829324 [Reply] [Original]

1 Tether is now worth only $0.996. For some time now the Tether price has been decreasing. Yes the Tether price always jumps around a bit, but it has been steadily falling for some time now. Picrel.

>> No.49829431
File: 22 KB, 460x397, 1640513842249.jpg [View same] [iqdb] [saucenao] [google]
49829431

>>49829324

>> No.49829450

>>49829324
>load the tether fud again

>> No.49829472

pee pee poo poo

>> No.49829489

>>49829324
They are selling tether for bitcoin fuckin retard

>> No.49829593
File: 49 KB, 960x611, Screenshot from 2022-06-19 21-21-23.png [View same] [iqdb] [saucenao] [google]
49829593

Look at the marketcap of tether for the last month.
Someone is withdrawing 1B every day, and crypto is crashing (probably tether selling assets to have money in bank). Yesterday tether did not redeem more than 100M and today the market was green.
Coincidence?

>>49829450
Everyone knows Tether will collapse. We just argue when.

>> No.49829631
File: 31 KB, 952x367, Capture.jpg [View same] [iqdb] [saucenao] [google]
49829631

zoom out

>> No.49829659

>>49829593
meds

>> No.49829671

>tether fud
bottom is in

>> No.49829817

>>49829659
It's not a crazy idea.
Tether is on the red. I will even explain how they got there.
>you give 1 dollar to tether
>tether mint 1 USDT, a token that they swear it will always be worth 1 USD
>instead of holding this 1 dollar, and consequently going bankrupt because you don't make any money to cover you expenses, tether re-invest this 1 dollar
>tether invest your 1 dollar in high risk, high profit investments, such as crypto
>tether people are not stupid, they put your money in many baskets
>then all cryptos start to lose value
>the assets brought @1 USD now are worth something like 0.35
>they still own you a dollar

Yeah, I know not all assets are crypto, tin fact, half of it is treasury bounds (allegedly from the USA government), the problem with them is, if you sell them before they mature, you are not making money...

You see where I want to get?

>> No.49829909
File: 9 KB, 258x195, 1650777958311.jpg [View same] [iqdb] [saucenao] [google]
49829909

>>49829659
>a "meds" post
Huge red flag that OP is correct. Holy shit.

>> No.49829928
File: 223 KB, 1344x541, Screenshot 2022-06-19 at 18-52-22 USDD-USDC Buy Sell and Trade USDD_USDC KuCoin.png [View same] [iqdb] [saucenao] [google]
49829928

>OH NO TETHER
>MEANWHILE USDD IS CRASHING

>> No.49830000

>>49829928
USDD has a market cap of less than 700M.
Tether was redeeming 1B a day...

>> No.49830002
File: 172 KB, 336x333, KMytWPu7fQTutZpmrcV5gpgwjdU8c-gSHt4mPcLRcg0.png [View same] [iqdb] [saucenao] [google]
49830002

>>49829659
>meds

>> No.49830032

>>49830000
They are being taken out in a specific order. Next goes USDD, USDT will be last until only USDC is left standing.

>> No.49830081
File: 229 KB, 512x512, 1655595767612.png [View same] [iqdb] [saucenao] [google]
49830081

>>49829659
>meds

>> No.49830141

Tetherfud is the most mongoloid nothingburger of all time

>> No.49830250

>>49830141
Tether is 3x bigger than Terra. Crypto still did not recover LUNA crash.

>> No.49830401

>>49830081
https://files.catbox.moe/npib6a.webm

>> No.49830413

>>49829817
>>49829909
>>49830002
>>49830081
>0 meds taken
sad, such is life of a tether truther

>> No.49830433

>>49829659
Cope

>> No.49830459

>meds, meds meds
Is our equivilant of redditards calling anything they dont like "fud". It just means you cant defend your position with facts. Tether collapse eow

>> No.49830505

>>49830433
cope
>>49830459
there has been tether fud since 2014. literally none of it has come true. unironically take your meds

>> No.49830527

>>49830505
>there has been tether fud since 2014. literally none of it has come true. unironically take your meds
There has been fud about Bernie Madoffs investment fund for years but line keeps going up so it must be f-ACK

>> No.49830557

>>49830505
>there has been tether fud since 2014. literally none of it has come true. unironically take your meds
There has been fud about bear sterns since 2000 but line keeps going up so-ACK
There has been fud about Enron since 1996 but line keeps going up so-ACK

>> No.49830609
File: 22 KB, 400x400, bog 6othuptvbv741.jpg [View same] [iqdb] [saucenao] [google]
49830609

>>49829324
dump it

>> No.49830613

>>49830527
To this day, there is people who claim that Madoffs ponzi scheme was not a ponzi scheme...

>> No.49830755

>>49830527
>>49830613
everything is called a ponzi by some schizo, just because some are sometimes right doesnt make everything a scam

>> No.49830790

>>49829324
The bank run has already started

>> No.49830872

>>49829324
>not holding actual dollars but taking on counter party risk to hold something that's pegged to dollar denominated assets
holy kek. why not give jew mcnosestein more free money while they make yield while you take on all the risk. you better be from lebanon or argentina otherwise this shit is retarded

>> No.49830921

>>49829817
this but it's not half in treasurys, it's in treasurys + corporates. if there's ever a run on tether, tether will have to liquidate its bond purchases which are most certainly below part value at this point.

whale jews know this and will eventually go after it. top fucking kek.

>> No.49831015
File: 48 KB, 579x692, ndfgnn.jpg [View same] [iqdb] [saucenao] [google]
49831015

>>49829593
based off my calculations, if this continues,
tether will be at zero by September

>> No.49831124

Tether can't keep Fucking taking these hits! All the money is slowly getting taken out!

>> No.49831155

>>49831015
September is assuming they are fully backed and can take these billion per day withdrawals with no issues. Lol. It will be long before that when someone withdraws and they get an "error" screen. Thats when Tether is dead

>> No.49831707

>>49829817
it's exactly the same thing that happened with money market funds during the GFC. It's the same fucking scam over and over and over and over and society never fucking learns, that's why I have no sympathy for all these two digit IQ onions boys losing their life savings.

>> No.49833201
File: 216 KB, 1149x832, 1633668313492.png [View same] [iqdb] [saucenao] [google]
49833201

>>49829472
POOPOOPOOPOO
MMMM...

>> No.49834823

>>49829324
wtf it's real

>> No.49834852

it's been off peg since LUNA, even if only a little
people know it's a sham, but nobody wants to be the one to shout "FIRE!"

>> No.49834875

>>49829593
another 250 million redemption a couple hours ago

>> No.49834971

>>49829450
>pay $1 for a thing whose sole purpose is to be worth $1
>get a thing whose value is less than $1

Literally jewery.

>> No.49834989

It's called shrinkflation. Deal with it, Chuds.

>> No.49835026

>>49829324
>>49834823
can confirm
what is this fuckery? stablecoins are meant to be fucking backed 1:1
why do i keep getting SCAMMED

>> No.49835058

>>49829593
Everything I read about tether makes me believe the entire market is controlled by them. How come they haven’t been investigated yet? Probably has the deep state cabal/WEF involved.

>> No.49835211

>>49835058
when tether dies, the music stops
bitcoin goes back to selling for three figures
nobody wants to investigate them because they're load-bearing

>> No.49835490

>>49835026
>what is this fuckery? stablecoins are meant to be fucking backed 1:1
we FUCKING TOLD YOU EVERY DAY FOR YEARS THAT TETHER ISN'T BACKED
THAT'S why you keep getting scammed. You either do not listen or have a complete inability to retain information in any meaningful way.

>> No.49835543

>>49835490
seriously, this fucking video is a year old
https://www.youtube.com/watch?v=-whuXHSL1Pg

>> No.49835653
File: 110 KB, 1280x720, 56724526.jpg [View same] [iqdb] [saucenao] [google]
49835653

>releaze ze tether fud
You morons are supposed to buy if it drops.