[ 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: 6 KB, 200x200, 1513190023913.png [View same] [iqdb] [saucenao] [google]
5057844 No.5057844 [Reply] [Original]

>75 million tether printed in the last 2 hours
that makes 125 million the past day

>> No.5057860

>>5057844
LTC, ETH, BCH are all mooning because smart money is ditching bitcoin right now.
Only thing keeping it up right now is tether, the house of cards will collapse soon.

>> No.5057873

>>5057844
Where can you track how many Tethers in total are they printing?

>> No.5057884

>>5057873
http://omnichest.info/lookupadd.aspx?address=3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL

>> No.5057888

>>5057860
you want to have nothing in crypto when it does however.

>> No.5057890

http://omnichest.info/lookupadd.aspx?address=3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL

fingers crossed it will be xrp :-D

>> No.5057898

>>5057884
Thanks. Holy shit they are printing like there is no tomorrow

>> No.5057913

>>5057888
not even in USDT?

>> No.5057923

>>5057860
This post is actually hilarious to anyone who ever followed a single undergrad economics course.

http://www.usdebtclock.org/

>> No.5057935

Fucking kek, we're up to almost a billion tether.

They're printing themselves into a top 10 coin.

>> No.5057944

>>5057888
Nah, you wanna hold xrp and go shopping for alts in the mayhem afterwards.

>> No.5057957

>bitfinex/tether assholes keep pushing their luck
>meanwhile nobody intervenes despite everyone knowing what criminal scum they are
>run bitcoin normy media campaign, celebrate 17k dollary bitcoin, the 20k dollary bitcoin...
>let the shit hit the fan
...and the crypto """problem""" is solved for another 2-3, maybe 5 years. wew lads.

>> No.5057990

>>5057935
We're approaching "This all happened because someone asked the question that should have never been asked: Where's all the money gone?" levels of stupid.

>> No.5058023

...aaaaand xrp just went ATH. :)

>>5057844

>> No.5058026

Isnt the whole point of crypto to get away from magically printed money?

>> No.5058041

>>5057957
Question is, how much can they push it before we go south for a year?

>> No.5058046
File: 78 KB, 640x631, 1b23701e8fd396b42cf5406dcfba51cc9ea59d249771aba2ef382cf8cdc6e072.jpg [View same] [iqdb] [saucenao] [google]
5058046

>>5057957
CME shorts coming on 18th, next difficulty adjustment on 18th (+15%), last one that went up 18% caused a 200k ath mempool. If the miners bail on the 18th bitcoin is toast. Look for mining profitability increase for BCH.

>> No.5058066
File: 602 KB, 963x720, que.png [View same] [iqdb] [saucenao] [google]
5058066

>>5057844
Where the fuck can I short tether with loads of leverage?

>> No.5058097

>>5057860

Bullshit. There are enough people who buy every BTC dip.

>> No.5058132
File: 1.92 MB, 400x225, 1513065472100.gif [View same] [iqdb] [saucenao] [google]
5058132

>>5058097
And those cunts will get rekt if it's piled on by short selling and a chain death spiral.

>> No.5058135

>>5057990
Actually it was

>Well why did it happen so suddenly?
>Because some idiot somewhere asked a question that should never have been asked!
>Which was what?
>Which was "How much are these things worth?"


https://youtu.be/9z70BKwfSUA?t=775

>> No.5058148

>>5057844

You guys do realize that:

- a lot of money came in
- high demand for USDT
- USDT price was @1.08 USD

>> No.5058160

>>5058046
what are you talking about? There is no difficulty on the 18th for Bitcoin, it already happened on the 10th.

>> No.5058169

>>5058132

Short squeeze.

>> No.5058193

>>5057844
Look I've been thinking about this whole tether thing. How about this:
>Normies flood into coinbase
>A quarter of them get wise and send to Tether-based exchanges to fuck around and make more money
>This requires Tether to provide additional liquidity
So yes, Tether is printing lots of money, but don't act like nothing has changed recently in the crypto world.

>> No.5058217

>>5058148
>USDT price was 1.08 USD
This.

>> No.5058234

what happenes when number of tether crosses number of usd in the world ? will the jews print more usd?

>> No.5058254

>>5058066
finex probs

>> No.5058282

Their printing tether to keep it at $1 since it mooned to $1.07

>> No.5058376

>>5057844

Tether could get destroyed if BTC or LTC has a major correction. If you want dollars, hold dollars in a bank account, not this.

t. Reserve Primary Money Market Fund from 2008

>> No.5058393
File: 50 KB, 600x820, makesmydickhard.jpg [View same] [iqdb] [saucenao] [google]
5058393

>>5057844

The pump continues!

Tether related

>> No.5058840

>>5057844

Where is the secret service when you need em?

THEY'RE COUNTERFEITING VIRTUAL USD YOU FUCKING GOVERNMENT SHILLS.

Screencap this.

>> No.5059357

>>5058041
how far can the usd go? tether is the same scam on a different level.
it might never collapse