[ 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: 85 KB, 552x550, DD0E5928-44CC-470F-9CC3-BC45C62DD300.jpg [View same] [iqdb] [saucenao] [google]
5095315 No.5095315 [Reply] [Original]

Why is it that everytime a Bitfinex Tether thread is posted, a bunch of shills immediately defend muh Bitfinex and claim that skeptics are tinfoil hatters?

You do realize that the strategy shills employ on social media accounts to discredit skeptics is by claiming that they’re conspiracy theorists and using Ad Hominems right?

Clear your mind, Wells Fargo already severed ties with Bitfinex and the fucktards dont even want to disclose their “banks”.

This is going to be larger than the Mt. Gox scandal, and you oldfags know that this will destroy crypto.

t. Not Bitfinexed

>> No.5095344

>>5095315
she looked better before

>> No.5095367

why would it implode?

>> No.5095374

>>5095344
Unironically this

>> No.5095376

>>5095315

>tether printing money
>money flows in btc
>price shoots up
>money spills over into alts
>entire market enter huge bullrun backed by fake funny money printed out of thin air by tether

You're right, this will absolutely raze the market to the ground at some point. But, I have a feeling the game won't be up for at least a few months. Until then, there will never be a better time to make quick easy money than now.

>> No.5095404

way better without makeup

>>5095315
THis board is mostly redditors now

>> No.5095411

>>5095344
this.

>> No.5095443

>>5095315
its not too late brother. instead of being salty you can just buy some btc, there's still time

>> No.5095503

>>5095376
>But, I have a feeling
Ahh... Nothing like feelings.

>> No.5095536
File: 106 KB, 571x852, 1508775170775.jpg [View same] [iqdb] [saucenao] [google]
5095536

>>5095344

>> No.5095577

>>5095344
This.

>> No.5095605

GTFO with the tether bullshit. It's getting boring.

>> No.5095616

Because it's retarded paranoia. As the price goes up BTC and the general crypto markets there needs to be more USDT in the market to account for that and actually trade

>> No.5095733
File: 431 KB, 640x478, 1509305216551.png [View same] [iqdb] [saucenao] [google]
5095733

>>5095344
fpbp

>> No.5095836

>>5095344
fpbp and dubs. Can't get truer.

Also, cover your ass in crypto. You can't be complacent with this stuff when it's so cutting edge and people will take an opportunity to screw others over anonymously.

>> No.5095878

>>5095616
Yes yes anon - hodl btc and tether :))))

The polish credit union that these morons claim to have $1b+ USD in has $100m in total assets hahahaha get fucked

>> No.5095940

>>5095878
>hodl btc

BTC is ass an I'm just holding it until a real successor shows up. Tether won't kill BTC before it kills itself

>> No.5096376
File: 122 KB, 600x412, 1512664769992.jpg [View same] [iqdb] [saucenao] [google]
5096376

>>5095616
I used to think that.
But it's actually not the case and it's pretty simple.
Bitfinex prints tether, buys btc with those tethers (yea, you can blame faggots willing to sell their btc for fake money but whatever) then there is an arbitrage to be made between the btc-usdt and btc-usd pairs which drives the price up in the end, the same can happen with every other coin that has a usdt pair, and eventually the entire market follows along with prices, I'm not saying it'll crash to 0 tomorrow, but this recent bullrun for sure is enhanced by something more than just normies

>> No.5096544

>>5095315
people dont want to talk about the bad side of things
talk to much about the bad stuff then people lose money

>> No.5097281

>>5095315
I want the one on the left

>> No.5098034

>>5095344
this