/biz/ - Business & Finance

>load ze Tether fud again

if that was true bitcoin wouldn't have waited until an hour after the news about evergrande came out to dump, it would have happened yesterday.

>>55869545
A MT GOX DUMP JUST FLEW OVER MY HOUSE!

Ah yes, *wipes mouth with napkin*. Fresh Tether fud for the dip. Delicious

>>55869545
You do realize that if tether collapses it's over for the entire crypto market, right?

>>55869899
Make a new one. We made all that money up to begin with. Just do it again.

Tether holds most of their money in short term us treasuries and have been making a killing at 5%. Don't think they are holding much if any shitty chinese paper anymore.

>>55869545
would never believe it if you didn't post such solid proof

>>55869929
> unironically this
Normies call crypto: fake internet money, and yes it is. But so is all money. There’s no difference between $ and crypto money, it’s just easier and cheaper to move.

>>55869899
the scam market collapses
FUCK TETHER

>>55871091

One is backed by violence and fear, anon.

>>55871135
that's about to turn on itself

Tether will outlast the United States government calling it now.

Called it almost 2 years ago.. granted on /pol/ but still.. Feels good to be right and out before this mess.

>>55869545
They linked up?

>>55869545
>load ze tether fud
but master, it's not working
>load ze evergrande fud
master, it's still not working
>okay, load ze tether and evergrande fud

>>55871564
>MASTER HE THINKS THE TETHER FUD IS A MEME
>AHH YES, LOAD THE ACTUAL TETHER FUD NOW

>>55871135
violence and fear always destroys itself, anon.

>>55869545
Kek BDO auditors consider precious metals more liquid than bitcoin. Evergrande exposure is a nothing burger. 100% FUD

>>55869545
Their commercial paper values are under 50 million. It’s literal nothing.

>>55870982
>making a killing at 5%.
They're buying the dip with profits

>>55869545
holy shit the tether fud is real this time lmao. this is the big one boys. so tired now..better reeees....

they literally collapsed evergrande and all of tether and thus bitcoin just to keep link under $6

>>55872051
big if true

Tether are completely out of commercial paper though. They've been out of Chinese CP for even longer.

I'm a double down retard so today I threw more money into the lottery market

>>55872610
From 2021 when it became impossible to move? Because it's absolute shit?

>>55869899
that's not true at all

>>55872610
This. Ive never seen real evidence beyond twitter screengrabs of Tether having anything to do with CCCP and evergrande.

>>55871539
tether didnt crash tho kek

>>55874114
>line goes up forever
>that’s how investments work
you faggots don’t seem to understand that being early isn’t exactly the same as being wrong

>>55874261
tether copers are objectively wrong though

>>55869545
>laser eyes
>Aug 2023
>twitter posting this on 4channel

it's all so tiresome bros.

>>55874272
buddy you can convince yourself of whatever retarded nonsense you like. it’s not my money…

>>55869899
ah yes, because everyone would sell their tether for ethereum

>>55873973
They did admit to having a large-ish Chinese CP holding 2-3 years ago but claim to have gotten completely out and are now in short duration T-bills.
If any of their Chinese paper was Evergrande, at this point, it wouldn't matter at all.

>>55871539
not only did tether not crash, the largest offense is you screenshotted your own post, where you said 'calling it now', twice, and then now a third time while your posting the screenshot of your half assed prediction from 2 years ago.
so, not only were you, and are now, WRONG, you're also a massive faggot.

>>55869545
This might look like another tether FUD, but prefer to stay safe and diversify into different stablecoins which I'm staking on SpoolFi instead of holding only tether

>>55875005
I think the FUD now makes Tether stronger
>>55875228
I don't think Tether will fail, but it's good to diversify

>>55869899
yeah bro that's totally what happened last time when the stablecoins were shitting the bed and there was no certainty.
Crypto totally didn't go way up during the temporary depegging nonono nope that's not what happened at all.
Yeah, if your remove the shitcoin vs of the regular shitcoin (USD) that people park in while waiting for entries into crypto, and at the same time make the banks just as unsafe to park money in, yeah bro. People are going to run away from alternate forms of money.
Yeah bro.

>>55869899
Users would have already swapped to another stablecoin, no need for another Luna apocalypse. I for one would even store in a self-custodial wallet for security.

>>55869545
The reason why this exact thing WONT happen is because we have threads like these. When these threads stop, then watch out.

>>55871733
>Their commercial paper values are under 50 million
source?

>>55875738
Diversifying assets is based desu. I prefer assets that earn me passive income like the Dua LM pool on Alliance block or Ldo/Eth LM pool on Uniswap.