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/biz/ - Business & Finance

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6651483 No.6651483 [Reply] [Original]

Muh prints 100m, muh prints 100m, muh prints ANOTHER 100M.
> it's over, they're fucking it up and aren't even hiding it.

>> No.6651509

>>6651483

yup. they going all out now. no fucks given

>> No.6651566

>>6651483

It's almost as if... i-if if they can print as much as they like.

>> No.6651609

>>6651483
Can someone explain to me what this means if I don't use Tether?

>> No.6651667

>>6651609
bitfinex gonna go big boom soon

>> No.6651678

Why is it so hard for /biz/tards to understand how Tether works? It's not even that complicated. These threads are just shitposting at this point.

>> No.6651679
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6651679

>>6651483
Nobody gives a shit anyways: they know that we know that they are scammers but that we are okay with it because they are keeping the price up.

My only concern is what will happen if there is a bank run and people starts cashing out or moving coins from Bitfinex. That would be a fucking doomsday for sure.

>> No.6651713

>>6651609
Tether is going to crash this market with no survivors

>> No.6651761

>>6651609
They are printing fake money, but they got to back it all up, that's why tether would be safe when everything crashes. The fact is, they dont back it up. They are literally printing 100mills of thin air. Printing this much isnt realistic anymore, it confirms it being a scam.

>> No.6651794

>>6651667
How though? Because it’s not backed by actual dollars? Why does that matter since you need to BTC/LTC/ETH to cash out?
It’s all fake internet money

>> No.6651825

>>6651678
Shitposting, how exactly is this shitposting anon? You think they got an endless amount of money > oh wait, they do because its fake.

>> No.6651851

>>6651761
It doesn’t matter because you can’t cash out directly from tether. Tether is backed by your money when you sell your bitcoin for it

>> No.6651929

> Be group of whales
> Make billions in crypto collectively
> Withdraw
> Market 'crashes'
> Use small percentage of profits in Tether to keep market alive when it dips
> Whales continue to get richer

Is this how it works?

>> No.6651946

>>6651483
letirally just bought 100k

>> No.6651993

>>6651483
It means it’s overvalued you idiot. Why do you think they are printing?

>> No.6652008

>>6651851
It does matter, they print fake money to buy 100m of bitcoin.

>> No.6652057

>>6651993
You're a fucking idiot, when they print they got to back it up, they actually need 100m usd to back it up.

>> No.6652079

>>6651993
yea it was at 1.04 or somthing like that. I dont see an issue here.

>> No.6652336

Of course they gained almost half a billion dollars during the crash. It's backed by fiat don't you know :^)

>> No.6652356

450m printed this week alone?

>> No.6652408

>>6652336
> it's backed by fiat HAHAHAHAHA
> fuck outta here normie.