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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 9 KB, 514x442, USDT USD.png [View same] [iqdb] [saucenao] [google]
7017151 No.7017151 [Reply] [Original]

HAPPENING

>> No.7017172

>>7017151
Oh fug

>> No.7017186
File: 13 KB, 367x321, 1501616458878.jpg [View same] [iqdb] [saucenao] [google]
7017186

MINISTER YOU SATOSHI

>> No.7017210
File: 50 KB, 1088x812, usdt market cap.png [View same] [iqdb] [saucenao] [google]
7017210

LOOK AT THIS SHIT /BIZ/

NOT EVEN JOKING

https://coinmarketcap.com/currencies/tether/#charts

>> No.7017213
File: 114 KB, 686x908, 1515906087857.jpg [View same] [iqdb] [saucenao] [google]
7017213

true if big

>> No.7017221

SHIT

>> No.7017223

I CANT CASH OUT

>> No.7017225

>>7017210
well they did print 600 M ...

>> No.7017318
File: 7 KB, 650x366, gandalf.jpg [View same] [iqdb] [saucenao] [google]
7017318

Crypto was fun while it lasted.

>> No.7017347

>>7017225
>well they did print 600 M ...
that explains why their market cap just mooned.............................

>> No.7017354

HAHAHAHA DIE BITCOIN

ETH SHALL RISE

>> No.7017575
File: 1.34 MB, 295x255, 1504091218819.gif [View same] [iqdb] [saucenao] [google]
7017575

>>7017151

AHAHAHAHAHAHAHAHAHAH

YOU WEAK HANDED FAGGOTS DESERVE THIS. I HOPE TETHER RUINS YOU!!!

AHAHAHAHAHAHAHAHA

SERVES YOU CHEATING FAGGOTS RIGHT!

>> No.7017626

>>7017151
is that real

>> No.7017629

>now it's only worth 99 cents instead of one dollar!

Blown the FUCK out

>> No.7017649

We're witnessing the untethering.

>> No.7017656

>>7017629

>peg your currency
>currency isn't actually pegged

>> No.7017671

people realized asian fud doesnt have the same effect it once had,
so now they're going all in on this tether doom fud

yawn

>> No.7017675
File: 44 KB, 358x262, 1516506983866.png [View same] [iqdb] [saucenao] [google]
7017675

>>7017649

>> No.7017699

>>7017151
if i had 1 billion dollars invested in tether right now i wouldve lost 1 million dollars

>> No.7017749

>>7017699
Looking at the liquidity you'd lose way more than that.

>> No.7017780

>crashing the market as Burgers sleep
lmao

>> No.7017781

>>7017213
sauce?

>> No.7017790

Aaaand it's back up.

>> No.7017811

>>7017675
nice, keep 'em coming

>> No.7017826

>>7017151
Oh look it flash crashed a couple of % wow.

>> No.7017843
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7017843

>>7017151

AHH YESH, I WAS WONDERING WHAT WOULD BREAK FIRST

>> No.7017855

>>7017354
Does the fire rise?

>> No.7017870
File: 35 KB, 239x195, tinject.jpg [View same] [iqdb] [saucenao] [google]
7017870

Is it like this or is life support more appropriate?

>> No.7017896

>exchanges are frozen

ITS FUCKING OGRE

>> No.7017931

Can someone give me the basic rundown on why tether is so important? We got along fine without it for years. How is it propping up btc?

Sorry, I'm seriously a brainlet.

>> No.7018013

>>7017855
U U
U U

>> No.7018075

>>7017931
Cashing out to USD can only be done on a few exchanges and you have to pay taxes each trade
Cashing out to USDT can be done on most exchanges and you don't have to pay taxes

>> No.7018147

>>7017870
Nah, that's more appropriate. Tether is worthless and only has a short term affect.

>> No.7018158
File: 253 KB, 762x600, 1508474606636.jpg [View same] [iqdb] [saucenao] [google]
7018158

>>7017855
apparently it is

>> No.7018170

don't buy the tether dip, clearly this is a dead cat bounce

>> No.7018228
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7018228

>>7017931
brainlets think 2 billion dollars matters in a 584 billions total cryptocurrency market cap. It's not important even if tether IS a scam. The biggest hit it can make is scare btc price down below $10k temporarily.

>> No.7018270

>>7018228
brainlets still don't understand the meaning of marketcap

>> No.7018304

>>7017575
You realize the whole of 2017 gains for ALL crypto has been spiked by Tether.

>> No.7018317

>>7018228
>monopoly money pumped by monopoly money

HODL, amirite?

>> No.7018325

>>7017699
do the math, every $.01 would be a 10 million loss.

>> No.7018338

>>7018228
Two billion Tether VOLUME.

>> No.7018363
File: 10 KB, 263x192, ooooh nooo that sucks.jpg [View same] [iqdb] [saucenao] [google]
7018363

>>7018304

HELLL NO. NORMIES SPIKED IT!! ITS ONLY WHALES AND TRADERS THAT USE TETHER DAILY.

FUCK YOU AND YOUR KONAMI CHEAT CODE.

>> No.7018790

>>7018228
stop trading. you apparently have no idea how liquidity and volume matter

>> No.7018930

>>7018790
average /biz/nessman