/biz/ - Business & Finance

[Anonymous No.12197803]

Pumping hundreds of millions of dollars of unbacked Tether to keep crypto above the 100 billion dollar mcap mark succeeded. Most crypto investors are either fools or looking for the greater fools, and the same tricks keep working.

But it won't work forever. Eventually, even if it takes several more years, the truth will come out. The more fake money that goes into the system, the less real liquidity there is for retail investor schmoes like most of us when we want to withdraw. And the CFTC isn't stupid... even if the average investor can't see what's going on, they know exactly what's going on with the manipulation. Because of this, they will not allow ETFs, which means current bag hodlers will not be able to dump on 401kfags.

What's more, once the top devs/miners like Block One and Jihan are done dumping their bags, I think there's a good chance they'll pull the plug.

Also, here is a hot Asian girl so you will read this.

[Anonymous No.12197820]

>>12197803
>Also, here is a hot Asian girl so you will read this.
you tricked me

[Anonymous No.12197848]

>>12197820
That chick is pretty hot and not too asiany. Big tits not too squinty eyes

[Anonymous No.12197994]

>>12197848
Either Korean with cosmetic surgery or photoshop

[Anonymous No.12198038]

>>12197803
Jokes on you I just saved the pic and didn't read your text wall. Brb gonna go take a number 3 and then continue shitposting in LINK threads

[Anonymous No.12198114]

I'm guessing the paid shill teams are reporting my thread, having problems with the captcha.

Remember when 4chan wasn't patrolled 24/7 by astroturfing/marketing/PR teams? Those were the good old days.

Wish we could turn back time
To the good old days
When our momma sang us to sleep but
Now we're stressed out

[Anonymous No.12198128]

>>12197848
called Korean you fucking basement neet

[Anonymous No.12198184]

>>12197803
USDT, TRUEUSD, USDC, some bullshit called PAX, that list will keep growing until this entire market is utterly destroyed and dethroned by a bunch of stable literal shitcoins.

[Anonymous No.12198214]

>>12197803
Yup, Tether is artificially maintaining the market so much higher than its worth, it hurts.
Gamble at your own risk, and cash out when it's not too late.

[Anonymous No.12198302]

>>12198184
You would think by now that people would question the 'stable' part when none of these coins can even keep their peg at $1.00. I wonder about the Tether 'alts' though... is there some special relationship each of those stablecoin alts have with certain cryptos? I don't see what's stopping them from doing the same thing Tether did. Unless they are regulated by an accredited body, absolutely nothing, as far as I can see

>>12198214
There are a lot of honest people that are going to get slaughtered on the way down. They'll try to cash out thinking they're tethered up and they have nothing to worry about, only to discover there's no liquidity left for exchanges to give them their money, and exchanges sure as hell aren't going to spend their own cash letting their customers withdraw

[Anonymous No.12198337]

That right there, will be the next crash. People think the bear market this year was bad but they have no idea. The thought actually scares me as I'm heavily invested in crypto.

[Anonymous No.12198456]

>>12198337
Just remember that if you wait to cash out until everyone else does, you are going to get caught on the way down. Remember what Buffet said: the wise man does in the beginning what the fool does in the end. There are going to be a lot of fools who wait until it's too late to cash out and they discover that their portfolio is ultimately just words on a screen that can't make the leap to a chequing account full of cash.

[Anonymous No.12199205]

>>12197803
Truth is already out and nobody cares.
We are gucci tho, here is your salvation.

[Anonymous No.12199231]

>>12198184
Everyone shits on USDC.
Its created and backed by Goldman Sachs and not some pedophile cowboy producer.
It's the only stablecoin with a big name in finance, outside of crypto, attached to it

[Anonymous No.12199246]

>>12198302
fuck off white bitch

[Anonymous No.12199260]

So you're just gonna hodl shitty rothschild fiat currency or rothschild stocks and call it a day?

https://www.youtube.com/watch?v=y1DSVIVsNIY

[Anonymous No.12199323]

>>12199231
>Its created and backed by Goldman Sachs
This is why crypto is failing: because most people out there apparently don't realize the whole point was to get away from Goldman Sachs. My god, don't you people get it?

>>12199260
False dichotomy argument. Just because A is bad doesn't mean that B is automatically the answer. If relative amateurs can manipulate crypto this badly, imagine what would happen if the pros finally got serious about it.

>>12199246
lmao, sorry

[Anonymous No.12199382]

>>12197803
>>12198114
>>12198302
>>12199323
These types of posts will no longer be tolerated on 4chan. Everyone flag this thread for deletion.

[Anonymous No.12199415]

>>12199382
Wow. Thanks for demonstrating my point about
>>12198114
>Remember when 4chan wasn't patrolled 24/7 by astroturfing/marketing/PR teams?

[Anonymous No.12199796]

[Anonymous No.12199977]

One more before I go to bed, because /biz/ is about fucking azn qts and making money.

[Anonymous No.12200007]

>>12199415
anon please upload your folder somewhere, you've got amazing taste

[Anonymous No.12200082]

Thanks Anon, have a treat

[Anonymous No.12200101]

>>12200007
Thanks fren. I'll tell you what: keep this thread alive, and when I wake up tomorrow, I'll post more.

[Anonymous No.12200320]

>>12200101
I'll do my best

[Anonymous No.12200547]

Bump

[Anonymous No.12200842]

>>12200547
>>12200320

I'm here for the azn qts too, bump

[Anonymous No.12200883]

>>12200082
who is she?

[Anonymous No.12200893]

>>12198184
>stable
>pegged to the (((federal reserve note)))
it's like you don't even know why bitcoin exists

[Anonymous No.12201068]

>>12197803
her name pls anyone?

[Anonymous No.12201086]

>>12200082

muh diiik