Let the joke ride on

[Anonymous No.14839540]

right at resistance
HONK HONK

[Anonymous No.14839560]

>>14839540
God fucking DAMMIT

[Anonymous No.14839640]

>>14839540
anyone who believes that tether is legit is in for a surprise lol.

imagine being a huge whale, 1 bil net worth. buy up btc all day, then tell tether you're sending 50 mil over right at resistance. normies buy, you dump everything and withdraw the 50 mil.

tether is 100% a scam at this point.

[Anonymous No.14839641]

CMC has not updated yet but tether has crossed the 4B coins mark

[Anonymous No.14839649]

>>14839540
JUST PRINT MORE LOL

[Anonymous No.14839735]

>>14839649
holy fuck, why has no one fucking put a cap on their ass? They are going fucking bonkers and bringing us all down with them wtf

[Anonymous No.14839747]

>>14839640
they only printed 50M tho, you can feel the fear, they know it's fucked but they can't help themselves, it's free money

[Anonymous No.14839761]

>>14839649
The next bear market will be initiated by Tether imploding.

[Anonymous No.14839774]

This won't end well.

[Anonymous No.14839824]

>>14839649
Once you buy btc and it shows signs of shitting the bed do you immediately sell for usd and pay the fees or do you pull out into tether?

[Anonymous No.14839851]

>>14839824
It doesn't make a difference, really.

[Anonymous No.14839887]

>>14839824
depend what exchange you're on, most peoples would want to get back into fiat but lot's of exchanges don't have the right to use fiat pairs so they use Tether instead
where are you going with this ?

[Anonymous No.14839897]

>>14839747
so accurate

[Anonymous No.14839932]

>brainlets think 50 millions are a big deal when daily volume is in the billions

[Anonymous No.14839998]

>>14839932
you can do a lot buy at the right time.
most trader look for retarded signal ,where the price close above a certain level, to buy in
it's hard to believe but yes your can move the market with very little if you know what you're doing

[Anonymous No.14840311]

>>14839932
Are you fucking slow mate? The billions worth of volume is 90% wash trading with tether. Use your head for once

[Anonymous No.14840405]

>>14839640
No offense but you're too naive if you think a whale send 50 millions to tether. Its literally imaginary money at this point

[Anonymous No.14840453]

>>14839640
You’re the mope who hasn’t figured out what tether is used for yet

[Anonymous No.14840482]

>>14839932
>What are wash trades
Actual trading volume is about 25% or less of what you see on the daily volume.

[Anonymous No.14840489]

>>14839540
Alot of these recent 50mm tether prints don't get moved to exchanges. (((they))) are building up a fund

[Anonymous No.14840513]

>>14840489
or paying drug dealers

[Anonymous No.14840680]

>>14840513
ain't gonna pay drug dealer in tether
the least they would take is probably btc and most likely fiat

[Anonymous No.14840721]

>>14840311
>>14840482
>wash trades
Oh, it's this schizo meme again

[Anonymous No.14840738]

Just opened a 100x long easiest money I ever made

[Anonymous No.14840762]

>>14840721
>its all real money buying bitcoins

[Anonymous No.14840787]

>>14840721
Boot licker spotted

[Anonymous No.14840815]

>>14839641
Market cap means nothing.

>>14839649
What's the fucking problem?
So long as everyone doesn't cash out their Tether at once, it works perfectly.
How do you think fractional reserve banking (the prevailing banking paradigm today) works?

[Anonymous No.14840816]

>>14840721
yes all these shitty scamy chink exchanges have real volume

[Anonymous No.14840849]

>>14840762
I'm not saying there tether is backed 1:1, they even admit it isn't, but the higher volume is clearly largely due to the fact that tether is accepted on more exchanges.

[Anonymous No.14840866]

>>14840815
>So long as everyone doesn't cash out their Tether at once, it works perfectly.
I can't wait for the 29

[Anonymous No.14840879]

>>14840816
Why does this even matter? Do you think normies are buying only because of fake action generated at obscure chink exchanges? Volume is way up on Coinbase, who don't accept tether at all, for example.

[Anonymous No.14840884]

bulls RN

[Anonymous No.14840944]

>>14839540
when there is buying pressure they need more usdt to fill the trading demand

[Anonymous No.14840977]

>>14839640
>whales hold huge orders in tether
No
Look at the order book for LINK on Binance. All the tether positions are small, scalp-tier position sizes.
>now look at the USDC order book or ETH order book.
There are huge position sizes in those cryptos waiting to trade for LINK.

If whales arent sitting in Tether to execute million dollar trades then that should tell you all you need to know. regarding the writing in the walk for Tether and by extension BTC.

[Anonymous No.14841036]

>>14840944
or you can create fake buying pressure by printing fake money and buying up the order book trying to create a normie fomo
but woops the normies aren't buying this time
and now you have a shit ton of btc no buyer and billions of un-backed tether, woops

[Anonymous No.14841039]

Redpill me on Tether /biz/

[Anonymous No.14841077]

>>14841036
and a 2 billion dollar loan
loaned to you by the chinese mafia

[Anonymous No.14841274]

>>14839824
I will hold in another stable coin like USDC and wait for the real bottom to buy it.

> BTC at $1000 without Tether

[Anonymous No.14841290]

>>14840738
Yikes

[Anonymous No.14841322]

>>14841077
I can't imagine how fucking scared the finex exec must be if this is actually anywhere truth
the NYAG can shut them down and possibly jail them, the mafia will just chop you up and feed you to dogs

[Anonymous No.14842367]

>>14839824
put it on USDC

[Anonymous No.14842425]

aaaaand here's the pump right as the market was about to roll over