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/biz/ - Business & Finance

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15171309 No.15171309 [Reply] [Original]

TA is shit, fundamentals are shit, hype and guessing is ok but still shit.

The most important thing in this market right now is pic related. There is no stopping this train until the 90 days is up and usdt becomes illegal

>> No.15171474
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15171474

>>15171309
there's still no date on the hearing tho, 90 days is the maximum amount of time they could settle this much sooner for all we know
I think tether is a scam but it wont get shutdown, they just don't have the authority

>> No.15171523

>>15171309
gay and bitfinexd pilled

>> No.15171573

tether can't be shut down.

>> No.15171691

>>15171573
It can lose peoples trust and that's just as bad

>> No.15171728

>>15171309
> Dark Tether
Unironically bullish for BTC

>> No.15171736

Why they don't print tether in the monero blockchain?

>> No.15171862

>>15171573
tether can't be cashed out soon
backed by 70%, maybe by 60% by now and 50% by eoy
just a matter of time

>> No.15171910

Both Liquid and Tether are means to cheat the market and basically print money. Will be interesting to see Blockstream and Bitfinex to get the long dick of the law on this.

>> No.15171926

>>15171862
> 50% capitalized
So it's capitalized 4-5x better than any bank.
Uniroincally bullish.
1:1 Capitalizaiton is a meme. Binance isn't even 1:1 capitalized as we learned in the last "hack" and shares liquidity pools with other exchanges which means they're not 1:1 capitalized either.
This is a sign of BTC joining mainstream finance.
If you hold BTC you will win.

>> No.15171946

>>15171573
All of it’s fiat gateways can be shutdown. What then faggot?

>> No.15172037

>>15171926
except bank will actually get the money from central banks, finex doesn't have any funds to give you
it's probably closer to 20% backed anyway, when the MC was 2.5B tether it was proven that 800M were missing so they calculated that is was only 70% backed but they never proved the rest of the money was there either

>> No.15172112

>>15171946
a lot of people entering crypto dont plan to go back to fiat. chinese traders already dont care if tether is backed or not. its function is to move liquidity around the world fast. those who can cash out their tethers dont plan to.

>> No.15172149

>>15171862
What are you smoking? It's 100% backed now after their LEO ico.

>> No.15172170

>>15171926
>and shares liquidity pools with other exchanges
Absolute bullshit

>> No.15172183

>>15172149
source: trust us guys, dont verify

>> No.15172189
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15172189

>>15172149
> there's peoples who actually believe this

>> No.15172224

BLOCKSTREAM JEWS AHHHHH

>> No.15172273

>>15172170
Wrong.
Binance hack revealed they were sharing liquidity between multiple exchanges.
What the hell do you think liquid is for anyway?
It masks liquidity pools between exchanges so people can't trade off whale alerts anymore. Dark Tether is real and if you have strong hands and hold BTC you will profit. (((They))) want your BTC and they're going to hide their games with Dark Tether.