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15811197 No.15811197 [Reply] [Original]

they have been printing stable coins like crazy for last several days. Are they preparing for something big?

>> No.15811209

>>15811197
That's actually really bad. Mean massive dumps are on the way if Bitcoin hits 7700 below.

>> No.15811229

>>15811197
>>15811209
printing means there is demand for USD means down side is coming. burning means there is less demand for USD. however they burn and replace too. it's a little confusing at times. the trend atm is down soo no ub and if it does go ub it'll more than likely dump.

>> No.15811237

>>15811209
This, they are prepping for the mass move to stable coins/cash. We have been stagnant at this level for too long without any significant move up or down. Looks like down it will be.

>> No.15811258

Yes they need that amount to pay your mom, the giga whore

>> No.15811296

They're printing tokens because bitcoin is going to $50k and they need lots of liquidity. Bears BTFO

>> No.15811310

>>15811296
Not quite how it works anon...

>> No.15811321

>>15811229
They're responding to already established demand not future demand. This is the response to the dump.

>> No.15811325

Stablecoins are about to get heavily regulated by the SEC, if not outlawed; exit scam in the making. See you at 150 bucks a bitcorn

>> No.15811354
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15811354

>>15811310
is it?

>> No.15811362

>>15811325
SEC doesn't regulate the world. Nice try Americucks.

>> No.15811383

>>15811362
no shit, lots sec bullshit talk thrown out here today

>> No.15811446

>>15811362
Not just the sec, EU too
the faith of stable coins will be decided at the G20 next year at latest, probably earlier. And with centralized administrative bodies around the world getting cold feet regarding THEIR stable coins, I wouldn't bet on tether and company being around by next year
https://www.fsb.org/wp-content/uploads/S031019.pdf

>> No.15811476

>>15811446
seems like bitcorn and eth would be regulated before stable coins kek

oh thats right, nevermind

>> No.15811485

>>15811446
All major currencies will be available as crypto tokens backed by their governments in 5 years. Those that want to trade against something neutral will trade against BTC which will make it the effective world reserve currency.

>> No.15811579

>>15811485
delusional
that is like saying every company will have pcs in 1975. also btc. TOP KEK

>> No.15812184

>>15811579
There's no reason to wait since these tokens don't need strong decentralization. Small countries will do it within the next 2 years with great success and the major nations will follow.

>> No.15812399

>>15812184
like who? The only small countries that would come into question are EU cucked. Stop deluding yourself, there is no economically rational reason to do this and the least pegged against btc, a legacy shitcoin controlled by chinese miners mainly using it to get capital out off china

>> No.15812461

>>15811446
what do they mean by 'financial stability' with stablecoins? Is that elite speak for controlling the peasants?

>> No.15812626

>>15812399
>pegged against btc
That's not what I'm saying. The Icelandic Króna isn't pegged to the Euro but it's most traded in that pair by the central bank. If Iceland has a neutral alternative that doesn't benefit any one nation over an other like BTC it's in their interests to use that as a large part of their reserve instead of EUR/USD. The reliance on foreign currencies is a threat to national sovereignty, a threat BTC neutralizes.

>> No.15812677

>>15812626
There it is again. You buttcoin maximalists had 10 years to develop your legacy dlt and all you managed were scams and low quality marketing to scam more, and of course the forks. No administration is going to even consider for a second to somehow have the corn involved in any national currency. Go be deluded on twitter, bitcoin tweets are on an all time low since 2015

>> No.15812832

>>15812677
It's funny how triggered you get just by the idea of people being independent of the systems you worship. You didn't say anything but call me a poopy face.10 years of reliability with high stakes but no secondary oversight systems, completely unheard of.

>> No.15812870

>>15812832
>10 years of upper middle class chinese getting capital out off china
ftsfy lolbert. Btw, 2004 called they want their Ron Paul stickers back

>> No.15812891

>>15811197
i agree
either they're fucking with us and they're just doing it before a massive dump
or we're literally see a massive pump like never before
i want to believe we're going to moon but who the fuck knows
USDC (which is CB) has been minting these like crazy, this is legitimate and this really gives me hope

>> No.15812901

>>15812870
>btc is useless
>chinese used it for 10 years

>> No.15812919

>>15811229
this gay and stupid
have you ever used CB? bought USDC?
u only buy when you want to buy Crypto, its extremely bullish