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File: 6 KB, 200x200, tether.png [View same] [iqdb] [saucenao] [google]
18285247 No.18285247 [Reply] [Original]

When is this fucking shitcoin finally collapsing, so that we finally safely buy bitcoin again? Everyone should sell all their tether to buy bitcoin to kill this shitcoin.

>> No.18285263

bear cope

enjoyed selling the bottom?

>> No.18285365

>>18285247
when bitcoin is made illegal tether will be one of the big reasons. but not till we're past 100k.

>> No.18285615

I actually bought at 5k and 1k in 2017 but I am scared to buy more simply because tether existing.

>> No.18286098

>>18285247
Care to elaborate?

>> No.18286151
File: 137 KB, 960x960, jews_1.jpg [View same] [iqdb] [saucenao] [google]
18286151

>>18286098
They are pretty much like the FED and print Dollar out of thin air and then buy bitcoin for the freshly minted Dollar. This drives demand for cryptocurrencies up. You can see this effect because everytime tether is printing 60Million$ bitcoin prices go magically up.

At this point I kinda think that this is the way the jews want to "tame" bitcoin. They are simply printing more tether until they own 90 of all bitcoin. Crypto was basically over the moment exchanges allowed tether pairs.

>> No.18286192

>>18286151
what kind of fud is this? I don't know what you're smoking but give me some.

>> No.18286288

>>18286192
Can you proof that the minted money is actually backed by real dollar? If you cannot. Fuck off you filthy jew.

>> No.18286332

Anon is right. This is an outright scam.

>> No.18286407

>>18285247
>5billion tether should just buy btc

imagine the pamp

>> No.18286440

4th highest marketcap now..wtf. 2 bil minted in the last couple of months

Crazy shit. How the fuck are they getting away with this? Is there excuse that the exchanges are buying this tether from them or what?

>> No.18286453

4th highest marketcap now..wtf. 2 bil minted in the last couple of months. This was scammy enough when it was ranked 30+ a couple of years back

Crazy shit. How the fuck are they getting away with this? Is their excuse that the exchanges are buying this tether from them or what?

>> No.18286483

>>18286288

take your meds

it's just a shitcoin to sell to bear in bullmarket

Obviously it isn't backed but real dollars are?

>> No.18286550

Un sujeto dijo quiero vender algo por Internet pero solo se puede vender audio video y documentos nada mas y esa mierda no me da ganancias quiero vender algo y creo el bitcoin una mierda que no vale absolutamente nada y que un montón de ingenuos le dieron un valor el creador se hizo rico multimillonario vendió toda la mierda y ahora vive en su isla privada los ingenuos que le compraron ahora tratan de resolver un problema de que si subirá o bajara y es todo mierda no se dan cuenta que están comprando humo un código que no tiene ningún valor real y piensan que se volverán ricos

>> No.18286665

you dont want crypto without tether, without it bitcoin real price will be around 300 dollars

>> No.18286669

>>18286151
all tether can't be printed out of thin air or it would have collapsed long ago
the question is what % are they fucking with
swing traders, margin fuckery and dodgy exchanges all use tether and can explain the size of the tether market cap

>> No.18286755

>>18286669
>doesn't understand money in the US

>> No.18286853

>>18286669
a ponzi scheme can go a long way ( 30 year for madoff ) as long as you don't have too many holder cashing out
as long as they can make BTC look bullish USDT holder will stay in the market

>> No.18287561

>>18285247
too big to fall, unironically.

>> No.18287612

>>18286151
>They are pretty much like the FED
>like
oh no no no he is unaware...
>They are simply printing more tether until they own 90 of all bitcoin
yes the fed wants to own all the world, bitcoin included

>> No.18287653

>>18285247
Has anyone successful cashed out tether to USD?

>> No.18287685

>>18285247
When the whole so called crypto industry is finally purged of scammers like CZ and Bitfinex.

>> No.18288483

>>18286669
If you cannot answer the "how much is printed" it does not really matter if its 100%, 90% or 50% foul tether. Tether is now the rank 4 shitcoin of all shitcoins the one with the second biggest volume. 20% is enough to totally make crypto a shit show joke.

>> No.18288514

>>18286453
>>18286440
'This.

At this point I think tether is actively used to damage crypto. Imagine being the person printing those tethers. You turn crypto into the same shit sheme central banking is.

>> No.18289703

>>18285247
i am very stupid and i would like someone to spoonfeeed me: why would a usdt crash cause a fall in crypto price? isnt the beauty of the design st the two are in seperation?

>> No.18289834

>>18289703
bumping this

>> No.18289955

>>18289703
because USDT is 70% of the traded volume
all that USDT volume would have to be handles by the other stable coin / fiat pairs, but there's just not enough
so you end up with 70% of sale volume with no counter buy volume

>> No.18289973

>>18286151
You're a brainlet you know that. When exchanges need tether to allow for leveraged trading when their reserves get low, Tether prints money and sends it to exchanges. It's money that is created just in case anyone wants to borrow against their crypto. The money is actually being used by leveraged traders.

>> No.18289979

>>18286665
>dont want crypto without tether, without it bitcoin real price will be around 300 dollars
no, Bitcoin's real price is WORTH-fucking-LESS while its jacked up 90%+ by this bullshit scam trash

>> No.18290006

>>18289973
How do you proof the exchanges do not buy bitcoin with the tether recieved?

>> No.18290031
File: 60 KB, 600x600, jesuswojak.png [View same] [iqdb] [saucenao] [google]
18290031

Remember, he died for you.

>> No.18290033

FUCK TETHER

>> No.18290330

>>18285247
Sure smells like buttcoin in here.

>> No.18290589

>>18289955
ok but why would a crash in usdt cause a crash in btc? usdt isnt usd? also btc market cap is 120+B usdt cap is like 6B? am i missing something?

>> No.18290715

>>18290589
no USDT isn't USD, and that's not how market cap works, market cap can be heavily inflated if there's no liquidity

>> No.18290762

>>18286151
keep it up, jew

>> No.18290892
File: 95 KB, 960x425, 1585025603281.jpg [View same] [iqdb] [saucenao] [google]
18290892

>>18289703
It is easy. All the pumps you see in btc are created by tether. Tether it's backed maybe 10% for real money. They haven't had an audition in years and the only audition they had was from an unreliable company. So tether pumps the market, retards fomo thinking it is due to organic interest and then they crash the market to make money by liquidating these idiots. The sad truth is that without manipulators like tether or willybot (which caused the 2013 bull run) this market would be nothing because nobody cares about crypto. Crypto does not solve anything nor is it useful. I wish it wasn't so but it's the truth

>> No.18291094

>>18285247
It's almost 3 years old. It is not stopping for any of the reasons you think it should have.

>> No.18291115

“Audit”, they don’t play music.

>> No.18292145

>>18285247
Tether is keeping money sitting at the exchanges ready to go back into crypto you little retard. You seriously think bitcoin would have higher value if there was no tether?