/biz/ - Business & Finance

[Anonymous No.19044492]

Remember this market is manipulated with fake money and will collapse in a blink of a eye, remember the -17% in ~15 minutes? we haven't seen the worse yet.

Thank you for playing, brrrr.

[Anonymous No.19044536]

Bears:
>market is HEAVILY manipulated
>tether is printing free money to pump it endlessly!
> shorts

[Anonymous No.19044589]

>>19044536
Also
>muh CME gap

[Anonymous No.19044630]

>>19044492
The problem is regulation. The crypto market is not regulated, there's no laws put in place hence why well known hedge funds won't touch or advise any of their clients to invest in crypto. There are many things the average person doesn't see, let alone have knowledge in how the Blockchain works. It's sad, truly sad because the ones whom know how to to play the market will excel financially meanwhile the average Joe loses a large sum. If regulations come along and Tether is put to stop it might unironically be the end of Bitcoin and other altcoins (by end I mean the market cap likely shrinked by 80%+).

[Anonymous No.19044683]

Tether manipulating the market is nothing new but most are unaware or in denial, but if you seek for the truth you should find.

Here's a good study on it: https://whartonliquidity.files.wordpress.com/2018/09/is_bitcoin_really_untethered.pdf

[Anonymous No.19044768]

Co-founder of Tether (USDT), William Quigley, said that it wouldn't matter if the cryptocurrency weren't actually backed by US dollars as long as everyone agreed to value USDT at one dollar. It's a matter of seconds and presses of buttons to generate new USDT into circulation.

[Anonymous No.19044838]

>>19044630
>>19044683
>>19044768
This, it's a matter of time before the whole market becomes obliterated.

[Anonymous No.19044963]

>>19044768
the fed of crypto

[Anonymous No.19044968]

finally a based thread

[Anonymous No.19045016]

>>19044683

you must be the newest of newfags to think that nobody is aware or people are in denial.

Tether is a scam dominated almost ALL conversation from April-September 2017, and the nagain from around January 2018 all the way till like mid 2019.

now again.

fucking faggot

[Anonymous No.19045036]

>>19044492
17%? I’ve hodld thru >85% three times. I know pain

[Anonymous No.19045167]

people buying into ponzi schemes without realizing it, it's literally bunch of unregulated DIGITAL CURRENCIES

[Anonymous No.19045266]

>>19044492
tether is the equivalent of bitconnect, promising financial independence with fake usd

[Anonymous No.19045331]

>>19044768
true and low IQs with muh tether conspiracies. it doesn't matter if they are backed. we just need a token we all agree acts like it's 1 dollar.

[Anonymous No.19045397]

>>19045331
it's not a conspiracy you dumbass, its his own words

>draw a painting
>have some1 evaluate it to 100m
>use it to back USDT with

yh you're retarded, it goes back to regulation nobody cares that tether is doing this because the big names they're working with get a nice slice of the pie that's for certain

[Anonymous No.19045508]

Who here has heard the news? You know what I'm talking about. I just want to confirm it.

[Anonymous No.19045564]

>>19045397
the level of redpillness and basedness surpasses the limits

[Anonymous No.19045601]

>>19045397
that is one instance, but very true lol

[Anonymous No.19045694]

>>19045397
nice insider

[Anonymous No.19046018]

they print over a billion almost every week

[Anonymous No.19046232]

>>19045508
It’s the ONLY topic on /z/ today

[Anonymous No.19046828]

>>19045508
yes btc $3k eom

[Anonymous No.19047788]

this

[Anonymous No.19048045]

>>19046232
link?