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19151525 No.19151525 [Reply] [Original]

>> No.19151560

>>19151525
90% of your brain is useless.

>> No.19151569

2020 still tether fudding, chinese fud soon?

>> No.19151575
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19151575

>>19151560
seething

>> No.19151582

>>19151525
90% of stock market is toilet paper now.

>> No.19152351

USDT is literally the same thing as USD, that's the crypto red pill.

>> No.19152434
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19152434

>>19152351

>> No.19152448

>>19151525
do you think the trillions printed by the FED arrives at the people? where do all the dollars go?

at least some will go into bitcoin, bankers arent smarter or more dumb than us. everybody knows this shit will blow up within the next 2 years

>> No.19152479

>>19152448
>do you think the trillions printed by the FED arrives at the people?
yes
>where do all the dollars go?
loans
retard

>> No.19152595

>>19151525
Scam coin backed by another scam coin (the USD). What are you gonna do about it, cuck?

>> No.19152661
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19152661

>>19152479
>loans
and the loaned money goes into the economy and john doe

>> No.19152682

>>19151525
Endless stream of fake coins. As long as we can cash out to FIAT, no one cares what, why and how the market pumps. no one cares about that shit anyhow. i want to buy a lambo not use those shitcoins in any way

>> No.19152698

>>19152661
>and the loaned money goes into the economy and john doe
no, the loans are given to the people or the companies that asked for a loan
brainlet

>> No.19152758
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19152758

>>19152682
>As long as we can cash out to FIAT
he doesn’t know

>> No.19152759
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19152759

>>19152698

>> No.19152792
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19152792

>>19152759
you actually think the FED makes money you brainlet? the private banks are the ones who actually make the money by loaning, yes private banks make money by loaning. yes, they can loan MORE than what they actually have.

>> No.19152803

>>19151525
Imma fact check this

>> No.19152816

So the fuck what

>> No.19152849
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19152849

>>19152792

>> No.19152864

>>19152682
how do I cash out to fiat from tether?

>> No.19152868
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19152868

>2017
DUDE BITCOIN is the currency of the future it's not backed by fake money like the dollar and the federal reserve
>2020
DUDE BITCOIN is an investment, not a currency. So what if it's pumped by fake money. That's exactly why you should go all in. You'd be stupid not to buy it!

>> No.19152900
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19152900

>>19152849
t.

>> No.19152908
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19152908

>>19152900

>> No.19152916
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19152916

>>19152908

>> No.19152947
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19152947

cryptotards:
> guys crypto is the future! fixed supply! muh FED bad! printer go brrrr! fiat worthless!
also cryptotards:
>KEEP PRINTING MORE TETHER BITFINEX GOD BLESS YOU PUMP MY BAGS LMAO

>> No.19152953

>>19151569
fuck chinks

>> No.19152955

>>19152351

Inflationary money. Got it

>> No.19153022

damn the tether fudders really fell off a cliff in terms of effort and quality this year.

>> No.19153038
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19153038

>>19152916
>>19152916

>> No.19153051
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19153051

>>19153038

>> No.19153071
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19153071

>>19153051

>> No.19153082
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19153082

>>19153071

>> No.19153088

>>19151525
>90% of current Bitcoin buying pressure is Tether.
...and that's a good thing

>> No.19153159

>muh arbitrarily inflated fraud token held by a group of Russians
>this is good for bitcoin

>> No.19153163
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19153163

>>19153082

>> No.19153196
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19153196

>>19153163

>> No.19153207
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19153207

>>19153196

>> No.19153226

>>19151525
90% of current stock buying pressure is brrrrrrr. So? The ponzi must go on.

>> No.19153231
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19153231

>>19153207

>> No.19153243

>>19153196
>>19153207
Thanks for the laugh frens. When I am down I know biz can cheer me up.

>> No.19153253
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19153253

>>19153231

>> No.19153274
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19153274

>>19153253

>> No.19153280
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19153280

>>19153274

>> No.19153360
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19153360

>>19153280

>> No.19153399
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19153399

>>19153360

>> No.19153440
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19153440

>>19153022
You don't need elaborate arguments anymore, because everyone knows it's a scam now. Nobody defends it, there is a general understanding among everyone that Tether is fraud and bound to fail eventually.

But everything will go on as usual until the music stops.

>> No.19153481

>>19153440
people have been saying that for years and it never changed anything. it just seems that now the tether fud is less convincing than it used to be.
for example, can you tell me when you think it will fail and why?

>> No.19153568

>>19152868
>backed by fake money like the dollar
you think the US dollar is backed by counterfeit US dollars?

>> No.19153624

Americucks gettin tethered

>> No.19154045

>>19153481
I think the Tether crash will happen if and when some governmental regulatory body steps in and forces an audit on Tether.
But who knows when this will happen. This year? Five years from now? Back in 2017 I was convinced that Tether would implode that year but yet here we are still going strong.

>> No.19154130
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19154130

Retard here
So basically this tether company makes tether out of thin air and buys btc with it?

>> No.19154275

>>19151525
it's a race
which will fail faster
USD or USDT
tether fud has been a thing since 2017

>> No.19154351

>>19154130
they don't let anyone audit their books.
but if you think about it for a second, if you are market making the largest stable coin in the business, on every exchange worth a damn, you are going to make so much profit your head would spin, and they've been doing that for years. i'm pretty sure they have way more than they need to cover the tether supply.

>> No.19154586

This thread is very enjoyable

>> No.19154736

>>19154130
No, this is a narrative uneducated keyboard warriors spew on social media and biz to sound intelligent.

Up to 75% of USDT in circulation is backed by USD deposits or other assets. OTC desks (particularly in asia and europe) use USDT to get exposure to Bitcoin because it's easier than going through banks).

The people saying things about tether have no practical understanding of how Bitcoin and its related markets function.

>> No.19154803
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19154803

>> No.19154818

>>19152955

definitely should sell your btc for the usdt then anon

>> No.19154836

boring fud in this thread i mean i guess btc is rad yall

>> No.19154870

>>19154736
>Up to 75% of USDT in circulation is backed by USD deposits or other assets.
I am so fucking sick of hearing this "75% backed" lie
I be you cannot explain to me where that figure come from

>> No.19154926

>>19154736
>Up to 75% of USDT in circulation is backed by USD deposits or other assets.

LMAO [citation needed].

Take notice: this is an official tether talking point, so you can rest assured that this poster is a tether employee or someone else entangled with the tether business model. Also, "other assets are never specified".

It's counterfeit money backed by NOTHING

>> No.19154928

>>19151525
I called it from the moment Tether existed, again when they declared their USDs that back the USDT are offshored. And again when the lawsuits got on binance and tether, forcing them to reveal what i predicted all along.

They are fractionally reserving their shit, just like rothschild et al in the 1800's europe. USDT is a USD certificate. You only need to looks back 40 years to the suspension of the gold standard to see just how solid certificates are in the grand scheme of things. They claim its backed 1 for 1, but in reality all that backed stuff was taken to buy risky assets.

Tether needs special attention from the ethereum and btc mining communities. Its not a hard to imagine, (as the first Tether pump and dump did) the media co opting this shit as an attack on all blockchain.

Tether is a bad apple

>> No.19154953
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19154953

>>19154870
Literally documents in court proving it, but w/e

Doesn't matter anyway, because tether still only accounts for a portion of Bitcoin's market.

USDBTC spot buying is currently great than USDTBTC buying

These narratives are easily dismissed by even a cursory glance at data

source: https://analytics.skew.com/dashboard/stable-coins

>> No.19155008

>>19154870
>>19154926
>>19154928
Open interest on CME is also up to $1bln

Think the big boys are buying with tether?

https://analytics.skew.com/dashboard/bitcoin-futures

>> No.19155097

>>19154953
>Literally documents in court proving it, but w/e
no they never did
they proved tether was MISSING at least 25% of the backing when tether MC was less than 3B
so the whole retarded crypto space rolled with the 75% back BS even tho bitfinex NEVER prove they had it

>>19154928
tether doesn't even claim to be backed by anything anymore hell they don't even claim to be worth anything

> “Once you have Tethers, you can trade them, keep them, or use them to pay persons that will accept your Tethers. However, Tethers are not money and are not monetary instruments. They are also not stored value or currency. We do not guarantee any right of redemption or exchange of Tethers by us for money.”

NYAG Legal Case: https://iapps.courts.state.ny.us/nyscef/DocumentList?docketId=npvulMdOYzFDYIAomW_PLUS_elw==&display=all

>>19155008
>Think the big boys are buying with tether?
what's stopping bitinfex guys to trade on cme future while they pump the market ?

>> No.19155197

>>19155097
thanks fren, gave me a good clown world chuckle.

>> No.19155320

>>19154953
>USDBTC spot buying is currently great than USDTBTC buying
>These narratives are easily dismissed by even a cursory glance at data

go ahead prove it
here's what I'm seeing https://coinmarketcap.com/currencies/bitcoin/markets/
USDT completely dominating the top of the chart

>> No.19155487

>>19155320
looks like you have it all figured out, with your coinmarketcap page. enjoy sitting on the sidelines.

>> No.19155774

They'll pump it to $11k, paint a giant bull flag and then crash the whole thing to $1k and exit scam. Trust me

>> No.19155869
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19155869

>>19155774
based

>> No.19156246

>>19152868
That's not inconsistency, it's wanting to deal the hand you're given. If you had power to actively change the actual scenario entirely, then sure, go for it. If you can't and just want to get something done, then work with what you have.

>> No.19157082

>>19156246
wow so rude. pajeet

>> No.19157853

https://www.youtube.com/watch?v=SKg2_6I_818