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File: 58 KB, 601x300, Screenshot 2021-01-03 at 18.39.20.png [View same] [iqdb] [saucenao] [google]
25462716 No.25462716 [Reply] [Original]

And there are still retards on this board saying that this BTC pump is entirely organic. Meanwhile Tether is BRRRing faster than the Federal Reserve.

>> No.25462762

>>25462716
it will pump again.

>> No.25462773

relax, it's just an 'inventory replenish', lmao

https://twitter.com/whale_alert/status/1345781779488268288
https://twitter.com/whale_alert/status/1345781734609215494

>> No.25462848

How much will Bitcoin pump when all the tether fud is revealed to be a big nothingburger?

>> No.25462861
File: 83 KB, 720x660, 20201201_094554.jpg [View same] [iqdb] [saucenao] [google]
25462861

nobody can stop the tether

>> No.25462869
File: 568 KB, 1080x1288, 23lszfa5ia031.jpg [View same] [iqdb] [saucenao] [google]
25462869

shut the fuck up

>shut the fuck up
shut the fuck up

>shut the fuck up
shut the fuck up

>shut the fuck up
shut the fuck up

>shut the fuck up
shut the fuck up

>shut the fuck up
shut the fuck up

>shut the fuck up

>> No.25462880

tether printing is bullish

>> No.25462893

>>25462773
In 2019 was the signal for a big crash.

>> No.25462923

>>25462861
holy shit...

>> No.25462940
File: 115 KB, 608x1024, Untitled.png [View same] [iqdb] [saucenao] [google]
25462940

LOL 1.3 BILLIONS in 3 days

>> No.25462948

>>25462716
It will pump, r-right..?

>> No.25462974

It’s sketchy but don’t they also need more tether to accommodate institutional money?

>> No.25462997

>>25462848
You retard BTC maxi brainlets keep saying this but I have to this day never seen let alone heard of ANY prospectus on how an institution or family office can deposit dollars into Tether and withdraw USDT tokens in return.

Seriously, BTC maxis keep saying that it is backed by real dollars and that it has been "audited" (so was Enron), but they never say how exactly the process works if I wanted to redeem my USDT for actual dollars or vice versa.

>> No.25463036

>>25462848
If tether is discredited it will only pump BTC. The US gov is hijacked by China, first tbey going after first xrp then tether. Their mission is to make chicom cia bitcoin the new standard. We must resist. Buy xrp/rsr

>> No.25463057

>the fed prints 6 trillion
hey no problem, thanks for saving us
>tether prints one billion
oh noee, this ponzi is going to collapse any minute

>> No.25463065

Wtf does this mean? I'm retarded

>> No.25463089

>>25462974
Yeah but WHICH institutions are doing this? Everyone keeps talking about "institutional" investors but I know a grand total of zero risk officers who would be comfortable with depositing MILLIONS of dollars into some shady Taiwanese (not sure who they bank with nowadays but probably same tier of bank) bank in return for monopoly money USDT ran by a shady BVI company.

Anyone in finance will tell you this shit stinks to high heaven but of course BTC maxi retards refuse to see the forest for the trees and try to apply their brainlet-tier small-fish line of thinking on institutional-level wealth.

I'm not a fucking nocoiner and I've been in this game since 2011, but you cannot seriously convince me Tether isn't a ponzi scheme.

>> No.25463095

>>25462716
mother of fuck
>>25462861
fake

>> No.25463099

Billions in “Tron inventory replenishment” last few days. Ok. Yeah, right.

>> No.25463121

>>25462997
https://tether.to/redeem-tethers-to-bank-account/?__cf_chl_jschl_tk__=f330e4c7287bbb4fb529aecf2a6f6524e5df63a5-1609696331-0-AQpxBdE-0xHvIoisD9qfbgUFEMem2Bc7cnin4T6vNcll3NDpxuCUmJHgAixrsiblALN1r3ontyR2wiWV9tYX4TYJJ09X0MlFSTPLIBKEOA7Lsw0KlXiEPCIirVYvozj_jad4aZm0MDCV_0sF5N1u0GP0D5y5XfPi84vrchkn9KKhUIQiAuP5cMsCxaWerkOBgUUoza7BSzEUNGrJsfWSlpcYRHMMbDrCxEEK_CkxBMHJd3uknxPr-_7EMAGsvEfNI-d06SGbrTFQzUco-o5imSseKFYwIv3Ti2BrxDnk0A2b7wfBLJXQ5ZwhDhNDw5X3J4gpMSKpee49aVIKtUnUs2ekDHmLn9CNBeWebAJOdDPe

>> No.25463125

>>25463065
Nothing, literally nothing. Ask any fudder what it means, all you get is schizo ramblings

>> No.25463165

>>25462716
Is this Quantitative Easing for btc?

>> No.25463171
File: 48 KB, 591x580, 1563056893550.png [View same] [iqdb] [saucenao] [google]
25463171

>>25463095
it's real they accidentally printed 5B instead of 50M in 2019
really show how safe and backed each print is

>> No.25463188

>>25463171
lmfao "oops" 5 billion dollars.

>> No.25463275

>>25463121
Try redeeming some USDT then and come back with a report on how it went.

>> No.25463279

>>25463188
the best part is that they missed a zero when burning as well, and only burned 500M, forcing them to do a second 4.5B burn

>> No.25463301

>>25463065
Bitfinex is preparing to exit scam

>> No.25463317

>>25462716
>$20k
Tether FUD
>$25k
Tether FUD
>$30K
Tether FUD
>$35K
Tether FUD
>$50k
Tether FUD
>$100k
Tether FUD
>$150k
Tether FUD

Fucking chicken littles won't shut up. Tiresome

>> No.25463324

>>25463171
yeah that's old news i meant it didn't happen now.

>> No.25463340
File: 77 KB, 970x970, 1604285813467.jpg [View same] [iqdb] [saucenao] [google]
25463340

>>25463057
USD:
>is a currency accepted worldwide to trade for goods and services
>pretty much all foreign trade is done with USD
>other countries use USD as their official or co-official currency
>it's made by the #1 economy in the world, with the leading developments in science and technology
>printing more devaluates it
USDT:
>made by a private company
>is only used to buy cryptocurriencies, whose price is based on USDT
>this creates an incestuous cycle in which printing more USDT inflates the price of other currencies
>since people assume 1 USDT = 1USD they assume the value of each crypto currency is going up, but it isn't
>in other words, this private company expects people to believe that USDT is worth more the more units they print. Markets don't work that way and neither do currencies
>USDT is not backed by anything
>except maybe other cryptocurrencies whose value is at the same time based on USDT
If, and only if, they can prove that 1 USDT = 1 USD then the current market makes sense. Otherwise it's a house of cards.

And you look like a clown comparing the Federal Reserve to Mr Ponzi and his friends.

>> No.25463356

>>25463171
i remember what happen tho i was trading on bitmex atm and saw the entire shit and how it turned the market. very strategically timed mistake.

>> No.25463383

>>25463089
You are a fucking idiot. You think institutions are going to let people know what they are buying so they can accumulate before them? You will rope when BTC hits 80k

>> No.25463415
File: 406 KB, 645x729, brainlet-green-charts.png [View same] [iqdb] [saucenao] [google]
25463415

>>25463317
DUUHHHHH NUMBER GO UP

Fucking brainlet. Just because the scam is still ongoing doesn't make it any less of a scam. Bernie Madoff went on for DECADES.

>> No.25463416

>>25462716
>he thinks tether is inorganic
How new are you?

>> No.25463443

>>25462716
>Meanwhile Tether is BRRRing faster than the Federal Reserve.
Why do you lie?

>> No.25463469

>>25463036
Take meds

>> No.25463489

>>25463356
yeah the price jumped $600 if I recall

>> No.25463508

>>25463340
I use fiat to buy crypto all the time lol

>> No.25463517
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25463517

>>25463089
Heard a solid rumor that Saylor used USDT and Binance for his last buy, which is why CZ looked so smug on the podcast with him. Coinbase is running low on BTC for OTC (coinbase is not fractional, never will be) and OTC desks are going pretty wild right now, and they are no doubt behind some of the Tether prints. Also, Zuckerberg bought a ton of BTC recently, not even kidding.

>> No.25463518

>>25463089
kek, here they come >>25463383
let me add to the btc-maxi-retard-bingo
>you had 11 years to figure this out

>> No.25463541

>>25463383
It's not about disclosure although I'd expect to have heard at least a whimper about it in the circles I'm in, but alas I've heard nothing. Furthermore, if an institution actually wanted to invest HUNDREDS OF MILLIONS OF DOLLARS they would NOT go to some shady fucking UNREGULATED monopoly money printer like Tether. They'd speak with Coinbase or someone similar purely because of risk management.

But of course, you have no idea how high finance actually works and you think institutions/family offices run accounts the same way you run your ULNW bank account.

I may very well be wrong and Tether might be legitimate, but the odds are OVERWHELMINGLY stacked against that conclusion.

>> No.25463554

Where is that conversation between Giancarlo where he said "oh noes, we need to print moar else bitcoin will die"?

>> No.25463600

>>25462716
WHAT HAPPENS TO ALTS?!?

>> No.25463620

>>25463541
>ULNW
ultra low net worth? lmfao

>> No.25463629

>>25463600
Everything dies

>> No.25463647

>>25462716
You niggers have been saying the same since 2016 fucking faggots

>> No.25463668
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25463668

>>25463554
this ?

>> No.25463701

>>25463668
Lol yes. What a shitshow. Bitcoin is completely weak without Tether.

>> No.25463727

For all the newfags, tether fud is a part and parcel of a bullrun.

>> No.25463738

Valid or not these tether fags are the same people that likely parroted the willy and Markus bot bullshit coming out of the mtgox BK in 2015. Imagine having listened to them and missed out on the 100x since then LMAO

>> No.25463748
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25463748

>>25462716
>Tether is BRRRing faster than the Federal Reserve.
Someone should tell him

>> No.25463749

>>25463727
Based pinkie

>> No.25463756

>>25462940
Still printing slower than Fed.finance

>> No.25463809
File: 95 KB, 1609x808, long v shorts eth.png [View same] [iqdb] [saucenao] [google]
25463809

Doesn't seem like the leverage traders feel worried about eth

>> No.25463810

tether fud is almost as old as bitcoin itself at this point

>> No.25463826

>>25463738
>bot bullshit

Why isn't Mt. Gox still around today genius?

>> No.25463863

>>25463065
It means people believe Bitcoin is currently worth $33k US dollars, when it is actually worth 33k Tether. No one knows how much 33k Tether is actually worth because they keep printing it and there's no balance sheet from the company who prints it.

In other words, this bitcoin run is the next Enron.

>> No.25463941

>>25463826
Because there was a backdoor into their wallets which was there since before Karpeles bought it from McCaleb, and their reserves were slowly drained over the years. Yes it seems the bots did exist, but retards at the time said that they were SOLELY responsible for the entire bitcoin move in 2013 from like 10 > 1000 and the market was going to CRASH and NEVER RECOVER.

Turns out it was more hysterical garbage and bitcoin has gone on to 100x and more off the 2015 lows. Imagine having listened to those losers then. That’s how I feel about tether truthers today.

>> No.25464061

>>25463756
so can I also print usd in my basement ?

>> No.25464091
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25464091

https://cryptobriefing.com/u-s-treasury-department-proposal-existential-threat-to-bitcoin/

>Coinbase CEO on suicide watch about the regulations that are comming

And on January 15th Tether gets cucked by the SEC.

Sell before it's too late.

>> No.25464146

>>25464061
Yes, just register a company in a shady offshore jurisdiction with zero transparency requirements like the BVI, call up your buddies on the major exchanges to list your scam stablecoin, and then you're off to the races. No need to have any responsible disclosures either or forge bank statements because retarded subhuman BTC maxis will eat your shit up as long as number go up.

>> No.25464155

>>25463748
>"shitcoin minted by some random scammers is the same as USD printing!"
>said while he still pays taxes on USD and obeys police and army paid in USD

>> No.25464612

>>25463089
>ponzi
Tether makes Ponzi schemes look fucking safe in comparison

>> No.25464960

brainlet here, explain why tether will cause the market to tank
Mt.Gox happened and price tanked because hackers were selling bitcoins for usd
If tether loses its peg and drop to 0, wouldn't it mean that people are buying bitcoins with usdt? the losers will be whoever is holding tether

>> No.25465065
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25465065

>>25464960
because of this

>> No.25465111

>>25463541
I have over 2.4k in my account, who are you calling ULNW. Of course I have over 1m in crypto so I am biased somewhat. Yes I doubt tether is fully legit but things aren't as you think they are.

>> No.25465264

>>25465065
right, but those are inflows that already happened
future price is dependent on the total liquidity though
unless people believe that the marketcap of something must be supported by past capital inflow (which is retarded because market cap is just last price x supply)

>> No.25465342

Ok I just sold
Now what

>> No.25465341

Guys if tether is not safe how do I temporarily cash out to fiat?

>> No.25465505

>>25464960
>In 2019 was the signal for a big crash.
Theter had 2019 scare when they got prosecuted first time and they deppeged to 0.91
Whole fucking market pumped because all usdt pairs on cexes pumped, so you are right (and crashed after but thats not the point), point is you only lose if you hold theter and whit so many awsome alternatives today you ahve to be imbecil to hold theter

>> No.25465570

>>25462716
>>25462861
POMP IT

>> No.25465605
File: 19 KB, 700x624, 1745C885-C04D-4274-BE01-8960BBB71481.png [View same] [iqdb] [saucenao] [google]
25465605

>>25462880
based
anon knows

>> No.25465628

>>25465505
are you pretending to be retarded?

>> No.25465703

>>25465342
congrats, you're a fag

>> No.25465738
File: 259 KB, 1500x1500, 51AEA117-35F9-4F87-9069-146DC026CE13.jpg [View same] [iqdb] [saucenao] [google]
25465738

>>25463415
ISSHH A SHCAMM!!

>> No.25465778
File: 70 KB, 1280x720, brr.jpg [View same] [iqdb] [saucenao] [google]
25465778

>Y-YOU CAN'T JUST KEEP PRINTING TETHER TO BOOST UP THE MARKETS!!!!
meanwhile fed does the same thing. Ride the current or stay poor

>> No.25465809

>>25464960
Because Tether is the majority of BTC buy pressure.

>> No.25465840

If tether is printing, it means people are buying btc. So the price will keep pumping.
And yes, tether printing means the rising is organic. Otherwise we could suspect of manipulation.

>> No.25465845

>>25463541
Retard fucking Americans. You all assume that only Americans are buying. Bitcoin is a globally traded crypto. It could be North Korea or South African corporations dumping money into tether/btc. Your complete lack of self awareness is incredible. America and its globohomo corporations aren’t the center of the universe. Stay poor faggot.

>> No.25465865

>>25465342
congrats you got out before the dumpening

>> No.25465872

>>25465738
> completely fake counterfeit Chinese printed dollars

> not a scam

Imagine being this retarded

>> No.25465925

> private company says their 1 token is equal to 1 doller
> people buy (why?)
> they buy btc on dollers, keeping the price of tether
> play as fed reserve
> people still buy
> btc is now mainly bought by tether which is basically private company token, still

Explain to me why it should not fail? I really think it is ogre. It looks like too big to fail maybe but I am not sure.

>> No.25465975

>>25463275
Why don't you try it yourself? You're making all these claims as if you know exactly what's happening. Why aren't the actual clients of tether complaining they can't redeem their tokens? It's just random faggots with nothing to do with anything yelling at the sky about things they have no clue about.

>> No.25465976

ppl defending tether printing to fed printing are diamond level retards

>> No.25466035

>>25462997
Tether claims to be backed by middle eastern oil lords. They would be getting some 12 percent a year if they are getting the full defi rate.

Not a bad idea. They can pamp their own bags or step in and create a floor.

>> No.25466115

>>25463469
There are many US institutions hijacked by china. Did you even read the report you low information retard
https://www.hoover.org/sites/default/files/research/docs/diamond-schell_corrected-april2020finalfile.pdf

>> No.25466201
File: 93 KB, 1024x576, 0D4B78E0-3A70-4247-B37D-E84A6D2482D6.jpg [View same] [iqdb] [saucenao] [google]
25466201

>>25465778
This guy gets it. Perspectives. Its not about good versus bad. It just is. Whether or not you like tether or USD, people dont care as long as they are keeping value of their assets. Understand that the petrodollar is dying, there are countries attacking the united states through keyboard, pen and the sword as well as financially. 1oz of gold = 1oz of gold. And BTC being digital gold 1btc = 1btc. Cry as hard as you want, stop the fud. There are only 21 million bitcoins, it runs twenty four seven with no goddamn circuit breakers and it doesnt print more bitcoins. Stay poor asshats and widen your lens. Bitcoin is traded with every single asset there is. Not even fiat currency can do that. Buy your pump and dump altcoins with USD or YEN...you cannot. Stay mad but change your perspective. What if the US government bans tether? The united states will be left behind and the world moves on trading as they would without them, just like bitcoins. Tell the federal reserve to stop printing before being the pot that calls the kettle black. Hal Finney knew, its just that you are uneducated, poor, and now fuming. The USD is just a piece of paper, it isnt even backed by gold. Its worth nothing and the United States is desperately trying to still be the world reserve currency when it will be ultimately dethroned. Look at the charts.

>> No.25466224

>>25466035
Love that everyone here takes Finex at their word still.

> We don't own Tether!
oops, we do
> Tether backed 1-1 by Dollars
oops, it isn't
> We promise audits for Tether and Finex + a security audit
oops, nvm

What comes next?

>> No.25466225 [DELETED] 

>>25465840
hi Xiang
how much CCCP pay in chinese money to you?

>> No.25466339

>>25463340
You do understand that the federal reserve is a private entity, right? It’s doing LITERALLY THE SAME THING that Tether is doing.

>> No.25466345

>>25463863
I dont get it. What the fuck does "tether" have to do with bitcoin? I don't own tether. I own bitcoin. Its measured in USDs. Explain it to me like I'm five.

>> No.25466393

>>25463340

Retard

>>25463508

This is what most people do, normies don't give a shit about Tether and institutional buyers don't either
It's not different from buying Bitcoin on margin which used to be completely fucking retarded

>> No.25466453

>>25463863
Nobody gives a shit about Tether retard. Normies buy BTC using USD, not USDT
If there was no Tether tomorrow, my local store next door that accepts Bitcoin wouldn't give a flying shit about some meme coin

>> No.25466463

>>25462716
>just wait until the tether scam is exposed
you've been saying this for 5 years you little faggot, when will you accept there is no scam?

>> No.25466472

Walk us through your scenario, Tether goes down. It's then delisted from exchanges like XRP. How does affect Bitcoin?

>> No.25466490

>>25466453
This is what I don't get. I thought everyone just bought crypto with fiat.

>> No.25466505

>>25466472
Buy pressure evaporates and BTC commences a dump.

>> No.25466507

>>25466463
>tether outed as a scam
>"lol we know, thanks for the update virgin"
>BTC pumps 20%

>> No.25466556

>>25462716
Can someone explain this to me? I'm retarded

>> No.25466585
File: 330 KB, 750x450, 8757F906-AD0C-4F95-BFD6-844730E135FA.png [View same] [iqdb] [saucenao] [google]
25466585

>>25466345

>> No.25466597

>>25465809
It's a major buying pressure on all crypto dummy. People use it on exchanges to trade, most of the time to keep themselves out of the market

>> No.25466601

>>25466490
They do, he is just memeing. People who take Tether seriously have no fucking idea about how anything in finance works

>Tether is called a stablecoin because it was originally designed to always be worth $1.00, maintaining $1.00 in reserves for each tether issued.[7] Nevertheless, Tether Limited states that owners of tethers have no contractual right, other legal claims, or guarantee that tethers will be redeemed or exchanged for dollars.

Thus Tether is not a proper derivative.
With a gold contract for example you could get that shit delivered to your door in theory, in practice the only thing stopping you is a lack of infrastructure (unless you're willing to pay for that too).

Can't get any USD with Tether, so it's a meme coin let alone any base for BTC pricing

>> No.25466650

>>25462716
isnt tether just trying to print as fast as the fed and the fed just printed a bunch for the new stimulus + omnibus

>> No.25466660

>>25463826
because they were hacked and the thieves stole 100s of thousands of bitcoin, you really comparing MTGOX to your tether FUD?

>> No.25466664

I don't get why tether would be such a huge threat to BTC
First his, fake or not, capitalisation is around 20 billion right now, again the 600 billion + of BTC.

Second point is, doesn't tether has to print a tether every time you put a dollar in it ? and burn one when you sell one. That's how it's work.

So maybe tether holder should be worried but tether printing money only mean more people are putting money into tether.

>> No.25466680

>>25466472

this is my scenario of happenings:

>Tether implodes and immediately dumps to ratio like 0.1USDT/ 1 USD while everyone are trying to sell
>maybe some other stablecoin will pump because of the increased demand, maybe not because fear of it going down aswell.
>exchanges clogged and closed temporarily as people trying to panic sell to fiat, many exchange are getting rekt because they have no fiat money, only imploded tether

only coins which got hurt the least are the ones which have trading pairs against fiat

>> No.25466684
File: 73 KB, 460x511, 1609475354666.jpg [View same] [iqdb] [saucenao] [google]
25466684

>altcoinfags and nocoiners THIS butthurt

ahhh, the golden bullrun is truly on its way. Take notes anons, these are the ones who will be buying our bags at 100k+. Happens every cycle. Remember, once the tether FUD narrative inevitably takes hold and the market dumps, BUY THAT DIP. It will be the last time to buy this cheap. This is how it has been done for 10+ years now. Threads like this are a sign that we still have a 10x to go at least.

>> No.25466715

>>25466345
Tether is a stablecoin that is pegged to the value of 1 US Dollar.

Whether or not they actually have physical dollars backing up their crypto dollars is the issue in question. People are basically assuming that the price of BTC is and has been artificially inflated by Tether, using unbacked Tether. Numbers go up, ACTUAL VALUE does not.

>> No.25466716

>>25466490

Oh no, oh no no no
>>25465065
AHHHHHHHHAHAHAHAHA

>> No.25466742

>>25466597
This.
I've posted this several times to summarily blow away tether fud:
From February 2018 to July 2020, Bitcoin price started and ended the period at $11k, while the supply of stablecoins increased from $2B to $11.5B. Tether increasing from 2.2B to over 10B.
https://formula-builder.coinmetrics.io/#244
If the creation of stablecoins somehow supported the price of Bitcoin, why was its price unchanged as the supply of stablecoins increased by 400 percent?
(You), fixated on Tether, have no answer for this question.

>> No.25466805

>>25466585
What you don't get is the following simple principle

Say I keep collecting my shit and store it in tanks over the years.
If I ring your door and offer you 10 tons of shit for your house.

"No", would any rational human being say, "what the fuck am I supposed to do with literal shit? I could sell my house for actual USD"
"But you see, every kg of my shit is actually worth $1 because I say so" I say.

Now if you're retarded, you'll take me on the offer. Turns out my shit is worthless later because everybody else only takes dollars for their house.

Will that make the housing market crash because all houses are now only worth ten tons of shit? Of course it fucking doesn't, you were just completely retarded to accept literal shit for your house.

Same principle works for Tether and BTC.

>> No.25466860

>>25466664
Brown hands typed this.

>> No.25466957
File: 83 KB, 476x723, normietwitter.png [View same] [iqdb] [saucenao] [google]
25466957

overbought nonsense

>> No.25467000

>>25466339
USD is used to pay for the military that upholds the USA's sovereignity. USDT is used for LARPers to buy shitty make believe coins.

>> No.25467068

>>25465065
So who is holding all that tether then, where does that shit flow to?

>> No.25467106

>>25466805
Yeah, your anecdote is correct but how does that justify the fact that tether accounts for ~30% of the total volume?

How can you not see the whole crypto market tanking like hell if they manage to prove that it’s not pegged 1:1?

>> No.25467163

>>25463065
it means if the sec ever says usdt is illegal then everything will crash harder than hell. otherwise it just signals how the exchanges are manipulating the price. they will eventually cash it in which will show the top.

>> No.25467188

>>25465778
The FED can afford printing because it's a respected passive all around the world as people are forced to pay taxes on USD, an army and police are paid in USD, an economy functions in USD. Different from some tards spawning tethercoins, tardo.

>> No.25467196

> btc goes down, tether up
> btc goes up, untether
tEthEr mAniPulAtEs tHe mARkeT, it's basically everyone is doing, your 2017 fud gets boring

>> No.25467213

boring tether fud for the last few years
its old
nobody cares
literally nobody gives a shit if tether is a scam or not (it is)
just ride the gravy train

>> No.25467226

>>25467188
okay, stay poor

>> No.25467246

>>25467068
exchanges
you have to understand that nobody sell into usdt to cash out
you go in usdt hoping for a crash then buy cheaper

>> No.25467249

>>25463517
sauce on the image?

>> No.25467313

>>25466860
sell your bag of xrp

>> No.25467333

>>25467106
Who are the retards accepting and holding those made-up Tether for their crypto?
If the flow is basically just BTC <> USDT <> other crypto / USD it doesn't matter, as it's just a medium of exchange within Crypto.

>>25467246
So the total value within crypto doesn't change? Why do you care then, as long as nobody is buying Bitcoin with make belief money it shouldn't matter

>> No.25467488

>>25466715
there is no actual value in crypto
total inflow of money has nothing to do with the future prices, which is determined by the market liquidity

>> No.25467543

>>25467333
> So the total value within crypto doesn't change? Why do you care then, as long as nobody is buying Bitcoin with make belief money it shouldn't matter
they are printing hundreds of million every day and using it to inflate the price of bitcoin/eth , are you fucking stupid ?

>> No.25467602

>>25467543
Buying from who? Who is holding and accepting Tether for their BTC/ETH? There has to be someone who they're buying from and who keeps on holding onto that Tether.

When I sell my crypto, I get fiat.

>> No.25467605

>>25465845
Guess what currency people use for international deals?
Hint: it's not the Rand.

>> No.25467648
File: 52 KB, 800x255, bitcoin-crash-comic1.png [View same] [iqdb] [saucenao] [google]
25467648

load ze exact same tether fud we've been seeing for 5 years

>> No.25467691
File: 99 KB, 1200x600, Shazam-drinking-big-gulp.jpg [View same] [iqdb] [saucenao] [google]
25467691

>>25466224
> Tether doesn't need to be a stablecoin to be useful

>> No.25467703

>>25467602
majority of this market actually believe that tether is 100% backed

>> No.25467705

>>25463756
does Tether have the might of 10 aircraft carriers behind it?

>> No.25467736

>>25462716
>tether FUD
You retards still fall for this shit like 3 years after, what the actual fuck?

I also want bitcoin to tank to buy low but i'm not delusional at least

>> No.25467737

>>25467249
>sauce on the image?

https://plus.maths.org/content/physics-minute-double-slit-experiment-0

>> No.25467772

>>25467705
>does Tether have the might of 10 aircraft carriers behind it?

The Petrodollar doesn't unless Trump starts war with Iran.

>> No.25467798

>>25463668
>>25463701
Oh shit, January 15th Tetherfags face the SEC... have fun bagholding.

>> No.25467841

>>25464960
You need to stop thinking so autistic about this.
Tether is a major part in the crypto universe. It getting assfucked would once again make crypto look like a giant scam, probably because it mostly is, and have weak hands trying to sell their shit.

>> No.25467857

Tether fud is the only thing making it possible for institutions to front run retail while FUDDING the price. Its genius

>> No.25467859

>>25463517
i don't understand image
care to explain to brainlet?

>> No.25467885

>>25467859
https://en.wikipedia.org/wiki/Double-slit_experiment

>> No.25467971

>>25465628
lmaooooooo

>> No.25467983

this looming tether implosion makes me nervous senpai

>> No.25467998

>>25466742
holy dunning-kruger
you're like those retards blaming the current president for problems set in motion by previous administrations
it's possible for bitcoin to go down. it's possible all the tether printing was needed just to keep bitcoin stable, and that without the tether printing, we'd be sub $3k or sub $1k
i know your 105iq ass will sperg out violently reading this, even though i am not claiming it is probable nor that it happened. just that it is possible, and that your logic is retarded
hold tight to that 5 figure portfolio champ, surely we'll go 100x and you'll make it

>> No.25468008

>>25467841
cool cool, I will be waiting to buy cheapies then

>> No.25468102

>>25467772
petrodollar is a meme
US can keep printing because it knows - and the world knows - that should the US ever run out of resources on its own territory (it won't - US is god-tier geography), it can just take anything from anyone.
The only reason America hasn't conquered the entire world is simply because it's now frowned upon
If America existed in the 18th century in its current form, you bet the entire world would be American territory.

>> No.25468231

>>25466339
>You do understand that the federal reserve is a private entity, right? It’s doing LITERALLY THE SAME THING that Tether is doing.
oh, tether has explicit permission from congress to print legal tender?
>no, it does not - shut the fuck up

>> No.25468282

>>25463517
>Zuckerberg bought a ton of BTC recently, not even kidding.
FUD no source stfu

>> No.25468292

>>25462716
AVE, COPIUS MAXIMUS

>> No.25468298

>>25466201
based and redpilled

>> No.25468346

>>25467998
>it's possible
There's a possibility that you suddenly vanish and appear on the other side of the room. Do you want to bet on it?

In the absolute worst case scenario for tether crypto may go up short term as many markets can't sell. After the chaos it may go up long term because the scam just demonstrated the value of public unalterable ledgers. All the fud relies on long chains of retarded assumptions, many of which like the fragility of the crypto markets have been proven false in the past.

>> No.25468382
File: 313 KB, 1348x1172, 1401968192590.png [View same] [iqdb] [saucenao] [google]
25468382

>>25468102
afghanistan

>> No.25468387

>>25463089
this. absolute brainlets unironically think institutions would buy shitcoin USDT from the chinks instead of going through an OTC desk like genesis. its absolute cope

>> No.25468435

>>25463340
ah an intelligent comment. Surely the people replying to him are degenerate retards.

ah yes. As expected. Carry on.

>> No.25468463

meanwhile bitcoin pumps from 33k to 35k lmao

>> No.25468533

>>25468382
yeah lol actually every military operation we've been involved with since ww2 has been a complete pointless clusterfuck and we got nowhere

>> No.25468625

>>25462997
Is possible, if your conviction is strong short $USDT. Super duper easy. I've thought about using super high leverage and just eating the APR until it collapses, but glad I didn't as I had this thought in 2017. Tether works with big companies which makes their life 1 million times easier. They just cash out big loads to exchanges / big boy companies. For that reason, I feel it may be inferior to USDC or BUSD. Still as long as the whales trust them then it will keep 1:1. If we can spread enough fud though maybe we can cash in on a dip.

>> No.25468663

>>25467859
Measure energy of light in slit it stay straight
Don't measure energy of light in slit it go wavy

>> No.25468681

>>25462716
Big companies will be buying USDT to get into crypto. Tether works by big companies cashing them out to get digital bucks so they can swap for BTC. Not terribly hard to understand. Still could drop for a moment if fud spreads.

>> No.25468700

>>25463089
You all keep focusing on retarded shit which proves you're all retards. That you still don't understand anything after a decade just reiterates that you're a retard.
The total market cap for tether is only 20 billion. Less than 10% of Bitcoin despite having a record year in demand for stablecoins directly, with nothing to do with BTC.
Tether trades on markets at a premium meaning THEY'RE PRINTING TOO LITTLE.

>> No.25468743

>>25468382
>>25468533
you're retarded if you think Afghanistan or Iraq or Vietnam or anything else was a "failure".

>> No.25468761

>>25466505
>scenario
People move to other stablecoins. Buy pressure remains. Now what?

>> No.25468764

>>25468282
>FUD no source stfu

I genuinely don't care if you believe me or not desu.

>> No.25468797

>>25466680
You think tether is the only stable coin with a 1 to 1 USD exchange? lmao

>> No.25468896
File: 117 KB, 812x800, apu-sniffing-lead-fumes.jpg [View same] [iqdb] [saucenao] [google]
25468896

>>25468382
>not understanding that Afghanistan sandbox is a live training exercise in order to keep the US military constantly battle ready

>> No.25468913
File: 116 KB, 595x420, 81688F55-2D8A-442A-B3A8-83B4AC46EEEF.jpg [View same] [iqdb] [saucenao] [google]
25468913

>>25468102
I will give u a redpill because you need to get off your high horse. As much as I love the United States, need to clear your delusion.
Look at the image, start to self reflect. Understand what bibi is saying is happening now. This is the PM of Israel. You are a goy, he is a goy, she is a goy, we are goyims or gentiles, but its antisemetic to even talk about. Their language and teachings ostracizes their kind with nonjews. Who does that? Who is the pot that is calling the kettle black? 38 billion dollars goes to israel, another 500 million. These are our tax payer dollars. Israel is an apartheid state. Israel steals our tech, sells our tech and hacks our tech while they dont share their tech. Epstein and Ghislaine, these are mossad agents that blackmailed US and other country poliiticians. Prince Andrew? Your fathers/mothers, brothers/sisters, sons and daughters in the military are fighting a proxy war for Israel and they die for their country.They have infiltrated our media, government and military. I salute the men and women that fought for our country.
https://en.m.wikipedia.org/wiki/Goy
https://en.m.wikipedia.org/wiki/China%E2%80%93Israel_relations
https://www.timesofisrael.com/breaking-china-a-rupture-looms-between-israel-and-the-united-states/
https://www.timesofisrael.com/us-army-scraps-1b-iron-dome-project-after-israel-refuses-to-provide-key-codes/
https://gvwire.com/2020/05/22/senate-committee-approves-38-billion-israel-defense-package/
https://www.middleeastmonitor.com/20200106-jeffrey-epstein-was-blackmailing-politicians-for-israels-mossad-new-book-claims/
https://en.m.wikipedia.org/wiki/USS_Liberty_incident
https://www.military.com/defensetech/2013/12/24/report-israel-passes-u-s-military-technology-to-china
https://www.cfr.org/blog/us-china-israel-technology-triangle
https://thehill.com/policy/international/middle-east-north-africa/532063-convicted-us-spy-jonathan-pollard-welcomed-in
https://www.corbettreport.com/911-suspects-dancing-israelis/

>> No.25468940

>tether prints any other day
>btc crabs or falls
>silence
>tether prints on a day it goes up
>SEE I TOLD YOU THIS PUMP IS FAKE

>> No.25469076

>>25463668
holy fuck i thought this was fud so i spent 10 min finding it....it's all real lads...... no longer feeling as comfy as a maxi rn

>> No.25469088

>>25468940
it has to end and im glad that after all these years were getting some justice.

>> No.25469107

>>25468913
The greatest trick the Anglo did was make Jews into convenient scapegoats as they loot and destroy the rest of the world.
When they finally declare war and invade Germany again, the sheep will bleat about Jews, not the Anglo. And the Anglo will reward Jews for their existence with more lands and protection to further put the spotlight on jews and away from themselves.
Make no mistake, you're falling right into the anglosphere's trap, just like Hitler did.

>> No.25469125

>>25464155
you're allowed to disagree with a system while being apart of said system, when the decision is out of your control. idiot.

>> No.25469239

>>25468913
Did you forget to take your pills this morning?

>> No.25469254

>>25469125
Your opinion doesn't matter retard. Reality is that you are paying taxes in USD and obey by USD governed laws. This shitcoin is done for the moment Tether gets busted, watch for Jan 15th.

>> No.25469260

>>25468102
>The only reason America hasn't conquered the entire world is simply because it's now frowned upon
we lost a war to a bunch of vietnamese farmers in hand-made tunnels, bro.

>> No.25469284

This is all an institutional exit scam before the SEC drops the hammer

>> No.25469300

>>25469107
The anglos also jewed out the Spanish Empire by funding the Simon Bolivar inside jobs. Anglo french are scum. In any case, as it stands, Bitchcoin is not any better.

>> No.25469318

>>25469254
>Your opinion doesn't matter retard. Reality is that you are paying taxes in USD and obey by USD governed laws. This shitcoin is done for the moment Tether gets busted, watch for Jan 15th.
none of what I said is incongruent with what you just said...."retard"

>> No.25469370
File: 15 KB, 243x250, 1387134255832.jpg [View same] [iqdb] [saucenao] [google]
25469370

>>25469318
>its really really over for realsies this time guys

>> No.25469385
File: 85 KB, 476x723, normietwitter.jpg [View same] [iqdb] [saucenao] [google]
25469385

>>25469318
I only hear noises from an USD taxpayer. BTC crash soon, have you dumped yet dumbo?

>> No.25469418

>>25469284
This. Please follow the Rich, they will dunk on your ass, when this space is dead.

>> No.25469526

https://decrypt.co/39393/tether-drives-east-asia-china-massive-crypto-market

complete East Asia/China buying via tether

>> No.25469527
File: 92 KB, 807x922, C0F289EF-1CB1-446C-86AF-182161B50FA0.jpg [View same] [iqdb] [saucenao] [google]
25469527

>>25469239
I am sorry, what? I have provided links and this is how you reply to me? Look at the mirror moshe, provide me with (((your))) links and rebuttal. America, you need to question why Israel is getting 38 billion USD of your tax payer dollars when you have friends and family about to be evicted from their homes while they cheer for their 600 stimulus checks.

>> No.25469598

>>25469526
USDT and other US pegged stable coins are pretty popular in developing countries since corona turned a lot of countries money to even worse shit than USD. not just asia but everywhere else as well

>> No.25469600

>>25462940
lol remember when btc was about financial independence from the current system?

>> No.25469696
File: 7 KB, 286x176, 152325643.jpg [View same] [iqdb] [saucenao] [google]
25469696

>>25463415
seeth harder nocoiner

>> No.25469811

>>25464091
did you read the article?

>> No.25469866

>>25468764
>elon musk just bought 10k bitcoins bro i don't care if u believe me OoOooO
okay, but just know this is what you sound like to everyone else desu

>> No.25469911

>>25469370
>>its really really over for realsies this time guys
I have never said, or implied, anything was over. please learn to read. my original comment's only purpose was to show that you can criticize a paradigm while being in the middle of it, and even reliant on it, but that criticism is not invalidated.
you are an absolute brainlet.

>> No.25470009

>>25467798
have fun being poor

>> No.25470030

>>25469866
>okay, but just know this is what you sound like to everyone else desu

I'm totally fine with that.

>https://wikipedia.org/wiki/Chatham_House_Rule

>> No.25470043

>>25469911
you can't even make a point without sprinkling in gay little insults. i know the type, you're very likely to be a fat neet whose brain has rotted from eating nothing but doritos and pepsi for 5 years. you and everyone like you can safely be ignored on this board.

>> No.25470076

>>25469076
uh huh, remember your meds, schizoid.

>> No.25470089

>>25463668
That was when Tether/iFinex actually used to bother maintaining some facade of reserves. They ran out of pillow cases to stuff cash in, and started throwing it at competence-free scoundrels like Crypto Capital - who Bitfinex's 'Merlin' is arguing/pleading with here - to 'look after'. tldr, $850m Twilight Zoned later.
Point being, can you imagine the absolute fucking sate of Tether accounts now, had they actually $20b of deposits (Protip: they don't) to maintain? There's good reason no reputable banks would touch these cunts with a pole.

>> No.25470172

>>25465341
short x1

>> No.25470257

>>25469600
still is at a higher price you midwits were too slow to invest and you still are.

stay saltie, sweetie.

>> No.25470374

>>25470089
>There's good reason no reputable banks would touch these cunts with a pole.

Banks were until the past few years very reluctant to work with ALL crypto companies. Arbitrarily singling out Tether for this point is dishonest in regards to the industry as a whole. Also, AFAIK, they also banked with HSBC for a while in 2018.

>> No.25470441

>>25470374
>for a while..
..until their actual business model was ascertained, you mean? This probably wasn't a long while, tbf.

>> No.25470577

>>25468102
>The only reason America hasn't conquered the entire world is simply because it's now frowned upon

It's not sustainable in the long run. Look at the former British Empire. They've conquered a lot of territory but eventually lost most of it. Unless you wipe out the native population you've conquered (like what the Americans and Spanish did), you haven't truly won.

>> No.25470698

>>25470374
>Arbitrarily singling out Tether for this point
fair cop Guv, that may have indeed been a cheap shot. rest is 100% tho.

>> No.25470729
File: 307 KB, 947x529, vasinyd.jpg [View same] [iqdb] [saucenao] [google]
25470729

>>25463171
>>25463279
Jesus fucking christ. Crypto is such a shit show. But it's the easiest way to get rich at the moment.

>> No.25471169
File: 65 KB, 351x352, 1609122248082.jpg [View same] [iqdb] [saucenao] [google]
25471169

It's really happening, isn't it?
How long till the pink man comes back?

>> No.25471238

Jordan Belfort (The Wolf of Wallstreet) acusations against Tether
https://www.youtube.com/watch?v=Xzpqxqbq0Jg

>> No.25471321
File: 9 KB, 220x220, 1605675853198.gif [View same] [iqdb] [saucenao] [google]
25471321

>>25462716
It doesn't have to be organic, and you don't have to like it.
(((They))) control Tether now. There is nothing you can do.

>> No.25471323

>>25467196
>tether goes up

>> No.25471731

>>25470698
>rest is 100% tho.

Well... the rest is speculation until proven true. Presumption of innocence is a cornerstone of western judiciary and burden of proof beyond reasonable doubt is on the accuser. FWIW I am somewhat uneasy with the lack of transparency from Tether in regards to how it operates and I wish that USDC had its market cap simply because it would potentially allay a lot of fears and criticism from the crypto market as a whole, but crypto is bigger than America, and Asia and other markets seem to prefer USDT over other StableCoins for a myriad of reasons.

Also, their clients have a right to financial privacy - Paolo can't exactly tweet out:
>"BIG TETHER BUY COMING IN FROM CHANDLER GUO, 131.53 MILLION DOLLAR DEPOSIT LANDED IN BANK ACCOUNT NO. 10339215 - HAHA TETHER PRINTER GO BRRRRRR!!!!".
So they have to maintain some level of secrecy out of respect for their clients.

>> No.25471874

Tether market cap $21 Billion. Bitcoin market cap $627 Billion. Yes, Bitcoin is a house of cards being propped up by Tether completely. Sell now!

>> No.25471875
File: 463 KB, 908x783, 9A921A16-FB28-424C-A5FD-FE310E4FA19A.png [View same] [iqdb] [saucenao] [google]
25471875

>>25469107
Sorry its not the anglos. Inception, look ar the circles with the circles. Unfortunately (((your))) subversion only lasts so long. The veil is being lifted. It looks like the anglos but when you educate yourself with history you will understand its perspectives. Hitler in his perspective is doing good while others might think its bad. Until you stop calling us gentiles or goyims where you can rape and pillage nonjews I dont align with Israel while they infiltrate our government, financial, military and media. Fuck shabbos goys they are not helping.

>> No.25471935

>>25462848
I don't think it worries most people.

>> No.25471982

>>25471731
out of respect for their clients and also because they're internationalist old school crypto geeks. when some government or auditor comes to you and says let us poke around and see what you got in your reserves, do you cuck and let them in the door or do you tell them to pound sand.
all international companies do this shit, it's just that banks hate bitcoin so they make life difficult for a business like tether

>> No.25471991

>>25462716
2 out of every 5 dollars was printed this year. There Tether is a drop in the fucking ocean

>> No.25472065

>>25471874
>imagine being this retarded
Do you even know how market cap is calculated you dumb nigger? It's last price x circulating amount. A measly 30 million USDT can move the market cap by billions.

>> No.25472187

>>25462716
If they are printing Tether to buy BTC, then why would the price dump?

>> No.25472199

>>25472065
bitcoin trading volume in the last 24hrs is 20-60 billion USD, depending on how scammy the exchnges are that you include in the calculation. 30million USDT isnt going to do shit

>> No.25472243

>>25462716
as long as it keeps printing i will keep buying
there won't be a dip until january 15th at least and you can still easily double you money in those 2 weeks at the current rate

>> No.25472265

>>25462716
Do you not realize that Tether is responsive to demand because they need to keep the Supply/Demand equilibrium at $1. So, obviously there would be increased tether printing during a time like this

>> No.25472267

>>25472065
That's unrelated to whether tether is backed. If the price of BTC is mostly maintained through wash trading there are plenty of profit opportunities in that for you if your model is correct. It simply isn't.

>> No.25472507

>>25472265
now take it a step further and think about how profitable it would be to market make the biggest stablecoin on the market with a daily volume of 80 billion

>> No.25472699
File: 2 KB, 125x118, kek2345.jpg [View same] [iqdb] [saucenao] [google]
25472699

>>25468743

>> No.25472755

>>25468743
They weren’t failures for the oil barons who sent us off to go shoot brown children, you are correct that they made more money

>> No.25472810

>>25469600
Now it's riddled with Jews and companies calling it a store of value/investment

>> No.25472837

>>25468913
who cares mutt

>> No.25472877

>>25462716
I have the whale alert on my telegram, I see this shit all throughout 2018-2020. sometimes it dumps, sometimes it pumps, sometimes it does nothing.

However everytime it pumps, people like you post this shit like this suggesting its about to crash.

I think you are the same person posting this since 17k

>> No.25473297

>>25466224
bitcoin implodes when people realize you can print monopoly money to buy it.

>> No.25473399

>>25463340
Both USD & USDT are not backed by anything and their value stems from investor confidence.

Brrrring by the feds devalues the USD and no one knows where the point is beyond which confidence is broken -> it loses world reserve currency status -> everyone dumps their reserves -> USD has same status as mexican peso

Brrring billions of unbacked-by-anything-other-than-bitfinex-promise tether inflates the entire market and will get really gnarly when it gets rekt by the feds. When offramps & exchanges stop accepting USDT there will be a deluge, endless sea of wojaks will drown biz like never before

>> No.25473707
File: 210 KB, 960x960, CCA7E1AA-A5C8-430C-91AE-CA712165E165.jpg [View same] [iqdb] [saucenao] [google]
25473707

>>25472837
I have a teflon suit on, the mud that you throw on me doesnt stick. I was just trying to educate another mutt to get off his high horse while (((you))) just call me names. Notice how he disappeared after facts about semites are shed to light? Prove me wrong, you cant. Who are the bankers, the politicians, and higher ups in media. BTC has been safe havens for countries like Venezuela where their fiat has gone down the drain. Remember to widen your optics, its not just US fiat that is thrown into BTC, there are countries all over the world that invested in crypto. If you dont believe in crypto then go to pmg thread and invest in tangible metals. I am a person that can see through the subversion. I have both crypto and metals. I am quite read with vast amount of knowledge. People dont have to believe me, but how can you not when I have provided images with archive links and links out to the Internet for people to educate themselves. Read those links, understand, comprehend and come at me with your links and arguments. I dont want to hear your opinions and name calling. The United States is the greatest country on earth, many people hate mutts. I dont want your psyop and as a free thinker I am trying to educate people before we become the next Venezuela because of Israel and China attacking us on all fronts. Our chipsets are compromised. Our IC has been infiltrated. Look into OPM hack, EternalBlue, and Sunburst. I can go on, but you reply to me with namecalling while I drop truths with my virtues.

>> No.25473810

>>25468231
>tether
>claiming to be legal tender
Do a sudoku please thanks yes good.

>> No.25473821

>>25466201
this this and this

I am never selling, I am going to die and on my deathbed pass my seed phrase onto my children

>> No.25474010

>>25462940
That's nothing. KEK

>> No.25474181
File: 93 KB, 651x433, 1543471432446.jpg [View same] [iqdb] [saucenao] [google]
25474181

>>25473399
>Both USD & USDT are not backed by anything
usd is backed by the us army though
nice dubs

>> No.25474382

>>25468663
this is incorrect
>>25463517
famous physics experiment, the double slit experiment:
>shoot photons at slit and look at pattern on surface behind it
>1 slit shows a "shadow" of the slit, electrons behave like paintballs you shoot at the slit
>use 2 slits and the pattern on the surface behind it is an interference pattern like you shot a wave through, not a particle
>put some kinds of detector on each slit to check where each individual photon passed through and the pattern turns into 2 particle patterns (like with with 1 slit)

Observing the experiment changes the outcome. And yes this means reality is a simulation

>> No.25474404

>>25463517
brilliant meme