A simple argument against the Tether Fud

[Anonymous No.25472463]

If Crypto will go to shit after January 15th, then certainly the exchanges know this, right? There is no way that you or r/Buttcoin has any special information that the big Crypto exchanges don't.

Take Coinbase for example. Why would Brian Armstrong even bother with an IPO if he knows or senses that Crypto market will be dead after Tether collapse (if there is a collapse that it). Why would he even bother with the SEC filings. And Binance too. Why the fuck would CZ just sit there and do nothing if he knows a crash is coming? He can easily rugpull today knowing that the market would be dead tomorrow. But he doesn't. Because he knows he can rake in billions of $$ on the daily from transaction fees. Because he knows he market won't die. Anyone claiming they have more information than the big exchanges regarding Tether is either being delusional or a lethargic devil. So I say relax. Unless the big exchanges start to worry about Crypto, you should not.

Because if Crypto is gonna be dead, then exchanges would already price that in. And if Crypto does not die after the Tether collapse, then what the fuck is the point of the Tether fear mongering anyways?

[Anonymous No.25472533]

>>25472463
if tether is a scam go on aave and borrow as much as you can and buy anything else, when it goes to zero you won't owe anything

[Anonymous No.25472614]

>>25472463
can anyone give the quickest eli5 of the tether fud issues?

[Anonymous No.25472709]

>>25472614
>Tether claims to have $21 billion in USD
>Does not prove it
>They have a case with NYAG
>Fudders and no coiners on R/Buttcoin are predicting crypto crash if Tether crashes
>The argument against tether is if it crashes, not enough liquidity will be left in other pairs for people to cash out
>BTC will crash due to low liquidity and downward pressure
>Entire market crashes after BTC

[Anonymous No.25472754]

It is a scam, they might fake these numbers before going into nowhere.
As it was with any other ponzi scheme and pyramid markets.

[Anonymous No.25472828]

>>25472754
You answered none of my questions. Why would a "scam" like Coinbase even bother with the SEC + IPO filing. If I was a scammer I would never get near the SEC. Let alone go public with my company. There are some scams out there like Herbalife or Amway stocks but even those have to remain profitable. How would Coinbase file to go public unless they know they can be profitable.

[Anonymous No.25473286]

>>25472533
Exactly, put your money where your mouth is.

[Anonymous No.25473767]

>>25472828
the number of unprofitable companies is near ATHs you fucking retard. The fact coinbase is IPOing is a top indicator because they would want to IPO when they can't do incremental capital raises OR when their top executives/VCs want to cash out

[Anonymous No.25473870]

>>25473767
That makes no sense. Coinbase makes $2 billion per day from transaction fees. How are they unprofitable? Why would they go ahead and capitalize on Crypto succeeding if they knew it would "fail"?

[Anonymous No.25473887]

>>25472463
>why does Coinbase want an IPO before the whole market crashes

[Anonymous No.25473987]

>>25472463
Yeah, no one's seriously falling for tether fud. They'll be making these same threads 10 years later.

[Anonymous No.25473996]

>>25473887
Yes. Investors expect hefty profits from Coinbase and their profits come from daily transactions. So it would be in Coinbasee's interest to keep the market alive.

[Anonymous No.25474043]

They are printing Tether to pump BTC to jack up Coinbase's valuation for it's IPO, so they can make many many billions before it all dumps and the cycle begins anew.

[Anonymous No.25474086]

>>25474043
>Cycles begins anew
So even if the market did crash, Crypto would just come back stronger than ever, so there is nothing to worry about. Thanks for agreeing.

[Anonymous No.25474117]

>>25474086

Most people can't afford to wait 10 years

[Anonymous No.25474183]

>>25474117
We don't know if:
a) there would be a massive crash
b) how long it would last if there was one.

[Anonymous No.25474196]

tether is shady and will probably crack but the part about this crashing the btc price is fud

[Anonymous No.25474247]

>>25472709
thanks for the basic gestalt bro

[Anonymous No.25474303]

>>25474117
>can't afford
Maybe try investing an amount you can afford then. Nobody's forcing you to put your entire life savings into bitcoins.

[Anonymous No.25474363]

>>25474303

I'm comfortable. I'm not speaking personally.

[Anonymous No.25474668]

>>25473887
-coinbase does IPO, receives massive $ injection
-coinbase can now mint loads of USDC to prepare for impending liquidity crisis
-tether gets rekt
-21bn $ liquidity vacuum needs to be filled
-USDC, BUSD and DAI take over and show goes on, ecxept for:
-unfortunare souls who decided to park their money in USDT

[Anonymous No.25474992]

>>25472463
>>25472463
imagine thinking tether would tell anyone about their scam and not just do a massive exit scam instead with the money they stole from leveraged positions on other exchanges btfoing cucks like you in the process

[Anonymous No.25475063]

>>25474992
So then why are the markets and the exchanges pricing Tether scam in? You would think they would freak out and rugpull. Since crypto will die anyways...

[Anonymous No.25475203]

>>25473870
>Coinbase makes $2 billion per day from transaction fees
Lol no, its nowhwre near 2 billion a day anon, not in fees.

[Anonymous No.25475273]

>>25474668
This —— Based AF

[Anonymous No.25475348]

Latest research suggests tether isn’t manipulating the market. That was old fud from 2017. People can’t let it go despite evidence to the contrary, it’s just become dogma.

500 billion dollar funds are buying into btc but you dumb niggers think it’s all tether fraud? So many people are destined to never make it..

[Anonymous No.25475857]

>>25475203
Sorry I meant $2 Million*. Mistype on my part.

[Anonymous No.25476117]

>>25474668
Coinbase is doing a direct ipo. Owners are selling their shares. This is not an IPO to get capital. It’s an exit IPO.

[Anonymous No.25476254]

>>25475348
crash it with ze exact same korea fud

[Anonymous No.25476309]

>>25476117
lmfao u fedcoin shills are truly something else

[Anonymous No.25476411]

>>25476117
stop wasting your energy, go run or something

[Anonymous No.25476444]

>>25472463
you should be watching exchanges like a hawk, next few weeks. ANY OF THEM decide to suspend tether trading, or Bitfinex goes 'unscheduled maintenance..' - you got maybe 5-30 seconds to make the exits before the whole house of cards collapses. Of course, were you intelligent, you'd be out already.

[Anonymous No.25477036]

>falling for 2017 tether boomer FUD
>talking with /pol/ and REDDIT
NGMI

[Anonymous No.25477656]

>>25476444
Really? If anything, Binance switched to BUSD as a default form of stable coin. And stable coins like USDC and BUSD have been printing at a higher rate than Tether. I really don't believe this Tetther fud that the market will die. at all.