nothing to see here

[Anonymous No.25637004]

>another day, another half a billion Tether printed
>which is then sent to every exchange in $25m batches
>the price of everything with a USDT pair goes up
>new ATH, new paradigm! Don't forget to buy BTC at the Tether price, which is the USD price, of course :^)

[Anonymous No.25637019]

>>25637004
Based, the tether headquarters is one room in hong kong and they have 30 billion a year to print, this will go well under the RICO charge. Sell your house for your first whole bitcoin

[Anonymous No.25637025]

>>25637004
tether fud

[Anonymous No.25637063]

>>25637025
>tether was fudded when there were $2b USDT, so you should ignore the fact they've printed an extra $23b USDT since March!
Wow, what natural market behaviour! I'm not concerned at all that the price of BTC of denominated entirely in USDT. Look at how rich in USDT I am!

[Anonymous No.25637163]

>>25637004
BANKS WOULD NEVER AND CANNOT LET EVERYONE CASH OUT 100%
WHY IS IT A PROBLEM FOR YOU DEGENERATE TETHER FUDDERS?

[Anonymous No.25637232]

>>25637163
The whole point of crypto was to prevent this in the first place.

[Anonymous No.25637235]

>>25637063
>We are entering a new financial paradgim
>I love crypto, I'll buy it with fiat so I can sell it for fiat
>Print more teterinhos for me mr Chink

[Anonymous No.25637246]

>>25637163
>banks use fractional reserves
>btc is supposed to be anti-fractional reserve
>btc has become fractional as it is priced in USDT, and USDT continues to be pumped into BTC
>you're okay with this
Even if you honestly believe Tether has a FRACTION of the $25,000,000,000 they claim to have stashed in a bank in an "undisclosed location" (hint: they don't), then you've defeated any usecase for bitcoin. You're admitting the only reason to buy BTC is to dump on someone else at a higher price. There's no reason to hold btc otherwise.

[Anonymous No.25637315]

>>25637246
>>btc is supposed to be anti-fractional reserve
Nice strawman, redditor who sucks nigger cock.
https://cryptoslate.com/bitcoin-banks-hal-finneys-prediction-ultimate-fate-btc/

Bitcoin is positioned against fiat fractional reserves, not fractional reserves of real assets, including bitcoin. Yes we are using tether to bring down fiat faster and there is nothing you can do about it.

[Anonymous No.25637356]

>>25637315
>it's GOOD that I pay real money to buy BTC when somebody else buys it for free. That makes the supply drop and the price go up!
>Haha, no, Tether won't actually SELL this $40,000 asset that they purchased for $0.00! Why would they do that?

[Anonymous No.25637512]

>>25637246
But you can say that about anything, because everything is priced in dollars, and the fed printes the dollar even faster than thether.

[Anonymous No.25637551]

Imagine buying BTC with your own money while some dude print in his house 250 mil fake USDT.

[Anonymous No.25637594]

>>25637019
>>25637235
Yep sour grapes no coin boomer right here folks.

[Anonymous No.25637743]

>>25637512
>the fed prints the dollar even faster than tether
The M1 funds rate increased by 25% in 2020. This is huge, I agree. Tether, however, went from $4b to $24b, an increase of 600%. It isn't comparable in the slightest. Tether is actually creating "money" out of thin air, buying BTC with it and driving the price up, then selling that BTC to people FOMOing in with real dollars.

[Anonymous No.25637754]

>demand for bitcoin increases
>Tether supply increases in response
I swear tether fudders are more retarded than pajeet shitcoin spammers

[Anonymous No.25637766]

>>25637063
How much are gold markets worth again?

[Anonymous No.25637801]

>>25637743
I only buy BTC with fiat. Only need tether for shitcoin pairs.

[Anonymous No.25637836]

>>25637594
They are not wrong doe :D

[Anonymous No.25637843]

>>25637754
here's the hilarious part
half of tether fudders are indeed seething nocoiners
the other half has been here way before you and holds a 6 or 7 figures crypto portfolio, not because they've gambled on shitcoins but because they correctly identify asymmetric opportunities and risk factors
volatility is how smart /biz/ anons make their money anyway. gradually sell as it rises, gradually buy as it falls. it's not rocket science. there's literally no reason to begrudge tether fud, unless you're a newfag with a $30k poorfolio hoping against all reason it will go x10

[Anonymous No.25637890]

for every bitcoin bought with this tether, there has to be a seller accepting tether

[Anonymous No.25637927]

Oh wow exchanges are purchasing more Tether. Thats so weird. Why would they need all that Tether, especially while Bitcoin is in a bull market, it makes no sense!

[Anonymous No.25637965]

>>25637025
>”fud”

[Anonymous No.25637991]

>>25637232
I guess crypro is worthless then. Time to dump it all for traditional stocks and tesla.

[Anonymous No.25638061]

The thing that makes me mad is how fucking easy it is to be a billionaire currently. I could've created my own unbacked "stablecoin" and "minted" trillions of it to buy BTC and then exchange it for actual USD later on.

[Anonymous No.25638104]

>>25638061
its that simple

[Anonymous No.25638138]

>>25638061
Someone has to want to buy your stable coins at a dollar a pop first. Additionally if you can't keep the price at a stable dollar for long enough your stable coin would lose all credibility.

[Anonymous No.25638159]

>>25638061
>Tether/Bitfinex, as well as the owners of the exchanges they bribed to accept Tether, are all multi-billionaires thanks to this scam
>some anon on /biz/: nooooo surely they wouldn't lie about having $25b parked in a bank!

[Anonymous No.25638519]

>>25637890
they're the ones who will be the bagholders when it unravels

[Anonymous No.25638635]

>>25638061
>I could've created my own unbacked "stablecoin" and "minted" trillions of it to buy BTC and then exchange it for actual USD later on.
This should worry you idiots. When normies realize "USDT not real USD, wot?" they'll start to panic and unload everything.