Tether fud

[Anonymous No.25691650]

I don't get it biz, how exactly can Tether pump up the price of BTC significantly?
How can buying a few thousand BTC every two weeks or so be enough to cause this bull run? That's not even 1% of the daily BTC trading volume which is in the hundreds of thousands.
Isn't the price of BTC increased by high demand?
How can one single entity buying a few grand BTC drive up the price like this?
There's no way 1000 BTC is enough to sway the order book that significantly

[Anonymous No.25691686]

>>25691650
Constant tether fud posted all over biz how mad are /buttcoin?

[Anonymous No.25691740]

It's about timing, not the amount

Pump the price when BTC hits "critical support" and it'll bounce

[Anonymous No.25691811]

>>25691650
Do you understand what trading volume is you nigger?

And do you understand the marketcap of BTC is over estimated? (many tokens were lost, wallets thrown away, lost seeds, forgotten keys over the years)

That trading volume consists of the same UDST/BTC pairs being traded back and forth. A collapse of this trading pair disrupts the operation of central exchanges, forcing them to sell their positions

Once you realize the amount of BTC being actively traded is much smaller than you think, and once you realize what happens when you take away a chunk of solvency you’ll realize how much that destabilizes institutional investment from both central exchanges and shit like grayscale

[Anonymous No.25691903]

>>25691650
What are they using Tether for?
>Acquiring Bitcoin

Bullish for Bitcoin
Bearish for Tether.
If Tether "Isn't backed" Bitcoin will not crash. Big, Big, Fucking BIG money and huge institutions are buying, holding and hedging with Bitcoin. I don't think CitiBank, J.P Morgan, BNP Paribas, UBS, Barclays, Goldman Sach, Santander, BBVA and many many more top level banks worldwide are about to get hustled and scammed out of Billions by an Imaginary Tether Printer.

All these Tether fudders are the people that think 9/11 was a CGI simulation.

[Anonymous No.25692199]

>>25691650
just look at the order book you monk. you could sell 300 btc on coinbase right now and crash it back down to 10.000 $. thats how illiquid this house of cards is

[Anonymous No.25692251]

>>25692199
>you could sell 300 btc on coinbase right now and crash it back down to 10.000 $

[Anonymous No.25692278]

>>25691903
You're right but the 9/11 was indeed a CGI simulation.

[Anonymous No.25692314]

>>25691650
Jan 17th or whenever cannot come soon enough mother FUCK you tether faggots

[Anonymous No.25692335]

>>25691650
>It's FUD
kek fucking brainlets about to get rekt on a new level. The lawsuit is just for 2017, wait for the 2020 market manipulation lawsuit to see an apocalypse.

[Anonymous No.25692365]

>>25691650
Tether is a "money market account"

anyone who actually has a brokerage understands the concept. Its meaningless to the price of bitcoin and if outlawed another token would just take its place as "slush fund / money market"

[Anonymous No.25692373]

>>25691650
It can’t, this FUD is based on people’s retarded libertarian priors. Acquire more geldcoin and never fucking sell.

[Anonymous No.25692428]

>>25692251
idiot future bagholder

[Anonymous No.25692473]

>>25692278
It wasn’t unless of course you mean this is all simulation

[Anonymous No.25692483]

>>25692199
see I just did it

[Anonymous No.25692534]

>>25691650
>how exactly can Tether pump up the price of BTC significantly?
in theory they can print tether out of nothing and buy btc with it on finex
also note that volume and available stock on exchanges is super low

[LebAnon No.25692634]

>>25692534
they ARE printing tether out of thin air

[Anonymous No.25692722]

>>25692534
That’s literally what theyre fucking doing lol

They printed 5 billion UDST the past month and bought bitcoin/eth with it

[Anonymous No.25692753]

>>25692634
its provable they are not retard.
every exchange accepts tether. the exchanges redeem tether for dollars. the fact that every exchange continues to accept tether for 5 years with no redemption failures prove that reserves are sufficient.

you've been priced out and will wind up dying in the camps. its all your own fault and none of us can do anything.
you fucked your whole life up and now your future looks horrible.

[Anonymous No.25692754]

>>25692534

so TETHER is the USD of cryptos?

[Anonymous No.25692797]

>>25692634
>>25692722
the truth is you know jack shit
it's as they like to say in law shows speculation

[Anonymous No.25692857]

>>25692753
Yes anon im sure tether organically made 5 billion the past month.

Do you think the federal government randomly slaps RICO cases around without probable cause?

AhhahahahahahHAHAHAHHAHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAH

[Anonymous No.25692886]

>>25691686
Stupid redditors go back to your place

[Anonymous No.25692890]

>>25692314
15th
I too am looking forward to it.
Tired of this retarded Tether fud

[Anonymous No.25692906]

>>25692634
Are usdc too? They’re nearing 5billion printed and they’ve been operating years less then tether

[Anonymous No.25692940]

>>25691650
who the fuck cares. ok, so they are doing the same shit as the feds are? who cares its all about stacking sats anyways.. dont tell me you retards are actually gonna cash out in worthless fiat?

[Anonymous No.25692944]

I'm offended that somebody who thinks a 300 BTC sell on Coinbase is enough to crash the market 75% actually has the audacity to call me an idiot.

[Anonymous No.25692952]

>>25692797
As they like to say in law:

If the feds have probable cause for a RICO case, you’re going down lol

ITT: Retards in denial doesn’t understand what a fucking RICO case is

https://www.justia.com/criminal/docs/rico/

[Anonymous No.25692957]

>>25692857
>THEY"RE PRINTING MONOPOLY MONEY WITHOUT BACKING IT WITH REAL PRINTED MONOPOLY MONEY!!!!!

you're repulsively poor for a reason.
you're fat whore mom is going to be chopped up and her organs flash frozen in ziplock bags and shipped off to Beijing.
there's nothing you can do to stop this now. horrible future.

[Anonymous No.25692970]

>>25692857
There is no Rico case you mongaloid, tether raised 1b in 10 days during this fud, kek. you idiots refer to a civil claim by a small group of randoms alleging tether/Bitfinex of market manipulation, Nyag only accuse tether of loaning Bitfinex money which in turn made their usd stockpile not 1:1 for a period of time. Banks do this everyday anon, they get caught and fined too it’s not unusual practice

[Anonymous No.25692983]

>>25692857
>Do you think the federal government randomly slaps RICO cases around without probable cause?
Keep in mind that's just for 2017, they're gonna exitscam and cause an exchange apocalypse now

[Anonymous No.25692994]

>>25691650
its not pumping. its fud. they sold btc too early and now they are fudding

[Anonymous No.25693005]

>>25692970
>no RICO case
YES THERE IS YOU STUPID NIGGER THE DOCUMENTS ARE OUT

>>25692957
Nope. Took 1.5 mil profits off ETH yesterday. Thanks for pumping my bags u niggers HAHAHHAHAHAHAHAHAHHA

[Anonymous No.25693026]

I’ll be spitting on you nocoiners from the Peak of the citadel

[Anonymous No.25693041]

>>25693005
>1.5 mil profits
poorfag confirmed.

[Anonymous No.25693084]

>>25693005
No tard, again that’s a civil suit read it through.
In before but this article says, kek. Like I said usdc is gonna overtake tether this year as its expanding faster, just rest up nocoiner it’s gonna be a rough year otherwise

[Anonymous No.25693105]

>>25693005
Cool larp.

[Anonymous No.25693163]

Check the names of the jews suing tether, kek wonder why

[Anonymous No.25693172]

>>25693084
>>25693084
Oh nigger you are so stupid lmaaaao

https://dubilaw.com/civil-rico-case/

>>ITS NOT A RICO CASE GUISE DONT DUMP YOUR TOKENS

[Anonymous No.25693205]

>>25692906
with the difference, of course, being that USDC has submitted to audits proving that it is fully backed by actual dollars, whereas USDT has not.

[Anonymous No.25693417]

>>25693163
kek goldschtein how is it always /them/

[Anonymous No.25693482]

>>25693163
kek you can't make this shit up

[Anonymous No.25693537]

If you understood what was really going on with Tether you'd realize that Tether will keep pumping like crazy this entire bullrun. Not only will they, but they must in order to keep the price of tether at $1. If they don't, it'll spike in price.

The problem is going to be when the crash comes and everyone flees into tether, spiking the price, and then everyone tries to cash out their tether while the underlying assets are tanking. Unless the tether people have a really solid plan in place (ie, they're up to their eyeballs in puts and short positions), they'll implode.

[Anonymous No.25693584]

>>25693482
forgot picrelated

[Anonymous No.25693598]

>>25693163
Lol I like Bitfinex even more now

[Anonymous No.25693753]

The wreckening is upon us

This is the kind of charge Italian mob bosses get hit with in NYC

[Anonymous No.25693823]

>>25692952
Anon. Is this a civil lawsuit or what? the document mentions the 3 law firms representing plaintiffs.

Who is actually suing tether/bittfinex?

[Anonymous No.25694110]

>>25693823
they’ve gone the civil Rico route it seems, the jews wanna hit tether for money and Believe the risk of treble damages could shake them into a settlement
https://www.jdsupra.com/legalnews/district-court-dismisses-civil-rico-19941/
It’ll go nowhere, they never do, all civil complaint weak bullshit we will see how the loan docs go with nyag for the 850m if that’s cleared off then the rest is history

[Anonymous No.25694282]

>>25694110
>treble damages is a term that indicates that a statute permits a court to triple the amount of the actual/compensatory damages to be awarded to a prevailing plaintiff.

Fucking Jews asking for $1.5T lmao

[Anonymous No.25694612]

>>25693163
>Pinchas Goldshtein
Can't make this stuff up

[Anonymous No.25694647]

>>25691650
BTC gets traded around against the dollar.
That's what you see on those charts each BTC is supposedly trading at 40k "dollars".

But BTC actually isn't trading at 40k dollars it's trading at 40k tether since 80% of trading volume is on tether denominated exchanges with the remaining 20% on actual dollars.

In short, if tether gets fucked by the government for counterfeiting dollars then BTC will spike on tether exchanges and crash on dollar and good stablecoin exchanges.

[Anonymous No.25694688]

>>25691650
tether fud again, don't miss out on bull run

[Anonymous No.25694713]

>>25691903
>If Tether "Isn't backed" Bitcoin will not crash. Big, Big, Fucking BIG money and huge institutions are buying, holding and hedging with Bitcoin. I don't think CitiBank, J.P Morgan, BNP Paribas, UBS, Barclays, Goldman Sach, Santander, BBVA and many many more top level banks worldwide are about to get hustled and scammed out of Billions by an Imaginary Tether Printer.
they will. institutions will get rugpulled by bitfinex and tether

[Anonymous No.25694762]

>>25694282
>Fucking Jews asking for $1.5T lmao
You are retarded. They're asking to wreck tether and it will happen this month

Fuck that chink scamcoin

[Anonymous No.25694813]

>>25693537
The whole fucking point about bitcoin was getting away from the fuckery of central banks and their money printing.

The whole purpose is defeated by these shady cayman island exchanges with their own set of money printers who who make obscene amounts of profits pumping and shorting the top because they basically control the price of bitcoin with that money printing and can see your order book.

[Anonymous No.25694900]

>>25691650
>buying a few thousand BTC every two weeks
More like millions worth of BTC when the timing is right to manipulate the charts precisely.

[Anonymous No.25694919]

>>25694713
lol imagine actually believing that the world’s most powerful jews are going to get scammed by a bunch of bugmen from hong kong

[Anonymous No.25695000]

>>25694762
Anon I cash out yesterday what about you

[Anonymous No.25695059]

wtf?
And the price didnt even flinch.

[Anonymous No.25695099]

>>25692753
>the exchanges redeem tether for dollars
What the FUCK are you talking about?

It's monopoly money that is supposed to be redeemable at Tether LTD. for USD. But it can't. Because it's not backed by USD. It's backed by vacuum.
The main reasons it's used so much is because most third worlders who are into crypto don't have access to USD. Another reason is that trading tether instead of USD avoids paying taxes on plus values.

[Anonymous No.25695116]

>become the dominant player in the easiest field to make money ever
>literally printing money
>use that position to commit random scams every 2 weeks which are always busted by reddit detectives who know nothing about finance or crypto

[Anonymous No.25695145]

> You want to cashout but isn't have enough FIAT on exchanges
> Pump BTC with infinite Tether
> FOMO starts, new FIAT is coming to exchanges
> Sell over priced BTC and cashout to fiscal paradise
> Start a sell off with remain BTC bought with tether
> Now you created a new generation of bagholders
> Repeat

[Anonymous No.25695162]

I've been digging into how order books work etc etc and it seems that most orders are below 1 BTC

So Tether has been buying BTC with insane orders in the magnitude of hundreds/thousands of BTC in short spans of time which in turn would artificially raise the demand thus the price?

Did I get it right?

>>25694647
But this whole fiasco is based on claims that Tether has been pumping up BTC price by buying it themselves.
From what I've gathered most of the volume of BTC/USDT is just day traders and whatnot selling back and forth on very low margins of price fluctuation, how could they reasonably pump the price of BTC?

>>25694900
a few thousand BTC are worth millions anon, that's what i originally meant

[Anonymous No.25695209]

>>25695099
>But it can't.
Have you tried? Why say this shit you have no clue about?

[Anonymous No.25695220]

>>25691740
If that's the case, literally any big money sack haver could do that.

[Anonymous No.25695224]

Tether fud is simply bullshit.
They need to keep pumping tokens to make the price remain stable. Whats so hard to understand about it?

[Anonymous No.25695226]

>>25691811
this. a dump of 10.000 btc usually results in a flash crash of >15%. Just that you have some relations.

[Anonymous No.25695267]

>>25695145
Bitfinex has 3 billion on a cold wallet and tether is supposed to have 22 billion in bank?

How does that makes any sense?

[Anonymous No.25695302]

This is a civil RICO suit. For those who don’t know, the last time a civil RICO suit was successfully won in court was.... never.

[Anonymous No.25695311]

>>25695209
That's what people are tyring to find out. They are tyring to make Tether give proof that every USDT is backed by USD.
Otherwise it's just a scam which relies on the good old "it's fine, it's not like everyone suddenly will want to redeem tethers, so as long as it's some random plebs here and there we'll be fine".

[Anonymous No.25695326]

>tether crashing wont affect btc price
Not directly, but have you tards forgotten 2018? An exchange got hacked and korea was talking about banning crypto. That was enough to bring the price all the way down. Major FUD would come from the biggest stablecoin rugpulling. Normies and boomer fund managers would liquidate ASAP

[Anonymous No.25695372]

>>25691903
Completely agree but I also think 9/11 was CGI so...?

[Anonymous No.25695395]

>>25693823
anon there are three lawsuits. An old one from 2016, civil, one from 2019 also civil (it's the one with the heaviest accusations incl printing out of thin air and btc price manipulation) and the case from 2020 which is not a civil case but an state attorney case about a loan that was given to bitfinex out of the fundings that were actually the desposit of USDT buyers.

[Anonymous No.25695403]

>>25694713
what if i told you they are behind finex and tether

[Anonymous No.25695501]

>>25695311
>That's what people are tyring to find out.
You're not trying to find anything out and you don't have the capability to understand any of it if you did. You can redeem tether for dollars. Large players do it in huge amounts.

[Anonymous No.25695513]

>>25695267
Tether is used also in another exchanges like Binance or Houbi.

Why nobody ask where are Grayscale Bitcoin wallets.

[Anonymous No.25695521]

>>25695162
>But this whole fiasco is based on claims that Tether has been pumping up BTC price by buying it themselves.

Yeah that's talking point too but it wasn't what I was focusing on.

https://onlinelibrary.wiley.com/doi/pdf/10.1111/jofi.12903

Some anon had a chart where it overlayed when tether went up over when BTC went up in price though I didn't save it.

>a few thousand BTC are worth millions
BTC is actually worth maybe thousands of USD and hundreds of thousands of tether.

[Anonymous No.25695571]

>>25695501
trust the company located in the bahamas under RICO investigation. They surely will exchange the tokens you bought from them. No worries.

[Anonymous No.25695579]

>>25695501
If iot was true they'd provide proof of that. Just like Coinbase does with USDC, while tether is not audited, has no transparency, provides meme documents and deals with shady offshore banks straight outta kenyan prince phishing emails.

[Anonymous No.25695605]

>>25695513
grayscale buys OTC directly into their own wallets. These are managed by an own security company.

[Anonymous No.25695613]

>>25694713
this would be based, though

[Anonymous No.25695631]

>>25695000
>Anon I cash out yesterday what about you
I cashed out with fiat and prepared my short plan. We're going to spike in the 60k range and flashcard down to 10k or below.

Tether chinks ruined crypto. Satoshi wrote about fractional reserve printing in the first genesis block warning people against centralized BRRS. Then these people came, started printing blocks of tether and using it to buy BTC, causing the price to pump, then selling it at 2-3x the value and repeating the process ad Infinium. Useful idiots like Michael Saylor helped them do it.

If you see anyone saying "tether fud" mark them down as a paid Chink shill.

[Anonymous No.25695672]

>>25695302
>This is a civil RICO suit. For those who don’t know, the last time a civil RICO suit was successfully won in court was.... never.
Every time. Tether will join this list now.

[Anonymous No.25695700]

>>25695631
>1.7b in a week

[Anonymous No.25695759]

Looking for some advice guys, please help a fellow anon who may have made a mistake. I bought some rfBTC and it's rocketed, but I don't seem to be able to convert it into any other coin, nor sell it - or do anything with it really. All exchanges are just coming back as timeout or blank and are only charging the gas fee. Is that because it's liquidity locked right now? Is that how it works? Or am I missing something?

[Anonymous No.25695776]

>>25695631
How am I supposed to make it when ch*nks just buy whatever bitcoin they want with fake money?

[Anonymous No.25695790]

>>25695776
number go up

[Anonymous No.25695813]

>>25695631
this. Tether and the other stablecoins are unironically destroying what btc was intended for. I'm long term bullish for btc, but we'll have clear sight first when shady companies like tether are gone. It will be a good development, if this means that stablecoins are regulated and under audit, then this is not a bad thing for btc as an asset for value storage. At the moment we have a ponzi scheme where the question of a breakdown is only one of time, simply because the price tag of btc is the USDT / BTC price because 60% of btc is traded in tether. Every major exchange adjusts market makers according to it. If it goes down, btc can only crash. It could even be the case that the latest rallye are actually chinks russian and iranian desperately trying to buy btc as long as tether is around, it's their only way of obtaining USD exposure and buying btc. Their governments have forbidden any exchanges.

[Anonymous No.25695886]

>>25695631
yeah, at this point anyone who thinks this is just fud is retarded. Be realistic. No fucking currency goes up like this non stop without a fucking correction. This shit is like Tesla x10, for a currency with no actual use. It reeks of price manipulation and the whole Tether printing shit makes alot of sense. These pumps are getting more and more ridiculous, they must be accelerating to get the most out of it before they get fucked by the feds.

[Anonymous No.25695897]

>>25695571
>They surely will exchange
Why not try it? Why pretend you know about something you have no experience of?
>>25695579
They don't have to prove shit to you. Their customers rely on them to not fold easily to government pressure.
All the exchanges except jewbase had to deal with shady banks which forced them eventually to turn to tether instead. You're living in a fantasy world.

[Anonymous No.25695971]

>>25695897
>They don't have to prove shit to you.
They do. Otherwise they'll get FUDed and sued to hell. And it's exactly what is happening.

Their entire business model looks like a scam and they refuse to provide proof that it's not.

[Anonymous No.25695974]

>>25691650
the order books in crypto are more than 50% consisting of tether and they can move very quickly in any direction they please

[Anonymous No.25696025]

>>25695897
don't you get it? They are not backed 1:1, they admitted it. They use your money to give loans to affiliated exchanges in financial distress, they count cryptos incl btc to their assets. If you're ok that a private company that didn't even allow an audit is doing fractional reserve banking with your money, that's ok. But if you don't see any risk with it, i doubt your intellectual capabilities.

[Anonymous No.25696155]

>>25695813
Actually I'd say it's blockstream that ruined what BTC was intended for by refusing to increase the blocksize to allow more transactions per second and by pushing the digital gold narrative. It's not a problem right now because there's no backlog of transactions but when a backlog builds up again it's going to be a serious damper on price increases when people realize they can't actually spend the bitcoin they have.

[Anonymous No.25696167]

>>25696025

>Tether basically turned into the fed.

Isnt that what they’re supposed to do?

[Anonymous No.25696343]

>>25696167
Fed that uses USDollar which is based in Honk Kong (heck I doubt that the offices even exist) and doing fake pumping to give the impression that my magic fiat works is not really convincing, anon.

[Anonymous No.25696379]

>>25696155
Btc was always intended to function more like gold, with currency properties, read the way Satoshi talks about it

[Anonymous No.25696413]

>>25695974
but how does that contribute to the price of BTC rising exactly?
Most of the orders are trading very little BTC, from what I know you actually need a big influx of new liquidity into the market the pump the price, isn't that correct?

[Anonymous No.25696417]

>>25695971
>Otherwise they'll get FUDed and sued to hell.
And they should delay and oppose all government action as long as they can. The government isn't honest or working for the people. There's no reason to pretend it is.
>>25696025
Just redeem your fucking tether if you think that and shut up about things you have no clue about. If you're a large customer complain to them directly and see if they give you more information. If they actually scam you that's when you can start your shill campaign, not when you noticed "peculiarities that don't add up" in your expert opinion as a McDonalds fry cook.

[Anonymous No.25696501]

>>25696167
It's not surprising, the government is being fucking ridiculous with taxes on short term trades back and forth into fiat, so there's a huge market niche for being fiat without the tax burden (of course the tax burden is still there but at least it's not being reported directly to the fucking IRS in real time like coinbase does).

Luckily the new US administration is known for being super corrupt so Tether probably only as to do one extra print run in a single week to make these lawsuits go away.

NB: I don't own tether and never will. I've read enough Taleb to realize that USDT will be $1 until the day it goes to 0 forever. Artificial stability ALWAYS blows up eventually.

[Anonymous No.25696518]

>>25696167
>Bitcoin believers making their own Federal Reserve.
Uh no? Like none of this was supposed to happen. Bitcoin stood for something way before it morphed into this ponzi scheme to get more dollars.

[Anonymous No.25696532]

>>25695631
>somebody sent 1 billion usd to the shadiest chink exchange there is to get usdt and buy bitcoin during the rally

Seems legit as fuck

[Anonymous No.25696549]

>>25696379
Gold doesn't have a 7tx/s hard (4tx/s soft) cap. It's fucking ridiculous and unnecessary.

[Anonymous No.25696579]

>>25696417
>And they should delay and oppose all government action as long as they can. The government isn't honest or working for the people. There's no reason to pretend it is.
Fucking schizo lmao

[Anonymous No.25696607]

>>25696501
What do you mean by Coinbase tax reporting in real time?

[Anonymous No.25696645]

>>25696155
i'm not sure. Don't think it's a problem. Btc will not be spend, it will be a storage of value, and as long as a transaction goes through within some days, i see no problem. Better than transporting your gold oversea in a safe.

[Anonymous No.25696660]

>>25696549
Bitcoin has a Max of 7 transactions per second? Interesting

[Anonymous No.25696685]

>>25696417
>If they actually scam you that's when you can start your shill campaign
No, you start asking questions when you notice something shady. And when it comes to tether, everything is shady.
You are complete animal if you blindly trust some chink company while shitting on the government for being "bad for people".

[Anonymous No.25696765]

>>25696417
lol, you should let ideals and philosophic shit aside and think about securing your money.

[Anonymous No.25696800]

>>25696607
lol, you don't know that amerifats are taxed for stablecoin to btc trades too? lmao

[Anonymous No.25697008]

>>25696579
In one breath you braindead retards use the legal battles bitfinex has had to deal with over the years as proof that they're a scam and in the next that's irrelevant "schizo shit". Either the company has been fighting the government or it hasn't. You can't just use whatever narrative suits you to make whatever point you want. They've been under attack their entire existence and shouldn't give shit to corrupt governments until they absolutely have to.
>>25696532
One of the oldest most trusted exchange by oldfags and whales that also recently happened to add yields through celsius.
>>25696685
I don't have to trust them since I don't do business with them. If they're scamming their customers it has nothing to do with me. If you believe the narrative about BTC being considerably inflated by tether you don't have the slightest clue about markets.

[Anonymous No.25697072]

>>25697008
schizo alert

[Anonymous No.25697211]

>>25697008
>One of the oldest most trusted exchange by oldfags and whales

The only people who trust bitfinex are drug cartels, money launderers and the like. Bitfinex has been laundering money since day 1. Zero audits, zero regulation.

[Anonymous No.25697213]

>>25697072
Most of their customers aren't American and everyone who isn't American agrees the American government is the biggest criminal organization in the world by far.
https://open.spotify.com/episode/4p0TREhRen8c3LsYvJFRmN
50:30

[Anonymous No.25697268]

>>25697213
Take your meds.

[Anonymous No.25697318]

>>25697268
So you can keep spreading propaganda for the Zionist occupied government unopposed?

[Anonymous No.25697355]

>>25697008
>>25697213
they are washing massive amounts for chink money and exchange them for legit virtual us dollars. governments are forced to take action, simple as that. The recent rallye was not "stock2flow" or muh "institutions fomoing in", it was chinks russian and iranian money desperately getting usd and btc exposure. There's no other way than tether in these countries to buy btc or even get usd exposure. if tether is down, shit can only collapse.

[Anonymous No.25697520]

>>25692857
>its surprising that people are using tether a lot in the past month to enter the crypto space, when we are the most bullish since 2017
you are so stupid it hurts.
who pays you shills?
bitfinexed stopped posting in early 2018, why didnt you retards just stop with him?

[Anonymous No.25697595]

>>25697355
You don't need usd to buy btc otc. There's foreign demand for both tether and BTC independently. Tether dying may mean temporary decrease in buy pressure on BTC but systems to respond to the real demand will be reestablished.

[Anonymous No.25697932]

>>25697595
of course they'll find a way to get around their state bans. But at the moment all the demand from these countries is handled by tether. If it breaks down this is not really bullish in the short term.

[Anonymous No.25698177]

>>25697932
If the market knows about future demand it prices it in. If it doesn't it's an opportunity for you.

[Anonymous No.25698373]

>>25698177
no, the crypto space is no efficient stock market. We're still wild west unregulated level. You honestly think normies or even financial analysts with naturally few time in the crypto space can reliably discount such effects? I doubt they even know of them. Remember, there's no audited financial data of public companis or analyst predictions for the future gains in sales from the stuff they produce, this is wild west. Autistic 4channer unironically can beat grayscale hedgefunds manager entering the crypto space now. Has never been this way in history concerning financial assets.

[Anonymous No.25698682]

>>25698373
There's no such thing as an efficient market, dude. Stop listening to economists, they don't know shit.

[Anonymous No.25698828]

>>25698373
You're a newfag. The market prices everything in before you hear about it. There are thousands of huge private players who have been doing this for years with many full time analysts who are more competent and dedicated to their job than anyone at gayscale. A dip and some panic is possible but nothing we haven't seen a million times before.

[Anonymous No.25698874]

>>25692365
Cringe and wrong

[Anonymous No.25699365]

>>25698828
son, you are to get your ass whoopd badly by applying boomer stock mechanisms to crypto markets. Nothing you know is priced in, this got too many layers. Also some full time analyst doesn't know shit. Some chinese whale he has never heard of mining since 2012 could dump the entire market to the ground within half an hour just because he's in the mood to do so. This is wild west and it couldn't be more different to what you imagine.

[Anonymous No.25699389]

>>25695267
>>25695513
>>25695605
There is no limit on how many wallets you can have. From a security perspective wouldn’t it be safer to distribute assets to many different wallets?

[Anonymous No.25699515]

>>25699389
no one knows how they do it, for sure they don't have one single wallet, you're definitely right there.

[Anonymous No.25699662]

>>25699365
You don't know what an actual wild west looks like but I do because I was here when it actually was like that. I'm not imagining anything I'm relating my experience. A million faggots just like you have come and gone, liquidated because they think they know better than the market. It's now a trillion dollar, decade old, entrenched market with thousands of veteran crypto millionaires who know better than you.

[Anonymous No.25699908]

>>25699662
lol, you assclamp are sure fun to hang around with. In need to larp on an anonymous forum as the experienced crypto veteran. ngmi

[Anonymous No.25700142]

>>25699908
Keep repeating the same mistakes over and over. Yes it's a manipulated market, through you being manipulated into these "on date x price will go up/down" scams.

[Anonymous No.25700520]

>>25691650
looks like you're newfag.
Tether fud was a 2017 meme, idk why it came back

[Anonymous No.25700667]

>>25700520
>2017: bitcoin violently moons to ATH as tether prints billions out of thin air
>2018/2019: bitcoin bear market, tether printer off
>2020: bitcoin violently moons to ATH as tether prints 10s of billions out of thin air
gee I wonder why

[Anonymous No.25700934]

God I wish I could just print money whenever I wanted to buy anything I want this way.

But I guess you need to be a chinese scammer to be able to pull this off.

[Anonymous No.25700980]

>>25700667
>"institutions are buying!"

[Anonymous No.25701081]

>>25700520
>There was an imminent RICO case in 2017
Durrrrrr tether has the WORST shills

[Anonymous No.25701133]

>>25700667
So, what coins have the least amount of tether in them? Because those are going to moon violently the second this scam gets revealed.

[Anonymous No.25701377]

>>25695220
They can. Which is why the Tether FUD is really just absolut nocoiner cope. They claim that Tether is printing fake money, but actually most money is real, but only the money at critical moments is fake.
Lmao
Even if Tether really did decide to buy Bitcoin at the most critical moments, they actually would have the funds by now to do it legally. And even if Tether were to break away, anybody else could do it. It's literally r/buttcoiner cope as to why Bitcoin hasn't gone to 0

[Anonymous No.25701894]

>>25696155

>Digital gold

Gold is the best and most shiny type of rock, so it won out over seashells. The laws of physics and human nature dictate, that if you're using rocks for money, that one's the best one (well... either that or silver anyway).

Just because we're now moving to digital rocks doesn't really change the game of how things become money. Not as much as people think anyway. Hell, half the posts here by the maxis, show pictures of physical gold coins with a bitcoin logo. Kind of an odd thing to do when you think about it, no? Trying to convince people's collective lizard brains that this particular digital rock is the shiniest and most valuable by relating it to the shiny rock they know.

The question is still which rock is most shiny. Thing about digital rocks though, is that every week a newer, shinier digital rock type will be released. The debate never really ends, and the #1 position is never secured by anything immutable. It doesn't offer the same finality to the answer of which thing is "money".

Bitcoin is digital wampum. It will serve a purpose, for a time.

[Anonymous No.25702152]

Just read the documents.

TETHER IS FUCKED LOL

Do you niggers understand this is the kind of shit they use to take down mafia organizations??? Holy shit the court transcripts against tether fucking reads like a court proceeding against Jimmy fucking Hoffa in the 1960s

[Anonymous No.25702497]

>>25702152
Are you the same "this is what they used to take down the mafia" fag from the other threads?

[Anonymous No.25702652]

>>25702497
Nope just found it today. But it literally is.

[bizzy No.25703060]

>>25691650
>>25702686

[Anonymous No.25703237]

>>25694713
>he thinks banks who launder trillions of usd yearly are going to get btfod over a not having a couple billion in reserves when there iIS 0% reserve requirement
*breathes in*
AAAAAAAAAAAAAAAAHAHAHAHAHAHAHHAHAAAHAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHAAHHAHAHAHAAAAAAAAAAAAAAHAHAHAHAHA

OH OH NO NON ONO AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHAHAHHA

now this might be the funniest take ive seen yet

[Anonymous No.25703561]

>>25691650
Maybe it is backed by social credits of CCP.