Tether fud

[Anonymous No.25913782]

What story behind hate on Tether?

[Anonymous No.25913821]

>>25913782
>tether backed by nothing
>print infinite tether for free
>use tether to buy free cryptos
>sell free cryptos for infinite fiat
>avoid audits
>15th court deadline

[Anonymous No.25913838]

>>25913782
Read pic related.

[Anonymous No.25913844]

>>25913782
last chance to sell bitcoin before it goes to $1k

[Anonymous No.25913864]

>>25913782
THEY SHOULD HAVE KEPT THEIR MOUTHS SHUT!!!

[Anonymous No.25913896]

>>25913782
it's not a fud its reality even if you are profiting from bitcoins pumps you must at least have the honesty to admit that this tether shit is shady as fuck

[Anonymous No.25913914]

>>25913838
just sold everything

[Anonymous No.25913915]

>>25913821
>>25913838
this legit spooked me and i cashed out a chunk when i read about it.

[Anonymous No.25913916]

>>25913782
https://www.coindesk.com/tether-mints-record-2b-usdt-in-one-week

[Anonymous No.25913941]

>>25913782
It's ok to do the same thing the fed does as long it's not the goverment doing It.

[Anonymous No.25913959]

Goes like this:
https://en.wikipedia.org/wiki/Enron:_The_Smartest_Guys_in_the_Room

[Anonymous No.25913971]

>>25913941
I thought crypto is the counter movement to gv and especially the FED, kek.

[Anonymous No.25913987]

What happens when bitfinex exit scam?

[Anonymous No.25913997]

RICO charges are applicable

[Anonymous No.25914018]

>>25913782
not spoonfeeding you
if you cant figure it out then you're an actual brainlet

[Anonymous No.25914036]

>>25913987
BTC back to 3 digits. Easily.

[Anonymous No.25914057]

>>25913782
All (((news))) be it in crypto, forex or stock markets are manufactured to gather liquidity.
When you understand this, you are redpilled on trading.

[Anonymous No.25914069]

>>25913782
it's just that tether probably didn't use customer pay ins to obtain USDT reserve. Some hints also point towards tether even printed out of thin air. As tether is the stable coin on which btc's volume is traded at only a mere 60%, there's nothing to see here. Just move on, you'll never hear of that again. Probably just angry nocoiner's cope.

[Anonymous No.25914435]

>>25913821
>backed by nothing
Have you heard about bitcoins, dollars or banking system?

[Anonymous No.25914472]

they will singlehandedly destroy this market.

[Anonymous No.25914491]

>>25914435
Tether is backed by nothing. Period. There is zero evidence of the contrary and furthermore they are avoiding any audit. Not exactly sure what you are trying to argue with the banking system, probably some retarded comparison.

[Anonymous No.25914500]

>>25914435
Tether isn't backed by bitcoins, dollars or banking systems. You have dog brains.

[Anonymous No.25914595]

>>25914435
lol, the money printed out of thin air backed by the asset that was purchased with the money printed. Ffs if you still don't get what's happening your're retarded.

[Anonymous No.25914631]

>>25913782
why are all january 15th tether fuds here so inorganic? only 4chan is talking about it, plebbit and other platforms aren't.
they just keep on repeating the same shit and the replies to it are all the same too
"tether going to zero, jan 15 deadline, etc"
the replies are: "converted all my usdt for the first time, unironically what will crash this current bubble, etc"
we get it bears, you want the market to crash like it did days ago wherein you all claimed "victory" because your coordinated tether fud "crashed the market" and "i told you so," but accept the fact that biz has nothing over the entire world, you know the world that's just going to hype more about crypto when we get to the mainstream part of the cycle soon
fucking coping bears, and no, i'm not saying tether is good but what i'm saying is this is ultimately a nothingburger because even if they issue an obviously bullshit explanation by the 15th, tether won't just die
you shortsighted retards really are something. XRP got sued by the fucking SEC just last month, gonna get delisted on coinbase and other exchanges, yet it's still the top 4 currency

[Anonymous No.25914726]

>>25913782
they did illegal loans and will suffer the consequences. soon we'll need oracles like dia and *shutters* link to the job of finding the right price for things

[Anonymous No.25914765]

>>25913821
>>25914631
>>25914631
>Jan 15th
I thought it was January 12th? Are these cunts going to keep changing the date back every time nothing happens?

[Anonymous No.25914821]

>>25914765
>https://www.coindesk.com/nyag-tether-bitfinex-loan-documents-coming-weeks

>I am not able to read a single article

[Anonymous No.25914878]

>>25914821
not a single pixel

[Anonymous No.25914893]

>>25914631
Only morons really think something will happen Jan 15th. Tether wouldn´t be trading at $1 today if there was even a small chance of something happening. Tether will keep printing throughout 2021 without a doubt. It´s just like 2017, those who listened to tether fud sold their bitcoin for $4000 just to see it goes to 20k couple months later.

[Anonymous No.25914932]

>>25914726
lol, DeFi as you understand it is a meme. No one needs a price finding smart contract.

[Anonymous No.25915015]

>>25914765
It was always the 15th

[Anonymous No.25915047]

>>25914893
Not on the 15th. Gov agencies take time so it might take months. You will seethe and post pink wojaks when one day neither CEXes nor DEXes will accept USDT for trading. Do what you want anon but it does not cost much to park your gainz in USDC/DAI for now

[Anonymous No.25915064]

>>25913914
you failed the test, ngmi

[Anonymous No.25915103]

>>25915047
i wouldn't park my gains on any exchange anon if tether goes down.

[Anonymous No.25915170]

>>25915103
The FTX jew donated $20M to the Biden campaign, he knows what's coming. Sherewd kike.

[Anonymous No.25915200]

>>25914893
So you do realize you're simply riding a short-lived wave over which only Tether and the Gov agencies have any kind of control and that it is a matter of when it will crash

[Anonymous No.25915300]

>>25913838
>If I repeat shit I made up often enough it will suddenly be true.

[Anonymous No.25915339]

>>25915300
>made up
hmm anon. i don't know

[Anonymous No.25915422]

>>25915339
I know you don't know. You don't know shit. You apparently can't even grasp basic logic or what it means to provide evidence for a claim.

[Anonymous No.25915472]

>>25915422
read the attorney's letters simply. No fantasy or conspiracy theories needed.

[Anonymous No.25915499]

they didn´t do the interview to give the people information about Tether, they did the interview to save their asses.

[Anonymous No.25915532]

>>25915170
>FTX
all you tether fudsters know FTX offers a USDT perp right? that means you can short tether directly against USD.
But you won't because you don't actually believe this crap with enough convinction to put your money down.
Just like you didn't have the conviction to buy bticoin or any other crypto
please try to derive pleasure from being financially destitute

[Anonymous No.25915546]

>>25913838
>>25913821
after watching the markets enough times i'm super comfy. hoping for a massive crash to buy in

[Anonymous No.25915569]

>>25915422
Shut the fuck up faggot, nothing in that pic is false. Stupid faggot shills and their condescending fud, you are so full of shit it’s ridiculous. Really, which part is fake you sniveling cunt?

[Anonymous No.25915629]

>>25915472
What specifically are you talking about and why can't you just lead with these damning specifics that aren't mentioned in any of your shitty infographics or other propaganda?

The latest letter says Tether is cooperating but asks to extend the injunction on lending until the 15th. The AG looked into your conspiracies in April 2019 and nothing came out of it. The issues that are still unresolved have nothing to do with any of your braindead horseshit.

[Anonymous No.25915784]

>>25915569
>nothing in that pic is false
Then BACK UP YOUR CLAIMS you subhuman nigger.
>Tether can print infinite fake money.
Is the claim you're trying to provide evidence for in the first place, your own claim is not evidence that it's true.
>Tether mints are correlated with spikes in Bitcoin price due to market "maniulation".
How do you know? If you want to suggest it as a possibility you have to at least provide some evidence even if circumstantial or debatable. You provide none. Nothing at all suggests the claim is true yet you don't just suggest it as a possibility you spam the entire internet about how absolutely sure you are based on nothing.

[Anonymous No.25916032]

>>25915784
So seem nervous. You'll never make it.

[Anonymous No.25916089]

Most of you will be crying little bitches when the big crash hits us. Tether is a scam and the house of cards is coming down. It will destroy at least half of the crypto market.

[Anonymous No.25916255]

>>25916032
I made it years ago because I'm capable of stringing together coherent thoughts and recognizing retardation.

[Anonymous No.25916265]

>>25915629
you don't know the civil cases apparently. The analyzed tether movements on address level. It contains accusation for a RICO case including money laundering, btc price manipulation and tether printing out of thin air. What you know is the letter from the state attorney with the deadline on 15th, true, this is only about the loan, however it's about the loan because the attorney wants to prove that tether uses tether buyers collateral as loans for sister companies (bitfinex). It literally couldn't be worse.

[Anonymous No.25916280]

I'm safe if I just swap to USDC or another stablecoin right?

[Anonymous No.25916294]

>>25916280
Yep, USDC is backed by circle and is audited every month. There's also BUSD which is china coin. Tether is a meme and no one gives a shit if it succeeds or fails. Gay bobos just want your bags.

[Anonymous No.25916300]

>>25913782
Confirmation bias, mostly.
If you sold at 25k and see BTC reach 42 and consolidate at 34, you will believe almost every infographic that tells you it's going back down.

[Anonymous No.25916352]

>>25913782
CHYNA!

[Anonymous No.25916397]

>>25915546
Nobody knows when it will collapse
US regulators are taking their sweet time, this ponzi could last a year or two longer

[Anonymous No.25916460]

>>25916300
>If you bought in at the top at 42k and see BTC go down to 34 and crab there, you will believe almost every cope that tells you it's going back up and then to 100k.
Confirmation bias indeed

[Anonymous No.25916531]

>>25915629
>The latest letter says Tether is cooperating
If by "cooperating" you mean dumping 2,5 million irrelevant documents on the AG's office like a retard in the most obvious stalling for time tactic ever.

[Anonymous No.25916569]

>>25916255
Cry harder

[Anonymous No.25916600]

>>25916265
when do you exect the big crash to happen?

[Anonymous No.25916654]

why exactly would tether crashing guarantee other crypto crashing?

I understand the function of tether before anyone does the basics

[Anonymous No.25916684]

"Per Tether and Bitfinex CTO Paolo Ardoino, new deep-pocketed institutional bitcoin investors like MicroStrategy or Ruffer Invest executing over-the-counter (OTC) buy orders has also cause significant USDT supply growth"

u broke mf's wouldnt understand. your being manipulated retards just like last time

[Anonymous No.25916727]

>>25916654
everyone would suddenly doubt the BTC price was legit and sell
tether makes it seems like there are a lot more dollars in the system

[Anonymous No.25916737]

>>25916684
>It's ze institutions

[Anonymous No.25916752]

>>25916265
At least try to back up your nonsense or don't post at all.
I assume you're talking about this but I shouldn't have to assume if you aren't retarded and capable of making a point yourself. This is written by private plaintiffs claiming they lost money due to market manipulation, it's just as irrelevant as your braindead posts and based on the same retarded internet propaganda. No actual data is provided just internet memes. According to this document tether deposited to Binance and Poloniex doesn't count as "real demand", just because they decided it doesn't.
https://www.courtlistener.com/recap/gov.uscourts.nysd.524076/gov.uscourts.nysd.524076.154.0.pdf
>>25916531
I'm referring to what the fucking AG said. Imagine the thought process or lack of it behind this post. Read it back and think how fucked in the head you have to be to reach the point where you reply to references to what the AG actually said in the letters you love to mention with the braindead cope you posted.
>>25916569
You'll waste your life shilling the latest internet meme always thinking you're gonna make it this time if you just keep lying more but you'll never have an indoors toilet.

[Anonymous No.25916753]

>>25916684
>MicroStrategy
>Michael Saylor
he's literally the biggest delusional shill possible
look at his cringe tweet: https://twitter.com/michael_saylor/status/1307029562321231873

this guy runs a shit company and thinks it can moon by buying BTC

[Anonymous No.25916983]

USDT : all crypto market cap is about 2.5%

its not that much though. Prices fluctuate like 5% daily in crypto anyway

[Anonymous No.25917018]

>>25916753
The bar has been lowered so much by Tether retards that this Tweet is a work of art in comparison. He will never say anything close to as retarded as the shit Tether shills say. That's the real word in a nutshell, the faggots at the top are retards but nowhere close to the utter subhuman trash that makes up the masses.

[Anonymous No.25917058]

>>25916983
But it's like 70-90% of daily volume.
Market cap doesn't mean anything, if you tried to sell 23B tether of bitcoin then BTCUSD would crash 80%

[Anonymous No.25917064]

>>25916753
how much net worth do you have compared to Michael Saylor, yeah thats right seethe more! your short position is not gonna make it.

[Anonymous No.25917108]

If any of this tether fud had any merit it wouldn’t still be trading at a dollar.

[Anonymous No.25917109]

>>25917018
not even a twitter shill you fucking idiot lmfao, the delusion in this thread is so real. Wonder how much you get paid to try to crash bitcoin, can i purchase your service on fiverr sirs???

[Anonymous No.25917126]

>>25917018
>>25917064
increasingly nervous posts

[Anonymous No.25917218]

>>25917126
Shorted bitcoin at 40 k then longed it at 30k, i know a few bitcoin traders for specific banks, the CME shorted this shit hard. I feel bad for the retards that sold but thanks for the money i guess lol

[Anonymous No.25917220]

>>25917058
>if you tried to sell 23B tether of bitcoin
Why is that suddenly relevant?
>market cap doesn't mean anything
>if you tried to sell the entire market cap
Why can't you string together a coherent thought? It's always one statement followed by a completely irrelevant one as if you operate purely on some emotional propaganda level.

[Anonymous No.25917315]

>>25915784

[Anonymous No.25917527]

>>25917220
>why is that suddenly relevant
He’s trying to explain why in this case market cap is irrelevant. in this case only daily volume is relevant, Tether makes up a majority of the daily volume, if the worst case scenario happens where Tether collapses, it will kind of be a big fucking deal.

[Anonymous No.25917529]

>>25917126
Nervous that the world is literally ending because nobody is capable of thinking anymore. You need to be studied, it's too easy to try to explain it by saying you're all niggers. I'm sure some of you are white, white people who have been trained to think like niggers.

[Anonymous No.25917592]

>>25916654
Tether printed out of thin-air was was a significant factor in pumping BTC from at least $10k to $42k. No one knows how low BTC would really go if tether rug-pulled.

[Anonymous No.25917593]

>>25917529
Did you cash out anon?

[Anonymous No.25917657]

>>25917108
Its being propped up hard for now because they know its on its last legs. Billons of dollars were minted in the last few weeks alone. All this guarantees is that the crash will be hard and fast rather than a slow-bleed in value.

[Anonymous No.25917739]

>>25917220
I meant the bitcoin market cap doesn't mean anything. The tether one is super relevant because everyone is assuming it's backed 1:1 by dollars.

[Anonymous No.25917791]

>tether backed by the dollar
>FED printed more money in 2020 than in a decade
>whales need to sell bitcoin but not cash out, so tether prints money to keep parity with the dollar
>bears who sold all early are in a coordinated campaign to make the price crash, or they will be priced out
>institutions still buying, making the price go sideways
>higher lows as of this week

The bear himself caused this problem. He tethered out in a early price, but dont want to put his money in the back, so he keeps it in tether. He is the true greedy one here, because he needs more coins, and for this he needs to buy it cheaper. So he fud over tether, to cause the noobs to sell their bitcoins, but a collective of weaks hands sell less than whales, so he increases his campaign.
Conclusion: there is no hate against tether. Its just bears trying to make profits. Coordinated fud, all very artificial and long-term holders can notice this easily.

[Anonymous No.25917835]

>>25917126
aye the scamcoiners are worried

[Anonymous No.25917933]

>>25917527
>He’s trying to explain why in this case market cap is irrelevant
By randomly mentioning an irrelevant scenario where market cap is the only factor? I doubt anyone understand the thought process behind that post including the poster.
>Tether collapses
You don't know what happens. Maybe it causes an escape pump. One of the few things we actually know about that kind of situation from experience is that nothing goes to zero as long as there's something to speculate on.
Either way all this is useless speculation about an event that's more unlikely than Satoshi returning and dumping on the market or an asteroid wiping out half the planet in the next decade

[Anonymous No.25918095]

>>25914491
>Tether is backed by nothing
How do you "back" a crypto? You dont really. No one wants physical assets. Theyre using tether to trade for BTC.

[Anonymous No.25918141]

>>25918095
based retard

[Anonymous No.25918149]

>>25918095
???

[Anonymous No.25918160]

>>25917315
>small print at 22 jan 20, massive btc rally
>massive print at may 20 and nothing happens, again massive print at 12 sep 20 and nothing happens...
Your chart disproves tether pumping btc. Plenty of huge prints there and no correlation with BTC price.

[Anonymous No.25918212]

>>25918095
And the most use case for tethers are the bears themselves. They sell, they dont want to cash out, they keep it in tether.
See how hypocrite they are. Some of them might panic with the thought of governments banning crypto, and the tether not being backed up, and hence buy into the fud, but most of the time is hypocrisy, really.
Stop shorting your crypto for tether and Ifinex will stop printing it. Its simple as that. If they dont print and the bear keep shorting, tether price will go above the dollar, and then it will not be a stablecoin anymore.

[Anonymous No.25918249]

>>25917592
How do you know? Why do you keep just saying random shit?
>>25917739
You're still not explaining your thought process. There are no premises leading to conclusions anywhere to be found, you're just saying random shit.
>I meant the bitcoin market cap doesn't mean anything
Nothing you say means anything. The Bitcoin market cap has plenty of meaning. It's actual data, real information unlike the apparently secret formulas you base all your conclusions on.
I assume you're trying to say something about how immediate price formation on an exchange works but it's irrelevant, you don't understand it yourself and you're too dumb to explain anything.

[Anonymous No.25918305]

>>25918095
If I had $100,000,000 I could make my own stablecoin and as long as I GET AUDITED and CAN PROVE that for every AnonCoin I have, I also have a dollar to show for it...then that’s it. Nothing stops me from working with a bank and doing that. Tether does not get AUDITED nor will they divulge which crypto assets back tether. This is why they are a scam for suckers.

[Anonymous No.25918319]

>>25917933
I was responding to:
>USDT : all crypto market cap is about 2.5%
>its not that much though. Prices fluctuate like 5% daily in crypto anyway
which implied to me that if tether disappeared (i.e. someone tried to dump it all or it went to zero) that nothing much would happen because it's only 2.5%

I think that's wrong because it makes up most of the daily volume so it is an integral part of the crypto ecosystem.

I think if the SEC attacked Tether like the attacked XRP and you saw it being delisted it would be a big blow to bitcoin. Maybe not catastrophic, it's hard to say, but it would for sure kill the "100k eoy" meme.

[Anonymous No.25918347]

To put it another way: if you sell your bitcoin for tether, you are buying tether, hence you are going long on tether, which will increase its price.
To keep tether stable, Ifinex have to print more tethers, to cover the price increase on the asset. If they dont do that, tether price will spike and it will be no longer a stablecoin. Only a brainlet dont understand this.
But the bear panic after he shorts for tether, because he is sided with the government, he is usually a statist. So he is afraid his masters might ban crypto, and he will not be able to cash the tether for printed money. Well, derivatives markets are there to prove this is not a issue, as they are not backed by printed money, and still works: https://www.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization-2020/
So stop being a naive, retarded pleb, DYOR and stop shorting for tether.

[Anonymous No.25918366]

>>25918249
>the apparently secret formulas you base all your conclusions on.
The only “secret formula” is what assets back tether because they will not reveal by which method the coin remains stable. Right now, it is “dude, trust me” which ranks considerably high on the fag index.

[Anonymous No.25918378]

>>25918305
>I also have a dollar to show for it...then that’s it.
Except no one cares. No one wants fiat reserves. No one is buying BTC to get access to Tether/USD. Its a trading vehicle and thats it.

[Anonymous No.25918427]

Any time crypto goes on a bull run tether is brought up to scare people to let go of theor crypto. I believed it back in 2017, but now I just think its ammunition for bears when they start shorting.

[Anonymous No.25918447]

>>25918249
The bitcoin market cap means nothing because the bitcoin price is super inflated and artificial.

The tether market cap should actually tell us how many dollars tether has in it's reserves.

Can you not see how they are different?

[Anonymous No.25918468]

>>25918378
>Except no one cares.
The government cares. The sec cares. Investors care. What kind of child response is this? No one cares about how a currency is backed? They are inflating the market with tethers yet tether never inflates? Hmmm...

[Anonymous No.25918479]

>>25918366
exactly it goes against the whole crypto philosophy which is that you don't have to trust anyone

[Anonymous No.25918508]

>>25918427
>the law hasn’t caught up yet so it never will we can commit crimes forever scot free

[Anonymous No.25918519]

>>25913782

[Anonymous No.25918550]

>>25918468
>Investors care.
Investors into what? Tether investors?
>No one cares about how a currency is backed?
No one is using tether as a currency. Its a trading coin. People are using btc/eth as currencies.

[Anonymous No.25918595]

>>25918519
all there is to it is fake money pumping btc and michael saylor covering it up with load_ze_institutions_meme.jpg

[Anonymous No.25918597]

>>25918550
>Investors into what? Tether investors?
Crypto investors who use tether and buy inflated Bitcoin and have no idea they are going to get fucking rugpulled incredibly soon. Those investors you sniveling shit. You got the eyes of the owl on you boy.

https://www.coindesk.com/ecbs-christine-lagarde-says-speculative-bitcoin-needs-regulation

[Anonymous No.25918665]

>>25918597
>inflated Bitcoin and have no idea they are going to get fucking rugpulled incredibly soon
Except its not inflated. Tether isnt pumping btc without a trader selling into tether. That trader will then rebuy later. Tether isnt making money unless the price appreciates after the supposed tether buying btc scam starts. You tether fudders seem to think people just hit buy and there isnt a counter party to it.

[Anonymous No.25918722]

>>25913782
its crap same old story we had with the dollars
trustful permissioned centrally ""backed"" and it increases your systemic risks including eth in the picture too

[Anonymous No.25918731]

tether fud is as old as tether.
It's different this time.

[Anonymous No.25918808]

>>25918665
Do you understand that Bitfinex is the owner of Tether. Bitfinex is further "minting" Tether and buys with the Tether BTC. People like you who THINK Tether is backed by anything are wrong.

Just do an audit. But I guess the world doesn't like audits.

[Anonymous No.25918891]

>>25918808
>People like you who THINK Tether is backed by anything are wrong.
Ive already said no one thinks tether is backed nor does anyone care. At worst it means tether is fractional reserve banking. No collapse of tether, no rugpull. Nothing will happen.

[Anonymous No.25918934]

>>25918891
And whats give bitfinex the right to do fractional reserve banking?

Do you think the government will keep allowing it?

[Anonymous No.25919063]

Brainlet wojack here. Is the point of tether and other stablecoins just to freeze your bitcoin at a fixed price to the USD to help against volatility?

How does tether gain from this?
And why would tether printing correlate with bitcoin booms?

I used it for a bit and it seemed helpful but withdraw to my bank after all the fud.

[Anonymous No.25919106]

>>25919063
Nevermind they just print their own tether and use it to buy crypto?

[Anonymous No.25919112]

>>25918934
>And whats give bitfinex the right to do fractional reserve banking?
You dont need rights expressed to do anything in crypto, just do whatever you want. Besides we saw already what happened when tether has a run back in 2017. People sold it for btc/alts and it pumped. No collapse, no rugpull on btc. Nothing happened.

[Anonymous No.25919167]

>>25914435
>create some Tether
>go to bank
>you boys buy my Tether
>"OK"
You think this is how it works?

[Anonymous No.25919172]

>>25919063
Imagine I start declaring that every dump I take it's worth $1 trillion, and for some reason people take my word for it. Every day I take a dump, I use that trillion to buy every house in the country, causing a brutal price hike.
One day, it's revealed that the dumps I was taking were worth nothing, they were just shit. What do you think wil happen to the price of houses and the people who bouth them at peak price?

[Anonymous No.25919182]

>>25913821
Tether is backed by dollars

So yeah, It's basically backed by nothing.

[Anonymous No.25919207]

>>25913821
>Did exactly what the fiat system does
>silly faggots, only government is allowed to do that

[Anonymous No.25919208]

>>25919106
in a nutshell, pretty much. some anon posted a screenshot close to the top of thread that summarises the concerns quite nicely. so it will be a bit clearer what's up after friday

[Anonymous No.25919211]

>>25913844

Sell to what, Fiat or another stable?

I do agree that tether is pumping the market to an insane level and turned bitcoin into another ponzi.

But this is known since 2017 ( which is the reason I left the market) and the shit show is still running. Who knows when or if this ends though, it's been almost 4 years already...

[Anonymous No.25919218]

>>25919106
Yes, artificial BTC pumps.

[Anonymous No.25919226]

>>25913916
how much did the fed print last year?

[Anonymous No.25919246]

>>25919112
>You dont need rights expressed to do anything in crypto, just do whatever you want. Besides we saw already what happened when tether has a run back in 2017. People sold it for btc/alts and it pumped. No collapse, no rugpull on btc. Nothing happened.
And thats exactly why they're bringing in the Stable coin regulations.

[Anonymous No.25919262]

>>25919182
dude, Tether does not have the liquid assets to back up their minted coins, so it's not even backed by dollars, it's backed by less than cents.

[Anonymous No.25919271]

>>25913782
where the fuck have you been?

[Anonymous No.25919329]

>>25919208
>so it will be a bit clearer what's up after friday
Except it wont be. The court case isnt about their funds its about providing documents. Tether will provide documents which will show nothing for years.
>>25919246
>Stable coin regulations.
You were going to get regulations anyway. The zogbot financial system wasnt going to give up their golems that easily. Besides stable coins should be gone. Any of them other than dai are based on the existing financial system and need to be removed anyway.

[Anonymous No.25919330]

>>25919226
retarded comparison. The fed is backed by the US military. Tether is backed by a small bank in the caymans

Its just a matter of time until the house of card collapses

[Anonymous No.25919375]

>>25919329
>You were going to get regulations anyway. The zogbot financial system wasnt going to give up their golems that easily. Besides stable coins should be gone. Any of them other than dai are based on the existing financial system and need to be removed anyway.
yes and this is the excuse to do it.

Glad you agree

[Anonymous No.25919450]

>>25919106
Imagine Elon Musk had access to the Federal Reserve, and every time $TSLA stock dipped he printed $10B dollars and used it to buy TSLA. Then he printed billions more as it was pumping.

This is happening now with Bitcoin cause no one can regulate the stablecoin meme.

[Anonymous No.25919451]

>>25918366
>they will not reveal by which method the coin remains stable
Arbitrage bots redeem them directly, when demand decrease is affecting the price large amounts get burned. You assume because you and your army of retards don't know shit nobody does. Nobody owes you any information, their actual clients are satisfied and you're too lazy and retarded for it to be useful to you anyway, so far you've done everything you can to misinterpret the little information you do have and ignore what's available.
>>25918447
>market cap means nothing because the bitcoin price is super inflated and artificial.
You're trying to support your conclusions with your conclusions again. That's circular logic and a reminder that you haven't developed the capability to think about anything.

[Anonymous No.25919562]

>>25919451
>Arbitrage bots redeem them directly, when demand decrease is affecting the price large amounts get burned. You assume because you and your army of retards don't know shit nobody does. Nobody owes you any information, their actual clients are satisfied and you're too lazy and retarded for it to be useful to you anyway, so far you've done everything you can to misinterpret the little information you do have and ignore what's available.
Us retards aren't the ones Bitfinex has to satisfy. Its the FEDERAL GOVERNMENT.

What they're doing is essentially warping the fiat system. They have an unrestrained access to the fed's banking system because of what they're doing.

Its true, the feds are full of retarded boomers thats why its difficult to put together a case and regulations. But its just a matter of time until the feds figure out that Bitfinex has created a system that is infallible and malignant to the fiat system the feds have established,

Having the ability to make fake money, then buying commodity with it and then doing it again to increase the price of the commodity you first bought is plain market manipulation.

Once the feds get a whiff of this its over

[Anonymous No.25919609]

>>25919451
>their actual clients are satisfied
chink exchange ceos like cz? who is giving billions to tether every week?

every American crypto CEO is investing in USDC, and that gets meager $8M mints every week. explain that

[Anonymous No.25919772]

what exactly do you expect will happen, brainlets? It will take months before the SEC has processed those thousands of pages of the Tether report.
Wheels of justice turn slow.

[Anonymous No.25920071]

>>25919772
millions*

[Anonymous No.25920117]

>>25919375
>Glad you agree
You move the goalposts constantly. The "great crypto collapse" has been downgraded to "regulatory pressure continues like fucking always".
I avoided Tether since the start because it's a centralized shitcoin like the USD. that's not a new revelation. The specific claims are all horseshit.
>FEDERAL GOVERNMENT.
Actually read through the available information instead of pretending you did. As far as I can tell they were satisfied around April 2019 that the fud is horseshit and kept focusing on the money laundering which is actually happening instead of the fantasies of the dumbest people ever to breathe.
>But its just a matter of time
Why? You keep working from the assumption that everything you're claiming is true but you never reference anything that even slightly suggests that you might be.
>Having the ability to make fake money, then buying commodity with it and then doing it again to increase the price of the commodity you first bought is plain market manipulation.
How do you know they did this? What actual information do you base this on? Your meme charts which when analyzed show the exact opposite?
>>25919609
>billions to tether every week?
It's 20 billion total after all this time. That's not billions per week. You like to pretend you understand the effects of volume when it's serving your narrative but suddenly when it doesn't suit you the concept is alien to you.

[Anonymous No.25920131]

>>25913915
must be new

[Anonymous No.25920517]

>>25920117
>You move the goalposts constantly. The "great crypto collapse" has been downgraded to "regulatory pressure continues like fucking always".
You're not arguing with the same person you retarded nigger. I didnt say any of that. Fucking delusional moron

[Anonymous No.25921017]

>>25920517
Kys nigger shill. You're all pushing the same narrative using whatever desperate cope you can find.
You're now trying to take the Biden angle to make the same claims about an apocalypse. Nothing is happening that hasn't been happening since the start.

[Anonymous No.25921080]

>>25921017
Holy fucking schizo. Yeah you're a mentally ill nigger.

[Anonymous No.25921147]

>>25913941
lowest IQ take in all tether fud threads

[Anonymous No.25921384]

>>25920517
>I didnt say any of that
You said everything I greentexted. Every single point made is baseless speculation and you wander between premises based on where placing the goal posts suits you in any given moment. Your inability to address what I say suggest I'm right that the only thing you base this whole thing on is the meme chart. Just think about it objectively for a second how incredibly dumb/naive that is. Whatever happens with crypto you have to seriously reconsider everything you believe, you clearly don't have the judgment to evaluate anything.

[Anonymous No.25921406]

>>25913838
This is bullish for BTC

[Anonymous No.25921409]

>>25921384
Click on my ID and see all my highlighted messages you schizoprenic retard

[Anonymous No.25921628]

>>25921080
Being unable to think coherently is a sign of mental illness. Being unable to formalize the reasons for doing what you do or believe what you believe is a sign of mental illness. When you demand you're right about random claims with nothing to back them up that's pretty much the stereotype of an insane person.
>>25921409
This is not how a sane person communicates his thoughts. I can't read your mind. You said everything I greentexted directly and everything I paraphrased in the first line indirectly.
>stop assuming
Then be clear retard.

[Anonymous No.25922229]

>>25921628
You just quoted me twice like you're arguing with two different people.

Do you realize how deranged and insane you sound right now?

You schizo fucking retard everyone can read your insane ramblings

[Anonymous No.25922311]

100k when?

[Anonymous No.25922420]

>>25919207
They have guns you dipshit.

[Anonymous No.25922428]

>>25922229
I'm not the one unable to explain why I believe what I believe and diverting to rambling about completely reasonable posting styles. I referenced your second post when I was talking specifically about that post. This is common practice and even if you're new it's easy to grasp as long as you're not a subhuman Tether fudder.

[Anonymous No.25922499]

>>25913782
nocoiners fud

[Anonymous No.25922533]

>>25922499
this

[Anonymous No.25922728]

>>25913782
>NYAG 2018 demands docs
>Push courtdate
>Push giving of docs
>2019
>2020
>Push
>Create own bank
>Write retarded ic related letter from this bank claiming 1,8B is in deposits there
>When bank's asked about details of this letter no details are given
>Tether owns shares in this newly created pajeet bank in Panama
>Final deadline of giving docs jan 15 2021
We'll see what they can do
Innocent people don't push and delay for 3 years and create partner banks that write letters with a bunch of typos about "u have 1,8b with us no problem here"
This recent rally is a pump and dump exit scam
Rally started at JUST the perfect time which makes you think
(BTC rallied proportionally compared to all the other crypto assets)
Dear sirs

[Anonymous No.25922843]

>>25913782
this little USDC fucker will swallow tether in a whole, scam wick will be retarded tho

[Anonymous No.25922885]

>>25922728
lol wtf is that signature

[Anonymous No.25923006]

>>25922885
https://youtu.be/b_Uq5QCHcU0?t=1393

[Anonymous No.25923069]

>>25922728
Nice fud bro, deltec bank is legit

[Anonymous No.25923183]

>>25915170
Yeah Sam Fried Bank man is a manlet little kike, that steals your money.

[Anonymous No.25923188]

>>25923069
>holds only 5 billion in funds
>somehow banks for tether (23 billion) and all of their customers sending them $400 million on the weekends
definitely seems legit

[Anonymous No.25923191]

>>25922728
Let's assume for a moment they're hiding something illegal and not just delaying any actions the government takes since they've been unfair in the past.
What's the most likely crime they're committing? What's most profitable in their position and what do people in similar positions get caught doing? The obvious conclusion is money laundering but instead you make up elaborate stories that make no sense and don't actually fit any available data.

Out of all the things you could do with your position as the dominant stablecoin the supposed Tether pump is one of the dumbest and it doesn't even need Tether, exchanges could do it more easily with fiat in their local databases that aren't on any public blockchain or twitter alert bot.

[Anonymous No.25923228]

Red candles when, wojaks when?

[Anonymous No.25923440]

>>25913838
that's a whole lot of assertions with no proof

[Anonymous No.25923600]

>>25923183
this, leveraging on his gambling platform is literally funding democrats

[Anonymous No.25923664]

>>25922428
To be fair, he is the only one making sense and backing what he says unlike the retarded tether fudders

[Anonymous No.25923734]

>>25923191
Lol fully agree

[Anonymous No.25924058]

>>25923191
>the supposed Tether pump is one of the dumbest and it doesn't even need Tether
It's one of the greatest hell are you talking about?
You are coming to their aid for example that's how well the scam is working
Lots of people believe it's legitimate
>not just delaying any actions the government takes since they've been unfair in the past.
When was this?
The suit going on right now is the same one that's been going on since 2018
Tether's only existed in its current form since 2014
>What's the most likely crime they're committing? What's most profitable in their position and what do people in similar positions get caught doing?
Market manipulations *and* money laundering is one of the worst crimes you can commit and the way they're doing it they're manipulating an almost trillion-dollar big international market

You get more time in prison for this than you do murder

[Anonymous No.25924240]

>>25923440
>no proof
>trust us goy every single tether is backed by a real dollar just take our word for it

At least usdc has been audited

[Anonymous No.25924354]

>>25923069
You guys suck at your job, damn.

[Anonymous No.25924383]

Fucking comfy holding bitcoin knowing the only vector of attack no coiners are left with is to fud an irrelevant stablecoin shitcoin lmao

[Anonymous No.25924478]

>>25924240
I know USDT is a scam but that infograph is weak as shit.

[Anonymous No.25924691]

>>25914631
>only 4chan is talking about it, plebbit and other platforms aren't.
and this is exactly why you know the tether shit is real.
most retards here dont believe it either and no one outside this place even knows about it.
people are going to lose ALL of their money XRP holders notwithstanding

[Anonymous No.25924757]

>>25915546
It'll be great watching all the coinfags seething.

[Anonymous No.25924794]

>>25924691
Fud fud fud. You sound like those trumpets chanting stop the steal. Making baseless claims. Oh wait you guys believe in mass voter fraud too. Lols

[Anonymous No.25924803]

>>25924058
>It's one of the greatest hell are you talking about?
The entire narrative is that it's "all coming down" meaning it was a dumb plan even if everything works the way tether fudders pretend it does which it doesn't.
>Lots of people believe it's legitimate
There's no reason to believe it's not. You can't provide a reason, you don't seem to know what reason is.
>When was this?
The main reason it gained adoption is because all the exchanges were in constant battles with governments over fiat gateways. Governments have been inconsistent since the start with some arms becoming actively hostile to anything crypto regularly.
>the way they're doing it
You don't have a clue how they're doing it and if they're doing it. You assume based on nothing that you know but you don't know shit. This is the entire problem. What do you base any of this on? I don't want to hear endless rants about the details of your inane theories. Just tell me why you believe them when you present nothing that suggests they're true.

[Anonymous No.25924832]

https://www.kalzumeus.com/2019/10/28/tether-and-bitfinex/

[Anonymous No.25924882]

>>25924832
Is this the breitbart if crypto? Lol

[Anonymous No.25924914]

>>25924794
>>25914631
>you know the world that's just going to hype more about crypto when we get to the mainstream part of the cycle soon
if you think we're still in the "awareness phase" you are without a doubt a moron.

[Anonymous No.25924972]

>>25913782
I can unironically confirm tether fud is a nothingburger, anyone seeing this early consider yourselves lucky

[Anonymous No.25925009]

>>25924882
founder and ceo of stripe

link wasn't directed at you, but at the very few smart anons lurking

[Anonymous No.25925082]

>>25925009
eh, might be wrong on the first part

[Anonymous No.25925095]

>>25924478
That infograph is 100% accurate

[Anonymous No.25925220]

>>25914435
Tether is not a central bank and that makes a pretty big difference anon. States have the right to depreciate their own currency but they become less attractive when they try to get a loan. In a market without regulations it's like selling empty promises while having no responsibility.

And before you ask, you can't back your currency with another currency which is directly or indirectly impacted by your money printing.

If they can't prove they have actual funds to back their seemingly empty tokens, the whole market will collapse big time.

[Anonymous No.25925251]

>>25925095
Nope. There's a reason it doesn't include sources for the claims.

[Anonymous No.25925258]

>>25925009
"My name is Patrick McKenzie. I’m a recovering Japanese salaryman who ran a succession of small software companies. At present, I’m working at Stripe, working making it easier to start and scale companies worldwide."

You see that as founder and ceo of stripe. Wow now I am even more sure that you tether fudders are fucking retards

[Anonymous No.25925282]

>>25924832
From the start he does the same braindead thing of deciding what he wants to belive then making up fantasies instead of relying on real data. The rare actual data he wildly extrapolates from is linked but at most the actual data implies looking the other way when clients are laundering money. The rest is just the same braindead cope with no basis in reality.

>I don’t hold any position in cryptocurrencies. I continue to believe that they’ve produced substantially no value in the world. I’m not philosophically opposed to shorting them to zero, but the mechanics of doing that are non-trivial.

[Anonymous No.25925324]

>>25924803
>prints $2B in one week out of nowhere
>stfu fudder tether is legit!!11
Nigger I don't even understand what you're trying to saying. Do you really not see anything suspect in what tether is doing?

[Anonymous No.25925338]

>>25925251
You could challenge a single claim and get blown the fuck out in a second so no anon, I don’t care what you think.

[Anonymous No.25925501]

>>25925282
For this discerning reader, this post does not actually address a single claim from the website posted, but merely makes accusations about the intentions and though process of the author. A useless, ad hominem retort.

[Anonymous No.25925533]

>>25913838
sorry I don't trust anyone who puts a period at the end of a bullet point.

[Anonymous No.25925662]

>>25924832
>Biggest scam since Madoff
nice way to summarize it but they washed more money

[Anonymous No.25925706]

this fud has been getting to me
just switched to usdc

[Anonymous No.25925739]

>>25925501
I went through all 20 of his posts and the closest thing he came to posting something tangible was this
>According to this document tether deposited to Binance and Poloniex doesn't count as "real demand", just because they decided it doesn't.
https://www.courtlistener.com/recap/gov.uscourts.nysd.524076/gov.uscourts.nysd.524076.154.0.pdf
Which is an absolutely retarded statement to make because he doesn't even address what constitutes demand or not. He probably considers it impossible for tether to mint for any other reason than actual demand lmao.
>>25924803
You talk like a retarded leftist. Let me guess, you don't believe election fraud happened either? You're a fucking dumbass. Just because tether doesn't directly state that its committing fraud doesn't make it legit. Stop trusting muh centralized institutions just because you're kike mouth drools over the ability to mint $23B out of nowhere.

[Anonymous No.25925766]

>>25925258
I'm not writing a damn paper but shitpost on 4chan. Didn't look it up, that's what I remebered. Startup world is large and he is involved in that at least.

>>25925282
I'm not claiming you should sell, but I do expect short to mid-term price fluctuations. This whole fucking thread is based on emotion and a handful of infografics. Sounds braindead to me. The whole concept of Tether is fishy and everyone in crypto should be aware of that

>>25925501
>ad hominem retort
thanks reddit, but in this case I unironically agree

[Anonymous No.25925829]

>>25925338
Let's see some real proof for the following, schizo ramblings and arrows are not proof.
>Tether printing came close to $30B in 2020
Plainly false just looking at the supply. Can't be said to be a rounding error either.
>Tether mints are correlated with spikes in bitcoin price _due to market manipulation_
>Bitfinex uses Tether to _place market orders_ for BTC and other crypto currencies
>Real users put real dollars in the exchanges after _they artificially inflate the price_
>Colluding exchanges like Huobi and Binance help wash the USDT by making additional purchases
>Bitfinex sets artificial price floors as the price of bitcoin plummets
Again, I too believe USDT is fraudulent but these things aren't proven yet.

[Anonymous No.25925934]

But why don't you trust me when I say this is a fud? I am a jannie working at stripe. Trust me I am involved

[Anonymous No.25926021]

>>25922728
They didn't create Deltec though, and the NYAG said that tether are being very cooperative

[Anonymous No.25926053]

>>25913838
This is literally Q posting about tether now |
/x/ is over there my man

[Anonymous No.25926223]

>>25925324
>Do you really not see anything suspect in what tether is doing?
Not in the things you see as suspect. The total printed "feels" high to you and it "feels" low to me. The market is what actually decides and when the price is higher than $1 that means the supply really is too low.
>>25925501
The article links documents relating to the things that are actually suspect about tether but conflates sourced data with his own theories pulled out of his ass. At the start he tries to distinguish what are his theories from facts but he abandons that immediately and just starts spewing shit.
>>25925739
>he doesn't even address what constitutes demand or not
I don't have to. He was using this document as evidence but this document just restates the same tired twitter threads without backing anything up and doesn't relate to anything the government is doing, it's random retards posting twitter memes in court. The "expert analysis" in the document boils down to saying if you can trace a large part of the supply being transferred to Binance and Poloniex that isn't "real demand" just because we decided it isn't. No evidence or even clear definitions like you're asking from me now, just wild assertions.
>Just because tether doesn't directly state that its committing fraud doesn't make it legit.
Why can't you or anyone else make a single coherent argument for something you believe so strongly? Why are you so certain about things you don't know shit about and can't argue? Do you go to programming forums and start talking shit about programming languages because you heard some guy on twitter say python is bad or whatever?

[Anonymous No.25926354]

>>25917529
>Think like niggers
That's like saying swim like a quadriplegic.

[Anonymous No.25926605]

>>25914932
wow, no one needs increased efficiency and cutting out the costs of middlemen? stfu retard

[Anonymous No.25926894]

>>25925338
>>25925829
suddenly, it got real silent in here