Tether is burning

[Anonymous No.25959490]

So, Tether is burning the evidence 24h before the deadline.
Tell me again /biz/ why the Tether is FUD unfounded.

[Anonymous No.25959501]

>>25959490
He's panicking btc will crash tomorrow hahahahahahahah

[Anonymous No.25959520]

Was machst du?

[Anonymous No.25959539]

>>25959501
Is that the only argument you have left shill?

[Anonymous No.25959548]

>>25959490
>let an Italian who barely speak English do all your communication.
Yeah nothing to see here folks. This is a totally legit operation!

[Anonymous No.25959554]

>>25959490
>>25959501
Just destroy the evidence. Bitfinex is holding extreme amounts of BTC. Nomore Tether / USDT needed at this point.

[Anonymous No.25959584]

>>25959554
>destroy the evidence
>on a blockchain

[Anonymous No.25959585]

>>25959490

This is the level of schizo/retard you need to be to believe in tether fud:

>You think a billion dollar company (including the million dollar law-firms), 'burn-evidence' 24h before a deadline. Like some fucking 12 year old kid fucking with his homework. Even though this deadline has been known for YEARS.

Internalize that before you let these fucking jews buy your coins for cheap.

[Anonymous No.25959602]

Kek, USDT isn’t evidence you retard, this is probably because people have been redeeming dollars with their tether and tether have no use for these tokens themselves

[Anonymous No.25959614]

>>25959584

And also this.

[Anonymous No.25959625]

>>25959490
he sure is quick to reply to whale alerts

[Anonymous No.25959654]

>>25959602
You can't get USD for Tether, only the other way around.

[Anonymous No.25959710]

Read the twitter handle, it's not actually him

[Anonymous No.25959759]

>>25959710
Still, the burning is real. Just 24h before they have to hand over evidence.
Nothing suspicious here at all.

[Anonymous No.25960015]

>>25959759
post your short position or fuck off, you've been spamming the board all week with baseless FUD

[Anonymous No.25960044]

>>25960015
>baseless
That would explain why you people are on high levels of copium about tomorrow

[Anonymous No.25960086]

>>25960044
>document turn in deadline is meaningless
>copium
post your short position or fuck off

[Anonymous No.25960090]

>>25959759
And what does burning do on a publicly visible blockchain?

[Anonymous No.25960145]

>>25960086
I think you misunderstand, I'm saying Tether is fucked tomorrow and will take down all crypto not just BTC

[Anonymous No.25960190]

>>25960090
They desperately want to show that they actually have enough assets to back up the number of Tether in circulation.
Since nobody is buying any more, they are burning the ones they have.

If Tether was really backed up by real assets, why would they be burning it in the first place?
I'll give you a clue: they have been printing more than what they have in assets.

[Anonymous No.25960219]

>>25960145
You know what this post is missing? Your short position on BTC or various other cryptocurrencies. I know you don't have one you stupid fudding nigger

[Anonymous No.25960477]

>>25960015
"The market can stay irrational longer than you can stay solvent." Have you ever heard that one retard?

I can play that game too.
If you have do much faith in it, where's your 100x leveraged call on BTC?

[Anonymous No.25960618]

>>25960219
If you really didn’t think it was true you would not be so angry. But you desperately want your measly gains to quintuple you try so hard to make yourself believe. Don’t worry anon, all midwits do the same

[Anonymous No.25960736]

even if the tether FUD is true tomorrow practically means nothing, what you think the documents can be looked over inside 24 hours and a conclusion can be drawn, this shit could take months or even years cunt

[Anonymous No.25960772]

>>25960190
The idea is they burn when redeeming USDT

[Anonymous No.25960897]

>>25959585
>Big companies are always legit
>Ignoring all the literally multibillion dollar scandals

You're completely retarded

[Anonymous No.25960900]

>>25959759
Idiots believing Tether FUD and trying to redeem them? I'd find it rather suspicious if no burnings happened today. Even though I don't believe Tether FUD, I closed my Tether loan positions because I expect liquidity drying up with retards trying to get out of Tether today

[Anonymous No.25961077]

>>25959490
Lmao this one got me at first too. It's really not much more ridiculous than the shit they actually say so easy to believe.

[Anonymous No.25961600]

>>25959585
except the tether/deltec/bitfinex triad that is run by the same people is exactly what you can imagine
a shitshow ran by pajeets and other assorted weirdos who really dont know what the fuck theyre doing and things just
well
they inflated

[Anonymous No.25962092]

>>25960736
Like queen nigress laticia even knows what the fuck a tether is, it will be until the next bullrun when they decipher all this shit out

[Anonymous No.25962297]

I'm not into crypto, but this sounds interesting, can someone explain how the system works? I've thought that you just exchange btc for usd and vice versa. Why is tether even necessary?

[Anonymous No.25962351]

>>25962297
Where can you transfer USD for btc? Only exchanges and they're throttled by regulations.

Tether acts as a fiat on ramp. Send dollars to some random company, they mint USDT, USDT transferred to exchanges or dexes to purchase crypto. This is far preferable for large orders.

Only problem is the tethers are worthless. Well, they're worth 98c, but they're worthless.

[Anonymous No.25962429]

>>25960219
Are you 12? You post same sentence like a down syndrome retard.

[Anonymous No.25962513]

>>25962297
it's not hard to catch

>create tether out of thin air
>buy bitcoin

btc price goes nuts aswell as tether marketcap
A year ago tether was at 4 billion marketcap, now its 24 billion.
When this bubble pops, we're back at btc 4k

[Anonymous No.25963140]

Go on and be like him
>>25835492