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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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28660412 No.28660412 [Reply] [Original]

https://www.twitter.com/LucaLand97/status/1360352714757189640
What do you think?

>> No.28660610

>>28660412
Shameless self not bump.

>> No.28660735

>>28660610
what am I looking at?

>> No.28660743

>>28660412
Chinks taking real electronic $ to turn into fake electronic $?

>> No.28661211

>>28660735
You are looking at
>(cash out OR move to USDC) OR ELSE regret later

>> No.28661437

But to give you some gambling dopamine h o p i u m
>https://www.twitter.com/Durthpreet/status/1360563548317974529

>> No.28661531

>>28661211
>tfw I still see people say to cash out tether if there's a crash
that's probably a fate worse than holding a shitcoin to 0

>> No.28661668

>>28660412
what is this

>> No.28662243

>>28661531
Cashing out tether? No, just cashing out or move to USDC.
You have to consider options because IRS (or other equivalent dep. on your country) ofc.

>> No.28662343

>>28661668
Freshly minted $1B USDT, showing the flowing...
https://twitter.com/search?q=from%3Awhale_alert%20minted%20at%20Tether%20Treasury&f=live

>> No.28662352

>>28661211
very based anon, thank you

>> No.28662461

>>28661668
Read the whole thread from my initial post, you can find this
>https://twitter.com/Billy1Birdy/status/1360359817181753344

>> No.28662495

I thought the tether was being purchased by private buyers why is it going straight to binance?

>> No.28662672

Another one to check
>https://twitter.com/RealWillyBot/status/1360588473732849671

>>28662495
Good question, fren.

>> No.28663615

Can any big brains shed some light on this?

>> No.28663688

>>28663615
It's simple >>28661211 ...it's just a question of time.
But thinking about that, some exchanges might go down too, so that might not be a good option in the end...

>> No.28664124

>>28663688
How long do we have do you think?

>> No.28664516

>>28664124
I can't answer that desu, but when it happens, it will be probably very quick.

>> No.28664674

>>28664516
TY

>> No.28664736

>>28664124
Feb 15

>> No.28664777

This only really impacts USDT and Binance though, right? Don't see why I'd cash out my BTC cause of this

>> No.28664840
File: 81 KB, 300x250, 98326960-8789-4166-B861-150A5D768EB4.jpg [View same] [iqdb] [saucenao] [google]
28664840

Is China going to ruin everything for us?

>> No.28664857

>>28660412
Nice try kid, now go usdc

>> No.28664934

Reminder that these skitzo clowns conned brainlets out of their btc before jan 15, don’t let it happen again

>> No.28664972

>>28662495
>>28662672
...isn’t CZ obviously the world’s largest private buyer, considering his exchange is the #1 contributor to daily USDT volume? Seems like a total “no shit”.

>> No.28665027

>>28660412
To be clear, 1B USDT has been created and laundered into/through bitfinex and binance?
Will this actually have an impact and if so, on just those players and USDT or further? US treasury does it all the time.

>> No.28665029

Can I get a quick rundown?

>> No.28665030

>>28664972

Yeah because USDT is mainly used to settle transactions for EXCHANGES after the fact. This just confirms what we already know

>> No.28665063

>>28662495
It’s almost as though they’re taking that tether and using it to trade btc on the largest exchange on earth, confirmed nothingburger

>> No.28665095

>>28664777
It would cause a market crash I’d imagine. Nice trips

>> No.28665145
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28665145

>>28665029

>> No.28665253

Liquid exists if they didn’t want you to see their transfers you wouldn’t

>> No.28666698

Oh, are we doing Tether FUD again?

>> No.28667299

>>28660412
LOL u do know 1000 million = 1 billion

Pic related 100 million = 1 billion

Fuck thats a easy 10x

>> No.28667714
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28667714

>>28660412
this is the most awful, retarded Tether fud that I have ever seen

He made a chart showing that tether moves into exchanges. Why else would tether exist?

Either tether bought coins from these exchanges (why doesn't this "autist" show outgoing coin movements in his chart? Are there coins leaving the exchanges in an amount that would be close to the value of incoming tether?)

Or maybe tether is sending a manifest to the exchanges detailing which accounts should be credited which amount.

Tether is a scam but this is just really lazy fud. It's insulting that I had to read this.