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

/biz/ - Business & Finance

File: 268 KB, 720x1480, Screenshot_20210222-232331_Samsung Internet.jpg [View same] [iqdb] [saucenao] [google]

Anonymous Tue Feb 23 00:25:40 2021 No.29445352 [Reply] [Original]

i thought this shit was suppoae to be stable im down 60$???

>>	Anonymous Tue Feb 23 00:27:43 2021 No.29445497 >>29445352 it is but there's big movements going on so it's getting harder to adjust the price. should bounce back.

>>	Anonymous Tue Feb 23 00:28:35 2021 No.29445549 >>29445497 do i accept the loss and sell

>>	Anonymous Tue Feb 23 00:31:20 2021 No.29445752 >>29445549 I wouldn't. Don't know how tether works but I do know it keeps in line with the dollar with few variations. Keep until you're breaking even again at least, then sell, then get yourself big dinner for $60

>>	Anonymous Tue Feb 23 00:34:02 2021 No.29445912 >>29445549 why the fuck are you gonna sell? fucking retard they'll just burn some tethers to bump the price back to $1

>>	Anonymous Tue Feb 23 00:35:20 2021 No.29446013 >>29445912 its going to crash cuz theyre going to court with us gov i gotta sell or???

>>	Anonymous Tue Feb 23 00:39:05 2021 No.29446247 >>29446013 then switch to DAI or USDC tetherFUD has been ongoing since january and nothing happened

>>	Anonymous Tue Feb 23 00:45:58 2021 No.29446709 >>29445549 >selling tether at a loss The absolute state of 2021 /biz/

>>	Anonymous Tue Feb 23 00:48:03 2021 No.29446848 >>29446709 i made 3k on bnb i just want out now so i can stop looking at red lines

>>	Anonymous Tue Feb 23 00:48:25 2021 No.29446868 >>29445497 Anybody remember back in 2018 when it went down to like $0.90? That was real shit.

>>	Anonymous Tue Feb 23 00:49:07 2021 No.29446914 >>29445912 They dont have the tether to burn, they spent it buying btc.

>>	Anonymous Tue Feb 23 00:49:23 2021 No.29446924 File: 2.51 MB, 4416x3640, 1609525284981.jpg [View same] [iqdb] [saucenao] [google] >>29446709

>>	Anonymous Tue Feb 23 00:51:10 2021 No.29447030 >>29445549 mentally retarded please kys

>>	Anonymous Tue Feb 23 00:53:13 2021 No.29447140 File: 53 KB, 549x591, 1512770596610.png [View same] [iqdb] [saucenao] [google] >>29445352 1:1 peg only applies when you redeem At market it all depends on buyers and sellers More buyers -> higher price More sellers -> lower price

>>	Anonymous Tue Feb 23 00:53:36 2021 No.29447163 >>29445912 They haven't burned a single Tether since the end of 2018 and BTC went to $3k. Tether will never ever be burned, it will simply bleed to 0 as people realize (after this bullrun) that it's worthless and can't be cashed out.

>>	Anonymous Tue Feb 23 00:56:20 2021 No.29447323 >>29447140 how do i redeem

>>	Anonymous Tue Feb 23 01:01:36 2021 No.29447590 >>29447163 They recently burned 2 billion last feb 3, anon. Stop bullshitting https://twitter.com/search?q=from%3Awhale_alert%20usdt%20burned&src=typed_query&f=live

>>	Anonymous Tue Feb 23 01:04:49 2021 No.29447759 File: 3.57 MB, 498x255, 2878A405-9038-41B3-99DF-71024F8CAE21.gif [View same] [iqdb] [saucenao] [google] >>29445352 Anyone invested in Tether is fuuuuuuuuuuuuuuuuuuuuuuuuuucking retarded

Anonymous Tue Feb 23 01:10:08 2021 No.29448034
File: 40 KB, 775x509, sick burn bro.png [View same] [iqdb] [saucenao] [google]

>>29447590
>stop bullshitting
If I burn 2 billion usdt and then print 2.5b usdt on the same day, I haven't burned anything. That's just their way of moving usdt across chains and means nothing.

>>	Anonymous Tue Feb 23 01:12:54 2021 No.29448175 >>29447323 https://tether.to/redeem-tethers-to-bank-account/

>>	Anonymous Tue Feb 23 01:13:02 2021 No.29448185 >>29447590 whale alerts said they minted a trillion recently. Sun or CZ retweeted it.

>>	Anonymous Tue Feb 23 01:15:18 2021 No.29448300 >>29448175 it cost 1000$ to redeem???

>>	Anonymous Tue Feb 23 01:16:06 2021 No.29448330 >>29448034 >>29448185 That's the point of it. They burn and mint they burn and mint. Every stablecoin does that. This guy said >>29447163 they haven't burned a single tether since 2018 which is clearly false.

>>	Anonymous Tue Feb 23 01:17:39 2021 No.29448407 >>29448330 Trillion, with a T. they didn't burn a trillion with a t, or you would have bragged about it. >>29448300 yes. hahahahaha.

>>	Anonymous Tue Feb 23 01:17:40 2021 No.29448410 >>29448330 To explain it further. They burn if it goes under a dollar, they mint if it goes over a dollar. If tether hasn't burned since 2018 but has continually minted, shit won't be $1

Anonymous Tue Feb 23 01:18:16 2021 No.29448439

>literally counterfeiting US Dollars by the billions
>tied into every exchange, every cryptocurrency

All fucking crypto is going down like the titanic, get out, it's the largest ponzi scheme in the history of the planet, schiff was right about everything, get out

Anonymous Tue Feb 23 01:19:12 2021 No.29448501
File: 89 KB, 408x468, brrr.png [View same] [iqdb] [saucenao] [google]

>>29448330
They print about 3 billion usdt a week now. Whether or not you think USDT is a scam, the fact they are printing in exponentially large quantities must mean something to you, surely?
Every stablecoin burns far, far, FAR more often and don't mint nearly as much as tether, or in such suspicious quantities. These mints get transferred to various exchange wallets, then are used to buy BTC, and most of that BTC goes back to the bitfinex exchange wallet, which happens to be owned by the same people as tether.

Is none of this even remotely suspicious to you? Especially considering that only Paolo Ardoino and the lawyer are the only people working at tether who aren't using a pseudonym? The guy who is supposed to be running Tether according to LinkedIn literally doesn't exist, and their bank contains a fraction of the amount of money that Tether is supposed to have. If it looks like a duck and quacks like a duck...

>>	Anonymous Tue Feb 23 01:19:48 2021 No.29448531 >>29448439 IM TRYING SHAKEPAY WONT VERIFY ME

>>	Anonymous Tue Feb 23 01:20:21 2021 No.29448553 >>29448407 >Trillion, with a T. https://twitter.com/search?q=from%3Awhale_alert%20usdt%20minted&src=typed_query&f=live Only a B >>29448501 Never argued whether it was a scam or not. I'm just refuting your point saying "They never burned since 2018"

>>	Anonymous Tue Feb 23 01:22:24 2021 No.29448650 >>29446709 Fucking kek Only /biz/

Anonymous Tue Feb 23 01:23:28 2021 No.29448696

>>29448553
I consider "burned" to be what USDC does - pay real people USD in exchange for their USDC, and then send the USDC to an incinerator. That's real burning in my books. "Burning" some USDT on Tron, then minting twice as much on Ethereum, isn't real burning imo. It's just cross-chain money laundering.

>>29448439
>the world's first 1 trillion dollar ponzi scheme was created by some ex-mafioso italians with no headquarters or real assets
>everybody just went along with this because they were making so much money
I can't wait for the documentaries about it desu

>>	Anonymous Tue Feb 23 01:28:39 2021 No.29448947 File: 1.64 MB, 659x609, 1612856062494.gif [View same] [iqdb] [saucenao] [google] >>29446709 >the year is 2023 >the top thread on biz is asking how to upload an image of your paper wallet to coinspot

>>	Anonymous Tue Feb 23 01:29:41 2021 No.29448997 File: 68 KB, 2000x2000, tether-usdt-logo.png [View same] [iqdb] [saucenao] [google] >missed the entire bullrun hodling this piece of shit When the fuck will it moon?

>>	Anonymous Tue Feb 23 01:30:59 2021 No.29449045 >>29446247 >since january

>>	Anonymous Tue Feb 23 01:33:10 2021 No.29449145 >>29448997 lel

>>	Anonymous Tue Feb 23 01:47:30 2021 No.29449851 who else is bored let's pump this shitcoin to $1.05

>>	Anonymous Tue Feb 23 02:06:04 2021 No.29450759 >>29445352 https://bennettftomlin.com/2020/12/08/an-introduction-to-the-tether-bitfinex-controversy/amp/?__twitter_impression=true Tether is a scam sell it now

>>	Anonymous Tue Feb 23 02:09:05 2021 No.29450898 File: 1.89 MB, 200x200, 5122AABA-EA62-4D62-A0F2-9D8DF777FD3E.gif [View same] [iqdb] [saucenao] [google] >>29446709

>>	Anonymous Tue Feb 23 02:11:29 2021 No.29451023 >>29445352 Didn’t you know OP, one USD is no longer worth one USD, tether is going down to 0.90 https://www.marketwatch.com/investing/index/dxy

>>	Anonymous Tue Feb 23 02:24:55 2021 No.29451683 Stablecoins can vary in price. I decided to sell for EUR and wait a bit, it doesn't vary as much.

>>	Anonymous Tue Feb 23 02:50:55 2021 No.29452927 >>29445752 Dollar only goes up. Especially when printer go brrrr

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