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/biz/ - Business & Finance

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6609242 No.6609242 [Reply] [Original]

I want to continue laughing at their suicidal misery.

>> No.6609264
File: 56 KB, 582x702, DavorCoin.png [View same] [iqdb] [saucenao] [google]
6609264

>> No.6609374
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6609374

>>6609242
Tetherinos will soon follow. It is at place 22 regarding total market cap and place three on traded volume. Another sell off and some exchanges go belly up

>> No.6609793

>>6609242
>heheee hey!...

>> No.6609931

The tether crash will make the mt fox incident look like a bull run

>> No.6610239

>>6609931
truth

>> No.6610773

>>6609931
Red Pill me on the Tether scam. You're saying it's not backed 1:1 by $1?

I wired $30k to Bittrex... and I received 30k tether from Bittrex. Bittrex acquired those Tether from either trading $$$ or coins of equal market value. I used those tether to buy coins, etc... Where is the breakdown? I've been hearing about the "tether" scam for 6 months... but it just keeps working. We lost 50% of our market cap over the last 48 hours and it just keeps working. Is this a meme?

>> No.6610998
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6610998

>>6609242
do you think some people will still buy it?
with the amount of noob traders or hopeless people who want their money back?
it's $18 now

>> No.6611300

>>6610998
>ICO with BCC at $150
>support existing coin holders
>We will expect BitConnect coin to gain its value back
Are they serious. Announcing a fork or an airdrop might help, but an ICO. I want to see who buys BCC at $150

>> No.6611353

>>6610773
Read up on them. Lots of people have done the research and point out their shady shit. If you trust them after reading up on it that’s your loss.

>> No.6611517
File: 237 KB, 792x457, bitconnneeeeeeeeekkkkkkkkk.png [View same] [iqdb] [saucenao] [google]
6611517

You got to invest a little something.
You got stake a little something.
make a fortune, look what you invested
right, right, right, (take it stakers)
https://www.youtube.com/watch?v=Zl_hMKCtBPc

>> No.6611544

>>6611353
All I'm saying is it's always worked for me. You can't redpill me on the fundamental flaws that'll lead to the eventual downfall? Or are you just being a faggot a regurgitating nonsensical FUD that you've picked up here on biz?

I used USDT yesterday, as a matter of fact... Sold a few things to Tether, bought LTC with Tether, sent LTC to Coinbase, cashed some money out.

>> No.6611680

>>6611544

Just like how people used bitconnect a couple of days ago? You are retarded.

>> No.6611704

>>6611544
I really don’t give one shit if you lose everything and become homeless. I’m only posting so those that have the brain power to do their research are lurking and actually look into it and make the right choice. If you trust tether you keep doing you.

>> No.6611714
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6611714

>>6609242
What depressed fuck actually made this LOLOLOL

>> No.6611758

>>6611544
>print tether
>buy btc with money you printed
>btc goes up
>more people need more tether because bitcoin is up
>print more tethers
>buy btc with money you printed
it can only go so far anon....

>> No.6611818

>>6611517
>y'know they got a big supply
that should've been the tip off

>> No.6611838

>>6609264
>I have begun to get people to boycott bccx

>there are people who need to be persuaded to not invest in a company run by proven scammers

The absolute state of normies.

>> No.6611930
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6611930

i think this thread legitimately lack of
BEEEEEEEEEEEECOOOOOOOOOONEEEEEEEEEEEECCCCCCCCCCCCCCCCCC

>> No.6612051
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6612051

lol got shilled a few months back and invested $560 into BCC, never reinvested because I figured it would inevitabley crash, but I used it as a daily income to accumulate alts. Checked it last week before all of this and "$650 total earnings', lmao I feel bad for any of the saps who invested thousands recently. now I just have to figure out how to somehow exchange this POS they gave me back

>> No.6612187

>>6610773
>>6609931
Why should tether be backed by anything at all? It is just a financial instrument that allows people to take a safe haven when they think something is dropping. If all these exchanges had fiat the tether wouldn't be necessary.

>> No.6612547

If tether is just a memecoin that can be traded at $1, what the fuck is the point even? It's just a shitty version of a bank

>> No.6612659

>>6612547
Seeing as crypto to crypto is a taxable event now, yes, you're right. Tether is useless.

>> No.6612930

>>6612547
if you saw the crash coming you could have sold all your shit for tether then rebought way more when it ended, no $ loss

>> No.6612953
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6612953

>>6611930
Hey Hey Hey

>> No.6613006

>>6610773
hhholy shit this is such a painfully obvious shillpost

>> No.6613061

BITCONNEEEEEEEEEEEEECT
https://youtu.be/kbR1SXIje1U

>> No.6613156

>>6610998
you have to be an absolute insane retard to buy back into this company lmao

>> No.6613171

>>6611517
https://www.youtube.com/watch?v=Zchi-5bDspY

>> No.6613231

does that have anything to do with BCC/BCH?

>> No.6613350

>>6611544

remember what happened to fulltilt poker?

>> No.6613365
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6613365

I feel so not sad for anyone victimized by BitConnect, it was so OBVIOUSLY a scam

>> No.6613374

>>6613231
bcash and bitconnect are not related

>> No.6613454
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6613454

>>6613061
>longer version
https://youtu.be/1YCVZPBhrjQ

>> No.6613496
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6613496

>>6610998
>Best Regards,
>The Team BitConnect
literal pajeets detected

>> No.6613579

>>6610773
The breakdown is that there is 40+ billions of tether in circulation. If you seriously believe the devs have that money, you are retarded.

>> No.6613754

What's with people thinking it's not possible for Bitfinex to have the money to back Tethers? Do you know how much fucking money they make on fees? They probably make enough fees to cover the whole Tether market in one week of trading. Not saying I would be suprised if it turned out to be a scam, just funny how people think it's SO impossible that they could have the money.

>> No.6613926

>>6613231
Nah but it wouldn't surprise me I bcash did the same thing.

>> No.6614056

>>6613754
Coinmarketcap has them down as having 4 billion 24hr volume, it looks like they take 0.2% fees so that's 86 million a day, unless i've fucked up my figures somewhere it seems possible they have that much money

I imagine they have a lot more volume today than normall and they have some operating costs

>> No.6614272

>>6611517
my sides are gone

>> No.6614278
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6614278

>Trusting niggers with your money

>Africa is as poor as poor gets
>Africans still can't turn billions of free moni into a functional society
>niggers live on gibes everywhere else
>only rich nigger are entertainers a.k.a. monkeys paid to act like monkeys

>> No.6614363

>>6609242
Doing gods work anon. Only reason im on /biz today

>> No.6614392

>>6613061
what a giant spastic that man is. what the actual fuck?

>> No.6614464

>>6609242
I kind of feel sorry for my fellow brainlets. The only difference between them and me is that I know what a pyramid scheme is and I'm not a normalfag.

>> No.6614577

>>6609264
>>6609242
Look up Davor Coin, it will be the next thing to burst

>> No.6614702

>>6613754
$20million a day on average they make just on trades. Not including insane withdrawal fees

>> No.6614719

>>6612051

you cant thats the meme

>> No.6615162

>>6610773
I had a look at their homepage and everything seemed fairly legit.

I had a look at their partners page and everything changed

>> No.6615189

>>6609264
>wow this lending platform is a scam I can't believe I fell for this
>oh look another lending platform count me in

>> No.6615304

>>6610773
tether.io

there's no breakdown. it's back by dollar 1 to 1, and regularly audited.
ppl who play on crypto's fall, short, etc, just see it as a convenient topic to fud crypto with

>> No.6615354

>>6610773
and you can literally just transfer your dollar to tether.io and have the equivalent amount of USD wired to your bank account

>> No.6615877

>>6610773
They say its matched 1 for 1 in a vault somewhere

Read the fine print and they state they are not obliged to redeem any tether for dollars

sooooo you tell me lol

>> No.6615988

Every person who recruits another participant into the pyramid scheme can be sued for twice the amount the recruit paid. If a marketing system is found to be a pyramid, the court can also order the defendant to pay civil penalties and consumer restitution.

>> No.6616091

>>6609242

there are ppl getting their dicks sucked by paying $2000 for escorts from the money of normies that commited suicide today

>> No.6616387

they scammed me 3k AMA

>> No.6616583

>>6611544
Tether value is binary. Right now is 1. And then it will be 0.
The next big crash will be because of tether. And Btc will reach sub 3k levels because that's where we stood before the retarded btc bull run this year fueled by Bitfinex printing tethers like a madman
You can use tether as a Hedge during crashes only if tether is not the cause.
When this shit hits the fan anyone that didn't get in crypto before btc was lower than 1k will get Reqt hard

>> No.6616758

>>6614278
The term Nigger should be used as an analogy for black trash.
I know a lot of black people that is hardworking af and actually hates niggurs.

>> No.6616989

>>6609242
https://www.youtube.com/watch?v=D79oke_Zwt0

You can see that he is dead inside

>> No.6616990

>>6616758
Are you new here or just a nigger?

>> No.6617140

this whole bitconnect scam and watching all the niggers and roasties get royally btfo'd by such an obvious scam makes me so happy because i was smart enough to stay the fuck away from bcc.

keep posting salt faggots im fapping to this shit

>> No.6617270

>>6610773
tether isnt backed by real USD - how we know this is because even on their website they state that redeeming tether for actual USD fiat is not an option.

>this is a red flag that it is definitely a scam

>> No.6617327

>>6612187
this. Also retards think they print tethers to pump bitcoin, which is the most moronic thing I've ever heard

>> No.6617390

>>6617327
indeed. anyone saying tether being printed to pump buttcoin doesnt even understand how crypto works and is a literal norman.

>> No.6617394

>>6617270
>how we know this is because even on their website they state that redeeming tether for actual USD fiat is not an option.

You redeem them by depositing into bitfinex and then withdrawing usd

>> No.6617542

>>6610773
>>6611544
Bitconnect has been called out as a ponzi for more than 6 months, and until yesterday it "always worked."

>> No.6617552

>>6617394
gtfo shill

>> No.6617614

>>6617394
Right. All of this can work as long as the number of Tethers being converted to fiat doesn't exceed the exchange's capabilities. If there ever was a "bank run" though, the fact would surface that there are more Tethers than there are dollars available.

>> No.6617742

>>6616989
He's half-way to having the JUST haircut

>> No.6617782

>>6611517
damn that meme sure tells me u are one old as fuck oldfag
u need some pimp-my-meme homie

>> No.6617790

>>6617614
Didn't they just "print" 100 million or something? kek yeah they have it I'm sure...

>> No.6617835

>>6616989
He looks like the product of Joseph Gordon-Levitt blowing his load on the JUSTed haircut, while Brandon Frasier sat in the corner and watched.

>> No.6617993

>>6617394

What he's saying is what is stopping them from waiting for a crash holding taking all the btc people pay for tether and saying sorry we aren't changing tether for anything anymore.

Then tether is worthless.

>> No.6618011
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6618011

>>6611544
made this for you
its okay you can save it
just wish it could save us instead