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

/biz/ - Business & Finance

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6679265 No.6679265 [Reply] [Original]

Hey guys, some of you are pretty cool, don't go to crypto tomorrow.

>> No.6679300
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6679300

I'll bite...

What's happening tomorrow OP? You know something the cryptospace doesn't?

>> No.6679309
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6679309

>>6679265
>he thinks this isn't a bubble
>he "thethred up"
Get out now seriously.

>> No.6679372
File: 164 KB, 1476x968, tether printer.png [View same] [iqdb] [saucenao] [google]
6679372

https://twitter.com/tetherprinter?lang=en

printing 550,000,000 million imaginary dollars in six days isn't weird at all

>> No.6679416

>>6679372
Why do you need to spam these threads to make your point?

>> No.6679424

I think the tether printing is due to people actually tethering up.

>> No.6679455

>>6679300
a half trillion dollars of a 100 percent completely useless shit coin was printed in a week. This is the fucking end dude, do not miss this exit because it's going to be the last one. /biz/ is now one of the busiest boards, and even niggers are buying crypto because they think it will take them to Cadillac land.

Think about it, how realistic is it anyone of us is going to make it in this bubble, no fucking chance.

>> No.6679470

>>6679300

>>6666666
>>6666835
Before the phoenix is reborn, it must first die.

>> No.6679506

>>6679416
To help the fucking blind
>>6679424
If people are tethering up, and they need to print a over a half fucking trillion "dollars" to keep bitcoin afloat how much do you think this shit can last?

>> No.6679515

You guys think during the dip everyone took their money and went into bonds? No fucktards, the went into tether or their usd wallet and waited to buy in lower. Jesus fucking Christ we had this FUD the last dip as well. Everyone thought it was a crash too. Weak hands and retards gtfo

>> No.6679538

>>6679455
You'll make it

>> No.6679564

>>6679506
Until next friday atleast. Its gonna be a weekend boom for alts, then another reaping next week I think.

>> No.6679567

>>6679424
Also possible they are increasing for margin trading demand. Haven't checked the stats recently.

>>6679455
Do you have any idea how fucked fiat is right now? Equities overvalued? Real estate around major metros? Bonds risky as fuck? I don't disagree but you can at least own your private keys or PMs. There is no alternative for decent yield. Will not sell my blue chip positions nope nope nope. DXY is dropping like crazy inflation is coming markets will get flooded.

Nice comment down there you half-wit nigger. I'm very aware of what Tether is, who owns it and where they bank.

>> No.6679612
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6679612

Also look at what happened with BEEEEEEECONNNNNNNEEEEEEEEEEEEEECCCCC, a great meme, but they just pulled the wool over so many nigger and normies eyes, and I watched the whole board laugh, me along with them, but if you don't see the writing on the wall you deserve to lose it all. Good night.

>> No.6679701

>>6679612
> spreads fear then quickly exits
You didn't tell anyone anything new information from months ago. Thanks for shitting up the board. Anons will assess the Tether situation and make their own decisions.

>> No.6679804

>>6679265
youre missing the akarin one

>> No.6679809

>>6679455
dont spread stupid fud you fucken newfag. This tether situation hasnt changed since the start, theres absolutely no reason why it would cause chaos "tomorrow".

kys please

>> No.6679886
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6679886

>>6679470
https://www.youtube.com/watch?v=-U7L97mWFsY&t=17s

>> No.6679890

>>6679701
>>6679809
Tether printed almost 30 percent of its entire supply in a week. do the math.

>> No.6680001

>>6679567
I really hate this fucktard behaviour by crypto people. for the last few years we've had a deflation problem, japan in particular, the boj has been aiming for 2% inflation for ages and constantly missing it.

read a fucking economics books and educate yourself on whats happening in the economy now instead of repeating random shit by other crypto shit heads

not all inflation is bad, without it, you wouldnt get any fucking economic growth, cause the rich would just sit on there money instead of spending it

>> No.6680017

>>6679890
yes obviously because people wanted to tether the fuck up during the crash.... it doesnt mean anything, and it works the way it was intended to

>> No.6680078

>>6680017
Holy fuck, if you're seriously this much of a brainlet I'm so fucking glad i cashed out when I did. This is the average /biz/ poster too. Tether is a literal unapologetic PONZI SCHEME

>> No.6680168

>>6680078
you probably cashed out on the dip you fucking idiot

>> No.6680177

>>6679455
> 550,000,000
> half trillion

Lol

>> No.6680256
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6680256

>>6680078
Ponzi scheme is what finance in general has become. Tether is akin to QE, and that was a mega massive ponzi. And now, we're in a worse position than we were in 2008 with respect to exposure to toxic debt, and while there've been some exotic instruments used to try and reduce that exposure, it's not enough. So, unless you're stocking up on gold, gunz, and ammo, you're involved in a ponzi scheme regardless of what you do with your money.

>> No.6680290

>>6680078
they are printing tether because one tether can't be used twice, also they could print 1 trillion tethers if they wanted to, who gives a fuck if you can't exchange it for fiat?

>> No.6680382

>>6680001
Kill yourself you delusional keynesian retard
Inflation is bad and deflation is good

We had the industrial revolution in usa under deflation.

Stop reading keynesian bullshit """"""""""""economics""""""""""

We hate you central bank kikes here

>> No.6680450

>>6679416
He's ducking retarded just sage

>> No.6680576

>>6680382
turbo brainlet conflating technology advancement with economic policy

the greatest growth of global wealth is currently Right Now. using your same shitty argument one could argue Keynesian Is The Best

>> No.6680843

>>6680290
Yes, they can get fiat. How much more of a stupid faggot can you be. Tether=>btc=>usd

>> No.6681683

>>6679265
OP is a faggot and missed the dip.

>> No.6681856

>>6679506
>550,000,000
thats a half billion not half trillion....

>> No.6681959

>>6680576
Got him good anon

>> No.6681989

read this you dumb shits
https://medium.com/@bitfinexed/the-bitfinex-dilemma-blow-up-now-or-try-a-hail-mary-to-retain-in-business-10b9d989359f

>> No.6682329

>>6681989
top fucking quality anon

>> No.6682447

I agree that Tether is shady, as those are, once again, funny internet dollars coming out of nowhere, printed by the Omni guys to supply an insane demand. If those guys decide to cash out the funny money after printing half a billion more, or simply hold the BTC and stop the transactions, people are going to end up with useless Tethers that nobody want, or will find themselves without a solution to escape the crypto volatility.

USDT got the entire cryptoworld by the balls. If it crashes, the whole system burns. This crypto market is a freaking joke.