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/biz/ - Business & Finance


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File: 114 KB, 1321x485, tether.png [View same] [iqdb] [saucenao] [google] [report]
6760676 No.6760676 [Reply] [Original] [archived.moe]

UMMMM GUYS????

>> No.6760698

It's over anon. Cash out

>> No.6760703

Should I buy the dip? That's 10% discount on any coin

>> No.6760723

>>6760698
HOW DO YOU CASH OUT

>> No.6760744

>>6760676
>>6760676
>>6760676
kek

>> No.6760768
File: 51 KB, 600x600, 1492895921059.jpg [View same] [iqdb] [saucenao] [google] [report]
6760768

NONONO
IT'S TOO SOON

>> No.6760785

Idiots

>> No.6760799

Oh retarded bait but this happened before
Check CMC 27 April 2017

>> No.6760809

>>6760676

Fake news. good try pajeet. nearly had an heart attack

>> No.6760819

flash crash and i think everyone had the same idea and poured all their crypto into tether at the same time

>> No.6760824

bought this shitcoin at $1 4 months ago and it literally doesn't move. i'm about to drop my bags

>> No.6760830
File: 33 KB, 1151x239, tetherpajeet.png [View same] [iqdb] [saucenao] [google] [report]
6760830

>>6760676
good try pajeet.

>> No.6760839
File: 152 KB, 616x725, 007 - gXyCMdx.png [View same] [iqdb] [saucenao] [google] [report]
6760839

>>6760676
Its over guys, time to exit.
Sell all, go to work tomorrow.

>> No.6760851

>>6760824
>He bought at ATH

>> No.6760852

>>6760819

That would make the price of Tether increase you brainlet

>> No.6760857

>>6760824
LOL

>> No.6760867

>>6760824
Just hold a little longer anon

>> No.6760870

>>6760851
kek

>> No.6760889
File: 18 KB, 310x310, 1444338299187.jpg [View same] [iqdb] [saucenao] [google] [report]
6760889

Good thread.

>> No.6760892

Seriously though.

Tether fluctuates by a few cents.

>buy $1million @ $1
>sell @ $1.03
>$30,000 profit

>> No.6760902
File: 136 KB, 1000x944, 1516495861927.png [View same] [iqdb] [saucenao] [google] [report]
6760902

>>6760852

>> No.6760975

>been holding for months
>literally no gains
I don't even know what this shitcoin does, bought randomly

>> No.6761006
File: 275 KB, 836x1304, smartest guys in the room.jpg [View same] [iqdb] [saucenao] [google] [report]
6761006

Is it time to buy??
It's guarenteed to go back to $1.01 right?
That's a HOLE 10%!!

>> No.6761066

You motherfuckin pajeet cunt. Almost died till it loaded.

>> No.6761072
File: 27 KB, 886x269, mmmmmmmmmmmmmmm.png [View same] [iqdb] [saucenao] [google] [report]
6761072

>>6761006
we mooning now brudda, hop in the train and make good gainz

>> No.6761085
File: 68 KB, 400x400, 1492904729849.png [View same] [iqdb] [saucenao] [google] [report]
6761085

>>6760676
Can we have a discussion about this on IRC? Rizon.net #/biz/

>> No.6761104

HAHAHAHAHA THE FUD WORKED
YOU GUYS ARE SO EASILY MANIPULATED
brb buying the dip

>> No.6761126

>>6760723
YOU CANT

>> No.6761148

>>6761085
use slack.com instead, IRC is too difficult

>> No.6761177

>>6761148
>IRC is too difficult
Isn't that the point?

>> No.6761222

>>6761006
1 percent you exceedingly retarded pajeet

>> No.6762225
File: 115 KB, 676x607, Screen Shot 2018-01-20 at 5.50.58 PM.png [View same] [iqdb] [saucenao] [google] [report]
6762225

>> No.6762297

>>6760892
Pretty smart to risk 1 milion for $30k profit.

>> No.6762319

>>6761085
cool. will check in tomorrow after sleep

>> No.6762386

>>6760819
Are you seriously this handicapped

>> No.6762396

>>6762225
Please tell me this is a joke

>> No.6762664

>>6761222
It's 10% Gaylord

>> No.6762765

Is there a burning mechanism for tethers, so that the price stays still? I understand they print more when people buy more so that the price stays stable, but when the market recovers and people drop the tethers, do they... usually destroy them so that the price doesn't dump like this?

Also,


>>6762396
It isn't.

>> No.6762849

>>6762765
No. Which is why it rings hollow. People don't want tether to be a gigantic ponzi that propped up BTC because it means everything is fucked.

Look at Bitconnect and the people that swore up and down and defended it right up until it shut down and even after. Tether is the same thing except for the market as a whole.

People don't want the music to stop.

>> No.6762922

>>6762765
>I understand they print more when people buy more so that the price stays stable
That's not how it works. You're all retarded.

>> No.6762924

This tricks me every time.

>> No.6762996

>>6762924
I've never used tethers, so if I haven't looked at them in too much detail. How does it work then?

>> No.6763045

>>6762996

Magic internet money comes out from crypto printer. It's widely agreed that the value approximates a dollar.

>> No.6763083
File: 92 KB, 1000x1000, soyjak3.png [View same] [iqdb] [saucenao] [google] [report]
6763083

>>6760902

>> No.6763121

>>6760676
>transfer some btc to coinbase/gdax
>first sign of trouble cash out
>buy the dip
>public says "wow that was a fucking dumb idea lets not do that again"
>price comes back in a couple weeks
>you now have more money
how is this a hard concept?

>> No.6763234

>>6763045
Yes, sorry, I understand that part, what I'm wondering is how they make it stay at that price with the changing supply and demand, and what plays a role in when they decide to print more other than "bitcoin is shitting itself again". I'm guessing that there is a rationale, even if we like to make fun of it. I don't understand that part, and that's why I'm staying away.

>> No.6763272

>>6760824
It will moon soon, anon. $2 eom

>> No.6763361

>>6760902
>>6763083
I wonder how long you're going to keep trying to force this shit wojack with your garbage art style before you give up.

>> No.6763802

>>6760902
>>6763083
FUCKING SOY MEMES

>> No.6763857

>>6761126

Keep spreading FUD!

>>
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