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/biz/ - Business & Finance

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7133577 No.7133577 [Reply] [Original]

Well it was fun while it lasted

>> No.7133590

old news, fake news faggot

>> No.7133594

>>7133577
Old news from 6th dec and all the weak hands are getting played by (((them)))

Do you really think they would keep printing after the subpoena?
Neither have they done an exit scam in the craziest bull run.

Starting to believe that Tether is really legit and just scared to show their bank accounts.

>> No.7133624

>>7133590
>>7133594
but this is news from today?

Well, I'm happy if it is old news. I figured today was from the bitcoin future settlements, which is for the 31st

>> No.7133632

>>7133594
This. It is legit.

>> No.7133976

>>7133594
>Neither have they done an exit scam in the craziest bull run.
Yeahh if these fuckers were going to exit the best chance was when BTC was at $18k.

>> No.7134026

SHITTOPIA FIRST,
SHITTREX NUMBER TWO,
LAST ITS SHITFINEX

>> No.7134073

>>7133594
>Do you really think they would keep printing after the subpoena?
dude half of all the tether they ever printed was printed after the subpoena

>> No.7134338

Easy way to make money, work out what mainstream media is trying to convince you to do and then do the opposite.

>> No.7134358
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7134358

>>7134073
that's the point you idiot, why would they continue """printing""" if there'd be nothing to back it up after an investigative inquiry
>absolute state of /biz/

>> No.7134684

>>7134358
Maybe they don't care anymore
If they know they are done, might as well print more

>> No.7134687

>>7134358
To milk brainlets like you as much as possible before it gets shut down would be a good motivation.

>> No.7134724

It's fake news. The subpoena was issued IN DECEMBER.

https://www.reddit.com/r/CryptoCurrency/comments/7u36yw/us_regulators_subpoena_bitfinex_tether/dthlaqn/

>> No.7134730

>>7133624
This is from December

>> No.7134741

>>7134358
As pointed out, you are a literal Nigger. What does it make for a difference getting behind bars for counterfeiting 1Billion or 10 Billion dollar. The absolute state of reeddiitt

>> No.7134771

>>7134724
didnt the news come out recently? it was a secret till now.

>> No.7134781

>>7133577
Old news. kys dumbass

>> No.7134842
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7134842

>>7134771
Which makes it worse since they hid it and kept printing monopoly money you fucking 70IQ animal.

>> No.7134843
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7134843

>>7134687
so what if it gets shut down, there has been real money going into btc at levels above 10K ($250 and $1000 buyer here) so they estimated that those levels represented a fair valuation. also, where do you think all that USDT will be flowing once it gets shut down?
Disclaimer: never touched tether myself, what's the point when you can just short on 'mex when you feel like it's overbought

>> No.7134855
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7134855

>>7133594
>Do you really think they would keep printing after the subpoena?
They literally did. Last pump to dump coins and exit into fiat before the REGULATORS crash Bitfinex & Tether with NO survivors.

>> No.7134869

>>7134842
sorry misquoted >>7134842 was meant for >>7134724

>> No.7134877

>>7134724
>>7134730
And Tether & Bitfinex kept it a secret from you until the auditor they split from leaked it to the media yesterday.

REALLY MAKES YOU THINK

>> No.7134973

Doeos u.s. Even have jurisdiction to supeana bittfinex? Thought they were outside the u.d?

>> No.7135038

>>7134973
No. They don't, but they have the possibility to freeze bank accounts, therefore bitfinex aka tether will never reveal anything.

>>7134855
Never said something else. But If you are scared that you would do sth wrong, you would exit scam after the subpoena and you wouldn't keep milking people.

>>7134843
Tether is one of the best hedgings tools, which is avaible on nearly every exchange.

It gives you the ability to avoide cashing out.

And those are the reasons why bitfinex has so many enemies.

>> No.7135116

>>7135038
>one of the best hedging tools
what?? Just open a short position with as little as 10% of your holding with a x10 leverage on bitmex if you think that it will tank (use less leverage if unsure of course).
All those using tether as a hedge deserve to lose every penny

>> No.7135158

>>7135038
> It gives you the ability to avoide cashing out.

Which is useless for most US/EU traders as all trades are taxed.

>> No.7135175

Mmmh mmmhh no no no

>> No.7135179

>>7135116
>I am giving 2 reasons
>He cherry picks one and ignores half of the argument

Tell me on how many exchanges so i find USDT. And on how many exchanges can i open a short position?

>> No.7135187

>>7134843
Don't tell me you didn't sell before it hit 15k and you are still carrying bags?

>> No.7135234
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7135234

>>7135038
>best hedge
>It gives you the ability to avoide (sic!) cashing out.
lmao about everyone calling a tether exchange his main exchange. There are dozens of smaller exchanges that let you cash out and cash in in literal seconds, and those are in jurisdictions which require them to hold funds equal to the deposits their customers make. Tether exchanges are for noobs and stupid money willing to lose everything, because unable to cash out.

>> No.7135254

>>7135179
well sorry if it's too unconvenient for you to hold 10% of your btc on bitmex, seriously, don't tell me your not exposed in crypto without at least a 10% minimum exposure in bitcoin.
please.

>> No.7135294

>>7135254
(meaning that you'd have all your btc on bitmex if you're 90% in alts, phrasing is messy)

>> No.7135347

>>7135187
all the Mt. Gox bagholders probably bought cheaper than you

>> No.7135365

>>7135175
wassa wassa

>> No.7135417

>>7133577

OP are you paid to FUD this? I imagine so, but it's the same threads, every day. Is it because the market is recovering and you haven't hit your rebuy? I sold the high and bought the dip and made a few thousand, I just went with market sentiment and I didn't assume I could control it a whole market by myself or wit ha small group of people.

I don't understand this, can someone explain these threads to me?

>> No.7135454

>>7135038
>But If you are scared that you would do sth wrong, you would exit scam after the subpoena and you wouldn't keep milking people.
Why not?
They've already done the deeds that would get them in trouble, why wouldn't they try to max out before the party gets shut down and use the proceeds to attempt a getaway? Totally false premise of the absolute worse wishful thinking kind that someone coming under regulatory investigation is a good thing that proves good intentions.

IF Tether and Bitfinex were honest they would have told their clients about the subpoenas when they received them in December. What lollypopland fantasy excuse do you have for that?

>> No.7135509

>>7135417
The collapse of Tether, Bitfinex, and the implosion of crypto is a big story anon. Lot of peope will want to write and read books on how the early 21st century tulip mania was created by printing monopoly money that people WILLINGLY accepted as real USD because of techobabble.

>> No.7135676

>>7135347
Yeah but they still missed out on profit while a lot of things could have gone wrong. This time might be even worse since there is a real chance of a flippening when the market hits bottom.