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/biz/ - Business & Finance


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7163924 No.7163924 [Reply] [Original]

This shit is going to tank the market isn't it?

>> No.7163951

>>7163924

this was 2 months ago you stupid nigger

>> No.7163957

>>7163924

>oh its this thread again

>> No.7163961

oh NO NO NO NO NO


FUCK

>> No.7163982

>>7163924
If Bitfinex cannot prove their holdings, then expect a bear market similar to '14-'16.

>> No.7164183

No you fucking morons. First , you don't even understand how Tether works it seems . Second , What is market cap ?
Third , what kind of effect a 2/3 billion MC coin can have on a 500billion market in real terms ?
[excluding the effect morons like most of you can have for spamming the same shit over and over without understanding what the fuck you're saying ( not that much anyway ) ] .
Get fucked and go educate yourselves .
FUCKING RETARDS.

>> No.7164255

Hey bro , are you a paid FUDER or are you just retarded ?

>> No.7164271

>>7163924
big if true

>> No.7164285

>>7164183
>>7164255
lol

>> No.7164318

>>7164183
fucking IDIOT.

all the exchanges are treating USDT as they would USD, because they cannot get licenses to operate using USD.

normies think USDT=USD

do the math you fucking brainlet.

>> No.7164348

Old news ghet with teh program bruh

>> No.7164354

>>7164183
>>7164255
WOW what a RETARD. 500billion MC != 500billion money invested

>> No.7164395

>>7164348
Funny how nobody knew about this Subpoena until yesterday but everyone is saying "old news

>> No.7164415

>>7164318
Who the fuck told you that the exchanges are treating USDT as they would USD ?
evidence?

>> No.7164447

>>7164354
This. I can't believe how many people keep saying that bullshit "TETHER IS ONLY 2B MC!"
God damn it guys.

>> No.7164483

>>7164354
Hey fucktard , tell me , how much money (Fiat) has been converted to crypto so far?
Is there anyway of knowing it ? If not , give an estimation. if you don't have an estimation what the fuck is everyone ( including hedge funds doing ) doing? Playing on imagination?

>> No.7164486

>>7163924
Yes, it's going to slow the amazing bull run we are having right now.

>> No.7164651

>>7164447
Hey, you , you moron, what is Tether's MC? Or nobody knows? Does anybody knows how many Tether tokens exist( What is smart contract)? If no one knows this things, what is Richard Branson , Peter Thiel , you , the hedge funds doing? Playing video games ? Tell me , fucking retard . I'm waiting.

>> No.7164719

>>7164447
Or is it the case that the big players are just retarded like you, like they're playing some retarded video game with hundreds of millions ?
Or is it the case they're pretending and lying that they have invested in some cryptos?

>> No.7164800

people can slam "bitfinex'd" all day for his own failures...
but no one can verify authenticity of the backed USD nor the number of USDT tokens printed.
and that's why the market freaks out with tether fud.
it's a token for fools.

>> No.7164819

>>7164447
Please give me a rundown on how the whole thing works ( and it mechanisms ) in you head .
I'm actually running a research on low I.Q people and how their thinking works . So, if you could help me it'd be really appreciated . Thanks

>> No.7164840

>>7164800
No MORON , IT'S A TOKEN TO LOCK IN PROFITS YOU FUCKING RETARD .

>> No.7164859

> going to
> btc down 50% already

>> No.7164880

>>7164447
>>7164354
yeah wait wtf? 500B MC means 500B USD worth of fiat exists as cryptocurrency. so it kinda does mean money invested.

tether has 2B MC, and i'm pretty sure everyone has dumped it by now for actual fiat or into other cryptos. so only exchanges are holding 2B tether. if that disappears, only exchanges get fucked.

no other country cares about UNITEDSTATESDOLLARTETHER. there's no CNYT. tether can die and crypto would live on.

>> No.7164905

Listen , you must all be fucking teenagers who started mu trading with crypto and don't have a fucking clue about how markets and trading works . Get fucking educated you morons before spamming retarded shit everywhere ( to your own demise ).
FUCKING RETARDS .

>> No.7164919

>>7164318
If normies think USDT = USD then tether collapsing would cause BTC to moon, since people will try to exit tether at any price on tether exchanges resulting in BTC/LTC/ETH going up thousands of % as Tether goes to $0.

>> No.7164942

>>7164395
Do we have any evidence that this actually happened?

>> No.7164963

>>7164880
>yeah wait wtf? 500B MC means 500B USD worth of fiat exists as cryptocurrency.
That's not even a little bit what that means..

>> No.7164965

>>7163924
How are you so late to the news, OP?

>> No.7164973

>>7164880
WOW . Somefucking one got it ( at least a bit of it)
YOU FUCKING RETARDS

>> No.7164985

>>7164919
>btc to moon
and who will buy your usdt bags kek

>> No.7164989

>>7164942
https://www.bloomberg.com/news/articles/2018-01-30/crypto-exchange-bitfinex-tether-said-to-get-subpoenaed-by-cftc

>> No.7164991

>>7164963
Tell me smart ass, what does it mean? enlighten us please.

>> No.7165034

>>7164963
>Hey fucktard , tell me , how much money (Fiat) has been converted to crypto so far?
>Is there anyway of knowing it ? If not , give an estimation. if you don't have an estimation what the fuck is everyone ( including hedge funds doing ) doing? Playing on imagination?

>> No.7165057

>>7164963
>Hey, you , you moron, what is Tether's MC? Or nobody knows? Does anybody knows how many Tether tokens exist( What is smart contract)? If no one knows this things, what is Richard Branson , Peter Thiel , you , the hedge funds doing? Playing video games ? Tell me , fucking retard . I'm waiting.

>> No.7165061

>>7164919
wrong, the market is not rational and tether will actually be the safest bet in the dump to come.
the subpoena has no prospect of affecting Tether directly.
just the US government swinging its dick at crypto in general
could be deliberate FUD though, in that case, well played

>> No.7165065

>>7164985
That is why the price will go up thousands of % on tether exchanges, because no one will want to sell BTC for tether and everyone will be trying to get rid of their tether at any cost.

>> No.7165082

>>7164963
>Or is it the case that the big players are just retarded like you, like they're playing some retarded video game with hundreds of millions ?
>Or is it the case they're pretending and lying that they have invested in some cryptos?

>> No.7165087

>>7165061
I don't disagree... I'm just talking about the unlikely event that tether does collapse, but i think this is extremely unlikely.

>> No.7165090
File: 110 KB, 657x539, 1514804931682.png [View same] [iqdb] [saucenao] [google]
7165090

>>7165065
>a glut of supply and no demand means the price will go up

>> No.7165106

>>7164963
>Please give me a rundown on how the whole thing works ( and it mechanisms ) in you head .
>I'm actually running a research on low I.Q people and how their thinking works . So, if you could help me it'd be really appreciated . Thanks

>> No.7165114

>>7164840
until the tether scam blows up. do you feel comfortable knowing one audit could make your tokens value plummet to zero overnight?

>> No.7165128

>>7165090
Well the price isn't really going up, is it? If you had tether and you saw tether going to $0 due to news of tether exit scamming, would you not try to get rid of your tethers at any price even if you had to buy BTC at $50k?

>> No.7165161

>>7164919
Nobody thinks this

>> No.7165199

>>7165161
Regardless, if Tether actually collapses I think it will result in BTC mooning. However, tether FUD can definitely cause the price to go down.

>> No.7165204

>>7165087
It doesn't matter . Tether is a drop in the ocean . Do you people understand that you're being played ? That bitfinexe'd guy is either a low IQ social justice warrior or he's as PAID FUCKING FUDER . how can you guys not fucking see the completely retarded arguments ? Im just in awe as to what the educational systems around the world have done to this late generations . Most of you cannot even perceive simple fucking flaws in a bogus argument. WAKE THE FUCK UP.

>> No.7165219
File: 79 KB, 541x303, Screen Shot 2018-02-01 at 12.24.23 AM.png [View same] [iqdb] [saucenao] [google]
7165219

>>7164963
you know what, i'm glad dumbasses are in these threads because i actually looked up what market cap means and i learned something.

i used to think that market cap had to do with the cap, like how btc supply caps at 21B. but the market cap of btc is 16M meaning there is 16 million bitcoin floating around.

>> No.7165238

>>7165204
Are you a bot? I am not arguing this case at all, i agree with you lmao.

>> No.7165241
File: 179 KB, 1080x1149, 1517401641846.png [View same] [iqdb] [saucenao] [google]
7165241

>>7163951
Bintfinex and Tether kept a secret until it was leaked yesterday. In the meantime they printed 1.5 billion dollars of monopoly money as a final exit pump and dump.

>> No.7165254

>>7165238
hahaha natural language processing isn't good enough to mimic this kind of rage. at least he's right and it's not another brainlet foaming at the mouth

>> No.7165260

>>7165219
Almost there. Except BTC IS NOIT A COMPANY .
BTC structure represents MONEY LIKE THE USD NOT A FUCKING COMPANY

>> No.7165308

>>7165241
lol listen to what you are saying you fucking idiot

>> No.7165410

>>7165260
chill. i never said any currency was a company

>> No.7165417

>>7163924
>This shit is going to tank the market isn't it?
It is currently tanking the market. Where have you been?

>> No.7165430

>>7165204
>I'm emotionally invested in a fraud that's collapsing *rabble rabble rabble*

>> No.7165434

>>7165219
BUT NO. BTC's market cap is how much money (fiat) it represents . The whole market cap of all coins , let's say is 510 billion now, that means AROUND 510 billion have been converted from FIAT to crypto. Now, lets take ETH MC individually, it is around 110billion , that means that out of the 510 billion which have been converted into crypto , 110 billion have reached ETH tokens, independently if it was converted directly on coinbase or was converted ( bought ) with some other token which was bought with some other . THE POINT IS , A 510 BILLION TOTAL MARKET CAP MEANS 510 BILLION WORTH OF FIAT HAS BEEN CONVERTED INTO CRYPTO.
> WHY ARE FUCKING BANKS PISSED ?
> BECAUSE THE FIAT HAS LEFT THEIR ACCOUNTS , AND THUS , THEY CAN LEND LESS MONEY OUT.
GET FUCKING EDUCATED .

>> No.7165465

>>7165241
>bitfinexed
You do know that it's scisophrenic ginger kike, right?
Are you a kike lover?

>> No.7165479

ALL OF YOU .
AND, STOP FUCKING SPAMMING AND REPEATING EVERYWHERE THE SAME FUCKING BULLSHIT YOU SHITHEADS DONT REALLY UNDERSTAND .

>> No.7165529

>>7165465
I quit anyway. But see , its fucking retards like that that are the problem. I am actually starting to think that regulation should come down hard in order to prohibit children and clueless morons from getting near money markets.

>> No.7165581

>>7165430
YOU FUCKING SHITHEAD. I've never actually converted into tether. I convert into Cash . IT DOESN'T FUCKING MATTER. WHAT MATTERS IS RETARDS LIKE YOU SHOULD BE PROHIBITED FROM PARTICIPATING IN GROWN UP MONEY STUFF.
GET FUCKET RETARD.

>> No.7165585

>>7163982
Bitfinex doesn't operate in US, they don't have to prove shit. The US regulators can shit themselves, they can do nothing.

>> No.7165590
File: 184 KB, 1076x1644, 1517464667142.png [View same] [iqdb] [saucenao] [google]
7165590

>>7165434
>THE POINT IS , A 510 BILLION TOTAL MARKET CAP MEANS 510 BILLION WORTH OF FIAT HAS BEEN CONVERTED INTO CRYPTO.

>> No.7165607

>>7165434
that doesn't contradict me. if the eth is used to buy other tokens, that eth still exists. it just changed hands. chill the fuck out, you're tripping over your own nitpicking.

>> No.7165615

>>7165465
This is you:
https://www.youtube.com/watch?v=8Tb4esZ2tUM

Emotionally invested in a fraud and projecting the blame onto the messenger.

>> No.7165627

>>7165254
I AM FUCKING FOAMING AT THE MOUTH WITH THIS FUCKING INBREAD MORONS. Good for you you understand .

>> No.7165633

>>7165585
Yeah nah. The US doesn't accept that as an argument.

>> No.7165639

>>7165434
this is just wrong
anyone who believes this deserves to lose money

>> No.7165650

>>7165615
>no argument
Okay, kiddo. Does you mom even know you are browsing a 18+ site?

>> No.7165666

>>7165627
If you're angry now imagine how angry you'll be once it all collapses and you didn't take the opportunity to cash out to fiat when you were warned.

>> No.7165677

>>7165434
I can spend 100 dollars to pump a market cap by 10000

>> No.7165694

>>7165633
China doesn't accept US at all. They don't even have extradition policy with the US, so US regulators can go fuck themselves even if Bitfinex turns out to be a fraud.

>> No.7165709

>>7165666
NOTHING WILL HAPPEN YOU FUCKING LOW I.Q INBREAD BRAINLET ( except a little more than it should BECAUSE OR FUCKING RETARDS LIKE YOU )

>> No.7165718

>>7165666
Kid, stop posting. you are embarrassing yourself.

>> No.7165728

>>7165650
See argument here>>7165241
Tether is monopoly money used to purchase and inflate Bitcoin on the false premise that it is real fiat. Regulators are about to crash the show with NO SURVIVORS.

>> No.7165764

>>7165677
OH , CAN YOU ? DO IT THEN YOU FUCKING RETARD . LET'S SEE IF THAT WORKS INBREAD PAJEET.

>> No.7165773

>>7165709
This.
Please calculate the fee earnings of bitfinex and think again

>> No.7165785

>>7165728
>being this retrarded
>trusting a crazy kike on twitter
>being an underage brainlet
Right, just calm down, kid.

>> No.7165791

>>7165728
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>> No.7165801

>>7165709
How deep in the hole are you already?

>>7165718
The power of positive thinking will save Tether, Bitfinex & Crypto! If we all believe Tether is worth 1 USD and the 2.25 billion it pumped into crypto prices was real then it is!

>> No.7165817

I'M GONNA HAVE A FUCKING HEART ATTACK. HAVE TO GO BEFORE I START FUCKING BREAKING THE HOUSE.
BET FUCKED MORONS.

>> No.7165824

>>7165801
Yes, okay you are right. Tether is a fraud, just calm down. Shhhhh. It's going to be okay, just take your pill and take a deep breath.

>> No.7165828

The FUD will undoubtedly continue to bore the fuck out of us all.

>> No.7165837

>>7165241
Can't wait for Bitfinex lawyers to tear that cunt apart

>> No.7165865

>>7165828
UNSLESS THE FUCKING INBREAD RETARDS START USING THEIR FUCKING BRAINS. OH, WAIT , THE MOTHERFUCKERS DON'T FUCKING HAVE ANY.
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHGHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>> No.7165869
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7165869

>>7165785
The dates Tether printed 1.5 billion USDT of monopoly money after receiving the subpoenas are objectively verifiable. What's your argument other "I'm emotionally invested in a fraud so all counterproofs must be wrong because they upset me"?

>> No.7165903

>>7165869
Right, right. Just calm down. Take a deep breath. We all understand. There is no reason to be upset.

>> No.7165905
File: 1.75 MB, 200x356, 1516547654810.gif [View same] [iqdb] [saucenao] [google]
7165905

>>7165817
You have been warned. If you stay in now YOU ARE THE NIGGER

>> No.7165915

>>7165837
THEY SHOULD PUT THAT GUY IN FUCKING JAIL . FUCKING DECEIVING LOW I.Q INBREAD MORONS IS AN REPULSIVELY COWARD ACT.

>> No.7165937

>>7165817
bro please stop raging this hard
you look more retarded than any of the other people in this thread
Lay of the cocaine man, that will kill you

>> No.7165960
File: 110 KB, 1087x496, 1517235986074 (1).jpg [View same] [iqdb] [saucenao] [google]
7165960

>>7165903
>>7165824
>no arguments
Yawn

>>7165837
Don't emotionally project your anger at veing comned onto the messenger who saved you. Focus on the source of your pain, the Tether printers who caused a bubble and propped up their dump at your expense.

>> No.7166005

>>7165960
Literally no one cares about your crazy talk. Not a single person in the world. Just calm down, it's going to be ok.
The recent dip is because India banning Bitcoin.
Just calm down and take your pills.

>> No.7166021

>>7166005
>no one cares
Yeah nah

>> No.7166054

>>7166021
You are alone in this thread. You are alone on this board. No one cares. We just want to stop you from spamming our board with your crazy talk, that's the real reason people are upset.
Just calm down, everything is going to be ok.

>> No.7166072

>>7165960
Why would tether be a scam? The whole conspiracy is so fucking stupid. Bitfinexed is going to get raped in prison every day for years. Serves his weak hands right.

>> No.7166087

>>7166072
Don't answer to him, please. He will keep posting his tinfoil shit if you do.

>> No.7166120

>>7166054

Ignorance is going to make you incredibly poor

>> No.7166127
File: 784 KB, 1440x1368, tigger on a .png [View same] [iqdb] [saucenao] [google]
7166127

>>7163924

already went full fiat ... i'll buy lowest dip of the crash ... if it doesn't crash it would be even more worrisome ... having your investment sit upon a ticking time bomb - only dumbfags would be ok with that

>> No.7166186

ITT. retards who believe 500b marketcap means 500b invested into the crypto market

>> No.7166189

>>7166120
It's ok. Why do you care about what other people are doing? No one really cares. You look like the homeless guy on the street screaming about the end of the world. Just calm down, no one really cares.

>> No.7166222

Keep spreading FUD tards, good luck with audits coming from US when bitfinex and tether is from other part of the world you dumb fucks

>> No.7166307
File: 610 KB, 824x828, 1517476386343.png [View same] [iqdb] [saucenao] [google]
7166307

>>7166054
Projecting your wishful thinking very hard here. If only people just believed in Tether all of this would go away.

>> No.7166345

>>7166307
Your emotional involvement is obviously unhealthy. Otherwise you wouldn't waste your time creating these threads on an anime imageboard. Why would you care what other people here are doing? What do you gain from it? Just accept you have mental problems.

>> No.7166357
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7166357

>>7166222
t. Pokerstars

>> No.7166385

>>7166345
Why are you projecting mental instability so much? Aside from not having counter-arguments to the actual thread topic of Tethers monopoly money fraud and the systemic risk it poses to all crypto.

>> No.7166441

>>7166385
You are the one projecting, my friend. I, like everyone else just want to stop seeing your crazy threads on this board.
Crypto is risky and everyone is fully aware of it. There is no point in your threads. You should just calm down and see a therapist.

>> No.7166449

>>7166357
I still get PTSD from that shit, worst day of my fucking life

>> No.7166479

>>7164991
That's the latest weighted average BUY price of all the cryptos being tracked by that number. you brainlet.

Let's say there are absolutely 2 coins in the market and I bought 1 coin for $1.00. The Market Cap is $1.00 x 2 = $2.00

If the next coin is bought at $2.00, then the total market cap is $2 x 2.00 = $4.00.

The total Dollar amount spent on the two coins is $3.00, but the total Market Cap is $4.00. So the total amount of FIAT spent here is $3.00, not $4.00. Are you following so far?

So this guy >>7164880 is saying that 500B MC means that "there is 500 USD worth of fiat" is inaccurate.

>> No.7166581

>>7166441
>>7166441
>just want to stop seeing
>i want to pretend it's not happening
>if no one talks about it it doesn't exist and can't happen
Bad luck kiddo. Try sticking your fingers in your ears and closing your eyes.

Tether does not have 1:1 USD:USDT reserves and it's 2.25 billion monopoly money inflation of crypto is crashing down. The regulators are active and about to collapse the deck. Watch on and enjoy the ride.

>> No.7166614

>>7163924
>I think this is going to tank the market
>Let me post some FUD so it does tank the market
kek, you’re kinda retarded

>> No.7166822
File: 37 KB, 615x409, bf9fcb1672d6399694c0f8cdb52f89e8.jpg [View same] [iqdb] [saucenao] [google]
7166822

>>7166614
>if no ones talks about it it won't happen
See>>7165905

>> No.7166884
File: 32 KB, 340x270, 1512158170273.jpg [View same] [iqdb] [saucenao] [google]
7166884

You guys are so fucked.
This isn't just the U.S. or Europe that is doing this. They are blackmailing all exchanges all over the globe. They will get all the records.

They will tax you to death.

>> No.7166933

>>7165585
It really has nothing to do with the US or any other Govt. If Bitfinex can't prove that tether is 1:1 then most of the market will realize the current BTC price is fraud, and will sell.

>> No.7166980

BITFINEEEEEEEX

>> No.7167024
File: 69 KB, 540x540, 2017-07-04 13.38.33.jpg [View same] [iqdb] [saucenao] [google]
7167024

>>7165204
>>7166222
>>7164880

Posts like these make me understand where did my gains come from. Receiving free money from people baffled me at first.

>> No.7167026
File: 102 KB, 649x619, boopfanax.png [View same] [iqdb] [saucenao] [google]
7167026

>>7166980
hullo!

>> No.7167031

>>7166222
lel you have no idea how powerful the IRS is

>> No.7167044

>>7166479
HEY RETARD , there's not 500 billion exactly ( because its a big worldwide 24/7 market obviously) , but its very close or is it not? if not, how do you measure it? Or is it just video game liker the other shithead thinks? How do I " Peter Thiel" judge how much money to put in if any? Or, is it even worse than a Ponzy where i have no ideia if any money has been put in ? can you enlighten us? Or again, is it a video game ?

>> No.7167146

>>7166884
What do you mean? Like 80%? 50%? or perhaps CAPITAL GAINS TAX LIKE ANY OTHER investor is taxed? Or perhaps iINCOME TAX like ANY OTHER trader is taxed ? OR , can they find an excuse to tax crypto more than the two types of taxation above ? HOW? what would be the argument? IF, not , then HOW DO INVESTORS OR TRADERS SURVIVE ? OR IS IT A LEGEND AND THEY DON'T EXIST BECAUSE IT'S NOT WORTH IT ? Please tell me , I am curious .
Thanks

>> No.7167173

>>7166884
How much have you been paid ? who do you work for? You can't be this dumb.

>> No.7167231

If you're not in ETH and shorting the fuck out of BTC right now, you're going to get so fucking JUSTed these next few days.

Go something like 70% eth, 30% to short BTC with 5-10x leverage.

>> No.7167279

>>7166822
All markets are 75% psychology. If we didn’t see it, it wouldn’t happen. Picture in your mind if all these articles disappeared. Nobody would be talking about it and this nobody would be affected by it.

>> No.7167281

Here is the truth for those of you who don't know this yet. This board is full of paid actors, also full of complete illiterate retards and thus, if you wan to to find any actual ( connected to reality ) info, you need to put in some work and thought . Not for everyone. If you're incapable of doing some good critical thinking this place is a bad idea for you . Come here at you own risk .
So long retards.

>> No.7167344
File: 19 KB, 480x480, 1514165834161.jpg [View same] [iqdb] [saucenao] [google]
7167344

>>7167146
>>7167173
Jesus Christ. The ECB has draft papers out to classify crypto as a commodity. Meaning they want to take VAT on every transaction.

They want to kill it and they will.

>> No.7167354

>>7167279
Key part of it indeed. That's why morons and children should be prohibited of participating . I hope the regulation comes down hard ( that's my position now).

>> No.7167426

>>7167354
I’ve been growing more and more in favor of regulation as of late. Too many price manipulators, coordinated dumps, panic sellers, etc. I don’t have weak hands, so I’m still holding, but it’s getting annoying and tiresome.

>> No.7167480

>>7167344
Where are the papers? link ? Also, any half retard lawyer can challenge any argument made in that direction . Do you have any understanding in law?
Or are you simply repeating what you heard elsewhere? If not, Then make a brief argument and convince me that that should be the case.
I am waiting .
Thanks

>> No.7167527

>>7167426
If there were less retarded children ( who believe they're thinking adults) in the game it would bee a lot better, less volatility .

>> No.7167574

>>7167344
How much have you been paid ? You can't possibly be this dumb.

>> No.7167627

>>7167344
Oh, also , if you have no actual understanding and are just repeating hearsay or what you read on CNN or some shit , SHUT THE FUCK UP AND STOP TALKING SHIT ( ANYWHERE ) YOU DON'T UNDERSTAND.

>> No.7167644
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7167644

No matter if true or not, international media is spreading the finex willybot and tether stories. No more fresh Fiat from stupid normies for at least the next 6 months. Time to lock your price

>> No.7167793

a lot of high volume markets use usdt to trade so i think thats why they printed so much desu lol why is this still fud?

>> No.7167873

>>7167793
Yeah, I don’t get it. No crypto is really backed by anything. Even USD is just a fucking piece of paper. There’s no gold in Fort Knox. The fact that Tether isn’t backed by anything shouldn’t come as a surprise and definitely shouldn’t be FUC worthy.

>> No.7167896

i-is i-it o-o-over.........?

>> No.7167944
File: 66 KB, 225x224, 1517341019998.png [View same] [iqdb] [saucenao] [google]
7167944

>>7167896

SAAAAAAAAAAAAD EYES

TURN THE OTHER WAY

>> No.7167955

>>7167944
maybe if we AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA HARD ENOUGH THE WHALES WILL HEAR US AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.7167981

>>7167279
>why isn't everyone dumb enough to keep believing tether money is real
If you want to make money scamming dummies then do a 3rd world cryptoponzi lole Bitconnect or TBC/Kringles. Don't pull frauds on Whites/Japs and expect to get away with in perpetuity. If your scam relies on long-term ignorance of obvious fraud then target Blacks, Indians, Mestizos and SE Asians.

>> No.7168000
File: 105 KB, 645x729, 1517429337730.png [View same] [iqdb] [saucenao] [google]
7168000

The Tetherbomb will go off in the next couple of months at the latest. I cannot imagine that they are doing this legitimately. So many people are blinded by greed to see the writing on the wall

>> No.7168061

>>7167024
EXPLAIN it then . What do you mean ? or are you just writing some random stuff? The money doesn't exist? is that what you mean? what do you mean by money ?

>> No.7168110

>>7163924
This is a good thing. Those are both scam platforms and it goes to show scammers that they can't fucking operate in crypto, making for much safer investments.

You're fucking stupid if you want it to remain the wild west, that's how you get Bitfinexd in the first place.

>> No.7168125

>>7168061
What race are you?

>> No.7168126

>>7167981
Good comment .

>> No.7168301

>>7168110
What do you mean by Bitfinexe'd? do you buy Tethers and Hold so you make money or something ( designed to be always around $1)?
Oh, I see , people buy Tether's as a investment ( designed to be always around $1). Or , do you or anyone plan in liquidating Tether for cash at non-fiat exchanges ( designed to lock in profits on non-fiat exchanges ) or any other exchange when in fact liquidation to FIAT happens in BTC , ETH and a few others on a few exchanges ?
Am i missing something ?

>> No.7168346

>>7168125
Northern European . It's irrelevant anyway .What matters is one's ability to think.

>> No.7168485

>>7168125
How many whites do you think participate on this board? A lot. Retardness is a world wide epidemic these days .

>> No.7168489

aaaaaaaAAAAAAAAAAAAaaaAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

>> No.7168611

IS IT OVER YET?!?!?!?!?!?IS IT OVER YET?!?!?!?!?!?IS IT OVER YET?!?!?!?!?!?IS IT OVER YET?!?!?!?!?!?IS IT OVER YET?!?!?!?!?!?IS IT OVER YET?!?!?!?!?!?IS IT OVER YET?!?!?!?!?!?

>> No.7168990
File: 36 KB, 615x409, 1516598713558.jpg [View same] [iqdb] [saucenao] [google]
7168990

>>7165434

>> No.7169008

ITS OVER BOYS BULL MARKET TO 100K

>> No.7169572

>>7163924

REEREEEEEEEEEEEEEEEEE

>> No.7169640

>>7165434
another retard that spread false information watch this https://www.youtube.com/watch?v=A1VE2cYH3m8 and stop saying that there is 500 billion pumped into market you stupid fuck

>> No.7169662

>>7165308
>>7165465
Animals attack when they feel threatened

>> No.7170166

>mfw i'm only in the loss so far and can deduct this from my stockmarketgains
glas is half full on my side

>> No.7170389

>>7169640
HELO FUCKING INBREAD RETARD ! CryptoCURRENCY IS NOT A COMPANY( which has employees, Bills, Buildings, Shares , lawyers )
It's FUCKING CURRENCY YOU MORON ( hence it's called cryptoCURRENCY ) .
Now , that definition applies to COMPANIES and NOT to the USD fro example . Why ? BECAUSE THE USD IS NOT A FUCKING COMPANY. Now, BTC for example CANNOT be even compared with the USD. Why ? Because the USD has the Government attached to it ( with its revenue and Debt amongst other things). CRYPTOCURRENCIES like BTC have the advantage of NOT having such liabilities neither the the economic ( for better or worse).
What does that all mean for a retard like you ?
Simple , cryptoCURRENCIES like BTC are a simple function of supply, demand and the service they can offer ( like quality of network ),thats where it's value comes from.
GET FUCKING EDUCATED YOU FUCKING MORON.
Thanks

https://steemit.com/cryptocurrency/@heavey/stop-looking-at-price-market-cap-is-what-really-matters

>> No.7170420

>>7169640
Oh, and by the way , the guy could have written that article a little better and added mare details ( like those you can see above )
SHUT THE FUCK UP.

>> No.7170456

>>7169640
OH , and stop watching videos made by random imbeciles . The effect of that is that you will get dumber than you already are.

>> No.7170529

>>7169640
Oh, almost forgot , challenge me with arguments if you can rather than posting a video made by another retard like you .
I'm here waiting.
Note: I decided ( after watching you retarded children talking shit on this board) that this would be my job today. The target is to humiliate as many as possible perhaps making you disappear from /biz/ forever.
I have hope.

>> No.7170679

>>7169640
Last thing. Quit this whole thing and don't come back here anymore. The best you can for yourself is to go get a job ( if you don't already have one).

>> No.7170935

>>7169640
https://steemit.com/cryptocurrency/@j0z0r/lessons-for-cryptocurrency-newbies-1-market-cap-vs-price-per-coin

>> No.7171025

if USDT goes away I'm pulling out of crypto. when I go to bed, or know I can't trade for a few days, USDT is my safe haven from losing all my gains.

There are MILLIONS of people like me. If this safety net breaks, we're all gonna quit crypto. Where the fuck else can I safely store my gains?

>> No.7171322

>>7168346
>>7166345

The desperation emanating from the two shills on this thread is truly palpable. Definitely not gonna make it.

>> No.7171382

Also:

>inbread

>> No.7171402

>>7171025
jcash eg?
there are also other alternatives coming
also fiat pairs on bittrex coming
don't shit ur pants retard
know what market means? opportunities are already seized while ur drooling

>> No.7171565

>>7171025
How about Real USD :)
Any cheap shitcoing which is at rhe botom.
Ether.

>> No.7171586
File: 76 KB, 887x686, 1488774930759.jpg [View same] [iqdb] [saucenao] [google]
7171586

>>7166884
Can't tax me when I've already lost all my investments

>> No.7171595

>>7163982

>tfw dreamed about such a scenario
>tfw I'll be able to put more money in and swing trade

PRAISE KEK YOU NIGGERS

>> No.7171755

>>7171322
Hey , RETARD , TAKE A FUCKING LOOK AT THIS
https://www.investopedia.com/tech/how-much-worlds-money-bitcoin/
That should explain ( TO THOSE OF YOU WHO DON'T EVEN FUCKING KNOW WHAT MARKET CAP REPRESENTS) and why Tether with its 2 BILLION is a drop in the ocean and its demise would mean nothing.
BTC's MC today is around 160 billion.
Again, MARKET CAP IS HOW MUCH MONEY HAS FLOWN INTO IT FROM FIAT.

https://www.investopedia.com/tech/how-much-worlds-money-bitcoin/

>> No.7171812

>>7171322
YOU ARE A FUCKING ILLITERATE LOW I.Q little arrogant imbecile.

>> No.7171876

HEY , RETARD CHILDREN , I FOUND SOMETHING THAT ILLUSTRATES HOW FUCKING DUMB YOU ARE THAT YOU DON'T EVEN UNDERSTAND WHAT FUCKING THE TERM MARKET CAP REPRESENTS IN CRYPTO
what a fucking joke.

https://www.investopedia.com/tech/how-much-worlds-money-bitcoin/

>> No.7171959

>>7171755
>>7171876
https://en.wikipedia.org/wiki/Category_mistake

>> No.7172070

>>7171755
>Again, MARKET CAP IS HOW MUCH MONEY HAS FLOWN INTO IT FROM FIAT.
This is not right. Its what ppl are willing to sell for. Everybody could have bought a coin for 1 $. But if they all wont sell for under $1000 the market cap would be x1000.

>> No.7172106

>>7171565
>>7171565
>invest in absolute bottom-tier shitcoin
>bittrex closes the market while I'm invested

good plan anon

>> No.7172138

>>7172070
SHUT THE FUCK UP NOW

https://www.investopedia.com/tech/how-much-worlds-money-bitcoin/

>> No.7172185

>>7172070
Why are so retarded ? READ THE FUCKING ARTICLE SO YOU UNDERSTAND WHAT FUCKING MARKET CAP IS instead of parating shit you read written by some illiterate shithead .

>> No.7172229

>>7171959
READ THE FUCKING ARTICLE RETARD.

https://www.investopedia.com/tech/how-much-worlds-money-bitcoin/

>> No.7172363

>>7172229
Category mistake. The article is not saying what you think it is saying. Crypto market cap =! fiat entered into crypto. This is so obviously true (mining for example) that I doubt your ability to comprehend what the Tether issue is.

>> No.7172410

>>7165241
>believing anything that twitter faggot says
hes as biased as the MSM jews that little cunt sold all his bitcoin for 1k and then begged bitfinex to give it back ofc they told him to fuck himself
ever since then hes wasting his life throwing shit around

>> No.7172423

>>7172363
NO SHITHEAD . YOU DON'T COMPREHEND WHAT YOU'RE TALKING ABOUT .
GET FUCKED.

>> No.7172450

>>7172410
He will most likely end up in jail.

>> No.7172598

>>7172410
Not only that, but Tether's HAD to be printed in the past weeks because of the bear market . The demand increased with people looking for shelter and thus Tethers have to be printed in order to balance supply and demand so it remains as close to $1 as possible. It's mind boggling how people don't understand such a simple thing.

>> No.7172650

WHERE'S TETHER!!!

I DEMAND TETHER!!!

FUCK YOU TETHER!!!

>> No.7172719

>>7172363
Oh , here is a question for you retard :
How much money has to flow into the market everyday in order to keep BTC's price stable under normal conditions considering the amount of BTC mined everyday as of today?

>> No.7173040

>>7172363
OH, i have another question for you or any other retard who believes MC works like that :
If the total Market Cap of crypto is really that subjective ( like you morons imagine) and far less than 50 billion have been converted from crypto to fiat ( let's say 100 billion ) , WHY THE GOVERNMENTS AND BANKS seem so upset with cryptocurrencies ?
Consider the amount of outstanding tax would be far less and compared to the amount of capital that exists in the world is close to one hundred trillion.
thanks

>> No.7173049

1 autistic man FUDing is able to cause an extended drop for this long

Wow, so this is the power of Bitcoin.

>> No.7173074

>>7172363
correction (500 billion instead of 50)

>> No.7173176

>>7173049
NO . ITS YOU , HIM , THE HUNDREDS OF THOUSANDS OF RETARDED CHILDREN WHO SPREAD SHIT THEY HEARD ON TWITTER ALONG WITH THE MEDIA TAKING A RIDE WITH THE IMBECILES. welcome to the age of the internet . oh, of course, the whales take advantage also selling their positions and then shorting the market.
IS IT THAT HARD TO FIGURE THAT OUT ?
ARE YOU THAT RETARDED ?

>> No.7173242

>>7172070
u all must have some severe brain damage
example:
shitcoin x
shitcoin x has a supply of 1000
i sell you 1 shitcoin x for 10 dollar
shitcoin x has now a marketcap of 10 000 dollar
no further trades are made
10 dollar went in shitcoin x
shitcoin x has a marketcap of 10 000 dollar
without looking at a reasonable volume, all marketcap is bogus

understand that or should i draw u a picture?
fucking brainlets

>> No.7173247

>>717304
Still waiting on you answer to the questions i made.
thanks .

>> No.7173390

>>7173242
ANOTHER RETARD . There is no end.

>> No.7173477

>>7173040
>WHY THE GOVERNMENTS AND BANKS seem so upset with cryptocurrencies ?
Non-sequitar. Upset emotions =! the market cap of crypto = fiat poured in.

>> No.7173590

>>7173390
Cut a piece of paper up into ten tokens. Sell one token for a dollar, hold the other nine. What is the market cap for your paper tokens? How much fiat was entered into your piece of paper currency?

Answers:
Market cap = $10
Fiat entered = $1

>> No.7173604

>>7173477
NOT really any answer.
Get lost.

>> No.7173685

>>7173590
Oh, why hold the other nine? hold where ? When ? from the beginning meaning never put into circulation ? Or put into circulation and only one was bought ?

>> No.7173704

>>7173590
?

>> No.7173707

>>7173390
jesus, ur mentally handicapped or something?
at least for tether u got it right
marketcap u clearly don't understand

>> No.7173722

>>7173685
>65 posts by this ID
Is this guy unironically non-white? Is that why he can't comprehend the difference between mcap and invested fiat?

>> No.7173737

>>7173707
NO , you dont. SEE questions above.

>> No.7173745

>>7163924
bottom will be 4171.7

>> No.7173773

>>7173722
Northern European , Speak a few languages , I.Q 132

>> No.7173842

>>7173722
Are you a Low I.Q inbred redneck ?

>> No.7173908

>>7173773
u clearly jokin
or ur some savant
maybe ur like that guy who can draw a whole city in detail after flying over for 10 minutes?
your econ skills are clearly lacking
marketcap u have wrong
don't get the logical probem u have, i'm serious

>> No.7173942

>>7173685
None of that matters. Both stock and crypto do not have have to be entered into "circulation" to contribute to the narket capitalisation.

Again:
Cut a sheet of paper up into ten tokens. Sell one token for one dollar, retain the other nine. What is the market cap for your paper tokens? How much fiat was entered into your sheet of paper currency?

Answers:
Market cap = $10
Fiat entered = $1

>> No.7173983

>>7173908
Psychotic breakdown from collapsing wallet plus lack of sleep + stims.

>> No.7174379

>>7165434
Aren't you forgetting that Coin creation is independent of FIAT investment?

>> No.7174600

>9,400

This is the end of BTC for awhile.
Even normies won't touch this shit until they forget about how much they lost.

>> No.7174671

i take no side, but for example the circ. supply of coin y = 1000 , all 1000 coins are sold to everybody , but now they release another 1000 and they just hold and dont sell it, then the mcap doubled without affecting the price, so the amount of fiat which poured into the coin y stays the same but mcap doubles

>> No.7174713

>>7165199
Lmao if tether collapses we'll see the biggest crash ever

>> No.7174758

My grandpa says crypto is a high tech digital scam

>> No.7174801

>>7165204
>muh SJWS
Get a fucking grip, a bunch of rainbow haired neoliberals have nothing to do with what's going on with BTC.

>> No.7175183

>>7163924
All the weak hands sold already, stop shitting the board with your MSM fakenews™ crap. You fucking kikes are annoying.

>> No.7175355

>>7164840
Magically lock in profit boys don't ask how though lol