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/biz/ - Business & Finance

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13625102 No.13625102 [Reply] [Original]

>He thinks the Tether thing will simply "go away"

>He thinks 80% of the market price of BTC suddenly disappearing is already "priced in"

Lmao, pic related B*lltoids.

>> No.13625141

>>13625102
somebody make an illustration of a card house or a 3rd world shit mansion built on a rusty sheet metal fundament

>> No.13625233
File: 72 KB, 940x530, 11111111111111.jpg [View same] [iqdb] [saucenao] [google]
13625233

>>13625141
Best I could find.

>> No.13625283

>>13625141
>>13625233

The visual another anon made based on data feed from late April shows just how fragile the entire crypto market is, built almost entirely on a fraudulent foundation.

Post-2015 Zoomers are going to get BTFO so bad.

>> No.13625286

boy remember this when you see the next bobo suicide threads

continue to push them towards suicidy when they get liquidated we might be able to push them over the edge and get rid of them for good.

>> No.13625290

>>13625102
he thinks BCT is relevant

>> No.13625320

>>13625290

Can you not read pictures?

BTC is the fiat gateway for all your other shitcoins. Money trickles down, but only via BTC.

>> No.13625360

So they print fake money, only a fraction of which needs to be redeemed.

And they take the money to buy crypto. Something that can collateralize those withdrawals. Which has been rising in price.

Do I have that about right?

>> No.13625364

>>13625320
what happens when that role is replaced by BNB
or just plain fiat pairs

>> No.13625378

If it isn't tether, it'll be TUSD or USDC that is used. Also, you cant say that 80% of the value of BTC will disappear if Tether was shown to be 80% backed. So really it's only 20% of that 80% that is fake barely worth mentioning.

>> No.13625380
File: 72 KB, 933x699, 54b0e3fb4ab10_o,size,933x0,q,70,h,fe0226.jpg [View same] [iqdb] [saucenao] [google]
13625380

>>13625364


>BNB

Are you fucking serious?

Are crypto kiddies this financially illiterate and retarded?

Binance is an illegitimate Chink Ponzi Casino that has evaded every regulatory jurisdiction possible because what they do is highly illegal, and no serious bank or institution will even look at them.

Binance handles ZERO fiat. They rely on the Tether scam to move value around.

>> No.13625387

>>13625102
> muh can't support volume
> muh it's going to $1K
> muh Lightning won't work
> I shorted at 3K so it must go down
> It's going to 0
> we are in a multi year bear market
> why doesn't stop pumping it's unsustainable
> I GOT LIQUIDATED FUCK U BIZ
kys Stop fudding you dumbass the bear market is over deal with it you little piece of shit

>> No.13625390

>>13625380
BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB BNB

did I strike a nerve
BTC is literal trash, and the chink chong will eat your lunch baggie

>> No.13625402
File: 34 KB, 408x450, 1515783875004.png [View same] [iqdb] [saucenao] [google]
13625402

>>13625390

>> No.13625405

>>13625380

Link and bat will be standard pairs in six months

Cap dis faggot

>> No.13625406
File: 116 KB, 600x900, 1557733458979.jpg [View same] [iqdb] [saucenao] [google]
13625406

>>13625402
see ya at 1k

>> No.13625408

>>13625380
well they announced the singapore binance exchange which does deal in sgd

>> No.13625418
File: 118 KB, 1024x853, 1516906059004.jpg [View same] [iqdb] [saucenao] [google]
13625418

>>13625387

>Finds out the entire financial pillar that propos up the valuation of BTC and all his shitcoins is fraudulent.

>"FUD"

Morons like you are my sell signal.

>> No.13625486

>>13625418
yeah it's fraudulent but so is anything else related to finances, doesn't stop people from getting filthy rich
in fact it's what facilitates people getting filthy rich

>> No.13625502

>>13625102
Tether only affects Tether you brainlet. people swapped their precious BTC for a worthless "stable-coin" and if Tether proves to be unbacked then it is they who got scammed, not BTC holders.

>> No.13625539

>>13625486
>it IS fully legit and backed by one dollar per usdt
>ok it’s not fully legit but it IS backed by one dollar per usdt
>ok it’s not backed by one dollar per usdt but it IS backed by 0.74 “cash equivalent” per usdt and isn’t fradulent
>ok it IS fradulent but that’s ok, everything else is ALSO a fraud so who cares we’re green again!
>fuck lost everything why didnt i see this coming

>> No.13625542

>>13625102
whats wrong with this turns out tether is pretty well backed by usd. 1:1

So alot of people that parked crpto in to tether now bring it back

>> No.13625550

>>13625102

Market price disappearing? lol ouch, brainlet post

>> No.13625574

>>13625406
honestly I liked BNB but you're making me want to dump everything I have. You can't even deposit money and you're still defending them.

t. got in at 5 cents

>> No.13625595

>>13625486
>yeah it's fraudulent but so is anything else related to finances,

B-b-b-bu MUH FINANCE

The pathetic cries of a crypto kiddie.

No, it's not the same as finance. Banks are heavily regulated and protected institutions with hundreds of years of prestige and trust that the entire world of REAL ASSETS, REAL MONEY relies upon.

Your little fraudulent crypto market looks structurally sound like a Brazilian favela in comparison.

>> No.13625601

stop warning them OP,
just wait and smile in silence when it fall.
do they deserve our pity? NO

>> No.13625603

>>13625542

That's not correct.

Bitfiniex plundered Tether to finance their own operations, and lost a few billion dollars in the process.

>> No.13625624

>>13625595
>banks (...) prestige and trust
kek, i knew you were trolling

>> No.13625633
File: 2.83 MB, 3264x1832, img_5318.jpg [View same] [iqdb] [saucenao] [google]
13625633

>>13625595

Pic related.

>> No.13625653

>>13625595
>it's regulated!!
>it's insured!!
>it's too big to fail!
>You'll get your money back!!

You underage or Poor? Or both?
You know what I don't care. The fact that you memory holed the 08 financial crises. You kind of make me disgusted. Like seeing a cockroach.

Bitcoin was created so that money changers like you never get a chance to lie again.

>> No.13625672

>>13625653
That is true. What is also ironically true: Bitcoin ended up being the very thing Satoshi hated, but far worse. A hotbed of scammers and manipulators milking normies for every last dollar with every psychological trick in the book.

>> No.13625681

Bobros stop warning the dumb money about what is coming

Just stop talking with them

wait in silence and laugh when it fall

sage

>> No.13625686

>>13625672
that was eth

>> No.13625688

>>13625672
oh Lord. It's going to be a really rude awakening when you find out who Satoshi actually is.

he's in jail. He used Bitcoin for money laundering. He's kind of an evil genius in the good way.

>> No.13625693

>>13625672
Satoshi created Bitcoin to launder money

>> No.13625702

>>13625574
I have zero BNB and zero BTC

>> No.13625733

>>13625702
lol what are you doing with your money?
I hope you're not saving it in the bank. The dollars value goes down every day. USD is sort of the eternal Bobo currency.

At least buy some stocks or commodities.

>> No.13625736

>>13625102
>money flow
Your pic doesnt show how much of that tether was created, and how much of it is swing traders. The same tether could be(and is) counted more than once to get that data.

>> No.13625744

>>13625733
I lost it all in boating accident.
An unknown amount.

>> No.13625993

>>13625736

The pic was a snapshot of money flows in a 24 hour period from all sources.

>> No.13626197

>>13625993
Yeah, no shit.
>smart money sitting in tether trades for BTC before a big pump
>the person who bought that tether sees a slight spike in price and fomos in to BTC from tether
>the third person who bought that tether is retarded, they see a 19% increase in BTC and buy the top
That same tether was counted 3 times in the money flow to BTC. This chart doesnt tell you shit. Of course tether is going to be the largest source, it is the most freely traded non-volitile crypto asset. We would need to see either how much tether was printed/burned in that same 24 hours OR how much money flows from BTC to USDT in that same 24 hours. The chart is garbage tier FUD and based on the creators basic lack of knowledge on how all this works(and lack of use of units) I wouldnt doubt if its entirely inaccurate, aside from the intentionally misleading stance it shows.

>> No.13626250

>>13625283
> built entirely on fraudulent foundation.

so just like the fiat pyramid system huh

>> No.13626291

>>13625486
You’re retarded

>> No.13626352

>>13626250
yes and that is what is so hurtfully ironic about it

>> No.13626367

>>13626250

Nope.

>> No.13626375

>>13626352
it would be ironic if that would be the case, but it's not. fiat pyramid system is a closed source one (federal reserve).
bitcoin distribution is open for everyone. missed the boat? bad luck, you can still get on it, fairly

>> No.13626443

>>13625102
do I read it right - most "money" ends up in ETH, and almost no one in this chart brought BTC to hold it - only to quickly buy other coins/tokens with it?

>> No.13626485

>>13626375
it's not about bitcoin, it's about tether

>> No.13626528

>>13626197
>>13626197
>>13626197
>>13626197
/thread

>> No.13626537

>>13626485
you're stupid anyways
money seized, NY opens investigation because of it, money is there but not available because of (((them))), bitfinex starts to sell bonds. no seized money, nothing would have happened and you wouldnt fall for the fud

>> No.13626593

>>13626537
take the blackpill anon

>> No.13626619

>>13625102
Based tether pumping the shit out of this market.

>> No.13626706

>>13626619

Haha, I keked.