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

/biz/ - Business & Finance

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18459816 No.18459816 [Reply] [Original]

it just come everyday now

>> No.18459852

Someone photoshop trump and the USD into this

>> No.18459861

>>18459816
If they're printing this much it means the sell pressure is gigantic OR they're trying to get it as high as possible to sucker in the next gaggle of moonboys.

Either case means they're desperate. This is like when doctors try everything to help a patient before they croak

>> No.18459872

>>18459816
https://twitter.com/whale_alert/status/1250102050836316162
16 M already on their way to binance

>> No.18459873

it should have been pumping way harder.
my guess is that they want to create fomo post halvening by pumping it hard.

>> No.18459883

Whats the total

>> No.18459919

>>18459883
6.8

>> No.18459947

>>18459861
Tether FUD is bullish

learn about margin trading and why exchanges need stable coins for it

>> No.18459980

>>18459947
Bitcoin needs cash injections to stop it from collapsing

>> No.18460008

>>18459919
not sure how it all works but...
Does this mean someone, somewhere, pretends to have 6.8b $ in his bank account ready for when people will eventually sell all this?

>> No.18460049

Maybe it's just that exchanges need liquidity for an incoming mass-dump? Have you ever thought of that?

I don't think that exchanges running for liquidity is a good sign...

>> No.18460072

>>18459980
>people buy BTC with stable coins on margin
>a lot of people buy bitcoin on margin
>tether runs out of money
>tether prints new money and sends it to exchanges

>> No.18460078

>>18460008
>ready for when people will eventually sell all this?
if that ever happen
crypto is the perfect ponzi because only a very small minority is actually cashing out

>> No.18460131

>>18460049
> Maybe it's just that exchanges need liquidity for an incoming mass-dump?
so they can just create money out of thin air ?
damn I sure would need some liquidity to buy myself a house can I just give myself 400k ?

>> No.18460139

>>18460072
Yeah sure man. Tether conveniently starts printing billions RIGHT AFTER bitcoin drops from 9000 to 3100 in 6 hours. It's all cause of margin trading bro! Wish I was this delusional.

>> No.18460174

>>18460139
pretty sure a lot of people went all in right after that crash

>> No.18460213
File: 1.14 MB, 1106x1012, pepelooking.png [View same] [iqdb] [saucenao] [google]
18460213

>>18460174
yeah I'm sure there's huge demand for bitcoin given transaction count hasn't gone up, lightning is exactly the same and google search counts are the same.

>> No.18460235

>>18460072
you don't even understand how margin, lending premium etc work

>> No.18460255

>>18460213
we have an upcoming halvening and upcoming financial crisis. BTC was literally created for this time period

>> No.18460323

>>18460131
Are you stupid? Exchanges buy USDT with real USD from Tether.

>> No.18460361

why do you even care about tether

just buy low and sell high

even btc price is not relevant

this market is so predictable

>> No.18460385
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18460385

>>18460323
>Exchanges buy USDT with real USD from Tether.
imagine actually believing that

>> No.18460496

>>18460385
The fuck do you think?
Tether is just giving away USDT for free? Nice business model you invented there, pal.

Exchange can buy USDT from Tether and sell it back to them for USD...

>> No.18460539

>>18460496
do you even know who owns tether ?

>> No.18460568

>>18460496
USDT is printed for free so who cares

>> No.18460605

>>18460496
he sells them at 0.75 of an usd

>> No.18460660

>>18460496
>Tether is just giving away USDT for free?
Tether is pretty much owned by an exchange

>> No.18460711

>>18460539
tell me more?

>> No.18460920

>>18460711
have you ever heard of bitfinex

>> No.18460962

and btw CMC is now reporting USDT total MC at 7 BILLIONS
https://coinmarketcap.com/currencies/tether/

>> No.18461041
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18461041

If this doesn't scream life support I don't know what does
shit literally crash as soon as they stop printing

>> No.18461103
File: 208 KB, 1258x797, Capture.png [View same] [iqdb] [saucenao] [google]
18461103

>> No.18461109
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18461109

>>18461041

>> No.18461290
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18461290

>>18461103
that's pretty shitty looking chart tho

>> No.18461321

>>18461290
is this bad or good?