/biz/ - Business & Finance

>>21052219

>>21052219
ABSOLUTELY NOTHING EVERYTHING IS FINE

Does this mean Poomp or doomp?

>>21052219
This shit is gonna drop harder than the dems will drop the debates

>>21052219
FUNDS ARE SAFU DO NOT WITHDRAW USDT

>>21052219
ALL USDT ARE BACKED UP BY US DOLLARS*

*or the equivalent value in loans to Bitfinex, which definitely has the capacity to repay the billions of dollars it gives itself every few months

>>21052219
imagine being a stupid dadless nocoiner right now.
being that womanly a fucked in the head.
we really need to shove nocoiners into camps.

>>21052219
DON'T WORRY ABOUT THE TOKENS NOT BEING BURNED
BITFINEX IS DEFINITELY REPAYING THESE LOANS TO ITSELF IT JUST DOESN'T SHOW UP IN THE LEDGER

>>21052219
~$120,000,000 EVERY DAY IS NOTHING IN THE GRAND SCHEME OF THINGS
PLEASE DO NOT INQUIRE AS TO OUR SOLVENCY

>>21052254
Pump

>>21052219

>>21052219
Total money created from thin air in the past 2 weeks:
One billion, one hundred and forty million dollars.
$1,140,000,000

>>21052528
>>21052454
>>21052406
>>21052371
>>21052312
>>21052270
>>21052247
>>21052219
they are all backed, take your meds

Nice. This means my funny internet money will go up, right?

>>21052572
do not ask questions, 2 billion usd per month is backed by real money and every cent is accounted for

>>21052528
Is this the digital federal reserve?

>>21052729
>2 billion usd per month is backed by real money and every cent is accounted for
Yes.

>>21052219
Hehe internet money printer go brrrr

I think the main reason for this is binance and its futires platform

Does this graph remind you of any other graphs in crypto right now?

>>21052905
It's almost like... Tether is doing exactly what it did to Bitcoin in 2017... except with Eth... but surely not...?

It would be a shame if someone shorted ETH and then withdrew billions of recently printed tethers from the market

>>21052572
>>21052850
Kek

>>21052940
>>21052905
If anyone has been paying enough attention, each of these massive prints of Tether I posted above, and subsequent transfer to Bitfinex, has correlated to the exact dates that ETH leapt up.

Stop shitting up biz you sullen schizo freak, go sulk somewhere else

>>21052572
Sure thing bro. You have about 2 months before this Ponzi collapses.

>>21053103
>ETH pumps vertically every single time another ~$150,000,000 Tether is printed
>this happens for two or three weeks
>there is nothing suspicious about this at all
>especially when Tether was known to have already done this in 2017 with BTC
are you getting 2017 vibes, anon?

We are not setting up for a short. It is totally normal for to move money direct from the treasury to exchanges, there's just so much demand for stablecoins during a bullrun :^)

>>21052905
there are people on coingecko who take their time every time to click on tether just to express their negative sentiment about a stable coin. boggles my mind.

Within the past 24 hours almost $200,000,000 has been transferred directly from Tether Treasury to Binance.
https://twitter.com/whale_alert

Tether has stopped printing as of a few days ago and started moving USDT onto binance, huobi, and bitfinex by the billions.

Such a coincidence.

>>21053708
Bullish as fuck. If they print 10 billion more, BTC can go to 20k.

xrp here we go

>>21052219
crypto printer go brrrr
stay poor

>>21053955
Shorters mad nothing new. Bobo's will hang for betting against a printing press with zero regulation.

>>21052528
>He doesn't know that literally billions of dollars are attempting to enter Link markets.
>He does not see the bigger picture
>He will surely not make it

>>21054003
One other thing, make sure you do not buy a front wheel drive vehicle. ONLY 4x4 VEHICLES ALLOWED ON THE MOON!

>>21053897
post your shorts motherfucker

Imagine holding shit on Bitfinex..

I have no functional understanding of the concept Tether. Whats stopping them to buy up all the LINK

stop posting tether whale alerts without paolos replies

USDT reflects the condition of the actual USD.
That's how dire things are for the fed, I wonder if there's a way to save it that involve precious metals.

cryptotards:
>guys crypto is the future! fixed supply! muh FED bad! printer go brrrr! fiat worthless!
also cryptotards:
>KEEP PRINTING MORE TETHER BITFINEX GOD BLESS YOU PUMP MY BAGS LMAO

>>21052219
Crypto printer goes brrr. It's a mere proof that markets are artificially propped up or in fact simulated.

>>21054105
Nothing beyond how long people are willing to accept worthless, unbacked tokens for ones with real value. At some point you would run out of people providing USDT/anything else liquidity and tether would become worthless. It's happened before - people can and should be getting out of Tether and Bitfinex while they still can.

>>21054400
>USDT reflects the condition of the actual USD.
absolute brainlet take. They have printed ~7,000,000,000 in the past two months. You think the Fed is backing up Bitfinex and giving them handouts?

>>21054485
>>21054439
Non-brainlets. The only question now is when this bubble pops, will it take all of crypto with it for a few years, or just ETH for a few months.

Is your angus peppered?

>>21055394
again, post your shorts motherfucker

>>21055476
I'm not shorting because I think ETH will be worth $1k at some point in the future, and don't want to take any stupid risks. But this pump is completely fake and propped up by thin air, and will come crashing down very hard. At the moment I am split between btc, link and cash to buy the cheapies when this house of cards collapses. I think an ETH collapse will drag BTC and LINK down too but they'll bounce back faster.

>>21055533
>convinced the market will go down
>isn't short
thnx op bought 100k

>>21055533
ok thats a respectable setup i thought youre a full on doomer. i didnt sell my eth and im not fucking selling anytime soon but im 30% cash and growing monthly, if it dumps will just buy more

>>21055750
>bitfinex has the ability to double the price of eth by magicking 8 billion dollars into existence
>bitfinex has done this before and is doing it again
>think I want to bet AGAINST the company with the magical money
come on now. It's a ponzi but if they really wanted, they could pump eth to $450 before people really started asking questions about who is buying at this price. Why would I take out a leveraged position against them?

>>21055764
I don't blame you. As long as you have some cash for the cheapies and are ready to wait for 2021 for the real bull run you'll be fine.