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/biz/ - Business & Finance

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25961008 No.25961008 [Reply] [Original]

They are smart.
They pumped my bags.
And now I am out.

Thanks Tether, you made all of this possible,

>> No.25961031
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25961031

>>25961008
95% of the money in Bitcoin right now is Tether; all of the real money has been washed out through buy and sell transactions and fees between the participating exchanges. Tether is buying Bitcoin, which is causing Bitcoin to increase in price, thus allowing Tether to print more money and still be 'backed' with assets/dollars.
> SO OF THE $710,318,903,685 IN BITCOIN ONLY $35,515,945,184 IS REAL
There's going to be a big run for that real 35bn and its going to go fast.

>> No.25961059

>>25961008
redpill: the tether isn't creating a bubble, it's just an accelerator
it just accelerates bitcoin to its final price where it'll be stable
bitcoin pumps but doesn't dump, old price entries are gone forever

based tether, thank you for the money

>> No.25961074

>>25961059
until it implodes (hint: this year)

>> No.25961138

>>25961008
Why do all tether memes look like they were mad in word by an ESL Q schizo?

>> No.25961186

>>25961031
>Tether printing came close to $30B in 2020
>Tether mints are correlated with spikes in bitcoin price _due to market manipulation_
>Bitfinex uses Tether to _place market orders_ for BTC and other crypto currencies
>Real users put real dollars in the exchanges after _they artificially inflate the price_
>Colluding exchanges like Huobi and Binance help wash the USDT by making additional purchases
>Bitfinex sets artificial price floors as the price of bitcoin plummets
None of these have been proven.

>> No.25961210
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25961210

>>25961138
>ESL
There's your answer.

>> No.25961248

>>25961008
Am I missing something if they're buying BTC with tether wouldn't the price go down for tether?

>> No.25961287

>>25961008
I made almost $6 M kek. Sold already at 34k though but still thanks Tether and thank you all bagholders. Without you it couldn’t be done.

>> No.25961448
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25961448

>>25961248
you need to go back.

>> No.25961500

>>25961074
okay bobo

>> No.25961535

>>25961059
Give one example where a speculative mania actually ended up with a long term price at the top

>> No.25961559
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25961559

>> No.25961601

>>25961535
give one example where there has been non controllable money with limited supply in the digital world that just appeared almost out of nowhere

>> No.25961622

>>25961535
FAGMAN

>> No.25961658

>>25961008
>>25961287
>rookie numbers
>mfw tether made $1 bn ROFL

>> No.25961732
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25961732

How is this legal?

>> No.25961734

>>25961622
Amazon? Google? Microsoft? Apple? These stocks were bagholds for 10 years minimum after 2000. People who buy nor or bought last year will probably baghold a while again.
>>25961601
“New paradigm!!!”

>> No.25962028
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25962028

>>25961732
lmao
unbelievable
pic unrelated but its still hilarious aside from the fact that people are gonna be committing suicide over these "investments"