[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 261 KB, 1125x2181, 00v63ar0einc1.jpg [View same] [iqdb] [saucenao] [google]
57938310 No.57938310 [Reply] [Original]

wow i wonder why bitcoin is pumping so hard oh geez what could possibly be the reason

>> No.57938324

>>57938310
Now do the Federal Reserve

>> No.57938326

>>57938310
Holy shit, based tether

>> No.57938341

>>57938310
and this is a bad thing because... why?

>> No.57938353
File: 8 KB, 199x253, soyjack(you).jpg [View same] [iqdb] [saucenao] [google]
57938353

>NOOOOOOO YOU CANT MAKE UP MONEY AND BUY BITCOIN
>why
>YOU.. YOU JUST CANT, OK!?

>> No.57938357

>>57938310
People buy Tether, Tether gets printed to keep the peg

Somehow this is a miracle to bobos

>> No.57938373
File: 9 KB, 250x241, 1678602017263853.jpg [View same] [iqdb] [saucenao] [google]
57938373

>>57938310
>moar tethers suddenly needed
Yep. That's in anticipation of people panic selling their coins to get USDT. It's extremely bearish. By posting that you're confirming the bears are correct about the top being in or very close.

>> No.57938405

>>57938310
We're gonna be so rich.

>> No.57938410
File: 1007 KB, 220x262, 1683333867337421.gif [View same] [iqdb] [saucenao] [google]
57938410

>THE PRICE MANIPULATORS ARE PUMPING BITCOIN INORGANICALLY
>THEY WILL STOP PUMPING IT AT PRECISELY $70k AND MISS OUT ON ALL THE POTENTIAL GAINS ABOVE THIS RESISTANCE BECAUSE.... UM BECAUSE THEY JUST WILL OKAY???

>> No.57938429

>>57938310
>Last time $3 billion tether was printed Bitcoin pumped $20k
>$3 billion tether printed this week at a base price of $68k

>> No.57938441

>>57938310
hello, /r/buttcoin poster

>> No.57938469

>>57938357
What if nobody is buying tether and they're printing out of thin air? Is there a proof that people are buying?

>> No.57938479 [DELETED] 

>>57938373
This. Anyone who thinks Tether printing billions upon billions when BTC is as insanely overbought as it now is bullish, is extremely naive and extremely new.

If we were near the bottom (oversold) and this occurred, that'd be a very different thing; then it would be bullish. People who see OP's pic and think it's bullish are completely out of touch with the BTC market – and are allowing their personal feelings and personal financial situation to distort their perception of reality.

>> No.57938481

>>57938469
Tether is fraud and destroying the entire crypto ecosystem.

>> No.57938503

>>57938373
This. Anyone who thinks Tether printing billions upon billions when BTC is as insanely overbought as it is now is bullish, is extremely naive and extremely new.

If we were near the bottom (oversold) and this occurred, that'd be a very different thing; then it would be bullish. People who see OP's pic and think it's bullish are completely out of touch with the BTC market – and are allowing their personal feelings and personal financial situation to distort their perception of reality.

>> No.57938507

>>57938310
The reason is that people want Tether and adoption continuously increases

>> No.57938518

>>57938479
fuck you bobo wen moon muthuhfukka? lambo incoming in 3, 2, ... btc will be 300k next week bruh you'll see!

>> No.57938532

>>57938518
>the intelligence level of the current bulls

>> No.57939275
File: 68 KB, 553x506, 1678809337835978.png [View same] [iqdb] [saucenao] [google]
57939275

>>57938518
>fuck you bobo wen moon muthuhfukka? lambo incoming in 3, 2, ... btc will be 300k next week bruh you'll see!

>> No.57939362

>>57938469
Yes, because if they buy Bitcoin with Tether like Schizos claim they need a counterparty that buys Tether.
And if they would print and buy, they would need to instantly sell the Bitcoin again to buy Usa Bonds, and everything would just be a zero sum shitshow that would not pump Bitcoin.