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11399856 No.11399856 [Reply] [Original]

The bitfinex/tether fud is getting to me. Is anyone else getting concerned enough to exit crypto for a little while?

>> No.11399865

>>11399856
i'm definitely gonna need to find a new street to shit on until this blows over, sir.

>> No.11399898

I'm just want resolution already
I've been selling my stack for USD every night, because I don't want to be asleep if the big one is happening

>> No.11399914

a certain red headed kike who sold everything at 1k has been screaming "tether doom literally any day now!" for over a fucking year
sec has already looked into finex, nothing has come from it
don't worry bro it's all just fud

>> No.11399921

i already moved from tether to trueusd on binance, the fact thats its slowly dropping and not recovering,and the bitfinex premium is concerning enough
If we are to get capitulation i think thats how its gonna happen , with tether imploding

>> No.11399939
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11399939

>>11399921
Will you be upset that you effectively lose like 8% of your money trading from USDT to tusd after this is all sorted out

>> No.11399996

>>11399939
u dont lose 8% bro theres like 0.5 cent diference between the two

>> No.11400014
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11400014

>>11399914
I think he is just incredibly butthurt and this is how he copes

>> No.11400135
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11400135

>>11400014

>> No.11400331

>>11400135
>tfw too smart to make money

>> No.11400354

>>11400331
the only reason I put any money in bitcoin was because I heard about the tether scam when it hit about $2000
easiest money I ever made

>> No.11400472

>>11399996
There will be no 8%. It will be over after 5%, and we will go to zero in a matter of hours. People don't realize that this isn't going to go down linearly, it is going to be an exponential failure of the system.

>> No.11400506

>>11400135
wisdom aka pax/cusd

>> No.11401564

So is trueUSD actually safe or is that a scam too?

>> No.11401628

>>11399856
If this chart hits 0.95 I'm unironically going cold wallet
https://trade.kraken.com/markets/kraken/usdt/usd/4h

>> No.11401635

>>11401628
that's essentially one market sell away from happening

>> No.11401647

>>11401635
It'll take at least another week at this rate

>> No.11401710

>>11401564
Is backed, audited and actually redeemable.

>> No.11402034

What the scumbag shorters are not telling you is that it's normal to have a premium on Bitfinex, since the fiat withdrawals are disabled and people are buying BTC at an extra price and transfer it to other exchanges where they can dump back to usd and widthdraw

With regards to tether, it acts erratic for the same reason because Bitfinex is the leading exchange and the FUD army is now profiting from the situation to scare people from tether