/biz/ - Business & Finance

[Anonymous No.16129559]

>2019

Well I guess Im forgotten one year more

[Anonymous No.16129604]

bump

[Anonymous No.16130192]

eat a dick bobo

[Anonymous No.16130222]

>$4,138,731,907
heh

[Anonymous No.16130632]

>>16129559
RSV will make this chink shitcoin irrelevant
Cap this

[Anonymous No.16130648]

>>16130222
This shit is fucking nuts, over 4billuon dollar market cap of fraud

When tether implodes btc to $500 if bulls are lucky

[Anonymous No.16130674]

Appeal court date tomorrow

[Anonymous No.16130825]

>>16130648
the thing you newfags never get is that if it does fail or seems about to, where will all the people exiting tether go? Into cryptos, there's nowhere else. There's no banking exit to USD. BTC and all the larger coins will skyrocket as people panic exit tether and hope they can get into ANYTHING else.

Thats the top to catch, when it's time to gtfo into usdc or USD for a while. 4 billion exiting will be explosive. Or, it might just never happen and tether is legitimized or moves into gemini, coinbase, and circle banker-banked stablecoins. Seems like Bobo gets fucked either way

[Anonymous No.16130837]

>>16130825
>been here since 2016
>calls me a newfag
>uses the absolutely retard tier autistic newfag reasoning that btc will somehow magically moon when tether collapses

So tired of arguing with brainlet moonkuks like you, just have fun losing everything retard

[Anonymous No.16130901]

>>16130837
So you expect them to close tether, finex and close/seize every single exchange trading tether vs crypto around the world? and if not, you just expect the people stuck holding tether to be happy to hold it to 0? They'll try to trade it for anything they can, like they did when my ag first announced and caused the runup

[Anonymous No.16130904]

>>16129559
The harsh blackpill is that the tether ponzi will continue indefinitely until crypto becomes so large that eventually tether has no effect and the owners fade into the background quietly, taking their profits with them.
Trying to predict or time a tether crash is extremely foolhardy and I say this as someone who got into the tether fud very early. There is nothing the law can do. Even if they do manage to expose that they are frauds, most of crypto doesn't care. It's already priced in. Whales buying tether OTC openly admit that most of it isn't backed. It's a clown world and you'd be better off accepting it.

[Anonymous No.16130911]

>>16130837
2016 is pretty new too

[Anonymous No.16130950]

>>16130901
you have fucking autism if you think most of the liquidity disappearing from the crypto market will somehow be bullish. Non retards have explained the reality to you a billion fucking times but you’re too much of an incel subhuman mouthbreather to come to terms with the reality in advance, so you’ll be forced to once you’ve lost everything

Let me tell you what will happen, for the millionth time.

First, tether holders will rush for the exits into bitcoin. Bitcoin will pump a bit

Quickly, btc holders will realize tether is worthless and stop selling for tether

Finally, tether holders will just be stuck with worthless bags and 4 billion dollars of wealth, and most of the source of liquidity, will evaporate from the market instantaneously

Realizing they no longer have any liquidity to immediately cash out holders will rush for fiat gateway exits, but those too will get jammed. The price of btc will plummet along with most alts.

Most exchanges and major crypto investors will go under. Including kraken, poloniex, bitmex and ofc bitfinex.

[Anonymous No.16130954]

>>16130825
80% of bitcoin's volume is in tether
So much of the money coming into bitcoin, the money used to buy bitcoin, is tether internet funny money given to whales by the tether mint so they can get into crypto
When tether falls, the demand for bitcoin will slump, not to mention people will panic big time, and the price will drop, and all alts will get rekt too

[Anonymous No.16130955]

>>16130911
First of all, no it’s not.

Second of all, I held some btc I lost on mt gox in 2013, and I met vitalik personally during the 2013 bullrun a few weeks before he wrote the ether white paper, at a talk he gave on btc.

[Schiff Will Win !!L6zziHG8/KZ No.16130961]

>>16130825
kek shut the fuck up retard

[Anonymous No.16130986]

>>16130950
This. Retards think that bitcoin bag holders are going to buy 4 billion dollars worth of blockchain fiat

[Anonymous No.16130997]

>>16130950
4 billion isn't much of a 170 billion market. In what do you base you prediction?

[Anonymous No.16131008]

>>16130961
Imagine reading this and still thinking the entire bull run wasn't manipulated.

[Anonymous No.16131032]

>>16130648
>h-heh it'll all come crashing down when tether implodes!!!1!
Been hearing this for years and it will not happen for years because regulators still consider this shit monopoly money and therefore dont care

[Anonymous No.16131056]

>>16130950
This is true but the problem is WHAT will trigger it? Even as a former believer in tether crashing, I had no answer to this. Do you really think some court order means anything? Especially to whales (the one providing liquidity and controlling tether) who ALREADY know tether is pretty much worthless and still don't care. Tether will continue to pump BTC until institutions take over all of the liquidity, by which point tether will become irrelevant.

If it hasn't crashed by now, I really wouldn't bet on it.

[Anonymous No.16131059]

>>16131032
Top fucking kek, these are the retards I’m trading against, no wonder I’m making so much

Regulators want to rape btc and are tightening the noose as we speak

[Anonymous No.16131071]

>>16130825
>>16131032
yeah of course btc will go up when tether implodes.

this is due to the fact that the people who are prosecuting tether WILL NOT phone up their third cousins and explain that btc futures are traded on the CME.

[Anonymous No.16131086]

>>16131059
What more can they do? BTC is already largely regulated in the US. Short of outright banning it, there's really not much left to do. Crypto isn't the wild west anymore when things like Bakkt are up and running.

[Anonymous No.16131101]

>>16130997
That 4billion is the entire gateway upon which the 170 billion rests. The moment people realize the tether lifeline has been shut off it’s fucking over

[Anonymous No.16131114]

>>16131086
All of their illicit bankers are being extradited. The noose is tightening. Google crypto capital you fucking idiot

[Anonymous No.16131125]

>>16130950
>>16130954
Well, you bet on that, I'll go with what I see in the on chain flows of tether between exchanges. There are other fiat backed tokens out there backed by massive banks and I don't think tether is going to get shut down anyway

>>16130961
Yep, and the guy running that company they got ripped off by just got arrested recently

>>16130955
I was around back then too and even did some media interviews by phone and email late that year.

>>16131032
This, pretty much. And the introduction of the circle and gemini backed stablecoins is changing things

>>16131086

[Anonymous No.16131135]

>>16131114
Crypto capital was the company that stole almost a billion dollars from finex

[Anonymous No.16131145]

>>16131056
What will trigger it is the arrest and or extradition of bitfinex ceos

[Anonymous No.16131155]

>>16131135
Yes that’s exactly the point you crayon eating retard

[Anonymous No.16131162]

>>16131114
>crypto capital
Brainlet spotted. Literally grasping at straws for something related to tether. Fraudsters going to jail is only bullish for bitcoin.
More regulations = more institutions.

>>16131145
This will never happen. If you're not a brainlet you would understand why.

[Anonymous No.16131181]

>>16131155
What point? That a company that defrauded finex got fucked? They're probably happy about it.

[Anonymous No.16131202]

>>16131181
>>16131162

the company that bitfinex used for fraud got fucked. A company that aided drug cartels...was Given money by bitfinex. Now Interpol will have access to all the traces of money tether used and the AG will be able to extradite them for fraud

[Anonymous No.16131225]

>>16131202

the real question is why and how finex got involved with CCC in the first place when other exchanges have less problems getting banking.

[Anonymous No.16131230]

>>16131225
The answer is obvious: because finex is insolvent

[Anonymous No.16131255]

>>16130825
It goes straight into BSV corecuck batman

[Anonymous No.16131258]

>>16131202
>and the AG will be able to extradite them for fraud
Even *if* this is the case, you still have no answer to my original post.

Do you understand how long something like that could take? It could take up to 3-4 years, at which point institutions will have taken over all BTC liquidity. They're beginning to slowly jump in now, just imagine what the future holds. Crypto moves really fast.
A real tether crash has about a year or so at best to happen. After that, tether will simply become irrelevant. At the end of the day, the whales know tether is insolvent and still don't care. They still keep buying regardless.

[Anonymous No.16131276]

>>16131258
The market can stay irrational longer than you can remain solvent.
I would not bet against tether and I would not bet against BTC either. That's all this oldfag has to say. Honk honk.

[Anonymous No.16131287]

>>16130955
Bro, you posted cringe.

[Anonymous No.16131304]

>>16131258
“Has only a year left to implode”

I completely agree. Which is why it will happen within the next year, and probably soon. The banking cartel that runs the US gov wants to bring down This hammer while it still can

[Schiff Will Win !!L6zziHG8/KZ No.16131333]

>>16131008
Based and High IQ
>>16131125
Finex ordained the scam, will be shut down soon, and BTC will be sub $1000. Imaginr thinking BTC would moon if tether got rekt. Tether is the only thing propping up this entire market

[Anonymous No.16131467]

>>16131333
CHECKED

Repent and buy rocks, zoomer

[Anonymous No.16131495]

>>16131230
finex lost 980 million because of crypto capitals funds getting seized for other business they were doing, they filed a subpoena asking the court for 380 million of what was seized returned to them and will request the rest later

>>16131304
The banking cartel seems to be part of crypto now and trying to purge the bad actors

>>16131333
Yeah, and if I had listened to people like finxe'd I would've sold before the last run took off too. That post is from 2017 and has been posted here again since earlier this year when btc was under $4,000.

[Anonymous No.16131524]

>>16131101
Way do you think that? Every country has brokers that change real life currency in to bitcoin. There are other stable coins also, some of those are backed by outside external audit companies, an example is True USD.

[Anonymous No.16131561]

>>16131333
BTC was about the same price it is now when that was posted in november 2017

[Anonymous No.16131935]

>>16131333
checked