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21058585 No.21058585 [Reply] [Original]

When will this fucking bullshit stop?

>> No.21058634

>>21058585
What's the difference between this and the USD?

>> No.21058668
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21058668

>>21058634
Lol, I think you know the answer to this

>> No.21058679
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21058679

stay mad

>> No.21058736

the market cap of tether would be how many exist yeah, like its fuck all really at 10 billion total

>> No.21058760

Who cares

>> No.21058770
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21058770

>>21058585
u mad?
imagine being a bear

>> No.21058800

>>21058736
It's already over 11 billion closing to 12 billion. Back in March it was like 6 billion. There's no fucking way they have 12 billion in cash. It all started when the lawsuit resumed again.

>> No.21058803

2020 still a bear

>> No.21058825

>>21058585
As long as it's after normies buy my bags I'm happy

>> No.21058826
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21058826

money printer going into $AST

>> No.21058827

>>21058800
it's cash or assets, bitfinex has over a billion dollars in eth alone never mind btc

>> No.21058876

I still don't understand tether. Is it like the Fed of crypto? Who runs it and decided to mint and burn? What is it backed by? What is going to replace it? RSV?

>> No.21058939

>>21058585
Lots of legit companies are using tether. Do they have all the money? No. Do they have the vast majority of it? Yes.

>> No.21058958

>>21058827
That's bullshit. They admitted that only about 70% is actually backed. That was before they started printing large amounts of tether. I'd say that right now less than 40% is backed.

>> No.21059047

>>21058939
Except this shit keeps ending up on Bitfinex and Binance most of the time. Tether will unironically kill crypto in the long term.

>> No.21059054

>>21058668
Yes I do, do you?

>> No.21059072

>>21058585
>when will it stop I don't wanna make money

>> No.21059092

>>21058958
that was during a very brief period last year.
https://wallet.tether.to/transparency
heres the details they claim. I tend to believe it since a lot of demand for stablecoin onramps probably picked up when btc went on fire sale, and usdc which is squeaky clean has been minting a lot too

>> No.21059141
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21059141

Yep. What a fucking surprise. If you think crypto isn't manipulated by Bitfinex, you're the biggest retard in the known universe.

>> No.21059176

>>21058876
i believe they add or burn total supply to adjust the price

>> No.21059186
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21059186

>>21058585
It will stop very, very soon, certain people will go to jail for life and we'll see the biggest crypto crash in history.

GET. OUT. NOW.

>> No.21059356

tether fud in 2020... some people are determined to stay poor