[ 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: 1.73 MB, 1873x4609, exitscam.png [View same] [iqdb] [saucenao] [google]
25705967 No.25705967 [Reply] [Original]

This bullrun was a coordinated exitscam between Bitfinex and Binance. Read the wikipedia about tether and bitfinex (same company).

Tether printed $25B, that's not the point. They used it to pump BTC at critical resistance levels by printing boatloads and buying BTC with it. When it pumped, they sold off the BTC at a profit, then when it started crashing they printed more tether. Other exchanges like Binance were in on this. We're talking trillions of dollars. They went overdrive the past month because they're about to exitscam.

This is the biggest ponzi we've ever witnessed. It wasn't institutional buyers but exchanges doing dirty work behind the scenes. The only way out is fiat, not USDC (that too will bleed).

Suicides will start soon.

>> No.25706034

Never fucking selling

>> No.25706238

>>25705967
Schizo crap. Bitcoin's s2f halving causing a logarithmic increase has been predicted by institutional investors and mathematicians since 2014. You do know Bitcoin becomes more scarce every 210,000 blocks -- or approximately 4 years, right?

It was the most simple fact in the world to know and if you didn't you will be poor forever. 20B isn't even 1/35th of Bitcoin's marketcap.

>> No.25706253
File: 593 KB, 1920x2880, 96e5c2f2a1fec936fdaff62b0035abb97772b207d95625519534eb9bc540726c.jpg [View same] [iqdb] [saucenao] [google]
25706253

>>25705967
this is pretty interesting but I only have .3btc so I'm not invested enough to really give a fuck at these price points
if we go to $1 000 000 I might get freaked out by tether fud but right now my btc's are worth literally nothing so who the fuck cares
ride to $1m or $0

>> No.25706295

>>25705967
Muh 2017 tether fud

>> No.25706345
File: 1.76 MB, 1935x3653, tetherexitscam.png [View same] [iqdb] [saucenao] [google]
25706345

Just don't get fucked on the short squeeze before the huge crash.

>> No.25706369

>>25705967
>a multi-trillion dollar market manipulation is so transparent that some nigger browsing a mongolian flipbook forum can notice and document it
this is what schizos actually believe

>> No.25706453

>>25705967
dr;ns

>> No.25706490

>>25705967
>2016-2017 fud
>2021

Who the hell is paying this retard?

>> No.25706761

Imagine tether fudding for 5 years and staying poor all the while.