Retweeted by Tether CEO

[Anonymous No.25737305]

Except this doesn't make sense does it? If "crypto folk" are "big", then they made that money in BTC. It's not new money entering the market. For this to be true, it would have to be:

- buy BTC with fiat at ~£0 ages ago
- become (multi) millionaire in BTC
- cash out to fiat, *NOT TETHER*
- use Tether to jump back into the market

[Anonymous No.25737359]

Lol they obviously don’t give a shit we’re going to 60k this week

[Anonymous No.25737364]

>>25737305
Yes.

[Anonymous No.25737540]

>>25737305
they're selling their btc for usdt to avoid taxes

[Anonymous No.25737661]

>>25737305
https://mobile.twitter.com/search?q=from%3Awhale_alert%20minted%20at%20Tether%20Treasury&src=typed_query&f=live

$2.8B in 9 days. They don't give a fuck anymore. This is the final stretch. No holds barred.

Unless the SEC makes a public announcement on or after 15 Jan, we're going to 100k before the feds get around to raiding their offices.

Screencap this

[Anonymous No.25737727]

>>25737305
Institutional Exitscam incoming. Withdraw and sell all your crypto from exchanges. You'll get scraps on a settlement fund in 2025 if you don't do this.

It's a matter of days now.

[Anonymous No.25737755]

>>25737661
you retards have been screeching about this for four years now

[Anonymous No.25737784]

>>25737305
Holy pump time

[Anonymous No.25737810]

>>25737305
No coiners are NGMI haha am I right bros?

[Anonymous No.25737825]

>>25737755
Lawsuits take time. Tether was ordered to produce documents 19 months ago. They've been able to delay and distract but 15 January is the final deadline. They're cornered now so this is their exit pump.

[Anonymous No.25737835]

Funniest thing is that the head of Tether (Paulo) retweeted a retweet that says his company and its co-owned exchange are frauds. Lol.

These guys care less about hiding their cypto fraud than Democrats do about hiding their election fraud. It is there in plain sight.

[Anonymous No.25737866]

>>25737825
Yup same cheap ass fud. Remember mt gooks? Now that was some scary shit bitcoin will never recover from.

[Anonymous No.25737911]

>>25737825
a broken clock is right twice a day
don't care; still buying and not selling

go try being michael burry and do a big short and actually accomplish something or stop throwing temper tantrums for four years on biz

[Anonymous No.25737931]

How can the NY Attorney General even start a lawsuit against a company that isn't even registered in the USA

[Anonymous No.25737951]

i hope you're getting paid for this, fudanons
this is like being at /lgtb/ 24/7 creating threads about how dicks aren't meant to be put inside other men's assholes, and they were getting paid to just for being faggots

[Anonymous No.25737955]

>>25737825
>They've been able to delay and distract but 15 January is the final deadline. They're cornered now so this is their exit pump.
Notice how they ramped up from 20-30M "mints" up to $400M a day, they are going to rug hard.

[Anonymous No.25737989]

So, uhh ... what are these exchanges doing with their linkies?

[Anonymous No.25738024]

>>25737951
>browses lgbt
>thinks he can call anyone a faggot
I forgot this website had an lgbt board holy shit you are one massive faggot, go to r*ddit

[Anonymous No.25738063]

They printed 300M USDT yesterday and 400M USDT 1 hour ago.

[Anonymous No.25738130]

imagine being so blinded by greed to not want to see this, i know most bitcoin hodlers are 90 iq but come on

[Anonymous No.25738160]

>>25738063
i-its the in-institutional funds d-desu

[Anonymous No.25738195]

>>25737305
Wait so for Tether to be able to print more USDT, people would need to send their $ to Tether?

[Anonymous No.25738229]

>>25737540
redpill me on avoiding taxes on crypto gains

[Anonymous No.25738237]

>>25737911
Kidding me? I'm still long lmao. Difference is I have no illusions about what is happening. Can't fight the Fed, tether is Crypto's fed until it gets shut down.

It won't be 15th. They will produce some documents on the 15th, it'll be chaff though so it will take time to go through it. If their lawyers are half decent the strategy now will be to protract the litigation as much as possible.

[Anonymous No.25738242]

>>25737305
The crypto folks might also be using tether to sell their btc.

[Anonymous No.25738247]

>>25738195
no for tether to be able to print more USDT they have to type some digits on their computer, for tether to be backed by dollars people would need to send their $ to tether, kind of difficult to do seeing as tether as being playing cat and mouse games with their bank accounts and is shady as fuck

[Anonymous No.25738249]

>>25738195
Well yes but actually no

[Anonymous No.25738318]

>>25738247
>>25738249
Ok so if Tether was "legit", then that would mean that there are some wealthy people sending $100m+ to Tether and in return they get USDT correct? Now the question is why don't they just use Coinbase Pro or some other reputable exchange?

[Anonymous No.25738352]

>>25738063
Go to the whale alert page and pay close attention. Tether treasury directly pumps Binance USDT wallets. Legit exchanges like Coinbase don't get brick deliveries of cash from the fake usd headquarters. Chinese collaborating on this.

[Anonymous No.25738353]

What stablecoin trading pair should I be using to trade on Binance other than Tether now?

[Anonymous No.25738356]

>>25738318
thats easy, tether isnt legit

[Anonymous No.25738373]

>>25738229
if you made money, fucking don't
if you broke even or worse you aren't taxed in the US anyways
gains only count at the time of sale so if you're too in the green just buy some shitcoin and hold it for a while (like an actual good shitcoin though)

[Anonymous No.25738383]

>>25738353
I'm guessing USDC is the safest although the volume might be worse.

[Anonymous No.25738387]

>>25738353
just sell, when this scam collapses there will be no crypto market and you probablly wont be able to cash out any money from most exchanges anyway

[Anonymous No.25738391]

>>25738318
no they deposit money on an exchange and then buy tether

[Anonymous No.25738398]

>>25738318
>Ok so if Tether was "legit", then that would mean that there are some wealthy people sending $100m+ to Tether and in return they get USDT correct
This is the whole problem. There are NONE. Tether fired auditors in 2019 while USDC has 4 auditing companies watching them.

When they "mint" they extract fake numbers like $400M while USDC mints $7,021,020 because it's backed by real cash. Tether has a RICO charge against them, no sane investor would credit them with $100 let alone $5B a week. The collapse is imminent and visible to everyone.

[Anonymous No.25738450]

>>25738398
.....it's just going to pump boomercoin isn't it?
I smell $100k coming before valentines

[Anonymous No.25738497]

>>25738398
Does US even have jurisdiction on Tether? I have always thought that Tether is kinda untouchable from US, but since I've grown a bit older and gotten a bit "smarter" I have realised that they accept USD deposits, so US does have power over them which means at some point in the future Tether has to open up to USA right?

[Anonymous No.25738508]

>Normies are excited at tether on Twitter because printing pumps BTC
>They're even asking to direct it at altcoins
This is literally the top

[Anonymous No.25738518]

the bogs run binance and all exchanges in this galaxy. kneel before bog.

[Anonymous No.25738531]

>>25738318
Yep.
From March 2019 they also accept loans as backing.

I have this feeling that 15th January is probably going to be nothingburgers but when it indeed crashes, it will be an ugly crash.

[Anonymous No.25738539]

>>25738497
this is why tether is so smart, see they dont actually take USD depoists, 5d chess

[Anonymous No.25738547]

>>25737305
NO BREAKS

[Anonymous No.25738590]

https://www.courtlistener.com/recap/gov.uscourts.nysd.524076/gov.uscourts.nysd.524076.154.0.pdf
>https://www.courtlistener.com/recap/gov.uscourts.nysd.524076/gov.uscourts.nysd.524076.154.0.pdf
https://www.courtlistener.com/recap/gov.uscourts.nysd.524076/gov.uscourts.nysd.524076.154.0.pdf
>https://www.courtlistener.com/recap/gov.uscourts.nysd.524076/gov.uscourts.nysd.524076.154.0.pdf

[Anonymous No.25738613]

>>25737727
>>25737955
>>25738130
>>25738352
>>25738398
Not sure what to think of this, at this point it has been repeated so many times that it just comes off as a meme whenever Bears are salty. Still I gotta say it does make some sense, personally I will go into Fiat at 50k anyways because we are overdue for a dump and I am at a very comfortable spot to take some profits. Might still keep a small position open or ride my alts a few days more in the hopes they catch up in value. But right now I feel like going to 50k within the next 1-2 weeks would be way too much.

[Anonymous No.25738620]

>>25737727
See, dear viewers, this is how you identify a shill. Giving away potentially tradeable inside information for free. Just, pure altruism. On an anonymous Chilean basketweaving forum.

[Anonymous No.25738649]

Imagine being smart enough to see all of this coming and being stupid enough to ignore the one stable coin that automatically changes it's supply and also has connections to the CEO of Coinbase.

Christ you people are absolute retards.

[Anonymous No.25738681]

>>25738539
Wait what? I don't und-OH oh right ;)

[Anonymous No.25738684]

So lets say it turns out Tether will be worthless, what will happen?
Everyone who is holding USDT will be fucked, but I dont see it crashing BTC

[Anonymous No.25738707]

>>25738373
I get that part, and I've already done all that stuff in the past. You seem to be implying you can just convert your BTC in USDT and avoid the tax process all together. Is that a real thing? Wouldn't converting your assets from to the other be a taxable event?

[Anonymous No.25738708]

>>25738620
stfu faggot and it's just a plebbit nigger, not even shill tier or getting paid just a fat disgusting communist nigger lover that got lost and needs to go back or just rope

[Anonymous No.25738728]

>>25738684
all the money that has been pumping bitcoin disappears, people sell they bitcoin and realise the price was inflated, price crashes to real level. bitcoin is dead in the eyes of all normies. regulators come in like hawks. crpyto will be dead

[Anonymous No.25738743]

>>25737305
>people sell their bitcoin into USDT
>tether sells the BTC for dollars

its not hard to understand brainlets. As crypto grows, so does tether.

[Anonymous No.25738742]

>>25738684
If the asset has been supported by fake demand printed with fake dollars, when that buy pressure is removed, then the sell pressure remains from miners and profit takers. High sellers > less buyers > price will start dropping. At $20k, michael saylor dumps 40,000 coins on the market, at $10k the "institutions" will be stampeding to derisk

It might not happen, but if it does that's how it'll go down, and why bubble pops are also a parabolic line downwards.

[Anonymous No.25738746]

imagine thinking tether isn't 100% backed by lawyers in 2021. We will never give your coins back.

[Anonymous No.25738751]

>>25738649
AMPL is pointless. Algorithmic stables does what AMPL wants to do way more efficiently and even they are crumbling.

Once people figure out the Metagame (i.e. that it's only worth $1 because everyone thinks it is and not because its backed by anything) it's just musical chairs... And that takes us back to Tether lmao.

Look up OUSD. That's what happens to a stablecoin when it's not backed by anything

[Anonymous No.25738766]

>>25737727
seethe nocoiner

[Anonymous No.25738771]

>>25737727
>>25737305
It is always the ones left behind who start with this tether FUD

Last time, it was Bitfinexed: Some faggot who sold all his btc at 1k and then stayed extremely bitter for the entire bullrun instead of buying in.

This time, it is XRP schizos. After getting utterly BTFO by the SEC, you are now extremely bitter and instead of simply accepting the loss and moving on to real cryptos, you start with this tether FUD nonsense.

just check this guy out for example
https://twitter.com/pat_jane_crypto

First, he was constantly tweeting about muh secret coin, muh XRP the standard. As soon as XRP got rekt, he started tweeting about tether FUD instead.

[Anonymous No.25738773]

>>25738229
I bought gold from a commercial seller outside the country using BTC then I took physical delivery, sold the gold and bought back more BTC cheaper once the price had dropped

[Anonymous No.25738777]

>>25738398
>Tether has a RICO charge against them
>muh rico
you retarded dumbfuck just repeat what others say

IT'S LITERAL DRUG DEALING JEWS FILING A CIVIL CASE

NOONE, I REPEAT NO ONE CARES

[Anonymous No.25738781]

>>25737305
He's basically threatening everyone because his "crypto folks" are all drug cartel leaders.

[Anonymous No.25738789]

>>25738684

BTC takes a big hit and it's 2018 all over again.

[Anonymous No.25738797]

>>25738684
>So lets say it turns out Tether will be worthless, what will happen?
It bleeds causing a liquidity crisis on exchanges as people try to sell off BTC and other alts. Everything crashes simultaneously. Exchanges lose too much money and suspend withdrawals. Trading is halted. The exchanges declare bankruptcy and assets are seized by the Feds. Users get compensated in pre GBR scraps 5 years down the line and see nothing.

It's happened before:

https://en.wikipedia.org/wiki/Mt._Gox

Coinbase might be your safest bet unironically.

[Anonymous No.25738804]

>>25738707
I am not implying that and I've been switched over to USDC for a while but I usually just keep my cash in ETH or BTC
all my spare cash was in ETH this time around and it did a 2x on me already

If you buy a coin to lower your "gains" on paper and you want a stable coin I'd go USDC
btc is doing an easy 2x from here though

[Anonymous No.25738835]

>>25737305
NYAG Letitia James. I wonder how this ironclad case against a foreign entity will go.

[Anonymous No.25738846]

>>25737305
Pro tip: When you feel the markets are acting crazy and it doesn’t make sense, it’s not the the markets are wrong, it’s that your mental model or framework of analysis is wrong. I have been hearing about the tether fall since 2016.

No one can be sure or ensure safety in an unregulated market. Trade with that risk in mind.

[Anonymous No.25738855]

>>25737305
I thought you guys said institutional buyers are driving the price... what gives?

[Anonymous No.25738888]

>>25738195
that's the idea
tether is supposed to be backed 1:1 by actual dollars and dollar equivalents
some say that it isn't backed and they are just printing dollars the way banks used to print gold IOU's without holding any actual gold

[Anonymous No.25738917]

>>25738888
its more than that, they are then uisng there fake dollars to manipulate the market

[Anonymous No.25738933]

>>25738888
>used to print gold IOU's
implying they stopped doing that

[Anonymous No.25738949]

>>25738684
20 billion dollars of liquidity is going to vanish. Liquidity is what drives markets. This rugpull is going to annihilate all the normies that are currently in the market and allow huge institutional investors to grab crypto for pennies on the current dollar. It's going to be the equivalent of last March

[Anonymous No.25738969]

>>25738814 .

[Anonymous No.25739092]

>>25738855
>I thought you guys said institutional buyers are driving the price... what gives?
They did before November. The bull run was fabricated by tether/bitfinex printers and exchange collaborators exitscamming.

[Anonymous No.25739106]

>>25738771
this is exactly it, they read as retarded as schizos
how sad those faggot's lifes have to be? they even have bakers ready like this nigger >>25738969

[Anonymous No.25739117]

>>25738949
So get into USDC? What about the exchanges they going to exitscam?

[Anonymous No.25739167]

>>25738949
So is there any safe stablecoin?

[Anonymous No.25739189]

>>25738771
>SEC civil case is a big deal
>BTC RICO case is not
Do you even hear yourself?

[Anonymous No.25739190]

>>25738773
If you buy gold with BTC you dont pay taxes ? In which country exactly did you buy it. I live in germany and am wondering if I could go to a gold vendor and just buy with BTC there and take physical delivery as well.

[Anonymous No.25739219]

You're assuming that you have anything resembling, you know, actual proof. Because you don't. So it's what, your word and a few whalepool tweets that mean absolutely nothing? Cool.

[Anonymous No.25739257]

>>25739190
Gold ist so oder so Umsatzsteuer frei

[Anonymous No.25739305]

>>25738855
Prove that they aren't. Prove that tether is indisputably insolvent. Go ahead. No whalepool tweets and anonymous ETH wallets, either. No one knows what those were for.

[Anonymous No.25739308]

I now know that /biz/ is full of newfags and reddit niggers because anyone from 2017 already knows that Tether is a total scam.

[Anonymous No.25739323]

>>25739257
Gold schon aber Bitcoin doch nicht. Kann ich einfach Bitcoins gegen Gold "tauschen" und dann in nem Jahr oder weniger das Gold ohne Steuern in Euro umwandeln ? Klingt wie ne Lücke im System wenn das gehen würde...

[Anonymous No.25739329]

>>25738949
>>25738728
>>25738789

how new are you people, every time the market pumps we have the "tether is a scam" threads.

[Anonymous No.25739337]

>>25739189
No one's suing BTC you fucking retard. And most of all no one is suing the CEO of BTC Sakoto Nakamoshi.

[Anonymous No.25739422]

>>25737305

Except Tether represents 25B USD while BTC is worth over 750B. If tether disappeared overnight, it would remove 3% of BTC's market cap plus--- at worst--- a 20%-30% temporary panic selloff that would get eaten up right away. Motherfuckers are acting like it's the sole underlying asset that has given BTC its value, and it's fucking not.

The tether fud is likely real, but what people aren't thinking clearly about is how small an impact it would have on BTC.

[Anonymous No.25739426]

>>25739323
Even if you could swap BTC for gold the vendor would rat you out to the Finanzamt if you sell a bigger amount than 2k eurobux ( a little bit more than one ounce). Better sell it to a trashy bitcoin ATM or never ever fucking sell because its BTC.

[Anonymous No.25739442]

>>25737661
>>25737540
>>25737359
>>25737305
Defendants Lie To The Markets About USDT ........................................................4
1. Expert Analysis Shows That Tether Did Not Issue USDT Only In
Response To Legitimate Customer Demand ...............................................5
2. Tether’s Banking History Shows That USDT Was Not Fully
Backed By U.S. Dollars ...............................................................................7
3. Tether’s Strategically Timed “Burning” Of Over A Billion USDT
Shows That USDT Was Not Fully Backed By U.S. Dollars .......................8
B. Defendants Use Debased USDT To Manipulate The Crypto-Commodity
Market ......................................................................................................................9
ARGUMENT .................................................................................................................................11
I. PLAINTIFFS STATE VIABLE ANTITRUST CLAIMS .................................................12
A. Plaintiffs Have Antitrust Standing Because They Transacted In A Market
Subject To Price Manipulation ....
B. Plaintiffs State Viable Section 2 Claims
1. The Bitfinex/Tether Defendants Have Monopoly Power Because
They Directly Controlled Crypto-Commodity Prices ................................14
2. The Bitfinex/Tether Defendants’ Manipulation Of CryptoCommodity Prices Was Anticompetitive...................................................17
3. Defendants Conspired To Monopolize The Crypto-Commodities
Market ........................................................................................................18
4. Alternatively, Defendants Attempted To Monopolize The CryptoCommodity Market .
C. Plaintiffs State Viable Section 1 Claims ................................................................19
1. Defendants Conspired To Inflate Crypto-Commodity Prices ....................20
2. Defendants’ Conduct Unreasonably Restrained Trade

[Anonymous No.25739483]

>>25739422
Binance is the biggest Tether bagholder and the biggest wash trading exchange at the same time. Do the math.

[Anonymous No.25739528]

>>25737305
OK ITS OVER TETHER FUD FAGGOTS NO MORE FUCKING FUDFAG THREADS WERE CALLING A LID ON IT.

THE CHAD CEO SMUGGLY REPLIED BIGLY AND HE WOULDNT DO THAT IN THE FACE OF A LAWSUIT HE DIDNT THINK WAS TOAST

FUCK YOU, SEE YOU AT 60K YOU RATS

[Anonymous No.25739601]

>>25739426
I mean I bought 90% of my BTC holdings in 2017 so I think I am good if I sell anon. I am just wondering about the last 10% since I dont hold them for a year or more so far. Also I could really see myself cashing out into Gold rather than Fiat just because it seems like a decent investment with all the money printing going on.

[Anonymous No.25739633]

>>25738777
you are telling lies that will hurt people.

>>25738781
more like CIA. cracks me up how people don't even realize that Tether is run through shady banks in the Caribbean. mass moneylaundering. Tether represents everything that needs to be removed from crypto before it is adopted for institutional use.

[Anonymous No.25739699]

>>25738835
oh yeah, it's Letitia James personally who is filing and prosecuting this case, and not institutional interests

>>25738855
see pic related