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25776668 No.25776668 [Reply] [Original]

>> No.25776815

>>25776668
It's going to crash tether. Not btc. If anything it will give btc holders involuntary iron hands since they can't sell btc for tether anymore.

>> No.25776836

>>25776815
Won't BTC lose value in that case?

>> No.25776845
File: 2.05 MB, 1278x4170, Bitfinexbinancerugpull.jpg [View same] [iqdb] [saucenao] [google]
25776845

>>25776668
its all going down

>> No.25776870

>>25776815
wishful thinking there. sadly the market doesn’t work that way.

>> No.25776876
File: 54 KB, 1113x639, 1610279034425.jpg [View same] [iqdb] [saucenao] [google]
25776876

>>25776836
It 100% will.
Delusional people can't admit it because they're too balls deep. A crash is inevitable, the question is when.

>> No.25776993

>>25776870
>>25776876
>zero arguments

>> No.25777019

>>25776993
Idiot.

https://twitter.com/JacobOracle/status/1346133062204198917

>> No.25777024

>>25776876
So how low is the price gonna go?

>> No.25777029

if tether isnt backed, it will 100% dip at the least. It's not exactly going to pump the market

>> No.25777031

>>25776668
>tether fud
2017 called and it wants its fud back

>> No.25777051
File: 30 KB, 640x380, 2017.jpg [View same] [iqdb] [saucenao] [google]
25777051

>>25777031
2017 wasn't as dangerous.

>> No.25777056

>>25777019
still no argument why tether collapsing would crash bitcoin. just admit you're wrong.

>> No.25777088

>>25777056
>https://onlinelibrary.wiley.com/doi/full/10.1111/jofi.12903
check this out m8
according to this, btc would never have gone past 10k if not for the tether printing

>> No.25777089
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25777089

>>25777056
>still no argument why tether collapsing would crash bitcoin. just admit you're wrong.
Everyone would try to cash out bitcoin from exchanges, draining their supply. People will be desperate to cash out and buy it for fiat. The supply-demand dynamic reverses fast and the market is flooded with supply and low demand. This floors the price to historic levels.

>> No.25777092

>>25777024
that’s the thing. we don’t know.

>> No.25777188

>>25777089
>quoting schiff

>Everyone would try to cash out bitcoin from exchanges
why?
>People will be desperate to cash out and buy it for fiat.
again why? it's tether collapsing, not bitcoin. you're expecting people to be smart enough to realize bitcoin's price has been propped up by fake money. people aren't that smart. and those who are, are smart enough to realize other people aren't that smart.

>> No.25777222

>>25777188
There 24 Billion USDT that will be worthless in a matter of hours. This will affect the whole crypto market for years.

>> No.25777266

>>25776668
why would it? you can only conveniently exit usdt to bitcoin.

>> No.25777273

>>25777222
it will affect usdt holders. it won't affect anyone else.

>> No.25777293

>>25776876

Source for this graph / info?

>> No.25777313

>>25777089
bobo just admit you missed the train

>> No.25777353

>>25777273
How can someone be THIS retarded and still breathe let alone trade?

>> No.25777368
File: 198 KB, 2319x985, just-as-planned.png [View same] [iqdb] [saucenao] [google]
25777368

the timing is awful to "crash" bitcoin to "historic levels"
you would have to wait for the yellow period and time tether fud with huge ass dumping and other bearish news.
here the market will just gobble everything up that you throw at it.

>> No.25777412

>>25777089

Why would people cash out bitcoin just because tether fails?

>> No.25777445

>>25777412
dunno, but bera will grasp to any straw rather than admit we going straight to $100k and he missed it

>> No.25777477

>>25777412
Why wouldn't Tether themselves cash out?

>> No.25777492

>>25777353
>still no arguments

>> No.25777493

>>25777412
Tether inflated BTC prices and people will try to save their book profit.

>> No.25777553

>>25777368
S2F was retroactively built.

If could easily prove to be wrong if Tether collapses and brings down the price of BTC

>> No.25777557

>>25777493
>Tether inflated BTC prices
that's bullshit it's like saying euro inflates bitcoin prices because you can also trade on euro pair.

>> No.25777577

>>25777368
>fooled by randomness

>> No.25777580

>>25777557
It seems like whenever there's a dip it's Tether buying them all up though.

>> No.25777582

>>25777553
>if Tether collapses
i'm just like been hearing this retarded fud for years and years it's like listening to schiffs babbling

>> No.25777606

>>25777582
I've never seen this anti-Tether stuff on this board before this year.

>> No.25777610

>>25777580
the fuck are you talking about? tethers entire market cap doesn't come close to saylor and his buddies weekend shopping spree.

>> No.25777662

>>25777606
look i fucking hate and despise tether. it's a shame it even exists and a bigger shame people are actually holding it and some morons sell btc for usdt.
but to say bitcoin valuation has anything to do with tether is utterly idiotic. even if btc dips it will quickly recover these happen all the time last bullmarket we had 3 above 40% corrections.
who cares? it's all in the game. just buy the dip!

>> No.25777672
File: 260 KB, 2740x734, kzcknlp1bda61.png [View same] [iqdb] [saucenao] [google]
25777672

>>25777610
At the moment Tether has more volume than BTC, ETH, LTC combined.

Also institutional investors don't buy during a bull run.

>> No.25777678
File: 50 KB, 680x452, 1610186467091 (1).jpg [View same] [iqdb] [saucenao] [google]
25777678

Tether is gonna prove to be backed retards

>> No.25777685

>>25777610
>>25777610
WTF?

Tether is worth 24 billion, Michael Saylor is only worth 500 million, what are you smoking.

>> No.25777715

>>25777685
and his buddies, you think he is the only one?
i can see elon eyeballing btc also. you have no clue what is going on and how much money is sitting on the sideline waiting for a decent dip.

>> No.25777730

Does the USA even have the authority to ban Tether?

>> No.25777770

>>25777678
who knows it's still retarded shit anything "backed" is retarded. anyone does a "gold backed" crypto that will be retarded shit too. we tried that before remember the gold standard and how it ended up.
bitcoin you can audit yourself. these trustful custodial schemes have fractional reserve scam built into their foundations.

>> No.25777810

>>25777730
in the us maybe but they are more interested in fining (ripping off) exchanges and companies. the rent seekers are not happy with any attempt of bypassing them.

>> No.25777814

>>25777662
Why don't you believe BTC could drop permanently to a new low. In 2017 we all recognized it was a bubble, why is this time different?

>> No.25777822

>>25777730
This

>> No.25777825

going to filter all "tether" threads, fuck you fags just let us get rich in peace fuck off with these threads every single fucking day!!!!!

>> No.25777838

>>25777814
look at s2f forget the targets and all just look at the colors, this is not even the beginning of the bubble. unless we do a double like 2013 but even then around 30k is the intermediate bottom

>> No.25777873

>>25777822
I thought of that as well.
But when tether is worth only a fraction what it supposed to be, people will still probably nope the fuck out.
I just keep some money at hand to buy the probable dip.

>> No.25777894

how much money in all bank accounts is backed by physical money?
checkmate atheists

>> No.25777959

>>25776668

Who supposedly holds all this tether that has no cash behind it?

>> No.25778003

>>25777894
less than 1% current year but thinking physical cash is the real money is a big mistake.

>> No.25778021

>>25777959
Normal people on exchanges like binance, bittrex, huobi. Basically any exchange were you can trade crypto for "fiat".

>> No.25778026

>>25777959
people that sold bitcoin for usdt thinking we will correct.
guess what they will do when tether drops faster than bitcoin.

>> No.25778182

>>25777825
By all means, keep burying your head in the sand like the idiot you are.

>> No.25778212

>>25777715
>waiting for a decent dip

LOL so even they think BTC is going to fall in price.

>> No.25778236

>>25777838
I see S2F but it's not for certain, if S2F was 100% for sure to be right it would already be priced in.

Why do you have so much faith in s2f?

>> No.25778390

>>25778212
Short term yes, long term no. Why else would they be waiting for a dip?

>> No.25778398

>>25777273
You are the most retarded person i have ever met online

>> No.25778421
File: 312 KB, 877x345, thehoesmaketheman_25k_to_50k_buttcoin_BTFO_prediction.jpg [View same] [iqdb] [saucenao] [google]
25778421

>>25776668
ITT: delusion r/buttcoin zealots

>> No.25778478

>>25777492
TETHER CREATED A HUGE (ARTIFICIAL)DEMAND. IF TETHER GOES AWAY, SELLERS>>>>>>>>>BUYERS . U ARE A FUCKING RETARD it is unbelieveable.

>> No.25778495

>>25778390
Well from my understanding there is going to be no dip, it's just going to keep going up.

Why would they risk waiting for a dip? It could easily shoot up to 60K

>> No.25778699

>>25778495
holy fuck. if you are not an idiot, you never FOMO into pumps.

>> No.25778740

>>25776668
no
Stop being a pussy

>> No.25778818

>>25778478
>TETHER CREATED A HUGE (ARTIFICIAL)DEMAND.
how? by printing more tether to keep the price of tether stable at $1.00 you mean? so if tether stops existing they can't do that anymore BUT they won't have to since people will buy real dollars instead, nothing will change

>> No.25778829

>>25776836
sure. Immediate liquidity crisis. bank run and nowhere to cash out as exchanges will crash

>> No.25778980

>>25778699
You're a moron

Imagine thinking you can predict a dip.

>> No.25779011

>>25778829
sure buddy