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/biz/ - Business & Finance

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25817456 No.25817456 [Reply] [Original]

was the tether fud seriously the cause of this dip?
a quick rundown on the timeline
>/biz/ flooded with tether fud 24/7 for a week
>Tether CTO and lawyer announce upcoming podcast to dispel the fud
>podcast airs and dispels nothing and actually just makes people even more concerned
>1 hour after podcast airs bitcoin enters death spiral
the thing is, the tether fud was almost entirely contained to /biz/ and the podcast does not seem to have been widely viewed or reported on. Was this bitcoin crash sparked by tether fud or was it just a coincidence?

>> No.25817495
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25817495

>>25817456
It's a fucking scam rugpull

>> No.25817515

It's monday

>> No.25817547

>>25817456
Chinks have bad English and fall into the fud , these are the same chinks who pushed Bev and bcash to the moon cause some articles said they were replacing bitcoin

>> No.25817607

>>25817495
reminds me of the election "fraud" "evidence". Seems convincing, but doesn't actually prove anything, and isn't even evidence at all.

>> No.25817659

>>25817456
>was the tether fud seriously the cause of this dip?
No you idiot.

>> No.25817667

>>25817456
you forgot
>goes down to 32k and all biz buys
>it only goes sideways

>> No.25817717

>>25817456
Widen your circle. People have been talking about this on twitter and r*ddit.

>> No.25817739

Stock futures are bloody too. Nothing stays red for long in the clown world

>> No.25817741

link to podcast please

>> No.25817783

>>25817717
no one is talking about it on reddit except at r/buttcoin which is a community of like 10 schizos
on twitter it seems mostly contained to replies to whale alert prints

>> No.25817784
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25817784

>>25817607
the state of biden bros.... At least you made money betting on him right?

>> No.25817826

Just gonna leave this here... https://archive.4plebs.org/pol/thread/301694911/

>> No.25817844

>>25817741
https://www.whatbitcoindid.com/podcast/questions-for-tether
https://www.youtube.com/watch?v=b_Uq5QCHcU0

>> No.25817889
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25817889

>>25817456
its normal correction ffs. look at the previous bullrun dips

>> No.25817920

>>25817889
literally this. Its already recovering. hope some of these fud spreaders got a moment of clarity, zoomed out and bought the dip.

>> No.25817930

>>25817783
https://reddit.com/r/CryptoCurrency/comments/ksdfne/why_tether_might_tank_the_crypto_market_on_jan/giffnoi/

>> No.25817965

>>25817889
>>25817920
lol no, it's over

>> No.25818013

>>25817965
>just hit 35k again

oh nonononononono....HAHAHA

>> No.25818059

>>25817456
>tether fudder = you

>> No.25818088
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25818088

>>25817920
>Its already recovering

>> No.25818117

Did people really sell? LMAO, I bet that scrub KSI didn't even budge, embarrassing weak hands.

>> No.25818166

>>25817456
no people just associate corrections with some piece of news after the fact... it could be anything but there is always some narrative.

>> No.25818185

>>25817456
the dip was the same manipulation it always is - big holders hit a milestone, cashed out, coin collapsed, and as soon as the bottom plateaus, they'll buy it back on sale.

>> No.25818196

Impossible for us mortals to know for sure, but imo it was a long liquidation by exchanges.

>> No.25818208
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25818208

>>25817607
Bitfinex insider trading secrets

>> No.25818241

>>25817784
Shut the fuck up you orange nigger lover

>> No.25818306

>>25817920
It's irreversibly dumping

>> No.25818347
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25818347

>>25818241
hey bud, I never said I liked orange juice. And calling me the N word is offensive. wtf bro? In bidens america thats UNACCAPTABLE

>> No.25818389

>>25818013
based retard

>> No.25818398
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25818398

>>25818196
longs aped right back in because the funding rate is still high.
sentiment is bullish too so you know what that means. break the bulls some more, create some fear and the rally will continue

>> No.25818696
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25818696

>EO nuking investment in virtually all Chinese firms and investment in funds that have exposure to Chinese firms is set to take effect today, at 9:30AM EST.
>This is effectively going to freeze any Chinese money in the US
>Fucks over both Chinamen trying to get wealth into the US for capital flight AND Chinamen trying to siphon USD for dogshit RMB via crypto exchanges because you can only trade Yuan on SWIFT.

What would happen if it were the case that a bunch of Chinese nationals were using cyrpto exchanges to get USD into China without using SWIFT?
Do you think they might want to cash the fuck out before the other shoe dropped?

>> No.25818998

>he thinks biz isn't the main place people come to for honest facts on crypto
Ngmi