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/biz/ - Business & Finance


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25832948 No.25832948 [Reply] [Original]

all yer assets are hereby worth 0

>> No.25833086
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25833086

You think the rest of the world gives a flying fuck bout laws that affect the US?

>> No.25833167

>>25832948
>securities

>> No.25833221

>>25833086
>burgers thinking they are the center of the universe
nothing new

>> No.25833279

>>25833086
>>25833167
>>25833221
this is just icing, the cake is tether on the 15th

>> No.25833357

>>25832948
>The Secretary of Boomers & McDonald's says : "China bad", more news at 11

>> No.25833417

dam poor american nigger always cash out this year. Income usually happen about six hours from now
Don’t go with this fucking tards who tell that xrp will rise again, noncence
Just follow me and my pool on poolz finance. Use your brains and get profit with nft

>> No.25833423

Bitcoin is not a security

>> No.25833429

>>25832948
>November 12, 2020

>> No.25833496

>>25833086
Yes. Like it or not, the US is the most important country in the world a d what happens to it effects everyone.

>> No.25833530

>>25833086
this, New Somalia still thinks it's relevant. Filth.

>> No.25833633
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25833633

>land of the fee

>> No.25833691

>>25833279
Why don't you stand up and tell the class what happens on the 15th, anon.

>> No.25833882

>>25833691
New York has a hissy fit and bans New York based crypto exchanges from transacting in USDT. None of them currently do, so we go on pretending that USDT is backed 1 to 1.

>> No.25833926

>>25833221
I mean with how much you all talk about America, can you blame us?

>> No.25833933
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25833933

>>25833496
>the most important country in the world

Is this what burgers actually believe?

>> No.25834169

>>25832948
Fuck amerikeks lol. Europe and Asia are the new financial hubs of the world, but thank you burgers for jumpstarting the inflationary environment we're in, you guys did us a solid.

>> No.25834245

>>25833086
Both Tether and the USD are worth nothing when imports to the US stop.

>>25833496
Maybe in 1946 it was. It's 2020 now, get with the times.

>> No.25834303

>>25833933
yeah, they do, but you have to forgive them. They have been conditioned and brainwashed since birth

>> No.25834415

>>25833417
Imagine having a name like "Semen" xdxdxd

>> No.25834430

>>25833882
That's just fudder wishful thinking; what actually happens on the 15th in relation to the NY GA case?

>> No.25834454

TLDR: I hope we stay above 10k.
If you haven’t seen the volume from the last 24 by tether you don’t know how bad Friday is going to tank the entire crypto market. This is mtgox times 40. If we stay above 10k it will be a miracle. Hopefully it’s not enough to get us out of the 30k range but what has happened since the news it’s bad. The allegations were about 800m? 24 hour volume is at 143b. So if this is going to kill btc and free up eth, idk what else could do it besides a crypto regulatory agency to prohibit Bitcoin usage.

>> No.25834494
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25834494

>>25833423
This is what I'm thinking. This doesn't even apply.
Next fud plz we need some better ones.

>> No.25834522

>>25834454
ethereum is another chinese scam with no future

buy flare instead

>> No.25834580

>>25833882
If you have evidence of this you could make a fortune but it’s a larp. Imagine registering an exchange in NY or MASS.

>> No.25834645
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25834645

>>25834454
>Mt Gox: 70% of all BTC transactions at the time of shutdown
>Tether: 4% of BTC market cap
>"TETHER WILL BE MT GOX TIMES 40 GUYS"

>> No.25834695

>>25834415
Haha rekt that suka blyat jizzface

>> No.25834706

>>25834645
marketcap is a myth brainlet; it's all about the printing

>> No.25834746

>>25833933
as much as you cucks hate to admit it yes
america IS the greatest country in the world in its literal sense
t. not even american

>> No.25834780

>>25834706
>it's all about the printing
And they printed 4% of BTC's market cap.

In Tether's case, MC actually matters since each tether is literally supposed to be a dollar.

>> No.25834801

>>25832948
Bitcoin was already classified not a security. This only hurts Ripple corp.

>> No.25834817

>>25834780
The printed tether keeps pumping the whole market through wash trading brainlet

>> No.25834867
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25834867

>>25834645
mt gox was an exchange; tether is a shitcoin posing as a stable coin with fictional dollars.

>> No.25834889

>>25834780
printing is not equal to marketcap

if tether prints 100 million, bitcoin marketcap doesn't just move by 100 million, it moves by billions

>> No.25834933

>>25834245
>Maybe in 1946 it was. It's 2020 now, get with the times.
what exactly is the world valuing bitcoin in again?

>> No.25834937

>>25834645
We’re talking about tether. It’s essentially the deposit mechanism for US users or at least ppl who trade for USD. It’s designed to be a stable coin so it never goes above 1.0 realistically. In laymen’s terms, they print a crap ton of usdt equivalent to the fed. Why NY bans crypto exchanges? Why does the MSM show Bitcoin tickers on tv every day? It’s the gomment. Hopefully this doesn’t tank us 60%+

>> No.25834955

>>25833933
Americans are pay pigs so what happens with them echos

>> No.25834974

>>25832948
if it goes down below 30K, im out. otherwise, we let this boy ride.

>> No.25835026

>>25834974
Dude, it's an inch away from 30k

>> No.25835035

>>25834746
As an American who is debating moving out of this gay ass country I don't know what to tell you. By the time big brother Biden and his commie fags are done with this place it will be unrecognizable. Shit it already is because of the meme virus

>> No.25835072

>>25835035
lucky for you hes not going to be president
america will redefine crypto, xrp will moon

>> No.25835083

>>25834817
>wash trading
>pumping

Look up why they call it wash trading, you absolute dumbass.


>>25834867
And Mt Gox represented 70% of all BTC transactions.
Tether is a tiny fraction of that.

>>25834889
>printing is not equal to marketcap
Yes it literally is.
Every tether printed is added to the market cap.
Tether is printed via smart contract, you can easily look it up for yourself on-chain.

>>25834937
None of what you said is relevant to what I said.
Tether is a tiny fraction of what constitutes Bitcoin's value.
Mt Gox on the other hand represented the vast majority of Bitcoin's value.

>> No.25835092
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25835092

>>25835035
>As an American who is debating moving out of this gay ass country I don't know what to tell you. By the time big brother Biden and his commie fags are done with this place it will be unrecognizable. Shit it already is because of the meme virus
name somewhere that isn't experiencing the same exact shit chinkoid

>> No.25835165

>>25834974
Sadly dude I’d were in course for a 50%+ red week it might be the only option. The biggest and I mean biggest win for the market would be if the fed demands compliance from exchanges to seize operations immediately or be on a list. This scenario would mean every exchange could potentially make bank or lose bank by freezing all these ust. The community would just feel the burden... Jesus Christ. We’re in for a ride. Don’t sell that’s for fags. Buy more.

>> No.25835178

Over 70% of BTC transactions today are with Tether. What is Anon smoking?

>> No.25835180

not gonna lie, i'm shidding myself

>> No.25835304

>>25835083
>Tether is a tiny fraction of that.
you are criminally stupid.

>> No.25835308

>>25835083
Right we’ll mtgox is the last metric we have to go on besides the ico scams... retard

>> No.25835314

>>25835178
>Over 70% of BTC transactions today are with Tether
lmao, source?

>> No.25835327

>>25835083
no, if i make a coin with 100b supply in coins and buy a single coin for $10k, the marketcap will be in the trillions

same with tether; tether marketcap is equivalent to how much they've printed since the coin is always 1

however bitcoin is not; $100 million USDT will move BTC's marketcap by tens of billions, not just $100 million

>> No.25835337

>>25832948

>Issued on: November 12, 2020

>> No.25835377

>>25835304
Do tell why.

>>25835308
Wanna try that again, in English this time?

>>25835327
>no, if i make a coin with 100b supply in coins and buy a single coin for $10k, the marketcap will be in the trillions
With Tether this is not the case.
Every single tether is a single USD added to the MC.

>> No.25835391

>>25833086
you don't think bitcoin being delisted from all US based exchanges won't have an effect on its price?

>> No.25835417

>>25835337
>(i) beginning 9:30 a.m. eastern standard time on January 11, 2021,

>> No.25835477

>>25835377
with tether, but not with bitcoin

tether flows into bitcoin and each million usdt moves btc's marketcap by billions

>> No.25835496

>>25835337
That was 60 days ago mr I didn’t read the fucking bill. I got you fags doe.
https://www.whitehouse.gov/presidential-actions/executive-order-addressing-threat-securities-investments-finance-communist-chinese-military-companies/

>> No.25835517

>>25835391
>>25835391
>bitcoin delisted from all US based exchanges

Imagine being so retarded to actually think that this is going to happen.
What's even worse, imagine reading that announcement and actually thinking that it results in Bitcoin being banned.

Nocoiners are the quite possibly the most retarded group of people on the internet. I'm done talking to you garbage.

>> No.25835551

>>25835377
You’re an idiot if you think an image board without an edit function won’t have typos.

>> No.25835557

>>25835377
>Do tell why.
do you have any fucking idea what trading volumes are
holy shit you people invest in something and you dont even know the fucking basics
you probably think that market cap is more than an illusion too.
holy fucking shit the stupidity in investing just continues to amaze me.

>> No.25835560

>>25835477
You said "printing is not equal to market cap".
It literally is.
Every single unit of tether printed is a single USD added to Tether's MC.

>> No.25835571

>>25833926
We also talk about Niggers and faggots, do you think they are special aswell?

>> No.25835625

>>25835551
I just can't make out what you're saying.

>>25835557
>do you have any fucking idea what trading volumes are
You mean you're comparing Tether volume to BTC volume?
You do realize Tether is used to trade pretty much all cryptos, right?

>> No.25835654
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25835654

It would be a shame if your little cryptocurrency could be traced through a transparent ledger and your coins blacklisted if they ever came close to a chinese restaurant

>> No.25835662

>>25835557
Most ppl are sheep it’s the biz way. Ygmi

>> No.25835669

>>25834974
Don’t cuck. 20k was the previous high a month ago. Just chill dude.

>> No.25835684

>>25835560
yes, but my statement referred to bitcoin

with tether this is the case because it's worth $1

are you really this dense or are you a chinese shill?

>> No.25835711

>>25835625
>You do realize Tether is used to trade pretty much all cryptos, right?
you write this and you dont even think about it any deeper.
holy fucking shit
no wonder people lose their money

>> No.25835732

>>25835625
Ok you’re actually trolling

>> No.25835738
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25835738

>>25835517

While Bitcoin might not be flat out delisted, banks are now increasingly cracking down on crypto and it won't be long until it's going to be borderline impossible to get money in or out of this through mainstream banks.
And when Tether turns out to be a scam and that blows open, we can expect the price to tank even more and then come the strict regulations which tighten the noose even further.
Bitcoin can very easily end up being unobtanium through regulation, which is as good as banning it.

>> No.25835759

>>25832948
if true China is gonna pump BTC to $80k just to prove a point

>> No.25835810

>>25835738
Youre retarded. What’s stopping someone from using physical cash to buy some?

>> No.25835835

>>25835684
>yes, but my statement referred to bitcoin
Your statement about "printing" referred to bitcoin?

I'll put you out of your misery: no it didn't.
It's ok to make mistakes anon.

>>25835711
If tether goes away, another stablecoin will take its place.
Of which there are tons, including Binance's in-house one.
Tether is a tiny fraction of a proportion of BTC's value, and obviously an infinitesimally tiny proportion of all of crypto's value.
It sees a lot of volume, but is instantly replaceable.

>> No.25835888

>>25833086
>what was the XRP dump about?

>> No.25835948

>>25835835
Did you read the executive order?

>> No.25835955

>>25833086
>You think the rest of the world gives a flying fuck bout laws that affect the US?

EUpoor here, simply answer: Yes
Long answer: YES, they pay for our rockets.

>> No.25835957

>>25835888
XRP was supposed to be an institutional golden boy.

>> No.25835960

>>25835835
yes, because tether printing flows into bitcoin retard

i assumed you had basic understanding, but no wonder you hold bitcoin, it all makes sense now

>> No.25835981

>>25835810

Obviously nothing.
But do I really need to point out to you that if cash is the only good way to get money in or out of it, then you can expect the amount of money going into Bitcoin to fall to 1/100000th of what it currently is?
In that case you can say goodbye to any large bullruns or price estimates above $100. We'd instantly go back to the days when only crackheads used crypto.
Yeah Bitcoin can't be killed, but it can and most likely will be regulated to a point it's as good as dead.
Soon the only accessible and viable crypto out there will be whatever the fuck banks come up with, because it's going to be the only coin that properly adheres to the upcoming regulatory rules.

>> No.25835984

>>25833429
and it went into effect today on 9:30 am, in case you can't read

>> No.25835996
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25835996

>>25833496

>> No.25836062

>>25835738
>While Bitcoin might not be flat out delisted, banks are now increasingly cracking down on crypto and it won't be long until it's going to be borderline impossible to get money in or out of this through mainstream banks.
So use a US bank. Pretty soon countries are going to mandate banks accept it. India did, but their government has like 100 different parties so they flip flop every 5 days between pro and anti crypto.

>> No.25836064

>>25835960
Exactly

>> No.25836067

>>25833221
>burgers thinking they are the center of the universe
Europeans don't understand what a drop in demand does.

>> No.25836068

>>25835948
The one about securities, that has no bearing whatsoever on Bitcoin?
Sure, why?

>>25835960
You said "printing is not equal to market cap".
It literally is.

>> No.25836076

>>25832948
Bitcoin is not a security

>>25833279
The 15th was just a deadline for the documents that Tether has already submitted

>> No.25836083

>>25832948
Imagine thinking having the worlds reserve currency and transaction system (aka crypto) so dependent on the power and internet is a good idea.

What is a Solar Flare for $500 Alex?

>> No.25836145

>>25836076
>The 15th was just a deadline for the documents that Tether has already submitted
Finally someone who knows what actually happens on the 15th.

>> No.25836147

>>25835996
That's antisemetic. Stop it. Now.

>> No.25836171
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25836171

Bitcoin is essentially fiat currency without government enforcement. Fiat is only accepted when government succesfully threatens everyone into using it, without this you get Zimbabwe Dollars. Bitcoin by design have no enforcement, it is solely based on voluntary participation, ie rational individuals are supposed to pretend Bitcoin is worth something, despite no material or government backing. It is folly to believe it will ever be anything but a pump n dump scam, folly and stupidity. Take the best decision you ever made and sell while the price is still at $30,000.

>> No.25836199
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25836199

>>25836147

>> No.25836216
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25836216

>>25833496

>> No.25836256

>>25835981
Do you get charged for depositing btc? If I want my btc is 5 minutes I pay 50-100 retail. Prob way less if I spent the day trying to find a person to trade. Anyone trying to deposit 2k+ will be cucked retail wise. At least where I live in the states but we have licenses for that stuff which allow people to do it. USA USA. Your turn.

>> No.25836260

>>25836076
yes, millions of printed tether used to buy bitcoin increases bitcoin's marketcap by billions, hence printing is not equal to marketcap, hence the tether problem is huge not just 4%.. retard

>> No.25836267

>>25834933
In USDT, a counterfeit dollar printed by chinks.

>> No.25836289

>>25835738
No. It will be possible, but only thru lcx.

>> No.25836334

>>25836171
You will own nothing and you'll like it. Absolute midwit deserves the hammer

>> No.25836360

>>25836068
see
>>25836260

>> No.25836415

>>25832948
>bitcoin is a chinese military company
Oh ok
>>25835738
This is getting posted everywhere. Very misleading. HSBC is not the only bank in the UK. Nor is this a sweeping change. It's literally just HSBC
They don't want to deal with fools getting themselves scammed. That's it

>> No.25836439

>>25833933
se3ing as everytime we scratch our balls you europoors are here making threads about america replying to each other about america, and spending your lives thinking about americans while americans cant even find your country on a map and dont care to either

yes

>> No.25836457

>>25832948
>you had three whole years to buy cheap, and you were so dumb that u didn't buy enough so now you spread FUD so you can buy cheap alts with your curry money

>> No.25836503

>>25833496
*affects, also kek, crypto bows to china and not to america, mutts are already banned from most of the fun anyway.

>> No.25836520

>>25836415
>china owns 65%+ of the mining
>not a chinese military company

>> No.25836534

>>25836260
What happens is people convert their dollars in a bank transfer from USD to USDT on exchanges and those exchanges need actual tether to back that up, else its just funny numbers on an exchange and if people tried to withdraw their tether they couldnt.

When someone buys 1 million dollars worth of Bitcoin it doesnt increase the market cap 1 million dollars, especially if its a market order (which lets be serious, nobody market orders 1 million). If they were to market order that, it would likely trigger 100 million in gains, at least 10. Its an organic response to demand increasing rapidly in the face of dwindling supply. Bears were oversold, miners who held out selling until long after the halvening were depleting their selling supply, and then as a compounding positive factor when it did spike above 20k there were billions of dollars of shorts lost. The shorters got liquidated, they dont control the market anymore, it rocketed up.

Bear markets go away pretty rapidly when the bears lose all their money because they couldnt figure out it wouldnt be a bear market forever and assumed declines upon seeing gains. These are the dumb bandwagon bears, not actual big brains. There is a time to short, that time was for the last 3 years. Not now.

This latest dip is attributed to miners dumping again, stores they had held onto. I personally think its a coordinate whale movement to shake out the pleb longs, the non-big brain longers, like the non-big brain bears just got shaken out. I wasnt long, Im just holding for that reason.

>> No.25836540

>>25836260
So what's with all the volume if it's just a matter of a one-time buy of BTC with the newly minted tokens?

If Tether prints 100 million every few days, how much effect do you think this has on 100 billion worth of daily volume?
Or on the 100 billion worth of daily Tether volume?

>> No.25836542

>>25836415
Based

>> No.25836547

>>25836062
US banks are definitely going to be barring the use of crypto after Tether turns out to be a giant ponzi.
Tether blowing up will be the factor I expect to cause the strict regulatory rules to appear, since it's going to not only be considered a ponzi, but also a money counterfeiting scheme.
Banks will use this to slap in place every rule they want and people will thank them for it, because tons of normies and other small time investors are going to lose in this big time.

>>25836415
>It's just one entity, don't worry.
They're not the only ones who have done this, they're just the largest and the latest one on top of the others who have already taken action against crypto.
People can't keep their head in the sand regarding this stuff. Soon many other banks don't want the hassle of dealing with people who got scammed or possibly deal with profits that came from coins which are one audit away from turning out to be counterfeiting scandals.

>> No.25836554

>>25836457
>>you had three whole years to buy cheap, and you were so dumb that u didn't buy enough so now you spread FUD so you can buy cheap alts with your curry money

Retard could google, but keyboard is hard operate. Have fun losing everything. I already dunked on you.

>> No.25836598

>>25836503
true

China makes a gold backed crypto RMB and the US is a 3rd world country.

>> No.25836608

>>25836520
Yeah the assertion is pretty racist but data my dud

>> No.25836727

>>25836547
>US banks are definitely going to be barring the use of crypto after something I assume will happen that will never happen because I fundamentally misunderstand what tether is and its impact on the market
Kay. Have fun with that.

>> No.25836749

>>25833086
>jizz
KEK

>> No.25836817

>>25836727
>>25836547
Also I guess you missed it but Banks in the US are legally allowed to hold crypto now, so its the exact opposite of what you said. You can open a crypto bank account says the treasury like 2 weeks ago. Oops, youre wrong as wrong gets. Next step is mandating they do.

>> No.25836835

>>25836547
Thanks for the support dude. This fucking zoomer thinks he understands 10 years of anguish and greens because he took a ducking economics class in hs kek

>> No.25836870

>>25836534
whales make money going up and down

there will always be bears with deep pockets no matter how high bitcoin goes

>>25836540
billions in bitcoin marketcap

>>25836608
>racist
>plebbitor

>> No.25836905

>>25836817
Sauce

>> No.25836926

>>25836870
>billions in bitcoin marketcap
What?

You think 100 million every few days affects many billions in daily BTC volume in any significant measure?

>> No.25836983

>>25836926
yes, $100 billion usdt will move bitcoin's marketcap by billions

>> No.25837014

>>25836870
The gomment’s handling of crypto is ass dud. Orange man is racist against China. Why doesn’t he point his fat fingers at greed instead at China? Also the executive order is stupid af. So essentially officials in the USA have the right to audit Chinese companies? That’s some stupid person logic.

>> No.25837060

>>25836983
>$100 billion usdt
But anon, tether only prints a few dozen or hundred million USDT every so often.

>> No.25837113

What happened to the 140k btc the gomment seized? Did they sell it?

>> No.25837215
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25837215

>>25834454
Feels good holding link.

>> No.25837226

>>25836817
>Next step is mandating they do.
Yeah, their own style of crypto that they themselves will issue as an alternative to the current ponzi backed coins, that will be regulated to death.
Even if they had to be open for crypto, no law will ever state that they have to hold Bitcoin or any other coin they feel like they don't like.
If they had to, you could conduct any money laundering operation through a bank until regulations manage to weed the shitcoin out.
You could just repeat the current Tether situation infinitely times over and over again through a bank it they had no say in what they hold.

>> No.25837287

>>25837060
there is usdt, and bitcoin's volume and marketcap

you're confusing all three to keep your delusion alive

>>25837014
sigh, just go back to *eddit brainlet

>> No.25837347

>>25833423
Let ameritards self destruct further while chinks keep taking over the world, it's inevitable anyway, might as well speed it up

>> No.25837360

>>25837226
>>Next step is mandating they do.
>Yeah, their own style of crypto that they themselves will issue as an alternative to the current ponzi backed coins, that will be regulated to death.
>Even if they had to be open for crypto, no law will ever state that they have to hold Bitcoin or any other coin they feel like they don't like.
>If they had to, you could conduct any money laundering operation through a bank until regulations manage to weed the shitcoin out.
>You could just repeat the current Tether situation infinitely times over and over again through a bank it they had no say in what they hold.

*cough* https://www.ecb.europa.eu/euro/html/digitaleuro.en.html *cough*
https://news.bitcoin.com/china-launches-digital-yuan-hard-wallet-card-pilot-program/ *cough* https://www.digitaldollarproject.org *cough*
> Summer

>> No.25837382

>>25832948
bullish for bitcoin

>> No.25837405

>>25837287
>there is usdt, and bitcoin's volume and marketcap
Tether only prints a few dozen or hundred USDT every so often; even if ALL of those were printed out of thin air, they wouldn't significantly impact Bitcoin's price considering the daily BTC volume is many billions.

You're trying to imply that Tether's daily trade volume is how many new Tethers enter the market.
But 99% of trade volume is people legit buying and selling Tethers.

>> No.25837476

>>25835981
GL depositing/withdrawing significant cash without clear explanation of how you obtained it and not getting reported by the bank to FIU.

>> No.25837503
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25837503

>>25832948
OMG POMPEO SAID "CHINA BAD"
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.25837533

>>25837287
>>25837405
>Tether only prints a few dozen or hundred USDT
*a few dozen or hundred million, of course.

>> No.25837590

>>25837503
>>25837360
OMG I CAN'T IMAGINE RICH PEOPLE CONTROLLING THE MARKET BY REGULATTTTIONNSSS OHHHHAAAAHHHHHOHHHAAAAHHH

>> No.25837591
File: 38 KB, 401x592, not going to pretend.png [View same] [iqdb] [saucenao] [google]
25837591

>>25832948
>bitcoin isn't a security
>it isn't owned by the chinese
>biden will undo all of trump's executive orders in 2 weeks
>us government can't block it even if they want to
Oh wow another fud nothingburger. Never selling

>> No.25837628

>>25836817
>>25836905
Ok I found it. Btw the OCC is 10 years behind on their website but it’s a good 10 years. Very impressed with their site. The SEC has a better site but it’s more public access than the OCC. this site is basically their blog but here
https://www2.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-2.html

>> No.25837707

>>25837405
i dont understand why is hard for you to understand that $100 million usdt will move bitcoin's marketcap by billions

since this is the case, the 24b of usdt printed would devastate bitcoin if tether turns out to be a scam

>> No.25837746

>>25837707
>$100 million usdt will move a daily volume of many dozens of billions
Not really lmao

>> No.25837832

>>25837746
daily volume is meaningless when exchanges inflate their volume artificially

like marketcap, daily volume on coinmarketcap is another myth

>> No.25837874

Yeah nobody is going to buy those pieces of shit unless it’s a law to into crypto with THEIR stable coin. If true, get rekt ripple schzios. One standard stablecoin would be a disaster for that country’s economy. If that ever became a thing, it could spiral out of control because it’s essentially the “what if corporations had their own currency” type thing. Current fiat works enough and the horizon is quite dangerous. Probably also a cause for why development is crypto is so ubiquitous because the potentials for fuckery is high. 2017 will hopefully be the last time something of that scale can happen. I’m cool with the volatility but a direct short by CME while ico scams were stealing billions. Ns

>> No.25837889

>>25834645
Not about market cap, trading supply is what matters. Most is on storage. Tether makes up a massive proportion of trading volume

>> No.25837962

>>25837832
>daily volume is meaningless
Then Tether volume is as well.
So if you shrink the volumes down to their real volumes, the proportions would remain the same.

>> No.25838112

>>25835092
Based Brazil

>> No.25838130

>>25837962
sure, both tether and bitcoin's daily volumes are meaningless

>> No.25838150

What's the best exchange site? Now that there's a dip in process I wanna move some money into this.

>> No.25838298

>>25838150
Are you serious? You had 3 years

>> No.25838355

>>25838298
I've been poor until recently.

>> No.25838404
File: 40 KB, 720x617, 1609227702396.jpg [View same] [iqdb] [saucenao] [google]
25838404

>>25832948
Americans are the dumbest group of people on any board. Convince me otherwise, if you can.