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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 3 KB, 225x225, tether.png [View same] [iqdb] [saucenao] [google]
25921306 No.25921306 [Reply] [Original]

>dumps to 0.73

>> No.25921458

*is backed by shredded paper of old mall receipts*

>> No.25921503
File: 66 KB, 1120x350, Screenshot from 2021-01-13 15-43-11.png [View same] [iqdb] [saucenao] [google]
25921503

oh shit

>> No.25921539
File: 3.28 MB, 1344x5096, finexscam.jpg [View same] [iqdb] [saucenao] [google]
25921539

>>25921306
Heey heeeey heeeeeeeeeeeyyy!

>> No.25921581
File: 198 KB, 1241x1231, EkuX661U0AAD3cF.jpg [View same] [iqdb] [saucenao] [google]
25921581

can someone explain to me the point of tether? I tried to read their website and all I could see is a faggoty onions web design with non-information all in over it. Although they used the word "pegging" a lot so I get why /biz/ is interested. I thought it might be a token to use to swing trade safely while avoiding the ((((IRS)))) but I'm not even sure if trading btc for usdt is non-((((taxable)))) either.

>> No.25921921

>>25921306
>>25921503
fake and gay

>> No.25922044

>>25921581
>can someone explain to me the point of tether?
no one will you retard
google "stablecoin" or something and see for yourself in you believe in the theter fud (a protip though: it’s not a fud)

>> No.25922071
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25922071

>> No.25922135

>a stable coin plummeting to .73 two days before its supposed to release information confirming it’s not a scam
Jesus fucking christ tether fud is real???

>> No.25922484

>>25921306
>>25921503
Complete FUD. “On 30 April 2019 Tether Limited’s lawyer claimed that each tether was backed by only $0.74 in cash and cash equivalents." In all seriousness, we're fucked. It's just a matter of when it happens

>> No.25922569

>>25921306
there is so much fud lately i wonder if some whales are paying armies of poors to fud because the market is too stronk

>> No.25922611

>>25921581
Read >>25921539

>> No.25922872

>>25921503
>.71
>.07%
change the percentage next time

>> No.25923162

>>25921306
i knew i had to buy btc fast