brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

[Anonymous No.28598499]

brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

[Anonymous No.28598682]

is tether connected to the real usd?

[Anonymous No.28598705]

>>28598682
not a single one

[Anonymous No.28598862]

>>28598682
no lol

[Anonymous No.28598868]

>>28598682

The whole pitch to begin with was that each tether was backed by a US dollar, and people had in their head that this meant the tether folk literally had mountains of cash on hand.

The reality is that they have very little cash on hand, most of the 'backing' is abstract and not in cash. If there was a run on tether people would soon realise that the whole thing is illusory.

[Anonymous No.28598903]

>>28598682
USDT is still more honest than the FED.

[Anonymous No.28598945]

>>28598499
kill yourself redditor, priced out

[Anonymous No.28598967]

>>28598682
>real
you're never going to make it, are you?

[Anonymous No.28598990]

>>28598868
>The reality is that they have very little cash on hand, most of the 'backing' is abstract and not in cash. If there was a run on tether people would soon realise that the whole thing is illusory.
Just like banks.

[Anonymous No.28599009]

People have been talking about the Tether bomb for years, as I have learnt from /Pol/

Nothing ever happens

[Anonymous No.28599043]

>>28598990

Well yeah sure, but the whole pitch of crypto over the past decade has been "hur-dur we're not gonna be like the banks".

[Anonymous No.28599070]

>>28598682
the real usd is connected to literally nothing so why cant tether justs fucking print a trillion dollar

[Anonymous No.28599086]

>it’s real
Are you fucking kidding me

[Anonymous No.28599205]

>>28598499
Tether save the day again
brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

[Anonymous No.28599315]

haha saved my long get fucked bobos

[Anonymous No.28599610]

>>28598499
That’s the only way to do it.

Buy her dip.

[Anonymous No.28599798]

>>28599009
we are now printing 1 billion each fucking day anon, and they are under investigation
in 2 days the second court visit

[Anonymous No.28600472]

>>28599798
Let's play devil's advocate, you have Tether, it gets wrecked, where do you put your money? What's the escape hatch coin? BTC? If so, BTC it's going to pump!!!

[Anonymous No.28600650]

>>28598499
It's like they are expecting a crash and a few billion is not enough?

[Anonymous No.28600798]

>>28599070
Tether doesn't have cruise missiles and JDAMs

[Anonymous No.28601476]

>>28598499
this has to stop

[Anonymous No.28601510]

>>28598499
Bullish for DIA

[Anonymous No.28601641]

>>28600472
my plan is a basket of other stablecoins
USDC, DAI, TUSD

[Anonymous No.28601794]

>it's actually real

[Anonymous No.28602108]

>>28600472
I think the invalidation of $32 Bn would destroy the entire industry's market cap. An easy -50%. That's why it'll probably never happen.

[Anonymous No.28602142]

>>28598499
Oh boy, the tether FUD is back.

Looks like we're going to $60k next week

[Anonymous No.28602168]

>>28600472
just put cash in another stable coin anon, if shit gets real people are gonna start mass dumping btc

[Anonymous No.28602273]

>>28599070
They can
In fact that's what they're doing
Check how many billions have been minted by Tether just this month
They're preparing to print even more to dump and pull the rug
Anyone still using tether is retarded

[Anonymous No.28602329]

>>28598499
It's ok the TETHER TREASURY is backed by BITCOIN!

The more bitcoin goes up the more Tether we can print due to increased bitcoin price!

[Anonymous No.28602334]

>>28598499
based
>>28598682
in absolutely no way, shape, or form

[Anonymous No.28602398]

>>28602329
it's exactly this

[Anonymous No.28602404]

>tether is backed by usd
>here's one tether, can I have one usd please
>no

???

[Anonymous No.28602438]

>>28600472
just think about it
>be normalfag who bought btc on coinbase/paypal/robinhood
>news breaks about tether bitcoin price manipulation
>panic cash out

[Anonymous No.28602500]

so they printed 1 billion tether? meanwhile last year FED printed about 10000 billion dollars, what's the big deal?

[Anonymous No.28602522]

>>28602142
This but unironically, i think i did very well on shitcoins this last month, fuck it, 100% btc

[Anonymous No.28602622]

>>28602404
Yes, it works just like that. Go to any exchange and change 1 Tether to 1 USD

[Anonymous No.28602763]

>>28602438
I'll just buy the dip again

[black star !x8ngkAZjXE No.28602848]

>>28600472
USDC

:P

[Anonymous No.28602976]

>>28598499
What happens when tether is printed?

[Anonymous No.28603174]

If it grows because someone gave them a billion actual dollars its fine. If not everything is fucked.

[Anonymous No.28603229]

>>28598990

except banks don't issue their own currency lol

[Anonymous No.28603530]

>>28603229
>what is federal reserve and who controls it

[Anonymous No.28603760]

>>28603530
uhm.. some of us rn't caut up yet, b..
pleas dont post these fuxxing spoilers..

[Anonymous No.28604636]

>>28602273
kek

[Anonymous No.28604835]

>>28598499
That's why they flooded the NY court with 2 million pages of "evidence".

[Anonymous No.28604888]

>>28598682
yeah it's backed by 30 billion totally real and genuine us dollars

[Anonymous No.28605098]

>>28600472
>What's the escape hatch coin?

[Anonymous No.28605131]

>>28603229
Kek banks print money out of thin air just like tether does what difference does it make what currency they use, it's all fake

[Anonymous No.28605143]

>load ze tether fud
Will you guys ever get bored

[Anonymous No.28605197]

>>28598499
what does tether printing usually mean?
pump or dump?

[Anonymous No.28605233]

>>28605197
it doesn't mean anything.
the tether fud is like a fucking turd that just won't flush.

[Anonymous No.28605409]

it’s for tron
paolo damage control

[Anonymous No.28605422]

>>28605197
pump cause people deposit US$ into exchanges

[Anonymous No.28605707]

>>28605422
dump cause people that can't cash out swap to tether to rebuy lower

[Anonymous No.28605803]

>>28598499

[Anonymous No.28605840]

Thanks, bought 100k more.

[Anonymous No.28605876]

>>28605422
Nah it doesn't mean anything. It could be used to pump or it couod be used as collateral to short. It literally means nothing

[Anonymous No.28606339]

>>28599798
2/16

Ooooooooooh, that is what all those faggots ate larping about. So what coins will be effected by a tether collapse?

[Anonymous No.28606678]

>>28606339
>Ooooooooooh, that is what all those faggots ate larping about. So what coins will be effected by a tether collapse?
All of them, the entire crypto market is violently manipulated by Tether printing pumping the price at key moments. Tether also makes ridiculous amounts of money off of this since they can instigate crashes and buy back low and then pump it again. Very similar to what Jews do with USD and have done with markets and countries for hundreds of years.

[Anonymous No.28607314]

>>28599798
So i spent a few minutes thinking about this. Apparently it's not a problem, because bitcoin has spiked, and tether is backed by bitcoin. So their is no chance of a tether collapse.

[Anonymous No.28607507]

>>28607314
And if bitcoin goes down... what then? Suppose they need to cover 1 bil tether back to usd, but the price of bitcoin means they only have 250mil worth if they can trade it straight for usd.

[Anonymous No.28607694]

>>28607507
If bitcoin crashes BEFORE there is a tether crash, then this Fud is moot. The whole point of the FUD is to scare people into selling their bitcoin.

[Anonymous No.28607767]

>>28598499
>pic related

[Anonymous No.28607815]

>>28604888
888 bullilian dollars to be exact