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/biz/ - Business & Finance

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29649994 No.29649994 [Reply] [Original]

>buy bitcoin because it will always go up
>it will always go up because USD will always be printed and some of that money will flow into bitcoin
>usd is worthless paper and will just keep getting printed from thin air
>you should frontrun that money by buying bitcoin now
okay, I can understand this rationale
>100% of printed tether flows into crypto
>tether is even worse than paper because at least you can write on paper or roll cigarettes with it
>LMAO TETHER FUD KEK THEY SETTLED FOR 18M PRICED OUT STAY POOR FUDDER
what exactly makes these scenarios different?

>> No.29650273

>>29649994
It will always go up because it’s new
Except it’s not new anymore
What’s the next new think goys?

>> No.29650307

>>29649994
You know what would be fun?
Tether printing exactly 18M USDT today

>> No.29650321

>>29649994
people will find out eventually that it's just another useless shitcoin

>> No.29650340

>>29649994
Ehm tether is fully backed by USD 1:1 what do you mean printed? Look at YUAN-USDT pair and how much YUAN were exchanged in last days for USDT in China.

>> No.29650361

>>29650307
18m is nothing, even the poorest whale has more money on his own.

>> No.29650413
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29650413

>>29649994
The part that cryptocucks can never see is where the dollar literally gets dumped by Asia and goes to zero and the world goes back to precious metals and BTC is priced at a value of nothing in terms of gold.

>> No.29650460

>>29650361
They obviously don’t need it that’s why it would be fun