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/biz/ - Business & Finance

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52374954 No.52374954 [Reply] [Original]

.... on a Friday evening? USDT into DAI?
hmmmm....

>> No.52374980

>>52374954
THE GOYS ARE AT THE BARCADE!! QUICK!!

>> No.52374999

Fuckin sweet.

>> No.52375011

>>52374954

dai is partly backed by USDT so they are fucked

>> No.52375016

>>52375011
Explain

>> No.52375017
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52375017

>>52374954
>From: Null Address: 0x00...
come again?

>> No.52375020

>>52375011
I can't wait for this grenade to pop.

>> No.52375037

>>52375017
It's a "Burn" address, this is called an unburn.

>> No.52375065

>>52375037
No, It's called null minting and it's a new feature introduced by JP Morgan.

>> No.52375072
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52375072

They approved chainlink on 1inch and are ready to dump 3M

>> No.52375082

>>52375037
>It's a "Burn" address, this is called an unburn.
is this like minting? i thought burn addresses were only that, and that the contract couldn't get anything out that was sent in. perhaps i am midwit, continue explaining if you please...

>> No.52375083

>>52375072
Oh god please, lets fucking go!

>> No.52375130

>>52375082
You should have wrapped your ETH before the merge. But you didn't. And now you will pay the price for your ignorance.

>> No.52375196

>>52374954
Thank God I'm holding my usdt on fameex

>> No.52375206
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52375206

>> No.52375219

>>52375130
>You should have wrapped your ETH before the merge. But you didn't. And now you will pay the price for your ignorance.
i wrapped your mom around my cock last night

>> No.52375223
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52375223

>>52375011
Guess you could say they're at the end of their.... TETHER.

>> No.52375235

>>52375016
a massive amount of the collateral for dai is usdt (dont remember exactly how much but in the range of 40% i think). therefore if the usdt was ever devalued or frozen, dai would collapse.

>> No.52375250

Hmm is will they buy BTC ? I have some monero for sale 300$ @ tradeogre

>> No.52375266

>>52375235
Great, ty
>in USDT reserves we trust

>> No.52375271

>>52375250
>Monero
In the year of regulation
>just sell it for $1
ONE FUCKING DOLLAR
>if you're lucky

>> No.52375285
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52375285

>>52375235
>>52375266
Dilate

>> No.52375306

>>52375285
>USDC
Nice shoop, my friendo

>> No.52375315

>>52375011
>DAI fud
always makes me laff

>> No.52375327

>>52375285
I wonder who wrapped that BTC? Maybe they stuck a bomb in there.

>> No.52375328
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52375328

etherscan.io/tx/0xd4c5d7054a5c58370cec82b510ee9b0b6b631887bb97f17cec451d1dd948c352

They dumped $40M worth of stETH for ETH holy kek
are they being hacked or

>> No.52375340

>>52375315
Ignorance is bliss, until it's a waking nightmare.

>> No.52375354

>>52375306
https://daistats.com/#/

>> No.52375356

>>52375340
https://daistats.com/#/

show me the USDT retard

>> No.52375366

>>52374954
>3,589,637 LINK
Oh no no no

>> No.52375387
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52375387

>>52375285
oops i misremembered usdc as usdt and accidentally fudded. my bad

>> No.52375391
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52375391

>>52375366
unironically happening

>> No.52375411

it just keeps getting worse

>> No.52375454

>>52375356
>DAI holder
I'm just kidding faggot. I don't shit about your premine goldberg machine bullshit contraption. And I'll never have to. Because it's almost over for this retarded ass chapter in crypto history. Soon you metamask fellating faggots will all be skull fucked with red wicks.

>> No.52375508

>>52374954
THANKS FOR PLAYING

>> No.52375527

>>52375391
>unironically happening
just set some buy orders. hoping for $1.55/link, wish me luck lads.

>> No.52375616

>>52375011
if you're gonna pick a stable, it has to be 100% backed by US dollars and/or US treasuries.

>> No.52376119

>>52375527
im trying to get my links at $1.20 pls pull your orders

>> No.52376157

>>52374954
Maybe they can make back the customer funds with some good trades and we can all leave this behind

>> No.52376176

>>52375065
you mean vitalik

>> No.52376199

>>52374954
By monday our brother will be in jerusalem. Shine on you crazy diamond.

>> No.52377965

>>52375616
There are no stable coins are 100% backed.

>> No.52378230

>>52374954
Peace of mind comes when you're holding your USDT on fameex

>> No.52378249

>>52374980
Kek

>> No.52378267

>>52375011
wrong it’s backed by USDC and a mixture of other cryptos.

>> No.52378293

>>52376176
>As if there's a difference. Have fun rolling back your multibillion dollar crime scene, again.

>> No.52378356

>>52374954
god dammit I wish I saw this thread sooner I would have shorted link right there and then

>> No.52378377

>>52378230
>Peace of mind comes when you're holding your USDT
I hope you remember this when it all comes crashing down

>> No.52378416

it's over?

>> No.52379594

>>52376199
by monday my holoclear bags make me rich or I go back to selling fish like a fucking idiot for not pursuing my cooking career