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56612612 No.56612612 [Reply] [Original]

Guys the tether is doing it again how can they keep minting magic internet money out of thin air and get away with it

>> No.56612630

>>56612612
Don't care as long as they keep printing

>> No.56612653

>>56612630
This. They have my consent.

>> No.56612688

>>56612612
like the fed?

>> No.56612744

it's a fact that at some point tether will depeg and billions will be lost
but that time is not now, or soon

>> No.56612773

>>56612744
billions must lost!

>> No.56612790

>>56612612
>again tether fud

>> No.56612818

>>56612612
By far and away the most popular and widely-adopted stablecoin since its inception all the way back in February 2015, in which time the marketcap of crypto has exploded from $4 billion to $3 trillion, with people constantly tethering up the entire time and yet people somehow find it hard to believe they could have amassed a measly $86 billion in USD reserves in that time?

>> No.56614573
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56614573

tether is draining USDC reserves

>> No.56614612
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56614612

>>56612818
if people are piling back into crypto, why are USDC reserves being drained? we're all screaming ETF like institutions are going to be piling back. Blackrock would give their money to coinbase who they have an actual partnership with.

doesn't it make sense that the only access to ACTUAL usd now for tether is to print tehter and swap it with USDC which can be cashed out through coinbase and whatnot?

>> No.56614631

>>56612612
Because they are jews. They are playing the exact same game they used to steal all the gold but this time to steal all the crypto.

>> No.56614654
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56614654

look at all this institutional money piling into crypto by choosing a Chinese, unaudited stablecoin which the US is about to ban instead of USDC.

>> No.56614660

>>56612630
fpbp

>> No.56614716

>>56614573
How the heck does that work?

>> No.56614740

how can i profit off the inevitable pain and suffering of others in this particular scenario?

>> No.56614861
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56614861

>>56614573
I looked up the Twitter of this guy, he's a complete beartard who's been doing this for months.

>> No.56614883

>>56612744
Nothing will be lost, they were printed out of thin air so no value was created.

>> No.56614887
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56614887

>>56614861
Absolutely buckbroken.

>> No.56614922
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56614922

>>56614861

>> No.56614926

>>56612744
LOAD ZE TETHER FUD AGAIN FOR ZE UMPTEENTH TIME

>> No.56615670

>>56612612
quarter mil in fees, no biggie

>> No.56615863

>>56612612
Priced in.

>> No.56615903
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56615903

>>56612612
>out of thin air
They've got the T-bills to back it up
Exchanges are the ones that enable this.

>> No.56615918
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56615918

>>56615903
oops wrong article, but it's still the same shit with all stablecoins that aren't complete dogshit

>> No.56615925

>>56614883
Somebody has to be losing for others to gain from this printing. Who is the one losing?

>> No.56616419

>>56614654
Its not because usdc is flowing back into crypto, are you some nutz?

>> No.56616517

>>56615925
The ones having paper gains right now

>> No.56616554

>>56612612
>FUD FUD FUDDDDDDDDDD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
>later
>HOW DID NOBODY SEE THIS COMING?!?!

>> No.56616557

>>56615918
Arent tbills majorly down this year? Like at least 22% down?

>> No.56616667
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56616667

>>56612612
>It's been seven years

I fucking give up. I can't beat them, might as well join them. They might as well be actual us treasury at this point. I'll just ignore the stablecoin fraud and stack gold on the side.

>> No.56616733

>>56612612
>print one billion tethers and pahmp eet

>> No.56617167

>>56612744
USDT is collateralized by literal US Treasury Bonds.
its one of the largest holders of them now
and every market forecaster thats high alpha is calling the US bond market entirely fraudulent
dyor but USDT will collapse 100% when the USD does (some time in the next few years)
2024 will kick off massive runaway inflation btw.
dyor im not wrong.

>> No.56617191

>>56612630
Based

>> No.56617220

>>56612612
they setting up the next bull run

>> No.56617247

>>56612630
Fpbp. Fed does 1000x worse

>> No.56617520

>>56616667
They are US treasury bills. Complete scam tokens but it's the biggest one still.
The reason it exists is because we're forced by gunpoint to accept their blood shit tokens.

First they took gold. In my country gold is now de facto considered speculation by tax authorities.

They're criminal scum. They want to control crypto but they won't get all our bottle caps right away. Keep stacking. Use their shit to outplay them because all you need to know is moves in the cycles, the FUD, and the wikipedia early life on the custodians you buy their scam shit tokens from.

They'll probably let coinbase or some other guy be the next cycle fall guy within the next ~5 years. On the positiive note for me it felt like their accumulation phase was more or less blown off too quickly because they'd wanted perhaps at least one year more of FTX shiphoning funds. Which blew their projectary.
Next bullrun will be even more massive. My feel is next summer already, but might be prolonged by 'market forces' to spring 2025 if I'm not mistaken.

>> No.56617651

Don't they have to do this to maintain the peg?

>> No.56617669

>>56616557
It's unrealized. The point of bonds is that you hold them to maturity.
If USDT dumped though and they had to buy it back then they'd be in trouble. Hopefully they're buying short term high yield bonds with the money they're getting from selling the new coins.

>> No.56617719
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56617719

>>56612612
>OP realizes that tether is corrupt and we need to keep the machine going strong so we can keep on making money
How did you think we can make more and more shitcoins op? HUSBANT wasn't made out of nothing, you thought this would go on forever?

>> No.56617958

>>56617719
shitcoins are the real way to make it

>> No.56617978

>>56617958
The road is made of money, not fucking failures lmao

>> No.56617983

>>56617978
WHERE THE MONEY COMES FROM THEN

>> No.56618019

>>56617719
everyone simps over the crying girl that even makes her a crypto

>> No.56618774

>>56612612
where is the missing $222.5k ? gas fees ?