/biz/ - Business & Finance

[Anonymous No.6990825]

Daily reminder tether is a scam.

[Anonymous No.6991024]

>>6990825
It's not a scammer. And you're just another normie

[Anonymous No.6991257]

>>6991024
Tether is a person for you?

[Anonymous No.6991312]

>>6990825
>doesn't understand QE
No wonder /pol/ is so jealous of Jewish bankers, they're literally on another level, intellectually and economically

[Anonymous No.6991328]

there never would have been the fuckig need for tether
you can all thank blockstream for completely makingbitcoin useless
just to get their (((lighning network)))
fucking faggot sell everything and fuck off this board

[Anonymous No.6991531]

>>6991312
delet that

[Anonymous No.6991567]

none of you tether FUDers can explain, step by step, how "printing tether" can somehow artificially boost BTC price.

[Anonymous No.6991600]

>>6991567
you can't explain where tether actually gets its money or how it 'prints' it or who actually gives them the authority to do so

[Anonymous No.6991627]

>>6991600
checked

[Anonymous No.6991740]

>>6991567

It's surmised that the initial jump to 20k was partly inspired by tether (that is, the printing and injection was coordinated by tether) as well as softened the blow of the sellout that followed on what we now call RED DAY. Then people got all worked up about it and now there is a twitter account that automatically posts every time they print. It's kind of bullshit because it essentially acts as a governing body and anchors btc prices. People think USDT = USD just because they're trading it on bittrex but it's a scamcoin. Think about it this way: Tether is no different to Ripple because ripple already has an infinite supply to draw from. Big whales and devs control the entire supply of ripple - just because it can be useful, doesn't mean it's a good coin. These days the community hype just works for it. Tether no longer spends the coins it prints - they simply print it there and leave it on the network to let people create hype. People automatically assume btc prices will be pumped by it and buy in. They only had to do it once to prove they could. Now they just let people do it for them and sit on it til people forget. Look for big players to pump BTC price with it at some point before a MASSIVE dump.

[Anonymous No.6991796]

>>6991600

Then it hit me. Like a diamond bullet to the forhead.

[Anonymous No.6991820]

>>6991567
1. Print shitton of tether
2. Buy shitton of bitcoin with tether at evidently bigger volumes than what's being sold directly from the bitfinex tether wallet
3. Bitcoin in green now.

Nobody is buying that tether.

[Anonymous No.6991857]

>>6991567
no, but you can see the side effects of a 25mil, 50mil, 100mil, 300mil print on those days. Bitcoin rally follows immediately after.

[Anonymous No.6991884]

>>6991740
Thats a very distinct possibility...
I think some Chins/Japs/Jew whales are gonna short a very large amount thru options and when tether prints and blows out their shorts, those whales are gonna be pissed and ring their high-up brother-in-law at some gov't regulatory agency and once an investigation is announced, it'll collapse. Probably in the Spring. Only a matter of time.

[Anonymous No.6991940]

>>6991820
if nobody is buying that tether, then how is it being used to buy BTC? are you accusing bitfinex of printing unbacked tether for themselves and buying BTC with it?

[Anonymous No.6992023]

>>6991940
>are you accusing bitfinex of printing unbacked tether for themselves and buying BTC with it?
lol are you fucking slow

[Anonymous No.6992034]

>>6991940
Wash trading crypto with an unlimited asset that everyone still values?
Sounds like much fun.

[Anonymous No.6992037]

>>6991820
If somone pays with tether, someone is getting paid with tether

I guess binance guys are just retards who sell their btc for fake money

[Anonymous No.6992045]

>>6991567
So you are one of those guys that think institutionals sent 2 billion USD in total to Tether co., which has never been audited, to be stored at undisclosed asian banks?

To buy Bitcoin?

LMAO

I hope this scam crashes Bitcoin so hard it will make me buy again just for pleasure.

[Anonymous No.6992072]

>>6992037
this. there is nothing "artificial" about this. it's just BTC growing with demand.

[Anonymous No.6992080]

>>6991940

>This is the state of your avg crypto hodler

[Anonymous No.6992091]

>>6991600
Tether time bomb confirmed

[Anonymous No.6992097]

>>6992037
Binance can sell their BTC using different accounts in different countries.

You are deluded

[Anonymous No.6992133]

>>6992045
>>6992080
so basically it's an unproven conspiracy theory about bitfinex. ooook. let me know when you get a shred of evidence.

[Anonymous No.6992148]

>>6992037
fake tether is welcome because most exchanges have absolutely no liquidity to cover their crypto assets in case of a run.

[Anonymous No.6992181]

The Tether FUD is useful to keep low IQ retards from buying BTC so they can buy scams like bcash and stay poor. So I say keep it going cucks ;)

[Anonymous No.6992184]

>>6990825
Pls, one of you normies PLS explain to me how printing tether out of thin air and buying bitcoin with it is different from printing dollars out of thin air and buying bitcoin with it.

Print 300mil Tether in december and everyone loses their minds, print 560mil Dollar each day and no one bats an eye.
https://www.treasury.gov/resource-center/faqs/Currency/Pages/edu_faq_currency_production.aspx

[Anonymous No.6992221]

>>6992133
>an unproven conspiracy theory
it's a simple audit. proving that for each tether they've emitted there's a dollar on a bank account should prove trivial. bitfinex:

has not gotten an audit in more than 6 months
lied twice about getting an audit
shares the same exec board with tether inc

i mean, it's really easy to see the writing on the board. it's in glowing neon at this point.

[Anonymous No.6992234]

>>6992097
>>6992148
I don't know if tether is fully backed, but real people do buy it with btc

Binance could create their own tether easily and make millions if they were in on the scam, i just suppose they have good reasons to use bitfinexs solution and some of the arguments in this thread are no better

[Anonymous No.6992305]

>>6992221
>for each tether they've emitted there's a dollar on a bank account
How new and naive are you? No one has this money, everyone just has tiny fraction: https://www.investopedia.com/terms/f/fractionalreservebanking.asp

You have a 10% reserve requirement, thats it. You're uninformed and deluded

[Anonymous No.6992308]

>>6990825
Daily reminder I throat fucked your mom so hard I could grab my dick when I fistfucked her ass.

[Anonymous No.6992320]

2 billion tether in circulation. BTC has a market cap of 200 billion. Wouldn't pump it that hard.

[Anonymous No.6992328]

>>6992305
you don't understand how any of this works.

[Anonymous No.6992329]

>>6990825
It just seems like a bunch of guys who want to LARP like they're in the big short.

Most of the tether printed is paid for by exchanges and used in arbitage.

[Anonymous No.6992347]

>>6992184
Usd dollar doesn't claim to be backed by anyting, you accept it can devaluate

Tether is supposed to be backed by usd

[Anonymous No.6992363]

>>6992328
enlighten me,pls

[Anonymous No.6992370]

>>6990825
I admit that this is quite worrying but ther's one thing i just don't get

WHO THE FUCK SELL BTC FOR TETHER ?
especially when so many exchange allow you to go back to USDT

[Anonymous No.6992381]

If anyone wants to dump their tether bags I will buy all USDT for 50cents each.

[Anonymous No.6992382]

>>6992329
Don't try to use logic. This is a Tether FUD thread. Let's keep it that way

[Anonymous No.6992415]

>>6991567
>Too high of supply lowers price
>Create demand with monopoly money
>Raises prices

[Anonymous No.6992431]

>>6992363
on fractional reserve banking, banks issue the money they have in deposits through loans, meaning that they expect that money to return to their reserves at some point. they don't fucking """create""" money. holy shit.

the absolute fucking state of biz. I swear to god.

[Anonymous No.6992434]

>>6992347
>Tether is supposed to be backed by usd
Which is backed by nothing.

(This actually isn't true. USD is backed by oil.)

[Anonymous No.6992473]

>>6992431
>loan out money you don't actually have
>expect it to be repaid plus interest
>do this ten times over for the amount of money you actually have
>money is not being created

[Anonymous No.6992475]

>>6991940
>underage b&
i will take your money

[Anonymous No.6992491]

>>6992473
>>loan out money you don't actually have
and i thought tether was the real conspiracy theory here.

[Anonymous No.6992507]

>>6992491
If you loan out the same money 10 times simultaneously you are loaning money you don't have.

[Anonymous No.6992512]

>>6992184
90% of that is replacement money because dollar bills wear out from being used to snort coke and being shoved in to thongs.
Does 90 million of tether need replacement whenever bitcoin falls?

[Anonymous No.6992534]

>>6992507
>If you loan out the same money 10 times simultaneously
that's one hell of a conspiracy.

[Anonymous No.6992550]

>>6992491
>>6992534
Do you understand what fractional reserve banking is

[Anonymous No.6992551]

>>6992534
That's literally how it legally works, you retarded goy.

[Anonymous No.6992555]

>>6992184
are you fucking retarded? first of all, the majority of bills printed are for replacing old damaged ones. second, yes US monetary policy is crooked as hell, but it's not like the gvt is just giving banks handouts when they increase money supply. they buy treasury bonds on the market.

The concerns about tether are 1) that bitfinex might just be buying btc with made up money, and 2) in the event of a run on the markets, there could be insolvency if tethers don't have backing with fiat, leading to a much larger crash

[Anonymous No.6992563]

>>6992434
>USD is backed by oil
really it's the military might behind the oil, but yeah, basically this.

[Anonymous No.6992592]

>>6992370
USDT is tether you tard

[Anonymous No.6992596]

>>6992534
Here, one minute of your time:
https://www.youtube.com/watch?v=-09ap6zIB6I

>>6992431
jeez you don't know anything

[Anonymous No.6992606]

>>6992563
Hold up.
Are you saying USD is backed by the blood of Muslim Children?

[Anonymous No.6992661]

>>6992596
Looks like it's babbies first Jewry lesson for this chump. And thanks for the short video storing that for future tards like this guy.

[Anonymous No.6992664]

>>6992434
USD is backed by the most powerful army in history

just ask kadafi / hassad / hussain what happen when you don't want to use USD anymore

the US is basically bullying the world into using their worthless paper so they can literally print money

[Anonymous No.6992669]

>>6992550
>>6992551
where does it mention they loan out the same money 10 times, jesus christ

[Anonymous No.6992703]

>>6992555
>1) that bitfinex might just be buying btc with made up money
every money is made up, idiot

>2) in the event of a run on the markets, there could be insolvency if tethers don't have backing with fiat, leading to a much larger crash
Thats correct but it's always been like that since decades with banks and fiat money tethers are just a fart in the wind in the financial market

[Anonymous No.6992730]

>>6992669
>have $1 in deposits
>loan out $10

[Anonymous No.6992747]

>>6992730
where is that mentioned, you absolute fucking imbecile.

[Anonymous No.6992765]

>>6992669
Nigger this is the most basic knowledge about how money works. It's not our fault you are underage/a brainlet. Where did you think it comes from, the US Mint? lmao

[Anonymous No.6992771]

>>6992669
You are so fucking new it is sad.

https://en.m.wikipedia.org/wiki/Fractional-reserve_banking

[Anonymous No.6992800]

>>6992765
it should be easy as pie to disprove though, so far i have found no resource where they loan the same 10 bucks to 10 different people.

[Anonymous No.6992816]

>>6992747
Hey, teenage kid who made ten bucks on BTC. Go read the fucking articles you stupid nigger jew.
>>6992771

[Anonymous No.6992867]

Conspiracy freaks are literally worse than redditors.

[Anonymous No.6992874]

>>6992747
you're in for a surprise. We get jewd so hart you can't imagine it. It's why bitcoin was made and it's why we should fight together against this system (instead we fight about whats the next 10x coin)

[Anonymous No.6992892]

>>6992747
>Most banks are required to keep 10% of the deposit, referred to as reserves.
someone deposits $10, you give $9 to other people, you promise the person who deposited $10 their $10 whenever they want it, you keep a good withdrawal fund that everyone has access to. as long as you don't have a bank run, your bank will operate smoothly and you'll make lots of money.

>>6992305
i came in late but you're retarded, the point of tether is to have a 100% reserve.

[Anonymous No.6992895]

>>6992816
Hey, you absolute cretin. That's exactly my post, liquidity is added since the money credited to you is being given to a third party through a loan.

But where does it state that it is given 10 times over, you absolute inbred cretin?

>>6992874
But I thought tether was the real conspiracy?

[Anonymous No.6992939]

Salty that their lost their monopoly on printing money

[Anonymous No.6992946]

>>6992892
>someone deposits $10, you give $9 to other people
He is literally saying, you deposit $10, the bank lends $100, is nobody paying attention here?

[Anonymous No.6992963]

>>6992895
>But where does it state that it is given 10 times over, you absolute inbred cretin?

ITS HERE IN THIS VIDEO ITS ONE MINUTE LONG, WATCH IT
https://www.youtube.com/watch?v=-09ap6zIB6I

[Anonymous No.6992984]

>>6992963
It's extremely amusing that you don't understand the clip art animated video.

[Anonymous No.6993018]

>>6992431
fucking retard brainlet, go back to plebbit

[Anonymous No.6993022]

>>6992895
>if it doesn't say ten times over then it's not true
Please explain how the portion I highlighted that explicitly states that the bank has allowed the money to grow beyond the amount issued by the central authority is not effectively creating false value?

I'm sorry that you are illiterate but the highlighted portion explicitly states that the banks are lending out more than they have in reserve. It may not be ten times but it is more and thus false wealth is created.

You are genuinely mentally challenged. Do you see how not a single person has agreed with you in the thread?

>>6992984
Address the highlighted statement and stop going MUH TEN Times because one person in this thread said that you intellectually dishonest brainlet.

[Anonymous No.6993030]

>>6991884
If they are big enough whales to actually have an effect on anything, they’ll probably be in the short-squeezing side, not in the short-squezee.

[Anonymous No.6993054]

>>6992946
banks do create money out of thin air you fucking idiot, fractional reserve requirements barely even exist anymore

[Anonymous No.6993105]

>>6993022
What we are addressing here is the obvious implication that the banks are issuing more money in loans than what they could possibly have in reserve to make an adequate comparison to tether. Stop going on fucking tangents and admit already that you just barely researched all this up and it's an incompetent comparison by an incompetent buffoon and be done with it. Christ, go hug your mom and stop being mad online.

[Anonymous No.6993162]

>>6993105
>ignore that I said banks don't create money through fractional reserve banking
>I always knew that

Jesus fucking christ you are giving me a great laugh this morning anon thank you

[Anonymous No.6993190]

>>6993162
You know what, have a good one, idiot. Tether is a scam and you all will be whipped.

[Anonymous No.6993274]

>>6993022
I said the ten times thing here. >>6992507
And it's actually way worse than that. Some banks end up leveraged 20 times and up.

[Anonymous No.6993276]

>>6993105
no one agrees with you, just leave already. You're too stupid to understand what people are saying anyway. There is always this one faggot who needs 50 sentences to understand the slightest fart because their brain is not capable of filling in missing information.

[Anonymous No.6993300]

>>6993190
I never said it wasn't nigger, I said that FRB creates money. You were the one trying to say it did not and somehow relating this back to tether. Enjoy your own spaghetti logic, my only comments were about FRB. kys

[Anonymous No.6993329]

>>6993274
>>6993276
>>6993300
You can't even follow conversations correctly, mental midgets.

I'd weep for my own crippling ADHD if I were you.

[Anonymous No.6993363]

>>6993329
Real talk, how old are you? Have you heard of Lehman Brothers?

[Anonymous No.6993380]

>>6993329
you fucking retard, tether is a scam just like the dollar is, the only difference is that we are forced to use the dollar at gunpoint so naturally the demand doesnt drop like a rock when the scam is unmasked

what the fuck do you think it is all these ron paul end the fed types have been screaming about all these years? you fucking redditor bugman

[Anonymous No.6993400]

>>6993380

Except the fed is 1000x more transparent than tether

[Anonymous No.6993442]

>>6993400
You fucking retard, there hasn't been a full audit of the fed since it was created in 1913

[Anonymous No.6993462]

>>6992431
fuck off and die

[Anonymous No.6993489]

>>6993380
>dollars is no reals
>only buttcoin reals
why are cryptobrainlets so dumb

[Anonymous No.6993519]

>>6992664
never forget
>Hitler created a currency backed by hours worked and goods produced; a viable alternative to the Rothschild debt based monetary system
also
>questioning the legitimacy of an historical event can get you thrown in prison in over 40 countries
>the matrix has you, Neo

[Anonymous No.6993546]

>>6993489
REEEEEEEEEEEEEEEEEEEEEEE

GO BACK TO PLEBBIT YOU FUCKING NORMIE NIGGER

[Anonymous No.6993554]

>>6990825
>muh reserves!
>I-it's new money coming in guys! That's why they're printing more tethers because people are buying them! heh...

[Anonymous No.6993577]

>>6993442

Except there is. You can go on their website on fed meeting minutes, positions held and even timing on the QE. The fed chair is appointed by the president. Like central banks may not be perfect but it’s far better than tether

[Anonymous No.6993591]

>>6993380
>the state of /biz/
just so you know, if you see someone complaining about "fractional reserve" and "evil jewish banks" they aren't /biz/tards, they are /pol/tards that believe in stupid conspiracies about how evil jew banks invent money out of no where to steal the value out of hard working white men. These people are basically poor rednecks that see rich black rappers on tv and get jealous and think life is unfair

>>6993546
>its da j000z! xDD

[Anonymous No.6993609]

>>6993519
abraham lincoln did the same when the bankers wanted to charge him 40% interest for war loans, it was called the greenback

[Anonymous No.6993635]

>>6993591
Kill yourself.

[Anonymous No.6993642]

>>6993609
Lincoln, McKinley, Garfield and Kennedy were all killed by (((them))).

[Anonymous No.6993653]

>>6993591
Alright, Schlomo. That's enough posting for today.

[Anonymous No.6993654]

>>6993635
>hehe guiss im not poor bcs I am dumb, its bcss da ebil j00z control da banks and don let me get rich!!

[Anonymous No.6993686]

>>6993591
>muh /p.o.l./
You do realize you are the same type of individual when you comment like this, right?

[Anonymous No.6993689]

>>6993654
Kill yourself.

[Anonymous No.6993709]

>>6993591
>what's the federal reserve?

[Anonymous No.6993713]

>>6991600
If USA doesn't need authority to print why does tether?

[Anonymous No.6993715]

>>6993591
Explain how Fractional Reserve Banking is not detrimental when it creates wealth from nowhere. See screenshot here
>>6992771

[Anonymous No.6993726]

>>6991740
That's plain retarded. During the jump to $20k the market cap was over $800 billion.
If you think that $1 billion Tether could affect 800 billion market cap, you're retarded.

[Anonymous No.6993744]

>>6992664
>USD is backed by the most powerful army in history
I don't remember it being backed by Russia.

[Anonymous No.6993762]

>>6993726

No you're retarded if you don't even know how an orderbook works

[Anonymous No.6993774]

>>6993715
yeah you are right. The central bank of Russia is very against the practices of printing money and fractional reserve. So, why don't you convert all your worthless jewish dollars into the more superior Russian Rubles then? :^)

[Anonymous No.6993789]

>>6993577
The federal reserve is independent. There was never an audit. They are bailing out banks and coorporations. Fuck you.

[Anonymous No.6993791]

The second this tether shit is compromised I short BTC max leverage

[Anonymous No.6993844]

>>6993774
Straw man, try an actual argument faggot

[Anonymous No.6993848]

>>6992563
>USD is backed by military might
Does that mean you can go to the fed and redeem your dollars for military might? No it doesn't. Learn what 'fiat' fucking means

[Anonymous No.6993853]

>>6993591
>doesn't know what fractional reserve banking is
>doesn't know that all Fed chairmen and 60% of the Federal Reserve Board in the past 40 years were Jews

https://en.wikipedia.org/wiki/Fractional-reserve_banking
https://en.wikipedia.org/wiki/Federal_Reserve_Board_of_Governors

If I were you, I'd go to a doctor and get attested, because you are missing out on these retard neetbux

[Anonymous No.6993854]

The only situation where Tether crashes the market is if everyone tries to cash out their Tether for USD, and then discover that it's not possible, meaning that Tether not being backed by USD is proven to be true.

But the only situation where that happens is when everyone would rather cash Tether to USD instead of re-investing back into the market, which would mean that the market is fucked already.

If Tether isn't backed by USD, that will be proven after the market has already imploded - not before. It won't cause a crash. It will be the result of one.

Until then, it doesn't matter. Why? Because there's already so much FUD and so much paranoia about Tether, and guess what? No one really gives a fuck. The market continues to chug along and Tether continues to be used with billions of volume daily.

It'll need conclusive proof for the tide to turn, and the only proof would be if everyone tries to cash out of Tether in USD and realise they can't. And that only happens when the market is beyond fucked already, so it won't make much difference.

[Anonymous No.6993871]

>>6993844
how is it a strawman? you said dollars are bad because fractional reserve banking and printing, so shouldn't it make sense that a country like Russia that doesn't do those things to have a better currency?

[Anonymous No.6993906]

>>6993654
Kek'd

[Anonymous No.6993907]

>>6993853
>he thinks sending me a wikipedia article is somehow proof that he knows what fractional reserver is

if you know why don't you just explain it, and also explain why its bad?

[Anonymous No.6993910]

>>6993726
You only need approximately 20-30 million to make BTC gain 5-10% if you know how to pump a coin.

If you don't know that finex is responsible for the whole market expansion you are a normie.

Also 800B marketcap does not mean there is actually 800B USD.

[Anonymous No.6993924]

>>6990825
Tether is a scam in that they don't have enough USD to back their USDT up, but that's not to say that the money flowing from Tether into Bitcoin wouldn't exist without Tether. That's ridiculous.

[Anonymous No.6993948]

>>6993871
No, monetary policy and its effects on the currency should not be confused with global economic policies and the real world issues that have to be taken I to consideration. You are purposefully moving the goal posts and mudding the waters to make this more confusing.

Pic related purchasing power decreasing as fractional reserve banking and other money inflation practices are put into place. What the fuck does the Ruble have to do with this you fucking child?

[Anonymous No.6993953]

>>6990825

Realistically speaking, are there any better alternatives to USDT? Any type of decentralized USD token? What other options do crypto users have realistically speaking?

[Anonymous No.6993977]

>>6993948
so what exactly does your meme chart prove? that people in 1913 were 20 times richer than people in 2013?

[Anonymous No.6994009]

>>6993907
To give out $1 million in loans, I must only have $100k in the bank. The rest I'm pulling out of the pockets of the people who deposited money into the bank (bought bonds), and by adding interest rates I can make money out of thin air, eventually turning my real $100k into $10 million non-existent money.

If someone tried to cash out a large amount of bonds, everyone would realize there is no money in the bank and the whole system would collapse.

[Anonymous No.6994027]

>>6993871
Russia has a fractional reserve system as well, you utter fucking brainlet. Just go back.

[Anonymous No.6994049]

>>6993977
Stop embarrassing yourself please. Everyone in this thread already realized that you're an uneducated lower class tard.

[Anonymous No.6994057]

>>6993854
this entirely

[Anonymous No.6994075]

>>6993924

Why do you claim that as if it's fact?

$1.6b is not a lot of money in the grand scheme of things. Exchanges are making tens of millions of dollars worth of crypto in transaction and withdrawal fees every day.

And do people really expect the big guys at the top of the table to let the entire crypto market crash, wiping away hundreds of billions in value, over even a few billion dollars worth of tether?

Crypto is too big and too profitable to fall. There are many parties that will go to great lengths to make sure Tether isn't the cause.

[Anonymous No.6994084]

>>6993977
It says it in my post but you are too stupid to understand it apparently. I will reiterate for (You).

The purchasing power of the dollar has been destroyed by poor monetary policy of which fractional reserve banking is a part and not a small one at that. How did you derive anything about the wealth of the populace from that image you absolute fucking moron? Jesus christ.

[Anonymous No.6994163]

>>6994009
yes because over 90% of currency is electronic, nobody can cash out the same time. You retard don't realize that when you say "cash out" you are basically selling a financial instrument, and when you sell a financial instrument you drop its price. Its the same way how if everyone tried to cashout their bitcoin the btc price would crash. If you think fiat are scam then literally every single financial instrument in existence is a scam because they all work the same way
>>6994049
>doesn't know what inflation is
>thinks anyone other than him is embarassed
ok kiddo
>>6994084
your shitty chart is worthless and not based on any real data. how can a dollar worth 5 dollar cent you fucking moron? do you realize how retarded that chart is and how dumb you must be to actually think its real? oh wait, the fucking guy from TRX posted that too so it makes sense you retarded monkey is posting it now

[Anonymous No.6994247]

>>6994163
>doesn't understand what purchasing power means

Alright, we are done here.

[Anonymous No.6994260]

That Bitfinexed faggot discredits himself every day with a new conspiracy.

If he just stuck to wash trading and tether he would be fine, but then he goes and makes more and more outlandish claims that aren't true.

>all btc price in 2017 manipulated by "spoofy"
>charlie lee is a pump & dump scam artist, (3) >poloniex deals directly in USD

https://twitter.com/Bitfinexed/status/952985389962285056

https://twitter.com/Bitfinexed/status/955185109019316224

https://twitter.com/spiralcal/status/956931274194726912

Seems more likely he's an extremely butthurt goon and you're all brainlets for listening to goons about BTC.

[Anonymous No.6994305]

>>6994247
>doesn't understand that purchasing power only acccounts for inflation
>doesn't understand that his retarded chart doesn't account for the increase in wealth and incomes
>doesn't realize he has zero economic knowledge of any kind and he derives his facts from meme photos posted by PND scamcoin artists and conspiracy tards

pls go read some economics 101 before embarassing yourself online

[Anonymous No.6994341]

>>6994305
Show the increase in wealth statistics, so far you can only post memes and then cry about other people posting actual data.

[Anonymous No.6994345]

>fukk da system man, thos fukkin racyyist jews control da bank system man, dey be puttin da whyte man down man, dey fukkin print da dollar n den it wort less, fukkin skammers man i put ma labour into dollar n dey skam me man fukkin jew banker is so racyiss man

[Anonymous No.6994362]

>>6994075
I don't expect it to crash at all. In fact, I agree with >>6993854 (Oh hey, it's actually you) 100%.

[Anonymous No.6994375]

>>6994341
why didn't you post the wealth and income chart along your stupid chart? your chart alone is worthless, so your whole argument is worthless. Come back when you post all relevant charts that would prove your point, I am not required to prove your own retarded point if you aren't even bothered to prove it yourself

[Anonymous No.6994395]

>>6994345
pic is (((You)))

[Anonymous No.6994397]

>>6990825
It's going to be rough when it finally collapses

[Anonymous No.6994451]

>>6994375
>your evidence isn't enough for me because of reasons I won't explain by showing you data
>but I totally have that data now why didn't you post it

Lmao
>>6994395
Unironically this

>THE WEALTH WENT UP GOY BUT YOU CAN'T SHOW IT BUT IT DID

[Anonymous No.6994457]

Why would Bittrex and Poloniex both go thru painstaking compliance with US regulations only to risk it all on USDT?

[Anonymous No.6994553]

>>6994451
Thanks for proving how economically ignorant you are. Inflation is basically a tax on the dumb, like you. If you can't make profits that are larger than the inflation rate then you are basically dumb. Its a safe way to ensure that dumb people like you stay forever poor, so it makes sense that you are so buttblasted about it lmao