/biz/ - Business & Finance

>>18622192

Only $2.5 billion so far this year? That's nothing.

The funniest part is that bobos think that this tether is being used each day and they are purchasing BTC with it all.

Lmao wait till they realise that this is being horded/built up and they haven't barely started buying with it to pump yet.

This happened after the Tax year ended din 2017, and 2019 too.

>>18622242
kek that would be amazing

>>18622242
it's actually being funneled to exchange constantly just check the addresses

>>18622264
It's also fact. The money you're seeing printed isn't being moved to exchanges or you would see another whale alert. It's just sitting in their vaults for upcoming demand. The pump will be unreal once that money starts flowing out

but muh double bottom, i was to scared to buy under 4k a few weeks ago

HE'S GOT HIGH HOPES
HE'S GOT HIGH HOPES
HE'S GOT HIGH APPLE PIE
IN THE SKY
HOPES

>>18622295
This. They are preparing for any demand coming over the next 2 years.

You know that those USDT can be used to short, too right?

>>18622285
Those are all multi sig wallets. It's like escrow not released until certain conditions are met

bullish for sure

>>18622295
absolutely false
whale alert is filled with small transfer from treasury to "unknown address" then this shit just end up on binance or huobi
this happen continuously https://twitter.com/whale_alert

>>18622325
you do realize they can print any demand they want in a second, they aren't preparing for anything

>thinking tether printer is actually good for bytecoin
You retards never cease to amaze me.

>>18622192
why these exchange use this chink coin while usdc exist is beyond me

>>18622242
YES YES LE BASED AND POO PILLED TEHTER VISHNU IS GOING TO MAKE RANJEET THE NEW EMPEROR IN HIS VILLAGE

>>18622421
because usdc require real backing you dum fuck
they use usdt because they can print infinite amount and prop up the price of btc to save their entire business model

it's so obvious how can peoples not get this

>>18622192

We’re about to make a lot of money boo-boo

>>18622451
what happen when tether holder (7 billion) want to cash out for any reason (let's say rumor about war with china) and it hasn't the money because no real banking

>>18622285

doesn't mean it's being used to buy.
It's called preparation.
go look back. This happened after the tax year ended in 2017, and in 2019. proof is ALL there.

>>18622192
why don't they just print 1 trillion and get it over with. we will finally have 1 btc=1 million

>>18622503
10 USDT = 1 USD

People are actually using stablecoins to avoid banks not to buy BTC.

>>18622503
pic related happen
tether pair spike as holder buy back into crypto
then send it to fiat exchange and the price goes right back down


>>18622546
every print is followed by this faggot https://twitter.com/paoloardoino/status/1252999879342854154
they literally admit to print out of thin air to send it to exchange

>>18622570
too obvious, they don't want to lose the majority's trust before they exit scam

the pumps from the prints are getting pathetic though

>>18622605
what if europe ban usdt, how will that effect crypto

>>18622714
massive price spike followed by a massive price drop as people panic go back to fiat

>>18622714
fucking kikes

>>18622714
how ? this market is completely out of all jurisdiction
the only thing they could do is order all banks to stop working with crypto exchanges altogether and that would kill crypto instantly

>>18622730
could tether/bitfinex have inside information about the ban, and that's why they're printing so much to keep btc price stable while they sell their btc (pic related)

>>18622798
can't they just ban institution and people from using usdt, some exchange in europe doesn't use usdt already (anycoindirect.eu,...)

>>18622807

>>18622831
institution aren't using USDT this is just bitfinex and co. propping up the market
and since they can't ban those exchanges they can't do anything

>>18622873
so even if europe ban usdt, that won't effect crypto /btc price ?
good i was scared

also how can you sell 66000 btc without dropping the price?

>>18622915
>so even if europe ban usdt, that won't effect crypto /btc price ?
because they have zero control over this market, it would be like banning the rain, yes the government can say "rain is now banned" but that won't stop the cloulds from raining ...

> also how can you sell 66000 btc without dropping the price?
doing it slowly while you pump on usdt exchanges

>>18622714
You can’t ban crypto.

>>18623118
you can ban fiat on-ramps tho, that would crash the price

>>18622192
The federal reserve has printed $1.5 trillion USD in just the last month, and you're concerned a measly couple billion dollars in crypto?

>>18622364
god youre retarded

he is saying that the exchange isnt using the USDT but keeping it for future demand

>>18623539
look at the fucking chart you moron it's so obvious >>18622192
why would they even bother with multiple print and then even smaller continuous transfer if it was not for continuous pump / support the price

>>18623303
USD is backed by the biggest military in history
USDT is backed by nothing
I'm sorry if you can't see the difference

>>18623617
usdt is backed by usd

>>18623921
no it's not
even tether themselves don't claim this anymore

>>18623955
So it's only backed 50-80% instead of 100% big fucking deal. US banks have 10% reserve backing and that was recently dropped to fucking 0%. I don't get why you're autistically lashing out over a few measly billion, the majority of which either hasn't made it to exchanges or are in multi sig wallets. It's a tiny tiny amount of money even in the context of crypto

“Once you have Tethers, you can trade them, keep them, or use them to pay persons that will accept your Tethers. However, Tethers are not money and are not monetary instruments. They are also not stored value or currency. We do not guarantee any right of redemption or exchange of Tethers by us for money.”

https://medium.com/@thecaspiancey/whats-behind-tether-cfde9e2199c8

https://www.bloomberg.com/news/articles/2019-08-07/tether-mafia-318-crypto-addresses-control-most-of-stablecoin

https://cointelegraph.com/news/the-strange-story-of-tether-the-digital-money-that-claims-it-isnt-money/amp

https://en.m.wikipedia.org/wiki/Tether_(cryptocurrency)

>>18624164
Listen whore, keep your mouth shut, as noone is interested in your delusional ramblings.

Now back off to your room and livestream your vapid tits.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3195066

>>18624393
>foxy
>grandmaster league
tranny confirmed