Bitfinex exitscamming

[Anonymous No.25702326]

There were no institutional investors.

>BTC can't break $20K resistance?
>BRR pump it
>BTC can't break $30K resistance?
>BRR pump it

You are witnessing the biggest scam in history, they are creating $5B fake dollars a week and pumping it in BTC. What enters from normies and banks is breadcrumbs. This was a 100% artificial pump ponzi. Mass suicides coming.

[Anonymous No.25702355]

>>25702326
THANK YOU BASED FINEX

[Anonymous No.25702384]

>>25702326
It's true, but no one listens.

[Anonymous No.25702429]

>>25702326
Yes, we all know that anon. But pulling out now is stupid. BTC could easily double, ETH 5x before the exit finally occurs. Fuck knows what alts could do.

The real question is: when to pull out of the market? 15th January seems like a red herring, they're only submitting documentation on that date.

[Anonymous No.25702444]

>>25702326
if it is a scam, why aren't they printing even more? what's stopping them from printing 1 trillion and pumping btc to 1m? that would allow them to cash out even more before january 15th, right?

[Anonymous No.25702455]

I didn't quite buy into the Tether Fud but I did some digging after that detective anon made some discoveries.
This is worse than anybody here thinks. I'm gonna try to gather some more specific info on what they are doing if I can and make a thread here, but for now I'd advise everybody to cash out right now. And stay the fuck away from crypto

[Anonymous No.25702529]

>>25702429
And before you dismiss what I'm saying, remember that the Tether FUD was perfectly valid back in 2017 too, and very much so the entirety of 2020. Entire fortunes have been made and safely extracted under this Sword of Damocles.

[Anonymous No.25702773]

>>25702529
This is different. Tether is going down. And it has nothing to do with the 15th.
Get.Out.Now

[Anonymous No.25702874]

>>25702326
this is sustainable

[Anonymous No.25702891]

>>25702455
Make the thread anon

[Anonymous No.25702895]

>There are people on this board who believe a company under investigation is getting $5B real usd from investors and not just printing chinkies out of thin air
+social credit score points for every "tether fud" mention

[Anonymous No.25702896]

>>25702529
yes it was valid in 2017, but its reached a point of absurdity. how long can this go on?

[Anonymous No.25702933]

[Anonymous No.25703087]

>>25702891
>>25702891
Like I said I still need more information about what exactly they are doing before I dump my shit on here. I don't want this to get lost in the sea of repetitive tether fud spam.

If you want a little spoiler look up the "Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act" and then have a look at the timing of this massive bullrun. The dots are not hard to connect

[Anonymous No.25703108]

>>25702773
Don't listen to this schizo

[Anonymous No.25703195]

>>25702773
Listen to this schizo

[Anonymous No.25703227]

>>25702896
That's exactly my point. It was perfectly valid to say that 'this can't go on' in fucking September. It was perfectly valid to say that Tesla was overhyped three years ago... saying 'this will collapse' is pointless, the skill is being able to say when. If the collapse is the 15th, then fine. But if you honestly believe that, you should keep your money in the market until the 14th. ETH could easily double in that time.

>>25702773
Why? What's ACTUALLY going to happen on the 15th? Not a verdict, I can tell you that. Tether are submitting requested documentation. That's it.

[Anonymous No.25703275]

>>25703087
And before they go
>Hurr why doesn't JPMorgan do this too
They're not the Fed and can't print fake dollars. Bitfinex can do it and exchanges are in on this scam too. Pull out everything in fiat, not stablecoins. Even USDC will be fucked.

[Anonymous No.25703331]

>>25703087
Can you please post what you already have bro?

In getting a bit scared fren

[Anonymous No.25703432]

>>25702895

Meh. I'm not dumping. Why?

I'm betting a couple ten thousand that I can come out with a couple hundred thousand. Better than putting money into a lotto ticket. Ye. You could put into a stonk n sit on it, but you don't get such a good return. Essentially I'd rather lose money than worry about it all. Not worth it. Money comes n money goes. And seeing how young all of us are here, the money can easily come again.

Hodling till $0 (:

[Anonymous No.25703573]

>>25702895
easiest explanation is usually the correct one

>25bil paper conspiracy, evading the law & still perfectly pegged at one dollar.
OR
>they're just a shady OTC desk.
25bil aint much dollars worldwide. thats like 1000 rich chinks/ruskies.

[Anonymous No.25703609]

>>25702326
Proof? Oh you have none? So just trust you bro?

[Anonymous No.25703632]

>>25702326
It would be funny if Tether turned out to be the CCP scamming the rest of the world out of millions of BTC just to get a major position before any other government could.

[Anonymous No.25703881]

>>25703632

That's what I have been worried about as well. Tether and bitfinix are under the control of the CCP.

[Anonymous No.25703942]

So if like 90% of people agree tether is bad for crypto why is it’s value still a dollar

[Anonymous No.25704016]

>>25703942
based retard

[Anonymous No.25704037]

>>25703942
Pure fucking greed. The curtain is coming down and you fuckers will really see what's different

[Anonymous No.25704110]

>>25703331
QRD
>tether and bitfinex are owned by the same people
>dems plan on tightening up crypto regulation, specifically requiring stable coins to have a banking license
>tether is a massive scam and already being investigated, it will never get said license
>dems won election in november
>tether, bitfinex and the entire crypto economies days are ticking
>tether and bitfinex owners said fuck it and pushed their scam into overdrive
>keep printing tether that is not backed by anything
>buy shitcoins with said tether
>drive up price of shitcoins
>dump shitcoins for BTC/ETH

[Anonymous No.25704141]

>>25703573
That's not the point chink shill. They use the USDT to coordinately buy BTC among the exchanges and sell off after it doubles, then when it breaks down they print more Tether.

This is bigger than $25B. We're talking about trillions.

[Anonymous No.25704163]

>>25704110
All this means is Usdt is banned in America

[Anonymous No.25704182]

>>25703632
China banned tether, they are operating out of HK and banana republics.

[Anonymous No.25704209]

Tether fud is bullish

[Anonymous No.25704217]

>>25702326
Am I safe in usdc?

[Anonymous No.25704250]

Compare tether printing to daily volume of BTC trades. It isn't a drop in the ocean, but it's not even close to 20% of daily volumes. Saying this growth is all due to tether is low iq posting.

[Anonymous No.25704341]

>>25702326
all exchanges need tether to provide tethers to degenerate leverage gamblers + in tether in general to meet tether demand.
who cares if they printed 200000 some day and 2 million some other day? its peanuts. they can easily have the reserves to back them up.

[Anonymous No.25704342]

>>25702326
>>25702455
Am I safe in usdc

[Anonymous No.25704363]

>>25702326
Are you talking about the Federal reserve?

[Anonymous No.25704416]

>>25702444
Digits wasted on a moron

[Anonymous No.25704515]

>>25704341
then again, just reading the wikipedia article about bitfinex is enough to spook anybody about it.
I would say they are more likely than not to survive but nothing is sure about bitfinex. seems they have some rough shit in the past.

[Anonymous No.25704566]

>>25704217
No

[Anonymous No.25704569]

[Anonymous No.25704611]

>>25702326
So it's better to invest in alts then

[Anonymous No.25704680]

>>25704566
Yeah but why

[Anonymous No.25704684]

>>25704163
>stable coins get banned in the biggest market in the world
>one of the largest exchanges in the world has been scamming the entire crypto scene for months
It's so simple guys. 1 tether is not 1$. BTC is not at 40k$.Yes it is the current exchange rate, but the second the first domino falls and people are trying to exchange their coins for actual money or withdraw from exchanges this whole thing will blow up. Tether dumps, exchanges close. Nothing is backed with real money. This market is a fucking lie.
This is why I say get out now. You won't be able to when this shit starts.

[Anonymous No.25704788]

>>25702326
they are not fake, paypal and that one ceo retard is buying bitcoins.

why can't you accept that there are people with actual money out there buying btc, as opposed to basement dwelling lolbertarians.

[Anonymous No.25704881]

>>25704680
If liquidity runs low exchanges will shut down and stablecoins will bleed. Fiat is the only safe way out.

[Anonymous No.25704991]

>>25704788
It's the exchanges controlling the market and not institutions picking up breadcrums. Ie Michael Saylor bought onlu $1-2B while tether prints $5b weekly and Binance buys way more. You don't ger the scope of this scam.

All major buy ins by banks were when BTC was trading sub $10k. You think JP waited for $30K btc to fomo in? You're in for a rude awakening.

[Anonymous No.25704995]

>>25704881
B-but usdc is audited and backed 1-1 by real dollars

[Anonymous No.25705500]

>>25704684
I believe it's a stalemate.
China won't crush it because America would be ahead of the game for the future of money.
Market for btc might be bigger than we think

[Anonymous No.25705550]

okay, I'll bite. Everyone is aware of the the tether fud. Let's say you're a whale or an exchange and you use a lot of stablecoins. Why would you choose to sell for USDT rather than USDC if you believed tether was worthless?

I'm not disagreeing with the general idea of the tether fud, but with that in mind, I don't get why whales use it and exchanges accept it when there are alternatives.

[Anonymous No.25705768]

>>25704881
>Fiat
>safe
until it isn't

[Anonymous No.25706245]

>>25702326

tether pumps my bags, tether is my fren

sucks to suck

[Anonymous No.25706390]

Prepare for hell to break loose, short Microstrategy

[Anonymous No.25706439]

>>25702326
Load tetherfud.exe

[Anonymous No.25706653]

>>25702686

[Anonymous No.25706668]

>>25706390
kek, tether volume daily 18b and that’s with 50-75% of fake scam exchanges wash trading
. Daily volume on just the sp500 4.6T. you’d get a little more credibility if you didn’t just make shit up, Bitfinex raised over a billion in 10 days from investors for Leo token during this tether fud

[Anonymous No.25706962]

>>25703275
Why would USDC get fucked?

[Anonymous No.25707112]

>>25702326
DILATE

[Anonymous No.25707211]

>>25704141
How is it trillions if the crypto MC isn't trillions?

[Anonymous No.25707283]

>>25706668

>You're making shit up
Stop being a mouth breathing retard

[Anonymous No.25707415]

>>25704881
no, if my tether falls i'll put it into btc, btc is the hedge, btc is the final answer

[Anonymous No.25707435]

>>25702355
this
thank you finex

[Anonymous No.25707497]

>>25706668
>muh volume
I don't get this argument. High frequency algorithmic trading is common in markets

[Anonymous No.25707508]

>too dumb to make up a conspiracy theory that makes any sense

[Anonymous No.25707605]

I can't find the whalepool audio with the dutch dude in it
>move the fucking price up
>it's not rocket science
I want to listen to it again and laugh at all the faggots who sold under 40k and fud tether now
anybody?

[Anonymous No.25707703]

found it myself
based finex people
https://soundcloud.com/bruno-skvorc/whalepool-group-recording-telling-people-to-move-the-price-up/s-AEdzu

[Anonymous No.25707996]

OP, or any other Tether FUD'ers ITT: do any of you have any shred of actual proof as to what you're alleging?

Or are you just simply altruistic, caring individuals who miraculously have all this insider info that you can't disclose. And you are disclosing it to us when you could be shorting the market and making a fortune with this purported information.

That's the thing about Tether FUD. They can't prove it, and detractors can't disprove it. It's a great strategy for FUD because it's just some autist's word and random charts that they don't fully understand or comprehend vs rational disagreement. Tether could, in theory be fully backed by USD and assets at this moment and none of them would actually know.

So again, do any of you have any real, concrete proof? If not, get the fuck out of here.

[Anonymous No.25708154]

>>25703275

The banks always pay fines for there scamming of people and institutions like libor.

The banks don't want to making profits.

[Anonymous No.25708190]

>>25702326
>>25702355
THANK YOU FINEX

[Anonymous No.25708277]

>>25707211
because market cap is a fucking meme

[Anonymous No.25708281]

>>25707996
How about the small detail of iFinex being investigated for fraud?
https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=2AsYgvjJAsSdalpfkInbHA==
Do you think that's also baseless chart reading?

[Anonymous No.25708344]

>>25707703
>based finex people
>>25707996
>OP, or any other Tether FUD'ers ITT: do any of you have any shred of actual proof as to what you're alleging?

[Anonymous No.25708392]

so pretend im a 5 year old (pretend haha)

so they print tether and just mass buy btc causing it to pump?

[Anonymous No.25708398]

>>25708344
If a bunch of autists on /biz/ could string together the wallets and what that causes to the market, bet your ass the SEC has deployed vans to their offices and tracks their every move.

It's going to be fun watching 2021 crypto meltdowns.

[Anonymous No.25708456]

>>25708281

He was asking for proof and you did not provide any.

[Anonymous No.25708463]

>>25704342
Yes.

[Anonymous No.25708539]

>>25702326
the fed is buying up assets bc countries are exiting the dollar and that's the best short term strategy

[Anonymous No.25708577]

>>25708456
If only you knew how retarded what you just posted is.
Hey, if you send me 1 BTC I'll send you twice your money back.
What? Sounds like a scam? Well, you can't prove that.

You can't provide any proof.
So go on, invest with me. That's your logic.

[Anonymous No.25708588]

>>25708456
Let me guess, you also don't think there was massive election fraud in the US right? Retard.

[Anonymous No.25708698]

>>25702326
This run could easily hit 100k but the crash will be final. Waaay to risky, especially when you consider that liquidity is borderline non-existent at this moment

[Anonymous No.25708816]

>>25707283
source?

[Anonymous No.25708830]

>>25702326
GUYS PLEASE LISTEN AND DON'T FALL FOR THIS PLEASE
I DON'T WANT ANY BIZBRO TO RUIN THEIR LIFE.
LOOK AT THE MARKET CAP GROWING OF USDC, USDT AND DAI.
YOU CAN SEE THAT USDC AND DAI GREW FASTER IN % THAN TETHER.
DON'T PANIC SELL, THIS WILL PUMP AFTER THE 15. AND PEOPLE SEE THAT THE TETHER FUD IS A NOTHING BURGER. DO THE MARKET CAP COMPARISON YOURSELF AND SEE.

[Anonymous No.25708870]

Does anyone have a link to the thread exposing Bitfinex?

[Anonymous No.25708950]

so does this mean we are going to $10 000 000 000 000 000 000 per btc?
I mean if they can just print an infinite amount of dollars then why not, who's going to stop them?

[Anonymous No.25709023]

>>25708277
ok retard

[Anonymous No.25709046]

>>25707283
jesus, these bitfinex niggers will fuck us all. This is what happens when a bunch of retards think they can print money from thin air without being jewish.

[Anonymous No.25709100]

>>25702326
who literally gives a shit at this point
if it crashes on the 15th just buy the dip

[Anonymous No.25709138]

>>25708950
10 000 000 000 000 000 000 USDT per btc yes
which translates to 0 actual dollars

[Anonymous No.25709220]

I have yet to hear a reason as to why or how USDT being outed as a scam would negatively impact BTC price.

[Anonymous No.25709250]

>>25709138
normies will buy our bags

[Anonymous No.25709305]

>>25706668
>tether volume daily 18b and that’s with 50-75% of fake scam exchanges wash trading
that makes sense when everyone is trading USDT pairs

I don't think you know how these things work. "wash trading" is a made up term by people who don't understand that order book manipulation is an integral part of the game. market making is exactly the same as wash trading, the only difference is intention, which cant be proved, same as pattern day trader

[Anonymous No.25709325]

>>25709220
It wouldn't necessarily affect the price, I mean look at the stock market and the plethora of worthless helicopter money being used to prop it up. There might be fud if bitfinex gets fucked (which they will) dumping the price, then we will see what happens to their crypto holding once they are seized up by the feds.

[Anonymous No.25709336]

Thank you BASED Finex.
Please PUMP MORE.

[Anonymous No.25709337]

>>25709220
see
>>25708306
it's quite clear what's going to happen is
>tether gets heavily regulated for their obvious manipulation of markets through new means
>the btc tether scheme falls apart
>btc no longer where everyone stores their wealth
>this is good because btc is heavily chinese owned and operated at this point with how much they control that market
>all that money in BTC won't find anywhere else to put it, fiat? no, stocks? what tesla and that's it?
>all that investment money moves to alt coins
>the biggest being xrp which just won their lawsuit and is now the most regulation friendly coin there is
>china loses crypto control
>USA gains control through ripple and xrp being an american company who will follow the newly set american regulations

WE'RE GOING BACK TO SPACE BROS
AND THIS IS HOW WE DO IT

the future is ours

[Anonymous No.25709393]

How long does SEC need for the investigation? When should we expect the Tether collapse desu?

[Anonymous No.25709405]

>>25709023
3.1% of total volume.

[Anonymous No.25709603]

>>25709405
74% of volume
with 26% being USDC/other stables and btc/eth/alt pairs

sounds completely normal and reasonable

[Anonymous No.25709669]

>>25702326
wtf I love Bitfinex now!

[Anonymous No.25709777]

Dude on January 15th bitcoin will be worth $0.01 when tether pops. Wow!

[Anonymous No.25709789]

>>25709603
Binance and finix are less than 10% of the total volume

i don't even have BTC and I do think tether is a scam but this line of thinking that corn price is entirely fake doesn't hold

[Anonymous No.25709804]

>>25709669
it's all good if they hold your bags, not the other way around

[Anonymous No.25709819]

everything will be fine with tether and the news will pump btc even more ... noobs

[Anonymous No.25709840]

>>25702326
FULL SEND LET'S GO FINEX

[Anonymous No.25709915]

>on the 15th Tether will have to write a note saying "we have been very good boys this year. - Signed, Tether"

[Anonymous No.25710107]

>>25704684
Ahh, the old "can't cash out" fud

[Anonymous No.25710142]

>>25702444
Uh that's what they're currently doing you moron.

[Anonymous No.25710166]

>>25709840
Sauce

[Anonymous No.25710213]

>>25707996
How about tether stopping trying to dodge audits since 2017 and proving that their monopoly money is actually backed ? When you're putting out that much money you're the one that has to justify it fucking retard.

[Anonymous No.25710344]

>Print $100 Million Tether
>Buy $100 Million in BTC with Tether
>Bitcoin pumps 1%
>Sell Bitcoin for $101 Million USD
>Hold onto $100 Million USD to show Tether is backed by USD
>Enjoy $1 Million in profit

[Anonymous No.25710382]

>>25709603
It is used as a gateway to buy and sell crypto.
Institutions, however, buy with real dollars, and most OTC. Tether is more used for selling, when someone dont want to cash out and is waiting for a crash, to buy back lower.
But total marketcap, its still 3%.

[Anonymous No.25710461]

>>25710344
What happens when btc goes down though?

[Anonymous No.25710528]

>>25710166
dunno, just a gif i got from here

[Anonymous No.25710585]

>>25708392
haha :)

[Anonymous No.25710654]

>>25709777

[Anonymous No.25710747]

>>25708816
source. trust me bro

[Anonymous No.25710799]

>>25708830
This unironically

[Anonymous No.25710826]

>>25704995
That's not the point. Coinbase has a limited supply of USDC. If USDT falls, people are going to panic sell their coins for other stablecoins and/or fiat. Exchanges won't be able to pay everyone so they'll have to either shut down momentarily, place heavy restrictions on the amount people can withdraw or use up all their money.

In all of those cases liquidity goes down a shit ton, people lose confidence in crypto and panic sellers cause the prices to drop drastically to rid themselves of them shitcoins.

Right now stablecoins aren't safe.

[Anonymous No.25710853]

>>25709305
No shit moron, what I meant was half the exchanges these guys pull their data from are total scam, sham sites that push their volume into the billions to try and lure users in

[Anonymous No.25710894]

>>25710344
i don't think you understand how market works
They will only make that 1 mil profit if ppl fomo into btc, it's not a sure fire strategy

[Anonymous No.25711056]

>>25710826
>panic sellers cause the prices to drop drastically
I believe this applies to non stable coins so, correct me if I'm wrong, if I'm already in usdc AND in a cold wallet I should be fine

[Anonymous No.25711094]

>>25710382
You cant sell Tether for real dollars

[Anonymous No.25711199]

>>25704684
>muh biggest market
calm your tits nigger

[Anonymous No.25711254]

>>25704416
Kek

[Anonymous No.25711267]

>>25703108
>>25703195
Don't listen to both of these schizos.

>touché

[Anonymous No.25711298]

Reminder that if a stablecoin prints too many tokens and the demand to match it isn't there the tokens lose value over time.

[Anonymous No.25711312]

>>25710853
>sham sites that push their volume into the billions
pretty sure margin does that all by itself

[Anonymous No.25711476]

>>25704250
Most volume is fake. There's a reason why Chinknance bought coinmarketcap.com.

[Anonymous No.25711479]

>>25710344
You are missing key points

>Print $400M tether when BTC dips and can't hold a resistance point
>That gets shuffled to conspiring exchanges who "buy it" so they can buy BTC with it
>BTC pumps because mass orders are placed
>Exchanges now have BTC worth 2x the value
>Sell off some BTC
>It starts dipping again
>Tether printer go BRR
>Repeat

See OP pic. They ramped up massively the past 4 weeks.

[Anonymous No.25711491]

https://www.courtlistener.com/recap/gov.uscourts.nysd.524076/gov.uscourts.nysd.524076.154.0.pdf

[Anonymous No.25711499]

>>25703432
yip

[Anonymous No.25711674]

>>25711491
explainnnn

[Anonymous No.25711742]

>>25707703
>https://soundcloud.com/bruno-skvorc/whalepool-group-recording-telling-people-to-move-the-price-up/s-AEdzu
whats the context

[Anonymous No.25711903]

How is it possible that the US government does nothing about this?

[Anonymous No.25712485]

>>25702326
Much of bitcoin’s 2017 boom was market manipulation, research says

https://www.cnbc.com/2018/06/13/much-of-bitcoins-2017-boom-was-market-manipulation-researcher-says.html

[Anonymous No.25712575]

>>25711903
too busy fighting white supremacy

[Anonymous No.25712983]

Bitcoin is a great idea. I really wish the community rooted out the scammers in the beginning though. And now the cancer has grown.

[Anonymous No.25713264]

>>25702326
>There were no institutional investors.
are you sure about that?

[Anonymous No.25713365]

>>25702326
Yep the wojaks will be intense. We are overdue for a big pullback

[Anonymous No.25713409]

>>25713264
Yes, the media would never lie to you, go... guy.

[Anonymous No.25713538]

>every exchange that dealt with USDT would be complicit in the fraud if it were true
>literally every single power center in the crypto space knowingly and brazenly conspired to commit fraud in the most obvious way possible for years and years
>institutions totally didn't look into this most obvious situation before investing billions in 2020 and 2021
>a bunch of midwits on /biz/ figured it all out

nope

[Anonymous No.25713579]

>>25713538
>implying the institutions aren't IN ON IT

[Anonymous No.25713704]

>>25713538
>thinking boomers have any idea how tech or crypto works.
I still remember when Rupert Murdoch bought Myspace for a billion dollars.

I think they consulted with a bunch of "crypto advisors" who are really just crypto pumpers like anthony pomp.

[Anonymous No.25713712]

>>25713538
Thinking that other people are midwits is an idiot thing to do. As far as I'm concerned you're all literal retards.

[Anonymous No.25713718]

>>25713579
the problem with that is coordination, there is no implicit mechanism that allows for all these players to coordinate perfectly

if you really think all of these big players are risking their asses, all at once and together, to buy btc at 20k and dump at 40k on...retail? who? you are fucking retarded

[Anonymous No.25713776]

>>25708950
Vile woman

[Anonymous No.25713818]

>>25713718
anon, you don't believe jews control the world?

[Anonymous No.25713946]

>>25708816
https://coinlib.io/coin/BTC/Bitcoin

[Anonymous No.25714191]

>>25712485
Was it going to 1$ then 100$ then 1000$ market manipulation too?

[Anonymous No.25714203]

if tether fud is real then how does it keep its peg?

[Anonymous No.25714350]

FUCK FUCK FUCK IS DAI SAFE? PLEASE TELL ME HOW TO SAVE I CANT SELL RIGHT NOW WHAT COIN IS SAFE

[Anonymous No.25714490]

Schizo FUD

[Anonymous No.25714697]

>>25711903
>How is it possible that the US government does nothing about this?
They're letting them dig their own grave so they can enforce blockchain regulation

you can bet the vans were deployed years ago

[Anonymous No.25714798]

>>25713409
are you not able to look up the transaction because of your low IQ? awww must suck to be you :(

[Anonymous No.25714822]

>>25713538
>>every exchange that dealt with USDT would be complicit in the fraud if it were true
Yes and yes. Wonder why all of them are "located" in offshore banking centers and banana republics in the caribbean?
>>institutions totally didn't look into this most obvious situation before investing billions in 2020 and 2021
No institution or bank invested in 2020 pea brain. Banks bought up millions of BTC in the early 2010's, they're never late to the party. This is a meme that pea brains peddle to each other. The only buyers this bull run were exchanges in on the scam.
>>a bunch of midwits on /biz/ figured it all out
It's all visible evidence on the blockchain, they can't erase their tracks. Going to be the easiest RICO charge after FIFA.

[Anonymous No.25714973]

>>25710344
>to show Tether is backed by USD
why would they do that?

[Anonymous No.25715044]

>>25702326
Even if you are right, there's no way to time and trade this. For now, THIS is all that is important:

https://www.washingtonpost.com/business/on-small-business/biden-demands-trillions-in-new-aid-renews-2000-checks-goal/2021/01/08/735348dc-51e9-11eb-a1f5-fdaf28cfca90_story.html

[Anonymous No.25715075]

>>25709023
Market cap is a meme you fucking retard. Japan's property market cap was the most expensive in the world and theoretically if they sold it they could've bought the US stock market. Its just a guide to valuing an asset

[Anonymous No.25715179]

>Bitfinex “owes” $24b to Tether, an associates entity
>Tether says on its website that it does not guarantee you can trade Tethers for cash
Bitfinex is just going to declare bankruptcy and walk away with a million BTC, a few million ETH, and some shitcoins

[Anonymous No.25715240]

>>25706390
TOO BIG TOO FAIL

[Anonymous No.25715336]

>>25715179
>Bitfinex is just going to declare bankruptcy and walk away with a million BTC, a few million ETH, and some shitcoins
They will be worthless and they're walking straight into a jail cell. As the lawsuit implies, the total manipulation cost the market $1.5T. That's for 2017. 2020 numbers are much higher

[Anonymous No.25715840]

>>25707996
https://www.courtlistener.com/recap/gov.uscourts.nysd.524076/gov.uscourts.nysd.524076.154.0.pdf

[Anonymous No.25715841]

>>25714191
No you imbecile. There is a big, big difference between BTC's initial organic pumps and the shitfest that started when Chinks turned it into a get-rich-quick scheme.

The shady stuff that Tether is pulling with BTC is exactly the kind of bullshit why BTC was created and what it was supposed to stop.

[Anonymous No.25716075]

>>25714191
>>25715841
willybot

[Anonymous No.25716119]

post yfw Tether uses Chainlink for proof of reserves

[Anonymous No.25716561]

>>25716119