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/biz/ - Business & Finance

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File: 806 KB, 871x604, soros.png [View same] [iqdb] [saucenao] [google]
8822302 No.8822302 [Reply] [Original]

What if his way to kill crypto is to go long on the dollar?

>> No.8822325

What if entering crypto is how he shorts all fiat

>> No.8822334

>>8822302
>longs dollar
>chinks start trading oil in yuan
>gets liquidated

>> No.8822337

>>8822302
>kill crypto is to go long on the dollar

He won't do shit for a long time. Whales are accumulating, brainlet

>> No.8822582
File: 1.08 MB, 912x602, Soros1.png [View same] [iqdb] [saucenao] [google]
8822582

Think about it. By going long on the dollar, you are essentially going short on tether.
Hmm. What was that other time when there was a currency crashing because it was pegged to another currency?

>https://en.wikipedia.org/wiki/Black_Wednesday

Quick rundown:
>1990- UK's conservative government agrees to enter European Exchange Rate Mechanism (EERM) by which the pound will be pegged to the deutchmark
>Thatcher was against this, but ((they))) pushed the policy through
>Bank of England was putting the entire economy on the premise that the pound would not fall 6% below the Mark
>enter Soros
>notices that the UK's inflation is 3x of Germany
>shorts the shit out of the pound for 2 years until it falls below the margin for the ERM in 1992, despite Bank of England increasing inflation by 2% (from 10% to 12%) to offset it
>bank is forced to pay £1 billion into Soros's pocket
>uses money to further destabilise the country as you all know

Tether would be even easier. Circulating market cap of ~$2 billion which isn't even backed by real dollars. The losses to the UK government on Black Wednesday were well into the billions. Here's how it goes down this time.

>Soros notices tether is a huge fraud
>pumps USD
>tethers are now worth less than the USD they are issuing to people
>even if it is backed by USD, tether would stop people cashing out because they'd be losing money on exchange rate
>BTC becomes worth fewer dollars as USD value goes back up
>panic selling ensues
>tether can't sustain the dump
>black wednesday all over again.

Same tricks, different face

>> No.8822612

>>8822582
Shitty tether disguised FUD thread.

>> No.8822627

>>8822325
This. Longing USD would be suicidal with the (((QE))) going on

>> No.8822679
File: 53 KB, 640x518, 1522798853096.jpg [View same] [iqdb] [saucenao] [google]
8822679

>>8822612
>EVERYTHING I DON'T LIKE IS FUD
not FUD you open headed poop recepticle, just speculation

>> No.8822689

>>8822582
>pumping usd
>shorting tether
top kek

>> No.8822695
File: 42 KB, 641x729, 2ee.png [View same] [iqdb] [saucenao] [google]
8822695

>>8822679
What is the difference from FUD and negative speculation with nothing backing your conspiracy?

>> No.8822721
File: 58 KB, 679x769, 1507551820465.png [View same] [iqdb] [saucenao] [google]
8822721

>>8822695
>previous actions of this man and the well known tether fraud are not evidence

>> No.8822760

>>8822695
Idiot. Truly

>> No.8822773
File: 59 KB, 250x231, purchasepower.jpg [View same] [iqdb] [saucenao] [google]
8822773

>>8822302
>long on the dollar?
good luck, lol

>> No.8822778

>>8822325
Bingo

>> No.8822806
File: 36 KB, 629x504, 1521736896478.png [View same] [iqdb] [saucenao] [google]
8822806

>>8822773
He wants to long dollar to destroy Tether and UK. Perfect plan created by a brainlet who is holding mostly Chainlink.

>> No.8822818

>>8822302
He's only the first. Tough times for wall street ahead, stocks looking very shaky. Soon they'll be begging to be let into the crypto market. And then i will sell, i will sell it all.
Verge 10$
Tron 4$
Vechain 80$
Mod 50$
And finnally my eth will be released at 22,000$ a pop.
We'll show them who the real bag holders are. This is how the wealth transfer begins.

>> No.8822836

>>8822818
deluded, institutional money has been in since october

>> No.8822847

>>8822818
I like the way you think. You have a strong vision. I bought in in december and am like 200-300% down. I cant wait to dump bags on wall street cocksuckers. Do you think funfair will be worth allot to? And ambrosus i bought that to.

>> No.8822853

>>8822325
Fpbp

>> No.8822858

>>8822302
whenever you hear stories like "le soros is super bullish all shitcoins trust us" it really means he's shorted the entire space with massive leverage

soros is the ultimate liar

>> No.8822865

>>8822847
I dont know those ones cause i use coinspot. but i think they'll be worth like 100$ I think.

>> No.8822925

>>8822865
Cool it would be great to have a few thousand. I have 180 ambrosus so 100$ per coin is enough for what i need.

>> No.8822934

>>8822925
Can you send me some ?

>> No.8822948

>>8822934
No i need them. I love crypto i would never give some away for free unless u pay me

>> No.8822967

>>8822948
Ok ill sell too you but atleast fun and coss? I want over 3 together or nine just for the coss

>> No.8822986

>>8822967
Hurry up or im no't selling thats it om not selling anymore .

>> No.8823009

>>8822302
Im selling funfair and ambrosus and coss on paxful

>> No.8823037

>>8822806
Im selling funfair and ambrosus coss on paxful im looking for a seller

>> No.8823074

Always long USD. If USD crashes, it will go out with a nuclear bang.

>> No.8823075

>>8822302
Eah because crypto monnies can make usd go up.

>> No.8823410

>>8822627

Yep. You can tell /newbiz/ haven't been paying ANY attention to the outside world - it's all looking shaky as fuck in the non-crypto world. Short fucking EVERYTHING.