brrrrr
Brrrrr
Why not print 10 billion at this point? It's not like anyone gives a shit
believe it or not there's a lot of peoples who still believe this shit is legit
what a coincidence, just when bitcoin is struggling at a crucial resistance point
Imagine they push it back all the way to 10k
I will give you the real answer so you can sift through all this fucking FUD:
Tether Treasury preemptively prints USDT based on dwindling supplies across exchanges. The supplies dwindle because people are going margin long like crazy. Just look at the ratio of long/shorts on any exchange for any popular coin and you'll see it's 75/25 or higher at the moment. Tether sends the USDT to exchanges and people borrow against the newly minted coin to margin long.
It's that fucking simple. Fuck all the haters and conspiracy nuts on here.
hooollyyyyy shit
printer really going bbbbbbrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
Margin longs cannot explain the rise. keep cooking up that pasta.
they basically printed 2 Billions in 1 month
everything is possible at this point
it's more like 65/35
and yet there's less volume on margin now then at 10k in February
blockchainwhispers.com
based brrrrrrrrrrr. i don't fucking care anymore, just make me rich before everything collapses
Nothing backs these numbers up and THAT is the real problem, it's blockchain equivalent of FED.
The people behind Tether/Bitfnex are well known. It would be very easy for law enforcement to take the whole thing down yet it hasn't happened.
that would also be a completely fraudulent system
margin is supposed to be borrowing from real investor thus creating a premium either long or short
if you get infinite money to leverage then you have infinite money to move the market as well
what happens to btc when miners have no more rewards to mine?
they are not based in the US that's why they have not been shut down
if they had the funds it would be so easy to prove it by letting a trusted third party audit them so why don't they do it ? it's faketoshi dancing around instead of just showing the keys
when someone refuse to prove their legitimacy by the simplest possible mean you know they are lying
Bears think all these prints have been use to "prop btc up" for the past few weeks.
Lmao cucks haven't realised this is all a systematic set up for something bigger, and not being spent yet
No more bitcoin
>and not being spent yet
> etherscan.io
fuck off
Sent to exchange does not automatically = spent.
It means intended to be used.
Do I need to remind anyone that in 2017, this is literally what they did from March-May non stop with tether, print after print.
Then, in 2019, they did it again from Feb-April.
Now they are doing it again.
Do you faggots EVER fucking learn to see patterns?
>conspiracy nuts
papers.ssrn.com
>Sent to exchange does not automatically = spent.
look at the chart
I remember back then I was hoping then NYAG would shut bitfinex down.
look up the tether founder newfaggots
tether treasury more backed than the actual fed fucking clowns people can coordinate with tether to buy OTC god damn AKJGHQiwhfUOKABHFEikewhf newfaggots
this
BRAINLETS ITS SIMPLE
>usdt/usdc pair
just look, its $1
if they were printing USDT, the pair would fucking slip, arbitage would keep it at $1 for about a week, not 3 months or whatever fantasy you're deriving. arbitors dont have infinite usdc
tether are redeeming 1:1 for big dogs/exchanges, hence why its still at $1
Nice
I made a shitload of money. I frankly do not give a shit how legit tether is. I know i will profit off of it easily so long as they continue. If proved solvent all is good. If not, then i made a shit load while the game was good.
sit out and watch again mate.
*printing USD to pump
delet that
there's no volume on these pairs it's just arbitrage bots trading around the 1$ because both are trusted to be 1$
the moment the majority stop trusting tether is the moment this shit will slip hard
pic related in 2018 there was a tether panic and the btc usdt pair wicked almost 1k higher in the USDT pairs as peoples tried to gtfo of tether
Keynesian economics has been brought to crypto currencies. :^)
yes bitcoin has become the very thing it was meant to destroy
Believing that meme Internet money will pump during Global Recession is ultra retarded. Nobody wants your numbers on HDD. People buy real assets like physical gold.