>tether burns 220m USDT
>biggest burn ever
>USDT burns preceded every crash in BTC price since 2017
uhhhhh guys
Tether burning a bunch of USDT
Kevin Gray
Bentley Flores
Does literally nobody have anything to say about this? A whole bunch of BTC hodlers might be about to get fucked if it's true.
Joshua Sullivan
is literally bullish you imbecile. it means each tether is worth more now there is less - its simple supply and demand
Colton Lewis
Minting is bullish. Burning is not.
Dylan Gutierrez
Are you actually retarded. If there is less tether, each tether is worth more. Holy shit I hope you are trolling. You embody the meme 'these are the people giving you advice on biz'.
Asher Thomas
are you retarded? it pumped 4 times "after burns" and dumped 4 times "after burns"
then the topper is they throw the down arrow on the latest one when nothings happened yet. why would they do that?
if your outlook on BTC is a news article then i suggest r3ddit/cryptocuckoldry
Ryder Jenkins
yes
Jack Walker
jej
Jayden Carter
It pumped after minting, you fool. Those are up arrows. The burns are the down arrows.
Zachary Russell
holy fuck I'm going to go all in when bitcoin hits $2k
Sebastian Hernandez
If you believe their story about how they print with anticipated demand it means that they overestimated their demand. That’s a pretty bearish signal; they deleted two days of prints. Moreover, futures for tomorrow are red and btc has been dumping with the stock market. I think a dump is on the horizon
Juan Wright
When is BTC hitting 2k?
Gavin Reyes
within the next week hopefully
Zachary King
Nice bait
Jackson Ramirez
they print tether to buy bitcoin, then they sell it higher and burn/repay it. it will drop because tether isnt supporting the price anymore. its a scam
Alexander Davis
proof? looks the same on cmc. i forget where to find the most up to date mc
Elijah Murphy
tether burns are one of the best indicators of market dips
Connor Ross
Holy shit. I cannot believe how dumb you people are.
If there are less coins, each coin is now worth more. This is bullish for crypto you jackass.
Nolan Price
Ryan Diaz
you're new here aren't you?
Thomas Brown
Clearly you are. Go back to r*ddit.
Liam Parker
Ayden Campbell
Niggers like AltCoinDaily are trying to convince his followers the bull run is happening... :/ Explain it to him on his youtube channel...
Dylan James
Well i should have some money to buy more so all gee.
Grayson Rogers
wow a whole month later gee whiz. im sure is also hailed in tether HQ and that hail also had something to do with the price drop.
i also put too much sauce on my burger 3 months before that drop, and a fortune teller told me that great harm was due to come in the remainder of my life. she must of been talking about btc crashing a bit a month later.
tether burning is bullish, the price goes up every time.
Colton Sanders
Holy fuck you're stupid
>tether burning is bullish, the price goes up every time.
>replying to pic of tether burning and then BTC immediately crashing to its lowest low in 3 years
Zachary Harris
Yeah sorry muscles I didn't know I was replying to him but you can take a long walk of a short pier anyway. Don't message me on here again jackass.
Julian Taylor
William Perez
yep. it's pretty clear we're heading for $2.2K or lower. Only UND will survive this bloodbath.
Easton Sanders
Jesus, it really looks like those fuckers crash the price. I guess we'll know if there another 200m USDT burn in the near term
How about a more up to date chart?
Brandon Bailey
Some whale cashed out? Who knows when he sold for Tether but I don't see why it would affect the price now.
Jackson Davis
It's not a transfer though. Tether straight up deleted 220,000,000 tokens