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This will not end well
Dylan Collins
Brandon Roberts
NYAG just brought evidence against Bitfinex today. They're in absolute panic mode
Zachary Cruz
ooooooooooooooooo00000000000OOOOOOOOOOOO
Camden Roberts
Exit scam is likely in progress as we speak. They're buying up people's precious BTC with their printed monopoly token. Who cares if BTC crashes to $1k if they got their's for free?
Jeremiah Moore
Are we heading for another crash?
Angel Wilson
just a chain swap
Brody Martin
stop it youre all making me want to sell everything...
Brayden Barnes
Dude just sell all ur shit and buy link. Link cant be touched with this fake shit it will moon like motherfucking juggernsut after this tether clowning is done
Jordan Cox
>yesterday Tether printed more money
>bitcoin rallied up again
Why do you faggots care about this again? Just sell when you get a 5% or 10%, wait for it to correct, then do it again
Wyatt Rogers
>100,000,000 units of new currency have just been created
>don't worry guys, the price is staying the same!
who are the retards that buy into this shit?
Joshua Turner
>Link can't be touched with this fake shit
>there's literally a LINK/USDT market
What the fuck?
Blake Rivera
Literally no different than a casino making more chips. Tether is a placeholder, kys with this retarded fud
Benjamin Russell
100%
these retard fudding bobos will never understand this concept.
Nathan Perry
Yeah these threads are probably made by people who tried to short bitcoin and lost money.
If bitcoin's price was manipulated by tether like they say the SEC would have closed them down a long time ago.
Henry Garcia
This is bullish. USDT is backed 1-1 you fucking schizos
Ryan Rivera
All you faggots defending this remind me of the people who said Mt Gox was a non issue
Luke Gomez
Stfu fucking pajeet fudder.
Jaxson Wright
Damn the guy behind tether is richer than the world richest man.
Gabriel Barnes
the fuck is NYAG gonna do ???
you guys are "officially" offically banned from NY now. Heres a fine of a few million.
kek.
Jace Jackson
>SEC would have closed them down a long time ago.
Uhm, the SEC is owned by Jews. Jews don’t rat out on other Jews. Not until the scheming is over and everyone is safe then maybe they’ll have one fall guy who will then be transferred to a luxury “prison” and be provided sex slaves and anything on demand for entertainment for being a warrior for the cause of advancing international Jewry.
Adrian Sullivan
except the chips in play are a 1:1 representation of fiat player deposits. And the house isn't betting both sides with them, as here
Ethan Sullivan
What makes u think tether is not fucming dumbass low iq nigger
Kevin Torres
There is no reason to believe that Tether is not backed 1:1 with USD equivalents.
Anyone telling you otherwise is a huckster
Asher Ortiz
yes Tether is fucming gret. Till the band stops playing, and the adults turn off their Fantasy Treasury Printer, for fucking good. THEN, the entire crypto market will be fucming alright
Brody Martin
That's a possibility but an entirely different discussion. Creating more tether isn't indicative of wash trading
Gabriel Fisher
Na crypto is just learning how be like fiat
Bentley Wilson
The house doesn't actually need to create more tether to play both sides or wash trade if they are doing it on their own exchange. If anything creating more tether is bullish, as it shows they are taking in, or expect to take in more actual dollars and need more tether in play to account for it
Ian Ramirez
apples and oranges
Gavin Sanders
Yes
Jaxon Wright
this.
Colton Lopez
Yah BTC for BSV lmao
Nolan Ross
If Jow Forums can get Trump elected, can Jow Forums bring exchanges to delist tether please?
Benjamin Clark
He will be, if people are this gullible
Nicholas Hall
ETH for OMNI but I kek'd
Blake Thomas
Holy shit Jow Forums did not get Trump elected.
I know plenty of people who voted for Trump based on what they saw on TV and know fuck all about Jow Forums.
Imagine being this deluded.
Kayden Cooper
Thiiiiiiiis.
Are the other stablecoins at least submitting to audit? Is USDCoin any better?
Samuel Baker
no we r getting link to 1k, no time for that
Nathan Gutierrez
hey they're only alleged to have duped $700 million out of $900 million of their reserves after sending $850 million to a shady panamanian "company".
Sebastian Price
>am tether treasury
>print 100MM tethers
>send tethers to unknown wallet that is definitely not mine
>market buy btc with my free tethers
>transfer btc to coinbase
>market sell all btc for actual dollars
>bartsimpson.jpg
do you have a problem with our legitimate business operations?
Dominic Butler
ya, for bears.
these have been 100% accurate buy signals for the last 2.5 years.
stay poor schizo faggots.
William Gomez
centre.io
yes they are audited by a top 5 accounting firm confirming the peg.
Kevin Baker
That's probably why Coinbase allows them.
They know what's up with Tether.
Landon Long
could USDC even provide liquidity if everyone decided to switch to it instantly?
Austin Robinson
lmao who cares banks create money from thin air daily nuty somehow crypto is a scam when they do this
LMFAO
Go long BTC 5x leverage and hold for 6 months
Jack Murphy
Go outside and breath in the air, don't be afraid to care.
John Cruz
Cannot believe people like this is browsing this board with me
Jackson Martin
According to the accountant report they have about 333 million issued which is about 1/3 of the USDT market cap from what I understand. If more USD was added to the fund it would increase liquidity but to instantly replace tether would take several stable coins. There's about 91 million DAI issued right now. TUSD has about 200 million. PAX is at 150 million. There's several other stable coins out there but those seem to be the most adopted. USDS has a max supply of 5.74 million from what I understand. IDk about the gemini dollar and it doesn't seem to be listed too many places. Binance is supposedly launching their own stablecoin soon if you trust it.
Tether has the largest ammount issued by far but others are catching up and hopefully people start using them.