What the fuck is this?

A bank maybe?

are you peoples fucking blind ?

'invalid'

Sure thing

yeah it's invalid faggot, the transaction was rejected
some retard tried to transfer none existent coins

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Thanks.

/thread

>Looking for a work around

Someone is up to some shady shit. I’m willing to bet the Big State actors are about to buy

this was the 46 billion they were gonna use to pump bitcoin to 100k it was supposed to be dark tether printed though and sent to exchanges using blockstream liquid. the charts never lie. source = dude trust me

Not sure why it’s invalid. It’s some shady shit

>not sure why it's invalid
>Reason: Sender has insufficient balance
you know, it's ok to be retarded, but I'd suggest you sit out of most conversations.

Thanks fren. Maybe consider why they posted it in the first place (like this was planned)

Maybe consider why they said: “We are looking for a work around.” It’s shady shit nigger. Like they have been planning on transferring large amounts of cash for awhile.

Stupid nigger

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The work around they're looking is hiring developers that aren't from India. The omni explorer, unrelated to whalepool, literally says that the sender has an insufficient balance to send 40+ billion usdt.

People that can't fizzbuzz shouldn't be allowed to post here ffs.

I'm thinking about thos Pumps

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46 billion?? that can't be right

You're not the sharpest tool in the shed, are you?

the total tether market cap is 4 billion usd... what sort of craziness is thins someone fucked up again the magnitudes?

Somebody got high and is playing with numbers without realising, why are you all so excited about this hahaha

lol an "error". They knew exactly what they were doing. This was a desperation move to get the bots to buy as much as possible and change the TA. Last ditch attempt to keep btc from the big dump.

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get back to work, paolo. tether aint gonna print itself.

Tether is backed by more actual money per dollar than the number in your bank account.

isn't it just backed by numbers from bank accounts and only partially?

It is backed 70% by USD. The banks in the United States, by law, are only required to keep 10% fractional reserves most of which is measured in fractionally reserved money owed to them by other banks. Tether is just a real as any other digital representation of the US dollar, if not more real.

>It is backed 70% by USD
actual paper bills? nigga you can't be serious here. it's backed by wires and only 70% so it1s only 7% backed by actual dollars as per your retarded definition.

>It is backed 70% by USD
no it's not ffs, this number was calculated back in April when they had to admit losing 800M and there was 2.5B USDT, they NEVER proved to have the backing for the remaining 1.7B USDT. since then they printed 1.5B more
there's a lot of evidence USDT isn't backed at all and there's ZERO proof it's backed by anything

i always said asset backed crpyto is snake oil bullshit worse than fiat money.
nobody ever listens.

it's backed by nothing, they can print as much as they want period

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Banks(and Tether) do not operate on physical amounts of money. They operate on what they call “assets” and “liabilities”. An asset is something you own OR a debt you are owed. A liability is a debt that you owe someone else. A bank in the United States can, and does, lend out the same asset 9 times. Tether only prints 1.42 tether per asset(USD). Moreover, Tether does not own the USDT in your wallet. It is YOUR possession. The number in your bank account is just a liability on the banks part. A promise to pay you x amount of money upon request. A promise that CAN be broken in certain circumstances.

you still don't get it... by your own definition tether is backed by made up asset that is only 10% backed and thether is only 70% backed by the only 10% backed made up asset. this is where your own logic leads.

The part you are not getting is that the tether is in your possession. The receipt your bank account gives you is the amount of money in the BANK’s possession that they say they will give you if you ask. If everyone were to withdraw their money from said bank, only about 10% of them would get it, and they wouldnt get all of it right away. The tether is YOURS. So, owning one USDT is like owning 70 actual pennies that can be traded for $1. “Owning” one dollar held by a bank is like owning 10 actual pennies that can be traded for $1 EXCEPT in certain circumstances. Owning a physical dollar bill is owning $1 of fiat money, whose value is pretty ephemeral anyway. Owning gold is owning actual valuable assets. So, in case that STILL went over your head, it goes like this.
In terms of “realness” of wealth, assets would be ranked in the following fashion.
$1 in a bank < one USDT < $1 bill < $1 worth of anything that isnt fiat

tether is meaningless nigga it's an asset backed crypto it's only worth what it is backed by (basically it's an iou on an iou) when push comes to shove. if every tether is only 7% backed by actual value then it's the worst fucking shit since fiat money was invented.

Yes it’s powered by frens

Any asset is worth exactly what the market is willing to pay for it. In the case of USDT, its worth $1 give or take a few pennies. It is more “real” than the number in your bank account because it is in your possession, and it is backed by more imaginary value than the number in your bank account is. Game over brah, you lost.