> they literrally printed 24 million tethers to stop this dip

>> they literrally printed 24 million tethers to stop this dip.

omniexplorer.info/lookupadd.aspx?address=1KYiKJEfdJtap9QX2v9BXJMpz2SfU4pgZw

Other urls found in this thread:

medium.com/@bitfinexed/are-fraudulent-tethers-being-used-for-margin-lending-on-bitfinex-5de9dd80f330
en.wikipedia.org/wiki/Gaslighting
aqwsed123.blog.jp/
twitter.com/NSFWRedditVideo

Absolutely fucking incredible. This will go down as one of the biggest scams of all time.

I'm not convinced by this conspiracy theory, but it is a bit odd that there hasn't been any major crash since 'china is banning bitcoin' and even that wasn't that major.

what the fuck is 24 million in the crypto world anymore?

how do you know someone didnt buy tether for this?

theres a lot of maybes in your statement

Lies. OldfagBiztard and his BTC marines stopped the dip.

>retards panic sell because of a single ass hurt faggot on twitter who cashed out at 1k
>the dip is bought
huuur

I bought 0.7 BTC today during the dip personally.

I bet you think there's actually 220 billion dollars in crypto too.

start adding all the Fiat in the world + tether. 24million a drop in the ocean.

>> bitfinex
>> print 24 million dollars
>> send to market
>> leverage 5x
>> wash trade the leveraged "USD" 5 times.

Congrats that is $625MM volume you have generated to pump BTC

show me that happened, im actually curious.

>bitfinex leveraging their own funds with their own funds
the fuck am i reading???

Its a big claim but entirely possible.

medium.com/@bitfinexed/are-fraudulent-tethers-being-used-for-margin-lending-on-bitfinex-5de9dd80f330

Ill look for more sources but it is pretty simple to execute.

As they wont released their audits the burden of proof is on them as they are claim they posses all money linked to tether.

I don't actually see any tethers getting printed in that address?

Freshly minted tethers come up as "Grant Tokens", not "Simple Send".

No dickhead. Answer me.

How is bitfinex going to use their own funds to leverage their own funds?

Okay, so where did all the tethers come from? Care to explain why people would keep tethers in a fucking wallet? They dont go up or down in value. ZERO reason to keep them in wallet. BUY COINS and put COINS in wallets.

Hurr durr
Make fake money
Put on exchange
Leverage against these "USD" cause they fucking own the exchange.
Buy Bitcoin until they are happy.

QE u moron

these people dont even know the definition of leverage. Why bother

so where are they getting the 5x leverage from? their own pockets?
do you even understand what youre saying?

I imagine that these tethers have come from users, who want to get out of Tether, buying BTC with their tethers on Bitfinex.

I'm new and really don't know what it means. please explain

Margin lending. You are the dumbest faggot i have ever met on this board. Go read the article I posted. Maybe you will learn something.

tether actually has $0 value, they just promise to back it by $1 USD (unenforceable) so they can just request more tether whenever they want at bitfinex and leverage however much they want to manipulate the BTC market. they could request $250M worth of tether tomorrow and trade it all against BTC. They have infinite leverage

HOW THE FUCK DOES BITFINEX MARGIN TRADE AGAINST THEIR OWN FUNDS YOU DENSE CUNT.
HOLYYY FUCKING RETARDED DUMB MOTHER FUCKING PIECE OF SHIT GET OFF MY GODDAMN BOARD

>tether actually has $0 value
Just like every other single coin on the market right?

>They have infinite leverage
Holy fuck another fucking brainlet. Get the fuck out and dont come back.

dude you're confused, they aren't "their own funds", they're just peoples funds being held on their exchange, they don't "own" those funds, they're holding them.

So they aren't leveraging against "their own funds", they're leveraging against "THE MARKET" with holdings that happen to be on their own exchange, do you understand this?

>Just like every other single coin on the market right?

I don't mean it the same way people talk about how "no coins have value", I'm saying there's literally nothing at all behind tether other than "the promise" to value it at $1

nothing inherently makes it worth $1 besides exchanges saying they'll honor it at that price, but they don't have to.

Hey NSA, mad you can't stop bitcoin and rely on muh tulips muh tether conspiracy theories to try to undermine the biggest threat to jewish banking?

Get mental help.

dude why are you so mad? can you not even consider the possibility that this is nothing but a house of cards?

The funny thing is they can monitor when the short posititions are adding up and short squeeze them to pump the price up even more.

There's no way of knowing how much of these bullruns are caused by bitfinex. It might be a stupidly small amount, if it was only $30 million.
But there's plenty of reason to keep your money on a more reputable exchange, Bitfinex is sketchy as fuck. and stay away from tether.

Get mental help.

Try and explain how bitfinex is able to inject a total of 625 million into the market in a single day when their usdt/btc pair only sees ~500 million usd a day volume.
Because clearly something is missing here.... You brain dead cunt.

uou paid shill faggot. inb4 muh audit. ill be laughing imagining your face when it turns out theres no backing (how they holding others money when no reputable bank will back em? wells Fargo fucking dumped them, they are blacklisted)

try not to neck yourself when it all becomes clear

en.wikipedia.org/wiki/Gaslighting

Get mental help with the NSA paycheck they manage to give you.

>muh tether
>muh bitcoin is tulipmania

get mental help, five-eyes.

>paid fudder callign anyone else a shill
We had days and days of bch shills. They all vanished. Then BAM! here comes thread after thread after fucking thread about muh tether scam.

We arent buying it. Kill yourself pajeet.

They are just rough numbers.
You also realise there are also many other exchanges they can dump their USDT. Which they do.

Get mental help five-eyes and/or NSA shill

>entire point of bitcoin is to get away from federal reserve that can print any amount of USD and can't be audited
>entire point of bitcoin is to attack anyone who questions Bitfinex who can print any amount of Tether and can't be audited

Ive really had it with this board full of idiots. Chasing pump n dumps, defending obvious scammers, conspiracy retardation...
>bitcoin threat to jewish bankers
They could simply buy a majority stake with their printed fiat idiots.
>tether not a scam
Jesus christ how many red flags do you fags need.

Paid for Nsa shilling on Veeky Forums during price weakness in attempt to further cause crash, failed miserably, NSA now butthurt, floods more

or maybe the flooding is because people realize how fucking sketchy tether is.

seriously what do you have to gain defending bitfinex/tether? you really think the fact that they can request infinite tether is a good thing? how braindead are you. you're the only NSA shill in this thread

Of course goyim it's all organic tether is just like the fed and bitcoin is tulip mania

tin foil hat checking in

no it was blatantly obvious the spamming only started agian when everything recovered, finexed plan didn't work so the nsa hired shills returned to biz

Everyone o this board is an NSA jew except you.

True, want to see my dick since you'rre a faggot?

I am so fucking sick of tether and their scams.
picture related. everyone should look at it

>muh bitcoin is tulipmania
>muh tether is the fed goyim sell all your bitcoin just buy jp morgan

no one is attacking bitcoin you retard. it's the fact that bitfinex is using tether to aritficially inflate the price of btc. were literally on the same side

...

>muh bitcoin is tulipmania
>muh tether is used to inflate bitcoin goyim it's all artificial

he is defending the current price of bitcoin kek. he would probably shoot you in person if you said its price is heavily propped up by tether.

So... They're trading? Like what you do with your bank, the Tether you get from your dollars, the bitcoin you buy with it, and the USD you get back after you trade well, and so-on?

Those bastards.

u seem extremly triggered. cant u accept that dinosaur coin is manipulated?

>obligatory NSA asshurt begging the bad goy to silence himself

strange because you're the one on the verge of snapping and shooting people once your tether conspiracy horseshit continues to NOT MATTER AND BITOCIN GOES UP MORE nigger

you just lend yourself a whole lot of numbers banks do it all thr time

>muh tether is the fed
>bitcoin is fake because of tether
>tether can't be used for any other coins

Fuck off NSA

kys dude. u are a really delusional fag

if I was really NSA there'd be a black ops death squad en route to your location right now to put you down

he can't accept the possibility that he may have sunk this much money into a market that was this overbought

it would be like if your bank could produce monopoly money at will and use it to loan out to customers, but only accept payment in $USD

its next level, it's not "just trading" and it's much worse than the US Treasury printing money (which is bad as well), because it's unregulated and unrestricted. They can literally produce infinite tether with no oversight and buy BTC with it when BTC is at a lower price, forcing BTC to gain value in the short term (due to their own multi-million dollar buy walls on their exchange) and then re-sell the BTC for a higher value.

It's like they've created their own arbitrage machine where they have the ability to produce infinite of one of the currencies for free. Do you understand now?

dude you have made it clear in this thread that, right or wrong about the tether issue, you are the one who actually needs mental help.

>it would be like if your bank could produce monopoly money at will and use it to loan out to customers, but only accept payment in $USD
This shit is going to destroy crypto. The conventional banking sector learned this lesson a long time ago, that's why we have central banks.

They're the hero we've got but don't deserve

Not all heros wear capes, the same who kept us up during the bcash drama

butthurt NSA begging for the blood of le bad goy

>le you're crazy for noticing this desperate NSA fud

MUH BITCOIN IS VALUELESS ALL OF IT COMES FROM TETHER GOY SELL ALL YOUR BITCOINS!!!!

BITOCIN IS TULIOP MANIA TETHERS ARE THE ONLY REAOSN BITCOIN IS GOING UP GOY SELL YOUR BITCOIN I PROMISE WE ARE ALL REAL ANONYMOUS USERS

What is wrong with you? If BTC plummets you're the type of guy that Im sure would be on suicidewatch.

search help. I hope u lose all ur money. u really deserve it

>They're the hero we've got but don't deserve
They're the hero we've got but doesn't have the reserve

paid money by intelligence agencies for this pathetic FUD and hapless response

lmao

seek therapy

Wow man I agree tether is just like the fed and bitcoin is tulip mania and only goes up because of tether

its exactly what the fed does tho, usd is monopoly money.
this shit will destoy any economy eventually. it just takes a long time to get there

I agree man bitcoin is tulip mania and tether is just like the fed

start with 7 mil
create 7 mil tether
buy 10,000 bitcoin at 700 tether each
sell 10,000 bitcoin at 1000 USD (not tether each)
have 7 million USD, plus 10 million USD

Now if you do that in USD:
have 7 million usd
buy 10,000 bitcoin at 700 USD
sell 10,000 bitcoin at 1000 USD
Have 10 million USD

See any difference?

haha i agree man bitocin is tulip mania and only went up because of tether

。+。゚нёlloヾ(≧∀≦)ノ――。+。
Please search 「EA development factory of SuperJunior」
We develop and publish EA (automatic trading tool) of FOREX.
aqwsed123.blog.jp/

Literally only you have suggested that. You are displaying symptoms of schizophrenia. I'm not joking.

>muh tether is the only reason bitcoin is going up
>i-i'm not trying to imply tether has an effect on the market, I'm just stamping my feet and creating a thread or a dozen threads a day about it to try and convince people about it's massive negative effect!

Get mental help cunt. maybe I'm tired of seeing your weak ass tether bullshit every time bitocin hits a new high, nigge rlover

he is either a committed troll or severely mentally ill

either way i suggest everyone just ignore
>ID: KxpMon8o

USD is backed up by the US Government. If you try to bring it down, you will be the victim of a coup, invasion, or assassination. Crypto is backed up by inertia.

>i-ignore him that'll kmake my hollow conspiracy theories and whiing about bitocin going up be more credible

Get a psychologist. Or suck my dick. Make a choice, cunt

also maybe if you NSA would go buy a Veeky Forums pass you wouldn't be getting talked circles around by a kid with nothing to lose except time blowing you retards out

>m-muh tether is moving the market
>i-i'm not suggesting it's actually effecting it though!!

At this point I'm just going to assume that you are talking to yourself. I know you're not engaging with me.

Why would I talk to a subhuman who works for intelligence agencies? I'm just enjoying you waffling and begging people to give creedence to your bullshit conspiracy theory

>muh tether is moving bitcoin higher
>muh crypto is worthless!!

i bet you're a retard

you've been shilling tether for 6 hours, do you really think your insane ramblings are making any difference

Obviously since you're asshurt enough to continue begging people to lend an ear to you poisonous whispering

>normies flocking to crypto
>bitcoin at ATH
>at the same time a token used to exchange dollars for crypto sees a lot of volume
>it's the jews!

HOLY FUCKING SHIT THE JEW (((BLOCKSTREAM))) TROLLS ARE PUSHING THIS NSA SHIT COS THEY ARE ALL PAEDOPHILES AND IN FACT THE CIA ARE THE ENEMY

hahahahah stay asshurt NSA

I'm not fucking NSA you Jewish cunt. We are onto your tricks though.
>What is D.A.K. 2k16

I swear ppl defending tether and bitfinex are the fucking brainlets who bought into BTC just recently, LMAO. It's better for the whole crypto market to deal with this bullshit ASAP so we won't have to worry about it when BTC will be worth much more than now.