Anyone that knows how deep this rabbit-hole goes won't touch Bitcoin with a ten thousand foot pole

Fun facts:
Tether head has archived bitcointalk thread trying to start a HYIP ponzi

Tether website and whitepaper go out of its way to explicitly state tethers arent legally backed by anything and they dont owe u shit if theres losses

Tether and bitfinex share ownership

Bitfinex hack was fixed by selling traders "equity" in the company. Bitfinex encouraged the traders to sell their equity to other investors, aka find a greater fool

The "audit" was a memo, not a formal audit, built solely from documents provided by tether only. The auditor has been in legal problem before for shady practices.

A formal audit, which was to be conducted regularly per whitepaper, has never been done.

Tether has no official bank behind them. They cant name it

Tether said an announcement to recent fud is coming. It never came.

Save this copypasta for the day of reckoning.

Some links I pulled together last night.

Tether Hack

coindesk.com/tether-claims-30-million-stable-token-stolen-attacker/

medium.com/@michaelx777/is-tether-being-used-for-money-laundering-34b29fdc2b74

Tether, The Business

medium.com/@michaelx777/tether-drama-continues-cfcd59749a3b

medium.com/@bitfinexed

apolloslater.com/tether-collapse-scenario/

archive.is/SUMJF

news.bitcoin.com/paradise-papers-reveal-bitfinexs-devasini-and-potter-established-tether-already-back-in-2014/

Media Attention

bloomberg.com/news/articles/2017-11-21/tether-theft-isn-t-the-first-controversy-for-cryptocurrency-firm

mobile.nytimes.com/2017/11/21/technology/bitcoin-bitfinex-tether.html

thestar.com/business/wealth/2017/11/25/another-large-bitcoin-exchange-draws-warnings.html

Curiosities

cryptovest.com/news/whats-going-on-with-tether-15-million-omni-tokens-failed-to-transfer/

medium.com/@mathias_61938/the-man-behind-the-curtain-81ecf49fa339

cryptovest.com/news/tethers-printed-while-site-blocks-login/

cryptocoinsnews.com/bitfinex-goes-maintenance-mode-bitcoin-price-hits-time-high/

Related

voxeu.org/article/price-manipulation-bitcoin-ecosystem

cointelegraph.com/news/bitfinex-struggles-with-money-withdrawal-community-observers-predict-mtgox-scenario

cointelegraph.com/news/breaking-news-bitfinex-fires-us-customers

news.bitcoin.com/bitfinex-to-terminate-services-to-us-retail-customers-by-november-9/

Short BTC with leverage?

What's the worst that can happen? Crypto crashes and normies lose money?

Please don't tell me any of you paid more than $100 for Btc. This is literally hold the game.

Ooh, you're in on the secret knowledge. I'm sorry, I thought you were an ordinary dipshit. I didn't know you were one of the chosen. Please enlighten me.

meant for heheh

You can basically predict bitcoin rising if you look at tethers being issued. Look at

youtu.be/7LE7NaOyRUo?t=4m23s

And now it's probably about to rise again. Tomorrow it might skyrocket

SO essentially, just hodl thru the losses, and don't ever put my shit in Tether

Pretty sure they have been selling alts from fees to tethers mayne you should stick to stocks where you can cry and complain to big brother faggot

I have seen anything that has convinced me that it's really as significant as you people have been blathering on and on about for weeks now. I just see bullshit, in every direction pretty much lol.

* haven't

I seem to be having a posting disfunction, maybe it's time to quit for a while. bye.

BEST PONZI OF MODERN TIMES

Hats off Internet kikes

Game of chicken is about to hit the cliff