Tether now prints $100 million DAILY to delay the doom of Bitfinex:

> Tether now prints $100 million DAILY to delay the doom of Bitfinex:
> stockemperor.com/currencies/tether-now-prints-100-mln-usd-daily/

January 4 – $100,000,000 USD
January 14 – $100,000,000 USD
January 16 – $100,000,000 USD
January 17 – $100,000,000 USD
January 18 – $100,000,000 USD

Other urls found in this thread:

steemit.com/cryptocurrency/@fortified/brock-pierce-or-is-billionaire-bitcoin-board-member-founder-of-tether-and-alleged-pedophile-a-covert-cia-asset
sec.gov/news/public-statement/joint-statement-sec-and-cftc-enforcement-directors
twitter.com/NSFWRedditGif

As it should be

Tons of big money is pouring in right now. shit is about to explode in the coming weeks in a good way.

steemit.com/cryptocurrency/@fortified/brock-pierce-or-is-billionaire-bitcoin-board-member-founder-of-tether-and-alleged-pedophile-a-covert-cia-asset

It's the new PAARAAADIIIMMEEEEEEEEEE!!!!!1

But SRSLY though, this just means people don't want to cash out, but don't want to risk being in crypto either.

Unlike the FED, tether is not literally printing the money (at least not openly) but they create it when it's backed. IDK when it's destroyed really, because IDK where to redeem USDT.

Wow. You're going to lose everything

>this is virtual money! It cantbe printed willy nilly
kek Tether is literally trash

It's likely backed by their stock of crypto coins, no company can have billions sitting around doing nothing.

If crypto dies so does tether

Tether is the new FED

"quarantined" tether

salty virgin nocoiners are afraid of chad tethers.

FEDther

BITCONNNNNNNNNNNNECT

long future contracts expiring on jan 24? expect a huge run up in the last 1-2 days before they expire.

Quantitative easing is okay when we do it

holyfuck i cant tell if its fud anymore...
how many times do we have to say it?
tether is minted by demand....
yes there are people with more money than you, how is this hard to understand?
usdt is a hedge without paying tax on cashouts.
holyfuck i give up

Remember there will be a community audit on February 6th. Cash out your Tether before that date or not at all.

why, user
why did god make you such a fucking retard

FUCK THE FED, PRAISE TETHER

We disconnected from the reserve now boys

Actually, I think they're printing it based on demand, i.e., when people want to pull out and into USDT. It's not like they print USDT and buy Bitcoin with it to prop up the price.

all in tether, this shit is going to explode

>If crypto dies so does tether

thank god it's not the other way around amirite

>usdt is a hedge without paying tax on cashouts
this may work in other countries, but in the US every trade is a taxable event that must be reported.

Do you know the contact address of the company behind Bitfinex or Tether?

>It's likely backed by their stock of crypto
So basically it is housing bubble 2.0

If it's working then what is the problem?

ayy lad. fight fiat with fiat.

IN TETHER WE TRUST

More demand = more tokens. Really crazy shit.

What happened to the real Veeky Forums board? Degenerated brainlets

Those who live by the fiat, die by the fiat!

Except it can't pop unless the dollar pops lmao

the fed literally prints free money, it just doesnt buy stuff n the open market with it directly

>unless the dollar pops
Yeah hahah that will never happen haha

This image is so fucking funny for some reason

Dude.... the volume of fucking trades the past few days has been fucking insane. Meaning bitfinex has made an INSANE amount of money, meaning they can print as much tether as they fucking want

Tether memes are best memes

Exactly!

Tether is about to get fucked in the ass by the US government.

>Joint Statement by SEC and CFTC Enforcement Directors Regarding Virtual Currency Enforcement Actions
>"When market participants engage in fraud under the guise of offering digital instruments – whether characterized as virtual currencies, coins, tokens, or the like – the SEC and the CFTC will look beyond form, examine the substance of the activity and prosecute violations of the federal securities and commodities laws. The Divisions of Enforcement for the SEC and CFTC will continue to address violations and bring actions to stop and prevent fraud in the offer and sale of digital instruments."

Expect a Bitcoin crash shortly.

sec.gov/news/public-statement/joint-statement-sec-and-cftc-enforcement-directors

...

10/10 fud

looking at the smug pricks in here, I can't wait for usdt to crash. idiots simply don't deserve sympathy, can't cure stupid. getting kicked in the balls has always been the most effective way to learn.

No one knows how this shit works
People want to tether up so they have to print more tether