This shit is going to tank the market isn't it?
This shit is going to tank the market isn't it?
this was 2 months ago you stupid nigger
>oh its this thread again
oh NO NO NO NO NO
FUCK
If Bitfinex cannot prove their holdings, then expect a bear market similar to '14-'16.
No you fucking morons. First , you don't even understand how Tether works it seems . Second , What is market cap ?
Third , what kind of effect a 2/3 billion MC coin can have on a 500billion market in real terms ?
[excluding the effect morons like most of you can have for spamming the same shit over and over without understanding what the fuck you're saying ( not that much anyway ) ] .
Get fucked and go educate yourselves .
FUCKING RETARDS.
Hey bro , are you a paid FUDER or are you just retarded ?
big if true
lol
fucking IDIOT.
all the exchanges are treating USDT as they would USD, because they cannot get licenses to operate using USD.
normies think USDT=USD
do the math you fucking brainlet.
Old news ghet with teh program bruh
WOW what a RETARD. 500billion MC != 500billion money invested
Funny how nobody knew about this Subpoena until yesterday but everyone is saying "old news
Who the fuck told you that the exchanges are treating USDT as they would USD ?
evidence?
This. I can't believe how many people keep saying that bullshit "TETHER IS ONLY 2B MC!"
God damn it guys.
Hey fucktard , tell me , how much money (Fiat) has been converted to crypto so far?
Is there anyway of knowing it ? If not , give an estimation. if you don't have an estimation what the fuck is everyone ( including hedge funds doing ) doing? Playing on imagination?
Yes, it's going to slow the amazing bull run we are having right now.
Hey, you , you moron, what is Tether's MC? Or nobody knows? Does anybody knows how many Tether tokens exist( What is smart contract)? If no one knows this things, what is Richard Branson , Peter Thiel , you , the hedge funds doing? Playing video games ? Tell me , fucking retard . I'm waiting.
Or is it the case that the big players are just retarded like you, like they're playing some retarded video game with hundreds of millions ?
Or is it the case they're pretending and lying that they have invested in some cryptos?
people can slam "bitfinex'd" all day for his own failures...
but no one can verify authenticity of the backed USD nor the number of USDT tokens printed.
and that's why the market freaks out with tether fud.
it's a token for fools.
Please give me a rundown on how the whole thing works ( and it mechanisms ) in you head .
I'm actually running a research on low I.Q people and how their thinking works . So, if you could help me it'd be really appreciated . Thanks
No MORON , IT'S A TOKEN TO LOCK IN PROFITS YOU FUCKING RETARD .
> going to
> btc down 50% already
yeah wait wtf? 500B MC means 500B USD worth of fiat exists as cryptocurrency. so it kinda does mean money invested.
tether has 2B MC, and i'm pretty sure everyone has dumped it by now for actual fiat or into other cryptos. so only exchanges are holding 2B tether. if that disappears, only exchanges get fucked.
no other country cares about UNITEDSTATESDOLLARTETHER. there's no CNYT. tether can die and crypto would live on.
Listen , you must all be fucking teenagers who started mu trading with crypto and don't have a fucking clue about how markets and trading works . Get fucking educated you morons before spamming retarded shit everywhere ( to your own demise ).
FUCKING RETARDS .
If normies think USDT = USD then tether collapsing would cause BTC to moon, since people will try to exit tether at any price on tether exchanges resulting in BTC/LTC/ETH going up thousands of % as Tether goes to $0.
Do we have any evidence that this actually happened?
>yeah wait wtf? 500B MC means 500B USD worth of fiat exists as cryptocurrency.
That's not even a little bit what that means..
How are you so late to the news, OP?
WOW . Somefucking one got it ( at least a bit of it)
YOU FUCKING RETARDS
>btc to moon
and who will buy your usdt bags kek
Tell me smart ass, what does it mean? enlighten us please.
>Hey fucktard , tell me , how much money (Fiat) has been converted to crypto so far?
>Is there anyway of knowing it ? If not , give an estimation. if you don't have an estimation what the fuck is everyone ( including hedge funds doing ) doing? Playing on imagination?
>Hey, you , you moron, what is Tether's MC? Or nobody knows? Does anybody knows how many Tether tokens exist( What is smart contract)? If no one knows this things, what is Richard Branson , Peter Thiel , you , the hedge funds doing? Playing video games ? Tell me , fucking retard . I'm waiting.
wrong, the market is not rational and tether will actually be the safest bet in the dump to come.
the subpoena has no prospect of affecting Tether directly.
just the US government swinging its dick at crypto in general
could be deliberate FUD though, in that case, well played
That is why the price will go up thousands of % on tether exchanges, because no one will want to sell BTC for tether and everyone will be trying to get rid of their tether at any cost.
>Or is it the case that the big players are just retarded like you, like they're playing some retarded video game with hundreds of millions ?
>Or is it the case they're pretending and lying that they have invested in some cryptos?
I don't disagree... I'm just talking about the unlikely event that tether does collapse, but i think this is extremely unlikely.
>a glut of supply and no demand means the price will go up
>Please give me a rundown on how the whole thing works ( and it mechanisms ) in you head .
>I'm actually running a research on low I.Q people and how their thinking works . So, if you could help me it'd be really appreciated . Thanks
until the tether scam blows up. do you feel comfortable knowing one audit could make your tokens value plummet to zero overnight?
Well the price isn't really going up, is it? If you had tether and you saw tether going to $0 due to news of tether exit scamming, would you not try to get rid of your tethers at any price even if you had to buy BTC at $50k?
Nobody thinks this
Regardless, if Tether actually collapses I think it will result in BTC mooning. However, tether FUD can definitely cause the price to go down.
It doesn't matter . Tether is a drop in the ocean . Do you people understand that you're being played ? That bitfinexe'd guy is either a low IQ social justice warrior or he's as PAID FUCKING FUDER . how can you guys not fucking see the completely retarded arguments ? Im just in awe as to what the educational systems around the world have done to this late generations . Most of you cannot even perceive simple fucking flaws in a bogus argument. WAKE THE FUCK UP.
you know what, i'm glad dumbasses are in these threads because i actually looked up what market cap means and i learned something.
i used to think that market cap had to do with the cap, like how btc supply caps at 21B. but the market cap of btc is 16M meaning there is 16 million bitcoin floating around.
Are you a bot? I am not arguing this case at all, i agree with you lmao.
Bintfinex and Tether kept a secret until it was leaked yesterday. In the meantime they printed 1.5 billion dollars of monopoly money as a final exit pump and dump.
hahaha natural language processing isn't good enough to mimic this kind of rage. at least he's right and it's not another brainlet foaming at the mouth
Almost there. Except BTC IS NOIT A COMPANY .
BTC structure represents MONEY LIKE THE USD NOT A FUCKING COMPANY
lol listen to what you are saying you fucking idiot
chill. i never said any currency was a company
>This shit is going to tank the market isn't it?
It is currently tanking the market. Where have you been?
>I'm emotionally invested in a fraud that's collapsing *rabble rabble rabble*
BUT NO. BTC's market cap is how much money (fiat) it represents . The whole market cap of all coins , let's say is 510 billion now, that means AROUND 510 billion have been converted from FIAT to crypto. Now, lets take ETH MC individually, it is around 110billion , that means that out of the 510 billion which have been converted into crypto , 110 billion have reached ETH tokens, independently if it was converted directly on coinbase or was converted ( bought ) with some other token which was bought with some other . THE POINT IS , A 510 BILLION TOTAL MARKET CAP MEANS 510 BILLION WORTH OF FIAT HAS BEEN CONVERTED INTO CRYPTO.
> WHY ARE FUCKING BANKS PISSED ?
> BECAUSE THE FIAT HAS LEFT THEIR ACCOUNTS , AND THUS , THEY CAN LEND LESS MONEY OUT.
GET FUCKING EDUCATED .
>bitfinexed
You do know that it's scisophrenic ginger kike, right?
Are you a kike lover?
ALL OF YOU .
AND, STOP FUCKING SPAMMING AND REPEATING EVERYWHERE THE SAME FUCKING BULLSHIT YOU SHITHEADS DONT REALLY UNDERSTAND .
I quit anyway. But see , its fucking retards like that that are the problem. I am actually starting to think that regulation should come down hard in order to prohibit children and clueless morons from getting near money markets.
YOU FUCKING SHITHEAD. I've never actually converted into tether. I convert into Cash . IT DOESN'T FUCKING MATTER. WHAT MATTERS IS RETARDS LIKE YOU SHOULD BE PROHIBITED FROM PARTICIPATING IN GROWN UP MONEY STUFF.
GET FUCKET RETARD.
Bitfinex doesn't operate in US, they don't have to prove shit. The US regulators can shit themselves, they can do nothing.
>THE POINT IS , A 510 BILLION TOTAL MARKET CAP MEANS 510 BILLION WORTH OF FIAT HAS BEEN CONVERTED INTO CRYPTO.
that doesn't contradict me. if the eth is used to buy other tokens, that eth still exists. it just changed hands. chill the fuck out, you're tripping over your own nitpicking.
This is you:
youtube.com
Emotionally invested in a fraud and projecting the blame onto the messenger.
I AM FUCKING FOAMING AT THE MOUTH WITH THIS FUCKING INBREAD MORONS. Good for you you understand .
Yeah nah. The US doesn't accept that as an argument.
this is just wrong
anyone who believes this deserves to lose money
>no argument
Okay, kiddo. Does you mom even know you are browsing a 18+ site?
If you're angry now imagine how angry you'll be once it all collapses and you didn't take the opportunity to cash out to fiat when you were warned.
I can spend 100 dollars to pump a market cap by 10000
China doesn't accept US at all. They don't even have extradition policy with the US, so US regulators can go fuck themselves even if Bitfinex turns out to be a fraud.
NOTHING WILL HAPPEN YOU FUCKING LOW I.Q INBREAD BRAINLET ( except a little more than it should BECAUSE OR FUCKING RETARDS LIKE YOU )
Kid, stop posting. you are embarrassing yourself.
See argument hereTether is monopoly money used to purchase and inflate Bitcoin on the false premise that it is real fiat. Regulators are about to crash the show with NO SURVIVORS.
OH , CAN YOU ? DO IT THEN YOU FUCKING RETARD . LET'S SEE IF THAT WORKS INBREAD PAJEET.
This.
Please calculate the fee earnings of bitfinex and think again
>being this retrarded
>trusting a crazy kike on twitter
>being an underage brainlet
Right, just calm down, kid.
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
How deep in the hole are you already?
The power of positive thinking will save Tether, Bitfinex & Crypto! If we all believe Tether is worth 1 USD and the 2.25 billion it pumped into crypto prices was real then it is!
I'M GONNA HAVE A FUCKING HEART ATTACK. HAVE TO GO BEFORE I START FUCKING BREAKING THE HOUSE.
BET FUCKED MORONS.
Yes, okay you are right. Tether is a fraud, just calm down. Shhhhh. It's going to be okay, just take your pill and take a deep breath.
The FUD will undoubtedly continue to bore the fuck out of us all.
Can't wait for Bitfinex lawyers to tear that cunt apart
UNSLESS THE FUCKING INBREAD RETARDS START USING THEIR FUCKING BRAINS. OH, WAIT , THE MOTHERFUCKERS DON'T FUCKING HAVE ANY.
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHGHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
The dates Tether printed 1.5 billion USDT of monopoly money after receiving the subpoenas are objectively verifiable. What's your argument other "I'm emotionally invested in a fraud so all counterproofs must be wrong because they upset me"?
Right, right. Just calm down. Take a deep breath. We all understand. There is no reason to be upset.
You have been warned. If you stay in now YOU ARE THE NIGGER
THEY SHOULD PUT THAT GUY IN FUCKING JAIL . FUCKING DECEIVING LOW I.Q INBREAD MORONS IS AN REPULSIVELY COWARD ACT.
bro please stop raging this hard
you look more retarded than any of the other people in this thread
Lay of the cocaine man, that will kill you
>no arguments
Yawn
Don't emotionally project your anger at veing comned onto the messenger who saved you. Focus on the source of your pain, the Tether printers who caused a bubble and propped up their dump at your expense.
Literally no one cares about your crazy talk. Not a single person in the world. Just calm down, it's going to be ok.
The recent dip is because India banning Bitcoin.
Just calm down and take your pills.
>no one cares
Yeah nah
You are alone in this thread. You are alone on this board. No one cares. We just want to stop you from spamming our board with your crazy talk, that's the real reason people are upset.
Just calm down, everything is going to be ok.
Why would tether be a scam? The whole conspiracy is so fucking stupid. Bitfinexed is going to get raped in prison every day for years. Serves his weak hands right.
Don't answer to him, please. He will keep posting his tinfoil shit if you do.
Ignorance is going to make you incredibly poor
already went full fiat ... i'll buy lowest dip of the crash ... if it doesn't crash it would be even more worrisome ... having your investment sit upon a ticking time bomb - only dumbfags would be ok with that
ITT. retards who believe 500b marketcap means 500b invested into the crypto market
It's ok. Why do you care about what other people are doing? No one really cares. You look like the homeless guy on the street screaming about the end of the world. Just calm down, no one really cares.
Keep spreading FUD tards, good luck with audits coming from US when bitfinex and tether is from other part of the world you dumb fucks