There is no chance that Bitcoin will stop pumping

The Tether Jews literally pump it up forever, just because they know that people think it will pump.
So we go straight to a new ATH, just to fuck people up and to create new bagholders.
Welcome to Clownworld 2020
I am going to kill myself now

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*Because they know that people think it will dump

Thanks, just shorted.

>*unintelligible* goddamn tether motherfucking- *unintelligible* -nosed grabbling fucks

You will lose
I am short as well
And I always lose

Checked. Shorted from 7500 here.

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WHAT THE FUCK DOES TETHER DO? I don't get it? People buy tether...why?

You had ELEVEN FUCKING YEARS retard.

>2020
>still thinks tether is a scam
>why do I always lose?

That is the beauty of it! Is no longer u to us. There are people in it now are not little plebs like us. And they do not care what you or I have to say :>

> bitfinex own tether and all the other tether exchanges are in on the scam ( binance huobi etc )
> they print tether out of thin air
> sent it to the exchanges
> use it to market buy and stop dumps

What will it be Sun 12:00 UTC?

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livestream it you stupid bobo faggot. Eat shit

Propaply $12k according to my luck
I was waiting for a retrace to $8k or so
And it will propaply never come

> 2020
> tether last audit in from June 2018 right before they had massive liquidity problem in fall 2018
> never proven to own any of the claimed funds
> have been proven to lie about funds
> no longer claimed to be backed 1 to 1 in 2019
> since 2018 the market cap has gone up over 3x from 2.5B to over 8B now
and that's not even touching who the peoples behind tether are
> yeah dude just trust tether

But what is its purpose? Why use chucky cheese tokens that claim to hold the same value as USD rather than just USD?

Kill yourself you piece of shit

To make money out of thin air.
It is not that hard to comprehend
Then sell it for real dollar again

You did well user.

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That's not what I meant. I get that it's a scam used to manipulate prices. What I don't understand is what it's *advertised* purpose is supposed to be. Not counting the shady shit. Does it hold any purpose beyond just being a straight-up scam?

because most of this mongoloid market believe tether is actually backed
and because a lot of trader don't actually want to cash out, they just sell and wait for a lower entry, tether offer them the possibility to sell crypto for "usd" while staying in exchanges without actual USD pairs like binance or bitfinex

you can do like-asset trades with them as they are tokens, hence, no capital gains tax when you trade back into it.

So the only legitimate purpose is to make filing taxes easier for day traders?

primary role is to keep money in crypto
someone who sell in tether can only buy back crypto with it, he can't actually cash out of the market

so no exchanges allow USDT to USD conversion? You'd need to do something like convert USDT to BTC and then BTC to USD? Strange, and also revealing

>so no exchanges allow USDT to USD conversion?
no there is a few but liquidity is shit

I trade with actual fiat pairs. Why would I care about tether?

because it's used to prop up the market
but funny enough tether themselves doesn't have a desk where one could just send tether and ask for USD to be send to their account ( if the scam wasn't obvious enough )

Why should I care about that? Price goes up in actual fiat, Tether does not matter. Your entire narrative is bunk.

you don't care about massive price manipulation in a market you are trading ?

On a pair I'm not even trading? Yes. If your narrative is right and fake tether created out of thin air creates enough fomo that it actually pumps the spot price, why the fuck should I care? My balance goes up and I can cash out for actual fiat. Why should I care? Do you have brain damage?

First of all I am not trading!! I invest.
Second of all. price 'manipulation' an only happen at these levels by actual whales.And now it does happen.
Be happy happy instead of blaming me for it, you lil dumb bitch

god for you, hope you'll be out the door first when shit hit the fan, and 70% of the sell volume suddenly shift to fiat pairs

I was not even talking to you faggot

You have no idea what you are talking about. If you are not into alt coins Tether does not exist. A shit ton of volume comes from actual spot exchanges. Who even trades USDT/BTC? Also there is like a million other stablecoins.

You have bought into a bogus narrative, user.

>You have no idea what you are talking about.
> Who even trades USDT/BTC? Also there is like a million other stablecoins.
> doesn't even know that BTC/USDT is 70% of all BTC trading volume