strong support from tether chuck e cheese tokens
Strong support from tether chuck e cheese tokens
Jason Watson
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Isaiah Baker
Based money printer Tether saves us all.
Eli Rivera
The FED of Crypto. Tether printer go brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
Samuel Allen
how come
isn't more printing of USDT gonna crash it sooner ?
it's non-auditable and insolvent afaik
Nathaniel Gutierrez
Brrrrr brrrrr brrrrr
Brayden Howard
LETS FUCKING GO
Gavin Lewis
because peoples selling in tether aren't looking to cash out, they just wait to buy at lower price
Jayden Martin
what will happen when this scam finally collapses?
Lincoln Torres
It's printing at the same rate as the Fed
Levi Cooper
It can't collapse. If we all reach a universal consensus that Tether is worth $1 (even if it isn't) They can print as much as they like and prop up the price of alt coins
Aaron Jackson
Fucking Paolo to the rescue lol
twitter.com
Lucas Harris
based. at some point we will run out of sellers and BTC can finally go to the moon
Nathaniel Cruz
yeah but when it collapses
all my profits taken from BTC to USDT will go to waste
check
Dominic Cooper
Based.
He's just re-stocking the Tether shelves for degens.
Kayden Scott
that's a lie
and been debunked
they are insolvent and do not have nearly as enough as the Fed
and how can they know how much the Fed prints lol
Wyatt Price
long from 18 200
free money brrrrrrrrrrrrrrrrrr
James Morgan
They aren't the federal reserve, they're a bunch of sketchy euro and chink scammers and propping up BTC with fractional reserves basically defeats the entire purpose of it. Don't get me wrong I want all our bags to pump so it's whatever to me as long as its sustainable
James Harris
the only way this could fail is if mass tether holder were to cash out, and history has proven that they don't, they just want to buy the dip
Asher Butler
The second way is China gets tired of their OTC schtick and disappears them.
Elijah Adams
How does tether keep the 1 dollar price through all the printing? Do people.refuse to sell for less or is it hard coded on the exchanges?
Nathaniel Campbell
the Fed printed $ 9 Trillion this year bro
Jordan Carter
almost no volume on the order books of fiat/usdt pairs, so nobody can use them to cash out, the bots ensure that the ration stay 1-1 and most of the market blindly believe tether is backed
so you have a delusional market with no real way of crashing the price
Lucas Barnes
PUMP MY FUCKING COIN TETHER
Easton Williams
I would be all in on bitcoin if it wasnt for tether. Its just so ridiculous it boggles my.mind it is still going
Ian Baker
but what if everyone buys the dips with USDT
doesn't everyone basically use tether just to cash out btc and buy dips again?
yeah, but where does the tether bureau have so much cash usd to keep the peg stable
isn't this the same concept flaw of fractional reserve banking?
look at Lebanon, they had a peg for years and now the banks fucked the people over when the politicians aka whales wired everything abroad
why not use DAI and get it over with?
Hunter Edwards
Tether prints when institutions want tether loans, and will pay in real dollars. The real issue is not the printing itself but the complete lack of oversight/trust and nonexistent free exchange between tether and us dollars.
Andrew Myers
elaborate please?
Easton Wright
no retard, they use tether printed out of nothing to just buy btc thus pumping the price of btc
how fucking new are you?
Nathan Gray
>bank runs never happened, ever
Isaiah Powell
they use heavy wash trading to keep parity with other stablecoins
Jason Ross
there actually is a fee since 1USDT = 1.0...1 USD
Brody Reed
This.
Regards, waiting for ETH to dip more to swap all my Tether for ETH again.
Is there like anyone ever who cashed Tether out?
Parker Smith
you realize that if you buy with usdt some has to sell for it right ?
see there's retards like this who believe bitfinex's lies even tho they NEVER proven owning any funds, they have, on the other hand, been caught lying, several times
Bentley Gray
Because the only way to print DAI is to make overcollateralized loans which when liquidated can take away all of your collateral which is what happened in March.
Tyler Davis
>see there's retards like this (You) who believe bitfinex's lies even tho they NEVER proven owning any funds, they have, on the other hand, been caught lying, several times
>The real issue is not the printing itself but the complete lack of oversight/trust
learn to read
Jose Allen
exactly its printed out of nothing so it's bound to crash
I'm relatively new but crypto is helping me navigate hyperinflation
after my research I'd either trust DAI or nothing
since there's always gonna be FUD around USDT
Adam Anderson
you physically cannot cash out of tether, the only way would be buying btc/eth
that would also mean some would have to sell you btc/eth for tether, which is the scam is out will not happen so the price will skyrocket in usdt pairs
then all the fags using btc/usdt pairs would have to go to other stable coins or fiat to do so this pushing immense selling pressure on those pairs and eventually crashing the whole market to zero
the problem is that there is no trigger to make the market sentiment flip on tether, they have been cough lying and still tether is officially worth 1usd
Logan Turner
EXACTLY!
Cooper James
Tether is the real game of musical chairs, when the music stops its going to be really ugly and it might take the whole of crypto with it to the shitter for years