another 400M exit.....

another 400M exit.....

  1. 6 days ago
    Anonymous

    >Alameda is exiting
    >other market makers are exiting
    Meanwhile LULZ permabulls are saying only retail is selling and the new bullrun starts in just 2 more weeks.

    • 6 days ago
      Anonymous

      WALLAH!

    • 6 days ago
      Anonymous

      It starts in 2-3 years, if you think btc is dead you're wrong.

      • 6 days ago
        Anonymous

        I completely agree, we will have a bullrun after the 2024 halving. Bear time for awhile though.

      • 6 days ago
        Anonymous

        It's not dead but its going to get fucking nuked and I expect it will be a long time before price rebounds.
        Think about the fundamental changes in the backdrop. We went from a low rate QE environment where teenagers were getting paid X+$600 /wk to do absolutely nothing + $1200 helicopter money checks to rising interest rates, gas prices tripling, food prices doubling, and wages staying mostly flat.
        It's somewhere between insane and retarded that people actually think there's going to be a quick pivot and this is the bottom.

        • 6 days ago
          Anonymous

          >quick pivot
          It's dumped for 7 months straight you n-word brained permabear

          • 6 days ago
            Anonymous

            >it's dumped for 7 months straight
            Yeah and you retards were calling the bottom the whole way down. We haven't even officially hit a recession yet but keep telling yourself it's over because you were too stupid to sell when you had the chance.
            >permabear
            cope

          • 6 days ago
            Anonymous

            You clearly weren't here last bear market

          • 6 days ago
            Anonymous

            [log in to view media]

            Bear markets last years, kiddo.

      • 6 days ago
        Anonymous

        btc is dead, segwit killed it
        Bitcoin SV is still very much alive

    • 6 days ago
      Anonymous

      >400M
      literally nothing

      • 6 days ago
        Anonymous

        [log in to view media]

        down almost 20% market cap in less than two months

        • 6 days ago
          Anonymous

          now check usdc

          • 6 days ago
            Anonymous

            The danger is apparently that Tether isn't solvent and if this goes down too much, they'll run out of money and USDT will collapse.

            • 6 days ago
              Anonymous

              They aren't solvent, neither are the people lending to Tether.
              This is a massive ponzi LMFAO

            • 6 days ago
              Anonymous

              he's implying that the markets are simply shifting away from Tether towards USDC
              USDC is up 5 billion, but Tether is down 15.....the money is still leaving

              Inflation hits 8.5% every bear market and they threaten a massive interest rate regime to combat the rising prices as Bitcoin goes through 24 months of endless levering, debt expansion fuelled by retail investors that bought with stimulus checks?

              crypto prices will probably never hit ATH again, the era of cheap money isn't coming back any time soon

              • 6 days ago
                Anonymous

                I know, but what happens if Tether goes down 25 billion, then suddenly depegs like Luna did?

              • 6 days ago
                Anonymous

                every crypto heads for the exits simultaneously
                bring popcorn

              • 6 days ago
                Anonymous

                What do you think the best (safest) way there will be to buy the knife?

              • 6 days ago
                Anonymous

                you don't
                this crash will be followed by a long, long winter
                you need not fret about trying to find the bottom, it will stay there for a while

              • 6 days ago
                Anonymous

                That wouldn't be all too bad

              • 6 days ago
                Anonymous

                it's more than just falling prices, the institutions themselves will collapse
                Celsius was just the first of many crypto markets and banks that will end up rugging customers due to greed and/or incompetence

              • 6 days ago
                Anonymous

                nice and comfy. i will dca couple bucks every month.

              • 6 days ago
                Anonymous

                likely, at very first, everything pumps massively as everyone marketsells their USDT for whatever coins they can to get out
                then, over a month or so, all those coins get sold off to exit the space entirely

              • 5 days ago
                Anonymous

                tether hasn't been $1 for a month now

              • 6 days ago
                Anonymous

                I think you're right, and even if the easy money starts flowing again, I think in real terms BTC will not hit that ATH because money is going to want to move in certain directions given what we know about the fed's desire for more toilet paper with Benjamin Franklin's face on it.

              • 6 days ago
                Anonymous

                [log in to view media]

                >the era of cheap money isn't coming back any time soon

              • 6 days ago
                Anonymous

                When the recession buttfucks all of us the fed will be forced to bring the rate straight to zero, maybe even go into negative rates Japan style. Imagine a crypto market where the fed is paying people to take out loans, I'd make myself a bank tomorrow

              • 6 days ago
                Anonymous

                >negative rates
                not a chance

              • 6 days ago
                Anonymous

                Real rates are already negative dipshit

              • 6 days ago
                Anonymous

                the only thing that ran btc up to 20k in the first place was tether. first you print the fake crypto then you pump the price of the real crypto. Then remove the fake crypto and crash the real crypto. this model is not new, some would say this strategy is well over a century old.

              • 6 days ago
                Anonymous

                [log in to view media]

                >the era of cheap money isn't coming back any time soon

                Tell that to Christine

              • 6 days ago
                Anonymous

                we just had btc pump 15% in a day during recession and you really think we will never pump multiple days during bull market?
                retard

        • 6 days ago
          Anonymous

          When my shitcoins lose marketcap the price goes down, Tether loses 20% and is still one dollar? When rug

          • 5 days ago
            Anonymous

            It also x10 ib mcap and is still 1 dollar, makes you wonder!

        • 5 days ago
          Anonymous

          this doesn’t mean what you think it means

    • 5 days ago
      Anonymous

      [log in to view media]

      This is a big fat lie. Bull run isn't starting in 2 weeks, maybe in the next 2 years. Get ready to be looking like a skull

    • 5 days ago
      Anonymous

      >Tether mcap is going down
      >Other better stablecoins mcap is going up
      what could this possibly mean?

    • 5 days ago
      Anonymous

      Exiting thether to go in btc, no?

  2. 6 days ago
    Anonymous

    The question is, if Bitcoin goes down enough, and harms enough investors, will the environment in the future be suitable for it to make a new high?
    I can't see all the scams, 20000 coins, massive waste of development talent, equipment and resources going unchallenged by public and even private groups.

    • 6 days ago
      Anonymous

      this happens literally every bear market fren and when everyone comes to biz to laugh at us it's time to start DCAing. unless they ban all crypto-to-bank transactions or make a burgercoin in the next two years, we'll be ok.

      • 6 days ago
        Anonymous

        Inflation hits 8.5% every bear market and they threaten a massive interest rate regime to combat the rising prices as Bitcoin goes through 24 months of endless levering, debt expansion fuelled by retail investors that bought with stimulus checks?

    • 6 days ago
      Anonymous

      People were voicing these exact same concerns in 2018 after the 2017 bull run. So many people had gotten in and been burned badly, and yet we had this bull run nonetheless, against those odds. My answer is that people have very short (and flexible) memories, especially when greed and money is involved. People have a way of forgetting, eating their words, ignoring lessons learned, or getting sucked back in by the whiff of fortunes to be made

      • 6 days ago
        Anonymous

        I was here in 2018 nobody was fucking saying it's over literally all of us believed it was going higher, even when it dumped to 11k practically overnight.
        t. linkmarine

        • 6 days ago
          Anonymous

          >t. delusional
          Well there’s your problem

        • 6 days ago
          Anonymous

          >t. delusional
          Well there’s your problem

          I certainly remember Datadash putting out videos calling for the next high by the end of the year (2018)

  3. 6 days ago
    Anonymous

    Billions of successful redemptions.
    You're not going to take all Tether out of circulation.

    • 6 days ago
      Anonymous

      still waiting for that audit

      • 6 days ago
        Anonymous

        [log in to view media]

        if they had an audit you'd just come up with some other reason why it's "obviously unbacked total scam gonna collapse fake tethers". there's no point trying to prove anything to tether truthers

        • 6 days ago
          Anonymous

          still waiting for that audit

        • 6 days ago
          Anonymous

          very cringe comparison. ufos are clearly real, theres a mountain of evidence for people that put in the effort to expose themselves to it

          basically equivalent to thinking the official version of 9/11 was honest and accurate. nightly tv mainstream media consuming sheep tier

          • 6 days ago
            Anonymous

            >theres a mountain of evidence
            such as?

          • 6 days ago
            Anonymous

            >theres a mountain of evidence
            such as?

            the internet is a thing you're on right now, check it out by yourself

        • 6 days ago
          Anonymous

          Their reserves -as stated- means investors in Tether are getting scammed. If they are audited and everything is exactly as claimed you are still a dumbass for holding Tether.

        • 5 days ago
          Anonymous

          >Good lord what is happening in there?!
          >Tether reserves
          >Tether reserves? An amount exceeding total combined assets of all Bahamian banks? Localized entirely within a bank created by the inspector gadget creator?
          >Yes
          >May I see it?
          >No

  4. 6 days ago
    Anonymous

    only 69 years to go till 0

    • 6 days ago
      Anonymous

      if the average rate of decline since May 9 (when Luna depegged) continues, Tether will go zero in January

  5. 6 days ago
    Anonymous

    [log in to view media]

    Yeah, and meanwhile there are 100 m enters on all the major altcoins, it's literally the same as the 2019 bullrun, ETH and BTC dump, the alts pump, then we go back to 50k
    bonkers

    • 6 days ago
      Anonymous

      literally like the rest of the bullruns, just waiting

  6. 6 days ago
    Anonymous

    tether truthers truly are the biggest morons. probably the same people that told you to get into "save" UST lol.

    • 6 days ago
      Anonymous

      >this stablecoin that says it's backed by money, it isn't actually
      >so instead, you should pick a different stablecoin backed by fuzzy math and unicorn farts!
      listen to yourself talk, tard

      • 6 days ago
        Anonymous

        Zero reading comprehension

    • 5 days ago
      Anonymous

      Not an argument you fucking retard.

  7. 6 days ago
    Anonymous

    The only reason btc got pumped so hard was due to tether printing so billions, tether is inflating the market

    • 6 days ago
      Anonymous

      Retard

      [log in to view media]

      ok It keeps getting worse fagget?, now how and why would they increase there market cap by so much in such a short time

      Because people bought Tether

      • 6 days ago
        Anonymous

        >Because people bought Tether
        No its because they have been printing billions at a time retard

        • 6 days ago
          Anonymous

          Because people bought them they printed
          What else?
          Do you think they print out of thin air and buy Bitcoin with it?
          Do you?

          • 6 days ago
            Anonymous

            >Do you think they print out of thin air and buy Bitcoin with it?
            Yes what else would they do with it

            • 6 days ago
              Anonymous

              literal brainlet let me guess you’re a LULZ tourist that never bought crypto and seethed for years watching people get rich

              • 6 days ago
                Anonymous

                So you are telling me if you could print tether right now out of nothing and put into your trading account you wouldnt do it?

              • 6 days ago
                Anonymous

                >literal brainlet
                Exactly
                You literally dont even know how a market works
                You cannot just print and press sell, you need a buyer for every sell
                Ok i repeat
                You need a buyer for every sell
                You need a buyer for every sell
                You need a buyer for every sell
                You need a buyer for every sell
                So yes they could just print 1 billion and hold it but there is no point in doing that. The moment they use it they need a buyer. So[...]
                >Because people bought Tether

                >You need a buyer for every sell
                >You need a buyer for every sell
                >You need a buyer for every sell
                >You need a buyer for every sell
                Somebody has to sell btc for tether for this to wor

              • 6 days ago
                Anonymous

                They could also sell ether or usd or fucking cumdogerocketinu5000

              • 6 days ago
                Anonymous

                Yes but they need to sell something worthwile
                And your shitcoin has a bnb liquidity pool it gets sold first

              • 6 days ago
                Anonymous

                >>You need a buyer for every sell
                yeh there are people selling and buying btc with tether the fuck you on about?, NOTHING IS STOPPING TETHER FROM PRINTING UN BACKED USDT

              • 6 days ago
                Anonymous

                BUT THEY GET BACKED BY THE BITCOIN THEY GET
                Then they can convert the bitcfoin in stabler asstes
                Thats literally how its supposed to work

              • 6 days ago
                Anonymous

                >Thats literally how its supposed to work
                "supposed to work"

              • 5 days ago
                Anonymous

                >Yes
                >You print
                >Sell somebody for Bitcoin
                >Best sell that Bitcoin for DOllar
                >If the new usdt holder want s to redeem you have it backed
                And no i dont think its complete fine what they do

              • 5 days ago
                Anonymous

                But again what would be your mechanism for stablecoins?
                What is ok for you?
                To first have the asset and then print?
                To have always more cash then usdt?
                Would be secure but expensiveee

            • 6 days ago
              Anonymous

              >literal brainlet
              Exactly
              You literally dont even know how a market works
              You cannot just print and press sell, you need a buyer for every sell
              Ok i repeat
              You need a buyer for every sell
              You need a buyer for every sell
              You need a buyer for every sell
              You need a buyer for every sell
              So yes they could just print 1 billion and hold it but there is no point in doing that. The moment they use it they need a buyer. So

              Retard
              [...]
              Because people bought Tether

              >Because people bought Tether

  8. 6 days ago
    Anonymous

    AAAAAAAAAAAHHHHHHHHHHHHHHHHHHHH
    best time to accumulate when the leveraged degen institutions are unloading

  9. 6 days ago
    Anonymous

    [log in to view media]

    Yea nothing to see here

  10. 6 days ago
    Anonymous

    If anything Tether is proving its utility in the current market, people have been calling Tether a scam for nearly 10 years, yet here it is letting people cash out in another brutal downturn without any issues, while shitcoins, exchanges, lenders etc collapse all around it, just like the cycle before, and the cycle before that. Tether is doing wonderfully. You sound like one of those retards who thinks BTC is gonna collapse or get hacked any day now!

    • 6 days ago
      Anonymous

      [log in to view media]

      >yet here it is letting people cash out in another brutal downturn without any issues,
      These huge downward steps look organic? look how much tether has inflated in the last year they are cashing out

      • 6 days ago
        Anonymous

        Zoom out dipshit

        • 6 days ago
          Anonymous

          [log in to view media]

          I did fagget, is this ment to look better?

          • 6 days ago
            Anonymous

            Zoom out more retard

            • 6 days ago
              Anonymous

              [log in to view media]

              ok It keeps getting worse fagget?, now how and why would they increase there market cap by so much in such a short time

              • 6 days ago
                Anonymous

                Literally a nothing burger

  11. 6 days ago
    Anonymous

    [log in to view media]

    TETHER STILL NOT PEGGED, THIS NEVER HAPPENED BEFORE

    • 6 days ago
      Anonymous

      >0.001 is relevant
      You can still redeem fort one dollar on their side

  12. 6 days ago
    Anonymous

    as btc price increased so did the demand for tether, otherwise whales couldnt cash out fat numbers unless they went for fiat and the liquidity just isnt there. Therefore tether were printed. Not rocket science

    • 5 days ago
      Anonymous

      >whales couldnt cash out fat numbers unless they went for fiat and the liquidity just isnt there.
      right so there was not enough fiat liquidity in the market, so they print more tether that is backed by fiat liquidity got ya. I wonder why the btc price increased so much coudlnt of been from all the unbacked tether they printed

      • 5 days ago
        Anonymous

        its not fully backed everyone knows it, its like banks everyone knows there's not enough cash for everyone doesnt mean there's gonna be a bank run anytime soon. Its just a useful tool, you're just mad you fell for the fud and didnt get into stables so you now fud in hopes people will dump their tether for btc and pump your bags

  13. 5 days ago
    Anonymous

    Don’t care, still using BUSD.
    (((USDC))) will never be the only stablecoin.

    • 5 days ago
      Anonymous

      [log in to view media]

      I used both USDT, BUSD and USDC. And I can't wait to go all in on SHD. I don't have to explain everything here so go do your fucking research

  14. 5 days ago
    Anonymous

    >people can't redeem for real usd, it's a scam!
    >people are redeeming for real usd, it's a scam!

    • 5 days ago
      Anonymous

      the absolute state of

  15. 5 days ago
    Anonymous

    holding stables is like a game of hot potato

  16. 5 days ago
    Anonymous

    Biz really changed. This whole thread is filled with a ridicolous understanding of markets.

    400m Exit? So what? Every checked other stablecoins? And please repeat the same USDT FUD since 2017. Bitfinexed is probably still butthurt about getting liquidated.

    • 5 days ago
      Anonymous

      only 400m?

      try tether is dumping its balance sheet in regular intervals and it clearly has not stopped.

      The "bounce" this weekend took place while they PAUSED they contractions.

      Dont fight the fed, loser

  17. 5 days ago
    Anonymous

    [log in to view media]

    Another 2B this week, wagmi

  18. 5 days ago
    Anonymous

    Anon just use a trip so people can filter your retarded takes out

  19. 5 days ago
    Anonymous

    so institutions are leaving the market for good?

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