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Jun 19 2022 07:53am
"We're all gonna laugh at you when triple vaccinated means unvaccinated"

got it chumps. Gonna tell my invest fund to stop using 50% usdt 50% usdc because a few randoms told me to do so on d2jsp
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Jun 19 2022 12:02pm
Quote (bogie160 @ Jun 18 2022 12:43am)
No, Thor is correct. Tether isn't backed by dollars, it's backed by commercial paper by their own admission. That commercial paper is NOTfrom Western markets, because none of the big players know who they are. That means that, at best, Tether is backed by IOUs from Chinese real estate firms. The problem is that Chinese markets are shaky at the best of times, and Chinese real estate is a rotten house ready to collapse. This isn't a "media" line, because the media has been oblivious to it from the get-go. Tether's reserves don't actually exist. It's fraudulent, and it's going to zero.


https://tether.to/en/tether-condemns-false-rumours-about-its-commercial-paper-holdings/

quit reading reddit randoms you rando

This post was edited by Melatonina on Jun 19 2022 12:02pm
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Jun 19 2022 02:06pm
Quote (Melatonina @ Jun 19 2022 02:02pm)


"Tether condemns false rumors about tether"

Haha.
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Jun 19 2022 02:15pm
Quote (Melatonina @ Jun 19 2022 01:02pm)


Oh man. I bet you were all over Reddit defending Celsius on the basis that nobody has had trouble receiving withdrawals yet.

The fact is that nobody in western markets has heard of Tether. And that's significant because if they have as much commercial paper as they claim to have, they should be one of the top players in the entire world. That means they either 1) Don't have commercial paper at all, or 2) Are trading on a dark market outside of the Western sphere.

There's very few places that could be, and none of them are particularly credit worthy. So either the backing based on commercial paper doesn't exist, or it's in a market where it might as well not exist because they probably aren't getting it back.





Oh, and please also ignore that they were caught faking attestations before, specifically to hide their connections with Bitfinex. and that they have never been audited because the auditors wanted "too much detail".

This post was edited by NetflixAdaptationWidow on Jun 19 2022 02:22pm
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Jun 19 2022 11:52pm
Oh the hypocrites are back at it again.

If you don't invest into things that aren't fully 100% backed up by gold reserves, stop using dollars and others fiat money thanks

Quote (NetflixAdaptationWidow @ Jun 19 2022 10:15pm)
Oh man. I bet you were all over Reddit defending Celsius on the basis that nobody has had trouble receiving withdrawals yet.

The fact is that nobody in western markets has heard of Tether. And that's significant because if they have as much commercial paper as they claim to have, they should be one of the top players in the entire world. That means they either 1) Don't have commercial paper at all, or 2) Are trading on a dark market outside of the Western sphere.

There's very few places that could be, and none of them are particularly credit worthy. So either the backing based on commercial paper doesn't exist, or it's in a market where it might as well not exist because they probably aren't getting it back.





Oh, and please also ignore that they were caught faking attestations before, specifically to hide their connections with Bitfinex. and that they have never been audited because the auditors wanted "too much detail".


Also go to the fuckin gym instead of parrotting reddit randoms lmao god damn fat people

This post was edited by Melatonina on Jun 19 2022 11:53pm
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Aug 8 2022 07:37am
Anyone holding this into earnings tomorrow? I picked up some around 55 range and way up. I will take some off the table for sure but just wondering who else is riding this one
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Aug 8 2022 10:59am
Quote (Bazi @ Aug 8 2022 06:37am)
Anyone holding this into earnings tomorrow? I picked up some around 55 range and way up. I will take some off the table for sure but just wondering who else is riding this one




Didnt ARK sell all their COIN shares? Lol
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Aug 8 2022 11:53am
Quote (Pharaohmon @ Aug 8 2022 11:59am)
Didnt ARK sell all their COIN shares? Lol


Yeah I think so, but she’s by no means the gold standard. Doubling and tripling down on teladoc, worthless shit company.


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Aug 8 2022 12:14pm
Quote (Bazi @ Aug 8 2022 10:53am)
Yeah I think so, but she’s by no means the gold standard. Doubling and tripling down on teladoc, worthless shit company.



Yea like wtf... and she sold all her $COIN at bottom while her avg is hella high lol
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Aug 9 2022 12:49am
Quote (Pharaohmon @ Aug 8 2022 01:14pm)
Yea like wtf... and she sold all her $COIN at bottom while her avg is hella high lol


She may well buy it back. May be waiting for the tax benefits because she doesn't think it will rise in the near future. As people pull money from her fund she has to sell to give them their money. So a significant portion of her job is optimizing that with tax implications.
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