Author

Topic: Bitcoin Tether Ponzi (Read 93 times)

newbie
Activity: 3
Merit: 0
December 17, 2020, 03:30:34 AM
#5
I’m new here I hope this forum is not censored like r/Bitcoin I wanted to seek the opinions of OG bitcoiners.

I used to be maximalist pro BTC until I did some research and came to the realization that bitcoin turned into a giant Ponzi Playground ruled by Tether mafia and major unregulated exchanges. Tether aka the counterfeit USD proxy is holding most of the volume and orderbook liquidity. These Italian scammers behind tether are laundering this fake usd through Bitcoin. They’re printing like the fed without audit or any legal surveillance.they printed over 15Billions $ since march to propt the 2020 bullrun. With unlimited Tether margin they eat the orderbook selling pressure thus causing the price to gap up. Why is no one talking about people who speak about them get silenced or labeled as fud no one dare do their research they all getting brainwashed by these big dishonest crypto twitter actors.

Honest request: please change my mind on tether.

Not regulated
No proof of funds
Banking partner on the Bahamas
Huge lawsuit pending
No office
Shady team
20B in circulation
$15B? BTC increased in price by $45B in the last day. Even if they did print $15B since March, Tether is a drop in the bucket.
quote] Dude I’m quite suprised to have a response like this from a 2011 account.. I guess you don’t really know how this unregulated market works. The MC of bitcoin is irrelevant it’s an illusion you know If a whale dumps a few Millions in spot the price will drop and the market cap will shrink by a few BILLIONS. People like you tend to be confuse as if Tether was just a fish in the sea because of it’s “low” MC compared to the whole crypto MC not knowing that the issue here is this counterfeit USD proxy is holding most if not all the order books liquidity..
newbie
Activity: 3
Merit: 0
December 17, 2020, 03:15:41 AM
#4
As you mentioned, you are a newcomer and my suggestion to you is to read at least a few books and learn more about the Bitcoin Network and then start posting.
Good luck.
I said new in this forum* I’m In Bitcoin since 2013, but back then I was actually using it I became a hodler/investor in 2016. People say Tether was responsible for BTC price to go 20K in 2017 and tbh I didn’t notice that, it really felt like an organic bullrun. And Tether MC was relatively small but now it’s obvious like never before that Bitcoin is being propt up by Tether you can follow @whale_alert on twitter and see the receipts for urself
sr. member
Activity: 280
Merit: 253
December 17, 2020, 03:03:01 AM
#3
I’m new here I hope this forum is not censored like r/Bitcoin I wanted to seek the opinions of OG bitcoiners.

I used to be maximalist pro BTC until I did some research and came to the realization that bitcoin turned into a giant Ponzi Playground ruled by Tether mafia and major unregulated exchanges. Tether aka the counterfeit USD proxy is holding most of the volume and orderbook liquidity. These Italian scammers behind tether are laundering this fake usd through Bitcoin. They’re printing like the fed without audit or any legal surveillance.they printed over 15Billions $ since march to propt the 2020 bullrun. With unlimited Tether margin they eat the orderbook selling pressure thus causing the price to gap up. Why is no one talking about people who speak about them get silenced or labeled as fud no one dare do their research they all getting brainwashed by these big dishonest crypto twitter actors.

Honest request: please change my mind on tether.

Not regulated
No proof of funds
Banking partner on the Bahamas
Huge lawsuit pending
No office
Shady team
20B in circulation
$15B? BTC increased in price by $45B in the last day. Even if they did print $15B since March, Tether is a drop in the bucket.
jr. member
Activity: 70
Merit: 1
December 17, 2020, 02:58:03 AM
#2
As you mentioned, you are a newcomer and my suggestion to you is to read at least a few books and learn more about the Bitcoin Network and then start posting.
Good luck.
newbie
Activity: 3
Merit: 0
December 17, 2020, 02:54:57 AM
#1
I’m new here I hope this forum is not censored like r/Bitcoin I wanted to seek the opinions of OG bitcoiners.

I used to be maximalist pro BTC until I did some research and came to the realization that bitcoin turned into a giant Ponzi Playground ruled by Tether mafia and major unregulated exchanges. Tether aka the counterfeit USD proxy is holding most of the volume and orderbook liquidity. These Italian scammers behind tether are laundering this fake usd through Bitcoin. They’re printing like the fed without audit or any legal surveillance.they printed over 15Billions $ since march to propt the 2020 bullrun. With unlimited Tether margin they eat the orderbook selling pressure thus causing the price to gap up. Why is no one talking about people who speak about them get silenced or labeled as fud no one dare do their research they all getting brainwashed by these big dishonest crypto twitter actors.

Honest request: please change my mind on tether.

Not regulated
No proof of funds
Banking partner on the Bahamas
Huge lawsuit pending
No office
Shady team
20B in circulation
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