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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6301. (Read 26709428 times)

legendary
Activity: 2145
Merit: 1660
We choose to go to the moon
full member
Activity: 264
Merit: 124
ßî₸¢¤¡₦
JW's always make me laugh - ofc we're going to be chilling in the promised land with some lions and bears (where are the bulls?)


So here he is, Horned!

legendary
Activity: 2338
Merit: 2106
What's wrong with coinmarketcap.com  Huh



there is nothing wrong. that is how they scam noobs.

-get paid for listing illiquid scams: check
-let the scam artists play their pump and dump: check
-have a section for great % gainz of those scams: check
-attract more scam artists...
-profit...
-
legendary
Activity: 1526
Merit: 2617
Far, Far, Far Right Thug
What's wrong with coinmarketcap.com  Huh



Imagine if that were true, owning just a tiny fraction of the market cap, you could buy a stripclub every time you want to see a girl dance.

legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Good day for a walk.

Your boy LFC_Bitcoin watching the pump whilst out Smiley

sr. member
Activity: 546
Merit: 290
Ah okay.... found it ...

What is WBTC? Wrapped Bitcoin (WBTC) is an ERC-20 token that represents Bitcoin (BTC) on the Ethereum blockchain. A key advantage of WBTC is its integration into the world of Ethereum wallets, dapps, and smart contracts.
sr. member
Activity: 546
Merit: 290
what the heck is "Wrapped Bitcoin"? who wrapped it and why are there so many of them?
full member
Activity: 1400
Merit: 133
Precision Beats Power and Timing Beats Speed.
full member
Activity: 1134
Merit: 105
What's wrong with coinmarketcap.com  Huh

legendary
Activity: 2478
Merit: 1220
Privacy Servers. Since 2009.
tether fud is so 2017

agreed Wink

This is really the same exact story from 2017 -- Tether has a deadline of Jan 15 to deliver requested documentation to the NY DA...  (which started waaaaaay back in 2017)

https://www.reddit.com/r/CryptoCurrency/comments/ksdfne/why_tether_might_tank_the_crypto_market_on_jan/


It's the most ridiculous and pathetic FUD attempt I have read in like years... what makes you think the end of Tether will make BTC tank? Why do you think it will cause chaos? I really don't think Grayscale & co give a damn and/or will dump their coins based on this info. Judging by the author's attitude (calling bitcoiners buttcoiners, calling bitcoin crypto etc) I can say that he's most probably a nocoiner or an anti-bitcoin shill. And just look at all those shitcoiners' comments on reddit! Don't believe a single word.  Grin     
hv_
legendary
Activity: 2548
Merit: 1055
Clean Code and Scale
sr. member
Activity: 770
Merit: 284
★Bitvest.io★ Play Plinko or Invest!


soon...

Yep that will be soon but I am wondering how long it will stay there.  Roll Eyes
legendary
Activity: 2145
Merit: 1660
We choose to go to the moon
legendary
Activity: 3878
Merit: 1193
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
Meantime looks like 39k time.
hero member
Activity: 778
Merit: 563
The thing is, how many people use USDT to buy BTC and would thus be unable to buy ? I'm not a user although I have a small amount in lending.

Ah, makes sense.   So the demand would dry up...    I can see that but on the flip side the demand for Tether would turn to dust and those billions would need to flow to other markets which would mean demand would sky rocket (on btc) first (and the dollar peg from tether would need to drop).   We saw a drop in the peg a couple years ago when this all started.   I think tether dropped to 0.8 Dollars..    

Any way you slice it -- seems like a nothing burger at the moment.
hero member
Activity: 2604
Merit: 961
fly or die
The thing is, how many people use USDT to buy BTC and would thus be unable to buy ? I'm not a user although I have a small amount in lending.
hero member
Activity: 778
Merit: 563
tether fud is so 2017

agreed Wink

This is really the same exact story from 2017 -- Tether has a deadline of Jan 15 to deliver requested documentation to the NY DA...  (which started waaaaaay back in 2017)

https://www.reddit.com/r/CryptoCurrency/comments/ksdfne/why_tether_might_tank_the_crypto_market_on_jan/



legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
Talking heads on youTube pushing the story of a move on Tether this week which will cause tether to show its cracks and start to kill the momentum of the market.    I have a hard time understanding this as if people lose faith in tether they would just purchase BTC and the market would instantly balance out -- If we are pumped up on a tether printed market, why do so many talk about this bull market getting popped by an ALT?   Just FUD to move the market and scoop up more coins or is there really a risk?

Thoughts?   I just don't see why this matters.    Printing dollars and pushing the market up is no different then (supposedly) printing tether and pushing the market up.    BTC will stay at the elevated levels and the shitcoin/fiat will bleed.

 

tether FUD is so 2017. what's next? china bans bitcoin? let's play bitcoin bullshit bingo. what are the silliest things people or news are telling about bitcoin?

bitcoin is a tulip bubble
bitcoin is only used by criminals
bitcoin is wasting energy
bitcoin is a ponzi scheme
quantum computers will kill bitcoin
china bans bitcoin
...
hero member
Activity: 778
Merit: 563
Talking heads on youTube pushing the story of a move on Tether this week which will cause tether to show its cracks and start to kill the momentum of the market.    I have a hard time understanding this as if people lose faith in tether they would just purchase BTC and the market would instantly balance out -- If we are pumped up on a tether printed market, why do so many talk about this bull market getting popped by an ALT?   Just FUD to move the market and scoop up more coins or is there really a risk?

Thoughts?   I just don't see why this matters.    Printing dollars and pushing the market up is no different then (supposedly) printing tether and pushing the market up.    BTC will stay at the elevated levels and the shitcoin/fiat will bleed.

 
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