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You’re watching the death of crypto, and it’s not coming back.

...
mahogany native
  07/16/19
doubt.png
Impressive resort athletic conference
  07/16/19
Until the next time shadowy forces decide to print tethers
aphrodisiac harsh roommate fat ankles
  07/16/19
Very very few people realize how the scam works. Once it bl...
mahogany native
  07/16/19
Aint dat already happened 6 time
painfully honest saffron gunner rehab
  07/16/19
It was fucking so stupid of finex/arthur. The market wasn't ...
Irradiated fortuitous meteor piazza
  07/16/19
Totally agree
mahogany native
  07/16/19
How did you guys know about the tether scam, it was pretty w...
rose aromatic area preventive strike
  07/16/19
It’s not hard Consider bitfinex has admitted that ...
mahogany native
  07/16/19
Counterpoint: no one is stopping them from continuing to pri...
Salmon parlor turdskin
  07/16/19
Good counterpoint but Retail investors are out of the ma...
mahogany native
  07/16/19
No, because eventually the crypto diehards won't be willing ...
Irradiated fortuitous meteor piazza
  07/16/19
...
mahogany native
  07/16/19
No die hards were gutted or slaughtered bro
sepia comical headpube national
  07/16/19
...
Stirring Chestnut Crotch
  07/16/19
Laughs
Salmon parlor turdskin
  07/16/19
Lol no
Flushed chapel mood
  07/16/19
...
Puce Trailer Park Water Buffalo
  07/16/19


Poast new message in this thread



Reply Favorite

Date: July 16th, 2019 7:06 PM
Author: mahogany native



(http://www.autoadmit.com/thread.php?thread_id=4304233&forum_id=2#38542221)



Reply Favorite

Date: July 16th, 2019 7:07 PM
Author: Impressive resort athletic conference

doubt.png

(http://www.autoadmit.com/thread.php?thread_id=4304233&forum_id=2#38542227)



Reply Favorite

Date: July 16th, 2019 7:09 PM
Author: aphrodisiac harsh roommate fat ankles

Until the next time shadowy forces decide to print tethers

(http://www.autoadmit.com/thread.php?thread_id=4304233&forum_id=2#38542235)



Reply Favorite

Date: July 16th, 2019 8:18 PM
Author: mahogany native

Very very few people realize how the scam works. Once it blows up it will be much harder to pull off

(http://www.autoadmit.com/thread.php?thread_id=4304233&forum_id=2#38542641)



Reply Favorite

Date: July 16th, 2019 8:19 PM
Author: painfully honest saffron gunner rehab

Aint dat already happened 6 time

(http://www.autoadmit.com/thread.php?thread_id=4304233&forum_id=2#38542647)



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Date: July 16th, 2019 9:07 PM
Author: Irradiated fortuitous meteor piazza

It was fucking so stupid of finex/arthur. The market wasn't ready for this. After all that time sub 4k people would have been genuinely chuffed to have BTC hang in the high-5s, low-6s for a few months. You could have gently stoked the fires, allow people to recover their nerve to ride the rollercoaster again. Let the fuel for another hype cycle slowly percolate for another 12-18 months, waiting for actual real-world news, material innovations, relevant uses, the halvening etc. to finally pump it over 25k and keep a few alts around to ride along for a huge new hype wave with a new generation of retail buying in.

Instead they got no real interest in retail at all on this move. they only slaughtered and gutted the last diehards. They also slaughtered and gutted the alts. IF there's another crypto bull they just pushed it out another 3-5 years. IF.

(http://www.autoadmit.com/thread.php?thread_id=4304233&forum_id=2#38542934)



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Date: July 16th, 2019 9:10 PM
Author: mahogany native

Totally agree

(http://www.autoadmit.com/thread.php?thread_id=4304233&forum_id=2#38542948)



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Date: July 16th, 2019 9:14 PM
Author: rose aromatic area preventive strike

How did you guys know about the tether scam, it was pretty well hidden by most of the crypto twit fags and groups

(http://www.autoadmit.com/thread.php?thread_id=4304233&forum_id=2#38542968)



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Date: July 16th, 2019 9:35 PM
Author: mahogany native

It’s not hard

Consider bitfinex has admitted that they “lost” 850 million dollars;

That they have admitted buying bitcoin with tether;

That they don’t have one to one dollar to tether reserves like they claimed;

That their auditors withdrew;

That they have no legitimate banking relationships;

That they are being sued for fraud in New York;

That there is a strong correlation between tether printing and spikes in bitcoin price;

Then consider that amount of actively traded bitcoin is small and that, a recent study came out showing each $1 put into the crypto market pumps prices by $50-100;

Then consider that bitfinex magically raised $1 billion for their LEO with no transparency within a week, which then corresponded to a massive crypto pump

The dots are there for those who want to see

(http://www.autoadmit.com/thread.php?thread_id=4304233&forum_id=2#38543081)



Reply Favorite

Date: July 16th, 2019 9:40 PM
Author: Salmon parlor turdskin

Counterpoint: no one is stopping them from continuing to print more tether

(http://www.autoadmit.com/thread.php?thread_id=4304233&forum_id=2#38543118)



Reply Favorite

Date: July 16th, 2019 9:43 PM
Author: mahogany native

Good counterpoint but

Retail investors are out of the market having been burned too recently

As smarter investors wake up they will also withdraw

The bitfinex scam only works so long as they can pump to sell to suckers

It will all come to a head soon imo

(http://www.autoadmit.com/thread.php?thread_id=4304233&forum_id=2#38543139)



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Date: July 16th, 2019 9:55 PM
Author: Irradiated fortuitous meteor piazza

No, because eventually the crypto diehards won't be willing or able to afford to keep getting bags dumped on them

(http://www.autoadmit.com/thread.php?thread_id=4304233&forum_id=2#38543242)



Reply Favorite

Date: July 16th, 2019 10:05 PM
Author: mahogany native



(http://www.autoadmit.com/thread.php?thread_id=4304233&forum_id=2#38543329)



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Date: July 16th, 2019 9:21 PM
Author: sepia comical headpube national

No die hards were gutted or slaughtered bro

(http://www.autoadmit.com/thread.php?thread_id=4304233&forum_id=2#38543006)



Reply Favorite

Date: July 16th, 2019 9:09 PM
Author: Stirring Chestnut Crotch



(http://www.autoadmit.com/thread.php?thread_id=4304233&forum_id=2#38542946)



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Date: July 16th, 2019 9:55 PM
Author: Salmon parlor turdskin

Laughs

(http://www.autoadmit.com/thread.php?thread_id=4304233&forum_id=2#38543247)



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Date: July 16th, 2019 9:21 PM
Author: Flushed chapel mood

Lol no

(http://www.autoadmit.com/thread.php?thread_id=4304233&forum_id=2#38543007)



Reply Favorite

Date: July 16th, 2019 9:52 PM
Author: Puce Trailer Park Water Buffalo



(http://www.autoadmit.com/thread.php?thread_id=4304233&forum_id=2#38543220)