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exeunt after tether scam implodes: "i choose to live my life as a cayman"
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Date: October 18th, 2021 5:17 PM Author: coiffed drunken parlor patrolman (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43292396) |
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Date: October 18th, 2021 5:18 PM Author: Heady Dark Tanning Salon Party Of The First Part (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43292410) |
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Date: October 18th, 2021 5:39 PM Author: coiffed drunken parlor patrolman (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43292529) |
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Date: October 18th, 2021 5:49 PM Author: coiffed drunken parlor patrolman the man himself:
https://imgur.com/a/d7G3XxF |
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Date: October 18th, 2021 5:54 PM Author: Heady Dark Tanning Salon Party Of The First Part To be fair,
Off the charts based and I cannot imagine hating on the man in that picture |
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Date: October 18th, 2021 5:56 PM Author: rough-skinned heaven ti,oc,tcr. (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43292621) |
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Date: October 18th, 2021 5:55 PM Author: Garnet sandwich Lol (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43292607) |
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Date: October 18th, 2021 10:27 PM Author: fuchsia principal's office gay wizard (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294019) |
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Date: October 18th, 2021 10:29 PM Author: Obsidian laughsome useless brakes (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294029) |
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Date: October 18th, 2021 10:33 PM Author: carnelian house-broken menage jewess One of her comics.
https://pbs.twimg.com/media/EzLoxevVUAUhx8Z?format=jpg&name=large |
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Date: October 18th, 2021 10:41 PM Author: Beady-eyed Foreskin Crotch (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294093) |
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Date: October 18th, 2021 11:49 PM Author: Stirring Marketing Idea Rehab thats akyoot wg (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294440) |
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Date: October 19th, 2021 12:43 AM Author: marvelous citrine site Op is one of the physical silver retards of xo (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294674) |
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Date: October 19th, 2021 12:46 AM Author: coiffed drunken parlor patrolman wow a kike shitting on physical silver. now i've seen it all (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294683) |
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Date: October 19th, 2021 1:26 AM Author: Heady Dark Tanning Salon Party Of The First Part To be fair,
Hey -- better to be sitting on a stack of illiquid and depreciating physical silver, than a bunch of worthless "Solana" in now-defunct "FTX crypto exchange".
http://autoadmit.com/thread.php?thread_id=4921249&mc=164&forum_id=2 (OP is also OP of that thread) |
Date: October 18th, 2021 5:53 PM Author: Garnet sandwich He’s made 100 million from this scam, nothing that happens from here would damage him emotionally. Embarrassing thread (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43292589) |
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Date: October 18th, 2021 10:35 PM Author: Doobsian pontificating hall Tether is much less important to crypto than OP thinks it is (especially at this point) (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294065) |
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Date: October 18th, 2021 11:22 PM Author: carnelian house-broken menage jewess Let's say 50% of Tether's backing evaporates and there's a run to pull out USD. What result? (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294315) |
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Date: October 18th, 2021 11:49 PM Author: fuchsia principal's office gay wizard massive rush into USDC, BUSD, UST, etc
there are so many other options at this point tether is no longer as systematically important |
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Date: October 19th, 2021 1:24 AM Author: carnelian house-broken menage jewess That's more of an argument that the markets would still be able to function within relatively short order. But around $35 billion would still instantly vanish. Because Tether is a huge part of daily trading volume, I'd expect the effects to be pretty big. I haven't done nearly enough research to estimate what the effect would be. Although I imagine someone has.
https://coinmarketcap.com/currencies/volume/24-hour/ |
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Date: October 18th, 2021 11:50 PM Author: Stirring Marketing Idea Rehab there would never be a run to pull out USD except among an insignificant % of retail/normie idiots. crypto people despise fiat. most of the whales would just park it in btc or eth. (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294443) |
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Date: October 19th, 2021 1:10 AM Author: carnelian house-broken menage jewess Run or not, Tether is a component of demand. So a loss in value would affect other coins. How big would do you think that effect would be? (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294765) |
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Date: October 19th, 2021 12:41 AM Author: coiffed drunken parlor patrolman lmao there are literally emails from NY litigation discovery that showed the founders shitting their pants that if they didn't process an emergency print that the price of bitcoin would collapse
for being a "high iq board" you guys are fucking retarded on this. you see tether's $70bn market cap and go "HURR bitcoin is over a trillion so it wouldn't affect it"
the obvious flaw in the logic is that if you market dump tether like a retard in order to buy bitcoin, every "$1" in USDT can move bitcoin much more than $1. in other words, the current price of bitcoin, and its level of demand, are artificially high because of the tether scam
you morons are literally defending a ponzi scheme orders of magnitude worse than madoff |
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Date: October 19th, 2021 12:53 AM Author: talented autistic abode 90% of crypto price is due to tether (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294703) |
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Date: October 19th, 2021 12:56 AM Author: coiffed drunken parlor patrolman lmao it's impossible trying to reason with these people. everytime crypto takes a dive you see a (or several) emergency $billion USDT prints, then - as if by magic - crypto goes back up. they see nothing unusual about this. (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294711) |
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Date: October 19th, 2021 1:02 AM Author: talented autistic abode I just think they're naive true believers because anyone who realizes how big of a fraud it all is that could still be deceptive about it is unspeakably evil (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294737) |
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Date: October 19th, 2021 1:28 AM Author: Heady Dark Tanning Salon Party Of The First Part To be fair,
Let me guess -- did you own "Solana" in "FTX," too? How's that little "investment" doing for you after the rug pull / enormous hack that gutted that former so-called "cryptocurrency exchange (aka massive scam) just last month?
http://autoadmit.com/thread.php?thread_id=4921249&mc=164&forum_id=2
OP predicted that just like he's predicting the tether collapse. And some of you idiots still won't listen. |
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Date: October 19th, 2021 1:30 AM Author: coiffed drunken parlor patrolman sam (((bankman))) is completely in bed with tether, so yes, when tether collapses so will ftx (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294829) |
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Date: October 19th, 2021 1:31 AM Author: Heady Dark Tanning Salon Party Of The First Part To be fair,
In fact, it already did! See link above. People are literally heading to prison as we speak, BTC to zero ($0). Warrants have been issued and assurances have been given. |
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Date: October 19th, 2021 12:45 AM Author: Jade aggressive point who the fuck cares about tether at this point. this is silly
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Date: October 19th, 2021 12:45 AM Author: coiffed drunken parlor patrolman (bitfinex founder) (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294681) |
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Date: October 19th, 2021 12:46 AM Author: Jade aggressive point sigh
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Date: October 19th, 2021 12:47 AM Author: coiffed drunken parlor patrolman lmao you guys are all fucking DELUSIONAL
if they had reserves backing it, they would release detailed audited statements
it's pretty fucking simple - they don't. they own a bunch of worthless chinese commercial paper that, thanks to evergrande, will soon be exposed
if you guys didn't own any crypto and never had heard of crypto, and i described the tether ponzi scheme, would you really be defending it? LMAO |
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Date: October 19th, 2021 1:03 AM Author: Hideous Fortuitous Meteor Puppy let's assume you're right about tether fraud--what makes you so sure it will implode instead of being perpetuated by our fraud world?
this feels like a pipe dream in the same vein as trump being reinstated or the dollar collapsing.
would it happen in a fair and just world? yes. but major financial institutions are moving into crypto--hell the MLB is partnered with a crypto exchange. once a certain amount of acceptance from the elites is achieved any existing crypto scam falls under our fraud world's halo of protection |
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Date: October 19th, 2021 1:12 AM Author: talented autistic abode "but major financial institutions are moving into crypto"
No they arent |
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Date: October 19th, 2021 1:24 AM Author: Hideous Fortuitous Meteor Puppy one of the reasons I stay in crypto is because post-2008 I took the zero hedge pill and was convinced there'd be a stock market crash any day now caused by endless QE and fake economic reports.
that's what SHOULD have happened. each time the market tore higher I'd get even more upset/jealous and more unwavering in my predictions. i lost out on probably hundreds of thousands of dollars before I finally realized that the world is stupid and illogical and fraudly and it's idiotic to move off of a winning horse
i think that's where you're at with crypto |
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Date: October 19th, 2021 1:29 AM Author: coiffed drunken parlor patrolman obviously this will sound like 2 more weeks, but we are running into the territory where actual shortages are occurring, inflation is widely understood to be out of control and the fed looks stupider each day, debt/gdp and money supply graphs going parabolic...
of course this could go on for years. but the longer it goes on the tighter the coil becomes.. |
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Date: October 19th, 2021 1:32 AM Author: Heady Dark Tanning Salon Party Of The First Part To be fair,
So you're saying....... wait two weeks? |
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Date: October 19th, 2021 1:35 AM Author: fuchsia principal's office gay wizard the scenario you describe is hyperbullish for crypto (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294841) |
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Date: October 19th, 2021 1:39 AM Author: coiffed drunken parlor patrolman yeah when people are unable to use dollars to buy food they will definitely be going all-in on cryptokike electro-shekels
brother your mind has been fried from smelling your own farts for so long |
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Date: October 19th, 2021 1:43 AM Author: Heady Dark Tanning Salon Party Of The First Part To be fair,
Lol brother like I always say, I would bet a lot of crypto that I own more physical silver than you, but you're absolutely fucking delusional if you think the point of owning physical silver is to be able to head down to your local community swap meet stand in a full SHTF situation where paper money is worthless and casually trade a few Morgans for some wheat. |
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Date: October 19th, 2021 1:46 AM Author: coiffed drunken parlor patrolman you shit on silver and then brag about owning more of it than me. lmao brother. lmao. (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294888) |
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Date: October 19th, 2021 1:52 AM Author: Heady Dark Tanning Salon Party Of The First Part To be fair,
Owning some physical PM for the right reasons (and in an appropriate allocation compared to your other assets) is smart.
Owning some physical PM for the wrong reasons (and/or in an inappropriate allocation compared to your other assets) is retarded.
Guess which one I am, and which one you are?
http://www.autoadmit.com/thread.php?thread_id=4942978&forum_id=2#43294895 |
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Date: October 19th, 2021 1:56 AM Author: coiffed drunken parlor patrolman lmao, you keep your kike e-coins and i will keep my PM junior miner portfolio. best of luck kiddo! (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294923) |
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Date: October 19th, 2021 1:58 AM Author: Heady Dark Tanning Salon Party Of The First Part To be fair,
Thank! |
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Date: October 19th, 2021 1:33 AM Author: carnelian house-broken menage jewess How do you think the fraud backstop would work in this case? Someone would have to backfill Tether with billions in assets. Who would be in a position to do that and have the incentive to do it? (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294837) |
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Date: October 19th, 2021 1:36 AM Author: Hideous Fortuitous Meteor Puppy I dunno, I'd have to pore over the annals of history to find an instance of a fraudly asset class getting some sort of bail out because it's grown large enough to cause a systemic collapse (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294849) |
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Date: October 19th, 2021 1:40 AM Author: coiffed drunken parlor patrolman the stronger argument is that crypto represents a legit threat to the trad financial system, so at a time and place of their choosing they will pull the plug and the dollar will return to its "safe haven" status
makes zero sense for the people who run the entire world to hand over power to a bunch of basement dwelling nerds who bought crypto early |
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Date: October 19th, 2021 1:45 AM Author: Hideous Fortuitous Meteor Puppy how does this square with your prediction of a precious metals moon? wouldn't the government just ban gold ownership like they did during the great depression? (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294882) |
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Date: October 19th, 2021 1:48 AM Author: coiffed drunken parlor patrolman russia and china have been mass-stockpiling gold and building up their reserves like crazy since the financial crisis
there's a reason why central banks around the world hoard gold. it's because, despite the bullshit they spew and confidence game they play with fiat, they know ultimately that gold is money and those who don't have it when the debt bubble pops will be left with nothing |
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Date: October 19th, 2021 12:48 AM Author: Boyish sapphire national (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#43294689) |
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Date: May 12th, 2022 2:29 AM Author: coiffed drunken parlor patrolman (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#44497803) |
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Date: June 11th, 2022 12:03 PM Author: Godawful really tough guy (http://www.autoadmit.com/thread.php?thread_id=4944810&forum_id=2#44665607) |