creepto
That's the old narrative, now it's a "Store of value" and a "hedge against inflation".
Creepto is full of scams, can't wait for the Tether saga to end.
8 is their favorite number.
Months out, enough time for Bitfinex to get curbstomped by the DOJ, CFTC, or NYAG.
Also enough time for them to expire worthless.
In this week alone they've printed 4 Billion USDT (totally backed money).
In one year they've printed 43 billion.
Can't wait for the crash, hopefully the market doesn't stay irrational longer than I can stay solvent.
3 Billion printed this week, back then they should've just printed 72 mil USDT.
If times get rough Bitfinex can just print a few billion USDT.
Just wait for the next crash, it's gonna be rough for the ones who don't know how to sell. (Which is the majority.)
3 Billion in a week.
It's hilarious how people think they're winners when they haven't cashed out into FIAT. Can't wait for the repeat of early 2018.
I can't predict when this garbage explodes, but i'll at least have the majority of the money out or all of it. If i'm wrong, i'm wrong, but all of this is fishy as fuck.
Defi loans, using your crypto as collateral to buy more crypto, tether printing off the charts. Most people don't care though, they see number go up and ignore the noise.
I believe that's what you meant. If you think Tether implodes and Bitcoin's price goes higher and higher, I have more creepto to sell you.
I already have puts on RIOT and MSTR. With Elon jumping in perhaps he has some insider info that I don't, or he just enjoys manipulating markets and pump n' dumping. If Tether collapses and it dings TSLA, maybe that's just his way of telling everyone the stock price is too high.