1 Tether is now worth only $0.996. For some time now the Tether price has been decreasing. Yes the Tether price always jumps around a bit, but it has been steadily falling for some time now. Picrel.
Something is going on with Tether
Matthew Perry
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Eli Johnson
Dominic Martin
>load the tether fud again
Ryder Cooper
pee pee poo poo
Juan Cooper
They are selling tether for bitcoin fuckin retard
Aaron Murphy
Look at the marketcap of tether for the last month.
Someone is withdrawing 1B every day, and crypto is crashing (probably tether selling assets to have money in bank). Yesterday tether did not redeem more than 100M and today the market was green.
Coincidence?
Everyone knows Tether will collapse. We just argue when.
Luis Foster
zoom out
Jayden Nguyen
meds
Samuel Davis
>tether fud
bottom is in
Joseph Stewart
It's not a crazy idea.
Tether is on the red. I will even explain how they got there.
>you give 1 dollar to tether
>tether mint 1 USDT, a token that they swear it will always be worth 1 USD
>instead of holding this 1 dollar, and consequently going bankrupt because you don't make any money to cover you expenses, tether re-invest this 1 dollar
>tether invest your 1 dollar in high risk, high profit investments, such as crypto
>tether people are not stupid, they put your money in many baskets
>then all cryptos start to lose value
>the assets brought @1 USD now are worth something like 0.35
>they still own you a dollar
Yeah, I know not all assets are crypto, tin fact, half of it is treasury bounds (allegedly from the USA government), the problem with them is, if you sell them before they mature, you are not making money...
You see where I want to get?
Charles Stewart
>a "meds" post
Huge red flag that OP is correct. Holy shit.
Grayson Lee
>OH NO TETHER
>MEANWHILE USDD IS CRASHING
Connor Wright
USDD has a market cap of less than 700M.
Tether was redeeming 1B a day...
Hudson Price
>meds
James Kelly
They are being taken out in a specific order. Next goes USDD, USDT will be last until only USDC is left standing.
Jaxon Walker
>meds
Wyatt Brown
Tetherfud is the most mongoloid nothingburger of all time
Nolan Scott
Tether is 3x bigger than Terra. Crypto still did not recover LUNA crash.
Zachary Garcia
Noah Nguyen
>0 meds taken
sad, such is life of a tether truther
Ryder Baker
Cope
Lucas Foster
>meds, meds meds
Is our equivilant of redditards calling anything they dont like "fud". It just means you cant defend your position with facts. Tether collapse eow
Hudson Jackson
cope
there has been tether fud since 2014. literally none of it has come true. unironically take your meds