Tether did 5BB+ in profit in first half = Greatest biz in history

[Frederick Foresight]

Tether has a shady past I admit, but those days are done.

What, they got religion?

 

[NoahA]

You don't need any research! just look at Tether supply and compare it to bitcoin chart! Beyond ridiculous. $100B ponzi scheme out in plain sight!

View attachment 345385

Ok.. now do an M2 money supply chart and you tell me where the ponzi is!!!

 

[GlobalMacro90]

You don't need any research! just look at Tether supply and compare it to bitcoin chart! Beyond ridiculous. $100B ponzi scheme out in plain sight!

View attachment 345385

what does this show? It just shows more people are using tether over time

 

[GlobalMacro90]

No. I had lost the ability to hedge in vol in a reasonable mkt. Imagine a founder whose stock is trading $125/share and his cost basis is $1. The carry on the hedge became too costly and diversification (isn't).

so you could of had over 8 million bucks in bitcoin right now and you don’t be of hedging?

 

[poopy]

so you could of had over 8 million bucks in bitcoin right now and you don’t be of hedging?

You have no clue where I covered and what hedges were in place.

 

[GlobalMacro90]

You have no clue where I covered and what hedges were in place.

ok

 

[johnarb]

It just shows more people are using tether over time

I think Tether usdt is the best version of the usd outside of the US

In Asia, usdt is highly liquid, 24/7, it takes a few taps on the phone or few clicks on the computer and you have local fiat

For the people who know how, they are switching from Eurodollars to Tether usdt and the market prices usdt higher than even physical dollar notes

 

[Overnight]

You have no clue where I covered and what hedges were in place.

Make them known, then? You constantly talk the talk...

 

[GlobalMacro90]

You have no clue where I covered and what hedges were in place.

did your strategy make you over $8 million in profit like just holding the Bitcoin would have?

 

[poopy]

did your strategy make you over $8 million in profit like just holding the Bitcoin would have?

Did yours?

I've posted the addresses here which show >100 bought with an average under $425. I've also posted the sales. I used the proceeds to fund an Equity RBH-account which I quadrupled in 2Y.

An anon telling me to hold crypto when he's probably long a single BTC from 50K.

What does $5BB represent?