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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20930. (Read 26707222 times)

legendary
Activity: 1092
Merit: 1000
If you have half a brain it's time to short, check out the resistance line at bitfinex. Expect either a huge pump (insanely ulikely) or a dump.

yeahhh i see it
this is a litle pump before hard pump may be next 2-3 days will be pumping it



we have to move real slow sideways for awhile or we might break bitfinex ..
legendary
Activity: 1456
Merit: 1000


One of these days, we will strike the jackpot 777 777 777
hero member
Activity: 756
Merit: 503
If you have half a brain it's time to short, check out the resistance line at bitfinex. Expect either a huge pump (insanely ulikely) or a dump.

yeahhh i see it
this is a litle pump before hard pump may be next 2-3 days will be pumping it
and now price up +30%  Cool
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
sr. member
Activity: 344
Merit: 250
"Withdrawal processing has been restored to normal, withdrawals should all be processed shortly."

All right people, the disaster has been averted and the price is at $222.22. That means you must buy, because it is a magic number in China!
hero member
Activity: 854
Merit: 1000
legendary
Activity: 1176
Merit: 1000
I see the price has inexplicably failed to collapse to double digits.

 Grin
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 545
Merit: 500
What exactly is going on at Finex?

Have they come out with any sort of official statement?
Well, on Twitter they said: "Trading has resumed. We'll update everyone with more detail as to what happened shortly."

Usually, with Bitcoin exchanges, statements like these mean they will never tell any outsider what happened exactly.

This tweet is the nearest thing to a statement that I could find. It suggests their trading engine's database is corrupt, and there has already been a complaint from one of their customers that his balance is not correct. I've not found a proper official statement anywhere yet, only that tweet.

https://twitter.com/bitfinex/status/636258874606133248

Quote
Bitfinex.com ‏@bitfinex  2h 2 hours ago
We are experiencing data corruption issues and will be offline until corrected. Sorry for the inconvenience.

I believe them as much as I believe they actually had $30million ready to buy BTC.
sr. member
Activity: 341
Merit: 250
What exactly is going on at Finex?

Have they come out with any sort of official statement?
Well, on Twitter they said: "Trading has resumed. We'll update everyone with more detail as to what happened shortly."

Usually, with Bitcoin exchanges, statements like these mean they will never tell any outsider what happened exactly.

This tweet is the nearest thing to a statement that I could find. It suggests their trading engine's database is corrupt, and there has already been a complaint from one of their customers that his balance is not correct. I've not found a proper official statement anywhere yet, only that tweet.

https://twitter.com/bitfinex/status/636258874606133248

Quote
Bitfinex.com ‏@bitfinex  2h 2 hours ago
We are experiencing data corruption issues and will be offline until corrected. Sorry for the inconvenience.
hero member
Activity: 545
Merit: 500
If you have half a brain it's time to short, check out the resistance line at bitfinex. Expect either a huge pump (insanely ulikely) or a dump.
sr. member
Activity: 344
Merit: 250
What exactly is going on at Finex?

Have they come out with any sort of official statement?
Well, on Twitter they said: "Trading has resumed. We'll update everyone with more detail as to what happened shortly."

Usually, with Bitcoin exchanges, statements like these mean they will never tell any outsider what happened exactly.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
What exactly is going on at Finex?

Have they come out with any sort of official statement?

https://www.reddit.com/user/zanetackett

That's a good source too.
legendary
Activity: 1218
Merit: 1000
What exactly is going on at Finex?

Have they come out with any sort of official statement?
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Wow, just imagine if only a few thousand of Finex coins could get withdrawn and hit Bitstamps or Krakens empty orderbook during the next bear raid!
We all know that the network will get spammed by coinwallet.eu with a resulting 30d delay in transactions in 6 days, so any sane person would put it on a exchange now instead of putting it into coldwallet, maybe inca and LFC will but who else?


WOW
WOW
WOW


Stamp shows at least ~ 1,7m (~9000BTC) in bids before we go to double digits!

BULLISH!


No XT fud?

XT is just a lame excuse used by bullscammers for the current drop . The real reason is, as always, scammin exchanges and most important  no one buyin or puttin additional money into a technology no one is usin beside a few criminals. Price has only been held up by fake buy orders on Finex with BTC used as collateral. Now that they are dying, we will discover the "real" price. Call me when Bistamp has more than 5-10m, in it´s orderbook,  then i might buy again....

I don't have your phone number. Can I PM instead?
legendary
Activity: 1615
Merit: 1000
i'm just going by what their twitter says.

Somewhere out there there must be a customer relations manual stressing the importance of only making announcements on downtime etc. in chats, private emails and 3rd party sites - never on the service's own announcement page! And someone must have sent free copies to all the exchange operators.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
So if people wan´t at least try to withdraw their coins i guess they would have to close their positions first.

100k+ BTC long vs. 20k BTC short

Do the math    Undecided

100k-20k=80k

80k/Yx3,14=$32000 coins!!!

CCMF!!!



What if Bitfinex doesn't have enough coins to pay everyone if they all withdraw at the same time? They might go offline and keep saying they will reopen sometime in the future like Gox did. I don't think Bitfinex has ever done a proof of reserves, or has it?

What if they simply had some technical stuff they needed to fix?

An audit (sort of): https://bitcointalksearch.org/topic/ann-bitfinex-passes-proof-of-solvency-audit-560457
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Wow, just imagine if only a few thousand of Finex coins could get withdrawn and hit Bitstamps or Krakens empty orderbook during the next bear raid!
We all know that the network will get spammed by coinwallet.eu with a resulting 30d delay in transactions in 6 days, so any sane person would put it on a exchange now instead of putting it into coldwallet, maybe inca and LFC will but who else?


WOW
WOW
WOW


Stamp shows at least ~ 1,7m (~9000BTC) in bids before we go to double digits!

BULLISH!


No XT fud?
sr. member
Activity: 341
Merit: 250
So if people wan´t at least try to withdraw their coins i guess they would have to close their positions first.

100k+ BTC long vs. 20k BTC short

Do the math    Undecided

100k-20k=80k

80k/Yx3,14=$32000 coins!!!

CCMF!!!



What if Bitfinex doesn't have enough coins to pay everyone if they all withdraw at the same time? They might go offline and keep saying they will reopen sometime in the future like Gox did. I don't think Bitfinex has ever done a proof of reserves, or has it?
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