[OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 19.

mayax

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Quote from: TheQuin on January 22, 2018, 01:50:23 AM

Quote from: mayax on January 21, 2018, 07:41:26 PM

More about Bitfinex gang (including Tether) : https://steemit.com/cryptocurrency/@cryptoscopia/making-sense-of-the-tether-situation Roll Eyes

There are so many false statements in that it would take all day to point them out.

Quote from: mayax on January 21, 2018, 07:41:26 PM

TheQuin, this is what you are promoting. you are shill for a criminal gang which will end in prison.

I'm not promoting anything. I'm just pointing out that most of what you say is either just speculation with no basis in fact or just plain wrong.

how much new money US government prints daily? U.S. Bureau of Engraving and Printing prints $541 mln daily, but 95% are just replacing old and worn out banknotes so actual number of new money is $27 mln daily. That gives it $540 mln new dollars printed in first 20 days of January 2018 by US government.

The result:

Tether: 700 mln USD

US Government: 540 mln USD

unnamed Taiwanese – Virginean Isles company won against the Federal Reserve!

who is behind Bitfinex and there is no entity data, no telephone, no address, there is not even a contact form, nothing. yeah, we know, it's a criminal gang but this gang won't give you the funds back once they will exit. Wink

TheQuin

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Quote from: mayax on January 21, 2018, 07:41:26 PM

More about Bitfinex gang (including Tether) : https://steemit.com/cryptocurrency/@cryptoscopia/making-sense-of-the-tether-situation Roll Eyes

There are so many false statements in that it would take all day to point them out.

Quote from: mayax on January 21, 2018, 07:41:26 PM

TheQuin, this is what you are promoting. you are shill for a criminal gang which will end in prison.

I'm not promoting anything. I'm just pointing out that most of what you say is either just speculation with no basis in fact or just plain wrong.

mayax

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More about Bitfinex gang (including Tether) : https://steemit.com/cryptocurrency/@cryptoscopia/making-sense-of-the-tether-situation Roll Eyes

TheQuin, this is what you are promoting. you are shill for a criminal gang which will end in prison.

many people like this one will be : https://youtu.be/YagUXXtyFn4?t=409

TheQuin

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Quote from: Samarkand on January 21, 2018, 05:09:47 AM

I agree that the BTC/USD market is less susceptible to such occurences. However, there is also
a precedent....

Sure, I've seen flash crashes in the S&P 500 and various forex pairs, nothing is immune. I just think you are overstating both the chances of it happening and the impact of such an event. I know it all fits in nicely with the narrative of the story 'Tether brings the whole house down'. But it is all a bit far-fetched and requiring an active imagination.

Samarkand

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Quote from: TheQuin on January 21, 2018, 04:12:38 AM

...
The BTCUSD market has much more liquidity so is far less susceptible to such occurrences. As trading is a zero-sum game these events don't affect exchanges just individual traders.

...

I agree that the BTC/USD market is less susceptible to such occurences. However, there is also
a precedent where a much more liquid trading pair (ETH/USD at Coinbase/GDAX) had a flash crash
(https://www.cnbc.com/2017/06/22/ethereum-price-crash-10-cents-gdax-exchange-after-multimillion-dollar-trade.html).
This is the reason why I argue that a cascade of margin calls in the BTC/USD market would be a real
bloodbath compared to the NEO flash crash, which had only negligible impact, because most
people don´t trade NEO/USD at all.

Besides, I think that the impact on the different exchanges would be incommensurable.
Exchanges like Bitfinex that offer margin trading and actually finance the margin positions
by P2P lending would be much more affected by a huge decline in the Bitcoin price than exchanges
like Bitstamp. An exchange that doesn´t offer margin trading at all can´t be jeopardized by
a cascade of margin calls.

I also look forward to seeing whether Tether is still around in a year!

TheQuin

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Quote from: Samarkand on January 20, 2018, 06:27:04 AM

I´d be extremely surprised if Tether would last another year.

*Places reminder in calendar for 20/01/2019*

I look forward to discussing this with you then.

Quote from: Samarkand on January 20, 2018, 06:27:04 AM

Just take a look at the NEO flash crash a few months ago. If a similar flash crash would
occur in the BTC/USD market it would be a complete bloodbath.

The BTCUSD market has much more liquidity so is far less susceptible to such occurrences. As trading is a zero-sum game these events don't affect exchanges just individual traders.

The other thing that is often overlooked is that unlike when Mt. Gox went under there are many more large exchanges now. Bitfinex accounts for less than 20% of the BTCUSD market. As such it would have little impact on the market as a whole.

Quote from: Samarkand on January 20, 2018, 06:27:04 AM

....operations often ramp up their fraudulent activities near the end of their lifespan. A development like
this would pretty much look like what we are witnessing now....

If I hadn't been listening to people saying this is the end game for so many months I might take this a little more seriously.
It's actually quite amusing to see people pointing at Bitfinex's and Tethers' success and saying it means they must be a fraud.

mayax

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Quote from: Samarkand on January 20, 2018, 06:27:04 AM

Quote from: TheQuin on January 20, 2018, 02:33:24 AM

...

How many years without Tether collapsing will it take for you to work out you're wrong?

I´d be extremely surprised if Tether would last another year.
They have issued more than 400M$ in the last week alone in order
to prop up the cryptocurrency markets.
Many people think that they are in a quandary, because they can´t let
the prices drop too much, because this would cause a cascade of margin calls
at Bitfinex, which would crash the price even further.

Just take a look at the NEO flash crash a few months ago. If a similar flash crash would
occur in the BTC/USD market it would be a complete bloodbath.

Just assume for a moment that Tethers are (partly) unbacked and the whole
operation is an elaborate fraud. I´m not saying that it really is one, just assume
that for a second. It is well known that these kind of operations often ramp up
their fraudulent activities near the end of their lifespan. A development like
this would pretty much look like what we are witnessing now, with daily
issuances of 100M$ of Tether or even more.

an "institutional investor" that is interested in Bitcoin, is going to buy hundreds of millions worthless of Tethers first, in order to buy Bitcoin. Cheesy

from where? from an unlicensed exchangers, with no real office and 3 times "hacked".

Bitfinex needs exponentially more and more counterfeit money to prop this market up.

Samarkand

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Quote from: TheQuin on January 20, 2018, 02:33:24 AM

...

How many years without Tether collapsing will it take for you to work out you're wrong?

I´d be extremely surprised if Tether would last another year.
They have issued more than 400M$ in the last week alone in order
to prop up the cryptocurrency markets.
Many people think that they are in a quandary, because they can´t let
the prices drop too much, because this would cause a cascade of margin calls
at Bitfinex, which would crash the price even further.

Just take a look at the NEO flash crash a few months ago. If a similar flash crash would
occur in the BTC/USD market it would be a complete bloodbath.

Just assume for a moment that Tethers are (partly) unbacked and the whole
operation is an elaborate fraud. I´m not saying that it really is one, just assume
that for a second. It is well known that these kind of operations often ramp up
their fraudulent activities near the end of their lifespan. A development like
this would pretty much look like what we are witnessing now, with daily
issuances of 100M$ of Tether or even more.

TheQuin

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Quote from: mayax on January 20, 2018, 06:03:09 AM

You do realize that you are pathetic, right?

Do you realise that the fact that you THINK Tether is a scam is completely meaningless?

You cannot believe that Tether is for real for whatever personal reasons you have. That's fine but simply insulting anyone who isn't convinced by your theories and complete lack of evidence to support them is not a winning argument.

mayax

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Quote from: TheQuin on January 20, 2018, 04:36:33 AM

Quote from: mayax on January 20, 2018, 03:40:57 AM

Proof? LOL . There are hundreds of proofs.
#snip irrelavant links~

That's proof that Tethers were created not proof that they are not genuinely paid for.

Quote from: mayax on January 20, 2018, 03:40:57 AM

Who can think that Tether is "receiving" $100 million a day in customer deposits via its diminutive Polish bank and then converting these into USDT?

You are confusing Bitfinex's banking arrangements with Tether's.

Quote from: mayax on January 20, 2018, 03:40:57 AM

Anyone who thinks cryptocurrency has had $250m of investment in 3 days is fucking retarded.

It really doesn't make any difference what you or anyone thinks. Thinking something is a fraud doesn't equal evidence of the same.

You do realize that you are pathetic, right?

Each day the US Treasury prints approximately $500,000,000 in new bills.

Yesterday, Tether printed $200,000,000 worth of USDT. It’s not going to be long before they are literally printing more money than the feds. Cheesy

Tether is "receiving" $100-$200 millions a day in customer deposits, right? Roll Eyes

TheQuin

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Quote from: mayax on January 20, 2018, 03:40:57 AM

Proof? LOL . There are hundreds of proofs.
#snip irrelavant links~

That's proof that Tethers were created not proof that they are not genuinely paid for.

Quote from: mayax on January 20, 2018, 03:40:57 AM

Who can think that Tether is "receiving" $100 million a day in customer deposits via its diminutive Polish bank and then converting these into USDT?

You are confusing Bitfinex's banking arrangements with Tether's.

Quote from: mayax on January 20, 2018, 03:40:57 AM

Anyone who thinks cryptocurrency has had $250m of investment in 3 days is fucking retarded.

It really doesn't make any difference what you or anyone thinks. Thinking something is a fraud doesn't equal evidence of the same.

mayax

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Quote from: TheQuin on January 20, 2018, 02:33:24 AM

Quote from: mayax on January 19, 2018, 07:02:22 PM

The criminal gang, Bitfinex:

Tether, a Bitfinex company, now prints $100 million DAILY Cheesy

http://stockemperor.com/currencies/tether-now-prints-100-mln-usd-daily/

Says some blogger not providing a single shred of evidence. Roll Eyes

How many years without Tether collapsing will it take for you to work out you're wrong?

Proof? LOL . There are hundreds of proofs.

http://omnichest.info/lookuptx.aspx?txid=3691adbbe8342f6fde7bc549fcb0991decbe3bd040d01d87ee7970c0e47f3e9a

On Jan 15 : Another $100 Million

http://omnichest.info/lookuptx.aspx?txid=c9fca1a9ce81e58505f07c2230170524d3f3fa5f185a05a4762e6abfda538de4

On Jan 14 : Another $ 50 millions

http://omnichest.info/lookuptx.aspx?txid=bafbcb0a1700f7bbcb610fdf11111f3918d00af8d0bcede0928ffd50910d9ce7

Who can think that Tether is "receiving" $100 million a day in customer deposits via its diminutive Polish bank and then converting these into USDT?

Anyone who thinks cryptocurrency has had $250m of investment in 3 days is fucking retarded.

TheQuin

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Quote from: mayax on January 19, 2018, 07:02:22 PM

The criminal gang, Bitfinex:

Tether, a Bitfinex company, now prints $100 million DAILY Cheesy

http://stockemperor.com/currencies/tether-now-prints-100-mln-usd-daily/

Says some blogger not providing a single shred of evidence. Roll Eyes

How many years without Tether collapsing will it take for you to work out you're wrong?

mayax

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The criminal gang, Bitfinex:

Tether, a Bitfinex company, now prints $100 million DAILY Cheesy

http://stockemperor.com/currencies/tether-now-prints-100-mln-usd-daily/

TheQuin

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Quote from: NiceSoft12 on January 15, 2018, 03:53:44 PM

Oh I see. Does anyone want to buy a huge bitfinex affiliate account? Unverified. So you can get it verified and it's yours!

This is the wrong place to do it. Open a thread in Marketplace > Goods https://bitcointalk.org/index.php?board=51.0 if you have something to sell.

As the others have already said buying a used trading account is highly risky and I doubt many will be interested.

Quickseller

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Quote from: NiceSoft12 on January 15, 2018, 03:53:44 PM

Oh I see. Does anyone want to buy a huge bitfinex affiliate account? Unverified. So you can get it verified and it's yours!

I don't think this would be a very good idea, honestly.

Sukrim

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And have it clawed back by the original owner? Roll Eyes

NiceSoft12

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Oh I see. Does anyone want to buy a huge bitfinex affiliate account? Unverified. So you can get it verified and it's yours!

Sukrim

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Quote from: NiceSoft12 on January 15, 2018, 12:50:40 PM

Quote from: Sukrim on January 15, 2018, 10:38:58 AM

Quote from: NiceSoft12 on January 15, 2018, 10:25:20 AM

So does not affiliate program not allow new users to sign up under you? It's great that the old users are still getting income and they are going to give commission for life for that.

Even though signups are said to be available again, I haven't seen anyone use the affiliate link in my sig since the announcement...

It still says "[Disabled for new signups] You can refer people with the following URL: https://www.bitfinex.com/?refcode=x5K9YtL3Zb" in the UI...

What do you mean in the UI?

In the user interface on the website where the referral code is listed.

FractalUniverse

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mine too, i think their new affiliate program is not ready yet

Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 19. (Read 723861 times)