[SCAM] BitFinex: the next MtGox? They have pumped BTC with fake Tethers!

mayax

legendary

Activity: 1470

Merit: 1004

Quote from: gentlemand on September 04, 2017, 08:51:48 AM

This'll end up far worse than Gox unless it either fades away or is brought to heel. It's worked its way into multiple exchanges. The people behind are such autists that they don't seem to think there's any type of problem.

I really wish the Bitfinex crew had buggered off years ago. They're the major cancer on this market and need to be sliced out.

too bad that there are only few people who really think.

I said and warned about shit exchangers like Bitfinex, BTC-e, Kraken, Poloniex since years ago. They are like a plague, cancer ...whatever you want to call it. They are really scammers and fraudsters. the BTC media is blind (corrupt); no words about Bitfinex shit.

https://bitcointalksearch.org/topic/m.20726680

AmXProX

sr. member

Activity: 336

Merit: 250

Quote from: Sevvero on September 04, 2017, 09:34:32 AM

Quote from: gentlemand on September 04, 2017, 08:51:48 AM

This'll end up far worse than Gox unless it either fades away or is brought to heel. It's worked its way into multiple exchanges. The people behind are such autists that they don't seem to think there's any type of problem.

I really wish the Bitfinex crew had buggered off years ago. They're the major cancer on this market and need to be sliced out.

This will utterly destroy crypto guaranteed, it has already begun. Place your shorts now

Does not matter if you short or not, when they close shop, and they are going to soon, it doesn't matter what position your in, you coins and fiat are going to be non-existant. If you can, get your money out now. Just look on the Service Discussion page. 4 or 5 is about issues with Bitfinex alone. That should say something to you.

Sevvero

sr. member

Activity: 350

Merit: 255

Quote from: gentlemand on September 04, 2017, 08:51:48 AM

This'll end up far worse than Gox unless it either fades away or is brought to heel. It's worked its way into multiple exchanges. The people behind are such autists that they don't seem to think there's any type of problem.

I really wish the Bitfinex crew had buggered off years ago. They're the major cancer on this market and need to be sliced out.

This will utterly destroy crypto guaranteed, it has already begun. Place your shorts now

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

This'll end up far worse than Gox unless it either fades away or is brought to heel. It's worked its way into multiple exchanges. The people behind are such autists that they don't seem to think there's any type of problem.

I really wish the Bitfinex crew had buggered off years ago. They're the major cancer on this market and need to be sliced out.

Samarkand

sr. member

Activity: 658

Merit: 282

Quote from: johnnybtct on September 04, 2017, 07:10:08 AM

Very interresting, thanks, if that's truth, real BTC price now should be around 1,800-2000USD with steady slow growth.

How did you calculate this number?

Regarding Tether:
Another suspicious element of the whole Tether story is available right at the Tether website.

https://wallet.tether.to/transparency

The numbers match the amount that is displayed in the omnichest link provided in the opening post.
However, if Tether was actually working as they advertise, the amount would have to fluctuate, because
sometimes a Tether user/investor would want to exchange his USDT into real USD.
Therefore the total supply of Tethers should actually experience a drop from time to time.

Interestingly, there never was a single drop in the Tether supply and instead the total amount of
issued Tethers increased to a staggering 364 million $.

The fact that the issued amount of Tethers never declined, is a huge red flag!
This would essentially imply that no investor or user has actually ever exchanged their USDT, which
is completely unbelievable.

Sevvero

sr. member

Activity: 350

Merit: 255

Quote from: johnnybtct on September 04, 2017, 07:10:08 AM

Very interresting, thanks, if that's truth, real BTC price now should be around 1,800-2000USD with steady slow growth.

Lower than that, price is manipualted, short now if you want to make a killing and rebuy below 1000$.

johnnybtct

newbie

Activity: 31

Merit: 0

Very interresting, thanks, if that's truth, real BTC price now should be around 1,800-2000USD with steady slow growth.

Sevvero

sr. member

Activity: 350

Merit: 255

https://medium.com/@bitfinexed/are-fraudulent-tethers-being-used-for-margin-lending-on-bitfinex-5de9dd80f330

https://hackernoon.com/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4

https://medium.com/@bitfinexed/why-wont-bitfinex-tether-publish-already-existing-audit-reports-as-they-promise-future-bitfinex-51d26d14d226

http://omnichest.info/lookupadd.aspx?address=3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL

Read this and weep. BitFinex scam exchange caused this huge raise in March and it will be the undoing of the market. The correction will be dramatic.

You don't wonder why these cretins are not publishing their audit reports? Makes you wonder eh?

Topic: [SCAM] BitFinex: the next MtGox? They have pumped BTC with fake Tethers! (Read 914 times)