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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12917. (Read 26713953 times)

legendary
Activity: 1652
Merit: 4393
Be a bank
Situation normalised. Bitcoin may now resume downward trend



@ Simon Says: Okay, Tether back at $1.00, yet BFX BTC/USD not under $6700? Hmm, time for Stamp and Coinbase "Pro" to come up and play, the air is great up here.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Situation normalised. Bitcoin may now resume downward trend

legendary
Activity: 3066
Merit: 1188

4. There are some well researched articles showing that the Bitfinex/USD Tether operation has essentially been responsible for the ENTIRE price rise in bitcoin right from $180 to where we are today

Yeah right. Even if you believe that Willy Bot was ENTIRELY responsible for the $1160 bubble, it had to buy 1M bitcoins. How many bitcoins has Tether bought even if you believe that not a single cent backs it? Yet it is responsible for an even greater relative increase? I'm no fan of Tether, but that sounds like "well-researched", class-A bullshit.

it had to buy 1M bitcoins

This part is nonsense. They didn't "have to buy 1M bitcoins" because to do market manipulation you only need enough to create movements in the right direction. Ever noticed how Bitstamp always follows and never leads ? (At least I've never seen Bitstamp lead a bullrun, it constantly has to be "dragged out of bed" by Bitfinex).
legendary
Activity: 1652
Merit: 4393
Be a bank
CZ has the most tether by far
despite all the fud about oh bfx bank run

https://wallet.tether.to/richlist
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
legendary
Activity: 3122
Merit: 1538
yes
Let's reflect on what happened today.

  • There was the start of a run on Bitfinex, which triggered a pump on Bitcoin
  • Fidelity has announced various institutional Bitcoin services
  • Legacy markets are unstable, with another financial crisis expected "soon"

What happens when the next financial crisis hits, and a proportion of the world's financial institutions all try to run on the banks into Bitcoin?





MOON ??

Hyperbitcoinization: https://nakamotoinstitute.org/mempool/hyperbitcoinization/
legendary
Activity: 2744
Merit: 13647
BTC + Crossfit, living life.
Let's reflect on what happened today.

  • There was the start of a run on Bitfinex, which triggered a pump on Bitcoin
  • Fidelity has announced various institutional Bitcoin services
  • Legacy markets are unstable, with another financial crisis expected "soon"

What happens when the next financial crisis hits, and a proportion of the world's financial institutions all try to run on the banks into Bitcoin?





MOON ??
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
If they can time to develop a mechanism for the transfer of a large amount of money, then Bitcoin can go to Mars or bitcoin will be a safe haven for saving money.

You can move a billion dollars with a telegraphic transfer in a couple of hours.

you eat your hat

GHC.  Global Hat Crisis.
legendary
Activity: 1652
Merit: 4393
Be a bank
Let's reflect on what happened today.

  • There was the start of a run on Bitfinex, which triggered a pump on Bitcoin
  • Fidelity has announced various institutional Bitcoin services
  • Legacy markets are unstable, with another financial crisis expected "soon"

What happens when the next financial crisis hits, and a proportion of the world's financial institutions all try to run on the banks into Bitcoin?
bitcoin takes over
socialism utterly ruined
you eat your hat
sr. member
Activity: 406
Merit: 293
Let's reflect on what happened today.

  • There was the start of a run on Bitfinex, which triggered a pump on Bitcoin
  • Fidelity has announced various institutional Bitcoin services
  • Legacy markets are unstable, with another financial crisis expected "soon"

What happens when the next financial crisis hits, and a proportion of the world's financial institutions all try to run on the banks into Bitcoin?



If they can time to develop a mechanism for the transfer of a large amount of money, then Bitcoin can go to Mars or bitcoin will be a safe haven for saving money.
legendary
Activity: 3122
Merit: 1538
yes
Meanwhile, the BFX BTC tether (mini) bubble is slowly deflating. Bitstamp parity soon again?
sr. member
Activity: 406
Merit: 551
I am a banana.
Let's reflect on what happened today.

  • There was the start of a run on Bitfinex, which triggered a pump on Bitcoin
  • Fidelity has announced various institutional Bitcoin services
  • Legacy markets are unstable, with another financial crisis expected "soon"

What happens when the next financial crisis hits, and a proportion of the world's financial institutions all try to run on the banks into Bitcoin?


legendary
Activity: 2842
Merit: 1511
4. There are some well researched articles showing that the Bitfinex/USD Tether operation has essentially been responsible for the ENTIRE price rise in bitcoin right from $180 to where we are today

Yeah right. Even if you believe that Willy Bot was ENTIRELY responsible for the $1160 bubble, it had to buy 1M bitcoins. How many bitcoins has Tether bought even if you believe that not a single cent backs it? Yet it is responsible for an even greater relative increase? I'm no fan of Tether, but that sounds like "well-researched", class-A bullshit.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Let's reflect on what happened today.

  • There was the start of a run on Bitfinex, which triggered a pump on Bitcoin
  • Fidelity has announced various institutional Bitcoin services
  • Legacy markets are unstable, with another financial crisis expected "soon"

What happens when the next financial crisis hits, and a proportion of the world's financial institutions all try to run on the banks into Bitcoin?



sr. member
Activity: 406
Merit: 293
sr. member
Activity: 406
Merit: 551
I am a banana.
Fidelity, the $2.5 trillion Wall Street giant, is launching a brand new institutional brokerage and custody business for crypto

https://theblockcrypto.com/2018/10/15/fidelity-the-2-5-trillion-wall-street-giant-is-launching-a-brand-new-institutional-brokerage-and-custody-business-for-crypto/

Fidelity Launches Institutional Platform For Bitcoin And Ethereum

https://www.forbes.com/sites/michaeldelcastillo/2018/10/15/fidelity-launches-institutional-platform-for-bitcoin-and-ethereum/#5319f43f93c4

Fidelity just made it easier for hedge funds and other pros to invest in cryptocurrencies

https://www.cnbc.com/2018/10/15/fidelity-launches-trade-execution-and-custody-for-cryptocurrencies.html

Quote
Fidelity Investments, which administers more than $7.2 trillion in client assets, announced a new and separate company called Fidelity Digital Asset Services Monday.

Okay, this is very bullish.

Who needs a stinking ETF once the big boys come to town?

Can you imagine if this announcement had come a year ago? The bull run might never have stopped.

Fidelity has been visionary in the crypto space since early on; it's been more than a year since linked Coinbase balances starting showing up in Fidelity accounts.

As it is, news like this is hardly a fart in the wind these days.

It's amazing how institutionally mainstream Bitcoin is becoming right below our noses, and yet the masses still sleep, butt-hurt as ever for perhaps buying the peak and selling too soon (probably to the very institutions they distrusted in the first place).

Fidelity is a privately held company. They don't answer to no stinkin' shareholders or quarterly reports. They are out to conquer Millennial investors, and embracing crypto may launch them well past their competitors into the future.

This is who you have to thank, boys: Abby Johnson, chair and CEO of Fidelity. Bitcoin may largely be a man's world, but we owe a lot of respect to the Abby Johnsons, Elizabeth Starks, and Hester Peirces of the world. They actually get shit done when and where it matters. Fuck you, Jamie Dimon.



One-on-one with Abby Johnson, Fidelity's ultra-private president
http://fortune.com/2014/06/02/one-on-one-with-fidelitys-ultra-private-president/

Fidelity CEO Abigail Johnson says the company is mining cryptocurrencies (1 year ago)
https://techcrunch.com/2017/09/28/fidelity-ceo-abigail-johnson-says-the-company-is-mining-cryptocurrencies/

Fidelity CEO Talks 'Love' For Bitcoin, Why Blockchain Will 'Change' Markets (1.5 years ago)
https://www.coindesk.com/fidelity-ceo-talks-love-bitcoin-blockchain-will-change-markets/
legendary
Activity: 3066
Merit: 1188

Google: "michelle mone steve wozniak", then hit the pictorial summary that appears. Seems you can get in that way without a registration.
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