Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13491. (Read 26719186 times)

legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
legendary
Activity: 1652
Merit: 4393
Be a bank
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
hero member
Activity: 824
Merit: 712
ETF coming on 10th August. Very good for the price short term.

I predict a huge pump incoming and a dump on 10 Aug regardless of the decision
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
At Wex (formerly BTC-E) BTC price touched $9,000 totday. Someone recognising true potential?

Wtf it is 8100 right now what is happening there?
Something is brewing alright. Tether at one stage over 50% almost touching $1.8 today
Tether markets
https://coinmarketcap.com/currencies/tether/#markets



WEX seems to have tether on there trading pairs, but does not use Tether to represent USD trading pairs, right?


Actually, I may have found an answer to my own question, and WEX seems to be differentiating tether from USD, and that could be part of the explanation for their price differentiation, and maybe their withdrawal fees for USD is a product of the USD/USDT trading pairs?
sr. member
Activity: 607
Merit: 278
06/19/11 17:51 Bought BTC 259684.77 for 0.0101
ETF coming on 10th August. Very good for the price short term.
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
I'm here!!! Pwmp is ready!!! ... Where is rocket?? ... I have come for "the rockets" !  Cheesy  Cheesy


I can smell the rocket fuel in the air... And btw... u ppl have too much "hope"! Cheesy Cheesy ... There is no more hope when there are smart contracts for hired guns!  Shocked  Shocked


legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"

Wtf it is 8100 right now what is happening there?

WEX currently has 20% withdrawal fees on USD and EUR, after they removed a few offramps. It was normal until last week, then slowly went to 9%, then 15%, then 20% today.

Notice that as withdrawal fees approach 100%, everything will moon. May or may not be a wexit scam after the exchange may or may not have been sold.

so many new exchanges have popped up... there will be a big elimination coming... trust the old ones, those who never been hacked and let the suckers do the debugging and join the quest for the best DEX.

What are you saying, exactly here? 

WEX is a rebranding of BTC-e, so of course, they have a long history, and surely their last episode was a bit of a shocker with the US Government getting into their system and seizing some of their assets (but seemingly not the crypto)... WEX already had a really decent opportunity to perform an exit scam... so, it seems doubtful that they would do an exit scam...

Of course, some WEX skeptics would assert that they are just engaged in ongoing milking of their customers, and the exit scam will come at some later point, when there is no more customer funds to milk.  Perhaps, perhaps, perhaps?

wtf I am saying?

I don't understand why you feel some kind of need to go on the offensive, over my attempt to interact with you on the above points?  And, apparently from your response, you were working under a false premise to conclude that WEX was some kind of exchange newbie, which it is certainly far from such, because it is a rebranding by seeming necessity.

is that simple?

This could be the answer... When you attempt to oversimplify, then you miss nuances, and come to very likely to be wrong conclusions. ... and if you end up being correct, your correctness becomes a product of chance rather than the strength of your reasoning and/or factual support.

new untested unproven centralized high fees exchange are spring like mushroom in fall and that most will be "hacked"...

Why do you need to say this, when the premise is NOT true, when it comes to WEX?

There could be reasons that WEX does an exit scam, but it is not for the reason that they are new, inexperienced and/or unproven.

By the way, most exchanges, so far have a decently sized centralized component to them.  Surely there are some attempts and aspirations towards decentralized exchanges, but those are far from playing any significant role in the world of crypto exchanges in the near future.  So, yeah,  there is nothing new here, and exchanges have been a weak point in bitcoin history from the beginning - or at least MT GOX in 2010  - and likely today, we could assert that exchanges have become more accountable and responsible in the most recent years, even though they continue to constitute a considerable amount of ongoing centralized (third-party) risk.



I didn't knew that BTC-e was now WEX, thanks for sharing, but what difference does it makes?

It makes a difference because it seems that the essence of your earlier argument was that they were new and did not have a track record.

apprently some posters reported that now it's 20% to retrieve your fiat...

Yes, this explanation about changes to the withdrawal fees does seem to provide a decent explanation regarding what is happening at WEX.. and sure, it could show that there is some kind of run on the bank concerns that WEX is having.. but it does not necessarily mean that they are going to perform an exit scam.  I will grant that the 20% withdrawal of fiat fees is suspicious, and probably has a snowballing effect that decreases the credibility of WEX.
sr. member
Activity: 392
Merit: 254
sr. member
Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !
who cares... what happened at the CME? this is the type of move that can really shift the price violently... and when I say violently... I mean it.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
At Wex (formerly BTC-E) BTC price touched $9,000 totday. Someone recognising true potential?

Wtf it is 8100 right now what is happening there?
Something is brewing alright. Tether at one stage over 50% almost touching $1.8 today
Tether markets
https://coinmarketcap.com/currencies/tether/#markets



WEX seems to have tether on there trading pairs, but does not use Tether to represent USD trading pairs, right?
sr. member
Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !

Wtf it is 8100 right now what is happening there?

WEX currently has 20% withdrawal fees on USD and EUR, after they removed a few offramps. It was normal until last week, then slowly went to 9%, then 15%, then 20% today.

Notice that as withdrawal fees approach 100%, everything will moon. May or may not be a wexit scam after the exchange may or may not have been sold.

so many new exchanges have popped up... there will be a big elimination coming... trust the old ones, those who never been hacked and let the suckers do the debugging and join the quest for the best DEX.

What are you saying, exactly here? 

WEX is a rebranding of BTC-e, so of course, they have a long history, and surely their last episode was a bit of a shocker with the US Government getting into their system and seizing some of their assets (but seemingly not the crypto)... WEX already had a really decent opportunity to perform an exit scam... so, it seems doubtful that they would do an exit scam...

Of course, some WEX skeptics would assert that they are just engaged in ongoing milking of their customers, and the exit scam will come at some later point, when there is no more customer funds to milk.  Perhaps, perhaps, perhaps?

wtf I am saying? is that simple? new untested unproven centralized high fees exchange are spring like mushroom in fall and that most will be "hacked"...

I didn't knew that BTC-e was now WEX, thanks for sharing, but what difference does it makes? apprently some posters reported that now it's 20% to retrieve your fiat...
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"

Wtf it is 8100 right now what is happening there?

WEX currently has 20% withdrawal fees on USD and EUR, after they removed a few offramps. It was normal until last week, then slowly went to 9%, then 15%, then 20% today.

Notice that as withdrawal fees approach 100%, everything will moon. May or may not be a wexit scam after the exchange may or may not have been sold.

so many new exchanges have popped up... there will be a big elimination coming... trust the old ones, those who never been hacked and let the suckers do the debugging and join the quest for the best DEX.

What are you saying, exactly here?  

WEX is a rebranding of BTC-e, so of course, they have a long history, and surely their last episode was a bit of a shocker with the US Government getting into their system and seizing some of their assets (but seemingly not the crypto)... WEX already had a really decent opportunity to perform an exit scam... so, it seems doubtful that they would do an exit scam...

Of course, some WEX skeptics would assert that they are just engaged in ongoing milking of their customers, and the exit scam will come at some later point, when there is no more customer funds to milk.  Perhaps, perhaps, perhaps?

At Wex (formerly BTC-E) BTC price touched $9,000 totday. Someone recognising true potential?

of wex's imminent implosion. yep.

Yes... Something is not right about this, and nearly all cryptos are going up in regards to the dollar value on WEX during this same period.

gox2.0

and it will not be the last... so many new operations... untested, unproven...

Like I mentioned above, I don't believe that we could necessarily assume a Gox 2.0, because WEX already had a decent opportunity to exit scam.  But, surely even if I don't necessarily have a strong negative opinion, an exit scam would not necessarily be totally unexpected...
sr. member
Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !
At Wex (formerly BTC-E) BTC price touched $9,000 totday. Someone recognising true potential?

of wex's imminent implosion. yep.

Yes... Something is not right about this, and nearly all cryptos are going up in regards to the dollar value on WEX during this same period.

gox2.0

and it will not be the last... so many new operations... untested, unproven...
legendary
Activity: 3654
Merit: 8909
https://bpip.org
There was a sports show? I must have missed it.

You didn't miss much. 22 dudes one ball.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
At Wex (formerly BTC-E) BTC price touched $9,000 totday. Someone recognising true potential?

of wex's imminent implosion. yep.

Yes... Something is not right about this, and nearly all cryptos are going up in regards to the dollar value on WEX during this same period.
sr. member
Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !
YYYYYYEEEEEEEAAAAAAAAAHHHHHHHHHHHHHH VVVVVVVVIIIIIIICCCCCCTTTTTTTTOOOOOOOORRRRRRRRRRRRRRYYYYYYYYYY

and shame on you supporters of the pedobritish, the fucking scamers who let young british girls be raped in mass by muslims and the establishment, like jimmy saville.

fuck the uk.

where you from bro?

I am not your bro sob.

so now that the sportshow is over...

can we please talk about the cme? what happened is it still burning? chirak has finally been nuked?

I find it hard to follow you. Do you have any sources I can catch up on?

Sure we're not bros, but we are threadmates. Calm the fuck down, dear.

I was asking you where you're from because you must realise your own country has national tragedies just like this.

https://www.zerohedge.com/news/2018-07-11/cme-exchange-reports-widespread-technical-problem

I am not your friend.
sr. member
Activity: 392
Merit: 254
There was a sports show? I must have missed it.
legendary
Activity: 1652
Merit: 4393
Be a bank
YYYYYYEEEEEEEAAAAAAAAAHHHHHHHHHHHHHH VVVVVVVVIIIIIIICCCCCCTTTTTTTTOOOOOOOORRRRRRRRRRRRRRYYYYYYYYYY

and shame on you supporters of the pedobritish, the fucking scamers who let young british girls be raped in mass by muslims and the establishment, like jimmy saville.

fuck the uk.

where you from bro?

I am not your bro sob.

so now that the sportshow is over...

can we please talk about the cme? what happened is it still burning? chirak has finally been nuked?

I find it hard to follow you. Do you have any sources I can catch up on?

Sure we're not bros, but we are threadmates. Calm the fuck down, dear.

I was asking you where you're from because you must realise your own country has national tragedies just like this.
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
Lame final

Nah man. Croatia must beat the French now.

Thanks for yr support though Wink

ALSO small belgium Engeland again not to important game  Roll Eyes
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