Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14917. (Read 26716992 times)
January 28, 2018, 07:29:45 AM
Ok I just read the latest article about Tether on Coindesk. I read between the lines that Theter did not want Friemann to dig too deep. That 's it guys, Tether is over and out. Now what will be the consequences?
January 28, 2018, 07:10:50 AM
12k still cannot be broken.
Hopefully this happens sometime soon and more importantly we don't crash right back to 10-10,5k after touching 12k+.
On a sidenote: What's up with Ethereum? Rose 10% in the last 5-6 hours.
Hopefully this happens sometime soon and more importantly we don't crash right back to 10-10,5k after touching 12k+.
On a sidenote: What's up with Ethereum? Rose 10% in the last 5-6 hours.
January 28, 2018, 06:50:57 AM
Bitfinex has a minimum withdrawal of 0.02 BTC meaning you can’t withdraw small amounts in BTC.
January 28, 2018, 06:46:29 AM
...
Wouldn't ETH be better than LTC for that? I wonder if that's why ETH is still rising now.
Wouldn't ETH be better than LTC for that? I wonder if that's why ETH is still rising now.
This was just a rumor that was spread by some people. It was also during the peak of Bitcoin
network congestion with 200k+ unconfirmed transactions. I could be wrong, but I remember that
the Ethereum network had similar problems with congestion during this time due to stuff like CryptoKitties?
I think there is at least a bit of truth to the rumor, because using LTC you could cash out your whole
balance from an exchange for less than 1 $ while Bitcoin confirmation times and transaction fees were through the roof
due to the spam attacks by the nefarious actors from the BCH fan club.
edit: I should clarify that I was talking about a period of time that was a few weeks ago and
not any current price action
January 28, 2018, 06:42:52 AM
How high will the BTC/USD price go at Bitfinex when all people will try to buy Bitcoin
in order to get their funds off the exchange? This could provide us with
a crazy BTC/USD price rise (at least temporarily) if this is indeed the end of Bitfinex
and Tether.
I remember that some people floated the theory that parts of the recent Litecoin price
run-up where caused by people, who wanted to withdraw from exchanges in a reasonable
timeframe during the recent Bitcoin network congestion and therefore bought LTC with their funds.
This encouraged new investors, who saw the LTC/USD price gains and piled their funds
into Litecoin, which also increased media coverage, which resulted in even more investors.
This could get really crazy if this is indeed the end of Tether.
Never a dull day in Bitcoin land
Wouldn't ETH be better than LTC for that? I wonder if that's why ETH is still rising now. in order to get their funds off the exchange? This could provide us with
a crazy BTC/USD price rise (at least temporarily) if this is indeed the end of Bitfinex
and Tether.
I remember that some people floated the theory that parts of the recent Litecoin price
run-up where caused by people, who wanted to withdraw from exchanges in a reasonable
timeframe during the recent Bitcoin network congestion and therefore bought LTC with their funds.
This encouraged new investors, who saw the LTC/USD price gains and piled their funds
into Litecoin, which also increased media coverage, which resulted in even more investors.
This could get really crazy if this is indeed the end of Tether.
Never a dull day in Bitcoin land
January 28, 2018, 06:41:35 AM
Long term yes it’s good, we need to flush bad actors. Short term it might sting a bit.
January 28, 2018, 06:40:29 AM
That’s the 1BTC question isn’t it. Will Tether FUD create a pump? Even if it does, someone has to pay the piper at the end.
Wouldn´t a removal of bad actors (let´s assume that Tether is indeed a fraudulent operation and not legit
for the sake of argument) from the Bitcoin ecosystem be a good thing for the long-term future of Bitcoin?
If the big nefarious actors (e.g. fraudulent exchanges) are removed from the market this would
increase the likelihood of the approval of things like a Bitcoin ETF or even better news like the inclusion
of Bitcoin into the SDR basket of the IMF.
Besides, this could allow a user like BobLawblaw to retire with a much bigger nest egg
if this pushes Bitcoin above the 25000 $ threshold (or even higher) temporarily.
This of course assumes that other exchanges will still follow the price rise of the BTC/USD trading
pair of Bitfinex to some extent (e.g. due to arbitrage bots).
January 28, 2018, 06:34:24 AM
That’s the 1BTC question isn’t it. Will Tether FUD create a pump? It looks like it is doing that right now. Except someone has to pay the piper at the end.
The brutal part is, a pump makes it worse due to FOMO out of Tether into crypto.
The brutal part is, a pump makes it worse due to FOMO out of Tether into crypto.
January 28, 2018, 06:28:01 AM
How high will the BTC/USD price go at Bitfinex when all people will try to buy Bitcoin
in order to get their funds off the exchange? This could provide us with
a crazy BTC/USD price rise (at least temporarily) if this is indeed the end of Bitfinex
and Tether.
I remember that some people floated the theory that parts of the recent Litecoin price
run-up where caused by people, who wanted to withdraw from exchanges in a reasonable
timeframe during the recent Bitcoin network congestion and therefore bought LTC with their funds.
This encouraged new investors, who saw the LTC/USD price gains and piled their funds
into Litecoin, which also increased media coverage, which resulted in even more investors.
This could get really crazy if this is indeed the end of Tether.
Never a dull day in Bitcoin land
in order to get their funds off the exchange? This could provide us with
a crazy BTC/USD price rise (at least temporarily) if this is indeed the end of Bitfinex
and Tether.
I remember that some people floated the theory that parts of the recent Litecoin price
run-up where caused by people, who wanted to withdraw from exchanges in a reasonable
timeframe during the recent Bitcoin network congestion and therefore bought LTC with their funds.
This encouraged new investors, who saw the LTC/USD price gains and piled their funds
into Litecoin, which also increased media coverage, which resulted in even more investors.
This could get really crazy if this is indeed the end of Tether.
Never a dull day in Bitcoin land
January 28, 2018, 06:13:13 AM
January 28, 2018, 06:10:33 AM
*Edit - Volume is also lowest it's been for a long time. Down to 11,500BTC over last 24 hours.
Can you not steal people's jobs. It is Tera's duty to stare at the volume meter.
January 28, 2018, 06:09:02 AM
coinbase arb gap to the moon
Bitfinex starting to get isolated. You know the jig is up when there is a $2k gap between Coinbase and Bitfinex. Or when the arb between Bitfinex and Bitstamp collapses.
USDT at 97.5 cents on Kraken. Peg under pressure. George Soros would love this shit.
January 28, 2018, 05:57:53 AM
coinbase arb gap to the moon
January 28, 2018, 05:56:47 AM
https://bitcointalk.org/index.php?action=merit;stats=topsendat
number 77 yay
but none left
must make cogent posts
seems unlikely
thusly and therefore
hodl
number 77 yay
but none left
must make cogent posts
seems unlikely
thusly and therefore
hodl
January 28, 2018, 05:48:50 AM
$200 spread now between GDAX and Bitstamp & Bitfinex. Kraken and Gemini are finding middle-ground.
WTF Coinbase ?!
WTF Coinbase ?!
They want some paper money!
January 28, 2018, 05:26:02 AM
Whenever I hear a bunch of exuberant comments about trains etc I know a brutal bulltrap is coming
Tera Beara, we don't give a ratt's ass. 
(Nothing personal. I couldn't resist.)
hahahahahahaa
She's not very convincing with her repeated themes, is she?
January 28, 2018, 05:17:59 AM
I am trying to avoid anything that can be printed and/or created out of thin air (i.e. fiat money, tether, whatever)
Do you know there's a thing called bitcoin? I'll stick to that
Do you know there's a thing called bitcoin? I'll stick to that
January 28, 2018, 04:46:26 AM
Isnt a tether failure bullish for bitcoin? Kind of like a fiat failure?
well yeah, eventually
first though it would be a media shitstorm, another major exchange turns out to be fraudulent, doubleplusungood short term
Crypto is full of dumb money that doesn’t understand that the auditor quitting means Tether is swimming naked. I am starting to think this is not a big enough catalyst to cause the herd to run to the exits. Or maybe this is a slow trickle leak in the dam face, who knows.
I'm glad a never traded in USDT - but thinking about getting in for the arbitrage - maybe a bit risky though...
January 28, 2018, 04:25:55 AM
Isnt a tether failure bullish for bitcoin? Kind of like a fiat failure?
well yeah, eventually
first though it would be a media shitstorm, another major exchange turns out to be fraudulent, doubleplusungood short term
Crypto is full of dumb money that doesn’t understand that the auditor quitting means Tether is swimming naked. I am starting to think this is not a big enough catalyst to cause the herd to run to the exits. Or maybe this is a slow trickle leak in the dam face, who knows.
January 28, 2018, 04:10:04 AM
Can anyone give me a hint why GDAX has been the bearish exchange the last couple of days? Could this be a signal that many of their users are making their exit via fiat? Coinbase can be a rather convenient way to do this.
Maybe because some futures depend on it?
https://www.investing.com/currencies/cboe-bitcoin-futures
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