Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15818.

Ibian

legendary

Activity: 2268

Merit: 1278

Quote from: vortex1878 on November 19, 2017, 05:04:05 PM

Beware of Bitfinex!

I had withdrawn everything from them weeks ago. The writings on the wall...
But still hat to use them to buy Iota (what I recommend to everybody though).

My last Iota withdrawals are still pending, more than 5 hours from approval. Iota transactions are instant.
I have opened a support ticket etc. No reply, of course.

I recommend everybody to withdraw everything from Bitfinex, if still possible!!

Dude. They stole a third of everything people had deposited with them a while back. I don't feel sorry for people who lose money with them after that, I point and laugh so others can learn from your example.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: Torque on November 19, 2017, 04:57:46 PM

Quote from: Icygreen on November 19, 2017, 04:31:17 PM

Quote from: Torque on November 19, 2017, 02:48:51 PM

Quote from: Icygreen on November 19, 2017, 12:22:50 PM

I must have forgotten to save the link to the tracking of coinbase user accounts. I think it was Torque who posted it. Anyone kind enough to share it again.

Hey man! Yeah, they have a tally right on their home page, just scroll down a bit where it says "customers served". Currently at 12.8M accounts. It looks like they added ~400K accounts in just about the past week or two. I'm hoping they can average ~1M new accounts per month all through next year.

Thanks, you had found and posted a historical chart as well. Was hoping to see this to get an idea of user adoption on a time scale. If you don't have it saved, I'll just scroll through your posts for the past month or so.

Here's the only one I've seen. I'm not sure where you can find a live updated version.

Thanks. Now to work out if it is leading or lagging.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: vortex1878 on November 19, 2017, 05:04:05 PM

Beware of Bitfinex!

I had withdrawn everything from them weeks ago. The writings on the wall...
But still hat to use them to buy Iota (what I recommend to everybody though).

My last Iota withdrawals are still pending, more than 5 hours from approval. Iota transactions are instant.
I have opened a support ticket etc. No reply, of course.

I recommend everybody to withdraw everything from Bitfinex, if still possible!!

I have to say, the populist campaign against Bitfinex and Tether smells the same as the Bitcoin Cash “flippening” event the previous weekend and the failed Segwit 2X fork this weekend.

I am predicting a massive DDOS attack against BFX this coming weekend (or similar attack).

I also note that I withdrew some BTC from Bitfinex yesterday and it cleared on the first block mined.

BTG-BTC

member

Activity: 89

Merit: 10

Quote from: Torque on November 19, 2017, 05:13:10 PM

Quote from: ivomm on November 19, 2017, 05:09:51 PM

Quote from: vortex1878 on November 19, 2017, 05:04:05 PM

Beware of Bitfinex!

I had withdrawn everything from them weeks ago. The writings on the wall...
But still hat to use them to buy Iota (what I recommend to everybody though).

My last Iota withdrawals are still pending, more than 5 hours from approval. Iota transactions are instant.
I have opened a support ticket etc. No reply, of course.

I recommend everybody to withdraw everything from Bitfinex, if still possible!!

https://twitter.com/bitfinex/status/932287734152081408

I like the one guys reply.
"Always ask for evidence" - Sure. Please provide evidence that you are solvent.

Lol

I will withdraw all my BTG ... Angry

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: Torque on November 19, 2017, 05:20:58 PM

The funny thing is though, I'm not sure any of these exchanges are fully solvent. They could all be running fractional reserves. Or leveraging against other investments. Hence the reason why the whole "yearly independent bitcoin audit" thing seemed to have died 2-3 years ago.

There is one that's kept at it - https://blog.coinfloor.co.uk/post/166790047656/provable-solvency-report-43-october-2017

Not a market mover though.

Quote from: bones261 on November 19, 2017, 05:21:51 PM

The burden of proof should always fall on the party that can show the affirmative. Bitfinex can prove they are solvent.

I don't think anyone doubts they don't have (real) money pouring out of their arse. Does Tether?

My gut feeling is that it probably is backed by real dollars, but the process with which it's achieved is so labyrinthine and snakes across so many accounts and weird little hacks that we may never know.

And regardless of that there's got to be a point where someone American decides that particular party should end no matter what.

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: gentlemand on November 19, 2017, 05:17:35 PM

Quote from: Torque on November 19, 2017, 05:13:10 PM

I like the one guys reply.
"Always ask for evidence" - Sure. Please provide evidence that you are solvent.

Lol

From the same thread - "Burden of proof is with the people making accusations not the other way around"

I've seen this thrown back multiple times by Bitfinex when asked about this.

It doesn't quite compute. People are making an accusation based on a complete lack of evidence to refute it and BFX are only too happy not to provide it.

The burden of proof should always fall on the party that can show the affirmative. Bitfinex can prove they are solvent.

Torque

legendary

Activity: 3780

Merit: 5429

Quote from: gentlemand on November 19, 2017, 05:17:35 PM

Quote from: Torque on November 19, 2017, 05:13:10 PM

I like the one guys reply.
"Always ask for evidence" - Sure. Please provide evidence that you are solvent.

Lol

From the same thread - "Burden of proof is with the people making accusations not the other way around"

I've seen this thrown back multiple times by Bitfinex when asked about this.

It doesn't quite compute. People are making an accusation based on a complete lack of evidence to refute it and BFX are only too happy not to provide it.

The funny thing is though, I'm not sure any of these exchanges are fully solvent. They could all be running fractional reserves. Or leveraging user account coins against other investments. Hence the reason why the whole "yearly independent bitcoin audit" thing seemed to have died 2-3 years ago.

jojo69

legendary

Activity: 3374

Merit: 4738

diamond-handed zealot

wave 5 of this motherfucker is going to be a beast

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: Torque on November 19, 2017, 05:13:10 PM

I like the one guys reply.
"Always ask for evidence" - Sure. Please provide evidence that you are solvent.

Lol

From the same thread - "Burden of proof is with the people making accusations not the other way around"

I've seen this thrown back multiple times by Bitfinex when asked about this.

It doesn't quite compute. People are making an accusation based on a complete lack of evidence to refute it and BFX are only too happy not to provide it.

yefi

legendary

Activity: 2842

Merit: 1511

Quote from: toknormal on November 19, 2017, 04:05:34 PM

Well it's got 14 times more price. (of 12 months ago).

Not different times. A spike is a spike and it's heading back to 2k or lower for consolidation before the next wave.

Just be glad if it's 2000 and not 200.

I'd wait for the top before calling the bottom?

Also, I seem to recall chartists discounting as remote the possibility that we'd reach these levels on this bull run.

Torque

legendary

Activity: 3780

Merit: 5429

Quote from: ivomm on November 19, 2017, 05:09:51 PM

Quote from: vortex1878 on November 19, 2017, 05:04:05 PM

Beware of Bitfinex!

I had withdrawn everything from them weeks ago. The writings on the wall...
But still hat to use them to buy Iota (what I recommend to everybody though).

My last Iota withdrawals are still pending, more than 5 hours from approval. Iota transactions are instant.
I have opened a support ticket etc. No reply, of course.

I recommend everybody to withdraw everything from Bitfinex, if still possible!!

https://twitter.com/bitfinex/status/932287734152081408

I like the one guys reply.
"Always ask for evidence" - Sure. Please provide evidence that you are solvent.

Lol

ivomm

legendary

Activity: 1891

Merit: 3096

All good things to those who wait

Quote from: vortex1878 on November 19, 2017, 05:04:05 PM

Beware of Bitfinex!

I had withdrawn everything from them weeks ago. The writings on the wall...
But still hat to use them to buy Iota (what I recommend to everybody though).

My last Iota withdrawals are still pending, more than 5 hours from approval. Iota transactions are instant.
I have opened a support ticket etc. No reply, of course.

I recommend everybody to withdraw everything from Bitfinex, if still possible!!

https://twitter.com/bitfinex/status/932287734152081408

Wekkel

legendary

Activity: 3122

Merit: 1538

yes

Because you have some trouble with an IOTA withdrawal, you urge the rest of the world to leave Bitfinex?

Apparently, IOTA is still a bit too BETA for your nerves (or cryptocurrencies in general). Get a grip.

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: vortex1878 on November 19, 2017, 05:04:05 PM

Beware of Bitfinex!

I had withdrawn everything from them weeks ago. The writings on the wall...
But still hat to use them to buy Iota (what I recommend to everybody though).

My last Iota withdrawals are still pending, more than 5 hours from approval. Iota transactions are instant.
I have opened a support ticket etc. No reply, of course.

I recommend everybody to withdraw everything from Bitfinex, if still possible!!

I can't withdraw everything from Bitfinex because all I have with them is dust since August 2016. Angry

OdalvHacked

newbie

Activity: 13

Merit: 0

Quote from: 600watt on November 19, 2017, 10:08:43 AM

Quote from: ?? on ??

Quote from: OdalvHacked on November 19, 2017, 08:47:33 AM

Quote from: 600watt on November 19, 2017, 08:44:38 AM

Quote from: ?? on ??

Quote from: OdalvHacked on November 19, 2017, 08:28:41 AM

Quote from: ?? on ??

No and Yes. "We will receive SEPA transfers in EUR and will convert them to USD according to our bank exchange rates."
Bitstamp trades pair BTC/USD. Not pair BTC/EUR.

You can swith to BTC/EUR.

of course, that is simple math. But the trades are i USD. BTW, we have in Europe not only euro. Euro is miserable currency.

as far as I know you can trade $ AND €. the € market is not really deep and it is hard to get larger orders through. it is separate from the $ marketplace

Yes, you are right.

You will send them the euros, and they will convert them to dollars. It is not trading in euro.

dude. when you have no clue, why even bother to post? you can trade €/bitcoin on bitstamp. and you can trade $/bitcoin on bitstamp. this has nothing to do with the funding method. two separate market places. the $ marketplace has lots of liquidity, the € marketplace is not so liquid.

I traded EUR/BTC (it looks like no liquid enough), but my trades thousands of euro tens of bitcoin was executed imediatly.

vortex1878

hero member

Activity: 491

Merit: 500

Beware of Bitfinex!

I had withdrawn everything from them weeks ago. The writings on the wall...
But still hat to use them to buy Iota (what I recommend to everybody though).

My last Iota withdrawals are still pending, more than 5 hours from approval. Iota transactions are instant.
I have opened a support ticket etc. No reply, of course.

I recommend everybody to withdraw everything from Bitfinex, if still possible!!

Torque

legendary

Activity: 3780

Merit: 5429

Quote from: Icygreen on November 19, 2017, 04:31:17 PM

Quote from: Torque on November 19, 2017, 02:48:51 PM

Quote from: Icygreen on November 19, 2017, 12:22:50 PM

I must have forgotten to save the link to the tracking of coinbase user accounts. I think it was Torque who posted it. Anyone kind enough to share it again.

Hey man! Yeah, they have a tally right on their home page, just scroll down a bit where it says "customers served". Currently at 12.8M accounts. It looks like they added ~400K accounts in just about the past week or two. I'm hoping they can average ~1M new accounts per month all through next year.

Thanks, you had found and posted a historical chart as well. Was hoping to see this to get an idea of user adoption on a time scale. If you don't have it saved, I'll just scroll through your posts for the past month or so.

Here's the only one I've seen. I'm not sure where you can find a live updated version.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: Icygreen on November 19, 2017, 04:31:17 PM

Quote from: Torque on November 19, 2017, 02:48:51 PM

Quote from: Icygreen on November 19, 2017, 12:22:50 PM

I must have forgotten to save the link to the tracking of coinbase user accounts. I think it was Torque who posted it. Anyone kind enough to share it again.

Hey man! Yeah, they have a tally right on their home page, just scroll down a bit where it says "customers served". Currently at 12.8M accounts. It looks like they added ~400K accounts in just about the past week or two. I'm hoping they can average ~1M new accounts per month all through next year.

Thanks, you had found and posted a historical chart as well. Was hoping to see this to get an idea of user adoption on a time scale. If you don't have it saved, I'll just scroll through your posts for the past month or so.

I would love to see a chart of downloads vs price.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: rolling on November 19, 2017, 04:12:08 PM

Quote from: BitcoinNewsMagazine on November 19, 2017, 03:59:37 PM

So far this year since July bitcoin price has stayed within the channels of this pitchfork drawn on a log scale chart:

The trend lines suggest a mid-term top around $9000 followed by a correction back to $7500. Price could also correct back the the mid-line at $6500. Where it gets interesting is if price breaks through the top trend line. Also something to keep in mind is January tends to be a down month, so I am expecting a rally into middle of December then some profit taking.

I cringe whenever someone talks about profit taking in regards to exchanging bitcoin for fiat. Bitcoin is not a stock. I don't know how people sleep at night with their money in fiat.

I cashed out my original investment out when it had gone 10x, leaving me with 90% of my portfolio. I have also diversified into other leading currency cryptos (none of that ICO garbage). So my current portfolio is now 85% bitcoin, 13% bitcoin competitors (including some longshots) and 2% USD on exchanges. I also split my holdings across multiple exchanges to reduce counterparty risk for stuff that is not on hard wallet.

I sleep a hell of a lot better at night knowing that I am defensively hedged. Yes - it could cost me millions in the long run but insurance is expensive. You hope you never have to use it but, but it is there just in case.

Icygreen

legendary

Activity: 1464

Merit: 1136

Quote from: Torque on November 19, 2017, 02:48:51 PM

Quote from: Icygreen on November 19, 2017, 12:22:50 PM

I must have forgotten to save the link to the tracking of coinbase user accounts. I think it was Torque who posted it. Anyone kind enough to share it again.

Hey man! Yeah, they have a tally right on their home page, just scroll down a bit where it says "customers served". Currently at 12.8M accounts. It looks like they added ~400K accounts in just about the past week or two. I'm hoping they can average ~1M new accounts per month all through next year.

Thanks, you had found and posted a historical chart as well. Was hoping to see this to get an idea of user adoption on a time scale. If you don't have it saved, I'll just scroll through your posts for the past month or so.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15818. (Read 26610762 times)