Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15985. (Read 26586241 times)

legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
[edited out]


"Solvency" sounds funny when their banking relations are top secret (if they still have any), and they rely on that tether thing with funny clauses sounding as the opposite of solvency.


I will agree with you that the contractual clause of "no guarantee" for backing seems kind of funny, but it seems that they are doing this in the crypto world to protect themselves, and maybe that is why they kicked out the Americans because those kind of clauses are too wild, wild west in terms of actual legal financial responsibility under any kind of meaningful traditional financial system.


I recommend a couple of articles on medium by @bitfinexed.

Yeah, if I want to waste my time in conspiracies.


For me, they actually scammed me when they "got hacked" and monetized the theft (!) after falsely assuring their clients that their wallets were in cold storage (!), so I am out of there since then,

You can come up with better arguments than that, no?    O..k. sure there were some questions about whether they really got hacked and then there were questions regarding how they reimbursed.. fine..   but there is no real evidence regarding who took the coins, yet, right?



but since apparently it's full of people looking to be goxxed twice or more by the same entity they're going on.


I understand what you are saying and surely gox played out differently yet this does not seem to be rising to the level of GOX, in terms of GOX had been refusing to send money to folks for months and months.. so seems a bit different.


And given such questionable reputation the fact that they are now the biggest exchange smells to me like some kind of fakery.


Perhaps there could be some fake trade volume, because they did go back to their previous trade volumes and they added products too and they "paid back" their BFX coins... so people forget, that is correct.  Bitcoin (and crypto) is an expanding industry of user base and even if they lose some of their old clients, if they can seem legit, they seem to be getting plenty of coin (that is actual coin).


BTW it takes no balls at all to kick out US customers. Quite the contrary.

Sure it cuts both ways to lose the money that was deposited - but to be free of USA governmental overreach... but I think that kicking out the USA capital supports a degree of legitimacy more than it supports scam.... but it is not a big deal if our opinions differ about this part.
legendary
Activity: 1512
Merit: 1012
And network of Nodes are ready to slam the forks ... like usual.

legendary
Activity: 1652
Merit: 4393
Be a bank
legendary
Activity: 3388
Merit: 3514
born once atheist
5 consecutive days with an ATH.

 Shocked


It will crash.

Is not good to buy now.

it wasn't good to buy at $230 either.... so I heard back then.... (and I didn't..stupid phukking me!)
legendary
Activity: 1806
Merit: 1828

 good lord! with btc at this price?
sell  a couple of millibits..you can afford it!


i ...only have some dust. 0.00005242 on my local wallet and about the same on stamp. Sad

oh sorry mate...
I saw legendary and assumed...

And I thought that I was the legendary minnow.  Cool
hero member
Activity: 1834
Merit: 639
*Brute force will solve any Bitcoin problem*
just hooked up my old asicminer block erupter USB sticks and started running them again. pretty sure i won't make a cent, but screw it.

course two hubs seemed to have died on me... 13 sticks not running. Sad

this, of course, means the price will tank.
Indeed. People are sending me A6's for repair. Actually pretty nice little miners, quiet and respectable.

$7500 a bitcoin is just.... wow.

C

bitcoin pump will begin soon ~ it's still early time to buy before $1O,OOO//^  Cool weeee
legendary
Activity: 3388
Merit: 3514
born once atheist
For me, they actually scammed me when they "got hacked" and monetized the theft (!) after falsely assuring their clients that their wallets were in cold storage (!), so I am out of there since then, but since apparently it's full of people looking to be goxxed twice or more by the same entity they're going on.

Internet has history (and forums & threads).





ARCHIVE = https://www.youtube.com/watch?v=CN4RdrN80ic



um..Bitfinex?
legendary
Activity: 1512
Merit: 1012
Come on BEARS!! Short this shit to the ground! Grin We need more short squeezes!



They don't have enough (real) cash and authorization (TIER) to do this, NOW !
sr. member
Activity: 1400
Merit: 347
5 consecutive days with an ATH.

 Shocked


It will crash.

Is not good to buy now.
legendary
Activity: 3388
Merit: 3514
born once atheist


any advice where i could get a couple powered hubs at a decent price? amazon and best buy didn't really have anything i trusted for anything i could afford. Sad


 good lord! with btc at this price?
sell  a couple of millibits..you can afford it!


i ...only have some dust. 0.00005242 on my local wallet and about the same on stamp. Sad

oh sorry mate...
I saw legendary and assumed...
legendary
Activity: 1512
Merit: 1012
For me, they actually scammed me when they "got hacked" and monetized the theft (!) after falsely assuring their clients that their wallets were in cold storage (!), so I am out of there since then, but since apparently it's full of people looking to be goxxed twice or more by the same entity they're going on.

Internet has history (and forums & threads).





ARCHIVE = https://www.youtube.com/watch?v=CN4RdrN80ic

legendary
Activity: 1806
Merit: 1828
Come on BEARS!! Short this shit to the ground! Grin We need more short squeezes!
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
There's an aspect not much thought about - difficulty adjustment is going to be very inconvenient regarding S2X activation:
- Estimated Next Difficulty adjustment: After 821 Blocks, About 8.6 days
- SegWit2x Activation Countdown Timer: 11d 16h
This means next difficulty adjustment will be almost exactly 3 days before the fork. If we suppose mining power split somewhere along the half/half lines, the adjustment after that will come not after 14 days as it should, it will realistically be somewhere around (14 - 3)  * 2 + 3 days = 25 days, somewhere around December 11th. It would be much better if the difficulty adjustment is three days after the fork, not three days before.

People need to accept things are going to go to shit for a couple months while the dust settles over SW2X.   Everyone would be better off just going to beach resort for a couple months and forgetting about the whole thing and let it all blow over.
legendary
Activity: 1778
Merit: 1008


any advice where i could get a couple powered hubs at a decent price? amazon and best buy didn't really have anything i trusted for anything i could afford. Sad


 good lord! with btc at this price?
sell  a couple of millibits..you can afford it!


i ...only have some dust. 0.00005242 on my local wallet and about the same on stamp. Sad
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"

But a wildcard that I'm expecting is the implosion of Finex.

What the fuck is this?  A complete conspiracy?  Do you have any evidence at all that this is likely beyond pure speculation that Bitfinex is getting BIG again?

By the way, Bitfinex has to have a bit of confidence in their solvency and even their attempt to run a legitimate business since they had the balls to kick out all of the USA customers, including yours truely.  Maybe you are going to assert that I am naive, but if Bitfinex truely wanted to exit scam us, wouldn't they have already done it?  They weren't ready to exit scam us, so now they are building up business in order to exit scam us on their own convenient time line? 

Come on!!!

[insert jim carey "come on meme" here, with the water spitting part]

you're lucky you're out, cos it's true they're gonna go phft. they're backed by promises to pay rather than money. not a bitcoin business at all

They surely gave a lot of real BTC to USA customers.  I had the largest amount of my bitcoins there (over 30% at times), as compared with other exchanges, because of my ability to make a lot of money by loaning them out... Anyhow, they gave me no issues to withdraw everything.. and just think about how many other USA customers were able to withdraw their BTC (and other crypto and other USD - by converting to crypto)... It must add up to $100s of millions of crypto value.
legendary
Activity: 3388
Merit: 3514
born once atheist


any advice where i could get a couple powered hubs at a decent price? amazon and best buy didn't really have anything i trusted for anything i could afford. Sad


 good lord! with btc at this price?
sell  a couple of millibits..you can afford it!
legendary
Activity: 1974
Merit: 1077
Honey badger just does not care
There's an aspect not much thought about - difficulty adjustment is going to be very inconvenient regarding S2X activation:
- Estimated Next Difficulty adjustment: After 821 Blocks, About 8.6 days
- SegWit2x Activation Countdown Timer: 11d 16h
This means next difficulty adjustment will be almost exactly 3 days before the fork. If we suppose mining power split somewhere along the half/half lines, the adjustment after that will come not after 14 days as it should, it will realistically be somewhere around (14 - 3)  * 2 + 3 days = 25 days, somewhere around December 11th. It would be much better if the difficulty adjustment is three days after the fork, not three days before.
legendary
Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
any advice where i could get a couple powered hubs at a decent price? amazon and best buy didn't really have anything i trusted for anything i could afford. Sad
Ebay used to have a bunch being sold for pennies on the dollar, but to be honest just stick a few in the sides of your laptop and use them to warm your hands.

I wonder though what the minimum efficiency is for a profitable miner. S9's used to be it, but others may be coming back into vogue. (Where is that Block Erupter.....)
hero member
Activity: 491
Merit: 500
I found a bug at Bitfinex that is making them micro money. Nothing big, but still...
Any advice how to handle this?
Thanks in advance.

blackmail? 

.... just kidding Grin

Not my style as I am an honest person (except for my day job that forces me not to be, hopefully those days are over soon...), but would not mind making some money out of that to be honest...  Grin
If I open a support ticket, it would not even be visible anymore - at least that is what happened to a recent support ticket of mine...
legendary
Activity: 3388
Merit: 3514
born once atheist
I found a bug at Bitfinex that is making them micro money. Nothing big, but still...
Any advice how to handle this?
Thanks in advance.

blackmail? 

.... just kidding Grin
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