What will happen when Finex's cold-wallet starting to get empty, DOOM?
Finex's USD-bank wallet will get full. They will buy cheap bitcoins from other bitcoin exchanges. BOOM?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17369. (Read 26619951 times)
April 23, 2017, 02:18:48 PM
Finex's USD-bank wallet will get full. They will buy cheap bitcoins from other bitcoin exchanges. BOOM?
April 23, 2017, 02:07:19 PM
What will happen when Finex's cold-wallet starting to get empty, DOOM?
Confirmed. Looks like it keeps decreasing.
Who will be Bitfinex'ed ?
https://bitinfocharts.com/bitcoin/address/3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r
Bitfinished hahaa...
Ok back work
April 23, 2017, 02:02:27 PM
What will happen when Finex's cold-wallet starting to get empty, DOOM?
April 23, 2017, 01:38:22 PM
The rise of btc with 10% at bitfinex and poloniex since the last week with regard to usdt is fake, since in kraken usdt dropped by 8-10% to the fiat usd. The whales are trying to bite the 1%-profit daily traders so the whales can withdraw in time to their bank accounts before the big drop. They are still trying to delude the traders that there is a chance bitfinex can be saved. The truth is it is doomed and this was planned a long time ago. These two exchanges (btc-e and biftiniex) are well known for their shady owners and fears of exit scam. It is a matter of days, may be hours before the bad news is announced. If the so called 'bad news" of tightening control of chinese exchanges, sec denial and bu fork, lead to 40% drop of price, imagine the damage to the price caused by real bad news of the imminent bankruptcy of one (possibly) two of the largest exchanges. This may lead to panic withdrawals from other exchanges, so nobody can predict how deep will be the new emerging crisis. 
Of course the btc (now usd) whales will buy very low just to sell a year or two at a much higher level.
Of course the btc (now usd) whales will buy very low just to sell a year or two at a much higher level.Why would Bitfinex bankruptcy cause bitcoin price drop?
Why would withdrawals from other exchanges cause bitcoin price drop?
You're dreaming, buddy.
What has to outweigh the amount of withdrawals from Bitfinex to other exchanges is the amount of money that isn't put into Bitcoin because of fear of the exchanges scamming people. It's safe to say that when Mt. Gox has already collapsed and Cryptsy has collapsed and yet another Bitcoin exchange is about to collapse that people will be increasingly scared of buying Bitcoin with fiat deposits into an exchange - that will stunt the price growth.
If USDT fails along with Bitfinex as well it'll only make it worse and could cause panic selloffs for a little while. It won't be as extreme as people think but it'll be something.
The dip.
April 23, 2017, 01:30:34 PM
The rise of btc with 10% at bitfinex and poloniex since the last week with regard to usdt is fake, since in kraken usdt dropped by 8-10% to the fiat usd. The whales are trying to bite the 1%-profit daily traders so the whales can withdraw in time to their bank accounts before the big drop. They are still trying to delude the traders that there is a chance bitfinex can be saved. The truth is it is doomed and this was planned a long time ago. These two exchanges (btc-e and biftiniex) are well known for their shady owners and fears of exit scam. It is a matter of days, may be hours before the bad news is announced. If the so called 'bad news" of tightening control of chinese exchanges, sec denial and bu fork, lead to 40% drop of price, imagine the damage to the price caused by real bad news of the imminent bankruptcy of one (possibly) two of the largest exchanges. This may lead to panic withdrawals from other exchanges, so nobody can predict how deep will be the new emerging crisis. Of course the btc (now usd) whales will buy very low just to sell a year or two at a much higher level.
Of course the btc (now usd) whales will buy very low just to sell a year or two at a much higher level.Why would Bitfinex bankruptcy cause bitcoin price drop?
Why would withdrawals from other exchanges cause bitcoin price drop?
You're dreaming, buddy.
What has to outweigh the amount of withdrawals from Bitfinex to other exchanges is the amount of money that isn't put into Bitcoin because of fear of the exchanges scamming people. It's safe to say that when Mt. Gox has already collapsed and Cryptsy has collapsed and yet another Bitcoin exchange is about to collapse that people will be increasingly scared of buying Bitcoin with fiat deposits into an exchange - that will stunt the price growth.
If USDT fails along with Bitfinex as well it'll only make it worse and could cause panic selloffs for a little while. It won't be as extreme as people think but it'll be something.
April 23, 2017, 12:39:05 PM
The rise of btc with 10% at bitfinex and poloniex since the last week with regard to usdt is fake, since in kraken usdt dropped by 8-10% to the fiat usd. The whales are trying to bite the 1%-profit daily traders so the whales can withdraw in time to their bank accounts before the big drop. They are still trying to delude the traders that there is a chance bitfinex can be saved. The truth is it is doomed and this was planned a long time ago. These two exchanges (btc-e and biftiniex) are well known for their shady owners and fears of exit scam. It is a matter of days, may be hours before the bad news is announced. If the so called 'bad news" of tightening control of chinese exchanges, sec denial and bu fork, lead to 40% drop of price, imagine the damage to the price caused by real bad news of the imminent bankruptcy of one (possibly) two of the largest exchanges. This may lead to panic withdrawals from other exchanges, so nobody can predict how deep will be the new emerging crisis. Of course the btc (now usd) whales will buy very low just to sell a year or two at a much higher level.
Of course the btc (now usd) whales will buy very low just to sell a year or two at a much higher level.I have started (since yesterday) to leverage short USDT on Kraken as a means of hedging. *IF* USDT/Bitfinex is in deep shit, I will recoup my losses on BTC/Other coins on the sucess of my short. If everything is OK, I will win on my main investment and only lose a few percent on my short against USDT (as in the worst case USDT won't ever be worth more than 1:1). Win-Win.
April 23, 2017, 11:25:01 AM
Its so quiet here rightnow.
Guys, you there??
Guys, you there??
on my bike.
at the beach.
run for my life.
Revolution Serie.
April 23, 2017, 11:09:59 AM
Good morning Bitcoinland.
I see I didn't miss much by spending yesterday being hung over.
We had a mini-dip and we're right back to the assault on $1250... currently $1246 (Bitcoinaverage).
It was nice to see $1200 support hold tight. People who talk about $1000 are deluding themselves.
Go Bitcoin go.
I see I didn't miss much by spending yesterday being hung over.
We had a mini-dip and we're right back to the assault on $1250... currently $1246 (Bitcoinaverage).
It was nice to see $1200 support hold tight. People who talk about $1000 are deluding themselves.
Go Bitcoin go.
April 23, 2017, 10:33:52 AM
The rise of btc with 10% at bitfinex and poloniex since the last week with regard to usdt is fake, since in kraken usdt dropped by 8-10% to the fiat usd. The whales are trying to bite the 1%-profit daily traders so the whales can withdraw in time to their bank accounts before the big drop. They are still trying to delude the traders that there is a chance bitfinex can be saved. The truth is it is doomed and this was planned a long time ago. These two exchanges (btc-e and biftiniex) are well known for their shady owners and fears of exit scam. It is a matter of days, may be hours before the bad news is announced. If the so called 'bad news" of tightening control of chinese exchanges, sec denial and bu fork, lead to 40% drop of price, imagine the damage to the price caused by real bad news of the imminent bankruptcy of one (possibly) two of the largest exchanges. This may lead to panic withdrawals from other exchanges, so nobody can predict how deep will be the new emerging crisis. Of course the btc (now usd) whales will buy very low just to sell a year or two at a much higher level.
Of course the btc (now usd) whales will buy very low just to sell a year or two at a much higher level.Why would Bitfinex bankruptcy cause bitcoin price drop?
Why would withdrawals from other exchanges cause bitcoin price drop?
You're dreaming, buddy.
April 23, 2017, 09:40:31 AM
The rise of btc with 10% at bitfinex and poloniex since the last week with regard to usdt is fake, since in kraken usdt dropped by 8-10% to the fiat usd. The whales are trying to bite the 1%-profit daily traders so the whales can withdraw in time to their bank accounts before the big drop. They are still trying to delude the traders that there is a chance bitfinex can be saved. The truth is it is doomed and this was planned a long time ago. These two exchanges (btc-e and biftiniex) are well known for their shady owners and fears of exit scam. It is a matter of days, may be hours before the bad news is announced. If the so called 'bad news" of tightening control of chinese exchanges, sec denial and bu fork, lead to 40% drop of price, imagine the damage to the price caused by real bad news of the imminent bankruptcy of one (possibly) two of the largest exchanges. This may lead to panic withdrawals from other exchanges, so nobody can predict how deep will be the new emerging crisis. Of course the btc (now usd) whales will buy very low just to sell a year or two at a much higher level.
Of course the btc (now usd) whales will buy very low just to sell a year or two at a much higher level. April 23, 2017, 09:18:58 AM
Its so quiet here rightnow.
Normally thats an important dump indicator.
Guys, you there??
Normally thats an important dump indicator.
Guys, you there??
Yeah we're here.
It's sunday bro! People aren't that active on the weekends if no moon or doom happens.
Therefore I think there's nothing to worry.
In terms of the price we're doing good imo. Sure Bitfinex is right now the exchange everybody has an eye one and may fear that some shit could happen.
But I believe they will find a solution and price will continue moving up and down around the 1100-1250 level.
April 23, 2017, 08:18:35 AM
I'm here! Optimistic as ever. The entire crypto space is growing quick.
Me rightnow :
April 23, 2017, 08:17:18 AM
Its so quiet here rightnow.
Normally thats an important dump indicator.
Guys, you there??
Normally thats an important dump indicator.
Guys, you there??
the DDoS attack might have something to do with that. I had to fiddle about to connect
https://twitter.com/bitcointalk
April 23, 2017, 07:55:04 AM
I'm here! Optimistic as ever. The entire crypto space is growing quick.
April 23, 2017, 07:46:20 AM
Its so quiet here rightnow.
Normally thats an important dump indicator.
Guys, you there??
Normally thats an important dump indicator.
Guys, you there??
April 23, 2017, 03:51:34 AM
am i the only one who thinks we will see a dump to 1k area?
On the contrary, you're one of the majority here. Judging from how many people are bashing Bitfinex for their bitcoin exchange rate, I'd say most of people have shorted bitcoin and now are panicking. This is why we go to moon!
April 23, 2017, 03:48:26 AM
am i the only one who thinks we will see a dump to 1k area?
On the contrary, you're one of the majority here. Judging from how many people are bashing Bitfinex for their bitcoin exchange rate, I'd say most of people have shorted bitcoin and now are panicking. This is why we go to moon!
April 23, 2017, 03:10:27 AM
Bitfinex should be taken off bitcoinwisdom if its inaccurate because neither of the other exchanges are challenging resistance but bitfinex is waltzing through the previous high like its just another minor step.
As far as a reset to 1050 see how it reacts to 1200 first, that seems more likely and matches the China price movement
Any exchange which has restricted functionality dealing with any of the currencies they're supposed to trade should be removed from price estimations. It's worthless if the traders' beliefs about the exchange are affecting the price, so that even applies to OKCoin while the price is lower than the rest. Since so many exchanges are messed up right now there won't be a lot of exchanges to be included other than Bitstamp and Coinbase. As far as a reset to 1050 see how it reacts to 1200 first, that seems more likely and matches the China price movement
April 23, 2017, 01:23:06 AM
Nice page with combined order books. https://data.bitcoinity.org/markets/books/USD
April 22, 2017, 11:21:57 PM
Bitfinex should be taken off bitcoinwisdom if its inaccurate because neither of the other exchanges are challenging resistance but bitfinex is waltzing through the previous high like its just another minor step.
As far as a reset to 1050 see how it reacts to 1200 first, that seems more likely and matches the China price movement
As far as a reset to 1050 see how it reacts to 1200 first, that seems more likely and matches the China price movement
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