Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17371. (Read 26619982 times)

But everybody already knows bitcoin doesn't work the way salesmen like Antonopolous claim it does, so without further ado, you can stop watching Antonopolous propaganda and view the full one hour Richard Spencer Q&A at Auburn Univ:

https://www.youtube.com/watch?v=g1JJA6UiEio

I have been pondering this a bit too.

My dollar situation on Bitfinex is a bit strange.

In August 2016, just like everyone else who held value on Bitfinex, about 36% of my value on Bitfinex was socialized into BFX tokens, and over about 7 months those BFX tokens were slowly reimbursed.. maybe around 10% of them were reimbursed into dollars between September 2016 and March 2017, even though bitcoin prices doubled during that time.

So, yeah there ended up being opportunity costs to have had value tied up in BFX tokens, but then April 3, Bitfinex reimbursed 100% of all of the then outstanding BFX tokens, which caused my account to have a larger percentage of dollars in the account.

Thereafter, when the bank account drama developed and therefore BTC price disparities, it became less feasible to buy bitcoins with dollars on Bitfinex because the price of bitcoins on Bitfinex turned into about a 5-8% premium.

And, again the price disparity that conveniently came after they had redeemed all BFX tokens seems like another opportunity for insiders on Bitfinex to game the system.

Sure, I don't really want to read malice into coincidences and/or incompetence, but sometimes the longer that the disparity exists, the more opportunities seem to exist for insiders to exploit and make appearances as one thing when other things are going on (isn't that smoke and mirrors?).
 
I guess that I am saying that the situation can become a bit more irritating, when you might hold value there and then you recognize these little ways in which your value is potentially being undermined and/or manipulated in ways that are really difficult to prove.

Again, I am not really much of any kind of conspiracist, but these coincidental disparities continue to cause concerns.

Interestingly, bitfinex's determination to fix their problems (bfx tokens) makes them come across as honestly trying. Why would an exchange suddenly act maliciously and fleece everybody, when they have worked hard to make up for their past technical and financial issues? Then again, Gox had (and tried to fix?) problems before the big heist.

When you play with fire, you can get burnt. You can also cook a great steak.

This is very weird.

It's the first time that, being so close to ATH, the thread is not full of rocket pictures and moon posts... In fact, I haven't seen any.

Bullish?

Kraken is offering 2x leverage usdt/usd so expect it to keep falling.


I'm amazed USDT lasted as long as it did but the writing is on the wall.

On March 18, 2011, von NotHaus was convicted of "making, possessing and selling his own coins", after a jury in Statesville, North Carolina deliberated for less than two hours.[27] The jury found him guilty of one count under 18 U.S.C. § 485 and 18 U.S.C. § 2, one count of violating 18 U.S.C. § 486 and 18 U.S.C. § 2, and one count of conspiracy, under 18 U.S.C. § 371, to violate sections 485 and 486.[28] He faces up to 15 years in prison, a $250,000 fine, and may be forced to give $7 million worth of minted coins and precious metals to the government, weighing 16,000 pounds

Can someone explain what happened with Tether? , -4% lol.
Tether wants to be stable right?
I really missed out on this one, its related to Bitfinex right?

Can someone explain what happened with Tether? , -4% lol.
Tether wants to be stable right?
I really missed out on this one, its related to Bitfinex right?

so no one has any idea why we dipped? well ok then.

Satoshi Nakamoto... the first Tether billionaire?  I dunno.. even Satoshi probably doesn't want anything to do with usdt right now.

It's going to crash and let me tell you why. Satoshi Nakamoto is going to see the price at bitfinex and poloniex and he is going to sell.

so no one has any idea why we dipped? well ok then.