I have a feeling that bitcoin will go up to 1400... what do you guys think ?
I have a feeling you need to be mentally insane to buy bitcoin with a $300 spread with China and $100 spread between ScamFinex and everywhere else. You see Adam pop in and out of here cheerleading the carnage but you know damn well he's not buying right now lol. This market is a trainwreck. What the hell am I even looking at? A $20-$25 spread used to mean "welp, that's it for this pump, time for the crash". Now it's just Bernie Madoff/Gox style scam spreads everywhere and people don't even seem to care.
Can't wait to see what excuse the exchanges come up with when this thing blows up:
You are perfectly right.
Similar situation full of disbalances however did not prevent bubble back in 2013
and majority of investors here have gambling streak. So the rise will only run its course until it exhausts itself on major resistance or Finex goes bankrupt. Whatever comes first. 1500 is reasonable price to close our position and wait for the reckoning.you guys' FUD pretty funny and outlandish.
Not gonna work though, sorry.
Try again, lol.
As far as I know, bitfinex and poloniex are not showing their prices in USD. They are showing their prices in USDT, everybody can see that in the news section of bitfinex explained better than i am trying (tether or USDT is another crypto that tries to be 1:1 with USD), so if you check the price of tether: 0.928147 USD right now and you do the maths, you will see that the price of BTC in these exchanges is theter based. So that is not a problem of weird spreads announcing doom. China is another history, but that is nothing new lol.
Do you really think bitfinex would be the world's biggest exchange if every dollar there was a usdt joke token?
The price is because real dollars aren't going in or out.
Hopefully you have a little more comeback when they go belly up with real dollars but I'll believe it when I see it.
Only poloniex is pure usdt.
I agree, Bitfinex is a "sleeping" exchange, and it can not be considered a real BTC/USD price indicator right now, and of course i dont have any fund waiting there.
USD can not be withdraw from there, but you can do it with USDT, so the price is forced to be based in USDT. What i mean with all this stuff is bitfinex is not going to doom bitcoin with this way, because you can move your coins to another exchange and trade them for real USD. So this is not the same than chinese exchanges where every few time you were not allowed to withdraw ANYTHING, causing the other markets to crash as hell.
