Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18268. (Read 26609293 times)

You're being a little unfair. They absolutely have to trade on BFX to make it successful, otherwise the the tokenized debt tokens their money was replaced with would remain worthless.

You gotta spend money to make money, it's just common sense

What possible reason would BFX* have to offer incentives to customers? They already have a vast coterie of screwed customers eagerly jumping in line for another ass-raping*.

*the common link is left as an exercise for the reader

Fini!

#10    Bitfinex    BTC/USD    $ 1,682,580    

I guess it is the middle option... somewhere near-ish to ~570$ ... Usually it is between extremes, but sometimes it happens to be also extremes!

We're probably inside a simulation being trolled by an artificial super-intelligence. Just go with it. 

Probably bots/algorithms went crazy, you can also see that someone has lost a lot of money.

In bitstamp today, from 574 to 552 in 15min chart.

How is this possible?

Something's wrong, the option with least votes in the poll is usually right, but it's Friday and the price isn't at $560. That option only got one vote, all the others got more.

And that Finex rushed the timeline of the shortage breaking point with about 2 months and 2-3 weeks.  

People tend to forget and quite some time has passed since the halfing.

great post. +3 funny, +2 insightful

Had a gig last night. Started in the afternoon on the bar patio with one band and ended up sitting in with another band indoors and staying until closing time. The problem was not eating anything since brunch, combined with way too much booze.

We already know that if the exchange fails or continues the scam or takes a lot more money from folks, then other guys are going to be lecturing about (I think it's called trolling), you should have done this or you should have done that.

There are risks and potential rewards with any activity, and surely many of us will likely concede that some aspects of the Bitfinex story doesn't really seem to add up, and we may wonder, why aren't they being more transparent about some of what happened and about their plan to go forward.  Some of the obscurity is justifiable no matter what happened, but also part of the obscurity could end up being a big fucking ploy (as some of the most extreme conspiracy theorists would argue).

Usually the story is somewhere in the middle, at least in terms of it not being as bad as conceived, yet in circumstances like these, while the situation is evolving, we do need to account for the possibility that some of the more outlandish and less probable theories could be true.

If Bitfinex is able to pull off some meaningful and creative reimbursement plan, then all the more power to them, yet I still think that in the near future, they need to play on their good will (to the extent that they have any left) and/or name recognition to attempt to leverage some low fee incentives in their trading.  I do understand that in the short term the low fees could cause them to not make any money, yet keeping some of their customers and potentially building customers seems like a must... and I cannot really understand why they have not yet instituted such trade incentive creation measures.  Anyone?

His typical day reads like: hit up bitcoin atm (if price dips) on the way to watch the Blue Jays play ball, then rock out at a bar where a blues band is playing while drinking copious amounts of pale ale. Get up at noon and then drink gallons of coffee to cheer up. Then repeat although when the Jays get a night off or are out of town it must really screw up his pattern. Then it's just strippers and blow.

They are not getting as much money going in as is going out. Their cold wallet is down to 40,945 Bitcoins and most of the deposits going into it are small, apart from a few from their hot wallet. Bitfinex desperately needs an investor with big pockets to bail it out.

It's not even the weekend yet and u already hungover? Damn son

Yes but in the meanwhile they are keeping on doing business. And they are getting again money from old and new users. I know people don't have good memory but, hey, if this turns out bad it is going to be really hard to digest for us all.

This was not some "simple" mistake.

Well we will see in future if BitFinex lied.. I think lots of eyes are on them, inside and outside, it's just matter of time until someone blows the whistle.

I don't disagree with you regarding Bitfinex serving as a kind of model;  however, no two situations go down the same way in cryptolandia, and this continues to be an evolving space in which the resources of any entity and the nature of their "hack" or "scamming" or other ongoing scams/hacks is going to effect the way they attempt to carry out their proposed remedy.

Odds are pretty decent that you are correct and this Bitfinex matter is just a scheme to stall, divert and to get some more folks to give them money, but nothing is 100% in cryptolandia...   

Hellow?