Ex-NFL Owner Is Said to Have Ties to $850 Million Crypto Mystery
The wild story took another turn April 30 when federal prosecutors announced a grand jury had indicted Reginald Fowler, a 60-year-old Arizona businessman who once had a small stake in the NFL’s Minnesota Vikings. Fowler, along with an Israeli woman named Ravid Yosef, was accused of running an unlicensed money transmitting operation tied to virtual currency trading. https://www.bloomberg.com/news/articles/2019-05-03/ex-nfl-owner-is-said-to-have-ties-to-850-million-crypto-mysteryThis is so fucking bizarre  |
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I'll keep an eye out to see how Bitfinex's cold wallet gets drained further due to traders fleeing the platform [...]
How much do they have left? I'm a bit surprised it hadn't implode already... |
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What could explain this huge, increasing, spread between Bitfinex and other popular exchanges?  This looks like a fantastic arbitrage opportunity, so why no one is taking advantage of it?  |
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$200+ spread between real exchanges and Bitfinex ahaha. Nothing to see here! No scams going on at Bitfinex at all!
Yeah well, I guess people is selling Tether and buying Bitcoin (and also LTC it seems) to get the hell out of that exchange ASAP...  |
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April 16, you heard it here first 
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Maybe "financial crisis" is a strong term, but all indicators are pointing towards at least some sort of recession... It would be a first time for the cryptocurrency market so I'm wondering what things will we see; maybe some resemblance to the bond market? I seriously have no idea. The chart of the week   |
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I don't like how there's like no desperation at all, way to many hodlers. Thats not how capitulation is supposed to work.  Because we still are months away from that point |
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No sir, but I'm preparing myself mentally. I believe I've become too emotionally attached to my investment. And I don't think we'll see $12k this year.
Oh ye of little faith. I did cancel my sell order @ $12.5k tho. Gonna chill out for the next few days and see how things are looking Monday. Mmm. Beer... I had faith at $400. At $9k I think Wall street is toying with me. I ain't mad at it. But still.. I don't think this is "Wall Street", but just the usual volatility of BTC. I think you might be too attached to some numbers that are actually meaningless Remember that most holders still have no idea what Bitcoin really means, most techies still don't understand how it works or why it works (seriously, check for instance comments on HN, it's hilarious), and the reality is still that most people don't even know Bitcoin at all. I feel like last year we just reached the Eternal September of crypto. |
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wtf it actually worked?!   |
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Mahir! I summon you, please help us
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The age of KARHU is here! Shit, I now feel really bad about summoning KARHU. Last time it took a long time to recover... Is there any other cyberspace demigod I can call so we can all take a breath from this bloodbath? |
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no support?not a single bit of resistance??
wtf is going on seriously?
Fear of catching a falling knife: too many false floors already, so almost nobody wants to take the risk. |
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This isn't a bad thing imo, using lines of credit to buy Bitcoin is not a good idea. Stockholm syndrome with banks huh? Why would Bitcoin be different to any other thing you can pay with your credit card? Don't be so naive, they are not trying to protect consumers here, just their own filthy interest. |
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The Bitfinex wall is astonishing: 8300 1872
8250 2150
8200 3200
8150 3614
8100 4108
8050 4693
8000 5481 |
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Now im pretty scare. This is bad, no signs of the stoping.
Yup, I think now is for real  We need a new poll btw |
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ok
I'll say it :
Who sold at bottom ?
the bottom was 10k And before that it was 12k, and before that 14k... and now it's 8k? It's almost like selling at the "bottom" could be actually a good strategy One year ago it was 1k. Now it's 8k. It looks like buying at the top is a better strategy. I was just making a joke about this concept of "bottom": both local maximums and minimums have no relevance in a random walk |
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The current price of ETH is completely unsustainable.
There is not a single dApp that has a huge userbase and I´m also
not seeing the emergence of one in the foreseeable future. [...]
Well... there is CryptoKitties The switch to PoS keeps getting postponed, which could be an indication
that there are unsolved problems. Besides, it is questionable whether Proof-of-Stake
is even technically viable at all. There is a reason why Satoshi Nakamoto decided to use
Proof-of-Work for Bitcoin.
Yeah, I don't think they will ever switch to some PoS, but I may be wrong... There are though some "new" (2016) academic developments with respect to PoS: it's not trivial but it is feasible. This doesn't mean that PoS will replace PoW because they have a different set of strong/weak points, so I think they will just coexist. (I'm also curious about this new proof of space and time, which I believe could be a real alternative to PoW) |
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ok
I'll say it :
Who sold at bottom ?
the bottom was 10k And before that it was 12k, and before that 14k... and now it's 8k? It's almost like selling at the "bottom" could be actually a good strategy |
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I have avoided Ethereum like the plage since day one mostly because of technological reasons, and when the DAO fiasco happened I felt like I proved my bias against it. Having said that, from a market perspective I have to admit that Ethereum had an amazing performance during the last four months, and it's doing remarkably well during this bloody January.
Right now Bitcoin have a market cap of $172B, and for Ethereum it's $110B. If this trend continues we may get overpassed this quarter, and since it seems like no new money is coming to the crypto market in general I wonder if people are, for whatever reason, swapping Bitcoin for Ethereum.
Are bad programmed smart contracts running over an insecure platform that hot for this market?
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