Sorry for stating the obvious, but if there are no fees where do you have your income?
Painting the tape, front running, and insider trading of course! Duh! and this: Lending for margin trading, fiat withdrawals, VIP services, etc.
Pays for the staff tea n biscuits.
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So, what project are you managing at JP Morgan? New JP Morgan coin? The conflict of interest here is amusing. I am not allowed to disclose that right now. Letīs just say, when youīll hear about it Bitcoin will already have been hit Nagasaki style. Ok, you will be the first to enter in my ignore list. Thatīs what average cryptocoin reactionists tend to do.
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What happens if we break long term support? Bubble launch? Then there will be no more traders entering just to time and front run a rally and we will see where bitcoin's true believers actually buy. Letīs just hope that we stay above 100$ for the rest of the year.
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So, what project are you managing at JP Morgan? New JP Morgan coin? The conflict of interest here is amusing. I am not allowed to disclose that right now. Letīs just say, when youīll hear about it Bitcoin will already have been hit Nagasaki style.
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Surprising to see that nobody here is bothered by the fact that without explanation China suddenly started dumping like crazy. I'm still very curious what caused this. It's taken us down 20 dollars now.
it is not china... if you didn't notice, there is someone who has been dumping for days, he dumps in ~ 500 BTC batches , then he waits for support to build up around $590-600 and then repeat... it has been going for a couple of weeks now, just watch when the soonest we come close to $600 it happens again, I think someone is cashing few thousands of BTC and doesn't want to trigger a panic selling and/or doesn't want to effect the price that much. Yeah sure, as if you would not have already already been ignored by shroomsy after your bearish coming out of the closet in the last 2 weeks. Maybe Adam can try and talk to shroomsy, maybe he is the last remaining open channel? ( No offense Adam )
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Surprising to see that nobody here is bothered by the fact that without explanation China suddenly started dumping like crazy. I'm still very curious what caused this.
How is life in a dark cave treatin you ShroomsKit? And more dumping. What the hell! Still no idea why.
Dear @walsoraj, could you please tell @ShroomsKit to un-ignore me so that I can tell him to un-ignore you so that he can see your link to that article about Chinese IPOs? Skanth...
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Whatīs wrong with a bit fair and honest scamming nowadays, why is everyone complaining about it?
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Thanks windjc for all your comments, you have humiliated yourself enough for today, i couldnīt have done it any better.
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windjc blablalbalbal 1 click on the reddit link proves that you are an idiot, and that the topic is NEW. 1 click on your post hiostory proves that you denied the downfall after the bulltrap to 1000$ 1 click to your post history proves that you were THAT dumb that you sent a nice amountof money to BITCOINBUILDER because you thougt MtGox is okay, just as you say now about Bitfinex
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Attention all newbies in here:
DO NOT TRUST WINDJC ! HE IS A BITFINEX SHILL AND WELL KNOWN TROLL!
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Maybe you should work for Bitfinex, because when youīre caught talking lies and shit you just change the topic.
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Btw: i have no clue about the chicago winter , you have to ask somebody else. Maybe thatīs a topic for you, as you have no idea about anything going on in Bitcoinland. HOW MANY COINS DID YOU SENT TO BITCOINBUILDER? YOU NEVER ANSWERED ME THAT QUESTION?
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Could you please provide a source to support your otherwise blatant lies, that the information has been out. It this should be the case than BFX are actually in the same league as Mark Karpeles. The last thing i knew was that MARGIN TRADE WALLS could have been faked( ibuilt a few 20kBTC walls by myself, but that issue was fixed after someone told them in their thread, this issue is about fake swaps walls.
Anybody but forum newbs would know that you are notoriously (re)tardy on your "news" posts. You are like the $1 movie theater in the bad part of town - normally about 6 months behind reality. Want to know about the impending bitcoin bubble collapse at 1250? Ask Fonzie. Want to know about the impending MtGox closure? Ask Fonzie. Want to know about Chicago Winter February 2014? Ask Fonzie. áka i told lies and shit, and the information was not 6 months old as i(windjc) stated? okay, thanks windjc.
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Windjc, do you have a caretaker, a nurse? I really canīt imagine how you could go shopping alone, feed yourself or get dressed. You took stupidness to a whole new level. I wish you all the best for your future.
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Could you please provide a source to support your otherwise blatant lies, that the information has been out 6 months. If this should be the case than BFX are actually in the same lazy league as Mark Karpeles. The last thing i knew was that MARGIN TRADE WALLS could have been faked( ibuilt a few 20kBTC walls by myself, but that issue was fixed after someone told them in their thread, this issue is about FAKE SWAPS walls.
Also this:
"Raphael_Bitfinex 6 hours ago
Congrats, you've just earn yourself a fix. Mandatory 1 hour interest for unused swap even when they re switched to used swaps and not closed.
Now that this guide is out there, traders will understand it will be beneficial for them in the long run by preventing manipulation of rate."
"Raphael_Bitfinex 5 hours ago*
Well, I forgot to say that for your manipulation to be right (in preventing offers from being posted "too low"), you need to put an offer at fixed rates (frr dont influence rates and are not taken by fixed rates swap offer) and at the minimum period. Since currently all swaps demands are either FRR or at maximum period (which are rarely taken), they are likely legitimate and not manipulative (at least not in the way you described here).
However I will review the rules of loans posting and see if there is no "hole" here (but for sure there are some of our users that can and probably want to afford such large swaps)"
Seems pretty new to Raphael..
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Itīs not a bug , itīs a....
"The thing is is not really a bug exactly, its more of a clever way to manipulate things.
Technically you could still do this in the real world, you'd just need trillions of dollars. BFX just happens to be small enough that it can be done with just millions, and the stacking issues amplify the problem.
But it's not exactly a bug.
So they're not really obligated to fix it. I would like them to do something, but it's not their fault or anyone elses really."
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Thanks for the 6 and 18 month old information. Perhaps you can find us a movie trailer for White House Down and 21 Jump Street while you're at it. First link is brand new you idiot! News is 6 months old you imbecile! Update your system clock, post on reddit was made 7 hours ago you lobotomized monkey.
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Thanks for the 6 and 18 month old information. Perhaps you can find us a movie trailer for White House Down and 21 Jump Street while you're at it. First link is brand new you idiot! Itīs actually about the present fake USD swaps demand wall, which people in here have been talking about in the last days.
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The real weak hands are those who fantasize about some imminent 10k bubble looking at retarded exp log chart trendlines and then dump when inevitably it becomes blatantly obvious that their inflated expectations were wrong.
So are traders who try to time bubbles to sell top and buy back lower considered average strength hands? And holders strong? Trying to figure out where I fit. Weak hands are people like MatTheCat, fonzie, and some others who are scared to hold coins for long and when the tree starts shakin' they don't know how fast to dump their coins again. Also people like the ones Blitz referred to who buy some coins to ride the imminent bubble and when they don't see a bubble within 2 weeks they will sell their coins again disappointed. Faalhaas is a perfect example of this. Then we get to the Veronicas who think they are a strong hand at first, but then get really scared when they see the price drop hard and eventually give in and dump their coins at the bottom or close to it. This is also a weak hand, but one pretending to be strong until tested and these people will naturally suffer the most. Then we have the day traders who use TA and stuff to try and buy low sell high. They are also weak hands but a small percentage of them are actually good enough to make money from the market. Most of them will miss the biggest profits during the big Bitcoin bull rides though, but they're at least trying to manage their risks. Then we get to the long term investors who are generally long on Bitcoin, but take profits out during big rallies and they also may buy more when they see dips. These I regard as strong hands with a decent sense of risk management. In terms of time investment and profitability I think this is the most efficient form of trading/investing in Bitcoin and I personally try to stick mostly to this strategy. I admit I do tend to also be a part of the last group, the true superstrong hands who are called the HODLERS of course. Being a HODLER has many advantages like no need to submit yourself to exchange risks and no need to wreck your brain and invest time into deciding when to sell and when to buy back. The disadvantage however is that you may spend a lot of time underwater or lose your entire investment one day if Bitcoin fails. But these people don't care as it's either all or nothing for them, and that's also a perfectly valid strategy if you ask me. I know that I will sell at least half my coins if I hear that the SR coins were sold at $500 per coin or lower, and I won't buy them back above that same $500. Hell be damned if I'm going to let some party dump cheap SR coins on me and fill up their pockets.
Gotcha!
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