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1  Economy / Speculation / Re: Would the bitfinex ''hack'' be the trigger of the next major rally? on: August 13, 2016, 01:48:14 AM
The major sell-off at the beginning of the late 2013 bubble looks similar. Both sell-offs are after a bear market and in a beginnig of a bull market.

What do you think?

Sorry OP. Markets hate it when 70 mil. of their "store of value" go *Poof!*
Wish it wasn't like that, but it is :\
2  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2016, 01:41:44 AM
^
,,,but with extra Socialism. BFX socialized losses through monetized debt.

From each according to his ability, to us according to fuck you.
3  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2016, 01:26:30 AM
I guess if we destroy all the cars we can clean this planet very fast? Roll Eyes  Huh

who killed the electric car
a must see, if you haven't already.

Who killed Tucker? [spoiler] lol,  it was the SEC![/spoiler]

Better question: Who killed Ford Nucleon? Could it be ...

Guys, I'm losing a fortune in BFX tokenized debt, the BFX tokens.  Those tokens are tanking Sad
4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 12, 2016, 04:02:15 AM
It's OK, as long as we're confident in finex's eventual recovery ...oh look, down to 28 cents a token Sad
https://www.bitmex.com/app/index/.BFX
5  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 12, 2016, 02:53:08 AM
theres plenty of good news out there too

Such as?
Found this nugget:
Quote
Pantera Capital partner and chief technology officer Steven Waterhouse has departed the bitcoin and blockchain-focused venture capital firm.

Founded in 2013, Pantera is one of the ecosystem’s largest VC firms, boasting a portfolio that includes some of its biggest success stories, including 21 Inc.

Aha ...ahah *wheee *cough!*... wheeze* HAhaha!

Coindesk, Stop!

https://bitcointalk.org/index.php?topic=1576150.0

Come on, ahahahh *wheeze* hah, not fair! You're gonna make me pee!
6  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 12, 2016, 12:43:40 AM
theres plenty of good news out there too

Such as?
Found this nugget:
Quote
Pantera Capital partner and chief technology officer Steven Waterhouse has departed the bitcoin and blockchain-focused venture capital firm.

Founded in 2013, Pantera is one of the ecosystem’s largest VC firms, boasting a portfolio that includes some of its biggest success stories, including 21 Inc.

Aha ...ahah *wheee *cough!*... wheeze* HAhaha!

Coindesk, Stop!
7  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2016, 09:28:27 PM
Man, I think last time I was here was when I was talking about my pre-halving plan. That worked out OK, until I lost 40%-50% of my profit in the bitfinex hack.

Don't lose your confidence
If you slip
Be grateful for a pleasant trip
And pick yourself up,
Dust yourself off
And start all over again.

https://youtu.be/dMuKRbJa3O8
Smiley
8  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2016, 09:07:34 PM
9 pages, all Asians with bitmixer sigs, translated shitposting.

Allow multiple accounts per user, allow accounts to be farmed, bought & sold.
Allow signature ads that pay per post.
[...]
PROFIT!

Back on topic. There's literally no bottom. As someone said upthread, "there's also some air below."
9  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2016, 12:26:01 AM
Actually, useless leeches are those still left who mined bitcoins for free or bought them for a buck or less. Traders putting $600 into a coin once worthless is what makes it worth $600.

... oh those "traders" who buy for $600 and sell for $601?

Yeah, those are the ones who brought the price up from 600 to 601. And when the price falls, they buoy it up by buying @ 599, so it doesn't keep falling.
And that's how the market works.

Quote
I luv that finex "bailed in" all the dollar positions, that made my day, fiat holders getting whacked for bitcoin hack ... haha!! How did that feel fiat chumps?
What can I tell you? Another top-notch Bitcoin operation, doing what top-notch Bitcoin operations do: take your money and give you tokens :\

Quote
bitcoins value came before there were exchanges.
If you want sub-$1 coins, like back in them good ol' days, that's certainly the way to fly.

P.S. Is this the best way to track BFX tokens? https://www.bitmex.com/app/index/.BFX
Are we allowed to talk about BFX, or is BFX B&?
10  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 10, 2016, 11:15:58 PM
HOW DO YOU TRADE EFFICIENTLY WITHOUT SETTING BUYS AND SELLS? YOU NEED TO KEEP FIAT AND BTC ON EXCHANGES TO DO THAT. fuck you are stupid.

You should use Bitsquare, the decentralized p2p exchange Smiley
Sure, there's just one Anon offering BTC for USD there, there's a 1BTC limit, and Anon was $20 over spot last I checked, but this way you won't be tempted to deal with him. Which means you lose nothing, just saved yourself 36%. Profit!

Think we'll test low 500s by tomorrow? Now that we know BFX doesn't need to buy any more B?
11  Economy / Speculation / Re: moderation habits on: August 10, 2016, 12:08:24 AM
Just something done on a whim.
I guess it all comes down to "you get what you pay for." :\
12  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2016, 09:42:27 PM
There's no much to be said. We are in a sideway trading range looking a bit more down than up. That's it. Ordinary days.

Curious factoid: On the sixths day of August, Little Boy exploded over Hiroshima.
August the ninth, one can assume, was an ordinary day.
A day like any other day.

P.S. The surrender of Japan was announced on August 15, which is a whole week away, and the surrender agreement was not signed until September the second, as I have just learned from Google.

So what I'm trying to say is don't worry everyone, we got nothing but time.
13  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2016, 08:52:29 PM
[...] You think they'll allow the same p2p-funded leverage? Because that funky 3-of-2 wallet solution is how they got passing grades from CFTC & how they got "hacked." Maybe someone who cares should ask that Zane kid.
And another: Is anyone crazy enough to keep lending coin there? Fuck yeah? K, sorry, no more dumb questions.

I guess the answer to the first one is "no."

From https://www.bitfinex.com/features "Margin Trading -> https://www.bitfinex.com/pages/howitworks" -- 404, it doesn't.

"Margin Funding Market -> https://www.bitfinex.com/pages/howitworks" -- 404, it don't.

"certain features" may not be available to US users ... https://www.reddit.com/r/Bitcoin/comments/4wy0ay/bitfinex_new_disclaimer_bfx_not_available_for/ Sad
14  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2016, 07:06:40 PM
I still don't understand who are you working for...
Could it be ...
15  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2016, 12:46:40 AM
so how will the price be effected when bitfinex longs start from 0 and grow back to 40million?

Interesting question. Here's another: You think they'll allow the same p2p-funded leverage? Because that funky 3-of-2 wallet solution is how they got passing grades from CFTC & how they got "hacked." Maybe someone who cares should ask that Zane kid.
And another: Is anyone crazy enough to keep lending coin there? Fuck yeah? K, sorry, no more dumb questions.
16  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2016, 11:24:25 PM
I imagine they are working like mad fools to get their system secured and ready for full operations again.
That's how you do it. Pull a few all-nighters, chew on some addies, and in the end? Your system is bulletproof. As it always was.

That new poll...  Going by BFX financials available to us, I'd say anywhere from -$250 million to +$250 million. Closer to -$72 million, but can't substantiate that.
17  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2016, 10:21:39 PM
So... they just need to create the perfect incentive.

How about "Trust us with your money, get 64% of your money back ...maybe."

Would that work?

"Security of user information and funds is our first priority.
Every detail is analyzed to avoid security holes. We pride ourselves on being the most secure Bitcoin exchange. Bitch." --https://www.bitfinex.com/security_policy


Way to go on the low hanging fruit there, with that security sucker punch you applied

Why would anyone reach for anything other than the low-hanging fruit?! Because they need to make simple tasks as difficult as they possibly can?

there balance sheet is not in the red, with the haircut and tokens they should balance just fine. no?

Hey, they can keep 64%, and then they'll really be in the black, making BFX tokens super valuable, because profitable co., in the black $70 mil Smiley
Pretty cool how I turned that into PROFIT!, huh? I'm the CEO this community needs and richly deserves.
18  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2016, 09:42:18 PM
So... they just need to create the perfect incentive.

How about "Trust us with your money, get 64% of your money back ...maybe."

Would that work?

"Security of user information and funds is our first priority.
Every detail is analyzed to avoid security holes. We pride ourselves on being the most secure Bitcoin exchange. Bitch." --https://www.bitfinex.com/security_policy
19  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2016, 01:28:08 AM
So, who is going to be stupid enough to lay a finger on their BFX tokens?

i'm a sucker for a sweet deal that no one wants to touch.

But ...you don't even know what the deal is?
Hey, listen, remember how I said you'll never see your money if you send it to me? I changed my mind. Got this sweet deal in the wings that can double our money in a week. No time to explain, you in?
20  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2016, 01:22:06 AM
^Adam said he's thinking about it. For his sake, I hope he's lying.

https://www.bitfinex.com/security_policy Cheesy
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