Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[TReano]

looks like quiet a few people moved their coins to Kraken.
At least the liquidity in the order book has increased quiet a bit on EUR/USD.

I like this development. Kraken really deserves more attention now.

[Torque]

So now Finex is offering a 'bounty' because they have no idea who the thief was???

That's impossible, and I call total bullshit on that.  Had to be an inside job, otherwise their security is worse than Mt. Gox.

Those guys really need to see some jail time.

[chesthing]

Withdrawal is on its way finally. Must have been the empty hot wallet.

Anyone in the US want to get in on this once in a lifetime opportunity to buy some BFX? These things are going fast. Only $1 each.

So how did this work - how many bfx tokens were victims given for each btc lost? and how are people from the US able to buy them?

[Trouble821]

looks like quiet a few people moved their coins to Kraken.
At least the liquidity in the order book has increased quiet a bit on EUR/USD.

I like this development. Kraken really deserves more attention now.

This seems to be the finex hot wallet address, but it's only had 5 batch withdrawals worth 10k coins during today.

https://blockchain.info/address/1Kr6QSydW9bFQG1mXiPNNu6WpJGmUa9i1g

The kraken can't have any more than 10k coins from finex so far today. Traders depositing coins from elsewhere to the kraken could be the reason for its increased liquidity.

[marcus_of_augustus]

looks like quiet a few people moved their coins to Kraken.
At least the liquidity in the order book has increased quiet a bit on EUR/USD.

I like this development. Kraken really deserves more attention now.

PSA (with sad eyes)

!!!DONT LEAVE YOUR COINZ ON THE EXCHANGES YOU FUCKING MORONS!!!

[BlindMayorBitcorn]

https://www.youtube.com/watch?v=f7yVyIPATWc
Too soon?

[chesthing]

looks like quiet a few people moved their coins to Kraken.
At least the liquidity in the order book has increased quiet a bit on EUR/USD.

I like this development. Kraken really deserves more attention now.

PSA (with sad eyes)

!!!DONT LEAVE YOUR COINZ ON THE EXCHANGES YOU FUCKING MORONS!!!

How are traders supposed to make any money when they can't set sells and buys? personally I don't take that risk but I certainly understand why it happens. If traders can't operate in this environment bitcoin is finished - most of it's value depends on speculation.

[marcus_of_augustus]

looks like quiet a few people moved their coins to Kraken.
At least the liquidity in the order book has increased quiet a bit on EUR/USD.

I like this development. Kraken really deserves more attention now.

PSA (with sad eyes)

!!!DONT LEAVE YOUR COINZ ON THE EXCHANGES YOU FUCKING MORONS!!!

How are traders supposed to make any money when they can't set sells and buys? personally I don't take that risk but I certainly understand why it happens.

How are traders supposed to make any money when the exchanges are getting haxored and coinz are getting stolen at regular intervals?

Do the math, trading coins is less risky than leaving coins on exchanges ... how hard can that be to understand?

[chesthing]

looks like quiet a few people moved their coins to Kraken.
At least the liquidity in the order book has increased quiet a bit on EUR/USD.

I like this development. Kraken really deserves more attention now.

PSA (with sad eyes)

!!!DONT LEAVE YOUR COINZ ON THE EXCHANGES YOU FUCKING MORONS!!!

How are traders supposed to make any money when they can't set sells and buys? personally I don't take that risk but I certainly understand why it happens.

How are traders supposed to make any money when the exchanges are getting haxored and coinz are getting stolen at regular intervals?

Do the math, trading coins is less risky than leaving coins on exchanges ... how hard can that be to understand?

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.

[LogHangingConsortium]

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
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?

[savetherainforest]

https://www.youtube.com/watch?v=f7yVyIPATWc
Too soon?

... Neah... its fine.. his laugh is enjoyable! .. Its like gasoline poured down on the FUD fire... Its all fine!

[chesthing]

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
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?

Bitcoin's price comes mainly from speculation rather than utility at this stage. You take the mental step forward on where we go from here, I've already done it.

[TReano]

looks like quiet a few people moved their coins to Kraken.
At least the liquidity in the order book has increased quiet a bit on EUR/USD.

I like this development. Kraken really deserves more attention now.

PSA (with sad eyes)

!!!DONT LEAVE YOUR COINZ ON THE EXCHANGES YOU FUCKING MORONS!!!

not this discussion again...

Good Luck without active traders on a exchange... You heavily need active traders to get decent liquidity overall.

If you are a simple investor who buys once every 3 months it's different story for sure.

[Unacceptable]

The token is a notional credit, is dependent on the Bitfinex Group’s recovery of Losses, and is subordinated to any claims against the Bitfinex Group not related to the Losses. Recovery may include any of the following: recovery of stolen property; funds raised in one or more financings; and available cash from ongoing operations. The token has been issued to you without reduction of or other release or waiver of any claims you may have against the Bitfinex Group. Similarly, the Bitfinex Group has not waived any claims or defences it may have under the Terms of Use or otherwise should you choose to assert any claims independent of the token. The obligation evidenced by the token bears no interest and is not entitled to dividends, distributions, or other income amounts of any kind. The token is intended to be redeemed to the extent of its ratable share of the recoveries and may in any event at any time be redeemed by the Bitfinex Group at the Bitfinex Group’s sole option for its face value less the amount of any prior redemptions.

annnnndd its worthless.


i guess this means, its not a shares of bitfinex.
and this token will shit out some money when/if   they recover the stolen funds ( unlikely ) , get money from venture capitalist ( unlikely ), if bitfinex turns a net profit after they paid all expenses ( unlikely to be more than a few 1000$ a month distributed amongst  75million tokens....)

worthlessness
i see this token dropping to near zero
i'm really fucking disappointed, i was looking forward to owning a piece of bitfinex.

Here ya go!!!



Sorry guys,hope you get something fer yer BFX 

[marcus_of_augustus]

looks like quiet a few people moved their coins to Kraken.
At least the liquidity in the order book has increased quiet a bit on EUR/USD.

I like this development. Kraken really deserves more attention now.

PSA (with sad eyes)

!!!DONT LEAVE YOUR COINZ ON THE EXCHANGES YOU FUCKING MORONS!!!

not this discussion again...

Good Luck without active traders on a exchange... You heavily need active traders to get decent liquidity overall.

If you are a simple investor who buys once every 3 months it's different story for sure.

Who said bitcoin needs "heavily active traders"? ... as far as I can tell they are bunch of useless leeches.

[chesthing]

looks like quiet a few people moved their coins to Kraken.
At least the liquidity in the order book has increased quiet a bit on EUR/USD.

I like this development. Kraken really deserves more attention now.

PSA (with sad eyes)

!!!DONT LEAVE YOUR COINZ ON THE EXCHANGES YOU FUCKING MORONS!!!

not this discussion again...

Good Luck without active traders on a exchange... You heavily need active traders to get decent liquidity overall.

If you are a simple investor who buys once every 3 months it's different story for sure.

Who said bitcoin needs "heavily active traders"? ... as far as I can tell they are bunch of useless leeches.

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.

[marcus_of_augustus]

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? Traders who panic sell and dump coins at any price?

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?

Bitcoin needs leechy traders like a hole in the head. In fact the haxor holds the coinz stronger than the traders who left bitcoins on exchange ... what does that say about those "useful traders" ... look pretty useless from here?

[chesthing]

It's about adding liquidity. You think bitcoin would be worth fuck all without trading? I'm done arguing with an idiot, moving on now.

[marcus_of_augustus]

It's about adding liquidity. You think bitcoin would be worth fuck all without trading? I'm done arguing with an idiot, moving on now.

bitcoin has a lot of value without "trading" aka casino gambling, case in point bitcoins value came before there were exchanges. Your "liquidity" argument is vacuous when examined closely, it's just a feel good throwaway comment that has zero substance.

Feel like lending out your coins on finex for 'liquidity' any time soon "stupid" "idiot"?

[LogHangingConsortium]

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.

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 :\

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&?