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

[molecular]

bitfinex back it seems

[huanglui]

I buy today 9.735.843,65351333 BTC . What is the total BTC supply. I want buy all coins. Thanks

[JayJuanGee]

that bitfinex maintenance surely was planned to worsen the dump

O shady crypto world

anyone still operating there is asking for it.

A bit like good ol gox. The signs were there months ahead.

I get what you are saying, in terms of "signs," and really there had been "signs" of Bitfinex shenanigans for at least a year before the August 2, "hack".     

So, even though kind of like Gox, this whole bitfinex matter seems to be a whole-hell-of-a-lot more sophisticated and tricky, as compared with Gox.. Similar, but different.

Whether they are going to run away with the money or not still seems to be a question, even though some people like to describe the whole situation as a "when" question rather than an "if" question. 

Personally, I don't really know.  I do have some BFX coin tied up with them that I don't really want to cash out and likely lock in a more than 40% loss of that (based on current BFX prices), but surely, if the signs seems strong enough, it may be worth it to completely pull out of there. 

Since the BFX hack had taken place, I had made several BTC withdrawals, and a few BTC deposits.  Overall, my Bitfinex exposure was not really very big (even before the alleged "hack"), and currently, my exposure is a bit smaller than it had been.  Since there are some of these goofy and apparent warning signs coming from Bitfinex, I may be somewhat in agreement that it could be prudent for me to lessen my Bitfinex exposure even more.. I am still a bit in the air about the level of prudence that I personally deem to be fitting to my circumstances (which includes my consideration of the risks that I am taking and how much risk I am willing to tolerate, even while there are admittedly "signs")

[DaRude]

I buy today 9.735.843,65351333 BTC . What is the total BTC supply. I want buy all coins. Thanks

Market cap is BTC16MM and Whoboi, and OKCoin already do that much volume in a week each, and now you too!?!

[JimboToronto]

Damn. I just got back from running some important errands and see I missed the first real buying opportunity since early August.

Under $690 was a buyable dip. It's since gone back up almost $20.

Oh well, I probably shouldn't be spending the fiat right now anyway. I have a few bills to pay.

 

[huanglui]

I buy today 9.735.843,65351333 BTC . What is the total BTC supply. I want buy all coins. Thanks

Market cap is BTC16MM and Whoboi, and OKCoin already do that much volume in a week each, and now you too!?!

When I will buy the remaining 6 million coins BTC will be the best decentralized crypto.

[DaRude]

I buy today 9.735.843,65351333 BTC . What is the total BTC supply. I want buy all coins. Thanks

Market cap is BTC16MM and Whoboi, and OKCoin already do that much volume in a week each, and now you too!?!

When I will buy the remaining 6 million coins BTC will be the best decentralized crypto.

Why only 6MM? If you buy on Chinese exchange they'll probably sell another BTC16MM to you, you know as long as you don't try to withdraw it  from their exchange

[eXtatiC]

I buy today 9.735.843,65351333 BTC . What is the total BTC supply. I want buy all coins. Thanks

Market cap is BTC16MM and Whoboi, and OKCoin already do that much volume in a week each, and now you too!?!

When I will buy the remaining 6 million coins BTC will be the best decentralized crypto.

Why only 6MM? If you buy on Chinese exchange they'll probably sell another BTC16MM to you, you know as long as you don't try to withdraw it  from their exchange

He will have 2500$/day withdraw limit. So guys, how many time he need to withdraw all BTC?

[TERA]

that bitfinex maintenance surely was planned to worsen the dump

O shady crypto world

anyone still operating there is asking for it.

A bit like good ol gox. The signs were there months ahead.

I get what you are saying, in terms of "signs," and really there had been "signs" of Bitfinex shenanigans for at least a year before the August 2, "hack".     

So, even though kind of like Gox, this whole bitfinex matter seems to be a whole-hell-of-a-lot more sophisticated and tricky, as compared with Gox.. Similar, but different.

Whether they are going to run away with the money or not still seems to be a question, even though some people like to describe the whole situation as a "when" question rather than an "if" question. 

Personally, I don't really know.  I do have some BFX coin tied up with them that I don't really want to cash out and likely lock in a more than 40% loss of that (based on current BFX prices), but surely, if the signs seems strong enough, it may be worth it to completely pull out of there. 

Since the BFX hack had taken place, I had made several BTC withdrawals, and a few BTC deposits.  Overall, my Bitfinex exposure was not really very big (even before the alleged "hack"), and currently, my exposure is a bit smaller than it had been.  Since there are some of these goofy and apparent warning signs coming from Bitfinex, I may be somewhat in agreement that it could be prudent for me to lessen my Bitfinex exposure even more.. I am still a bit in the air about the level of prudence that I personally deem to be fitting to my circumstances (which includes my consideration of the risks that I am taking and how much risk I am willing to tolerate, even while there are admittedly "signs")

I saw signs on Bitfinex and got all my capital out just days before the hack.  There were things like the site going down and withdrawals getting stuck and having to contact support.  Also they would openly argue with their customers on this forum and reveal things like the customers account balance.

[yefi]

Why only 6MM? If you buy on Chinese exchange they'll probably sell another BTC16MM to you, you know as long as you don't try to withdraw it  from their exchange

lol

[huanglui]

I buy today 9.735.843,65351333 BTC . What is the total BTC supply. I want buy all coins. Thanks

Market cap is BTC16MM and Whoboi, and OKCoin already do that much volume in a week each, and now you too!?!

When I will buy the remaining 6 million coins BTC will be the best decentralized crypto.

Why only 6MM? If you buy on Chinese exchange they'll probably sell another BTC16MM to you, you know as long as you don't try to withdraw it  from their exchange

Tomorrow I will buy all BTC and then withdraw all from exchange.

[ErisDiscordia]

We seem to be heading for the great 5180 - out of the handle at speed and volume.

What do you think will happen? Will we be able to break the resistance? Hear alot of people about a retrace to ~4500 CNY after hitting 5150 CNY.
I think that might be true.

Remarkably accurate call!

[JimboToronto]

Tomorrow I will buy all BTC and then withdraw all from exchange.

Sorry bro. You're not buying mine, or anyone else's who keeps them safe offline in paper wallets.

 

[bitebits]

[...] Personally, I don't really know. I do have some BFX coin tied up with them that I don't really want to cash out [...]

[...] there are some of these goofy and apparent warning signs coming from Bitfinex, I may be somewhat in agreement that it could be prudent for me to lessen my Bitfinex exposure even more.. [...]

Then you better get those BFX coins of Bitfinex and put them in cold storage.

/s

[JayJuanGee]

I like BTC. Buy for 1000  sell for 200 and buy back for 740 . Great decentralized investment.

What kind of fantasy world are you in? 

Yeah, sure there are some naive folks who are doing that, but in reality that should be the exception rather than any kind of widespread happening, no?

[huanglui]

Tomorrow I will buy all BTC and then withdraw all from exchange.

Sorry bro. You're not buying mine, or anyone else's who keeps them safe offline in paper wallets.

 

Satoshi already sell me his paper wallet with 850.000 BTC .

[petahashminer]

5150 yuans to 4730 yuans

for about 420 yuans @ $ 62  in a day.

seems not good for me.

[TERA]

Btc corrections after a multi week rally are typically violent and steep. This is nothing.  I called this yesterday.  It's still pretty bullish at this level.  You can start worrying of it goes below 650.

[JayJuanGee]

that bitfinex maintenance surely was planned to worsen the dump

O shady crypto world

anyone still operating there is asking for it.

A bit like good ol gox. The signs were there months ahead.

I get what you are saying, in terms of "signs," and really there had been "signs" of Bitfinex shenanigans for at least a year before the August 2, "hack".     

So, even though kind of like Gox, this whole bitfinex matter seems to be a whole-hell-of-a-lot more sophisticated and tricky, as compared with Gox.. Similar, but different.

Whether they are going to run away with the money or not still seems to be a question, even though some people like to describe the whole situation as a "when" question rather than an "if" question. 

Personally, I don't really know.  I do have some BFX coin tied up with them that I don't really want to cash out and likely lock in a more than 40% loss of that (based on current BFX prices), but surely, if the signs seems strong enough, it may be worth it to completely pull out of there. 

Since the BFX hack had taken place, I had made several BTC withdrawals, and a few BTC deposits.  Overall, my Bitfinex exposure was not really very big (even before the alleged "hack"), and currently, my exposure is a bit smaller than it had been.  Since there are some of these goofy and apparent warning signs coming from Bitfinex, I may be somewhat in agreement that it could be prudent for me to lessen my Bitfinex exposure even more.. I am still a bit in the air about the level of prudence that I personally deem to be fitting to my circumstances (which includes my consideration of the risks that I am taking and how much risk I am willing to tolerate, even while there are admittedly "signs")

I saw signs on Bitfinex and got all my capital out just days before the hack.  There were things like the site going down and withdrawals getting stuck and having to contact support.  Also they would openly argue with their customers on this forum and reveal things like the customers account balance.

Fair enough.    I will have to consider the matter. 

Around the time of the "hack", I had nearly 9% of my BTC investment in Bitfinex.

 Currently, (not counting what is tied up in BFX) I have about 6% of my BTC investment there, and upon review, it seems that I could reduce my exposure to 3-4% without really being considerably affected.  I think that I will need to consider the whole matter because I am changing a few of my various practices, and sometimes there is a certain amount of value in maintaining some risk exposure in order to facilitate some of the benefits of the whole bitcoin situation - including some ongoing arbitrage considerations that also seem to come about from time to time.

[JayJuanGee]

We seem to be heading for the great 5180 - out of the handle at speed and volume.

What do you think will happen? Will we be able to break the resistance? Hear alot of people about a retrace to ~4500 CNY after hitting 5150 CNY.
I think that might be true.

Remarkably accurate call!

hahahahahaha..

It is a bit ironic to see the 4580 indicator on Huobi.. If only had left the "80" in there.