serveria.com
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Privacy Servers. Since 2009.
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April 26, 2019, 05:05:27 AM |
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I see a new wave of FUD is raging. Could somebody please post that fear indicator gauge? #HODL #BUYTHEDIP P.S. Yet anything they managed to achieve with that FUD so far was meager 3% dip.... bullish Are you serious??? you must be realistic, bad news from bitfinex kick the market. Kicking BTC is a bad idea. It may turn out you have woke it up from sleep and it will rise tall and shine...
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serveria.com
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Activity: 2380
Merit: 1189
Privacy Servers. Since 2009.
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April 26, 2019, 05:07:18 AM |
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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... We don't quote roach here...
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kenzawak
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April 26, 2019, 05:10:15 AM |
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They both suck. Leave it for a bit now, like a week. Admin knows full well you want it. We can bump it. imho. anyone else?
True. Theymos doesn't look like he cares but he's aware of everything and sure knows about your application. Others' have taken much longer to be approved. We'll keep bumping it though.
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VB1001
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Merit: 2540
<<CypherPunkCat>>
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April 26, 2019, 05:14:32 AM |
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^Yow "RED trust queen" get yourself a HAT XhomerX can make something with cats and red I guess I could, yes. Where is my 4k HAT? A hat with this Cypherpunk cat, will be perfect.
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Toxic2040
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April 26, 2019, 05:45:01 AM Last edit: April 26, 2019, 06:02:24 AM by Toxic2040 |
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It all feels somewhat artificial if you ask me and I really dont know what the net effect might be but when you get right down to it having someones funds or coins 'tied up' just makes the rest of our coins more valuable right? Deflationary Darwinism. I guess it could go either way but I think we might head back towards the 200 MA. 1h with the cloud doubled on the 2 hour chart things look a bit different. still, support has turned to resistance #dyor 2h all I can see is a huuge frying pan with long handle forming..ask someone else. D #stronghands'19
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Lambie Slayer
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April 26, 2019, 05:55:25 AM Last edit: April 26, 2019, 06:17:05 AM by Lambie Slayer |
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Shit happens, but some folks are just begging for it. I'm sure a normal dose of, say, L, couldn't do that to a normal guy.
Depends. Most drugs affect the application layer of what makes you.... you. They make small changes that go away when rebooted. Pot and alcohol fall in this category. A few affect the operating system that the thing called "you" runs on. They make more substantive changes in how you act and change a number of things that make you you. Good opiates fall in this category. LSD and such twiddle around with your firmware or in some cases your microcode. They can change who you *are*, and can rewrite the thing your mental operating system runs on. Use with care. I think everyone should try smoking DMT at least once. Its a natural chemical your brain already makes and very safe. The experience is over in minutes but it does feel like hours while you are in this other dimension. Once you smoke it there is no need to ever try any other drug, mountain climbing, sky diving, etc, because you will have already achieved the pinnacle of all strange and amazing experiences. https://www.youtube.com/watch?v=XlBzIecpxfEhttps://www.youtube.com/watch?v=D727ossAE1sDisclaimer:
Slayer does not condone the possession, manufacture, or use of illegal drugs in violation of the local laws of your jurisdiction. This comment was for informational purposes only.
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Abrasax
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April 26, 2019, 06:40:59 AM |
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Shit happens, but some folks are just begging for it. I'm sure a normal dose of, say, L, couldn't do that to a normal guy.
Depends. Most drugs affect the application layer of what makes you.... you. They make small changes that go away when rebooted. Pot and alcohol fall in this category. A few affect the operating system that the thing called "you" runs on. They make more substantive changes in how you act and change a number of things that make you you. Good opiates fall in this category. LSD and such twiddle around with your firmware or in some cases your microcode. They can change who you *are*, and can rewrite the thing your mental operating system runs on. Use with care. I think everyone should try smoking DMT at least once. Its a natural chemical your brain already makes and very safe. The experience is over in minutes but it does feel like hours while you are in this other dimension. Once you smoke it there is no need to ever try any other drug, mountain climbing, sky diving, etc, because you will have already achieved the pinnacle of all strange and amazing experiences. https://www.youtube.com/watch?v=XlBzIecpxfEhttps://www.youtube.com/watch?v=D727ossAE1sDisclaimer:
Slayer does not condone the possession, manufacture, or use of illegal drugs in violation of the local laws of your jurisdiction. This comment was for informational purposes only. Salvia Divinorium is also a very worthwhile substance to try. At least once in a life time. Goes way beyond any kind of imagination and feels real as hell
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realr0ach
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Activity: 924
Merit: 311
#TheGoyimKnow
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April 26, 2019, 06:50:23 AM |
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Funny how roach shows up every time there's a dip.
Probably just a coincidence.
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makrospex
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nothing to see here
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April 26, 2019, 06:53:53 AM |
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Of course, blackle may be saving your data, for later use of their own design. Who ya gonna call?
GHOSTBUSTERS!!!!*scnr*
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kurious
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April 26, 2019, 06:56:47 AM Last edit: April 26, 2019, 07:22:51 AM by kurious |
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It's well worth reading the doc. It sounds like a truly bizarre situation. https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=vIexA1b0spKOnK_PLUS_ZUGTJ3A==&system=prod'Documents provided to OAG demonstrate that by mid-20 18. Bifinex was having extreme difficulty honoring its clients' requests to withdraw their money from the trading platform because Crypto Capital which held all or almost all of Bitfinex·s funds refused to process customer withdrawal requests and refused or was unable to return any funds to Bitfinex.' It looks like they entrusted everything and were totally beholden to some Panamanian nobodies and were reduced to pleading for their own money from them. How the did BFX allow themselves to get into a situation like that? Yep - they popped a cool billion dollars (some theirs but mostly client's money) with a dodgy offshore 'payment processor' to do payouts to customers within the banking system - as Finex had no practical access to it. Around 800 million has now either been lost or simply stolen. The pleading emails from 'Merlin' at Finex asking, nay pleading nicely to his mate 'Oz' at purported payment processer 'Crypto Capital' to at least pop a $100 million over as things were getting desperate are instructive. Seems CC was spinning the line that money had been seized by Polish / Portuguese 'authorities'.... The upshot is that Finex then raided Tether funds to fill the hole and the action from US-based authorities is based upon things linking into accounts and customers in New York. Finex appears to be insolvent. As is Tether. EDIT: posted before I caught up, probably a little late. One further thought - this actually may not crash Bitcoin at all - remember the Silk Road bust dip..? Surely getting out of Tether into BTC makes more sense than selling BTC?
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rebal15
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Activity: 527
Merit: 6
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April 26, 2019, 07:06:13 AM |
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Shit happens, but some folks are just begging for it. I'm sure a normal dose of, say, L, couldn't do that to a normal guy.
Depends. Most drugs affect the application layer of what makes you.... you. They make small changes that go away when rebooted. Pot and alcohol fall in this category. A few affect the operating system that the thing called "you" runs on. They make more substantive changes in how you act and change a number of things that make you you. Good opiates fall in this category. LSD and such twiddle around with your firmware or in some cases your microcode. They can change who you *are*, and can rewrite the thing your mental operating system runs on. Use with care. I think everyone should try smoking DMT at least once. Its a natural chemical your brain already makes and very safe. The experience is over in minutes but it does feel like hours while you are in this other dimension. Once you smoke it there is no need to ever try any other drug, mountain climbing, sky diving, etc, because you will have already achieved the pinnacle of all strange and amazing experiences. https://www.youtube.com/watch?v=XlBzIecpxfEhttps://www.youtube.com/watch?v=D727ossAE1sDisclaimer:
Slayer does not condone the possession, manufacture, or use of illegal drugs in violation of the local laws of your jurisdiction. This comment was for informational purposes only. Uhu okkk, I thought you were asleep 22h/7day. I have tried to help you, now I can't cuz I just drink beer and J&B.
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LFC_Bitcoin
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#1 VIP Crypto Casino
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April 26, 2019, 07:08:53 AM |
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Dump overnight!
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rebal15
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Activity: 527
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April 26, 2019, 07:18:54 AM |
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Dump overnight! Someone smoked a lot of DMT and was messing with Bitfinex's business.
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DaRude
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In order to dump coins one must have coins
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April 26, 2019, 07:26:38 AM |
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Finex showing $6.746MM in 30 day volume, assuming 0,2% fee that $13,5MM they make in fees each month. And that doesn't include money they make on lending or interest on their stash. Tether market cap is $2.847MM NY OAG claims they lost $850MM (of their own and clients money) so 30% of all Tether max, i'm sure they'll survive *unless more shit comes up
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Lambie Slayer
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April 26, 2019, 07:34:30 AM |
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Shit happens, but some folks are just begging for it. I'm sure a normal dose of, say, L, couldn't do that to a normal guy.
Depends. Most drugs affect the application layer of what makes you.... you. They make small changes that go away when rebooted. Pot and alcohol fall in this category. A few affect the operating system that the thing called "you" runs on. They make more substantive changes in how you act and change a number of things that make you you. Good opiates fall in this category. LSD and such twiddle around with your firmware or in some cases your microcode. They can change who you *are*, and can rewrite the thing your mental operating system runs on. Use with care. I think everyone should try smoking DMT at least once. Its a natural chemical your brain already makes and very safe. The experience is over in minutes but it does feel like hours while you are in this other dimension. Once you smoke it there is no need to ever try any other drug, mountain climbing, sky diving, etc, because you will have already achieved the pinnacle of all strange and amazing experiences. https://www.youtube.com/watch?v=XlBzIecpxfEhttps://www.youtube.com/watch?v=D727ossAE1sDisclaimer:
Slayer does not condone the possession, manufacture, or use of illegal drugs in violation of the local laws of your jurisdiction. This comment was for informational purposes only. Uhu okkk, I thought you were asleep 22h/7day. I have tried to help you, now I can't cuz I just drink beer and J&B. Reballz I always appreciate your help and you should know this by now. Thats why I always tip you well with a little fiat paper money when you valet my car or bring me my bone-in filet. I also have been telling you for many years to buy as much Bitcoin as you can afford.
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El duderino_
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BTC + Crossfit, living life.
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April 26, 2019, 07:50:26 AM |
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Funny how roach shows up every time there's a dip.
Probably just a coincidence. Strange you never surprise visit us when we are pumping
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greensheep
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April 26, 2019, 07:52:30 AM |
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Someone should add a TETHER side on the FUD dice.
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kurious
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April 26, 2019, 08:14:05 AM Merited by DeathAngel (1) |
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Finex showing $6.746MM in 30 day volume, assuming 0,2% fee that $13,5MM they make in fees each month. And that doesn't include money they make on lending or interest on their stash. Tether market cap is $2.847MM NY OAG claims they lost $850MM (of their own and clients money) so 30% of all Tether max, i'm sure they'll survive *unless more shit comes up
Hmm... I don't think their liquidity will be doing well - looking at the price increase, people are dumping Tether to buy BTC and presumably trying to get out. Also - not all clients will be paying 0.2% - so income may be lower and expenses are not zero, either. Filling a hole of many hundreds of millions cannot be done without years of all that income going into replace 'lost' capital. As GentlemanD said, the irony is Tether WAS backed up until they lost this large chunk of funds. However, getting any new banking partner now will be nigh-on impossible. Finex are in deep shit and probably in a total spin. Maybe a death spiral. Since they are (basically) profitable, I would think their best bet might be to try to find someone to buy 'em who does have banking sorted out and can float capital in to save the day. But who they gonna call..? Only a couple of candidates exist - and they might think the brand is too toxic. Even at a sale price of $1, which is the likely price for Finex with a hole in the hundreds of millions of USD and a legal case on their back. A bank could do it, but even if it makes financial sense, I can't see them risking running a crypto exchange. Coinbase? Anyone else...? With fast action needed and no time to do proper due diligence? Doubt it. First, Finex need to keep their customers to survive for long enough to find a solution. The chances of doing this with the run for the door already well underway is slim and all the Tethers coming back for redemption won't help. But it's their only hope.
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bitserve
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Self made HODLER ✓
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April 26, 2019, 08:57:12 AM |
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It's well worth reading the doc. It sounds like a truly bizarre situation. https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=vIexA1b0spKOnK_PLUS_ZUGTJ3A==&system=prod'Documents provided to OAG demonstrate that by mid-20 18. Bifinex was having extreme difficulty honoring its clients' requests to withdraw their money from the trading platform because Crypto Capital which held all or almost all of Bitfinex·s funds refused to process customer withdrawal requests and refused or was unable to return any funds to Bitfinex.' It looks like they entrusted everything and were totally beholden to some Panamanian nobodies and were reduced to pleading for their own money from them. How the did BFX allow themselves to get into a situation like that? Yep - they popped a cool billion dollars (some theirs but mostly client's money) with a dodgy offshore 'payment processor' to do payouts to customers within the banking system - as Finex had no practical access to it. Around 800 million has now either been lost or simply stolen. The pleading emails from 'Merlin' at Finex asking, nay pleading nicely to his mate 'Oz' at purported payment processer 'Crypto Capital' to at least pop a $100 million over as things were getting desperate are instructive. Not YOUR bank, not you FIAT! lol Some brutal poetic justice there...
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