Bitfinex - FRAUD, price manipulation, fake transactions

[deisik]

is bitfinex truely a fraud and price maniuplator?

No. The OP is a professional troll.

I'm curious if he receives any remuneration for his efforts and hard toil

He seems to be hell-bent on slinging mud at various cryptoexchanges. I've seen him actively attacking Btc-e when it got taken over by the FBI. I don't know if he is still active in the threads about WEX (the successor to Btc-e), but now he is posting crap about Bitfinex. It would be interesting to see what Bitcoin exchange he doesn't try to defame, and thus we could trace the roots and source of his hatred (you know what I mean). When I asked him about that, he said that he was just selflessly warning people (or something to that tune), though the way he was talking to people who lost money at Btc-e left me feeling very dubious and suspicious about his real intents

[mayax]

is bitfinex truely a fraud and price maniuplator?

No. The OP is a professional troll.

 

Quickseller, with your "Trust: -242", you come and say about trolling?      What trolling?

These are the facts. Bitfinex is a fraudulent company without any financial license and more than that, it's a criminal company by doing MANY illegal things as : market manipulation, stealing and defrauding its clients.

[mayax]

is bitfinex truely a fraud and price maniuplator?

No. The OP is a professional troll.

I'm curious if he receives any renumeration for his efforts and hard toil

He seems to be hell-bent on slinging mud at various cryptoexchanges. I've seen him actively attacking Btc-e when it got taken over by the FBI. I don't know if he is still active in the threads about WEX (the successor to Btc-e), but now he is posting crap about Bitfinex. It would be interesting to see what Bitcoin exchange he doesn't try to defame, and thus we could trace the roots and source of his hatred (you know what I mean). When I asked him about that, he said that he was just selflessly warning people (or something to that tune), though the way he was talking to people who lost money at Btc-e left me feeling very dubious and suspicious about his real intents

Defamation is something else. All the exchangers without financial license, are illegal. Period.
They are plague, a cancer and this industry cannot evolve because of them.  Bitfinex is one of these plagues.

Once Coinbase, Bitstamp, Gemini, Itbit took their licenses, I didn't say any word against them. This is the way that you should sustain.

Now, you support criminal companies like Bitfinex, Kraken, Poloniex, etc (without financial license). You have to realize that by supporting these shit companies, you make a disservice to you too.

Yes, BTC-e was a criminal company too and they continue their shits through Exmo, WEX and few others. There are many sheep that they will follow them; most of them are fraudsters too

[mayax]

ANOTHER FACT about Bitfinex (a criminal company):

https://medium.com/@bitfinexed/bitfinex-never-repaid-their-tokens-bitfinex-started-a-ponzi-scheme-86a9291add29

[mayax]

Bitfinex, the criminal organisation is claiming that 30 mil is missing from its shit, Tether:  

https://www.coindesk.com/tether-claims-30-million-stable-token-stolen-attacker/


Why is Tether, operating a money transmitter under an attorney trust account? This is illegal.

[jmseigneur]

If you want to follow in real-time Bitfinex online reputation crisis, you may try to check this page from time to time: https://www.reputaction.com/en/bitfinex-online-reputation

[mayax]

Tether has added 50M USDT tokens in the past 24 hours!    

http://omnichest.info/lookupadd.aspx?address=3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL&


They  print shitloads. Then they will short bitcoin to hell or some kind of ‘hack’ will take place.  

The price of BTC will usually increase within 5-6 hours of the Tether being printed. The Bitfinex pumping is doing a huge bubble and the sheep are passive as usual

Bitfinex = Tether = criminals

[gentlemand]

I wonder how much more or less friction their new USD channels will have.

Assuming they're routed normally there's now no reason to going through Tether, if anyone actually ever did. Will this calm it down, stop it completely, or will their gay abandon raise even more questions if it continues?

[HeRetiK]

Tether has added 50M USDT tokens in the past 24 hours!    

http://omnichest.info/lookupadd.aspx?address=3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL&


They  print shitloads. Then they will short bitcoin to hell or some kind of ‘hack’ will take place.  

The price of BTC will usually increase within 5-6 hours of the Tether being printed. The Bitfinex pumping is doing a huge bubble and the sheep are passive as usual

Bitfinex = Tether = criminals

I still think that USDT / Bitfinex is only partially responsible for Bitcoin's growth this year. The market was ready for Bitcoin's re-awakening and that's how we got here.

Still, it does indeed look like USDT is heading for an iceberg. Question being whether Bitcoin is on the same ship or if Bitfinex is going to be the only casualty.

[deisik]

Tether has added 50M USDT tokens in the past 24 hours!   

http://omnichest.info/lookupadd.aspx?address=3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL&


They  print shitloads. Then they will short bitcoin to hell or some kind of ‘hack’ will take place. 

The price of BTC will usually increase within 5-6 hours of the Tether being printed. The Bitfinex pumping is doing a huge bubble and the sheep are passive as usual

Bitfinex = Tether = criminals

I still think that USDT / Bitfinex is only partially responsible for Bitcoin's growth this year. The market was ready for Bitcoin's re-awakening and that's how we got here.

Still, it does indeed look like USDT is heading for an iceberg. Question being whether Bitcoin is on the same ship or if Bitfinex is going to be the only casualty.

Is there anything like EUROT?

Or is it just a matter of time till it comes about? Bitfinex may be moving away from Tether, though I don't really know how inseparable they are. Are they essentially the same entity, so when Tether goes to hell, Bitfinex will follow? Or could they try to make it into a separate, stand-alone something which lives and, well, dies entirely on its own? That said, I don't really think that Bitcoin is on board with Tether, the latter seems to be only a small spot on the sun

[gentlemand]

Or is it just a matter of time till it comes about? Bitfinex may be moving away from Tether, though I don't really know how inseparable they are. Are they essentially the same entity, so when Tether goes to hell, Bitfinex will follow? Or could they try to make it into a separate, stand-alone something which lives and, well, dies entirely on its own? That said, I don't really think that Bitcoin is on board with Tether, the latter seems to be only a small spot on the sun

BFX and Tether have the same parent company and the same personnel pretty much. I assume they've minimised overlap where possible. As far as I can tell Tether's official 'business model' is interest on the real USD, if it exists, but that's not even going to keep pace with inflation in most places.

I think people would be ill advised to underestimate the effect Tether has had. It's fresh money on the biggest exchange. That's a doubling of effect as other exchanges follow its moves and most of the money flying on exchanges is endlessly recycled.

It's easy to forget how big USDT is with alts. There might be more of an effect on them, but nothing would get out of it unscathed.

[HeRetiK]

Is there anything like EUROT?

Or is it just a matter of time till it comes about? [...]

I've seen NZDT (New Zealand Dollar Token) based on the WAVES platform being used / issued by cryptopia.co.nz, but that seems to be only exchange supporting this token -- well, apart from the WAVES trading platform itself, I suppose.

EURT may just be a matter of time, but so far I don't see any likely issuers. The only exchanges that I can think of right now that support EUR trading are linked to the traditional banking anyways, fairly transparent and fully AML / KYC compliant -- which makes issuing something like EURT an unnecessary evil.

[...]

It's easy to forget how big USDT is with alts. There might be more of an effect on them, but nothing would get out of it unscathed.

Indeed, I also think that alts will get hit harder by a possible USDT collapse than BTC. Most alts are traded on exchanges that can be only reached via BTC or USDT in the first place.

[mayax]

facts :

https://medium.com/@michaelx777/is-tether-being-used-for-money-laundering-34b29fdc2b74

[gentlemand]

facts :

https://medium.com/@michaelx777/is-tether-being-used-for-money-laundering-34b29fdc2b74

Um, started off OK and then finished with a Bitshares shillfest.

Crypto writers really need to up their subtlety more than few tads.

Anyway here's some more fun comments from a BFX employee - https://www.reddit.com/r/BitcoinMarkets/comments/7fsfwl/daily_discussion_monday_november_27_2017/dqfjo1s/?context=3

[mayax]

facts :

https://medium.com/@michaelx777/is-tether-being-used-for-money-laundering-34b29fdc2b74

Um, started off OK and then finished with a Bitshares shillfest.

Crypto writers really need to up their subtlety more than few tads.

Anyway here's some more fun comments from a BFX employee - https://www.reddit.com/r/BitcoinMarkets/comments/7fsfwl/daily_discussion_monday_november_27_2017/dqfjo1s/?context=3

 the essence remains.

Bitfinex is a disease, a criminal organisation. this is not  tads (SF stories)

[Pab]

Bitfinex didnt pay his hosting bill in Italy and run away.Itaian National judge will investigate that case

https://twitter.com/jnardiello/status/936031581810184193

[Quickseller]

Bitfinex didnt pay his hosting bill in Italy and run away.Itaian National judge will investigate that case

https://twitter.com/jnardiello/status/936031581810184193

I don't think that person is very credible to be honest.

[mayax]

Bitfinex didnt pay his hosting bill in Italy and run away.Itaian National judge will investigate that case

https://twitter.com/jnardiello/status/936031581810184193

I don't think that person is very credible to be honest.

I don't think you are honest too. You always defend the fraudsters from Bitfinex without having any argument. Are you part of their criminal gang or what?

[Quickseller]

Bitfinex didnt pay his hosting bill in Italy and run away.Itaian National judge will investigate that case

https://twitter.com/jnardiello/status/936031581810184193

I don't think that person is very credible to be honest.

I don't think you are honest too. You always defend the fraudsters from Bitfinex without having any argument. Are you part of their criminal gang or what?

That guy alleges to be a former engineer for bitfinex, but he also has tweeted several anti-bitfinex tweets, which at best shows a negative bias towards his claimed former employer.

Also, it is my understanding that bitfinex paid to keep its prior servers intact for evidentiary purposes after last August's hack, so his claim is likely to be false anyway.

[mayax]

Tether has added 50M USDT tokens in the past 24 hours!    

http://omnichest.info/lookupadd.aspx?address=3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL&


They  print shitloads. Then they will short bitcoin to hell or some kind of ‘hack’ will take place.  

The price of BTC will usually increase within 5-6 hours of the Tether being printed. The Bitfinex pumping is doing a huge bubble and the sheep are passive as usual

Bitfinex = Tether = criminals

I still think that USDT / Bitfinex is only partially responsible for Bitcoin's growth this year. The market was ready for Bitcoin's re-awakening and that's how we got here.

Still, it does indeed look like USDT is heading for an iceberg. Question being whether Bitcoin is on the same ship or if Bitfinex is going to be the only casualty.

mysterious institutions are buying hundreds of millions of Tethers from an unlicensed company, hacked three times now and never provided a single answer about the so called "authorities investigation", and then a FOMO (fear of missing out man) buying Bitcoins on their exchange.

 totally plausible.