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Author Topic: Price hits $10,000 on bitfinex  (Read 5586 times)
Zotia (OP)
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TokenUnion-Get Rewarded for Holding Crypto


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February 06, 2014, 02:28:37 AM
Last edit: February 06, 2014, 02:44:22 AM by Zotia
 #1

http://imgur.com/aO5McoM.jpg


What is going on?



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.TokenUnion.










Reinventing Savings via Cryptoeconomically
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MatTheCat
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February 06, 2014, 02:40:44 AM
 #2

Some kind of glitch with the house robots that sweep up all the stop-losses that are profitably within reach of the spot price no doubt.

I moved all my funds off that exchange last week. My gut tells me there is something not right with the place.

Kraken Account, Robbed/Emptied. Kraken say "Fuck you, its your loss": https://bitcointalk.org/index.php?topic=1559553.msg15656643#msg15656643

Bitfinex victims. DO NOT TOUCH THE BFX TOKEN! Start moving it around, or trading it, and you will be construed as having accepted it as an alternative means of payment to your USD, BTC, etc.
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Duelbits.com


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February 06, 2014, 02:43:21 AM
 #3

Choo Choo MOFO  Grin

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February 06, 2014, 03:04:52 AM
 #4

I've got an ask up there now.... In other news, $20 million is currently lent to leveraged buyers of BTC and LTC on Bitfinex.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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February 06, 2014, 03:58:50 AM
 #5

I love bfx. Without the extra leveraged trading abilities, I would not hold during rallies. Are you sure something is that wrong?
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February 06, 2014, 04:28:01 AM
 #6

It's a short glimpse of the future  Shocked




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TERA
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February 06, 2014, 05:47:27 AM
 #7

Oh I see whoever is doing this $10,000 order is a hack and hunting all of the short stop loss orders to trigger,
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February 06, 2014, 05:50:01 AM
 #8

well, you've a ask of $500 as well, looks like a technical glitch.  The loan book looks somewhat stable.
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February 06, 2014, 06:00:00 AM
 #9

303 btc at 829 on stamp. i tried to trigger a buy, not working

btfnx actually.
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February 06, 2014, 06:08:45 AM
 #10

Very strange. That order did not take but two other  ones did, one at 814 and another at 796, just 15 minutes ago.
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February 06, 2014, 06:14:16 AM
 #11

update. the bid on btfnx is 303 at 829. just took a 29 btc hit and immediately replenished to 303.  wish i had more to sell ...
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February 06, 2014, 06:59:37 AM
 #12

I think someone is doing this on purpose.

With the sell price being $10,000 you can deposit 1 coin and your "balance" will show $10,000. Meaning you can now use $10,000 (1 bitcoin) as leverage and take a loan out for $25,000. Buy LTC on margin, and play the swings margin trading. Use the cash you just made trading to buy LTC and withdraw automatically to your wallet….. Profit.

Have you not noticed the LTC volume? 135,000LTC just now.

But do this with many coins of course!
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February 06, 2014, 07:05:52 AM
 #13

Is this for real ? Bug or mega chooo-chooo already...
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February 06, 2014, 07:12:38 AM
 #14



DAFUQ?
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February 06, 2014, 07:25:34 AM
 #15



wow!
hyphymikey
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February 06, 2014, 07:29:19 AM
 #16



wow!

If you could only claim those profits!
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February 06, 2014, 07:30:36 AM
 #17

Wow. Such profits. Much risk. Bank or bust.
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February 06, 2014, 07:48:35 AM
 #18



Uhm they just deleted the position as if nothing happened. Sad
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February 06, 2014, 08:24:49 AM
 #19

Btfnx appears now to be completely frozen...?
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February 06, 2014, 08:56:12 AM
 #20

bitcoinica 2.0
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