/biz/ - Business & Finance

>>5273508
Dont worry, people will be thinking the same months from now when they look at december 20, 2017

>>5129301
Why do you care what a bunch of NEETs think, unless yoh secretly want to be one

>>5127010
I see you are a man of culture as well

>>5126876
Oh :( k

>>5123356
> You literally expect me to do magic?
Yes.

>family member called me asking about my "bitcom"

>>5089996
replace bcash with ltc and you're correct

>tfw no chubby taylor gf

>>5065655
320k mana reporting for dooty.

sex is a pump and dump scam, avoid at all cost

>Not having gold bars with your keys minted on them.

aside from first mover factor, bitcoin really is a shitcoin in disguise. its tech is objectively worse than other offerings out there. the community and dev team are shitty and not unified. why do the normies thirst for this shitcoin /biz/

1: Exiting with user funds.
They now have over 1bn USD worth of ETH and tokens in this address that never finds its way back to bitfinex related wallets, meanwhile the bitfinex reddit is screaming about not being able to withdraw many different coins for over 20 hours. https://etherscan.io/address/0xf4b51b14b9ee30dc37ec970b50a486f37686e2a8
2: Effective marketcap of Tethers in circulation is much higher than what one would think.

https://wallet.tether.to/richlist https://i.imgur.com/Oan90j9.png

Bitfinex barely holds tether. The picture you see is how much each exchange has on behalf of their users + their own. It has been as low as 1.8m some days.
Yes, bitfinex doesn't even have their own users tether, they sell them on other exchanges and their own users pay each other in the exchange with not just credited tethers, but imaginary credited bitfinex tethers.
Yes, imaginary imaginary USD IOUs. I know, It's hilarious.

Essentially, this means the total circulating supply of tether is what we thought it was, plus the entire amount that people "have" on bitfinex.
Considering there is much more you can use tethers for on bitfinex than, say, bittrex, and the bitfinex non-fake volume is likely not higher or much higher on bittrex, the amount of tethers people "have" on bitfinex should be much higher than what people "have" on bittrex.
For all we know there could be up to a billion or even more "tethers" on bitfinex right now. The scam is on an even higher scale than the tether marketcap suggests.

3: Polish Money Laundering Bank
http://www.trustnodes.com/2017/11/22/bitfinex-reveals-new-polish-bank-account-panama-registered-company

There is also more but this should be enough to make you sweat. Also, go look at the bitfinex subreddit.

For people having trouble withdrawing:
https://www.reddit.com/r/bitfinex/comments/7htnit/if_you_have_withdrawn_within_the_last_24hr/

Previous thread: >>4822077

Anon... That was the dip.. I.. thought you knew...

>>4704950
Only 9200 right now. Will buy another 1000 or so when coinbase fucking gets its shit together and cancels my three failed orders so my limit is brought back
dunno if I should wait until link is 15c or 16c again though, I'm always afraid it's not ever going back down

Making a new currency called TetherBTC
Every bitcoin tether is worth 1 bitcoin.

My terms of service:
There is no contractual right or other right or legal claim against us to redeem or exchange your Tethers for money. We do not guarantee any right of redemption or exchange of Tethers by us for money. There is no guarantee against losses when you buy, trade, sell, or redeem Tethers.

>>4528934
In for like 120k

Feeling comfy af

>>4518892
>and some other more abstract dimensions I won't describe.

Remember to buy the dip guys. Bitcoin always recovers. Everybody knows that, it's what always happened in the past and it will happen again.
10k by end of year. Let's go.

>>4497279
nice, enjoy your life

>sell my Bitcoin Gold on bittrex for 400 dollars
>it pumps to 550 dollars less than 90 seconds later
Your welcome guys

clitfinex

At least one coin will rise by 20% today. Screencap this.

From whitepaper:
0x will be deployed to the Ethereum blockchain with a fixed supply of protocol tokens that will be issued
to partnering dApps and future end users. Protocol tokens will have two uses: for market participants to
pay transaction fees to Relayers and for decentralized governance over updates to the protocol. Decen-
tralized governance will be used to securely integrate updates into 0x protocol according to the process
shown in Figure 4. Initially, a simple multi-signature contract will be used for decentralized governance
until a more sophisticated DAO is developed. 0x protocol and its native token will not impose unecessary
costs on users, seek rent or extract value from Relayers. The protocol’s smart contracts will be publicly
accessible and completely free to use. No mechanisms will be put in place to benefit one group at the
expense of another.

So the biggest usage that will cause price growth is it being used for payment for information. For example the payment for a decentralized exchange to update the app you use with information about new buy and sell orders as well as expired/canceled/fulfilled ones.