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8785953 No.8785953 [Reply] [Original]

One of the largest and most controversial cryptocurrency exchanges Bitfinex received a big hit in Poland today - PLN 1.3 billion at the Cooperative Bank in Skierniewice was seized by the prosecutor's office . The money is to be linked through the Bitfineks network of companies and the Colombian drug trade.

Online investigations linking companies with accounts at the Cooperative Bank in Skierniewice with Bitfineks appeared already last year . Bitfinex is controversial - this stock market has long been suspected of speculating cryptocurrency prices and pumping bubbles. US regulators are also researching the Tether currency created by Bitfinex, which is related to the value of the one-to-one dollar and is used to buy other crypts.

On April 6, 2018, Zbigniew Ziobro was successful in taking $ 270 million. associated with fraud, people whose names appeared in Panama Papers and companies that are pillars of the "large foreign cryptocurrency market". The accounts were to be located in a small Polish bank.

Our unofficial information shows that it is about Bitfinex. The Polish prosecutor's office has not raised any charges yet, and due to the international dimension of the case, the Central Investigation Office cooperates with Europol and Interpol.
only tears now

>> No.8785967

>>8785953
>Oh no my shorts aren't working out
>Better promote some low quality fake news on polish fake site, that will save me.
Get rekt

>> No.8785968
File: 150 KB, 253x295, gwwj.png [View same] [iqdb] [saucenao] [google]
8785968

>>8785953
*prints more tethers

>> No.8785983

>>8785967
>I don't want to convert to fiat and pay taxes
>Therefore Tether is legit
Nice mental gymnastics

>> No.8785997

>>8785967
UAHHGHH MY FACE I GOT REKT

>> No.8786013

>>8785953
Fake news

>> No.8786015

>>8785967
How about this tether garbage blows up and doesn't have any involvement in the next bullrun? That would be great.

>> No.8786051

>>8785953
Same nation where the Central Bank was cought paying for anti-bitcoin propaganda.

>> No.8786077

>>8786051
So they have every incentive to go after bitfinex's supply under bullshit pretenses.

>> No.8786090

Source

>> No.8786102

>>8786013
except it isn't.

>> No.8786105

I guess I'll have to convert my USDT to crypto and convert it back to fiat on Yobit. Yes, Yobit has fiat.

>> No.8786117

>using Tether in the first place
There are people on biz right now that don't know you can "Tether up/Cash out" without touching Tether or USD to avoid taxes on each trades.
There are people on biz right now that only know how to make money in a bull market.

In situations like this your can make more money when BTC crashing than you can chasing moon missions if you know what you're doing, just by trading BTC, no need to touch altcoins.
Why are you missing out on these gains? BitMEX (the "mex" stands for Mercatile Exchange) is the only crypto exchange in the world that offers 100X leverage (but it's not because you can that you must, go small and work your way up).
Let me explain what this means. So lets say you were to have shorted (placed a sell order) for BTC at $10 000. Let's also say you only have .1 BTC to trade with, or $1 000 worth. With .1 BTC at x10 leverage you can sell 1 BTC. Then for every dollar BTC goes down, your position is worth $1 more. Say BTC goes to $8 000, if you close your position you then get the difference which is $2 000 in profit paid to you in BTC, that's a 200% profit
I would suggest you learn TA before you start trading. You can train using their testnet (free).
You want a moon mission? BitMEX is your moon mission.
Euros and others can sign up but US users are banned (just sign up with a proxy and then you can login from a US IP with no questions asked). If you're going to sign up use my reference code, using a reference code gives you a %10 discount in fees. May not sound like much but it's saved me hundred of dollars in the past weeks: https://www.bitmex.com/register/toYHiE

>> No.8786116

>>8786105
>Trusting Yobit with fiat
Have fun with that

>> No.8786119

>>8786105
Use ripple since it's the fastest.

>> No.8786120

>>8786102
yes it is

>> No.8786121

Newfag here, why is tether bad?

>> No.8786137
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8786137

>>8786117

0. x100 leverage is pure gamble I can not stress this enought, use lower leverage

1. Read the docs and make sure you understand exactly how the contracts work (both futures and swap), profit/loss calculation and how liquidation works. Make sure you understand the difference between mark price and index price.

2. x1 shorts are way to cash out without using the Tether time bomb or Fiat:
Say you have 1 BTC which is worth 10 000$ at a given time in bear market and you think it's doing to dip further you short sell 10 000$ worth of contracts which will cost 1 BTC
A few months latter BTC @ 5 000$ and is bullish again, you decide to go long again so you buy back/close your short position you still have 10 000$ worth of contracts so you have now 2 BTC.
You can even get paid funding rates for holding your position + makers fee for going short
https://www.bitmex.com/app/perpetualContractsGuide#funding
If you're "cashing out" long term and you don't want to pay funding fees use futures contracts (XBTH18, XBTM18) not the swap contract (XBTUSD)

3. The interface may seem a bit complex to some, don't let that discourage you, it has very advanced order types and you can practive with testnet BTC (get some from a faucet) on bitmex's testnet.
Make some trades on the testnet to confirm your understanding of the contracts and the site in general.

4. I prefer trading on Cross. It's very important to not trade too many contracts, I trade 1 contract at a time. I strongly recommend not to trade so many contracts that your are more than 2x leveraged. Ideally less than 1x, at least in the beginning.

5. Don't forget to set a stop loss, plan your trades and trade your plans.

Trading with above x5 leverage is a lot harder than most people think. By far most traders on there lose money because they use too much leverage, those that trade with x100 leverage lose all their money, so don't use that.

>> No.8786248

For months you retards have claimed that Tether was propping the market through printing, 15k$ down later you're back with something new?

>> No.8786653

>>8786248
>implying this would contradict that

>> No.8786710
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8786710

>>8786117
https://youtu.be/L7G0OfJUON8

>> No.8786755
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8786755

https://twitter.com/NullZeroX/status/982334650512171008

lol
Reminder that the guys who own Bitfinex also own Tether.
Tether legally operates out from the British Virgin Islands, a small overseas territory with only 28,000 people.
Nothing shady about this!

>> No.8786783

>>8786121
It is a recurrent source of FUD. Need the market to crash? Just print a thousand fake news articles saying it's being audited and things look grim. The fact that the guys from Tether themselves don't publish an official audit makes possible to reutilize this FUD when neccessary ad infinitum. Is kind of like saying "China has banned bitcoin. No, this time for real". It works every time.

>> No.8786933

>>8786783
The market isn't crashing.
It just stopped dead with everyone looking at each other thinking what the fuck is happening

>> No.8786953

>>8786933
I was talking about february, when the tethet FUD was the strongest, not now specifically.

>> No.8787110

>>8786117
Um... This is not how taxes work... Closing a short position is considered a taxable event
t. Accountant