wonder if it'll stay up (they rarely seem to)
bitfinex wall
that didnt take long to get pulled
almost $2 with 0 bids
That went fast, false hope = we're going down lower
Just another stunt to push us into the 230's so they can short even more.
These fake walls are pointless, they get pulled the second someone dumps one sat into them.
Fed decision in 31 minutes...
EDIT: Decision now, no change in interest rates. Yellen speaks in 30 minutes. She will probably promise to hike the rate in september. And then she will not raise it in september, lol.
Damn... we're living the dream people. This should be the bulliest news since the beginning. BTW: News has it that Juncker came up with a better proposal for the Greek gov. No Grexit?
I think both sides initially refuse to agree to try and get the most concessions possible. They will probably eventually reach another agreement that kicks the can down the road for another few months. That's what happened the last time. I'm not sure if Grexit fears are behind the Bitcoin rally anyway.
lol! FED bankers never promise anything. in fact they stay most of the time as indifferent as possible.
Yeah, she's just a moneyprinting slut working for the banks. She will NOT raise the rate this year, and she will just keep her options open like today. Her boss, the private banks, want to continue printing money out of thin air at zero interest, lol.
CBC says the risk of a Grexit might put the Fed off raising the interest rates at all this year. Maybe if the Greece thing works out OK they might consider it, otherwise forget it.
http://www.cbc.ca/news/business/fed-keeps-interest-rate-steady-but-hints-at-hike-to-come-1.3117342Some economists also note that if a Greek default and an exit from the euro currency alliance were to ignite turmoil in global markets, or if investors dumped bonds and sent long-term rates soaring, the Fed might decide to put off a rate increase until next year.Price difference between Kraken en the Chinese exchanges is now over $10. This means arbitration is exhausted for the moment?
It's at $251 on the Kraken at the moment and 253 on OKcoin. That's not a very big difference considering the Kraken is low volume and a small amount of coins can move its market by a considerable amount. Where did you get your figures from?
Price difference between Kraken en the Chinese exchanges is now over $10. This means arbitration is exhausted for the moment?
It's at $251 on the Kraken at the moment and 253 on OKcoin. That's not a very big difference considering the Kraken is low volume and a small amount of coins can move its market by a considerable amount. Where did you get your figures from?
BTW, your post is timestamped 21:27 CET, Kraken was at €220.29 ($249.80) and OKcoin at ¥1,598.50 ($257.52), according to bitcoinwisdom.com, a difference of $7.72 -- which makes me wonder, where did you get your figures from?
I was looking at different currency markets to you. I only checked the USD markets without doing the conversions into different currencies. I got my figure directly from the Kraken. There is a spread between $249 and $251 on the Kraken and someone had probably bought when I got my figure.
This is what the Kraken's USD market looks like to me.
Rates across exchanges just now (:14 past the hour)
Kraken and OKcoin have a $11 difference.
Which site shows that table of prices on different exchanges please? That looks like extremely useful information.
It's kind of fun watching
the manipulator play with all of the traders like this. Talking about the bidwall as if it was real, and now that sell wall as if
it's real.
If it wasn't for the fact that Bitfinex does leverage its order book chart would look identical to Bitstamp's. How much would it cost to put up a giant 20k wall like the buy wall that just got pulled?
It appears you may be a paid shill using a proxy service and accidentally gave that away...
I don't know whether the amount they paid is correct, but Bitfinex did announce they reached a settlement with the US CFTC. It's top of the Bitfinex announcements page. I quoted the whole announcement below, although I couldn't find an amount paid in it.
https://www.bitfinex.com/posts/108Announcements > Bitfinex and CFTC reach settlement
June 02, 2016
Today, the United States Commodity Futures Trading Commission (CFTC) issued an order instituting proceedings against BFXNA Inc. (BFXNA), an entity that conducts business with U.S. customers through the website
www.bitfinex.com. In the order, the CFTC accepted BFXNA’s offer of settlement to resolve certain alleged violations of the U.S. Commodity Exchange Act (the Act). A copy of the order is here. In the order and settlement, the CFTC found that BFXNA violated sections 4(a) and 4d(a) of the Act. BFXNA neither admits nor denies the CFTC findings in the order and settlement.
Bitfinex proactively contacted the CFTC in September 2015—before the CFTC announced enforcement action involving bitcoin trading platforms—to provide information about Bitfinex related to a potential investigation. According to the order, "Bitfinex’s cooperation with the Commission’s investigation was significant … Bitfinex consistently responded to requests for information fully and quickly, both in writing and via oral presentations."
In response to these constructive discussions with the CFTC’s Division of Enforcement, BFXNA has made significant changes to the way in which U.S. customers engage in financed trading on Bitfinex. Bitfinex remains committed to continually improving its customers’ experience while complying with applicable laws and regulatory requirements.
In closing, we are pleased to announce this settlement with the CFTC. The CFTC has engaged in a productive, open, and timely dialogue with us, and, as a result, we believe we have a better understanding of the regulatory framework governing financed trading on our platform. The Division of Enforcement has demonstrated that, while they will work diligently to enforce existing rules even as they apply them to new markets, they also are sensitive to innovation and development in sectors that the CFTC regulates.
We look forward to providing best-in-class service to U.S. customers. We will continually work to make our customers’ experience safer and better.
<edit>
Themerkle confirms the amount of 75k is correct.
http://themerkle.com/cftc-hits-digital-currency-exchange-bitfinex-with-75k-fine/
