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Cryptocurrency |OT2| Money's New ERA Shoots for the Moon! | Read OP for Thread Rules

TheLostBigBoss

The Fallen
Oct 26, 2017
10,544

Having the CEO of the largest and most influential leverage exchange use the logic and defense of a casino is fine


Having the CEO of the largest and most influential shitcoin and Tether based exchange openly talk about how he bought his own token to prop up the price on the open market is FINE

I'm sure nothing is wrong with this market, it's all good, nothing bad is going to happen in the future and we're not all going to wake up one morning to the most prominent exchanges looking like this

 

Ryu

Avenger
Oct 25, 2017
536
Bitpanda started their IEO of the BEST token today.
Being one of the best, if not the very best current European exchange, I had to put in some €... Let‘s see how far we get. More than 30% sold in 1h+ and the most successful IEO in central Europe already. Bitpanda by far is the exchange I loved most in the last few months. It looks damn good, the fees have to get lower though still.
 
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Jovo

Member
Oct 25, 2017
323
For those who use Binance, can you buy other alt coins with ETH or does it have to be bitcoin?
 

TheLostBigBoss

The Fallen
Oct 26, 2017
10,544
Thanks for the reply, I'm just starting out trading. So you would have to fund all your trading with a BTC balance?
Just depends on what pairs you're trading, but yes BTC (and I'm assuming you're on binance) is usually the most liquid and has the most filled order books. Some coins are only ETH pairs, you just have to look at how they are traded.
 

Jovo

Member
Oct 25, 2017
323
Go to coinmarketcap.com then enter binance into the search. Then use the tab to the left ("Pair:All") and change it to Pair:ETH. Then you see all the ETH pairs on Binance
Thanks for this! That's a big help, I'm just starting out and learning how everything works with crypto around trading.
 

TheLostBigBoss

The Fallen
Oct 26, 2017
10,544
If you're new to trading I would paper trade first, don't use real money. Learn basics, fundamental TA and find some people to learn from

Dont dive head first into a possible broken parabolic upswing and start trading capitulating alt coins.
 

Jovo

Member
Oct 25, 2017
323
Oh regular stock market trading I'm very familiar with, the world of crypto is brand new though.

I'm starting slow, learning how the trading works on the different exchanges, whether you can trade with paper money or only crypto.
 

nashman1313

Member
Nov 6, 2017
212
Holy bloody ALTs!
Alts getting fucking RECT!
Free Alts get your free Alts here!!!

Funniest thing thou one of my Shit coins is up 110 today% I bought Bezant lastyear and it was below 2 cents but gone to 12 in the last 2 days LOL!
 

nashman1313

Member
Nov 6, 2017
212
I think this maybe the Tether bomb may be about to finally go down. Lets wreck tether, take the pain(accumulate) and rise.
 

Donos

Member
Nov 15, 2017
3,039
I think this maybe the Tether bomb may be about to finally go down. Lets wreck tether, take the pain(accumulate) and rise.
Stopped counting the "tether implosion" incidents. Won't hold my breath that this is the real one this time.

The sudden seizure/closing of Bitfinex would probably at least be necessary for that.
 
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Donos

Member
Nov 15, 2017
3,039
That was a meaty dip.
Amazing where BNB still is atm. Thank God that I sold my 800 BNB at $3 back then -_-.
 

TheLostBigBoss

The Fallen
Oct 26, 2017
10,544
This is something I've been watching for a week or so now


Not sure if it will play out 1:1, but the major pattern is in place. Something to watch if we don't get a higher high in the next few days imo

ETHUSD looks like similar shit with a bear flag forming, price target ~230


Although it could be in a sloping flag on the 4H, also is showing bullish divergence.


Stopped counting the "tether implosion" incidents. Won't hold my breath that this is the real one this time.

The sudden seizure/closing of Bitfinex would probably at least be necessary for that.
Well, this is the first time NYAG is suing their asses as they demand documentation for their trading in New York, which we know has happened because of emails uncovered showing they have been "loaning" Tether to people to trade with. Which in-itself could indicate that they print Tether as a loan, allow people to trade with it and then get paid back after the fact.

Which means, again, that Tether is being printed with no money, to buy BTC and then sell into real money to "cover" the Tether print.
 
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Donos

Member
Nov 15, 2017
3,039
I for one, welcome all newcomers who entered at $13.000+/ 12.000€ to this shit show. :)
 

Donos

Member
Nov 15, 2017
3,039
So tether printed 5 billion USDT by accident this weekend huh? That's a "whoopsi". Well, they at least communicated their mistake and burned them right away.
 

ProfessorLobo

Member
Oct 31, 2017
1,182
I sold mine all of mine at 5k right before it took off. The timing sucks but I'm still glad I got out of that crooked market.
 

TheLostBigBoss

The Fallen
Oct 26, 2017
10,544
How low are we going here? I need my TA folks to chime in
BTC parabola is broken, traditional indications points to a massive decline like 2017 when that parabola broke as well. Peter Brandt usually calls for 80% correction from highs for broken parabola targets.


I don't really trade market cap, but market cap parabola is smashed as well


I would treat any bounce as just that, a bounce. If you're trading them try and find logical resistances and sell there, then wait for a reaction for your next move
 

ZmillA

Member
Oct 27, 2017
837
I don't think you could reasonably expect that hearing to be more bullish for the corn than it was
 

Naked Snake

Member
Oct 27, 2017
898

Let it be entered into the Congressional Record that if it's not Bitcoin then it's a shitcoin :D
 
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TheLostBigBoss

The Fallen
Oct 26, 2017
10,544
Nah, I think Bitmex is too big for that. It would totally wreck havoc on the entire crypto industry.

And can they seize a website that's operated out of Malta?
Yea.... and why would that matter to US regulators and US authorities?

You guys forgetting what people woke up to one morning last year?




US has wide ranging jurisdiction and authority in seizing websites that have US customers and members.
 

TheLostBigBoss

The Fallen
Oct 26, 2017
10,544
Never heard of 1Broker before... Bitmex on the other hand
1Broker was one of the more well known exchanges for swaps and other trading both crypto and non-crypto.


It took more than two years for the SEC and the FBI to take action and shut down the exchange of 1Broker. Given that most tokens, which are considered as securities under existing laws in the US, were released in the second half of last year, Chervinsky implied that in the months to come, many exchanges and token issuers are likely to be targeted by US authorities.

“The undercover FBI agent who investigated 1broker bought his first unregistered security-based swap on March 30, 2016. The government didn’t take action until two and a half years later. The majority of ICOs (unregistered securities?) were issued in 2H 2017. Buckle up, folks,” he said.

Several investors in the cryptocurrency space including Aurelius, a widely recognized crypto trader, stated that exchanges like BitMEX could potentially be targeted by the SEC for offering margin trading around Bitcoin and Ethereum.


ICO's are securities, we have exchanges offering leverage on multiple crypto parings... basically any exchange that is knowingly serving US customers who are blatantly not adhering to US regulations can easily get smacked down by the FBI/SEC.
 

Donos

Member
Nov 15, 2017
3,039
Tobiasz Niemiro, co-owner of now-defunct Polishcryptocurrency exchange BitMarket, has been found dead, local public radio station Radio Olsztyn reported on July 25.

The local police stated that Niemiro had been found dead with a wound in his skull near his residence in the city of Olsztyn. The exact circumstances of Niemiro’s death have not yet been established./