Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bones261
on 14/04/2017, 16:46:03 UTC
what the heck has the price so disparate at finex? (i haven't been on the forum or following news for a week or so...)

This is why. See below.  Roll Eyes

This market is flat out fraud.  $30 spread between Finex and Bitstamp.  Since we all know Bitfinex is an insolvent exchange that trades against it's own customers and also steals their money, I'm guessing that spread is also propped up by non-existent money just like Gox.  Why are people willing to put up a $2 million buy wall on Bitfinex but no other exchange to try and prop up price?  Because Bitfinex probably isn't even using real money, just imaginary exchange digits.  

I've been saying BitFinex is the new Gox forever and here it is.  There is no valid price of bitcoin as long as Bitfinex is the market maker.

The current chart looks like shit and is forming a down channel and you got fraudsters on Bitfinex trying to manipulate it up with imaginary money that probably doesn't exist:



Quote from: Kansas link=http://www.azlyrics.com/lyrics/kansas/dustinthewind.html



https://www.youtube.com/watch?v=tH2w6Oxx0kQ