How much stupidity can a man take?
MatTheCat has been all over the place accusing Bitfinex of painting the tape, rigging the market, scamming customers, you name it.....
Mat, I believe the time to put your wallet where your mouth is has come.
I challenge you in a 10:1 bet.
If you can point out any transaction where there are no real parties involved ( that is Bitfinex is one or both of those 2 ) you will get 100 Bitcoins as a reward from me.
But if you are proven wrong in your assumption you will have to pay 10 BTC ( 5 BTC each) to the happy real parties of the above mentioned transaction ( that is I will not earn anything but will prove you are a retarded troll full of shit).
I'm ready to put the 100 BTC into an escrow service that will regulate the bet and decide who the winner is any time.
Are you ready to do the same and put your 10 BTC (I suppose you own them, but I might be wrong in my assumption as retards like you tend to lose all their coins in losing bets) ?
Let me guess.... another avalanche of insults, false allegations and blah blah blah will follow.....
But at the end of the day: money talks bullshit walks.
Time has come to prove you are a man and not just a kid that blames his losing trades on bad luck or dishonest people.
Have a good day
Giancarlo
Bitfinex Team
Ah, the head rat himself.
Instead of talking about these phantom flash trades that appear out of knowhere and buff your exchanges volume without altering Ask/Bid walls, let us talk about last night.
Here is the Bitfinex trades as reported on Bitcoinwisdom:
02:00:58 602.29 0.1
02:00:56 600.3 1.00626
02:00:55 608.13 319.16802:00:24 600 255.37402:00:17 599.91 0.01
Now to start us off, perhaps you can explain where all the Asks orders were between $600 and $608. I would like to know as I had a stop loss sitting just above a large ask wall at $599.91 which was about 250 strong. There were plenty other single and double digit Ask orders above me, including a 100 BTC at $605. So why is it that the very next trade on Bitfinex was for 319 Bitcoins @ 608.13? Where did all the Ask orders go. Perhaps their is a bug with Bitcoinwisdom reporting data from Bitfinex. If that were the case, why was my stop loss order which I had placed at $600.11, not triggered until $608.13? My trade was only for 6 BTC, hardly orderbook devouring. Why one minute was there several hundred BTC worth of orders between 600 and 608 USD on Bitfinex, and then the next minute one large order for 319.168 BTC executed at $608?
WHERE DID ALL THE FUCKING OTHER ASK ORDERS GO GIANCARLO U FUCKING THIEVING FRENCH PRICK? DID YOUR BOT CALCULATE HOW MANY STOP ORDERS WERE IN LINE FOR TRIGGERING, THEN DO A SPOT OF FRONT RUNNING WALL BUYING ONLY TO SELL THE COINS BACK TO THE STOP LOSSES AT THE HIGHEST POSSIBLE PRICE BEFORE THE REAL ASK WALL ORDERS RECOMMENCED?Go on, explain what happened in that predictable 'Fuck You' short squeeze fake out rally which resulted in a $615 high on Bitfinex, thanks to another large 250 BTC trade that took price from 608 straight to 615, before the price was smacked right back down to 607 again. That whole rally on Bitfinex was based on squeezing short traders stop loss orders. No doubt the same thing applied on Huobi. This is why your exchange is full of erratic price dips and spikes. You lads just can't stop yourselves from front running and farming stop loss orders even when it makes your exchange appear visibly dodgy as fuck to any onlooker with an iota of common sense.
The only 'bet' I would get involved in with you would be a man 2 man square go where I would get the opportunity to punch your fucking cunt in.
Your exchange will be involved in the next of the already too numerous grand Bitcoin daylight heists. Of that I am certain.