makeorbrake wrote: » This week, they ended their relationship with said auditor.
makeorbrake wrote: » It was known about but it was never discussed in terms of it potentially propping up btc until this week (why, I don't know).
Shauny2010 wrote: » You do not know this, it could have been Tether or the Auditor who Ended the relationship for many reasons unknown to us And yes, I am still hodling at the moment, mainly on speculation, but also because I can make gains from this Volatility.
WhiteMemento9 wrote: » Why because main stream media were not talking about it? Plenty of people have discussed this long before this week.
makeorbrake wrote: » I was aware a long, long time ago that there was an issue with Tether. However, what I was not aware of was that it had implications for BTC (should the rumours turn out to be true) - in terms of BTC prices being propped up through the actions of Bitfinex. If you are saying this was discussed widely, then I'm sourcing info in all the wrong places.
makeorbrake wrote: » Do we have any timeline until when we can expect the Americans to report on their investigation?
Shauny2010 wrote: » No I do not, but the The U.S. Commodity Futures Trading Commission sent subpoenas on Dec. 6 to virtual-currency venue Bitfinex and Tether. They are both based abroad, Bitfinex is Taiwan so don't expect any answers anytime soon. Maybe next year or the year after?
WhiteMemento9 wrote: » Exactly. Bitfinex will wipe their arse with those subpoenas.
makeorbrake wrote: » Was aware that they can ignore the subpoena - but thought the yanks would produce their report in any event - jebus, if it's going to be a year, then they are not acting in the public interest like they claim they are.
WhiteMemento9 wrote: » US Gov doesn't like competition, only they can print unlimited money :P
BorneTobyWilde wrote: » Really has dropped so much. Where is the sell point for people. People were not happy to sell at 20k, they held firm thinking it was headed for 100k, but then if it did hit 100k they'd not sell, as they think it's heading for 500k and then repeat as they think it's going to 1 million. I think a lot of people will die with their bitcoins as they never want out at any price.
Fakent.ie wrote: » say that to the people who sold at 10,100,1000 ?
brendanwalsh wrote: » Christ lads. I'm losing my appetite for raw steaks at this stage. The thing is f*cked. Someone say a prayer for the poor ***** who bought at 19k.
brendanwalsh wrote: » The thing is f*cked. Someone say a prayer for the poor ***** who bought at 19k.
drunkmonkey wrote: » lol are we crying for bankers now, i'd say you could short every bank today that said there going to ban crypto on credit cards. There the ones holding the can in the current mess.
kfrp wrote: » Ever think that the Bitcoin market is just too unpredictable to invest much in, just 100% gambling really? If it was shares in a business you would have access to a lot more info plus possible dividend and also share certificates. I understand a lot of users have made money on it but there was/is also the possibility that the same users would have made money through traditional gambling such as Paddy Power on Red/Black roulette, horses, matches etc. I really think that a lot of people have got caught up in this without knowing much about it and due to the nature/risks of it could lose a lot of money.
