Bitfinex has the habit to liquidate shorts when they > longs by printing new batches of Tethers out of thin air. Don't margin short Bitcoin until Bitfinex stops any fraudulent activity or YOU WILL LOSE MONEY.
Don't margin short Bitcoin on Bitfinex
Henry Lopez
Kevin Stewart
This. Thanks OP.
Daniel Fisher
Stop with that muh tether printing shit. It just make you look like a nutjob.
Use common sense, if you can make money by destroying shorts by lending money then you do it.
Hudson Thomas
Even a fucking big whale got rekt so hard.
Kevin Moore
This is the most retarted thing I heard today.
Julian Baker
Maybe because in your world (your family?) you think other people are retarded when you don't understand what they are saying.
Isaiah James
Brayden Lewis
You're kidding right? Bitfinex has been cut off from banking for a reason. They've committed fraud numerous times and stolen from their customers, including myself.
If you want some solid advice, stay the fuck away from bitfinex.
Logan Thompson
>This is the most retarted thing I heard today.
This is the most retarted thing I heard today.
Nathan Russell
I know that tethers are fraudulent and bitfinex is illegal and a ponzi scheme and shit, ok. But how does it make a difference if you short on Bitfinex or if you short on, let's say, Bitmex?
Juan Howard
mtgox 2.0
Liam Miller
Also, someone found a potential glitch in the chart. Happened during the pump.
>twitter.com
Kevin Walker
I agree I does not make a different since finex has the highest volume
I got rekt by bitfinex while shorting BTC from 5750 on bitMEX 10 days ago or so.
They print tether then pump the BTC price to fuck people over on their site but it also fucks people shorting on other sites since bitfinex leads the way
Evan Davis
They have been doing this since they got cut off from the banks in March. They have their own federal reserve.
Cameron Clark
Yeah, also other exchanges started to go ahead of bitfinex and pump whenever new batch of tethers is printed, because they know more tethers=incoming pump.
Julian James
Can't tell if you guys are trolling.
Mason Perez
Correct. If you want to know when it will pump, just look for new batches of Tethers.
Brody Sanders
Happened to me too much times since march. And ALWAYS exactly to the liquidation price of my position and exploded in the other direction directly after liquidation.
Stopped margin trading on finex and it's go well again.
Gabriel Stewart
>shorting btc
kek, no wonder you are all poorfags
Christian Thompson
How do you know when there is a new Tether batch?
Chase Cook
Jaxson Torres
when tether market cap increases a lot instantly. you can clearly see it on coinmarketcap
Colton Baker
John Foster
They are raping me now atm in ETC... I longed then decided to short ...Now i'm praying the price.
Grayson Peterson
Just don't margin. That's how they rape your money. Like in a casino.
Carson Morales
What do you mean tether out of thin air?
Thought its backed 1:1 by USD
Easton Brooks
maybe it's you that sucks?
Owen Brown
Tether is not redeemable for USD.
tether.to
Angel Edwards
its not, they can't actually prove they have the money
Matthew Gomez
>liquidate shorts
newfag here, what is shorting?
Carter Torres
Every time Ive used margin i lost a lot of money. EVERY SINGLE TIME. Dont do it