RE: RED ALERT - Mt. Gox 2.0 Brewing - Bitfinex May Be Issuing Unbacked Tether To Paper Over Banking Service Loss - What We Think We Know (Part 1) — Steemit

You are viewing a single comment's thread from:

RE: RED ALERT - Mt. Gox 2.0 Brewing - Bitfinex May Be Issuing Unbacked Tether To Paper Over Banking Service Loss - What We Think We Know (Part 1)

lexiconical (72)in #bitcoin • 7 years ago

Hopefully this article on how the order book creates a "fake" price will cover your questions:

https://steemit.com/taxes/@lexiconical/valuing-steem-rewards-as-taxable-income-is-a-vast-overstatement-of-tax-liability-part-2-the-thin-order-book-and-flash-crashes

7 years ago in #bitcoin by lexiconical (72)

$0.00

Sort:

noates (35) 7 years ago

Great article, but very outdated - using a BTC price of $1,500 ??

Oh wait, that was 5 months ago :-/

$0.00

STEEM 0.21

TRX 0.13

JST 0.030

BTC 67003.49

ETH 3502.34

USDT 1.00

SBD 2.87