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Topic: BFX Tokens Issued, Bitfinex decides on Generalized Losses - page 2. (Read 1661 times)

legendary
Activity: 1904
Merit: 1074
It's game over for them... you cannot make that many mistakes and then make people share the losses even if they were not hacked. The moment when they open for business, people will be pulling

their coins, and they will bankrupt within the next week after that. I hope some of the other services can learn something from their mistakes... DO NOT use hot wallets to store your customers coins,

and beef up your security, because one breach can take you down...  Roll Eyes
legendary
Activity: 4410
Merit: 4766
24-48 hours until bank run. everyone removing their bitcoin and only leaving the "tokens" in there to play with, in a hope they can eventually convert these "tokens" into real bitcoin too.

cryptorush done the exact same thing. tried to reopen using tokens but everyone was in a mad rush to get their coin out
full member
Activity: 210
Merit: 100
Have a feeling this is going to be bad.
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