bitfinex back on track leading the market. - page 3.

1Referee

legendary

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Quote from: tunctioncloud on September 11, 2016, 03:30:59 AM

Maybe what made people gain a sort of trust in them was their "good" handling of the hack and the communication regarding it.

Good handling? Taking people's money while these people should at all times have their balances untouched in any extreme case. It's like, they take $1000 from you at the beginning, and slowly pay you back your $1000 in very slow steps. Or at least, that's what they want to make you believe. Well set up plan from the Bitfinex owners....

European Central Bank

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Quote from: zimmah on September 08, 2016, 05:42:49 PM

Maybe the reason bitfinex is so popular is because it allows users to 'borrow' bitcoins so that other traders can use these to trade on margin and make a profit from borrowing their bitcoin.

kraken do margin too. maybe they do less of it, and customers themselves can't lend on there as far as I know. I guess it's the liquidity people liked about bfx but the same can be replicated elsewhere if they had the gumption to go to a place that didn't screw them.

tunctioncloud

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Maybe what made people gain a sort of trust in them was their "good" handling of the hack and the communication regarding it.

andyste

full member

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the leading company exchanger bitcoin
is still huobi and okcoin, you can see in coinmarketcap
volume transaction biggers still huobi and okcoin

but i wan to ask trading in bitfinex is now savety or not this capital money

Yakamoto

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I'm glad to see that the market is willing to accept Bitfinex back into its arms and they're trading on it again; now the debt that they've been giving out will eventually be repaid and we won't be seeing any economic issues (imo) from the hack. I won't be surprised if we see Bitfinex take a considerably more dominant position after everyone gets comfortable again with them again, but I don't know if they will every to be able to fully recover.

I Am Hero

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with bitfinex back and more healthy than ever. things are looking good for bitcoin because it is back on track or in other words it is back where it was before this stupid hack happened.

jakelyson

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Quote from: randy8777 on September 08, 2016, 08:00:56 AM

it's weird, but somehow bitfinex is gaining back trust in the market as once again it started initiating a pump where china followed with a massive green candle. take a look at the charts and you will know what i am talking about.

Even before the hack, when there was problem with their websites, I withdrawn my bitcoin from them already. It was almost I know something bad might happen. Then the hack happen. SO i too do not understand how some people still trust these online exchanges. Maybe they are taking their chances. IT is their money, so they can put it wherever they want.

pooya87

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Quote from: randy8777 on September 08, 2016, 08:00:56 AM

it's weird, but somehow bitfinex is gaining back trust in the market as once again it started initiating a pump where china followed with a massive green candle. take a look at the charts and you will know what i am talking about.

i can't really understand how but somehow they managed to gain the trust of their users once again. and surprisingly enough they gained this trust back so fast after they cam back online which is really strange. anyways i am glad to see them back and not just disappear like so many other exchanges that were hacked.

MatTheCat

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Quote from: European Central Bank on September 08, 2016, 10:15:53 AM

Morons gonna moron. People love their ui. What i don't get is why kraken don't take some pointers from it and implement them.

Kraken are way more cunning than Bitfinex.

They steal from their customers also, but instead of grat big headline grabbing smash n grab, Kraken opt for the slow drip drip effect. A never ending cash cow that they can milk, so long as they don't get too greedy.

Wouldn't be surprised if someone at Bitfinex ends up doing jail time for the heist. My money would be on greasy wop B movie con-man bad guy, Giancarlo Devasini:

Shinpako09

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So this mean they still trust bitfinex after all the things happened and leading the market, again?. I doubt they will lead that easy. Everything takes time before they regained what they have before.

iv4n

legendary

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I also don't know nothing about any refund, only thing I heard about is that users there will get some tokens. Maybe now they trade with this tokens, cause they cant withdraw their money. In that case they would be tied up for this exchanger, if they quit its gonna be like they quitted from their money there.
I don't know can they lead market or not, this increase is nice and that is what is most important. Hello 700 dollars we are coming back to you.

Decoded

legendary

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give me your cryptos

It wasnt really their fault they got hacked. They got BitGo to do all the withdrawal monitoring. But they honestly shouldn't have chosen multisig over cold storage.

randy8777

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Quote from: Snorek on September 08, 2016, 05:48:37 PM

Bitfinex regained trust? Of who? Because exchange compromised in such manner won't gain my trust ever again.
And I didn't hear of any refunds to theirs users (apart from that shady proposal - "we will give you bitfinex's tokens).

Have they actually refunded money to anyone? It should be first requirement for them to continue existence as an exchange.

traders that were already active there and chinese traders operating from okcoin and huobi. regarding the refunding part, not really. bitfinex has bought 1% of the debt tokens they issued to all victims. they see it as something they did back for the people, but it doesn't even make a positive dent in the overal damage.

arwin100

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Jack of all trades 💯

Bitfinex? Trust? No way dude i will keep my foot away from that site, i cannot trust bitfinex at this moment since i don't want to cry on if the hack will hit again for their site, maybe they will get a hard time to get back the trust of their user's since people cannot forget easily the hacking issue hapoened there and thats a big - for their side since users needs safety and bitfinex doesn't have that back those days.

Snorek

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Bitfinex regained trust? Of who? Because exchange compromised in such manner won't gain my trust ever again.
And I didn't hear of any refunds to theirs users (apart from that shady proposal - "we will give you bitfinex's tokens).

Have they actually refunded money to anyone? It should be first requirement for them to continue existence as an exchange.

zimmah

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Quote from: European Central Bank on September 08, 2016, 10:15:53 AM

Morons gonna moron. People love their ui. What i don't get is why kraken don't take some pointers from it and implement them.

there's nothing wrong with kraken IMHO.

Maybe the reason bitfinex is so popular is because it allows users to 'borrow' bitcoins so that other traders can use these to trade on margin and make a profit from borrowing their bitcoin.

It was bitfinex who did that right?

I wouldn't mind if kraken did the same, because that would allow me to make a bit of profit on the side by lending some of my bitcoin to margin traders.

richardsNY

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Quote from: socks435 on September 08, 2016, 01:38:15 PM

Thats a good news that bitfinex are still building trust again and i think they are trying to get back their loses from issue before..
But many people losing trust again in their site if they are build a newly design and newly security about their site maybe other people can trust them again..

Building trust should be based on good behaviour of in this case the exchange. It's mind boggling how easy traders seem to forgive an exchange that messed up big time. If I was a trader there, then I wouldn't want my coins to stay there for a second longer. I would cash out every bit of coin and fiat I have there, and make use of another (trustworthy) exchange.

mindrust

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Nobody will trust them ever again. Are they buying trust or making fake trusts, i don't know. But people should be very stupid if that's real. On the other hand, you can say that, "can they hacked twice in a row?" i mean, they should have secured their shit more, right? I wouldn't take that risk. I would trade on exchanges that never hacked till now.

OgNasty

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Leading Crypto Sports Betting & Casino Platform

The shepherd leading his flock to the shear...

socks435

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I'm looking for free spin.

Thats a good news that bitfinex are still building trust again and i think they are trying to get back their loses from issue before..
But many people losing trust again in their site if they are build a newly design and newly security about their site maybe other people can trust them again..

Topic: bitfinex back on track leading the market. - page 3. (Read 3505 times)