I have surfed a new news about bitfinex. It says exchanges are limited to accounts as the number of withdrawals by Fiat has grown dramatically.
https://news.livecoinwatch.com/bitfinex-suspends-fiat-deposits-premium-skyrockets/
What can be speculated for effects at the end of the year? What do the guys think about this or confirm this news is real.
https://news.livecoinwatch.com/bitfinex-suspends-fiat-deposits-premium-skyrockets/
What can be speculated for effects at the end of the year? What do the guys think about this or confirm this news is real.
I won't speculate or not if it's true because I don't have access to the information to do so but if it is true it's not surprising, we've seen the market has been constantly in a downturn for the majority of the year so withdrawals to fiat are likely to be high. Just like when there's a bubble sign-ups etc are limited the same thing is maybe happening now but in reverse.