Better get used to it, noone ever gets caught. Even when taking millions from an eschange, and even when everyone can closely watch the coins move. I too am puzzled about this phenomenon.
Heck, with MtGox, noone even knows if those vanished coins even existed to begin with.
Ente
Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 51. (Read 723903 times)
November 13, 2016, 06:23:50 PM
November 13, 2016, 04:27:25 PM
Any news on the hack? Seems absurd considering the money that nobody was found.
November 13, 2016, 01:37:39 PM
Hello, guys.
Anyone having problems with bank transfer withdrawal last week?
Anyone having problems with bank transfer withdrawal last week?
November 08, 2016, 05:26:15 AM
Kudos for implementing a feature that i have long wished for, the ability to change existing orders. I always found it unnecessarily clumsy to have to cancel an order entirely and then re-enter it only because i want to change the price or amount. I don't know if there are other BTC exchanges that have this feature (i only use Bitfinex, Kraken and Poloniex these days), but it's the first time i see it on a web based platform.
edit: And in addition to the edit button in the orders list, the orders are also displayed in the chart and you can simply drag them up or down.
edit2: Also this:
edit: And in addition to the edit button in the orders list, the orders are also displayed in the chart and you can simply drag them up or down.
edit2: Also this:
Quote
Place funding bids and offers at an offset above or below the Flash Return Rate (demo). These rates have a dynamic rate in the funding book, but are matched at a static rate (more developments coming soon).
Finally it's no longer necessary to check every day and adjust an offer so it's just below FRR.
October 31, 2016, 05:12:40 AM
it's an illegal business as long they are not financial licensed anywhere.
Sure, business can be legal only when allowed by people owners...
October 30, 2016, 04:54:16 PM
So your indication of a "shitty scam platform" is good trading volume?
it's a fake volume and yes, it's an illegal business as long they are not financial licensed anywhere.
October 28, 2016, 11:05:08 AM
So your indication of a "shitty scam platform" is good trading volume?
Two days before the Bitfinex hack the trading volumes also spiked dramatically. One of the possible explanations tells us that people "in the know" (scammers or hackers themselves) had been selling heaps of bitcoins and allegedly withdrawing fiat. It would also make sense to heavily short bitcoins at other exchanges that allowed trading on margin, and obviously some did exactly that. So the hackers (and those who followed their lead) made a lot of money beside the amount they had stolen...
In this way, huge trading volume may be an indicator of sorts
October 28, 2016, 10:54:59 AM
So your indication of a "shitty scam platform" is good trading volume?
October 28, 2016, 10:28:25 AM
becarefull of this shitty scam platform
today this platform have so many volume, and many pumping bitcoin a moment ago,
almost same what happen back in augst
today this platform have so many volume, and many pumping bitcoin a moment ago,
almost same what happen back in augst
October 13, 2016, 10:15:37 AM
It is not very hard to find out your ETC address from that picture, just FYI. Only partially covered + probably quite unique amount.
Thanks for the tip, but it's not worth it (that's just Poloniex-address). I just took all my remaining cryptos out of Finex. This delay might be because of Ethereum/C is under spam attack or whatever...shitcoins
October 13, 2016, 08:50:28 AM
It is not very hard to find out your ETC address from that picture, just FYI. Only partially covered + probably quite unique amount.
October 13, 2016, 04:19:24 AM
Very small ETC withdrawal is taking some time 
October 11, 2016, 08:16:48 AM
I wouldn't agree with that, looking at my spreadsheets - but yes, there's certain risk involved.
October 11, 2016, 05:14:25 AM
Don't use an exchange as a wallet, simple as that.
Nor to lend money there...
October 11, 2016, 04:26:18 AM
Don't use an exchange as a wallet, simple as that.
October 10, 2016, 12:45:33 PM
Bitfinex, please see my forum thread here:
https://bitcointalksearch.org/topic/bitfinex-has-frozen-my-unverified-cryptotrading-account-containing-xxxxx-usd-1642243
I think it's unacceptable that you all of a sudden request this list even tho this was never an issue during the previous 3 years.
https://bitcointalksearch.org/topic/bitfinex-has-frozen-my-unverified-cryptotrading-account-containing-xxxxx-usd-1642243
I think it's unacceptable that you all of a sudden request this list even tho this was never an issue during the previous 3 years.
September 23, 2016, 06:51:58 AM
I agree on your observation and questions. And I'm puzzled too, why noone demands answers to this correlation. It should be trivial for Bitfinex to check which accounts caused the volume and drop in exchange rate. Might very well be the best "follow the money" clue here. Maybe they are on to it already in the background, who knows.
Also, I am puzzled why bitgo were let off the hook that easily. Even if it were bitfinex' servers that were compromised, bitgo didn't find it suspicious to have 120k BTC withdrawals within hours?
Let's see if we ever get answers here, and if it will be earlier than with the mtgox implosion..
Ente
Also, I am puzzled why bitgo were let off the hook that easily. Even if it were bitfinex' servers that were compromised, bitgo didn't find it suspicious to have 120k BTC withdrawals within hours?
Let's see if we ever get answers here, and if it will be earlier than with the mtgox implosion..
Ente
September 23, 2016, 05:22:52 AM
As an aside, has anyone seen a chart showing Bitcoin trading volume dynamics at Bitfinex after the hack?
Here you go:
https://cryptowat.ch/bitfinex/bfxusd
Thanks, though I asked for a BTC-USD trading volume chart. But never mind, I have found it myself. So here we go:
This is a BTC-USD trading volume bar chart. Each bar shows daily trading volume at Bitfinex. Note a significant increase in the trading volume for 3 days in a row just prior to the hack (over x2 the previous days). The Bitcoin price plummeted on the 30th of July and had been continually falling since then till after the hack. These two events are pretty well statistically correlated, but this alone doesn't tell us what was the cause of this drop and where it had all started. That is, whether the price drop was due to someone knowingly selling their bitcoins at Bitfinex and withdrawing fiat (as well as shorting Bitcoin at other exchanges) before the hack happened or it was an effect of an overall bearish sentiment across the markets and a mere coincidence. Also note the decrease in the trading volume after the hack and because of the hack...
We should keep a keen eye on the dynamics of the volume traded if we want to see how fast Bitfinex is going nowhere
September 23, 2016, 04:00:52 AM
As an aside, has anyone seen a chart showing Bitcoin trading volume dynamics at Bitfinex after the hack?
Here you go:
https://cryptowat.ch/bitfinex/bfxusd
Ente
September 22, 2016, 07:41:04 PM
Except, they will reimburse for 1$ per token only, and bitfinex employees are not allowed to trade BFX.
That's what they say at least, make of that what you want.
I have enough trust in them that I keep my BFX, and bought some more for a nice profit already.
Ente
That's what they say at least, make of that what you want.
I have enough trust in them that I keep my BFX, and bought some more for a nice profit already.
Ente
even if the said they won't trade that token nothing proves they did not do it. I can never trust them again after they "got hacked" scenario happened and the loss they cut from all their users although the security was their responsibility
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