Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 52. (Read 723903 times)
September 22, 2016, 07:51:52 AM
seems that bitfinexlawsuit.com was just a scam, their site is down.
September 22, 2016, 04:50:51 AM
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
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
They have already stolen your money (or let it get stolen), and you still have trust in them? What is it, a manifestation of Stockholm Syndrome? Or you simply hope that someone will buy these tokens and end up holding the bag (instead of you)? Did your recent profits made of them cover your losses due to the hack and to what extent?
As an aside, has anyone seen a chart showing Bitcoin trading volume dynamics at Bitfinex after the hack?
September 21, 2016, 04:57:54 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
September 16, 2016, 04:00:39 AM
... and pump down ...
Fast slide from 0.6 to 0.4, recovering to 0.52 now
Fast slide from 0.6 to 0.4, recovering to 0.52 now
Someone has evidently been liquidating their BFX tokens at half their face value and leaving Bitfinex for good after having read my previous post, lol. The scheme that the exchange is trying to make use of is pretty simple and self-explanatory, and shouldn't deceive anyone into buying these fake liabilities anyway (lest you should lose your money once again in the end)...
So, whether it is going to help them in any considerable degree remains a big if
September 16, 2016, 01:43:57 AM
... and pump down ...
Fast slide from 0.6 to 0.4, recovering to 0.52 now
Fast slide from 0.6 to 0.4, recovering to 0.52 now
September 15, 2016, 02:04:07 PM
I don't know why Bitfinex would be pumping them? They could effectively buy them off the market at a percentage of what they really owe. If 1 token says they owe $1, and they buy it back for $0.30, they effectively save themselves $0.70, hence to reason to pump it.
I see what you mean, but it seems that you don't take into account a few things. Bitfinex is vitally interested in the initial pump of the BFX tokens (the higher the better) since people will obviously start to trade them making it possible to compensate for their losses through the price increase using the money of the buyers of these tokens (and not Bitfinex own funds). The exchange is not going to buy back these tokens unless their price is next to nothing, but this won't happen until the first holders (whose money was stolen) sell the majority of them at a higher price (thereby covering their losses due to hack) and then Bitfinex can safely crash the price. They can't do it right away since the first holders simply won't sell these tokens at a lower price, while Bitfinex evidently doesn't have enough funds to buy them back even for $0.30...
Otherwise the whole shebang simply doesn't make sense (since they could just make up for the losses directly)
September 15, 2016, 01:41:07 PM
I don't know why Bitfinex would be pumping them? They could effectively buy them off the market at a percentage of what they really owe. If 1 token says they owe $1, and they buy it back for $0.30, they effectively save themselves $0.70, hence to reason to pump it.
September 14, 2016, 04:33:18 PM
I guess it just means that you transfer the claim to someone else, dollar by dollar.
September 14, 2016, 11:15:08 AM
Have you sold your BFX ? I heard that if you touch them you can not have any legal claims, right ?
Here's what the Requirements for BFX Token Transfers say (among other things):
Quote
By transferring a token to another person, all transferors thereby assign to the respective transferees any claims that the transferor has against the Bitfinex Group on account of the Losses
I guess it means that the claims against Bitfinex are transferred to the new BFX token holders when you sell ("touch") these tokens. But whatever it might actually mean, I have a feeling that they are trying to pump them like there's no tomorrow...
No tomorrow for Bitfinex
September 14, 2016, 08:12:34 AM
Have you sold your BFX ? I heard that if you touch them you can not have any legal claims, right ?
September 05, 2016, 02:48:48 PM
I am just wondering, will this shitty token bfx reach 1 dollar and I will be able to get my lost money from bitfinex ? now it reaches $0.5 only !
"only"?
I find that quite outstanding! Nominally, we went from 36% haircut to 18%!
Of course the market isn't very liquid, and it wouldn't work for everyone selling at once neither.
I, for one, will ride this one out.
Ente
September 05, 2016, 01:10:04 PM
September 05, 2016, 12:59:24 PM
I am just wondering, will this shitty token bfx reach 1 dollar and I will be able to get my lost money from bitfinex ? now it reaches $0.5 only !
September 05, 2016, 12:18:04 PM
They exchanged 1.1% of BFX back. Just wow !
With such a low repayment rate, it will take them many years to get back to square one. I guess they are clutching at a straw to keep their clients from going away for good. But there is no way back...
What are their trading volumes now?
Well that depends. Where did the 1.1% come from? If that was paid back based on trading volume, I wouldn't hesitate to buy BFX shares. They will pay it back relatively quickly at that rate and there would be a nice little profit for share holders.
We have been there before. Bter tried basically the same, they even had been paying interest on bitcoins held in accounts for some time (ironically, about the same 1% monthly). Did it help them and where are they now?
At the moment we should follow the dynamics of trading volume if we want to get a clue about what's going on at Bitfinex
September 05, 2016, 11:16:50 AM
They exchanged 1.1% of BFX back. Just wow !
With such a low repayment rate, it will take them many years to get back to square one. I guess they are clutching at a straw to keep their clients from going away for good. But there is no way back...
What are their trading volumes now?
Well that depends. Where did the 1.1% come from? If that was paid back based on trading volume, I wouldn't hesitate to buy BFX shares. They will pay it back relatively quickly at that rate and there would be a nice little profit for share holders.
September 05, 2016, 06:02:20 AM
They exchanged 1.1% of BFX back. Just wow !
With such a low repayment rate, it will take them many years to get back to square one. I guess they are clutching at a straw to keep their clients from going away for good. But there is no way back...
What are their trading volumes now?
September 04, 2016, 04:37:10 PM
They exchanged 1.1% of BFX back. Just wow !
August 31, 2016, 12:55:20 PM
For trading, no.
For depositing or withdrawing fiat, yes.
For depositing or withdrawing crypto, no.
Ente
thanks alot brother For depositing or withdrawing fiat, yes.
For depositing or withdrawing crypto, no.
Ente
August 31, 2016, 06:01:36 AM
For trading, no.
For depositing or withdrawing fiat, yes.
For depositing or withdrawing crypto, no.
Ente
For depositing or withdrawing fiat, yes.
For depositing or withdrawing crypto, no.
Ente
August 30, 2016, 06:20:07 AM
do i have to pass verification process for trading?
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