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Topic: Should I withdraw my coins from Bitfinex? - page 4. (Read 5016 times)

sr. member
Activity: 448
Merit: 256
August 25, 2015, 02:31:31 PM
#18
https://twitter.com/bitfinex/status/636258874606133248

"We are experiencing data corruption issues and will be offline until corrected. Sorry for the inconvenience."


It's like Mt. Gox is tweeting again.

haha
sr. member
Activity: 400
Merit: 250
August 25, 2015, 02:18:32 PM
#17
There are several alternatives without so many problems.

Any suggestions? I'm becoming annoyed by finex too. Thinking about moving to OKCoin.

it depends where you from, how you want to trade high leverage futures or just simple spot.

OKCoin.com in general is a good place for everything despite the FUD attacks we had in the community at some point.

If one is leaving Bitfinex because of lag/engine problems, Okcoin leaves much to be desired. Funny how exchange fiascos come as flavors of the month. Last month, it was Okcoin, after the DDOS fuckery that left many, many traders unable to connect and instantly margin called. No compensation for hardly anyone. Not to mention its utter lack of professionalism (exhibited by the Star/Roger Ver episode). Ever taken a look at their corporate structure? Shady as hell. It's highly questionable that their "proof of reserves" audit was legit -- their former CTO said that it was gamed by Okcoin. Allegations of naked maker bots trading against (and stop running) their users.

No thanks.
sr. member
Activity: 448
Merit: 256
August 25, 2015, 02:13:44 PM
#16
There are several alternatives without so many problems.

Any suggestions? I'm becoming annoyed by finex too. Thinking about moving to OKCoin.

it depends where you from, how you want to trade high leverage futures or just simple spot.

OKCoin.com in general is a good place for everything despite the FUD attacks we had in the community at some point.

bitmex.com is offering some really interesting hedging/Volatility products as well as 25x leverage trading. But there liquidity is still very thin but they seem to be very competent from what I have heard on the Whaleclub...

If you are from Europe Kraken.com might be a great place to take a look into.
Or the traditional BTC-e. BTC-e is no doubt the most reliable and oldest exchange for Bitcoin. Again despite what the community is always saying.


BTCE actually has an incredibly good engine, but no liquidity.

btc-e has decent liquidity... There are not many people who need much more liquidity for trading.
sr. member
Activity: 400
Merit: 250
August 25, 2015, 02:11:48 PM
#15
I don't think it's a Gox in the making.

It is clear however that their platform is needlessly costing people money when they should be competent enough to provide something that just works. That's reason enough to shop elsewhere.

The trouble is......where?

Has Kraken gotten anymore liquid / are dark pools going anywhere? Bitmex has terrible liquidity, and I don't like the idea of a crypto-only account. Coinsetter is new on the scene, but liquidity...... yeah. It's still the wild west for bitcoin exchanges. Terrible, really, how none of them seem to make any effort at improving their platforms.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
August 25, 2015, 02:09:59 PM
#14
Withdraw for the time being until problem is settled. I've read that they are also having withdrawal issues as of this moment. Maybe they are short on funds? Idk but find a different service first until everything is fixed. You don't want to be Goxxed, do you?
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
August 25, 2015, 02:08:58 PM
#13
I don't think it's a Gox in the making.

It is clear however that their platform is needlessly costing people money when they should be competent enough to provide something that just works. That's reason enough to shop elsewhere.
sr. member
Activity: 400
Merit: 250
August 25, 2015, 02:07:09 PM
#12
Fishy stuff going on... any ideas?

All of the exchanges are pretty bad. Okcoin is the shadiest of all, especially with all the lag and order mismatching during volatile times (sound familiar?). Stamp has a horrible engine as well, and liquidity leaves much to be desired. BTCE actually has an incredibly good engine, but no liquidity.

.....And all the exchanges are fucking you. Who are you kidding?

But comparisons to Gox? Please.....
legendary
Activity: 1456
Merit: 1002
August 25, 2015, 02:04:53 PM
#11
Dont repeat history of what happen to mt.gox.

If you have a funny feeling, then just withdraw until they sort their own services out or just move onto a better service and wait it out.

I would just withdraw for the time being though.
hero member
Activity: 924
Merit: 1000
August 25, 2015, 02:03:48 PM
#10
There are several alternatives without so many problems.

Any suggestions? I'm becoming annoyed by finex too. Thinking about moving to OKCoin.

I already did. Just be careful as it's a bit of a different game over there. Of course they have a spot exchange if you don't want to do futures.
legendary
Activity: 1806
Merit: 1164
August 25, 2015, 02:03:38 PM
#9
Two flash crashes on Bitfinex, I would trade somewhere else. Send a message with your withdrawals.
legendary
Activity: 1512
Merit: 1012
August 25, 2015, 02:00:04 PM
#8
YES.

don't trust VIRTUAL wallet.




Humans, they never learn ...


hero member
Activity: 854
Merit: 503
Legendary trader
August 25, 2015, 01:59:33 PM
#7
There are several alternatives without so many problems.

Any suggestions? I'm becoming annoyed by finex too. Thinking about moving to OKCoin.
sr. member
Activity: 448
Merit: 256
August 25, 2015, 01:55:20 PM
#6
they are doing the Mt. Gox style. for months now. Their engine is just bad.

They are making so much money, but instead of hiring some professionals to build a new engine they the exchange has to hold trading several times now. They still haven't fixed their freaking button bug. Somebody clicking twice on the sell button probably created the recent crash of their engine.
Lending system also shows several issues for months. Everything is super laggy at high volatility times. It's just awful.


I would highly suggest everybody to leave them. This should not be tolerated for such a long time.

Don't wait until they go over to the "We are hacked" exit plan.

There are several alternatives without so many problems.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
August 25, 2015, 01:53:06 PM
#5
I would.

Mark my words...

Bitfinex = Bitcoinica 2.0
legendary
Activity: 910
Merit: 1000
August 25, 2015, 01:40:47 PM
#4
Better safe then sorry. 
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
August 25, 2015, 01:32:45 PM
#3
everything is going to be FINE

*quietly withdrawals all funds from bitfinex*

not to worry.
hero member
Activity: 644
Merit: 503
August 25, 2015, 01:32:33 PM
#2
Fishy stuff going on... any ideas?

No ideas, but I think if you need to ask the question - you should exit sharply. For what it's worth I'm almost out - more through luck than skill though. 1 BTC left on swaps, which I'll withdraw ASAP.
sr. member
Activity: 406
Merit: 250
August 25, 2015, 01:29:52 PM
#1
Fishy stuff going on... any ideas?
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