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Author Topic: Bitfinex down AGAIN - just cost me $7000  (Read 438 times)
russokai (OP)
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February 10, 2014, 11:14:07 AM
 #1

what a joke.
mrlithium
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February 10, 2014, 11:34:13 AM
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Gox is the joke. They started this. The press release was spiteful and vindictive of the bitcoin protocol after all the news articles of "mtgox halts withdrawals", MT cut off the nose of bitcoin to spite it's face.
russokai (OP)
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February 10, 2014, 12:06:46 PM
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Gox is the joke. They started this. The press release was spiteful and vindictive of the bitcoin protocol after all the news articles of "mtgox halts withdrawals", MT cut off the nose of bitcoin to spite it's face.

No there are going to be days with big news and high volatility and any decent website would not crash whenever there is some volume.  This happens over and over on that site...nothing new.
alpha492
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February 10, 2014, 12:42:46 PM
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what a joke.

1k here, and it looks like they have no plans of reversing the trades.  Even worse their staff doesn't exactly seem receptive of complaints.  Their official talking point seems to be 'it was the volatility' which seems to be a moot argument.  If your going to try to run a bitcoin exchange with a margin trading option it would seem logical to prepare for volatility.

russokai (OP)
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February 10, 2014, 12:44:25 PM
 #5

What other brokers allow you to short bitcoin?  I know some people talk about using Metatrader 4 but what service is this through?

I have had some good experiences with Bitfinex but once you start to lose more and more money due to their site outages, you do have to consider other options.
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