Bitcoin Forum
March 29, 2024, 05:14:41 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 »  All
  Print  
Author Topic: Should I withdraw my coins from Bitfinex?  (Read 4968 times)
y3804 (OP)
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
August 25, 2015, 06:29:52 PM
 #1

Fishy stuff going on... any ideas?
1711689281
Hero Member
*
Offline Offline

Posts: 1711689281

View Profile Personal Message (Offline)

Ignore
1711689281
Reply with quote  #2

1711689281
Report to moderator
1711689281
Hero Member
*
Offline Offline

Posts: 1711689281

View Profile Personal Message (Offline)

Ignore
1711689281
Reply with quote  #2

1711689281
Report to moderator
The forum was founded in 2009 by Satoshi and Sirius. It replaced a SourceForge forum.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1711689281
Hero Member
*
Offline Offline

Posts: 1711689281

View Profile Personal Message (Offline)

Ignore
1711689281
Reply with quote  #2

1711689281
Report to moderator
1711689281
Hero Member
*
Offline Offline

Posts: 1711689281

View Profile Personal Message (Offline)

Ignore
1711689281
Reply with quote  #2

1711689281
Report to moderator
LMGTFY
Hero Member
*****
Offline Offline

Activity: 644
Merit: 502



View Profile
August 25, 2015, 06:32:33 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.

This space intentionally left blank.
adamstgBit
Legendary
*
Offline Offline

Activity: 1904
Merit: 1037


Trusted Bitcoiner


View Profile WWW
August 25, 2015, 06:32:45 PM
 #3

everything is going to be FINE

*quietly withdrawals all funds from bitfinex*

not to worry.

Alley
Legendary
*
Offline Offline

Activity: 910
Merit: 1000


View Profile
August 25, 2015, 06:40:47 PM
 #4

Better safe then sorry. 
smoothie
Legendary
*
Offline Offline

Activity: 2492
Merit: 1473


LEALANA Bitcoin Grim Reaper


View Profile
August 25, 2015, 06:53:06 PM
 #5

I would.

Mark my words...

Bitfinex = Bitcoinica 2.0

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
 
TReano
Sr. Member
****
Offline Offline

Activity: 448
Merit: 256



View Profile
August 25, 2015, 06:55:20 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.
Morecoin Freeman
Hero Member
*****
Offline Offline

Activity: 854
Merit: 503


Legendary trader


View Profile
August 25, 2015, 06:59:33 PM
 #7

There are several alternatives without so many problems.

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

Ask the stranger he knows who you really are.
Meuh6879
Legendary
*
Offline Offline

Activity: 1512
Merit: 1011



View Profile
August 25, 2015, 07:00:04 PM
 #8

YES.

don't trust VIRTUAL wallet.




Humans, they never learn ...


BitcoinNewsMagazine
Legendary
*
Offline Offline

Activity: 1806
Merit: 1164



View Profile WWW
August 25, 2015, 07:03:38 PM
 #9

Two flash crashes on Bitfinex, I would trade somewhere else. Send a message with your withdrawals.

bassclef
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1000



View Profile
August 25, 2015, 07:03:48 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.
mrhelpful
Legendary
*
Offline Offline

Activity: 1456
Merit: 1002



View Profile
August 25, 2015, 07:04:53 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.
madjules007
Sr. Member
****
Offline Offline

Activity: 400
Merit: 250



View Profile
August 25, 2015, 07:07:09 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.....

██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
RISE
gentlemand
Legendary
*
Offline Offline

Activity: 2590
Merit: 3008


Welt Am Draht


View Profile
August 25, 2015, 07:08:58 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.
dothebeats
Legendary
*
Offline Offline

Activity: 3598
Merit: 1352


Excel is fun


View Profile
August 25, 2015, 07:09:59 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?

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
madjules007
Sr. Member
****
Offline Offline

Activity: 400
Merit: 250



View Profile
August 25, 2015, 07:11:48 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.

██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
RISE
TReano
Sr. Member
****
Offline Offline

Activity: 448
Merit: 256



View Profile
August 25, 2015, 07:13:44 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.
madjules007
Sr. Member
****
Offline Offline

Activity: 400
Merit: 250



View Profile
August 25, 2015, 07:18:32 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.

██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
██████████████████████
RISE
TReano
Sr. Member
****
Offline Offline

Activity: 448
Merit: 256



View Profile
August 25, 2015, 07:31:31 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
y3804 (OP)
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
August 25, 2015, 07:32:45 PM
 #19

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

Jesus christ. I'm hoping this isn't a gox because they're still holding my coins.
Holliday
Legendary
*
Offline Offline

Activity: 1120
Merit: 1009



View Profile
August 25, 2015, 07:49:06 PM
 #20

If you aren't the sole controller of your private keys, you don't have any bitcoins.

If you need to make a trade, deposit, make the trade, then withdraw. Anyone leaving coins on any site for extended periods of time risks losing everything.

Some people need to actually stick their hand into the frying pan to learn the lesson though.

If you aren't the sole controller of your private keys, you don't have any bitcoins.
Pages: [1] 2 3 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!