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Author Topic: Bitfinex asks users to help in Recovery  (Read 3019 times)
DooMAD
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September 13, 2016, 09:11:36 AM
 #81

is there any logical reason for someone to use Bitfnex after they fucked their clients? NOPE but still many are using them Smiley

Some people have some serious Stockholm Syndrome around Bitfinex. Others are just desperate gamblers who want a piece of the BFX market and access to margin. I don't think these people realize that Bitfinex's problems are not over...

Pretty much.  It could be argued that, in the short term at least, Bitfinex will be more conscious about their security and faster to hunt down any other vulnerabilities they might have.  But it's only a matter of time before complacency sets in again and some motivated attacker gets the better of their defences.  Definitely more a question of 'when' than 'if'.

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...#EndTheFUD...
mayax
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September 13, 2016, 09:26:46 AM
 #82

is there any logical reason for someone to use Bitfnex after they fucked their clients? NOPE but still many are using them Smiley

Some people have some serious Stockholm Syndrome around Bitfinex. Others are just desperate gamblers who want a piece of the BFX market and access to margin. I don't think these people realize that Bitfinex's problems are not over...

so, their clients are sick people...it might be a real explanation... Smiley
Qartada
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September 21, 2016, 05:12:07 PM
 #83

is there any logical reason for someone to use Bitfnex after they fucked their clients? NOPE but still many are using them Smiley

Some people have some serious Stockholm Syndrome around Bitfinex. Others are just desperate gamblers who want a piece of the BFX market and access to margin. I don't think these people realize that Bitfinex's problems are not over...

Pretty much.  It could be argued that, in the short term at least, Bitfinex will be more conscious about their security and faster to hunt down any other vulnerabilities they might have.  But it's only a matter of time before complacency sets in again and some motivated attacker gets the better of their defences.  Definitely more a question of 'when' than 'if'.

I think the hack could be an inside job. The exchange lost 1/3 of its funds in a day. Does it not realise that it is big amount to withdraw?

mobnepal
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September 21, 2016, 05:18:25 PM
 #84

is there any logical reason for someone to use Bitfnex after they fucked their clients? NOPE but still many are using them Smiley

Some people have some serious Stockholm Syndrome around Bitfinex. Others are just desperate gamblers who want a piece of the BFX market and access to margin. I don't think these people realize that Bitfinex's problems are not over...
Actually yes it seems they will have one problem and after another problem in future too. Why they haven't released how they have lost so much of bitcoin which they are responsible for saving in a really safe place. Lossing almost all bitcoin they have sound they have really serious issue with their management and level of security. Don't know when traders will leave that platform and try to find other alternative platforms.
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