Bitfinex asks users to help in Recovery

[pinkflower]

I think it's very unfair for their users to be asked to foot the bill. They messed up and have no right to do this. This should be investigated thoroughly and deposts/withdrawals/trading should be suspended until the hows and whys of the hack is resolved.

[revo999]

Yes its Unfair

But I think Users will get good profit if this goes well

[JeffBrad12]

http://satoshibonus.blogspot.com/2016/08/bitfinex-share-loss.html

Bitfinex asks users to help in Recovery by sharing the loss.

Just lure their ex-users to wanna put the money again into them, maybe caused by sharing their loss they think can get a sympathy from the bitcoin users. but all of that is not working for now because they cases is giving a big impact for the people's mind for never to put or following them again.

[mayax]

http://satoshibonus.blogspot.com/2016/08/bitfinex-share-loss.html

Bitfinex asks users to help in Recovery by sharing the loss.

Just lure their ex-users to wanna put the money again into them, maybe caused by sharing their loss they think can get a sympathy from the bitcoin users. but all of that is not working for now because they cases is giving a big impact for the people's mind for never to put or following them again.

you will see how many will continue to use Bitfinex despite the fact that it's a scam website. they will run with 70 MIL USD and the people are happy that they "only" lost 36% from funds.

any exchanger can do the same from now on; giving you shit virtual tokens instead of your money. a generation of retards

[Kimi80]

 First they lost money, and now they are asking for help? And they ask people who already lost money to give them more? Is that is what is happening or I didn`t understand it good?

 This is just crazy, I hope people will not fall again on the same thing. Investing money in something like this can be very dangerous, what if they are preparing for some final hit & run? Well I`m not so much into trading, and all this sites, I just know to smell a scam and when I do I run away from there very fast. People should be smart this time, and why don`t you make a group here with people who lost money there and to try to do something together. People are stronger when they are connected and when they fight together!

[DooMAD]

http://satoshibonus.blogspot.com/2016/08/bitfinex-share-loss.html

Bitfinex asks users to help in Recovery by sharing the loss.

I'm sorry, Bitfinex asks users?   

"Ask" implies users have a choice in the matter.  They aren't asking shit, they're taking it whether their customers like it or not.  Using the word "ask" is just trying to put a positive spin on a bad outcome.  Theft is theft, call it what it is.

And just in case it needs to be said again:

Rule #1 of Bitcoin is that if you don't have control over the private keys, you don't have control over your bitcoins.  Exchanges are not banks.  Don't trust others to keep your bitcoins safe. It's your responsibility.

[danherbias07]

It is like I killed your wife but please trust me I wont kill your next wife.  Damn bullshit. Trust is broken already if someone bites that then history will be created.
Guiness record "Top Idiot in Human Life"

[crairezx20]

It is like I killed your wife but please trust me I wont kill your next wife.  Damn bullshit. Trust is broken already if someone bites that then history will be created.
Guiness record "Top Idiot in Human Life"

Yeah looks like they are starting a new step to get trusted for people and collect some bitcoin to dump all after they scam again..
Better to bait again broken is broken better to go in other exchange site.

[calkob]

What does it actually mean?  are customers who only delt in other cryptos being punished also?  if it is only bitcoin holders then fair enough.  getting back over 60% is better than nothing to be honest

[franky1]

if you have not learned the lesson of never keeping funds in an exchange.. and have lost out due to bitfinex.
please take this advice

as soon as withdrawals are open.. WITHDRAW your 64% active balance..
only keep the 36% tokens in your balance.

if you think bitfinex is legit and will honour the debt
REMOVE THE 64%
do not presume that keeping the 64% with them will somehow guarantee you more chance of getting the 36% back too.
accept it psychologically as a 36% loss, forget it and dont stress over if/how/when you will get returns... then if the tokens later do become of value, accept it as a bonus, like a christmas present.
play around and trade only the tokens(36%) to try to maximize its potential

if you think bitfinex is risking bankruptcy or maybe entering into a ponzi to repay debt
REMOVE THE 64%
accept it psychologically as a 36% loss, forget it and dont stress over it... then if the tokens later do become of value, accept it as a bonus.
afterall if a government investigation/bankruptcy filing happens, ALL assets/holdings and funds are frozen for years, leaving only pennies on the dollar if lucky after a few years wait.

now things to watch out for.
1. somehow the exchange is offering discounted trade orders (EG like mtgox trading at $100 when other exchanges were at $300) dont put funds in hoping to grab large profits. as thats the ploy they want. if they were legit their trades should be the same as other exchanges.

2. equity swap. they try to talk you out of any funds recovery by offering you a stupidly low % share in a company ran from a basement with stipulations that you cannot sell for X month/years. companies like this does not have much physical assets (only a couple servers and some office chairs). its not like the company has a mortgage free skyscraper or anything large that can be sold off for millions.

3. profit shares. they try to talk you out of any funds recovery by offering you a stupidly low % share of their trade fee profits. do not expect to escape being a debtor with false promises of privately grabbing a portion of the 0.3% trade fee's. where the company obviously shouldnt be making any profits anyway due to all cashflow legitimately meant to go back to debtors.

4. affiliate program. they try to talk you into some commissions, bonuses or faster debt recovery by finding new customers. red flag ponzi.

in short. take out the 64% active balance you have remaining and then see how things play out

[Kprawn]

Nobody is going to take any of my Bitcoin from my paper wallet and give it to other people.... Why, because I store ZERO bitcoins on these dumb exchanges and I have FULL control over the bitcoins I

own. This is no worse than banks taking money from people's accounts and paying for their employees mistakes. This is totally absurd and borders on theft. As a exchange, you only have the right to

manage these funds by keeping them secure... not diving into people's money as if you own them.  

[X7]

Bfx was all handled pretty poorly

[ShrykeZ]

I can't really see anyone wanting to help them out, not after a substantial loss like that.

[satdas]

I think it's very unfair for their users to be asked to foot the bill. They messed up and have no right to do this. This should be investigated thoroughly and deposts/withdrawals/trading should be suspended until the hows and whys of the hack is resolved.

yes that should concentrate on solving the problem and recovery of the lose instead of appealing to he people to help them in shares, they should first make their system more secure and untill thy have not done these recommendation they should suspend all their activities.

[cleverlittleme]

I really think bitfinex is done.
If they can not compensate the lost money on theirown, they should not be active anymore.

[Mr.grin]

Well, I think it is a scam. very difficult to return the stolen bitcoin that much, especially if bitcoin has been sent to various wallet, well, of course it will be difficult, even can not, so I guess it is a fraud who simply used this opportunity to make a profit

[Qartada]

giving them a time is fine but if it's about the money, i guess the one who make the mistake here is the company and not the client,so,if they're asking about the money or cutting client's fund until 36%,doesn't make sense at all

I think the Bitfinex should take the loss. It should let the client take over the company if it does not want to declare bankrupt.

[BillyBobZorton]

maybe only for those with a big amount? they are going to negotiate this as much as possible to avoid bankrupt

As far as I know, EVERYONE will get a 36% haircut on their accounts, no matter if you had BTC, ETC, ETH, or DOGE, and independently of quantities stored on their wallets, which is insane.

[macedoniantable]

Bitfinex closes (because of the bankrupt).

Every money lost.

So I think it is a scam.


Edit:
Not every money, only 64%, 36% saved (~4.6m of dollars).

Their price ticker has been down since all this has happened.
This is not an encouraging sign to say the least if they are asking help from the customers that lost money because of their incompetence.

[huntalan81]

maybe only for those with a big amount? they are going to negotiate this as much as possible to avoid bankrupt

As far as I know, EVERYONE will get a 36% haircut on their accounts, no matter if you had BTC, ETC, ETH, or DOGE, and independently of quantities stored on their wallets, which is insane.

Wow, it is more, than enough.