[2016-08-13] Bitfinex Remains Most Popular Bitcoin Exchange Despite Adversity

[jdebunt]

Other surprises include how Kraken is not represented among the top 10 popular Bitcoin exchange platforms. To be more precise, Kraken is found in the “others” category, but they are not one of the top places people go to. This is rather strange, considering their process to buy or sell cryptocurrency is rather frictionless. Do not be mistaken in thinking Kraken has no business, though, as they see plenty of volumes every day.

http://fintechist.com/bitfinex-remains-popular-bitcoin-exchange-despite-adversity/

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[TraderTimm]

Bitfinex is falling off the map. The "volume" you see is the aftermath of people getting the fuck out of dodge.

The real metric is looking at offered loans in USD/BTC, which have dwindled considerably and as of this posting, there is zero USD offered.

BFX is dead man walking, they just don't know it yet.

[ThePokerTranslator]

The whole Bitfinex situation is mindboggling from all directions....

[1Referee]

Bitfinex is falling off the map. The "volume" you see is the aftermath of people getting the fuck out of dodge.

The real metric is looking at offered loans in USD/BTC, which have dwindled considerably and as of this posting, there is zero USD offered.

BFX is dead man walking, they just don't know it yet.

I won't even be surprised if turns out that Bitfinex is severely manipulating their current volume to make them look like a working exchange without problems. It looks too good to be true.

[Gohs]

Bter was hacked in 2015, it sprang backup. Bitfinex has been badly hit, but don't be surprised if it manages to wobble on till it gets on its feet again.