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Author Topic: bitfinex back on track leading the market.  (Read 2986 times)
randy8777
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September 08, 2016, 01:00:56 PM
 #1

it's weird, but somehow bitfinex is gaining back trust in the market as once again it started initiating a pump where china followed with a massive green candle. take a look at the charts and you will know what i am talking about.
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September 08, 2016, 01:15:56 PM
 #2

i think there is have two option
1. for them get trust back from bitcoin user
2. it's a little weird as we know in the history, bitfinex it's very rarely leads the market price.

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September 08, 2016, 01:41:36 PM
 #3

i think there is have two option
1. for them get trust back from bitcoin user
2. it's a little weird as we know in the history, bitfinex it's very rarely leads the market price.

bitfinex was, and still is the leading usd exchange in trading volumes. but i meant weird in the way that after such a ridiculous "hack", that traders still see it as an exchange of importance. also, if their volume is real and not artificially kept high, then it means that traders have most likely given that exchange a second chance, or they are buying up coins to withdraw them from that exchange.
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September 08, 2016, 03:15:53 PM
 #4

Morons gonna moron. People love their ui. What i don't get is why kraken don't take some pointers from it and implement them.

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September 08, 2016, 03:29:14 PM
 #5

i think there is have two option
1. for them get trust back from bitcoin user
2. it's a little weird as we know in the history, bitfinex it's very rarely leads the market price.

bitfinex was, and still is the leading usd exchange in trading volumes. but i meant weird in the way that after such a ridiculous "hack", that traders still see it as an exchange of importance. also, if their volume is real and not artificially kept high, then it means that traders have most likely given that exchange a second chance, or they are buying up coins to withdraw them from that exchange.
yes today Bitfinex was leading for bitcoin price and i'm also a bit surprise because usually BTCChina and Huobi always be leading on the price movement but now Bitfinex is the highest price $631 however i don't know this true or not seems yes plenty traders has giving second chance to those exchange
 
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September 08, 2016, 04:41:15 PM
 #6

it's the same as bitstamp, remember when it was hacked and 25k bitcoin stolen? now they are good again, it seems that people tend to forget everything lol, i would not use those exchange ever after what is happened



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September 08, 2016, 04:46:28 PM
 #7

it's the same as bitstamp, remember when it was hacked and 25k bitcoin stolen? now they are good again, it seems that people tend to forget everything lol, i would not use those exchange ever after what is happened

the difference is that no bitstamp customers lost anything though. they certainly lost a bunch of market share all the same. that's why I don't get why anyone would risk going back to bfx. what the hell is wrong with people?

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shane
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September 08, 2016, 05:07:01 PM
 #8

yes this is really strange, it is unlikely people will believe and put a lot of money in it after the hack, it is very difficult to get a second trust. because they are concerned, also see another case like mtgox never come back again.




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September 08, 2016, 05:12:48 PM
 #9

Think a majority of bitcoin users now are driven by profit and it sometimes clouds better judgement as they chase the elusive millionaire status the early adopters supposedly all received.  You combine that with the fact that a mass is quite young for the most part and lacking in life experience to pull on about say issues like the one we have here in this thread.

If you take the two factors mentioned you get a pretty good picture as to why people are so quick to jump back onto a red flag issue like it is business as usual. The way they planned to fix the issue should scare any one that decent enough amount on any exchange.
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September 08, 2016, 05:17:28 PM
 #10

Morons gonna moron. People love their ui. What i don't get is why kraken don't take some pointers from it and implement them.

I think soon they gonna add monero, but for bitfinex it may take longer time for them to stand and rise again to regain user trust so they may not add monero for now. I don't think bitfinex can gain same amount of userbase and trust again.

However it is hard to believe actually bitfinex is leading the market price right now.  Roll Eyes



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September 08, 2016, 05:43:12 PM
 #11

it's weird, but somehow bitfinex is gaining back trust in the market as once again it started initiating a pump where china followed with a massive green candle. take a look at the charts and you will know what i am talking about.

One of the reason can be the that they have lots of users, and they just can't leave or change the exchange, but also they have investors with have their back. And because they promise to give back the lost money to the users very soon, not like the bter which was hacked more than a year ago and still no progress.

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September 08, 2016, 05:45:53 PM
 #12

LoL, once an exchange gets hacked, I would not trust it ever again with my money.
Try out this new exchange: TuxExchange.com
It is secure, fast and easy to use.

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September 08, 2016, 06:03:11 PM
 #13

Try out this new exchange: TuxExchange.com

no contact details, no usd, 0.19 btc on the eth order book. wow. looks like we've all found our new go to exchange.

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Bitcoinsummoner
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September 08, 2016, 06:12:29 PM
 #14

If bittrex they are saying truth that they are hack and i think they dont want to lose some audience and investors or traders they will do to pay the loses of their costumers.. and i hope for those who affect are receive their money back..
And i think its a good effect in the price of bitcoin right now because its increasing fast again back to this level..

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September 08, 2016, 06:13:19 PM
 #15

Try out this new exchange: TuxExchange.com

no contact details, no usd, 0.19 btc on the eth order book. wow. looks like we've all found our new go to exchange.
There are numerous ways of contacting tux, facebook, twitter, telegram, tux site chat and email.
Tux is registrated in Canada. I am a chat moderator/team member and know we are a fair exchange. We don't accept coin request and will only consider top altcoins to be added, no shit coins with backdoors...

That being said, we also don't accept fiat because it needs user verification. We are currecntly implementing a maker/taker fee. We currently have a flat rate of 0.15%. We will have the lowest fee of all exchanges. We support 2FA for account security. Our system is probably the fastest one around and is user friendly. We have stress tested our system with super fast trading and there wasn't even lagg. At last, but not least we have DDOS protection, so there should be no downtime.

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BitKorn!


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September 08, 2016, 06:32:36 PM
 #16

If bittrex they are saying truth that they are hack and i think they dont want to lose some audience and investors or traders they will do to pay the loses of their costumers.. and i hope for those who affect are receive their money back..
And i think its a good effect in the price of bitcoin right now because its increasing fast again back to this level..

It's about Bitfinex, and not Bittrex. Bitfinex first takes 36% of the money of all their traders, and is now slowly "returning" it to them. Class action! And yes, the market is slowly leaving the Bitfinex drama behind and moves forward.

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September 08, 2016, 06:38:15 PM
 #17

Thats a good news that bitfinex are still building trust again and i think they are trying to get back their loses from issue before..
But many people losing trust again in their site if they are build a newly design and newly security about their site maybe other people can trust them again..


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Monetize the Revolution


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September 08, 2016, 07:47:40 PM
 #18

The shepherd leading his flock to the shear...

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mindrust
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Vegeta, What does the scouter say!?


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September 08, 2016, 07:52:46 PM
 #19

Nobody will trust them ever again. Are they buying trust or making fake trusts, i don't know. But people should be very stupid if that's real. On the other hand, you can say that, "can they hacked twice in a row?" i mean, they should have secured their shit more, right? I wouldn't take that risk. I would trade on exchanges that never hacked till now.

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September 08, 2016, 10:35:29 PM
 #20

Thats a good news that bitfinex are still building trust again and i think they are trying to get back their loses from issue before..
But many people losing trust again in their site if they are build a newly design and newly security about their site maybe other people can trust them again..

Building trust should be based on good behaviour of in this case the exchange. It's mind boggling how easy traders seem to forgive an exchange that messed up big time. If I was a trader there, then I wouldn't want my coins to stay there for a second longer. I would cash out every bit of coin and fiat I have there, and make use of another (trustworthy) exchange.

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