johnnybtct (OP)
Newbie
Offline
Activity: 31
Merit: 0
|
|
December 03, 2017, 06:24:48 PM |
|
Can you share your thoughts on that twits? Is this just a troll or Bitfinex (together with other exchanges using USDT) are scam exchanges? Want to see some facts or your experience.
Twitter Bitfinex'ed #DontGetTethered
|
|
|
|
johnnybtct (OP)
Newbie
Offline
Activity: 31
Merit: 0
|
|
December 03, 2017, 06:50:40 PM |
|
?
|
|
|
|
1NV3ST0NM3
|
|
December 03, 2017, 06:56:35 PM |
|
Frankly speaking until now I have used bitfinex and hitbtc both of them work on USDT model and frankly speaking I have found them to be quite good with easy deposits and withdrawals for USDT and other cryptos too. You can share if you have faced some problem so everyone else could be a bit careful in future.
|
|
|
|
BitCoinKeeper
Member
Offline
Activity: 89
Merit: 10
|
|
December 03, 2017, 07:12:44 PM |
|
?
Like any Exchange “Trade Carefully, but Trade Often”
|
|
|
|
johnnybtct (OP)
Newbie
Offline
Activity: 31
Merit: 0
|
|
December 03, 2017, 07:48:55 PM |
|
Frankly speaking until now I have used bitfinex and hitbtc both of them work on USDT model and frankly speaking I have found them to be quite good with easy deposits and withdrawals for USDT and other cryptos too. You can share if you have faced some problem so everyone else could be a bit careful in future.
No problems so far but this lack of serious audit about backed USDT is really scary. Looks like bomb which is going to explode and make total crash of cryptos.
|
|
|
|
EminenceGrise
Newbie
Offline
Activity: 3
Merit: 0
|
|
December 03, 2017, 07:57:30 PM |
|
The main question is why is tether volume so high? often it is more than supply. another thing is all coins are going up or going down same time now which obviously means playing of market.
|
|
|
|
sunsilk
|
|
December 03, 2017, 10:27:52 PM |
|
Frankly speaking until now I have used bitfinex and hitbtc both of them work on USDT model and frankly speaking I have found them to be quite good with easy deposits and withdrawals for USDT and other cryptos too. You can share if you have faced some problem so everyone else could be a bit careful in future.
No problems so far but this lack of serious audit about backed USDT is really scary. Looks like bomb which is going to explode and make total crash of cryptos. You made me check the tweets out there that has "#DontGetTethered" since I'm not putting that much time on tweeter. Reading the pinned tweet on that "bitfinexed" account interesting on how bitfinex is doing crazy with tether. Still keep an eye on your trades and I had no idea if they are just trolling or what.
|
|
|
|
romani245
|
|
December 04, 2017, 12:29:36 AM |
|
Twitter Bitfinex'ed #DontGetTethered
Look, I've always thought Bitfinex was shady, and there's plenty of things to point to that don't seem to be on the "up and up." But take anything this lunatic says with a grain of salt. He throws around unproven and often ridiculous claims all day, every day. I had to unfollow him because he just comes off like a wingnut at this point.
|
|
|
|
mayax
Legendary
Offline
Activity: 1470
Merit: 1004
|
|
December 04, 2017, 12:35:52 AM |
|
Twitter Bitfinex'ed #DontGetTethered
Look, I've always thought Bitfinex was shady, and there's plenty of things to point to that don't seem to be on the "up and up." But take anything this lunatic says with a grain of salt. He throws around unproven and often ridiculous claims all day, every day. I had to unfollow him because he just comes off like a wingnut at this point. you better read the sheep from here with their "HODL or to the moon" or take a break on youporn Bitfinex is a fraudulent company, you like it or not. Everything is doing is illegal, starting with not having any license and ending with their shit Tether.
|
|
|
|
romani245
|
|
December 04, 2017, 12:40:12 AM |
|
Bitfinex is a fraudulent company, you like it or not. Everything is doing is illegal, starting with not having any license and ending with their shit Tether.
Like I said, there is lots to point to. Unlicensed MSB, unregistered securities (BFX tokens), unregistered derivatives (Tether), the banking blockade against them, their unwillingness to provide an audit of Tether, Phil Potter admitting he trades on the exchange against his customers, etc. But Bitfinexed is still a wingnut.
|
|
|
|
Hypercube
Member
Offline
Activity: 119
Merit: 105
Semantically satiated.
|
|
December 04, 2017, 01:13:06 AM |
|
Bitfinex is a fraudulent company, you like it or not. Everything is doing is illegal, starting with not having any license and ending with their shit Tether.
Like I said, there is lots to point to. Unlicensed MSB, unregistered securities (BFX tokens), unregistered derivatives (Tether), the banking blockade against them, their unwillingness to provide an audit of Tether, Phil Potter admitting he trades on the exchange against his customers, etc. But Bitfinexed is still a wingnut. I think he has been going at it for some time and kept being unacknowledged until now that people are starting to believe him, and took a big head. Still, if you put aside his spammy retweets, his analysis are pretty well documented and made a lot of folks looking at them with more scrutiny, which is a good thing. I used to use them, they have a nice interface and good trading platform in general, but I would be careful if you want to leave funds on there just in case they get hacked again and decide to make their users pay like last time.
|
|
|
|
European Central Bank
Legendary
Offline
Activity: 1288
Merit: 1087
|
|
December 04, 2017, 01:47:29 AM |
|
hard to say. if the guy had taken a less shrill tone he would have more credibility and his points would be taken more seriously. many of his points are valid and we all know bitfinex are secretive, dishonest and don't seem to give a shit about following any normal procedures.
if they were in the right and they wanted to they could erase all doubt with a few minor moves. both sides are odious.
i find it depressing and incredible that bitcoin has gotten this far yet bitfinex is still a thing. it's the final stain on bitcoin as far as i'm concerned. it needs to clean up its act once and for all or go. bitcoin is attracting ever more heat from around the world and bitfinex are sitting on the face of it like a zit waiting to be popped.
|
|
|
|
romani245
|
|
December 04, 2017, 03:37:52 AM |
|
i find it depressing and incredible that bitcoin has gotten this far yet bitfinex is still a thing. it's the final stain on bitcoin as far as i'm concerned. it needs to clean up its act once and for all or go. bitcoin is attracting ever more heat from around the world and bitfinex are sitting on the face of it like a zit waiting to be popped.
I've been feeling this way ever since the "hack" in 2016 and subsequent BFX token issuance. A black cloud over Bitcoin. I'm guessing they'll get shut down eventually (in the same way that BTC-e was). But I also learned something in my years of trading: things tend to go on for longer than you can imagine. The top is always higher than you think, the bottom is always lower. And Bitfinex somehow survives for years....
|
|
|
|
|