USD demand sum : 0.5M USD
USD offer sum : 3M USD
bitfinex 7days trading volume is half of bitstamp.
USD FRR now 0.025%.
no one need bitfinex margin trade.
bitfinex had ended.
It seems that exchanges go through different stages of gathering and losing customers right now. Very surprised kraken didnt pick up a few more customers. I'd expect to see bitfinex back on top at some point, bitstamp dont even trade LTC.
Agreed, I expect to see them at the top again. The ecosystem created by them (exchange, margin trading, liquidity providing) is very powerful and will draw people back again. However, they will need to 'inspire confidence' in their lost customers since I think a loss of confidence (as well as an ill timed fee change) was what drove many customers away. In the interim, dropping fees could be a nice incentive to get people back.
My 0.02c anyways.