Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
You're talking through your hat, boyo.
I asked a question (actually two). Just in case that simple fact failed to get through
Try buying $800,000 worth of XBT over the course of a year, as a private person, and let us know how that works for you. Bitfinex doesn't care how much money you send them, but your bank cares because it is regulated up the wazoo (at least in the U.S.)
I don't know about you, but in no circumstances I would buy $800,000 worth of bitcoins (even if I had $800,000, to begin with). Should I conclude that you habitually (or at least annually) buy and sell such amounts of bitcoins (dollars)?
Buying $800,000 worth of bitcoins in total over the course of a year is actually not a big deal for a day trader. It amounts to buying (and selling) slightly above $2,000 daily, which is nothing out of the ordinary if you are trading actively, lol. I could just as well say that I would be buying more than $1,000,000 worth of bitcoins over a year, whereas in fact I had been actively trading the same ~$3,000 for a few weeks using a bot (as an individual)...
Which made around a few hundred trades a day (though with a relatively small percent of the total capital)