Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I was able to log into my Bitfinex account. Of the 31 bitcoins I have a balance of 20 bitcoins (which I will withdraw immediately once the option is available). I have 412 USD and about 7000 BFX (tokens).
thank you Elwar i was fishing for this info for a while.
*pulls out calculator *
so, that means ~75million BFX coins have been issued.
now... wtf are these coins going to be back by, 10% of bitfinex inc. 80% of bitfinex inc. ??
can't lie, i am excited to buy this shit token.
i might actually deposit bitcoins into bitfinex asap.
This is all that matters.
I have only seen "BFX tokens, which can eventually be exchanged for shares of Bitfinex".
Whatever that means.
The Bitfinex blog says it will either redeem them in full, or possibly exchange them upon the creditors request and Bitfinexs acceptance for shares of iFinex Inc. Bitfinex isn't guaranteeing to exchange them for Bitfinex shares. Unless it gives a guarantee the token will only be backed by Bitfinex's promises.
http://blog.bitfinex.com/uncategorized/bitfinex-interim-update/
Quote
The BFX tokens will remain outstanding until redeemed in full by Bitfinex or possibly exchangedupon the creditors request and Bitfinexs acceptancefor shares of iFinex Inc.