Post
Topic
Board Service Discussion
Re: BFX tokens; worth anything? When?
by
doublemore
on 14/08/2016, 07:53:34 UTC
I wonder if they will pull this off.  If they do, will the BFX tokens actually gain in value?  Will they finally become equal to the loss?  How long could that take?  This is going to be an interesting journey from a large hack.  Hopefully it goes better than the way MtGox went.  Liquidation doesn't seem like a very good path either.

What gimmick is this? They lost their customer's funds and now their planning on releasing their own tokens? For what? To make money out of those poor people who lost money in their site? That is some whole new level of scumbaggery right there. Just withdraw all your BTC from the site and demand that you get the whole amount.
If you had a 100 bitcoins on the site, and as a customer lost 36 on it, and were issued  BFX tokes with a claimed value of 1$/BFX, then even you would try and see it to get as much value as possible and not return them and complain about being paid when they have outrightly said they won't be refunding coins. This mentality unfortunately just makes their case easier and allows them to scam their customers.

I think a call to boycott Bitfinex is in order. How can they scam their own customers?

And what did their customers say? I assume they all played along since I don't see anymore news about it. Stupid. I almost want to say they deserve to lose 36%.

People wont boycott because the exchange is still the best to trade on. Margin trading is now back open.  People already expect risk and are used to it who invest in crypto, this is the single biggest reason why finex will have zero problems with recovery, they are still #1 of real exchange volumes as i look today.