Post
Topic
Board Bitcoin Discussion
Re: Bitfinex- bank blocked all their deposits
by
DooMAD
on 18/04/2017, 22:35:39 UTC
but right now Bitfinex has highest exchange rate ($1265) while other exchanges stay around $1199-$1216

I seem to recall the same thing happened with Gox.  It had a higher price than other exchanges at the time, so people kept pumping money in thinking there would be a tidy profit at the end.  Obviously it didn't turn out to be the best strategy, heh.  Hopefully it's just a coincidence and history isn't repeating itself.  But I'd still recommend people play it safe and withdraw via BTC or alt, at least until Bitfinex appears to be on surer footing.