Quote from: richardsNY on May 01, 2017, 08:22:47 PM

Quote from: wxa7115 on May 01, 2017, 07:06:23 PM

Quote from: thebatletbet on May 01, 2017, 06:12:59 PM

this now bitcoin price is over 1300 dollar
in Gdax(coinbase) over 1400 dollar, and bitfinex over 1500 dollar
my prediction end year 2017 bitcoin price can reach 2000 dollar

But we know why the price in bitfinex is that high and if they dont solve their issues at some point the situation is going to become unsustainable and that has the possibility of crashing the price of bitcoin in the short term, so be careful.

People always get blinded by their happiness when the price goes up. Bitfinex may form a potential obstacle that will eat away a few hundred off the price if things end up badly. Don't forget that the panic will be complete when they halt BTC withdrawals. If that's happening, then it will be a huge blow in the face of people having kept their trust in that exchange. Glad that at least someone sees potential risks.

To my regret, the Bitfinex exchange has already shown what can be negligent or involving Crime in the administration, which I think helped the hacker's attack to withdraw millions of dollars from users' accounts. This exchange I have no more confidence. If this continues on, then we will only lose, but do not wait for the rise in prices.