Post
Topic
Board Bitcoin Discussion
Re: Bitfinex- bank blocked all their deposits
by
deisik
on 02/05/2017, 18:34:47 UTC
it's just a bubble...

But you never know when it is going to pop

Today prices at Bitfinex reached 1,600 dollars per coin and they finally jumped over 1,400 dollars at Btc-e, so the spread seems to be widening if that has any significance. Even if the USD withdrawals as well as deposits won't be allowed for longer time (or never at all), I'm still inclined to think that the prices are going to level out eventually with Bitfinex itself now losing any significance for those who used it convert their cryprocoins to "real" money. Obviously, the volumes are going to drop too turning this trading platform into another run-of-the-mill exchange