Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading

Poloniex and Bitfinex both have withdraw delays or not processing all together

Where did you get this info?

Just a few days ago, I tried to withdraw a few litecoins, and the withdrawal was processed pretty fast (within a few minutes). Indeed, I don't know what my mileage would have been if I had tried to withdraw a few thousand litecoins (or bitcoins), but if there were numerous issues with withdrawals at Bitfinex (obviously, apart from fiat withdrawals which are disabled right now), there would be a lot of noise across the forum (and in this thread specifically). Other than that, I agree with you that withdrawal issues are a telling sign of possible problems in the future. It was the same with Cryptsy, and it had been constant delays with withdrawing even tiny amounts that finally made me abandon this exchange for good. That turned out to be a wise decision in the end

Yes I meant fiat withdraws not processing

So what's the problem?

You convert fiat to some crypto (Litecoin seems to be the best in this department) and withdraw the proceeds to an exchange when you do the process in reverse and withdraw fiat if you really need that (you will lose dust at worst, and in fact may even earn something in the process). But as I tried to explain it to some dude here (he turned out to be a pathetic troll in the end), people are not interested in fiat, at least, as long as an exchange (in this case Bitfinex) is not going to scam. They use both fiat and crypto as vehicles for speculation and lending, and they are not interested in parking their capital in bank accounts where they won't earn anything (or enough just to outpace inflation)