Post
Topic
Board Bitcoin Discussion
Re: Should we be worried with Bitfinex?
by
tomahawk9
on 20/11/2017, 00:29:18 UTC
It seems that there have been a lot of people complaining about Bitfinex. It seems that Bitfinex has been using Theters to pump Bitcoin price. Now a lot of people is shouting this might be the next MTGOX.

What is your opinion on this one?
I wouldn't be worried, but I'd take precautions. I've been reading about this Bitfinex/tether thing for months but it wasn't until last week when some people started wondering what was going and apparently it's getting a snowball effect now. Honestly, i don't trust exchanges, but this tether issue started to gain attention last week like i said (same week the attack happened) so i don't know if it is a coincidence or if it's just more FUD. For now, I would wait for an official statement from Bitfinex since this is getting a lot of attention now and they can't remain silent forever.
Also, worst case scenario, this won't be the next mtgox.