Quote from: 1Referee on November 21, 2018, 01:46:14 PM

I have been telling people immediately after Bitfinex's "hack" that they should stop using that exchange, did anyone care? Nope. Even long term Bitcoiners still wire tens of thousands of dollars to Bitfinex and complain afterwards why it's not coming through when cashing out, or why they suddenly ask for 3% withdrawal fees. It's ridiculous.

People keep saying that banks are shit and they are out to work against crypto, but exchanges as Bitfinex are 100 times worse. They are the pest we'll continue dealing with for many more years to come. Poloniex is quite a joke as well, not sure how Circle was given regulatory approval to take them over with Tether on board. Doesn't it stink somehow? Roll Eyes

Earlier I was reading an older topic about crypto terms and one of them was:

Quote

'PPT'
Pirate Pass Through. An investment operation run by Pirateat40 which many claimed was a ponzi scheme, which in fact it was

It's always been my opinion that if we want to get rid of banks and our plan is to put things like bitfinex or coinbase or anything else instead....we should stick with the current banks, we're a lot safer with them.

Quote from: gentlemand on November 20, 2018, 10:37:20 PM

"said three people familiar with the matter."

Is this seriously the standard of 'professional' journalism these days? There's nothing new here since those subpoenas all that time ago. Since then Tether's been operating cheerfully enough. I'll wait to see a few people hanging by their necks until they're dead before swallowing this.

There's no smoke without fire.

Bitfinex might not be involved that much in manipulating prices and printing tether but they are no innocent victims in this.
And running around the world to find the shadiest bank in the shadiest location on this planet isn't helping their image that much.