Post
Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
russokai
on 10/02/2014, 12:27:47 UTC

I'd just like to point out that if we did not have stopped the trading engine, the cascading effect of liquidations would have been terrible (just look at the charts already).

So we DID make the right choice in halting the trading engine to avoid this situation.

One day the Bitcoin market will become mature enough to support this level of volume, right now it isn't;

THanks for your comprehension
Raphael


So why didn't Bitstamp go down?  It was up the entire time that you "halted" trading (without warning).

BTC-e did not go down either.

It's not the Bitcoin market that isn't "mature" enough...it is Bitfinex that is immature.