Post
Topic
Board Speculation
Re: Despite all the hacking attacks, FUD, negative articles etc. Bitcoin is
by
MatTheCat
on 12/02/2014, 12:57:29 UTC

could you elaborate why Bitfinex is on your personal blacklist?


Partially because I am very suspicious of the bots/entities that operate on Bitfinex. Since they stopped allowing orders to be routed through Bitstamp, I have seen some of my stop losses called in very suspicious circumstances........otherwise known as 'blatantly fkn farmed'.

But above all else, irrational fear, instinct, and recurring spooked out dreams about the exchange. I don't expect none of that to convince anyone else to avoid Bitfinex and neither it should. Had I stuck around on Bitfinex, I would have likely had a few more cracking short trades under my belt, but having seen the difference that a day can make in Bitcoin, I am sticking with what ever arrangements allows me to sleep the best.

I go to sleep one day, assured that the protocol 'double spend' attack is something affecting just Gox because of their system of not wating on blockchains confirmations, an then I wake up the next and find that even Bitstamp is affected, Bitstamp where I still have 10K USD. Things can move very suddenly in Bitcoin. It is like the stock market on steroids and on fast play.