Post
Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
halcyon
on 20/03/2014, 13:34:42 UTC


1) Deposits - withdrawals fees:  To put things into perspective a customer can now withdraw or deposit 30,000 usd and be charged a fee of 30 usd.
I frankly speaking don't believe this is even a problem to talk about in case you move money in and out once in a while.
Bitcoin is not a treasury bond yielding 3% a year, it is highly volatile and I believe we are making much ado for nothing.
Please understand our current financial system is based on checks and parameters.
The more we move in and out of our accounts, the more banks will be likely to notice our flows, the more attention we will get.
What we are trying to discourage here is not an occasional deposit or withdrawal, it's people moving money in and out daily as there was no tomorrow.
This behavior is putting our system under stress and is representing a potential threat to our security.  


if this is the reason behind the recent increase in fees there are much better solutions Wink

pinnaclesports.com (one of the major bookmakers in the world) has a system where every customer gets 1 completely free withdrawal per month.
And because they also try to prevent people depositing/withdrawing excessively they have a policy where each additional withdrawal
is charged with a flat fee.

By that structure they incentive people to withdraw responsibly and minimize unnecessary transactions.

But I guess you won´t change it anyways, just wanted to mention there are other possible solutions for the problems you
experienced  Wink