Post
Topic
Board Exchanges
Re: And we have another Bitfinex Hookey THIEVING Short Squeeze!
by
Torque
on 22/06/2014, 13:16:47 UTC
Giancarlo
Bitfinex Team

So essentially all you are saying is: Hurr, durr you can't prove it.

Sure that makes it ok, right?

What I'm just saying is that I'll be glad to prove him wrong, but I want him to pay for his completely idiotic allegations.
What you are doing here is confusing absence of evidence with evidence of absence.
I can prove the fairness of every single transaction on Bitfinex, but I just need to reward the 2 parties that will then come and witness the fact that the trade wasn't a fake trade.
Nobody does anything for nothing and MatTheTwat has to learn his lesson.
He has a concrete chance of making 100 BTC.
If he's right ( and he's not).

Spitting hot air out of your mouth is easy, a little bit more difficult is to place your bet and lose your coins in case you are proven wrong.

Don't you agree with me?

Giancarlo


Actually, I respectfully disagree.  Unfortunately in the current state of the Bitcoin world, and in light of the Mt. Gox implosion and other numerous incidents where exchanges either went under due to incompetence or their operators closed up and ran off with the coins, the onus of responsibility of proving an exchange "being on the level" resides with the exchange operators.  It's called transparency, and it is required to earn the public's trust.

You guys had no problem with having an independent audit done back in April to prove your solvency.  You didn't first demand a bet to be made with someone before proving it.  I don't see how this situation is any different.  And why do you "need to reward the 2 parties that will then come and witness the fact that the trade wasn't a fake trade"?