Quote from: 21pilot on June 22, 2014, 04:19:22 PM

I really think bitfinex could also start to increase the possible leverage (at least for the more liquid BTC/USD market).
This would really encourage trading volume and also have benefits for the lenders (very likely higher interest rates).

I think the risks outweight the benefits.
The BTCUSD market will have dramatic swings, and I expect that to happen especially in the next two months.
Flashcrashes would come. Avalanches would come.
And with some of the newer users, this would end bad.
And then there's no full insurance for the funds, as icing on the cake.

I really hope the margin leverage won't be risen.
Heck, I would rather suggest to lower it to 1x "leverage" as default, and enable higher leverage for users who know what they do. With them being able to answer a simple test or something.

Ente