Post
Topic
Board Exchanges
Re: And we have another Bitfinex Short Squeeze!
by
freedombit
on 23/06/2014, 04:23:10 UTC
...
BITFINEX CAUGHT RED HANDED STEALING!
...


I really don't understand the outrage. I think it's best to *assume* crap like that is going on, and only participate if you A) knowingly accept the risk, B) have some way to mitigate it.

This is why I keep ~0BTC and 0FIAT on *any* exchange.

If everyone must *assume* crap like this is going on, then how could a single exchange take place? Next time you try to buy a coffee from your local BTC coffee house, what's to keep them from taking your BTC and not giving you a coffee? In the end, we all must have trust.