more and more people are realizing 10% interest a month on bitfinex will almost certainly make more than long term btc holding.
At 10%/month (what I've been making at finex), btc would have to be 6000 in 2 years.
At 10%/month (what I've been making at finex), btc would have to be 6000 in 2 years.
I used to lend $$ on BFX, but I got less comfortable with it when they removed Bistamp liquidity. I don't like how they never really explained their decision behind that, as far as I know, anyway. There is too much money lent vs. the bids, IMO, and they don't guarantee lender's money.
There is a lot of risk involved, though many don't like to admit. I guess on a forum where almost 100% are probably bulls...
