Still not a single answer from BFX to all of this? What is that? Is there some long-ass holiday on the British Virgin Island or is there more to their secretivity. Ignoring this won't make it go away.
why should they outline their strategy for these worst case scenarios in a public forum?
Because else at least I'm going to assume that their strategy for a flash crash is to run off.
I've trusted Bitfinex in the past but there have been some events in the near past that make me a bit suspicious and trust is the most important feat an exchange has to provide.
1. Silently cutting the link to Bitstamp AFTER TELLING ME they would tell us in such a case (look it up, it's in this thread).
2. Another silent company change
3. Showing some remarkable incompetence regarding the swap system, it was BitcoinIdiotDude who revealed these exploits after they have been going on for months and pecularities were repeatedly mentioned here and they didn't bother to investigate.
4. Giancarlo's massive pumping in the "Bitfinex Margin Bubble thread"
5. several reported litecoin withdrawal problems.
6. Most importantly that they haven't said a single word since three days.