We might increase leverage in the future if we see our swap market is cooling off a little.
For the time being we believe it's a good idea, for the sake of traders, liquidity providers and the bitcoin market to slow down a little the growth of our swap total market.
I hope this helps.
Have a good day
Giancarlo
Bitfinex Team
For the time being we believe it's a good idea, for the sake of traders, liquidity providers and the bitcoin market to slow down a little the growth of our swap total market.
I hope this helps.
Have a good day
Giancarlo
Bitfinex Team
"Earlier today, Mt. Gox halted trading, saying the market needed to "cool down""
I knew i heard that phrase somewhere else before...
Hehe, I don't know about the validity of that analogy, but this is a pretty clear acknowledgement by Bitfinex that swaps/leverage have gotten out of hand vs. liquidity.
Well, 2 weeks ago they(Bitfinex) called the assumption of the OP "FUD". How fast things can change....
Guys
Since when so called "moderators" are starting FUD threads?
Cui prodest?
Ask yourself this simple question and if your IQ is not lower than your shoe size you'll come up with the right conclusion.
Have a good day and a great weekend
Giancarlo
Bitfinex Team
Since when so called "moderators" are starting FUD threads?
Cui prodest?
Ask yourself this simple question and if your IQ is not lower than your shoe size you'll come up with the right conclusion.
Have a good day and a great weekend
Giancarlo
Bitfinex Team
Wow. They really don't know what they are doing, do they? That messages is eerie to me... has scam written all over it. Anyhow, maybe I am wrong. They should really figure out what the hell they are doing, give everybody a heads up, and honor their commitments.