Agreed, I expect to see them at the top again. The ecosystem created by them (exchange, margin trading, liquidity providing) is very powerful and will draw people back again. However, they will need to 'inspire confidence' in their lost customers since I think a loss of confidence (as well as an ill timed fee change) was what drove many customers away. In the interim, dropping fees could be a nice incentive to get people back.

My 0.02c anyways.

Forgot to add link: http://coinmarketcap.com/exchanges/volume/24-hour/

I beleive this has a lot to do with dropping USD rates:

http://i.imgur.com/Ob2bh7n.png?1

Bitfinex used to be way above the rest when it comes to volume, however after the recent 'events' a lot of BTCUSD volume has moved to other exchanges.

I'm in!

Yip:

https://twitter.com/bitfinex/status/618111753050722305

"We are aware the Bitfinex is currently down and are currently looking it. Sorry for the interruption, will update when we know more."

Thanks for the post unclescrooge, much appreciated.

Good article with a lot of good info in it. However, I think that the rate the market is willing to lend/borrow funds at is somewhat supply/demand driven (due to market inefficiency??) and not purely risk to default driven. But I might wrong on this one and I'm still thinking about the article. I need sleep :-)

Does anyone know if there are plans on BitFinex to add Call/Put options as another financial instrument to their system? This could greatly assist in protecting traders/users against flash crashes.

Hi, I am also very new here, however I would like to give Chellger my take on the BDD Fund, please correct me where I am wrong. I think my explanation below is oversimplified, but much better than saying B.SELL is shorting B.MINE:

While you get to essentially short B.MINE with B.SELL, I wouldn't call it shorting because their prices both derive from the bitcoin difficulty and not B.MINE. Also, when shorting a security you can potentially lose much more than what you spent on that security, whereas with B.SELL the maximum you can lose is the amount spent on the contract itself (i.e. the price at which you bought it). The nice thing that B.SELL provides is hedging your SHA256/BTC mining activities against difficulty increases.

Think of it this way, the sum of what B.SELL and B.MINE can payout (in total) is equal to the amount raised by the BDD fund from selling B.EXCH contracts. Buying the contracts at the correct prices is therefore your main concern as you can then get a bigger piece of the pie.

If you really want to delve in deep, consider learning more about derivative pricing models, as both B.MINE and B.SELL derive their value from mining difficulty.

Agreed, RETURN is probably the only company I would invest in right now on CS. Other good ones are DEBT, MSP and COINFARM, however COINFARM's dividends are constantly decreasing because they are not reinvesting enough in mining hw. Also, note that DEBT and MSP are listed by the same person.

BTW, anyone here use https://litecoininvest.com/ ? They don't have a lot of options, but they are planning to list BTC based securities in the future.

Apologies for resurrecting this thread, but has anyone here invested on https://litecoininvest.com/ or perhaps listed a security/asset? If yes, what was your experience with them?

I almost listed something on Cryptostocks, but think I will wait and reassess before I do. What we need as a community is to not accept these low standards of service. I really like the idea of what Cryptostocks provides and there definitely is a gap in the market for it, but their execution is terrible. Does anyone know of similar security exchanges? Havelock Investments seems decent, but there are very few securities listed on their exchange.

This is quoted from coinpal's announcement on cryptostocks earlier, right before latest dividend payment:

"We are unable to use the logo that we created at first, because of the character being copyrighted by Bethseda  (which we were unaware of in the beginning).  We had another source for a new design and logo that headed south as well.  So we are working night and day to get this looking sharp and on schedule for you guys."

I think we can assume the "headed south" part is referring to someone on this thread

Wow what a mess! Thanks tricomp for the summary!!

I don't own a lot of shares (almost negligible) in coinpal, but I got quite the scare right after BAMM on cryptostocks posted the link to this topic. The guys that have plenty invested in this probably got a really nasty scare out of this, especially just before coinpal paid the last dividend.

I wish the experience of buying shares in projects on cryptostocks was less of a roller coaster ride.

What is interesting to me is that the link in this IPO announcement is to http://COINPAL.COM where on the project page on Cryptostocks is to http://coinpal.net, which is still up and running. Not sure what to make of that.