1. 08-09-16 10:41 AM #1
    Sam Odom
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    BTC : Will Bitfinex comeback Safer & Stronger OR...

    Or... just stay away -- RIP
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  2. 08-09-16 12:01 PM #2
    SBR Forum
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    It depends on if the traders and businesses who took a 36% loss to cover the total losses decide to move on to Bitstamp or another exchange. According to Bitfinex, a BFX token is being created that logs the amount Bitfinex owes those accounts and eventually they will be settled over time.

    I'd be more concerned about the security policies in place at Bitfinex. One would think something like this could not happen again, but Tokyo and Hong Kong based exchanges are responsible for two of the biggest exchange security breaches and loss of customer funds in bitcoin's short history.
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  3. 08-09-16 01:03 PM #3
    Sam Odom
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    Quote Originally Posted by SBR Forum View Post

    One would think something like this could not happen again...

    One would think... But we all know Black cannot hit 12x in a row, right
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  4. 08-09-16 03:10 PM #4
    Slanina
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    Quote Originally Posted by Sam Odom View Post
    One would think... But we all know Black cannot hit 12x in a row, right
    12? I have SS of the casino doing 16, 18 and 19 in a row of 1 color. They were super fun days for my balance.


    I heard something about they're going to try and seek future investors to pay back what was lost. It was only word of mouth so I don't want to be that guy.
    Last edited by Slanina; 08-09-16 at 03:13 PM.
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  5. 08-09-16 07:40 PM #5
    Sam Odom
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    Quote Originally Posted by Slanina View Post
    I heard something about they're going to try and seek future investors to pay back what was lost. It was only word of mouth so I don't want to be that guy.

    they have hope for the future or at least that is what Bitfinex are saying

    have a little 'frozen' there
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  6. 08-10-16 10:13 AM #6
    BuckyOne
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    Is there an argument for never, ever, ever leaving bitcoin in an exchange and always moving to an offline wallet for safekeeping?
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  7. 08-10-16 10:19 AM #7
    Sam Odom
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    Quote Originally Posted by BuckyOne View Post

    Is there an argument for never, ever, ever leaving bitcoin in an exchange and always moving to an offline wallet for safekeeping?

    Yes... If Sammy was a speculator he would hold totally offline
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  8. 08-10-16 11:43 PM #8
    Optional
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    Quote Originally Posted by BuckyOne View Post
    Is there an argument for never, ever, ever leaving bitcoin in an exchange and always moving to an offline wallet for safekeeping?
    I think people are used to banks and want someone else to look after their money security still in a lot of cases.
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  9. 08-11-16 02:28 PM #9
    SBR Forum
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    Quote Originally Posted by BuckyOne View Post
    Is there an argument for never, ever, ever leaving bitcoin in an exchange and always moving to an offline wallet for safekeeping?
    If you're day trading, it isn't practical to leave your crypto in cold storage.
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  10. 08-11-16 03:02 PM #10
    raiders72001
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    Quote Originally Posted by SBR Forum View Post
    If you're day trading, it isn't practical to leave your crypto in cold storage.
    and Bitfinex allowed margin trading. I never used them since they stated that everyone would get a 1099.
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  11. 08-11-16 03:48 PM #11
    Sam Odom
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    Quote Originally Posted by raiders72001 View Post
    and Bitfinex allowed margin trading. I never used them since they stated that everyone would get a 1099.

    many have a 'write off' now
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