Some thoughts on the BFX Premium and why BFX should still be included on the BTC Index price
-BFX users are having issues with withdrawing USD so they are converting their USD into Bitcoin in order to move their value off of the exchange -BFX Bitcoin prices have gone up as a result so "TPB of bitcoin have decided that they will remove BFX from the index because their price isnt a true representation of the "Real BTC Price" -The users who have changed their FIAT into BTC are moving those BTC out of BFX and onto exchanges like Coinbase and Bitstamp, BTC-E... They are then Selling that BTC in to USD so that they can withdraw it which is suppressing the price of Bitcoin on those exchanges. -For every action there is an equal and opposite reaction, The "Fair price" of BTC as far as i'm concerned is ~$1300USD at the time of this post. If BFX's price can't be trusted because (people are pushing the price up to get their fiat out) then why can the price of the other exchanges (who are having BTC dumped on them so users can withdraw their Fiat) be a "Trusted Price" In conclusion, I think the BTC community should be including the price of BFX in their average when attempting to put a price on a Bitcoin.
Prime example of how you brain wash an entire industry: While the entire crypto industry talks about Bitfinex’s shady business and deceptions, r/bitcoin has not a single post discussing BFX’s misdeeds!
/u/social_bfx Please give me an update on Support Ticket #484454 submitted on 10/24/2017. Still missing Bitcoin Gold that I was told would be credited. Inquires unanswered since 11/22/2017.
Hello u/social_bfx can you please provide me an update on my missing Bitcoin Gold? I submitted a support request on 10/24/2017 and was told on 11/22/2017 by Ninel that I would be credited soon. My e-mails since that time have been ignored. Have I been scammed? Your help would be greatly appreciated. I'm very nervous at this point and have withdrawn the rest of my balances waiting to see how my missing Bitcoin Gold is handled. Submitted: 10/24/2017 3:30 am Subject: Missing Bitcoin Gold Ticket number: #484454
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