Bitfinex BFX Shitcoin Update, August 11, 2016

in #bitcoin • 8 years ago (edited)

I sold my 18,000 Bitfinex Shitcoin yesterday for $0.351 each. It has been steady throughout the rest of the day and most of the time today, but it looks like dumping pressure has started again. As of now, the price has touched $0.2865 each. I am glad that I sold mine early.

Thanks to all assholes at Bitfinex who made this "hack" happen. Can't be more grateful for this shit.

#bitfinex #scam
8 years ago in #bitcoin by
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     8 years ago 

    Oof...doesn't sound good. What's the notional value of one BFX?

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       8 years ago (edited)

      Each token represents $1 of the loss. They are basically giving you this shit and tell you that now we don't owe you any more.

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       8 years ago 

      Thanks. So you lobbed off the 'opportunity' at 35 cents on the dollar. I don't blame you in the least.

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         8 years ago (edited)

        If they really wanted to offer this so called "opportunity", they would have conceded a large portion to compensate all creditors. But instead they stole our assets and replace those with this useless token with vague terms, and nothing saying when they will ever pay back this debt at all. The only rational choice is to dump these to cover the loss and sue them for forcibly converting the loss of these useless tokens. I am guessing that after people withdraw all their assets, someone will definitely sue, after which people might hope to get back their money at cents for dollars after years of bankruptcy process.