JayJuanGee
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How much alt coin diversification is needed? 0%?


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April 21, 2017, 02:51:56 AM


[edited out]

Why you always make it so complicated? lol



AKA   - expressing in another way.


The longer that Bitfinex maintains its price disparity, the more uncomfortable I become.

For several days, I thought that it was not a big deal - but this is going on a week now.

Furthermore, in the beginning, I am thinking that there are a variety of innocent explanations; however, the longer it goes on, I become more skeptical regarding the possible innocent explanations.

For example, Bitfinex seemed to have been on a pretty decent roll - restructured itself, paid off it's debt through innovative tools, social cost sharing and creation of new categories of equities devices.  Also, maintained its trade volume...

One thing that causes me to worry about the large price differential and it carrying on for so long is that insiders at Bitfinex can take advantage of such large arbitrage opportunities  much more easily than regular people and even use those kinds of arbitrage opportunities as ways to attempt to address their solvency issues (O.k.... Yeah.. I said it... "solvency" issues).... a manner of raising money to pay for their having had paid off all of their BFX tokens...

A problem with this whole scenario is that there can be a trade off with getting the economic advantages and losing credibility when they let the matter drag on for extended lengths of time.