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


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August 08, 2016, 11:29:42 PM

[Edited out]

Yeah that's not how company valuation works. Right now their balance sheet is in red by ~$120MM (meaning they have $120MM more in liabilities more than assets)
Also if you think this "incident" will have no effect on their market share (their daily volume) or their "goodwill" you're delusional

I think that you meant to say $72 million.  The concession seems to be that Bitfinex lost around 120k Bitcoin, which was valued around $72 million.