if 1000 btc is a no, then 1 mbtc is a no too
does anyone know how much $ and btc they owe all the people right now?
would it be worth for them to just close down or would they earn more money by letting the site exist forever?

s long as the average gain (chance bitfinex doesn't run away with your funds * deposit amount * interest * time) is bigger than the average loss (chance bitfinex runs away with everything * deposited amount) it's a good investment, at least I consider it as a good investment, it's something I can afford to lose. If I could have a 60% chance of doubling 1000 btc I would do that too. The amount is irrelevant for this. Unless you are depositing maybe a few 10k bitcoins and thereby giving bitfinex an extra incentive to run away... maybe with 1000 btc there is a small increased chance for that but another small thing to keep in mind is : if bitfinex goes down, bitcoin will go down too so keeping your bitcoins outside bitfinex wouldn't be such good investment either, the difference would be less.
I'm depositing slightly more and more on bitfinex now
when price goes up I'll also consider selling some btc there to offer USD swaps
I'm just wondering, I kept large amounts of btc on exchanges (like kraken, bitstamp and justcoin (which closed but funded me completely), are those safer than bitfinex?

Bankruptsy.

I wrote up my story of how I lost money trying to expose the manipulation of the TH1 contract and how Bitfinex's intervention caused my money to go to other users who benefited from Bitfinex's market intervention.

Exposing Manipulation

Nice, that sounds good. Could you please let us know your license number under which you are registered?
The problem is that I went to the Hong Kong MSO (money service operator) register here:
    https://eservices.customs.gov.hk/MSOS/wsrh/001s1
and entered BITFINEX into the search field but I got zero results. What am I doing wrong?
Thanks in advance and keep up the good work.

Hey Finex staff

Please answer my mail, my account has been hacked....
Please help !!

guys, please never do any of these things on a pc that you're using to access bitcoin:

-use Windows as operating system (use Linux instead, 'Mint' is a good variant)
-use Flash in your web browser
-use Java in your web browser (not to be confused with javascript, which is mostly ok)

and always do this:
-use two-factor-authentication
-make backups on at least one external medium that is disconnected from power and from your pc while not in use for the backup process

The worst part is really using Windows without 2FA (two-factor-auth). That's just asking to get your stuff stolen.

Look at this FRR giant wall.



FRR didn't reflect market movement accordingly.

Maybe FRR rate can be tweaked: compute it still using volume-weighted rates, but also weight them by age, so that it is more responsive (eg: rate of swaps taken today will have more importance than those taken a week ago)

It is a weighted average, currently:

and I'm proposing:

age is the age of the open swap, in an arbitrary time unit (eg: hours), starting from a moving epoch (eg: 30 days ago).

The end effect will be a more dynamic FFR rate, that adapt to swap market conditions faster (but it is also less stable).



A nice side effect

---

Right now opening a swap from the FFR offers cluster can't mathematically increase the FFR rate itself,
so the cluster need to be consumed together with higher-rate offers to cause even a minimal increase.
After weighting by age, however, opening a swap from the FFR offers cluster will mathematically increase
the FFR rate (at the next update, eg: at the start of the next hour).
Additionally, weighting by age, the FFR will change even without new swaps being opened or open ones being closed.
This can have some utility too, in the rate-discovery process.