Right when trading is at it’s most feverish, with bitcoin volume skyrocketing over the past week and now starting to correct itself, bitcoin exchange Bitfinex has suffered a severe outage taking down their entire platform indefinitely.
Read more:
http://bitcoinx.io/news/articles/bitfin ... er-issues/
The skyrocketing was not from natural growth and it's bad for Bitcoin!
Bitcoin, Ethereum and crypto-currencies in general require businesses to transact in the currency as this will provide long-term stability.
If we have traders working the market, it is no different than a volatile stock. You will lose in the end, no matter what.
Let's help the world by taking Bitcoin into the trillions of market-cap the right way. We'll all become wealthier and be written in history as the ones who changed the world by helping billions of people.
I'm not sure why Bitfinex made this call, obviously there is more to the story.
On the flip side, I am extremely pleased with Ethereum!!!!!!!