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I was a Bitfinex customer when they got hacked. I lost 30% of my funds on that day. I couldn't be happier with how they handled it. They paid me back in full an

by darawk 9y ago

I was a Bitfinex customer when they got hacked. I lost 30% of my funds on that day. I couldn't be happier with how they handled it. They paid me back in full and did the best they could with the situation they had. People being upset with them over it is insane to me. As far as I can tell, it's mostly people who had nothing to do with it spectating from the sidelines. If an exchange you use ever gets hacked, I certainly hope they do exactly what Bitfinex did, for your sake. And you should too.

ActsJuvenile 9y ago
Only a shill would claim to be happy with a 30% haircut scenario. Flagged.
- simias 9y ago
  They said "They paid me back in full" so I assume he did not lose the 30% in the end? Admittedly I'm not sure I understand what they mean. I also wish that "everybody I disagree with is a shill" meme stayed in 4chan and reddit, it's incompatible with reasonable discussion.
  - darawk 9y ago
    What I mean is that when the hack occurred I lost 30% of my funds. However, I received BFX tokens equivalent to the amount I lost. Eventually, as Bitfinex continued operating and accumulating fees from operations, they paid me back 1:1 USD for BFX tokens they had given me as debt. So, I did lose the time-value of that money (they didn't pay me interest on it), and I didn't get paid back in Bitcoin or Ethereum, which would have been more money, but i'm still very happy with how they handled it. I think it was the most reasonable and honest solution to the problem that they had available to them at the time.
- jstanley 9y ago
  Only a shill would claim that what happened was a 30% haircut...
- sctb 9y ago
  Do you mind not posting comments that the guidelines clearly ask us not to? > Don't accuse others of astroturfing or shillage. Email us and we'll look into it. > Don't feed egregious comments by replying; flag them instead. When you flag something, please don't also comment that you did. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html

by darawk 9y ago

ActsJuvenile 9y ago

Only a shill would claim to be happy with a 30% haircut scenario. Flagged.

simias 9y ago
They said "They paid me back in full" so I assume he did not lose the 30% in the end? Admittedly I'm not sure I understand what they mean. I also wish that "everybody I disagree with is a shill" meme stayed in 4chan and reddit, it's incompatible with reasonable discussion.
- darawk 9y ago
  What I mean is that when the hack occurred I lost 30% of my funds. However, I received BFX tokens equivalent to the amount I lost. Eventually, as Bitfinex continued operating and accumulating fees from operations, they paid me back 1:1 USD for BFX tokens they had given me as debt. So, I did lose the time-value of that money (they didn't pay me interest on it), and I didn't get paid back in Bitcoin or Ethereum, which would have been more money, but i'm still very happy with how they handled it. I think it was the most reasonable and honest solution to the problem that they had available to them at the time.
jstanley 9y ago
Only a shill would claim that what happened was a 30% haircut...
sctb 9y ago
Do you mind not posting comments that the guidelines clearly ask us not to? > Don't accuse others of astroturfing or shillage. Email us and we'll look into it. > Don't feed egregious comments by replying; flag them instead. When you flag something, please don't also comment that you did. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html