Bitfinex listing

Bitfinex.com one of the top ten adjusted volume exchanges has recently listed Omni protocol token OMNI, a prerequisite for listing MaidSafeCoin.

They have this to say about getting listed:

We do not charge listing fees, nor do we give preferential fees to any projects, traders or market makers. To discuss a listing on Bitfinex, please contact listings@bitfinex.com

They have also recently launched trustless decentralised trading.

Could be worth an email enquiry by the team…

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There is alot of smoke around Bitfinex and Tether and with Tether losing 40% (1billion USD) of it’s market cap in the latest month since markets lost trust that it is backed by USD. The bottom of Theter have not been reached yet and I would say it is a chance that Bitfinex and Tether will have problems the upcoming time.

Since Bitfinex alleged Bank Noble went out of business they have struggled to find a new bank that will give them support, deposit/withdraws on Bitfinex seems to have had alot of problems lately. Customers have lately had to ask for a deposit atleast 24 hours in advance. Banks seems to dismiss Bitfinex as soon they find out that they are a crypto firm.

https://www.bloomberg.com/news/articles/2018-11-02/bank-tied-to-tether-goes-quiet-on-relationship-with-crypto-firm

https://www.washingtonpost.com/technology/2018/11/01/one-hottest-things-cryptocurrency-right-now-stablecoins/??noredirect=on

This message rescently appered for customers of Bitfinex, raising alot of red flags.

Warning Signs About Another Giant Bitcoin Exchange

https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=309312629

The list goes on and on, I would personally never go anywhere near Bitfinex and I hope Maidsafe never will have any relation to that company.

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Given Bitfinex is consistently within top ten daily volumes and USDT return to peg shortly after every “crisis”, the market appears to back up the view that most of the mud slinging around Bitfinex and Tether is FUD. I do not know of any other top ten exchange that has made as many contributions to open source and helping progress trustless distributed trading as Bitfinex has. Of course never trust an exchange with your coins long term (move to trustless whenever possible, as you can with EthFinex). In that regard Bitfinex is a major exchange and well worth MaidSafe contacting about listing MaidsafeCoin IMO (Who to PM this listing suggestion to at MaidSafe?).

Not really worth the time delving too much into, but the extremely shadowy organisation Palantir Technologies is behind a competing TrueUSD stable coin. The main problem for them and other US based stable coins is that Tether is the market leader by far, is outside direct US control and makes bypassing onerous US style KYC/AML trivial for the rest of the world that wants to transfer approximate USD Tether about without restrictions. This is unacceptable in some very powerful circles (see Palantir’s client list) , hence the low information content, highly sensationalist twitter bot army and negative press from all the usual mass media sources. Easy to spot FUD : Quickly and consistently shout about all negatives, and never ever (ever!) correct when more facts come along afterwards, such as:

Study Finds No Statistical Correlation Between Tether Issuance and BTC Price Movements

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