I think you need to sharpen your conclusion, because it doesn't quite match what you laid out. You sold your BFX but you recommend a Hold?
If Bitfinex's annual revenue is just $5 million, they can never make their debt tokens whole (absent apprehending the hacker and getting the BTC back) and no buyer would find it worth taking on their customer liabilities that are also made up and perhaps not even legal. I am very bearish on BFX and think they are worth close to nothing (but not nothing). I have been wrong so far though!
ah yea that's confusing alright, all in all the article was rushed and not the best put together.
In the conclusion I was trying to say if you hold bfx it is the same as holding a basket of cryptos except with a much bigger risk to the bfx. So not recommending holding bfx. would be tempted to buy on bitmex at around $0.10 though.
I think bfx will make it back to $1 but only because I think btc and especially eth will increase in value over the next year.
Good article, to continue this multi article/site conversation I am going to post there
We know each other from Jam. I was bitcoinfreedom on there. I hope all is well with you.