Grayscale Bitcoin Trust (GBTC)

[Tenured]

Bitfinex new accounts paused! Excessive demand for new accounts(see message below).

New accounts will resume no later than Jan 15th.

Crazy! Partially explains the stalling of bitcoin prices. One of the largest exchanges isn't taking on new clients.
Prices could uncoil whenever they start accepting new clients.

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"Thank you for your interest in opening a Bitfinex account. However, due to extraordinary demand, new account creation has been temporarily paused.

Bitfinex focuses on serving professional traders. The reason we have decided to temporarily stop accepting new accounts is that we cannot undermine the quality of our services for our existing traders by flooding the system with new, small accounts.

Please be patient while we expand infrastructure, services, and staff to meet the exponential rise in demand for new Bitfinex accounts.

This pause for new account creation is a temporary measure. New account registration will resume by January 15th, 2018 at the latest.

Thank you for your patience and understanding,
Bitfinex Management