~snip~
Out of respect for everyone that follows this thread for information about Bitfinex please stop acting like a five year old child and post in your own thread.
Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 14. (Read 723558 times)
March 05, 2018, 05:37:27 AM
Out of respect for everyone that follows this thread for information about Bitfinex please stop acting like a five year old child and post in your own thread.
March 05, 2018, 05:29:05 AM
Tether/Bitinex went from printing $100 million a day to $0 a day over night. No new Tether printed in over a month. Are we supposed to believe demand dropped 100% or is it more likely there was never any demand in the first place? 
Bitfinex and Tether = the same fraudulent company
Bitfinex and Tether = the same fraudulent company
You already have your own thread for this. Please stop trolling this one.
stop being a shill for a criminal organization like Bitfinex.
March 05, 2018, 01:25:51 AM
Tether/Bitinex went from printing $100 million a day to $0 a day over night. No new Tether printed in over a month. Are we supposed to believe demand dropped 100% or is it more likely there was never any demand in the first place?
Bitfinex and Tether = the same fraudulent company
Bitfinex and Tether = the same fraudulent company
You already have your own thread for this. Please stop trolling this one.
Please, people, start your own thread about tether. It's going on and on, over dozens of pages of posts now.
I am very aware of tether, its volume, dubious audits and critical voices by now. And also that there is no proof whatsoever that tether or its USD backing is foul.
Please cut it off, I want to read about stuff concerning bitfinex directly here only.
Thank you.
Ente
I am very aware of tether, its volume, dubious audits and critical voices by now. And also that there is no proof whatsoever that tether or its USD backing is foul.
Please cut it off, I want to read about stuff concerning bitfinex directly here only.
Thank you.
Ente
March 04, 2018, 03:54:16 PM
Tether/Bitinex went from printing $100 million a day to $0 a day over night. No new Tether printed in over a month. Are we supposed to believe demand dropped 100% or is it more likely there was never any demand in the first place?
Bitfinex and Tether = the same fraudulent company
Bitfinex and Tether = the same fraudulent company
February 27, 2018, 05:22:49 AM
Is there a subforum here or a subreddit where bfx support answer questions? Like for Kraken there's a support agent answering questions in their official topic here on Bitcointalk. Is there any place like that for bfx? I've opened a ticket two months ago and have exchanged a few emails but my deposit is still missing. I'd like to speed things up because it's getting ridiculous.
They do have active representatives on r/BitcoinMarkets and you can also try to @ them on Twitter.
February 27, 2018, 05:10:52 AM
Is there a subforum here or a subreddit where bfx support answer questions? Like for Kraken there's a support agent answering questions in their official topic here on Bitcointalk. Is there any place like that for bfx? I've opened a ticket two months ago and have exchanged a few emails but my deposit is still missing. I'd like to speed things up because it's getting ridiculous.
February 26, 2018, 05:00:06 AM
will Bitfinex add / support airdrop for MoneroV ?
if not and i have XMR there how do i claim XMV ?
thanks
February 22, 2018, 01:53:08 PM
Please add a really decentralized coin.
The most honest cryptocurrency in the world.
That would be DOGE, no need for new coins like elaism or something, when there is such doge: almost 5 years old and still alive and well The most honest cryptocurrency in the world.
February 22, 2018, 12:22:48 PM
Apparently Bitfinex is banking with the Dutch Bank ING now:
https://www.coindesk.com/dutch-bank-ing-confirms-bitfinex-account/
This seems to be the first real banking relationship with a big bank
since Wells Fargo dropped Bitfinex. Of course Coindesk is not particularly impartial
regarding everything that is related to Bitfinex, but this is still good news
for every BFX customer.
After all having no real banking relationship for months and later having only accounts at tiny
banks in Poland and Portugal was one of the major red flags for Bitfinex.
https://www.coindesk.com/dutch-bank-ing-confirms-bitfinex-account/
This seems to be the first real banking relationship with a big bank
since Wells Fargo dropped Bitfinex. Of course Coindesk is not particularly impartial
regarding everything that is related to Bitfinex, but this is still good news
for every BFX customer.
After all having no real banking relationship for months and later having only accounts at tiny
banks in Poland and Portugal was one of the major red flags for Bitfinex.
it won't have this account for more than 2 months
Bitfinex/Tether is a criminal company, no license, no nothing... Let's remember that Ifinex has been banned of receiving USD and EUR. Wells Fargo as correspondent bank has blocked all the transfers to Bitfinex bank account from Taiwan and from everywhere...They are using shell companies in order to get the cash. these fraudsters(or part of them) will end in prison.
The cancer that Bitfinex/Tether is spreading, it will affect MANY people who are using digital currencies.
Their shills can say anything they want. It doesn't change the facts.
February 22, 2018, 05:20:45 AM
Apparently Bitfinex is banking with the Dutch Bank ING now:
https://www.coindesk.com/dutch-bank-ing-confirms-bitfinex-account/
This seems to be the first real banking relationship with a big bank
since Wells Fargo dropped Bitfinex. Of course Coindesk is not particularly impartial
regarding everything that is related to Bitfinex, but this is still good news
for every BFX customer.
After all having no real banking relationship for months and later having only accounts at tiny
banks in Poland and Portugal was one of the major red flags for Bitfinex.
https://www.coindesk.com/dutch-bank-ing-confirms-bitfinex-account/
This seems to be the first real banking relationship with a big bank
since Wells Fargo dropped Bitfinex. Of course Coindesk is not particularly impartial
regarding everything that is related to Bitfinex, but this is still good news
for every BFX customer.
After all having no real banking relationship for months and later having only accounts at tiny
banks in Poland and Portugal was one of the major red flags for Bitfinex.
February 21, 2018, 12:35:08 PM
You're right, when I try to withdraw BTC there is (now) a fee displayed. I would have sworn it was not there before, at least during the period with high transaction fees/the mempool spam attack and wondered why... But well, my memory could be wrong. As they charge (now) fees, the statement makes more sense.
My memory wasn't working too good either, it turns out 'as long as I can remember' was last June.
https://www.bitfinex.com/posts/205
That's the announcement when they introduced them.
February 21, 2018, 09:59:00 AM
Not sure what "we can provide our customers with bitcoin withdrawal fees that are up to 20 percent lower" means. As far as I can remember they paid transaction fees during the whole BeeCash spam attack, I've never paid any transaction fees for a withdrawal, which is nice.
Maybe you just didn't notice them. On the withdrawal page it currently shows a fee of 0.0006 BTC. If you click the help link next to it you see this:
Quote
Notice
There is a small network fee for sending a BTC transaction.
The transaction fee is updated periodically based on BTC network activity in order to achieve reasonable transaction confirmation times.
There is a small network fee for sending a BTC transaction.
The transaction fee is updated periodically based on BTC network activity in order to achieve reasonable transaction confirmation times.
There's been a fee as long as I can remember but it has always been lower than most exchanges. I'd guess that announcement means they've adjusted their formula lower by 20%. I can also confirm on the deposit page if you request a new address it gives a Segwit one. I agree it's odd they didn't announce the change on the site itself.
In general a SegWit transaction will use less block space and fees are calculated per byte. It might be they estimate their fee based on the actual transaction/mempool size and pending transaction fees. This should charge the customer a realistic fee, which is good (compared to other exchanges with fixed fees).
Well then, let's generate and use our new shiny SegWit addresses.
February 21, 2018, 05:44:18 AM
Not sure what "we can provide our customers with bitcoin withdrawal fees that are up to 20 percent lower" means. As far as I can remember they paid transaction fees during the whole BeeCash spam attack, I've never paid any transaction fees for a withdrawal, which is nice.
Maybe you just didn't notice them. On the withdrawal page it currently shows a fee of 0.0006 BTC. If you click the help link next to it you see this:
Quote
Notice
There is a small network fee for sending a BTC transaction.
The transaction fee is updated periodically based on BTC network activity in order to achieve reasonable transaction confirmation times.
There is a small network fee for sending a BTC transaction.
The transaction fee is updated periodically based on BTC network activity in order to achieve reasonable transaction confirmation times.
There's been a fee as long as I can remember but it has always been lower than most exchanges. I'd guess that announcement means they've adjusted their formula lower by 20%. I can also confirm on the deposit page if you request a new address it gives a Segwit one. I agree it's odd they didn't announce the change on the site itself.
February 20, 2018, 04:08:25 PM
Who could explain the announcement regarding SegWit support because since there was no difference between a '3' SegWit address and a Multi sig address, both withdrawals and deposits should've worked before or does it mean they will process all withdrawal using SW?
Wow, hard to find this 'announcement'. Nothing to see on https://www.bitfinex.com/posts. Their Twitter account points to https://medium.com/bitfinex/bitfinex-adopts-segwit-8e6c5d72fcf9, the information provided does not make much sense.In the past they used P2SH (3) addresses for deposits and switched to P2PKH (1), guess after the hack 2016? And have now implemented SegWit addresses (P2SH-P2WPKH? starting with 3 again), which is great.
Not sure what "we can provide our customers with bitcoin withdrawal fees that are up to 20 percent lower" means. As far as I can remember they paid transaction fees during the whole BeeCash spam attack, I've never paid any transaction fees for a withdrawal, which is nice.
Using your (new) SegWit address will enable them to save transaction fees/size, which is good. However, they already used batch transactions since... a very long time.
So yes, it looks like they want to use SegWit for batch processing withdrawals and therefore ask us kindly to use a new SegWit address for our deposits (not sure, but as far as I know you need SegWit address inputs for a SewgWit transaction). But this is just my guess, the marketing story does not make much sense.
February 20, 2018, 02:41:11 PM
Who could explain the announcement regarding SegWit support because since there was no difference between a '3' SegWit address and a Multi sig address, both withdrawals and deposits should've worked before or does it mean they will process all withdrawal using SW?
February 19, 2018, 08:37:57 AM
if u were hit on flash crash and your stop loss wasnt hit, and u end up with owing them 20% of your capital?
No reason to let BFX know who you are, and if they did you didn't sign anything, at least not related to the account you margin trade on.
BFX is a little weird when it comes to flash crashage, they're crazy conservative on leverage yet stop cascades easily bring stuff to zero. Compare with the BitMEX swap, even with half the degens at 100x it doesn't zap you like that.
February 19, 2018, 08:23:32 AM
I stay away from forex and trade currency futures instead for that very reason. If you must trade forex then rather than Dukascopy I'd recommend Interactive Brokers as they place trades with all the worlds leading dealer banks. The order book you see if the best available bids and offers from all the sources.
February 19, 2018, 07:55:14 AM
dont trade the alts on margin, but only BTC/USD, there its not so liklely they will push it so down to liqudate ur account, thats whats going in my head when we are seeing another pump of the century.
Sticking to higher liquidity markets is always safer. Things like that NEO flash crash are rare but you just need to be aware that they can happen and never risk more than you can afford to lose. This is crypto so you already accepted that you may lose your coin whenever you deposit it somewhere you don't have sole control of the private keys.
February 19, 2018, 07:39:29 AM
well i traded a lot 10Years ago, i actually tradedevrything that moves, i lost a lot on ISL/EUR at 2007 just before the crash i bought a milion against the eur, and no 24/7, so it was a gap, luckly i manage to get out way before a 70% crash of ISL, and manage to have a positive balance, but it could happen i would be oweing them the saxo read this 550.000 EUR-os, if I wouldnt close with a small loss of 5K. LOL
I never hold futures over even a 1hr close period. That's the thing, you have to weigh up the risks involved in anything you do in trading. Even then the worst thing that would happen in futures trading is all the FCMs would blacklist you until you paid back the debt. With crypto trading, you don't even have that hanging over you. The chances of wiping an account at such low leverage are pretty small and the most you stand to lose is your risk capital anyway.
February 19, 2018, 07:21:23 AM
So the question is would you trade margin on bitfinex, if u were hit on flash crash and your stop loss wasnt hit, and u end up with owing them 20% of your capital?
I do trade with margin on Bitfinex. I also trade futures with much higher leverage (300x to 500x) and I've witnessed flash crashes on the S&P 500 and Swiss Franc to just name two. This is part of the risk in trading. Normally automatic systems close out the trade, that's designed to protect the broker more than the trader because they know that if your account goes negative they have very little chance of recovering the money. I really don't think 3.3x leverage is all that risky and anyway you should never trade with money that you cannot afford to lose.
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