Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 140. (Read 723861 times)
October 04, 2014, 04:47:49 PM
Hello, i need help with orders. I deposited 0.2 btc and want to short with margin. I want to sell 0.2 btc with margin at market level 327 (i did that). 0.6 btc total. Then i want to put stop order at 351. And my target price to rebuy is 287 and take the profit. What orders and what type should i place?
October 04, 2014, 04:39:35 PM
Bitfinex makes less money from fees if BTC is only worth $100. They sell several other contracts (LTC, TH1, Darkcoin), but I think they are all heavily correlated to the price of BTC.
October 04, 2014, 04:25:13 PM
In terms of daily vs term swap:
Changing from daily to term shouldn't change what rates I had locked in right? I'm thinking it only changes the mechanism of payment (from me paying the interest daily to the interest being accumulated and the USD being used to pay my BTC swap cost borrowed from the swap market) but not the swap term
Is this correct?
Changing from daily to term shouldn't change what rates I had locked in right? I'm thinking it only changes the mechanism of payment (from me paying the interest daily to the interest being accumulated and the USD being used to pay my BTC swap cost borrowed from the swap market) but not the swap term
Is this correct?
October 04, 2014, 04:11:36 PM
I don't really get your question... BFX does not take part in trading, they only scalpt off their profits from ours. It doesn't matter if 1 BTC = 1 USD or 10k USD.
October 04, 2014, 02:23:19 PM
I'm aware I likely won't get an honest answer but I'm still trying: how independent is BFX from the Bitcoin price? The huge margin longs aside I'm getting a bit scared seeing btc reaching lower and lower prices.
Will you goes still be here when btc is at 200 in a month? Will you be here when it is at 100 on Christmas?
Will you goes still be here when btc is at 200 in a month? Will you be here when it is at 100 on Christmas?
October 04, 2014, 09:17:38 AM
In case anyone else had this issue, I just had an email from Raphael - this was a change they just made, but it has now been tweaked so that you can trade 0.01 BTC.
/Steve
/Steve
October 03, 2014, 11:53:08 PM
Just noticed all my smaller orders (anything < 0.1 btc) are getting rejected "Invalid order: minimum amount for trading order is 0.1". When did this change? Or is it an error?
/Steve
/Steve
October 03, 2014, 02:08:17 PM
Hey All,
Just wanted to explain a little bit about the TH1 contracts.
We issue the additional contracts by first, getting the hashing provider to agree to lease us the additional hashing power, then we sell them in bulk to a market maker at a mutually agreed price. The market maker then releases the contracts into the market by either selling them or lending them, or alternatively, holding them and earning the block rewards. Bitfinex has no interest in or control over the the order book. The announcement of commencement after the next mined block for the additional contracts is merely to be establish a future (but unknown) delivery date/time from our hashing provider to our market maker. It also creates transparency in the accounting of the block rewards.
Please remember that this is a beta test for us and that our issuance practices will likely evolve over time.
Just wanted to explain a little bit about the TH1 contracts.
We issue the additional contracts by first, getting the hashing provider to agree to lease us the additional hashing power, then we sell them in bulk to a market maker at a mutually agreed price. The market maker then releases the contracts into the market by either selling them or lending them, or alternatively, holding them and earning the block rewards. Bitfinex has no interest in or control over the the order book. The announcement of commencement after the next mined block for the additional contracts is merely to be establish a future (but unknown) delivery date/time from our hashing provider to our market maker. It also creates transparency in the accounting of the block rewards.
Please remember that this is a beta test for us and that our issuance practices will likely evolve over time.
October 02, 2014, 01:09:18 AM
How is that new PR guy doin? 
October 01, 2014, 08:19:55 PM
When the contract expires on Dec 15 at the fixed time they should buy back all the shares for 0 BTC.
They should announce in advance how many shares will be issued AND the price.
I was wondering this last supply increase too They should announce in advance how many shares will be issued AND the price.
October 01, 2014, 06:35:02 PM
When the contract expires on Dec 15 at the fixed time they should buy back all the shares for 0 BTC.
They should announce in advance how many shares will be issued AND the price.
They should announce in advance how many shares will be issued AND the price.
October 01, 2014, 06:21:42 PM
what if the contract expires for Th1 at 15.12 ? investment away?
payout?true, and what if someone will never sell share and you need paying forever swap cost ?
on deadline bitfinex need sell high amount shares for 0.0001 btc to close all positions, this is only solution
every new 100 shares should be selling for estimate profit prize, this mean 0.9-1.btc, we have now 1.3 btc prize, this is fake pumped prize, just becouse this market can be manipulated with present conditions. Market with limited coins and margin trade, need some regulations, becouse now can be manipulated by high swap cost when prize is high, and person who manipulating pumping prize, and giving only high swap cost th1.
October 01, 2014, 06:20:08 PM
How is Bitfinex selling the newly issued TH1 shares?
For instance, you just issued 100 more today. However in the past 24 hours, only 25 shares have been traded and I don't see the 100 on the order book.
For instance, you just issued 100 more today. However in the past 24 hours, only 25 shares have been traded and I don't see the 100 on the order book.
i facking angry too wtf is wrong with bitfinex ? 100 more shares and what ? where they are ? market selling shares or what ? bitfinex please answer me with details what are you doing with 100 more shares every time ?
October 01, 2014, 05:13:59 PM
what if the contract expires for Th1 at 15.12 ? investment away?
payout? October 01, 2014, 03:05:19 PM
How is Bitfinex selling the newly issued TH1 shares?
For instance, you just issued 100 more today. However in the past 24 hours, only 25 shares have been traded and I don't see the 100 on the order book.
For instance, you just issued 100 more today. However in the past 24 hours, only 25 shares have been traded and I don't see the 100 on the order book.
October 01, 2014, 04:58:59 AM
Could anyone tell me what this mean:
That's from my order history. It says:
insufficient margin, was: partially filled @ 380.xx(xxx)
I placed a limit buy order using all my balance but it was only partially filled. From bitcoinwisdom, I could see that the price went deeper than my buy price but my order wasn't filled and the order disappeared even though I didn't cancel it and it was partially filled and I ended up with some dollars in my account
I'm also not using Margin trade. That's an Exchange limit buy order.
That's from my order history. It says:
insufficient margin, was: partially filled @ 380.xx(xxx)
I placed a limit buy order using all my balance but it was only partially filled. From bitcoinwisdom, I could see that the price went deeper than my buy price but my order wasn't filled and the order disappeared even though I didn't cancel it and it was partially filled and I ended up with some dollars in my account
I'm also not using Margin trade. That's an Exchange limit buy order.
September 30, 2014, 03:04:41 PM
Website is going slow. Page loads can take 10 seconds.
AJAX: GET _trading_wallet just took 5 seconds.
AJAX: GET _trading_wallet just took 5 seconds.
September 30, 2014, 02:55:09 PM
One other oddity with swaps - seems like the timer gets reset (or possibly rounded up) on an unused swap every time a chunk moves to 'used'.
Saw a request at a favourable rate, filled it, had a swap sitting there as unused with a 30 day timer. They've been regularly taking off a tiny piece and converting it into a used swap while the remaining reserved balance goes into a new unused swap with a fresh ID number. That's all fine, but the chunks that have been used for a while are now down to 29 days while the unused remainder stays at 30 days. Even briefly returning to the "about 1 month" phrasing that you normally only see when a 30-day swap has only just started.
Odds are it'll get repaid before the timer runs out, so... whatever, I guess. But when I filled the request I thought I was saying "Here, you can have these funds for 30 days at most", not "Let me know when you want the timer to start and then we'll count to 30 from there".
Saw a request at a favourable rate, filled it, had a swap sitting there as unused with a 30 day timer. They've been regularly taking off a tiny piece and converting it into a used swap while the remaining reserved balance goes into a new unused swap with a fresh ID number. That's all fine, but the chunks that have been used for a while are now down to 29 days while the unused remainder stays at 30 days. Even briefly returning to the "about 1 month" phrasing that you normally only see when a 30-day swap has only just started.
Odds are it'll get repaid before the timer runs out, so... whatever, I guess. But when I filled the request I thought I was saying "Here, you can have these funds for 30 days at most", not "Let me know when you want the timer to start and then we'll count to 30 from there".
September 30, 2014, 12:19:02 AM
Could BFX team please check if there are any issues with order placements. I just had series of orders executed via what looks like market orders, which I never do (I always use limit orders and did so this time). This resulted in much higher fees for me and wrong price. I've also had that popup window coming up as I was placing orders, mentioning that my order is "above available price", which I double checked and it was not. I was only able to discover that orders were executed at the wrong price, by looking at the history of latest trades.
Just a GUESS: Did you enter something like 380,10 (actually 38010 on the BFX system!) when you wanted 380.10?
If this is the case then you are not the first one who have learned not do use a , on BFX the hard way.
(if this is indeed the case then perhaps R should consider accepting , as a . or .. donno. consider writing something in the FAQ or something but I am not sure anyone would read that before after the fact anyway)
It could be that you did something else "not expected".
There is "nothing wrong" with order placements at BFX right now. It works just fine - yet this happened to you. This indicates that you did something different from the rest of us. Note exactly what you did and what you typed if this happens to you again. I am not sure this is true anymore but it used to be that if you entered $price (like $380) and not just a number then your order was made into a market order (not going to test if this is still true, but I do not think it is).
). The issue is gone right now and I am pretty sure that it was related to those reports of people seeing briefly other people's account data. I do know that due to caching within CDN (a part of DDoS protection of BFX servers) one could often see delayed update of the account data (I got used to just refreshing the pages and periodically just restating browser after cleaning cache and cookies). I have experienced this issue in the past when I would change settings, place order, but the order would go out with old settings, unless I reload the page. However this time It was "market order" placement and since I haven't changed the order type from "limit" for a few months, I must have "picked up" somebody else's cache in regard to settings. If this is indeed the case, BFX really needs to look into their server setup carefully (some permission settings perhaps). CDN suppose to cache only static parts of the website and/or what it is instructed to...
September 29, 2014, 08:08:37 PM
I'm using Firefox. Grey lock. Says "verified by GeoTrust Inc". Google.com is grey as well. Youtube is green.
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