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Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 144. (Read 723903 times)

sr. member
Activity: 248
Merit: 251
Hello, i have these questions.

1. What is the maintanance margin 15%. Does that mean that if i open a buy order for 1000$ with leverage 3.3:1  i have to have 150$ waiting in my account?
2. Can you explain the leverage 3.3:1. Does that mean for 1000$ i can borrow 3300$ or 2300$?
3. For example i have 100$. I borrow 330$ more (leverage) and buy 1 bitcoin at 430$. How much does the price have to go down for me to have my position force liquidated.
4. I see there are swaps for 3 days, some are 30 days. For example i borrow money for 3 days but doesn't sell after 3 days. Does my position is force liquidated to repay the lender?

Thank you
hero member
Activity: 784
Merit: 1000
Casper - A failed entrepenuer who looks like Zhou
I dont see signicficant volume for both mining contract increase on BFX, neither on orderbook or trade history. Where are they?
newbie
Activity: 6
Merit: 0
Buy/sell API is not working.
Support is not unswering.

Very nice exchange market!

-- Dmitry
full member
Activity: 141
Merit: 101
^ is this something new to linux / mac machines only or other systems?
All OSes that use the bash cli, including most linuxdistros, macOS and custom rom android, but not Windows for example.
hero member
Activity: 784
Merit: 1000
Casper - A failed entrepenuer who looks like Zhou
I expecting dump under 1 btc/th1 after adjustment

Adjust time: After 103 Blocks, About 15.0 hours
Estimated Next Difficulty:    34,754,721,333 (+16.51%)

I think Diff on end of the year will be raising hard.
For additional excitement, the supply of TH1 will increase by 25% after the next block is mined by the pool
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
^ is this something new to linux / mac machines only or other systems?
full member
Activity: 141
Merit: 101
Is Bitfinex in any way vulnerable to the vulnerability in bash that was just discovered?

Reddit: https://www.reddit.com/r/Bitcoin/comments/2heu88/if_you_are_storing_bitcoins_on_a_linuxmac_system/
Reuters: http://www.reuters.com/article/2014/09/24/us-cybersecurity-bash-idUSKCN0HJ2FQ20140924?irpc=932

It allows an attacker to take control of a vulnerable machine. More serious than the heartbleed bug and the attack is easier to execute.
newbie
Activity: 6
Merit: 0
Not able to buy/sell on pair LTC/BTC on "Margin Trade".
Orders being received and disappearing ...

Check orders, please:
104904981
104905530

-- Dmitry

you dont have enought avaible swap for margin, or this swap rate is too high, go reserve swap manually first

Ok, I see. Thanks.

Regarding exchange market.
Not able to buy/sell LTC/BTC via API.
Manually via website it is ok.

Try to buy 1 LTC at 0.0112.
Response is:
Array
(
    [id] => 104912857
    [symbol] => ltcbtc
    [exchange] => bitfinex
    [price] => 0.0112
    [avg_execution_price] => 0.0
    [side] => buy
    [type] => limit
    [timestamp] => 1411636259.308463756
    [is_live] => 1
    [is_cancelled] =>
    [was_forced] =>
    [original_amount] => 1.0
    [remaining_amount] => 1.0
    [executed_amount] => 0.0
    [order_id] => 104912857
)

I see no balance changed, no active orders.

-- Dmitry
full member
Activity: 169
Merit: 100
Not able to buy/sell on pair LTC/BTC on "Margin Trade".
Orders being received and disappearing ...

Check orders, please:
104904981
104905530

-- Dmitry

you dont have enought avaible swap for margin, or this swap rate is too high, go reserve swap manually first
newbie
Activity: 6
Merit: 0
Not able to buy/sell on pair LTC/BTC on "Margin Trade".
Orders being received and disappearing ...

Check orders, please:
104904981
104905530

-- Dmitry
full member
Activity: 169
Merit: 100
I expecting dump under 1 btc/th1 after adjustment

Adjust time: After 103 Blocks, About 15.0 hours
Estimated Next Difficulty:    34,754,721,333 (+16.51%)

I think Diff on end of the year will be raising hard.
newbie
Activity: 33
Merit: 0
Um, I sent ~2 BTC from my wallet to bitfinex, several hours ago. How long does it take till they appear in the wallet I sent them to (I sent them to the "desposit" wallet). Thanks.

Edit: It arrived. Smiley took about 9 hours or so.
hero member
Activity: 784
Merit: 1000
Casper - A failed entrepenuer who looks like Zhou
what if one person will buy all TH1 mining contract any prize, then raise prize to 3-10 btc and force all short margin to liqudation price and all short sellers will lost all money ?
And what's the point to him?

after liqudation market will buy all TH1 contract for very high prize from this one person (becouse anyone else can sell th1 without any swap, only him with all th1 or 90 % of them)
i just asking what is protection before that becouse now i see ridicious prize 1.3 on th1 and huge fake buy walls, people dont have enought swap to sell into this walls
As a shorter,would like to show concern to BFX on this too.

EDIT
After a sencond thougt, there is currently an non-effective mechenism to prent, which is adding new THS to the market. Also this action is done without prior notice. With the risk that the malicious actor have to bear it would be irrational to do it.
EDIT: and their reaction is FRIGGIN slow.
legendary
Activity: 1067
Merit: 1000
prices went up yet USD total swap went down.  I guess no more hodlers, mainly savvy traders remain

Expected outcome for the market.

In a long run game, the fool and the less experience will get wipe out.
hero member
Activity: 756
Merit: 500
prices went up yet USD total swap went down.  I guess no more hodlers, mainly savvy traders remain
full member
Activity: 169
Merit: 100
what if one person will buy all TH1 mining contract any prize, then raise prize to 3-10 btc and force all short margin to liqudation price and all short sellers will lost all money ?
And what's the point to him?

after liqudation market will buy all TH1 contract for very high prize from this one person (becouse anyone else can sell th1 without any swap, only him with all th1 or 90 % of them)
i just asking what is protection before that becouse now i see ridicious prize 1.3 on th1 and huge fake buy walls, people dont have enought swap to sell into this walls
full member
Activity: 224
Merit: 100
what if one person will buy all TH1 mining contract any prize, then raise prize to 3-10 btc and force all short margin to liqudation price and all short sellers will lost all money ?
And what's the point to him?
full member
Activity: 169
Merit: 100
what if one person will buy all TH1 mining contract any prize, then raise prize to 3-10 btc and force all short margin to liqudation price and all short sellers will lost all money ?
mjr
full member
Activity: 194
Merit: 100
Hi guys,

I just wanted to stop by to talk about the lag that some of you may have experienced.

Yesterday we experienced some lag during a period of high volume. Normally, we have been able to handle volume of this size without too much trouble, and we are investigating why we weren't able to do so yesterday. We are constantly working to improve our platform, and we have been growing rapidly. Believe me, your complaints are being heard and being worked on. but I ask that you please bear with us while we experience some of these growing pains. We are currently working on a major upgrade which should resolve any of these issues, and in the meantime, we are trying to improve performance with the current system.

Once again, we are very sorry for any inconvenience.
legendary
Activity: 1722
Merit: 1014
IS it Compulsory to invest in Trading only after lending BTC from your Website ?
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