Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 146. (Read 723861 times)

No payment today yet - geez, really don't get what's going on

Is it just me or hasn't there been any swap payment today?

Please stop pushing these payments later and later. We starded at like 0:00 and now we are normaly at 2:50 but today it's already 03:36 and there hasn't been any payment. Please rescedule the payment to like 02:00 or something but at least don't push it any later anymore. 

No.

Ente

Do I need to complete the verification process if I only want to buy/sell & deposit/withdraw BTC on Bitfinex?

Well, for example in BTC there are now ~3100 BTC "in line" (probably fewer if you offer up to 30 days) until your offers would be considered, so it really depends on how many people want to enter shorts right now.

Once the market moves as much as recently (remember, traders can earn either way!) there are usually more positions opened and closed, in slower periods I would guess it takes up to a week or so at 30 day FRR to cycle through.

First off, thank you very much for the answers, that helped out a lot.  I think this last question did not come across the way I was thinking it would, let me rephrase.

If I do the auto renew option and choose the "FRR cruise control" option, how long, on average, should I expect to wait until it is taken and I start earning interest again?  I understand that the time frame is variable on different market happenings, but a rough estimate based off of experience.

Me too. When I got my payment yesterday I immidiately thought: "well, a bit low isn't it?" but it was very turbulent day, so I didn't make anything of it but I've received another 5,7 % (like you) more at the normal time. BFX probably had a short outage for the swap collection and paid it manually. It has happened before afaik.

Unfortunately I have no referral bonus (man, you early guys must have made MAD bank on BFX with the huge interest at the beginning, the 10x november bubble and the referral system) but I've getting quite a few of my swaps returned but not anything really cascading so far where you suddenly have half your swaps back. 

At least people I referred do not yet seem to be getting liquidated (I didn't receive a fee cut from any of them - and a few are probably heavy traders).

Weirdly though, I received interest swap payments twice today (the second time only for a very small amount: ~5% of the first one).

I really hope BFX has his margin call defender polished and loaded. We are dropping scarily fast and are already at 383 with over 21.2 millions of open longs. These can't all be 100er longs, can they? This is getting a bit worrisome imho.

"I get that part, but that person can then decide to cancel at any time?"
Yes.

"And if I have autorenew on, my offer just gets put behind the other 2300 btc of offers that are currently at the flash return rate?"
If you autorenew at FRR, then yes. Otherwise it would autorenew at the duration and rate you set when enabling autorenew.

"Also, what is the "offer count" number that is on the right column?"
The total number of offers at that rate (e.g. there are ~260 offers totalling ~1400 BTC at FRR in the BTC lending market at the moment)

"Does that mean there are 350 offers of 2300 bitcoins?"
No, there are 350 offers at ~6.6 BTC each on average (or one huge for 2000 BTC and 349 smaller ones), totalling 2300 BTC.

"Does anyone have experience how long my offer would sit there until it gets taken?"
Depends a lot more on external factors and the attractiveness of your offer (if you can live with 0.001%/day in interest, you can immediately lend out coins) than on "experience".
Currently I'm in "FRR cruise control" rather than managing my positions manually, since it's not 100% clear anyways where the price will go and rates are so low anyways, that I don't really see the point in checking everything for 20 min/day just to maaaybe get 50 cents more interest or something... with the risk of pricing too high or low and loosing out against FRR anyways.

So I have a question about how swaps work.  I have bitcoin in my account, and want to earn some interest.  So I offer a swap at 7 days length, xx interest rate, and 1 btc contract.  Someone accepts the swap and then I start earning interest.

I get that part, but that person can then decide to cancel at any time?  And if I have autorenew on, my offer just gets put behind the other 2300 btc of offers that are currently at the flash return rate?  Also, what is the "offer count" number that is on the right column?  Does that mean there are 350 offers of 2300 bitcoins?  Does anyone have experience how long my offer would sit there until it gets taken?

Can you update on your situation? Was it really a virus or was BFX able to resolve the problem? I really hope for you the coins are not gone.

With that many coins and with the volume of activity today, I'm guessing its got to be manually reviewed.  I've moved that many coins and more through Bitfinex many times in the past with no issues, so I wouldn't worry too much.  Even if its in manual review, that usually only takes a few hours, though it may be a bit slower on a crazy market day like today.

Please, I'm trying to get an answer here.

I think he means why not have a tertiary authentication so any yahoo who gets your password and email does not walk off with your money.

I'm not sure what you mean.  Google authenticator sure isn't going to help a delayed withdrawal; or prevent such a thing from happening.
I think bfx personnel monitor this thread, so I'm hoping for a response.

Why would you not take the 5 minutes to setup google authenticator on that sum of money.  You realize if something were to happen there is no recourse?

I just withdrew about 44 coins from my exchange account.  I don't have SMS or google authenticator set up, so I am waiting for the email to verify the withdrawal.   How long does it take, or is 44 big enough to require manual processing, and how long does that take? What's the procedure?
Would appreciate some help,
If somebody from Bitfinex reading this can check on my withdrawal and explain what's happening with it, I would be most grateful.  I will pm my username to you. And the address I withdrew the coins to, if you need it.

What is that about?