Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 154. (Read 723861 times)

no it's not, the site really sucks! You won't be able to withdraw ltc most of the time, you will always have to wait a few hrs to a day or two to withdraw ltc, and most importantly you won't be able to cancel the withdrawal, which means your ltc will be locked for a few hrs to a day or two, by the time your ltc got unlocked the market price has changed drastically.

Is this site still going strong? I used to use it all the time back in the old days of $100 bitcoins, haha.

Any chance you will add Monero for trading?

https://bitcointalksearch.org/topic/xmr-monero-a-secure-private-untraceable-cryptocurrency-583449

It is based on the best bid/ask. I believe it does not take order book depth into consideration. So with sizable positions, be very careful with the market order button. (Same goes for trigger orders like stops)

how is the Unrealized P/L calculated?

Like let's say i short 400 and it drops a few.. if someone has a short that is lower than my short but is only .. let's say 10 ltc .. is my Unrealized P/L calculated based on that 10 or 10 and the ones behind it?

Just want to make sure when i  hit a market close.

So I would calculate it with:

{ [ ( position.size.btc * buyprice.usd ) + swapcosts.usd ] * 1.15 } / ( position.size.btc + collateral.btc)

Ente

Hello, I have a question about using bitfinex:
Does bitfinex allow a user to open a second account?
If someone here has done so, I would like to know, among other things, whether this requires using different email addresses for the two accounts.

thx! i checked my spam-mails and there it was...

Usually one-two business working day.

yes. how long does it take to get verified?

They changed the initial margin to 30% (3.33:1), requiring 15% maintenance margin.  Before, the max was 40% (2.5:1), requiring 13% maintenance.  

They also removed selectable initial margin levels since "most users set it to the max anyway", so if you were at 1:1, 2:1, etc, you can't select those anymore.  

I'm not sure why they would do that.  I thought some may still want 1:1 etc, for the reason you describe: it will lower their maintenance margin & liquidation price (for long).
https://www.bitfinex.com/pages/announcements

I know it's sunday and all, but this is -for me- a very urgent question!

Can anyone else confirm that the liquidation price changed abruptly some days ago?

Ente

Pretty sure everybody here is aware of it and what I'm pointing out is quite obvious but HOLY SHIT has the Interest rate hit rock bottom! It's so low we have already dipped multiple times into 0.03xxx for a short time like the other guy her has predicted before. We'll need a lot of bullishness to kick this rate back up. The sum of active swaps is now at 18.5 m which is like nearly half of our maximum where interest rate was just roughly at 0.1x-0.2x

We have been this low before after the bubble burst and bitcon came down from 8xx but if you realize that the huge increase in swap rate was basically the result of manipulation which was exposed by BitcoinIdiotDude (RIP!) and subsequently fixed by BFX I believe lenders are in for rough times and won't see 0.2x for a long, long time if ever.
0.04% per day is roughly 16 % per year compounded so this is slowly getting unattractive for the risk lenders take but I'm sure there are more than enough people to shove their money over because even 16 % is more than you ever see at a bank which unfortunately means we will likely drop even lower without more rampant bullishness.


Have I said anything different? Of course the problem is with Bitstamp which is why I believe BFX has pulled out. Similar situation to MtGox where BFX pulled out in time. Not saying Bitstamp is of the same caliber as the huge MtGox scam but they are definitely having problems.

The verification should last forever, once you are verified, or do you mean how long does it take?

The question is a good theoretical one, but with $18 million waiting to be lent, I think it will 100 years before that happens.

Re-read my post.

I'm NOT double clicking, but the error keeps happening.

How long does the Verfication usually last? I sent the docs, pics, etc one week ago.

Trying to set up SMS/Text based authentication, I get the following notification:

Your phone OTP setup is currently pending. Please check your emails
Please activate javascript from ringcaptcha.com to verify your phone number.

Can anyone explain how to activate the javascript or cancel the request?

I sent a couple of emails to [email protected], but nobody seems to be home.

This is the issue with Bitstamp and not BFX.

Apparently, one UK intermediate bank is refusing to service bitcoin related business.

another question:

there is a 1 hour minimum charge on a new swap. after that time, how is the swaptime calculated? per minute, per hour (so it would make more sense to close a swap closer to the next hour)?

Also I understand it correctly, that you only pay a fee for the swapduration, not for taking the swap itself (apart from the one hour minimum).

Cheers

Thanks alot!