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Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 183. (Read 723861 times)

hero member
Activity: 697
Merit: 501
Something is up with the swap returns for USD.  The offers all just got cleared.  I think there is a problem.  Anyone else see that?

I have an offer up that I am trying to cancel right now, but nothing seems to happen when I hit the cancel button.

Update:  Ok, looks like the order book was just cleared for a moment.  Orders seems to be coming back in now, and I successfully cancelled my USD swap offer.
That was really weird.
full member
Activity: 224
Merit: 100
By the way, what rate should I use to poll api.bitfinex.com with no risk of being a "bad bot"? Is 1RPS acceptable?
hero member
Activity: 868
Merit: 1000
Hello guys,

api.bitfinex.com and www.bitfinex.com both suffered a DDOS attack this morning, which is why Incapsula challenged all visitors and blocked legitimate bots along with attackers. Really sorry about this side effect.

We will see in the future how to allow "good bots" if possible.

Thank you for your understanding
Raphael
Bitfinex team
hero member
Activity: 699
Merit: 501
Coinpanion.io - Copy Successful Crypto Traders
sr. member
Activity: 308
Merit: 250
They should just whitelist IP's which actually trade.
newbie
Activity: 57
Merit: 0
Same problem here with "Incapsula incident"

I though Bitfinex was one of the best exchanges, now they're throwing garbage errors at my robot...

I can understand if they're getting DDOsed, but a bot pinging for tickers once a second shouldn't be a problem.
Sent a contact query, lets see how long they take to reply
hero member
Activity: 699
Merit: 501
Coinpanion.io - Copy Successful Crypto Traders
I have the same problem here, it started some hours ago, i already contacted their support but no answer by now.

I experienced the same.
But i discovered than during last 2 days my bot sended "ticker" requests every 1 second (or even 2 times per second)
Fixed now.

May be they just changed parameters of anti-DDOS system for "programmers with not straight hands"?

Now i can send one request, but after that any others cause "incapsula incident".
When i waiting about 15 minutes - one request is allowed again.


On BTC-e,  when API-cloud ban you for overloading, you have just to wait about 1 hour.
May be here is the same?
Who know, how long "auto-ban" stays?

Wrote to support about 5 hours ago - no answer yet.


My last succesfull request was 3 hours ago.
newbie
Activity: 2
Merit: 0
I have the same problem here, it started some hours ago, i already contacted their support but no answer by now.

I experienced the same.
But i discovered than during last 2 days my bot sended "ticker" requests every 1 second (or even 2 times per second)
Fixed now.

May be they just changed parameters of anti-DDOS system for "programmers with not straight hands"?

Now i can send one request, but after that any others cause "incapsula incident".
When i waiting about 15 minutes - one request is allowed again.


On BTC-e,  when API-cloud ban you for overloading, you have just to wait about 1 hour.
May be here is the same?
Who know, how long "auto-ban" stays?

Wrote to support about 5 hours ago - no answer yet.
hero member
Activity: 699
Merit: 501
Coinpanion.io - Copy Successful Crypto Traders
I'm getting the following error when I try to access the API:

Request unsuccessful. Incapsula incident ID: 163000790008533724-465516378349307129

What is the cause of this error?

I have the same problem here, it started some hours ago, i already contacted their support but no answer by now.
legendary
Activity: 1615
Merit: 1000
I'm getting the following error when I try to access the API:

Request unsuccessful. Incapsula incident ID: 163000790008533724-465516378349307129

What is the cause of this error?

Hi, I'm not in any position to know about Bitfinex operations, however Incapsula is a DDOS prevention service. Given the error, it seems likely they're experiencing heavy traffic, possibly a DDOS on the API, or perhaps Incapsula is just bugging out.

newbie
Activity: 1
Merit: 0
I'm getting the following error when I try to access the API:

Request unsuccessful. Incapsula incident ID: 163000790008533724-465516378349307129

What is the cause of this error?
jr. member
Activity: 56
Merit: 10
Hello Guys,

how to put up a liquidity offer at frr rate through the API. also, can you set a autorenew rate/range via the API?

Cheers
full member
Activity: 172
Merit: 100
Very good job detailing the "opened at" time! Much more precise!
sr. member
Activity: 266
Merit: 250
Guys, what happened with the notification boxes?

Since a week or two I get like 4 to 5 messages stating that an order is placed/executed/cancelled. It scares the hell out of me every time that happens. Huh
legendary
Activity: 2126
Merit: 1001
Risk assessment most likely? If your trading servers are somewhere where "they" have strong leverage to shut the servers down, your HK company won't help.

Not in the US and not in Hong Kong.
They are in a safe place.

Have a good day

Giancarlo
Bitfinex Team
Hi Giancarlo

I have a question.

I just put my BTCs as SWAP provided with the function "Auto-Renew" and I accidentally left "30 days" as default option.
I just wanted to try out the feature, are my BTCs now "trapped" in SWAP provided for 30 days?
How does it work? I just deactivated the "Auto-renew" function. Does it mean that when the user/users who is borrowing my BTC to short closes his position I can have my BTC back and use them for margin trading or withdrawal (before the 30 day period)? How can I access my BTCs without having to now wait for 30 days?


Thanks.

Well, maybe post details of the exact swap we are talking about here. If you are lucky, the person who took it reads here and releases it.
It can be identified with the date it will run out and the sum of the swap(s).

Ente
legendary
Activity: 1868
Merit: 1023
Wow: $3.8 million demand for USD swap at the FRR (0.2045% and falling).
legendary
Activity: 1868
Merit: 1023
I think the USD swap rate is lagging the market price. A large price rise started in May 20th - but the FRR was at 0.08% until May 25th.  When the FRR peaked on June 4th, the rally was over.

The price peak on June 16 was close to the FRR peak of June 15.

The price is up $60 since the $540 bottom, but FRR is still in decline and hasn't reacted to this slightly bullish turn.

What could happen:
1) bullish market
2) demand for swap increases FRR
3) investors wait several days to see if the FRR is going to hold (and isn't just a random spike) or to sell off other investments or otherwise raise money
4) investors transfer money to Bitfinex
5) bullish market ends and swap rates decline

In a short-lived bullish market, the investor money can arrive at the same time the BTC price and the FRR have simultaneously peaked.  At this point the FRR will fall a lot - and continue to do so even in the presence of mildly bullish news. It will take a major bull market to turn it around.


legendary
Activity: 1868
Merit: 1023
If he wants to reverse his position and had funds to do it, he could short BTC.  This is effectively the same as selling any of the BTC (with a marginal interest rate charge on the short position).
...
This will not be possible (both, technically and by the system design) since borrowed by someone funds cannot be used as basis/collateral for trading on margin.

I forgot to include the obvious caveat that he'd need enough funds to maintain the margin.

If you have the funds, this handles the case where you'd want to sell your bitcoins anytime during the 30 day period when they are frozen.
full member
Activity: 144
Merit: 100
If he wants to reverse his position and had funds to do it, he could short BTC.  This is effectively the same as selling any of the BTC (with a marginal interest rate charge on the short position).
...
This will not be possible (both, technically and by the system design) since borrowed by someone funds cannot be used as basis/collateral for trading on margin.
legendary
Activity: 1868
Merit: 1023
If he wants to reverse his position and had funds to do it, he could short BTC.  This is effectively the same as selling any of the BTC (with a marginal interest rate charge on the short position).

Alternatively this error could be reversed if it was possible to arbitrage loans.  For instance he could get access to his full capital in exchange for borrowing the BTC from someone else and paying the interest rate differential, or actually getting paid the interest rate differential if his new loans were at a lower rate.  That said - probably not a useful feature and it would make the lending/borrowing market a bit too complex.
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