Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 219. (Read 723903 times)

I hate hidden order. We have to pay more fee now. I almost pay 30% fee more than before. I don't know whether I can believe bitfinex again, may be it's time to leave bitfinex!

Hey,

Giancarlo
Bitfinex Team


Instead of focusing on placing BitFinex within Qt-Trader, which is cool,
but at the same time lists you with every other BitCoin Exchange, ie: Competition,

Here is a Client Exchange SoftWare somewhat similar to MT4, but better, and probably less expensive,
These guys are using it:

https://upbit.org/en/terminal/for-desktop/

And Calling it "CopperLark" under a white-label agreement,

But it's Dev is here:

http://protrader.com/

http://blog.pfsoft.com/


This is one HOT piece of software,
they also have a web-interface whereas
customers can have a choice of using the client software terminal,
or using the web interface, check it out, DownLoad is FREE, this could give BitFinex the EDGE with Traders !

You just need to get him quicker next time.

some bastards are spoiling the market with huge wall every 2-5$ interval.. when reaching him he just cancel the ask order and move back.... i hope some rich guy just buy all the spoiler coins..

have a look here: http://charts-bfxdata.rhcloud.com
tables and charts, showing exactly what you are looking for
Look at the tables below the graphs and you can see the rates, periods and amounts of all offers / demands.

Ok, I have generated an API key, but how do I view the API, is there a tutorial somewhere?
I see the URL, but I don't know how to use it.

You can see this using the API.

When viewing the Total Return Swaps screen and browsing the offers, often times there are multiple offers at any given interest rate and the number of offers is displayed for instance 3 offers all at 0.14%.  Sometimes the length of the offers very so the display will be something like 2-30 days.

Is there anyway to see a breakdown of the money offered for each different term.  It is possible that on a $10,000 offer maybe $9,000 is offered for 2 days and $1,000 is offered at 30 days, or the opposite could be true, $1,000 is a 2 day offer and $9,000 is a 30 day offer.  Is there a way to see this breakdown?

It would be useful when setting my lending rates.

Peace

Well,

As for the service,

I have to admit there is not much better out there to be had at the moment,

Guess he knows that and it affords him the luxury of being "Asinine" at will,

Their excuse for charging us more fees was,

Hey  "Bitcoin is a Volatile market, not a Bond yielding 3% a year"

Great, that's all the reason in the world, charge us more why don't you.

If it's that great, then invest in a Professional Customer Service staff whereas

we can get answers to questions when asked and not have to deal with "Arrogance".

Words to the Wise !

thanks for the clear response. i really appreciate the service you provide

Why are you making reference to

BTC.sx

that's BTC.sx

not

BitFinex / BFX

Totally Irrelevant.

A "Zebra Does Not Change It's Stripes",
Giancarlo of Bitfinex Team, as "Asinine" as ever,

Why does that not surprise me at all ?

Yawn

I think your guess is right.
Although Bitfinex still much room for improvement,  I support them in this regard for security reason.

looks like the litecoin hot wallet went out of money.  I have my withdraw in pending approval.

Just one problem with that,
they never answered the question above,
two of them came on-line and conveniently avoided the question,

But I'm use to them not answered my questions,
as they always tell the customers, "You are not obliged to stay",
I'm reviewing my options, searching for greener pastures, really don't even have to be so much greener.

These guys have some serious attitude problems, imho.

For me I only see that as problems down the road,
if they don't give a damm about how you feel now, then what's next ?
draw your own conclusions, it's every man for himself,
like those that stuck around for the Gox debacle,
in my opinion got just what they deserved,
the writing was all over the wall.

I actually.. see alot of people being really unreasonable.
Overall, Bitfinex is really doing a good job giving a us leverage trading  (Thou it will become better with more volume in the future).
They have a system, it's decent and you and I as a trader/bag holder whatever have a choice to USE THIS system.
The ID checks and etc is a good thing why? Cause it protects them and us. I used to do forex trading and it was always a required step.
I got nothing to hide or lose as long as they have a strict confidentiality agreement on the documents that was given to them.
Overall a very good system.
it will be nice if I can insert buy/sell or maybe i should test out the OCO hahah

Thanks so far.

Hi Raphael,

What I don't like about this approach is that it still isn't "waterproof", you still can't use it properly in a hands-off fashion. A partial fill would mean that either the market bounces at your limit order but continues in the same direction (that would be fine), or that it has turned around precisely at the point of your limit order. In the latter case you'd really need the stop that got canceled, but your position now is without protection. This doesn't give you peace of mind, even when you're 100% clear about your trading plan.

The other approach leaves you only with the risk of slippage, which you always have.

If, as you say, you choose to change your plan in case of a partial fill, you could still do so in the second option. You'd just have to cancel both orders separately, if I understood correctly. I don't see any downside in this.

Edit: This brings me to a feature proposition: It would be nice if one day you could "edit" open positions, without having to cancel them and open a modified version. Like just changing the limit price of an open order...


I was just commenting on Arepo's allegation that traders could still keep their 4:1 leverage.

I don't have any problems with the lower leverage -- liquidity and market depth have to be adequate for higher leverage. Imagine how the flash crash on Feb 10 would've gone if  people had been long at 4:1... However, I enjoyed the 4:1 in the November bull run, but I agree, safety is the top priority here. Where would we be as traders if no one provided liquidity...

if this is the reason behind the recent increase in fees there are much better solutions

pinnaclesports.com (one of the major bookmakers in the world) has a system where every customer gets 1 completely free withdrawal per month.
And because they also try to prevent people depositing/withdrawing excessively they have a policy where each additional withdrawal
is charged with a flat fee.

By that structure they incentive people to withdraw responsibly and minimize unnecessary transactions.

But I guess you won´t change it anyways, just wanted to mention there are other possible solutions for the problems you
experienced 

Hello,

We have chosen the former option, ie as soon as your limit order is partially filled, the stop order is entirely cancelled.  Because you could chose to change your plan in case of partial fill.
Of course this is not set in stone and depending on further feedback we may change this behavior.

Please also note that at the moment, you have to place your stop price at least 1% away from the ticker price for OCO orders.

About the leverage I hear you, and hope we can enable higher leverage soon once we are more comfortable with our liquidity and volatility.

Thank you for the feedback, have a good day everyone
Raphael