[OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 240.

CambioBTC

member

Activity: 112

Merit: 10

When will Bitstamp liquidity be available again?

I understand how Stamp USD reserves got depleted watching price movement yesterday. However, I do not understand why access to BTC reserves is cut off when USD reserves run out.

Why not use the BTC liquidity to balance your reserves, rather than leave traders with a paper thin order book for an extended period of time?

Quote from: ?? on ??

When will Bitstamp liquidity be available again?

Tomorrow about 10-11 CET. I base this on when my SEPA deposits usually hit Bitstamp and assume the funds BFX sent will hit around the same time.

This no-usd-on-bitstamp thing has happened before and usually hits us traders late in the weekend since .. well you know, no bank transfers in the weekend.

Quote from: MAbtc on February 24, 2014, 02:01:01 PM

Quote from: ?? on ??

When will Bitstamp liquidity be available again?

Tomorrow about 10-11 CET. I base this on when my SEPA deposits usually hit Bitstamp and assume the funds BFX sent will hit around the same time.

This no-usd-on-bitstamp thing has happened before and usually hits us traders late in the weekend since .. well you know, no bank transfers in the weekend.

Yes, I get it. My question was why access to BTC reserves are cut off when USD reserves run out. Rather than traders serving to re-balancing their reserves, we are left with inadequate liquidity on both sides.

30-point spread
between Stamp and BFX

Circuit Breaker thrown again ?

Traders on http://TradingView.com
complaining that BFX trades not going through.

With these liquidity problems
are shorts able to close ?

can you guys like maybe not start
the liquidity problems FUD conversations,
stopped me from going short with
liquidity problems FUD and big spread difference
from stamp.

Other Traders mention their shorts closed,
just slowly.

Here's an ideal,
just as hosts have an up-time indicator,
something of the sort for BitFinex would be good
to let us know if the platform is working 100% or not.

Never know when the BFX platform is working or not with all the FUD.

Neither one of you guys have any idea of what you are talking about,
makes no sense i'm looking at the order book and everything looks fine, chalk it up to FUD
ruined my trade today posting all this FUD of yours, the orderbook is processing orders fine.

nick32768

newbie

Activity: 42

Merit: 0

What is happening to the USD Liquidity offers ?
The minimum is now 0.9485, with no evidence of big movement of the BTC quotation.

Anyone know the reason ?

Nick.

MAbtc

hero member

Activity: 826

Merit: 508

Quote from: ?? on ??

When will Bitstamp liquidity be available again?

Tomorrow about 10-11 CET. I base this on when my SEPA deposits usually hit Bitstamp and assume the funds BFX sent will hit around the same time.

This no-usd-on-bitstamp thing has happened before and usually hits us traders late in the weekend since .. well you know, no bank transfers in the weekend.

Yes, I get it. My question was why access to BTC reserves are cut off when USD reserves run out. Rather than traders serving to re-balancing their reserves, we are left with inadequate liquidity on both sides.

mccoyspace

full member

Activity: 237

Merit: 101

Looks like the Gox insiders are selling at Stamp, not BTC-e. Having btc-e up so much is pretty unusual.
(yes, the 'gox insiders' comment is fud/speculation/sarc...., but it's still strange).

gog1

hero member

Activity: 756

Merit: 500

Quote from: Bonez0r on February 24, 2014, 11:11:50 AM

Question about wire deposit:

Quote

Deposit Notification
Amount USD

By clicking the button below, I confirm that I have sent a wire transfer with the correct transaction reference and I accept that some fees may be applied by the banks involved in the transaction. No fee will be taken by Bitfinex.

What to enter in the "amount USD" field? Should i just enter the amount i enter on the bank's site? But then if my bank takes a fee, the real transferred amount is less than what i entered on BFX, won't that be a problem?

One of the suggestions on my list was that BFX get a bank account in the EU that European customers can use. SEPA transfers are less of a hassle and cheaper (no bank fees). Almost every other exchange has it.

BFX does not have an account in Europe, no SEPA. I am highly against Bitfinex creating accounts in EU or US or even Canada, risk of seizure or closing your account is so much higher. We don't need Bitfinex to become mtgox.

Bonez0r

full member

Activity: 141

Merit: 101

Question about wire deposit:

Quote

Deposit Notification
Amount USD

By clicking the button below, I confirm that I have sent a wire transfer with the correct transaction reference and I accept that some fees may be applied by the banks involved in the transaction. No fee will be taken by Bitfinex.

What to enter in the "amount USD" field? Should i just enter the amount i enter on the bank's site? But then if my bank takes a fee, the real transferred amount is less than what i entered on BFX, won't that be a problem?

One of the suggestions on my list was that BFX get a bank account in the EU that European customers can use. SEPA transfers are less of a hassle and cheaper (no bank fees). Almost every other exchange has it.

CambioBTC

member

Activity: 112

Merit: 10

Quote from: Ente on February 24, 2014, 09:50:12 AM

Quote from: trilogy456 on February 24, 2014, 09:44:23 AM

Quote from: threecats on February 24, 2014, 09:35:59 AM

Is there some kind of problem with BFX? Did they not adjust any procedures since the last flash crash where the fiat ran out? How many others had all bids go unfilled as that big dump on Stamp happened today ...?

If you're referring to what happened on Bistamp 1 hour ago, then the only thing that explains that situation is this: only limit orders on Bitstamp can be filled on Bitfinex. Market orders on Bitstamp will not make it to Bitfinex. So if that was a market order on Bitstamp, limit orders on Bitfinex would not have been matched up with it.

Disclaimer: I may be totally wrong.

I understand it that way that BitFinex orders are only executed against orders in the BitStamp orderbook. BitFinex orders are not entered in the BitStamp orderbook themselves. A sudden drop, like the market sell today on BitStamp, wasn't on the orderbook, so BitFinex users couldn't have bought at $520 either way.
Which makes me sad. But I didn't have "surprise orders" up anyway.

Ente

That's bogus,
all Stamp does are limit orders !
No Market orders !

Well you did include the Disclaimer, lol

threecats

sr. member

Activity: 378

Merit: 250

Ok guys, thanks for the info. Pretty frustrating.

Ente

legendary

Activity: 2126

Merit: 1001

Quote from: trilogy456 on February 24, 2014, 09:44:23 AM

Quote from: threecats on February 24, 2014, 09:35:59 AM

Is there some kind of problem with BFX? Did they not adjust any procedures since the last flash crash where the fiat ran out? How many others had all bids go unfilled as that big dump on Stamp happened today ...?

If you're referring to what happened on Bistamp 1 hour ago, then the only thing that explains that situation is this: only limit orders on Bitstamp can be filled on Bitfinex. Market orders on Bitstamp will not make it to Bitfinex. So if that was a market order on Bitstamp, limit orders on Bitfinex would not have been matched up with it.

Disclaimer: I may be totally wrong.

I understand it that way that BitFinex orders are only executed against orders in the BitStamp orderbook. BitFinex orders are not entered in the BitStamp orderbook themselves. A sudden drop, like the market sell today on BitStamp, wasn't on the orderbook, so BitFinex users couldn't have bought at $520 either way.
Which makes me sad. But I didn't have "surprise orders" up anyway.

Ente

trilogy456

member

Activity: 69

Merit: 10

ASICMINER shares: Havelockinvestments.com

Quote from: threecats on February 24, 2014, 09:35:59 AM

Is there some kind of problem with BFX? Did they not adjust any procedures since the last flash crash where the fiat ran out? How many others had all bids go unfilled as that big dump on Stamp happened today ...?

If you're referring to what happened on Bistamp 1 hour ago, then the only thing that explains that situation is this: only limit orders on Bitstamp can be filled on Bitfinex. Market orders on Bitstamp will not make it to Bitfinex. So if that was a market order on Bitstamp, limit orders on Bitfinex would not have been matched up with it.

Disclaimer: I may be totally wrong.

fonzie

hero member

Activity: 504

Merit: 500

Moderator

When will we get reconnected to the Bitstamp orderbook?

threecats

sr. member

Activity: 378

Merit: 250

Is there some kind of problem with BFX? Did they not adjust any procedures since the last flash crash where the fiat ran out? How many others had all bids go unfilled as that big dump on Stamp happened today ...?

CambioBTC

member

Activity: 112

Merit: 10

Quote from: whatthesith on February 24, 2014, 01:39:25 AM

Quote from: whatthesith on February 24, 2014, 01:30:40 AM

Quote from: gog1 on February 24, 2014, 01:28:41 AM

I hope some kind of automated alert is setup to refill the hot wallet. recently, the hot wallet is running out of BTC rather frequently.

Agree. Especially I am doing arbitrage between exchanges......

Delay in withdrawal means slippage Cry

Seems that BTC withdrawal is working again ......

That's probaly because of the 20-point spread that was
between stamp and bfx,
come on man wake up,
it was probaly intentionally halted,
you don't think they want you buying coins at a $20 discount
at stamp and selling them at bfx do you ?

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Just a quick compliment to Giancarlo for a quick and professionally handled verification process.

CambioBTC

member

Activity: 112

Merit: 10

Quote from: yomofo on February 24, 2014, 02:21:03 AM

We have a $20 spread between bitfinex and bitstamp right now. what the hell is going on?

where is the option to route to bitstamp?

BFX really needs to get http://TradingView.com
to implement a BFX chart, everyone is there trying to
use a Stamp chart, not the same, two different markets !

and

BitCoinWisdom.com http://bitcoinwisdom.com/markets/bitfinex/btcusd
does not have half the indicators available at http://TradingView.com
That's why all the Traders are there at http://TradingView.com

It's a GOOD IDEA to keep in tune with what it is that your customers need.

Just Traders having to take a backseat again, not really important what Traders need here.

gog1

hero member

Activity: 756

Merit: 500

btc-e now trades above bitstamp, looks like bitfinex has a huge impact on bitstamp

Rannasha

hero member

Activity: 728

Merit: 500

Quote from: yomofo on February 24, 2014, 02:21:03 AM

We have a $20 spread between bitfinex and bitstamp right now. what the hell is going on?

where is the option to route to bitstamp?

BFX sometimes runs out of funds on Bitstamp. This typically happens at the end of a weekend, because there are no deposits during a weekend. In such a case, a spread can start and grow.

yomofo

full member

Activity: 157

Merit: 100

We have a $20 spread between bitfinex and bitstamp right now. what the hell is going on?

where is the option to route to bitstamp?

gog1

hero member

Activity: 756

Merit: 500

I had to cancel and resubmit mine. and now it show up in the blockchain as unconfirmed

whatthesith

copper member

Activity: 301

Merit: 10

simply getting the job done

Quote from: whatthesith on February 24, 2014, 01:30:40 AM

Quote from: gog1 on February 24, 2014, 01:28:41 AM

I hope some kind of automated alert is setup to refill the hot wallet. recently, the hot wallet is running out of BTC rather frequently.

Agree. Especially I am doing arbitrage between exchanges......

Delay in withdrawal means slippage Cry

Seems that BTC withdrawal is working again ......

Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 240. (Read 723903 times)