Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 243. (Read 723903 times)

1) CFD are short term contracts and there are limitations in the max amount of days ( 30 days max)
2) higher leverage means higher risks for the liquidity provider. Markets are too turbulent in this moment to allow this....

I hope this helps

Giancarlo
Bitfinex Team

You are talking about higher leverage by the way, not higher margin...

Anyways, higher leverage means higher risk if large positions need to be closed. I am not so sure why they don't increase leverage (after all, you need market depth for that and to get that, you need more attractive options than 2.5:1 imho) but it's ont my business after all.

The feature I personally need (like, seriously need!) would be to get the information in the ledger section as CSV file download.

ok you´re right, the returns are still good, but I may be biased due to the recent high rates 

these 2 seems like a no-brainer for me and I´m not sure why Giancarlo and Raphael don´t implement them.

The first feature is basically a few lines of code and I really can´t imagine any disadvantages of this feature.
(ok maybe they have more important tasks on their to-do list)

And a higher margin would really attract more traders and increase the volume on Bitfinex.
This also seems like a no-brainer for me, because more volume of course also generates more income for Bitfinex.
Therefore I´m not really sure why 4:1 margin is not reintroduced.

Or are there any disadvantages of a higher margin, which I´m not aware of?

"Bad" is relative.  You are still getting wildly high annualized interest rates compared to, say, a junk bond.

Still, there are a number of improvements to the system that could generate more income for everyone...

1.  The option for a lender to extend expiration.
2.  The option for a lender to lend at some fixed differential from the current flash rate.
3.  The option for a borrower to keep borrowed btc/usd while closing a position.
4.  The option for a borrower to partially borrowed usd/btc with a new swap.
5.  Reinstating 4:1 margin.
6.  Fixing the borrower margin limitation that is holding us to exactly tradeable balance on reduce position orders.
7.  Fixing the borrower margin limitation that is holding us to exactly tradeable balance on borrowing usd/btc to reduce positions.
8.  Minor annoyance:  When taking BTC liquidity, the tab reverts to the USD tab.
9.  Minor annoyance:  When sorting margin open orders by price, the auto-refresh re-sorts the page by open date (this one is a real pain during active trading).

In general, the lending facility needs a bit of an upgrade.  I've also noticed it to be buggy in that I've seen my positions exceed my total borrowed swaps, and I don't seem to be paying interest on positions when I reserve them, but only when I open a position with them (but who knows, because there is no swap interest accounting details, so it's impossible to reconcile fees).

I'm sure other people have other suggestions. 

what are lenders doing now with their funds? interest rates are bad nowadays for both $ and BTC 

Makes sense. Many, if not most, users use BitFinex to do margin trading. And most of them go long only for opening a position. This, by itself, makes the BSI bullish.
And, why not? Price goes down - buy into a position to profit. Price goes up - hang onto the train and open a long position! :-)

Ente

All I can add here is this :

sure, but If I ever saw a bearish market...

Well, since there is no way to calculate it independently, it is what it is - and if it says 1:1, that's what it says.

Don't shoot the messenger but the "BSI" as announced on bitfnex.com, is a bit off, now isn't it.....


Bitfinex Sentiment Index

Our Bitfinex Sentiment Index allows you to see what the market of BTCUSD currently feels like, bullish or bearish. It is based on market participants sentiment about BTCUSD price.

BSI as of February 20, 2014 - 07:10:45 PM CET:
1:1 - Bullish

You can always post it here too. Other users could chime in or explain their view at the points.

Talking of:
Giancarlo, Raphael, did you think about that "Liquidity provider can extend the runtime" functionality?

Ente

Giancarlo and/or Raphael, you announced this a while ago:


How long before that's implemented? I have a list of feedback/suggestions to improve the site.

You are correct - sorry, I misread my balances.

margin ratio hasn't been changed.
It's still at 1:2.5.

Have a good day

Giancarlo
Bitfinex Team

Strange ...
Are your fees settled in USD or BTC?
Please go to the account setting section and set it in USD ( in case they are not ).

Thank you and have a good day

Giancarlo
Bitfinex Team

I think you mean spread (the gap between bid and ask). Slippage is when you buy, but your bought amount is greater than the lowest ask, so you buy up the lowest ask plus any asks above that until your order is filled. The price has then "slipped" upwards for you (and vice versa for a sell).

strange margin order deletion again:

position -10 btc
buy limit order +20 btc

partial execution with 3 btc - order removed
??
edit:
my limit orders are treaded like fill or kill

Volume. Slippage.

A lot of the new exchanges fail because they don't have any volume, and thus there is too big a gap between bids and asks (slippage). 

You either have to convince everyone that your exchange is amazing, or you can bootstrap by using the volume of an existing exchange.

Newbie here.
I just don't understand why Bitfenix not try put all their trading only at Bitfenix like all other independent exchanges do?

Point well made,
did not consider that !

Thanks


P.S.:

The more I think about it, the more I think that if they implemented "Un-Limited Trading" that just maybe the volume would pick up to the point of not needing Stamp for Liquidity.

And now with Gox and Stamp having the problems they are, would be the perfect time to do it in order to gain a influx of new customers.

Sometimes it pays to think outside the box, what they would have to compare is their current revenue to projected revenue on the new plan, should be pretty simple, simply times the future number of new customers.