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Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 335. (Read 723990 times)

legendary
Activity: 2618
Merit: 1007
Arbitrage between Bitfinex and Bitstamp should be REALLY profitable by now! Shocked

Both also pay out quite reasonably fast, so it might be possible to make a few hundred low-risk bucks per week.
hero member
Activity: 868
Merit: 1000
Hello guys,

I just post a quick note to say:

We are waiting for a last week big wire to be credited on Bitstamp today
We have sent another wire today
(both should really help as we have really sent out a lot)

And within a few hours, we will upgrade the platform. You will experience a downtime, we'll make it as short as possible.

Thank you all
Raphael
full member
Activity: 238
Merit: 100
Right now, bfx price is ~520, btsp at 490... what will happen once bfx has $ on btsp?  Will bfx price drop towards btsp price?
full member
Activity: 237
Merit: 101
Your margin is in danger! Your positions will be closed when your net value falls below margin requirements. Please either make deposit now or liquidate some positions yourself.  deposit now

^ I have 2 x the margin requirement, why is this still saying that?

Because you are shorting BTC?  Wink
full member
Activity: 238
Merit: 100
Your margin is in danger! Your positions will be closed when your net value falls below margin requirements. Please either make deposit now or liquidate some positions yourself.  deposit now

^ I have 2 x the margin requirement, why is this still saying that?
legendary
Activity: 1067
Merit: 1000

Thanks for the update Raphy, don't forget to take a good night's sleep now and then, I can imagine that managing a rapidly growing business is quite time-consuming.   Smiley


I won't need that much sleep if I know my business is growing.


On a side note, I hope you guys can stabilize the link between your exchange and bitstamp.


To remedy the problem long term, you should probably try to attract "miner" and give them "incentive" to sell at your exchange.

legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Hello everyone,

First, yes I'm aware of the auto-renew issue, I have not taken care of as we're still waiting for the upgrade to come in.

Secondly, the upgrade of the platform has been delayed to Monday. Sorry, one week-end of slowness still.

To finish, the "No BTC reserve" problem was related to a miscommunication with Bitstamp API, not actually low reserve of BTC Smiley

That's all for now, have all a good week-end
Raphael
Bitfinex team

Thanks for the update Raphy, don't forget to take a good night's sleep now and then, I can imagine that managing a rapidly growing business is quite time-consuming.   Smiley
member
Activity: 106
Merit: 10
Hi

I put a stop sell order @399.5$ just before it went down from 400 to 390$ on stamp (more exactly: at ~23:06 GMT). For some reason it hasn't been executed? (custom routing not set)

If the price would have been 399.4 when I placed the order, wouldn't it still execute?
hero member
Activity: 868
Merit: 1000
Hello everyone,

First, yes I'm aware of the auto-renew issue, I have not taken care of as we're still waiting for the upgrade to come in.

Secondly, the upgrade of the platform has been delayed to Monday. Sorry, one week-end of slowness still.

To finish, the "No BTC reserve" problem was related to a miscommunication with Bitstamp API, not actually low reserve of BTC Smiley

That's all for now, have all a good week-end
Raphael
Bitfinex team
full member
Activity: 133
Merit: 100
Maybe they withdrew the BTC from 'stamp to their cold wallet? Risky move though in case it crashes right now...
Well, good thing that BTCs can be moved fast... 1h later everything was back to normal again!
legendary
Activity: 2618
Merit: 1007
Maybe they withdrew the BTC from 'stamp to their cold wallet? Risky move though in case it crashes right now...
full member
Activity: 133
Merit: 100
wow, now both USD and BTC reserve on stamp are gone. Out of curiosity, how can that be? I'd expect when people bought plenty of BTC on stamp with the USD, they should be available there for trading, right?
legendary
Activity: 2618
Merit: 1007
As far as I understand it, no. Just like users on Bitstamp right now don't have access to Bitfinex' books.
legendary
Activity: 1834
Merit: 1019
With CoinSetter mixing their order pool in with BitStamp, does that mean BFX will have access to CoinSetter's order books and vice versa as well?

http://thegenesisblock.com/coinsetter-launches-us-bitcoin-exchange-cross-exchange-liquidity-coming-soon/#!
legendary
Activity: 1870
Merit: 1023
The renewing has been an ongoing problem.  Up until now, Raphael was quickly fixing the problem (it seemed to go away and not come back for a month or more).  This past month it doesn't seem fixed.  I've given up and am using auto-lend at the flash rate.



legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
I've been noticing another issue while lending, which is that my loans are sometimes not being renewed even when I have auto-renew on. It happened a few times today and I double-checked the last time to make sure my outstanding loan had auto-renew enabled, yet shortly thereafter the position was closed and the loan offer was not recreated. Is this happening to anyone else? Let me know if you need more details.

This happens to me all the time.  Raphy has already been notified, but is still working on a solution (or is working on other things atm).
legendary
Activity: 980
Merit: 1008
Quote from: unclescrooge link=topic=119745.msg2414484#msg2414484
4) A streaming API, using the ZeroMQ socket framework, is currently being developed for the fastest interactions possible.
What's the status on the streaming API?
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
Can an admin cofirm, that loans under X minutes, do not pay intrest?
member
Activity: 111
Merit: 10
I like the site, however a few things:

- When i change my account seetings that i dont want a mail on withdrawel/deposit  it just won't change the settings.
- accessing the site on a iPad or an Android phone is an hassle.
- sometimes a tad slow.


Greetings
sr. member
Activity: 342
Merit: 250
I think you guys are doing a great job and appreciate your answers in this thread.

I've been noticing another issue while lending, which is that my loans are sometimes not being renewed even when I have auto-renew on. It happened a few times today and I double-checked the last time to make sure my outstanding loan had auto-renew enabled, yet shortly thereafter the position was closed and the loan offer was not recreated. Is this happening to anyone else? Let me know if you need more details.

Also I second the notion that interest should always be based on rounding up to the nearest full hour, as someone earlier in the thread believed that 1-59 minutes of interest would count as zero hours. I believe that the bitfinex admins said that interest was rounded up except for some rare occasions when a loan was only outstanding for less than 5 minutes, I just want to make sure that that's still the case. Preferably even 5 minutes should round up to an hour, but if that's technically challenging to implement then it's not a big deal.
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