Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 358. (Read 723558 times)
July 03, 2013, 04:33:31 PM
can someone explain me? why are the loans for $ so high if BTC is falling?
July 03, 2013, 04:26:54 PM
aww, looks like most of the fun is over.
By the way, what happens if people lend money for under an hour. Can they lend interest-free, do they pay for a full hour....?
By the way, what happens if people lend money for under an hour. Can they lend interest-free, do they pay for a full hour....?
July 03, 2013, 04:13:52 PM
Trading on the gap between bitstamp and gox?? It's about 5%
Yeah, I sold coins at gox for 5-6% profit, recently rebought them at 2% profit. It's been a nice bet
. Now if only you could leverage on GOX, could short on GOX at the same time you leverage buy on bitfinex, then just cover your short in BTC. Although I guess you can buy 5% below GOX and get it over to GOX in plenty of time.
July 03, 2013, 04:11:45 PM
Trading on the gap between bitstamp and gox?? It's about 5%
Yeah, I sold coins at gox for 5-6% profit, recently rebought them at 2% profit. It's been a nice bet
. Things could get crazy next few days though (for the arbitraging, the lending rates obviously are already crazy at the moment).
July 03, 2013, 04:09:46 PM
And all the "insurable funds" for USD are used up. Is that a first?
Yes, just wish I had BTC lying around that I could convert to USD.
July 03, 2013, 04:08:47 PM
And all the "insurable funds" for USD are used up. Is that a first?
July 03, 2013, 04:06:48 PM
Trading on the gap between bitstamp and gox?? It's about 5%
July 03, 2013, 04:04:58 PM
There are 0 funds available to be borrowed, all offers are out! Crazy!
well there were when I got the message. now there realy aren't any
July 03, 2013, 04:04:36 PM
There are 0 funds available to be borrowed, all offers are out! Crazy!
Indeed, quite an epic 'WTF!'. Somebody just went apeshit. (Could be time for a nice bounce though)
July 03, 2013, 04:03:29 PM
market order: "no reserve active"?
what does that mean?
what does that mean?
July 03, 2013, 04:03:13 PM
There are 0 funds available to be borrowed, all offers are out! Crazy!
July 03, 2013, 03:47:30 PM
I closed my gox <--->bitstamp/bitfinex arbitrage at a profit, brought back the cash to bitfinex, now my bid at 1630% was taken, feeling like a boss 
.
(sorry, I had to brag, even if its only for a small amount
)
EDIT: and BTC rates are still around 4%, can you believe that?
.(sorry, I had to brag, even if its only for a small amount
)EDIT: and BTC rates are still around 4%, can you believe that?
July 03, 2013, 03:26:36 PM
Looks like rates are up again. A lot less USD in there to borrow then their use to be. I remember over 1 million USD being lent out on the site.
July 03, 2013, 10:59:49 AM
I'm surprised GOX isn't at least an option.
July 03, 2013, 07:18:50 AM
The bitstamp routing is kinda useless to me.
The mkt eventually will gravitate toward the gox price anyway.
That's why all the charts are being drawn with gox price.
At the same time the stamp/gox spread oscillates in completely random fashion
all the time which only drives me crazy. No trading's possible in such environment.
Is anyone experiencing similar mindfucking?
We need routing to the largest exch
by volume or no routing at all..
The mkt eventually will gravitate toward the gox price anyway.
That's why all the charts are being drawn with gox price.
At the same time the stamp/gox spread oscillates in completely random fashion
all the time which only drives me crazy. No trading's possible in such environment.
Is anyone experiencing similar mindfucking?
We need routing to the largest exch
by volume or no routing at all..
July 02, 2013, 09:48:51 AM
For the first time in a long time, the USD interest rates are going through the roof. Currently everything up to 1800% APR is taken.
Might have been someone REALLY wanting to go long? It seems to be over now. If you want a ~50k USD long position RIGHT NOW, you would drive rates up again though.
July 02, 2013, 07:33:49 AM
It's amazing that we're in a bear BTC market and the BTC loan rate is only 4%.
Yeah, I don't get that either. I am thinking it 'll go higher eventually..
July 01, 2013, 11:24:04 PM
It's amazing that we're in a bear BTC market and the BTC loan rate is only 4%.
http://www.youtube.com/watch?v=piVnArp9ZE0
July 01, 2013, 11:11:54 PM
It's amazing that we're in a bear BTC market and the BTC loan rate is only 4%.
July 01, 2013, 10:50:48 PM
For the first time in a long time, the USD interest rates are going through the roof. Currently everything up to 1800% APR is taken. This is crazy because the current variable rate is 48% and it has been around 40% for a couple weeks.
It is also interesting that this is happening with 550k of US loans. Previously it took 700k of loans to get these high rates. So maybe 150k is removed out of the market due to low interest rates, or some of it might be sitting on the sidelines.
It is also interesting that this is happening with 550k of US loans. Previously it took 700k of loans to get these high rates. So maybe 150k is removed out of the market due to low interest rates, or some of it might be sitting on the sidelines.
heh if that's true I dare them to go for a long squeeze. Curious to see what happens
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