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Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 89. (Read 723861 times)

hero member
Activity: 896
Merit: 1000
"Error code 20
The proxy failed to connect to the web server, due to TCP connection timeout."
legendary
Activity: 2618
Merit: 1007
I suspect that this is just the stuff that is displayed in the UI normally...
hero member
Activity: 547
Merit: 500
Decor in numeris
Has anyone successfully used the (undocumented) websockets api for, well, anything?
Would really appreciate some pointers from anyone who uses it.

(I posted a thread here about it last week, but I guess this thread is more likely to get noticed)
A documented websockets api would be wonderful!  Even if the documentation is minimal, at least that would give a basis for experimentation.
newbie
Activity: 25
Merit: 0
Has anyone successfully used the (undocumented) websockets api for, well, anything?
Would really appreciate some pointers from anyone who uses it.

(I posted a thread here about it last week, but I guess this thread is more likely to get noticed)
member
Activity: 80
Merit: 10
From the Deposit section, look at the "Unused Swaps" and "Swaps used in a position".
full member
Activity: 136
Merit: 100
How can I see what rate I got ?

Click across to https://www.bitfinex.com/credit (the "Total Return Swaps" tab on the main page of 'finex)

Click on "Swaps used in a margin position" and/or "Unused swaps" to expand the drop-down lists, and in there you'll see the details of any swaps you have open - how much, at what rate, and when it expires.
newbie
Activity: 28
Merit: 0
I am so going down, when bitcoin went up from $233 to $257 last to last week I made quite some profit closing my long position and then I did a huge mistake to think that $255 was the highest and I expected it to go down from here was fool enough to put everything in it, opened short position on $250, since then I saw few ups and down and at one point it even went down to $242 but I didn't close the position, became greedy  Grin.
And now here I am looking at over $500 loss on my short position although I am happy that bitcoin is rising (don't get me wrong fellas) but I know I ain't having any fun.

So, the question is how long I can hold on to this short position because I still don't want to loose hope of bitcoin going down from here but my worry is what if Bitfinex decided to close my position because I hold them for long? is that possible, I didn't bought these swaps myself, I let system choose best offer for me, are they for 30 days or there is no limit ?

There's no time limit on how long a position can stay open, only a limit on how much of a loss you can build up before you're liquidated to pay off what you owe to your swap providers. That's listed in the interface as a "Liquidation Price".

If/when your swaps expire, more will be taken automatically at the best rate available. Or if you happen to see particularly low-rate ones before then, you can take new swaps manually and close the old ones.

(Edit) Appears I was beaten to it.

How can I see what rate I got ?
full member
Activity: 136
Merit: 100
I am so going down, when bitcoin went up from $233 to $257 last to last week I made quite some profit closing my long position and then I did a huge mistake to think that $255 was the highest and I expected it to go down from here was fool enough to put everything in it, opened short position on $250, since then I saw few ups and down and at one point it even went down to $242 but I didn't close the position, became greedy  Grin.
And now here I am looking at over $500 loss on my short position although I am happy that bitcoin is rising (don't get me wrong fellas) but I know I ain't having any fun.

So, the question is how long I can hold on to this short position because I still don't want to loose hope of bitcoin going down from here but my worry is what if Bitfinex decided to close my position because I hold them for long? is that possible, I didn't bought these swaps myself, I let system choose best offer for me, are they for 30 days or there is no limit ?

There's no time limit on how long a position can stay open, only a limit on how much of a loss you can build up before you're liquidated to pay off what you owe to your swap providers. That's listed in the interface as a "Liquidation Price".

If/when your swaps expire, more will be taken automatically at the best rate available. Or if you happen to see particularly low-rate ones before then, you can take new swaps manually and close the old ones.

(Edit) Appears I was beaten to it.
newbie
Activity: 28
Merit: 0
I am so going down, when bitcoin went up from $233 to $257 last to last week I made quite some profit closing my long position and then I did a huge mistake to think that $255 was the highest and I expected it to go down from here was fool enough to put everything in it, opened short position on $250, since then I saw few ups and down and at one point it even went down to $242 but I didn't close the position, became greedy  Grin.
And now here I am looking at over $500 loss on my short position although I am happy that bitcoin is rising (don't get me wrong fellas) but I know I ain't having any fun.

So, the question is how long I can hold on to this short position because I still don't want to loose hope of bitcoin going down from here but my worry is what if Bitfinex decided to close my position because I hold them for long? is that possible, I didn't bought these swaps myself, I let system choose best offer for me, are they for 30 days or there is no limit ?

Once your swaps run out new ones will be opened automatically. The only time the platform closes your position is if you reach the liquidation price and get margin called.

Thanks mate for confirmation, I thought the same. Cheers.
hero member
Activity: 798
Merit: 1000
I am so going down, when bitcoin went up from $233 to $257 last to last week I made quite some profit closing my long position and then I did a huge mistake to think that $255 was the highest and I expected it to go down from here was fool enough to put everything in it, opened short position on $250, since then I saw few ups and down and at one point it even went down to $242 but I didn't close the position, became greedy  Grin.
And now here I am looking at over $500 loss on my short position although I am happy that bitcoin is rising (don't get me wrong fellas) but I know I ain't having any fun.

So, the question is how long I can hold on to this short position because I still don't want to loose hope of bitcoin going down from here but my worry is what if Bitfinex decided to close my position because I hold them for long? is that possible, I didn't bought these swaps myself, I let system choose best offer for me, are they for 30 days or there is no limit ?

Once your swaps run out new ones will be opened automatically. The only time the platform closes your position is if you reach the liquidation price and get margin called.
newbie
Activity: 28
Merit: 0
I am so going down, when bitcoin went up from $233 to $257 last to last week I made quite some profit closing my long position and then I did a huge mistake to think that $255 was the highest and I expected it to go down from here was fool enough to put everything in it, opened short position on $250, since then I saw few ups and down and at one point it even went down to $242 but I didn't close the position, became greedy  Grin.
And now here I am looking at over $500 loss on my short position although I am happy that bitcoin is rising (don't get me wrong fellas) but I know I ain't having any fun.

So, the question is how long I can hold on to this short position because I still don't want to loose hope of bitcoin going down from here but my worry is what if Bitfinex decided to close my position because I hold them for long? is that possible, I didn't bought these swaps myself, I let system choose best offer for me, are they for 30 days or there is no limit ?
legendary
Activity: 1218
Merit: 1000
hero member
Activity: 784
Merit: 1000
Quick Question

I just opened a test long position on margin (I bought 0.13 BTC with 0.05)

Can I place a limit order with the 0.13 BTC that I just bought on margin? (I only see an option to "Close" or "Claim" my position)


After playing around with the orders I am getting more confused lol, apparently I can place a sell order for 0.2 BTC when I only have 0.13 BTC in my balance.

Is this the proper place to be putting orders? Why is it possible to place an order for .2 when I only have the .13 (which is on margin)??



Your limit order will close your position when it reaches $340. Since you put the amount as .2 you would not only close your long position but then enter a short position with the remaining .07 or .069 actually.  If you just want to close the position you could either put a limit sell at $340 for the exact amount of your long. You can also click "close" at any time to close your position with a market order. You can also click "claim", in this instance, if you have made enough profit on your long you can claim the .13 BTC (profit=.13BTC or more), so you would get the bitcoin and not the cash equivalent like you would if clicked "close" or limit sold to close the long.

Hope that helped.
legendary
Activity: 1218
Merit: 1000
Quick Question

I just opened a test long position on margin (I bought 0.13 BTC with 0.05)

Can I place a limit order with the 0.13 BTC that I just bought on margin? (I only see an option to "Close" or "Claim" my position)


After playing around with the orders I am getting more confused lol, apparently I can place a sell order for 0.2 BTC when I only have 0.13 BTC in my balance.

Is this the proper place to be putting orders? Why is it possible to place an order for .2 when I only have the .13 (which is on margin)??

tgt
newbie
Activity: 19
Merit: 0
Can't process a withdrawal, fill out all bank info -> check "save as template" -> next and nothing.  no email no 2fa text doesn't save bank info - $ is still in echange account.

Am I missing something?
legendary
Activity: 2126
Merit: 1001
Can't find stop loss option. Are there more advanced features for buying/selling  than just buy/sell button?

Have a close look: "order type", default at "limit", is a pull-down menu :-)

Ente
legendary
Activity: 2618
Merit: 1007
No, you can only lend out your own funds and if you borrow some funds, you can only keep them or trade them.
This was already suggested multiple times, but so far there was no followup.
newbie
Activity: 33
Merit: 0
Question about swap mechanics:
Is it possible to take swaps that are offered at a low rate and simply re-lend them out at a higher rate?
newbie
Activity: 16
Merit: 0
Can't find stop loss option. Are there more advanced features for buying/selling  than just buy/sell button?
hero member
Activity: 644
Merit: 500
Registered today on this platform. Let's give it a try.
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