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Title: BitFinex Sentiment Index: vote with your wallet not with a click Post by: myself on December 05, 2012, 07:55:44 PM https://i.imgur.com/kgD4K.jpg (http://bit.ly/11GIrpv)
web page to view BSI : https://bitfinex.com/pages/bsi (http://bit.ly/TDcZCv) BSI is sentiment index based on Bitfinex users actions not based on a poll, yes BSI use the approach "vote with your wallet not with a click" if a user is not on the market ( he is not long or short) he does not count so if anyone wants to change how the BSI look he needs to put money on the market and go long or short. example if there are 2 user in the market user 1 100 bitcoins long user 2 100 bitcoins short BSI will be 1:1 Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: lucif on December 05, 2012, 08:06:11 PM wow. cool!
Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: myself on December 06, 2012, 02:34:02 AM now the BSI is 3:1 :o :o and transaction log https://bitfinex.com/pages/public_log (http://bit.ly/R9jh10) do reflect this change in the sentiment
Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: notme on December 06, 2012, 02:35:43 AM now the BSI is 3:1 :o :o and transaction log https://bitfinex.com/pages/public_log (http://bit.ly/R9jh10) do reflect this change in the sentiment And yet the price is clinging to the top of the range.... I smell a short squeeze in the works. Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: proudhon on December 06, 2012, 05:15:23 AM Trying to help yourself recover from that short at $11.xx, eh?
Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: adamstgBit on December 06, 2012, 05:53:43 AM OK i'm going to try trading with leverage ( sent 5 coins :P )
does it show me somewhere the price ill get liquidated at? Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: unclescrooge on December 06, 2012, 10:14:02 PM Bitfinex users are very bearish these days, afraid of a price drop?
Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: adamstgBit on December 06, 2012, 10:18:29 PM Bitfinex users are very bearish these days, afraid of a price drop? Its cuz, there is no USD available for longs.Price is going to rocket very high, very soon. Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: bitcoins5411 on December 08, 2012, 08:54:45 PM Bitfinex users are very bearish these days, afraid of a price drop? Its cuz, there is no USD available for longs.Price is going to rocket very high, very soon. Exactly, there is no credit available in USD for people to be able to take a long position. So the only positions available are short positions in BTC and that's what generates the bearish sentiment. Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: myself on December 10, 2012, 08:10:40 AM https://i.imgur.com/xHI8g.png (https://i.imgur.com/xHI8g.png)
a small update Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: myself on December 14, 2012, 02:11:52 PM https://i.imgur.com/ws28K.png
a update, it went from 1:1 to 2:1 Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: myself on December 16, 2012, 06:31:35 PM https://i.imgur.com/iM7ex.png
bull took over Quote BSI as of December 16, 2012 - 01:26:21 PM EST: 1:1 - Bullish Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: lebing on December 16, 2012, 08:01:45 PM OK i'm going to try trading with leverage ( sent 5 coins :P ) does it show me somewhere the price ill get liquidated at? Interested, but with Adam here - how do you see this? Also, what happens to your lended funds if the person you lend to gets liquidated? Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: myself on December 16, 2012, 08:22:15 PM Also, what happens to your lended funds if the person you lend to gets liquidated? you get them back ;D liquidation is based on traders funds example you are long term holder and decide to lend bitcoins trader 1 take your 100 bitcoins and start shorting at the price of 10 usd per bitcoin if the trader 1 have 500 USD he can afford a 500 USD loss (he is liquidated a bit earlier but to keep this simple) he can affort 5 usd loss per bitcoin so the trader 1 will be liquidated at 15 usd per bitcoin when trader 1 go short the 100 bitcoin at 10usd the platform gets 1000 USD from that sell plus it own 500 usd that make 1500 sufficient funds to buy back your 100 bitcoins at 15 usd per btc Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: myself on December 17, 2012, 10:02:29 AM Quote BSI as of December 17, 2012 - 05:02:12 AM EST: 1:1 - Bullish Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: lebing on December 17, 2012, 07:00:18 PM Also, what happens to your lended funds if the person you lend to gets liquidated? you get them back ;D liquidation is based on traders funds example you are long term holder and decide to lend bitcoins trader 1 take your 100 bitcoins and start shorting at the price of 10 usd per bitcoin if the trader 1 have 500 USD he can afford a 500 USD loss (he is liquidated a bit earlier but to keep this simple) he can affort 5 usd loss per bitcoin so the trader 1 will be liquidated at 15 usd per bitcoin when trader 1 go short the 100 bitcoin at 10usd the platform gets 1000 USD from that sell plus it own 500 usd that make 1500 sufficient funds to buy back your 100 bitcoins at 15 usd per btc K, i think i get it... thanks but no response to the liquidation info? Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: myself on December 17, 2012, 07:20:12 PM but no response to the liquidation info? i dont get you Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: lebing on December 17, 2012, 07:24:30 PM but no response to the liquidation info? i dont get you Before you place a trade on margin, where can you see what your liquidation price A/o ratio is? Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: myself on December 17, 2012, 07:32:29 PM Before you place a trade on margin, where can you see what your liquidation price A/o ratio is? there is no "you will get a margin call at XX"Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: myself on December 19, 2012, 06:17:28 PM Quote BSI as of December 19, 2012 - 01:16:53 PM EST: 1:1 - Neutral Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: myself on December 21, 2012, 11:06:40 PM Quote BSI as of December 21, 2012 - 06:04:42 PM EST: 1:1 - Bearish some new data https://bitfinex.com/pages/interest Quote Currency Average loan rates in % per 365 days Total sum of active loans USD 17.8363% 3433.58 USD BTC 14.4434% 421.1 BTC Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: myself on December 27, 2012, 09:16:11 PM Title: Re: BitFinex Sentiment Index: vote with your wallet not with a click Post by: unclescrooge on December 28, 2012, 02:33:41 PM There is 300 BTC available to short and 170 btc available to long for 60 days. Take your slots!
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