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241  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 03, 2014, 04:14:54 PM
can we explain a single actor buying 5k coins?

probably second market, they usually make their moves on Thursdays.
242  Local / 中文 (Chinese) / Re: 国内比特币交易平台陆续关闭银行充值提现渠道 on: April 03, 2014, 08:36:11 AM
为什么现在各大平台银行转账充值还在正常使用?

只是关闭第三方啊,银行充值应该一直是可以的。

至于那些被关闭的小平台,估计本来就操作不规范。

财新揣着明白装糊涂。

如果银行充值一直可以,那基本上对交易没有任何影响啊。大家又在恐慌什么呢?

其他平台的银行也可能被關
243  Local / 中文 (Chinese) / Re: 国外可以用和民币提现吗? on: April 03, 2014, 08:34:13 AM
离岸人民币匯款到中國有困難

每日限额是8万人民币,有何困难?

8万人民币 = 1.3万美元, 不夠
244  Local / 中文 (Chinese) / Re: 国外可以用和民币提现吗? on: April 03, 2014, 06:24:46 AM
离岸人民币匯款到中國有困難
245  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: April 03, 2014, 06:21:22 AM
Hi
Is it possible larger withdraw paid slower? This is the first time my withdraw over 100k and it exceed 3 working days. My previous smaller withdraw are all within 3 working days. If it is possible, may be I will split my payment next time.

No, it's not due to that.
It's just that in this moment every chinese and his brother is trying to arb between local (CNY) and international (USD) platform.
We have a daily quota of usd that we can send out and there might be a couple of days of delay in moments like this.

We apologize for the inconvenient but it's not due to us, it's the daily withdrawal limit with HK banks (10 mio HK$).

Thank you for your comprehension and have a good day

Giancarlo
Bitfinex Team

I think it is fair to say we have to find a solution to work around this.  10 million HK$ = 1.2 US$, it would take weeks if everyone were to withdraw.

We are already working on it.
In the next weeks we'll have 3 new banks (currently going thru their AML/KYC).

Have a good day

Giancarlo
Bitfinex Team

Given the mt gox fiasco, plus latest China situation, people are understandably sensitive to fiat withdrawal delay.  Please kindly remember update us as the situation improves.

Thanks.
246  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: April 02, 2014, 03:39:05 AM
Sorry to suggest this, but I think to be fair, if there are no quota left, users who have not withdraw recently should have priority over users who withdraw recently.
247  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: April 01, 2014, 11:44:55 PM
Hi
Is it possible larger withdraw paid slower? This is the first time my withdraw over 100k and it exceed 3 working days. My previous smaller withdraw are all within 3 working days. If it is possible, may be I will split my payment next time.

No, it's not due to that.
It's just that in this moment every chinese and his brother is trying to arb between local (CNY) and international (USD) platform.
We have a daily quota of usd that we can send out and there might be a couple of days of delay in moments like this.

We apologize for the inconvenient but it's not due to us, it's the daily withdrawal limit with HK banks (10 mio HK$).

Thank you for your comprehension and have a good day

Giancarlo
Bitfinex Team

I think it is fair to say we have to find a solution to work around this.  10 million HK$ = 1.2 US$, it would take weeks if everyone were to withdraw.

We are already working on it.
In the next weeks we'll have 3 new banks (currently going thru their AML/KYC).

Have a good day

Giancarlo
Bitfinex Team

Although I don't agree with all the recent changes, I've to say BFX team in general is on the ball and run a decent service along with good vision (choosing HK, avoiding Mt GOX, making people whole on flash crash on Apr 2013, etc.)  Have been a happy 1 year with BFX.
248  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: April 01, 2014, 07:37:48 PM
Hi
Is it possible larger withdraw paid slower? This is the first time my withdraw over 100k and it exceed 3 working days. My previous smaller withdraw are all within 3 working days. If it is possible, may be I will split my payment next time.

No, it's not due to that.
It's just that in this moment every chinese and his brother is trying to arb between local (CNY) and international (USD) platform.
We have a daily quota of usd that we can send out and there might be a couple of days of delay in moments like this.

We apologize for the inconvenient but it's not due to us, it's the daily withdrawal limit with HK banks (10 mio HK$).

Thank you for your comprehension and have a good day

Giancarlo
Bitfinex Team

I think it is fair to say we have to find a solution to work around this.  10 million HK$ = 1.2 US$, it would take weeks if everyone were to withdraw.
249  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 30, 2014, 09:51:34 PM
The selling on Havelock is strange, as well. .65 is quite conservative considering the good news. But on the other hand, we're almost at 0(!) divs and the performance of gen 3 still needs to be evaluated.
I was talking about the arguments here and juvenile insults. Seems like a party that eventually turns into a drunk fistfight...

Many BTC whales are VERY conservative at this point, even when it comes to AM. Likely waiting on div payments ramping up or some third party proof that miners are shipping and working to spec.

Yes. AM is very overvalued currently - due to the speculation of gen 3 of course. When the divs rise again, we'll see an increasing share price.
I wonder which yearly yield we're going to see this generation, is it going to be lower than last year's of 20-30%?

  I see several factors that could lead to lower accepted APR.   <20  wouldn't surprise me.  Could lead to shocking share prices  Shocked

Given the risk involve in bitcoin mining, anything < 20% is absolutely reckless, in fact, less than 33% would be unacceptable.  Remember the roller coaster ride of AM and once upon a time, ppl were concerning how AM would have > 50% network hashrate.
250  Economy / Speculation / Re: the China PBOC event explained on: March 28, 2014, 04:08:27 AM
BTW, what is to stop Chinese to open account in Hong Kong, still his own country, and to trade from there, deposit and withdraw.

Is it a problem for Mainland Chinese to do a that in Hong Kong?

Anyone can open account in HK, just that you cannot remit CNY to mainland and vice versa (subject to annual $50k USD limit per person).

Of course, there are ways to get around it.
251  Economy / Service Discussion / Re: Wiring to Kraken, Post your experience on: March 24, 2014, 11:08:31 PM
you are level 4 verified?  I think they have a limit of $20k unless you are level 4 verified.
252  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 23, 2014, 08:56:45 PM
Only 487364BTC left for sale @563/Bitfinex.

I can't view any of the embedded images.  What's with the wall?  487k BTC?  Are you kdding me!?
253  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: March 21, 2014, 03:17:35 PM
my math says they bought about $1.3 million dollars worth of BTC today, yet we still have a size-able dip.

2073XBT bought yesterday. It could be an OTC deal.

Always

Doesn't sound like the OTC thing is ready, didn't he mention late 2014 on the interview
254  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: March 20, 2014, 10:06:58 PM
looks like the litecoin hot wallet went out of money.  I have my withdraw in pending approval.
255  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: March 20, 2014, 10:05:24 PM
my math says they bought about $1.3 million dollars worth of BTC today, yet we still have a size-able dip.
256  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 19, 2014, 06:14:18 PM
with KNC announcement of SCRYPT ASICS and friedcat not seeing them be a worthwhile investment. with the prices of other alts and interest in scrypt  asics - does asicminer not find it a good market to explore as well. with a well made scryptasic this year (possible solo mining) it could give friedcat and AM further revenue, stronger foothold in cryptocurrency, diversification and many other benefits. someone should talk to him about exploring this option again.

The point in scrypt is that it's ASIC resistant and the Litcoin devs are against ASICs. They might very well alter the code or switch to sth else than scrypt and make your 10K USD scrypt ASIC into a very expensive doorstop (you could probably still use it as an electric heater, hoping it's not too noisy for the home).

I can see why FC doesn't want to waste allocate resources for developing a scrypt ASIC.

+1. scrypt ASICs dont make much sense. If a single cryptocurrency is to succeed it would be Bitcoin, otherwise it would be another SHA-256 coin that improves significantly in a few ways (such as smaller size blockchain, shorter block times, or the capability to handle much more volume) so that the massive pile of existing infrastructure remains useful and secures the network.

its like inventing the stone wheel, then deciding that the rubber-covered square is the real game-changer

I don't think they can force a hard fork given ASICs are rolling out and making an impact, it'll only destroy the coin by forcing a hard fork, so scrypt ASIC and coins are here to stay!
257  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 18, 2014, 06:40:34 PM
For some reason the post disappeared. Maybe it was an intentional leak? Wink

Here is a mirror:

AM BE200 datasheet:
https://www.dropbox.com/s/o87zbble4z5fkhq/AM%20BE200%20Datasheet%20-%20Google%20Drive.pdf

Bonding:
https://www.dropbox.com/s/57mnfscjfsti29a/bonding.pdf

pin_bot.jpg, pin_size.jpg, pin_top.jpg:
http://imgur.com/gjaOoF4,dB6sXBR,iHIqMSJ

friedcat deleted this post, what does that mean?
258  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: March 17, 2014, 10:10:46 PM
I like the idea of rebates to market maker, I see how you can up the fee to 0.25-0.3% on trader (hey, you get margin trading with significant funding for both long / short - not too many places you can find that), you can still leave it at 0.2% for exchange.  Then the 0.05-0.1% go to the market maker as rebate.

Supposingly, this may add more depth to the order book, resulting in lower slippage (good for trader / exchanger too), and allow for more orderly liquidation on margin calls.
259  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: March 17, 2014, 09:17:34 PM
I really think for the amount of money they are making, they should have some kind of 24x7 telephone support (or skye or something) - not necessarily being entrusted with money and a lot of power or manipulating user data, but at least serve to page the admins / devs in cases like this.

Something is really odd right now.
260  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: March 17, 2014, 07:38:43 PM
I'm ok with the fee increase if the money is invested in building a stronger and more secure platform, and better support. 

Please do advance notices before making these changes.  I strongly recommend sending out an email to everyone.  A week or more advance notice is good for major changes that you don't have to implement immediately (eg. anything that isn't a bug fix).

I don't mind them building some kind of FDIC thing, but is that 5% extra fee lending fee enough for that kind of thing, esp with interest rate so low.  It'll take forever to build up the reserve.
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