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61  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is now a good time to invest in ICO? on: June 06, 2018, 08:49:05 AM
I think thе right timе. wе аrе still in thе pеriоd оf invеstmеnt оppоrtunitу. Dо nоt miss prоjеcts уоu trust.
62  Other / Off-topic / Re: Favorite porn star? on: May 26, 2018, 10:45:58 PM
no. online chat.
63  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: November 28, 2014, 10:28:35 AM
Sample chips in about 2.5 weeks.



December 16 is to be expected for us to get the chips. Testing time varies at 3-10 days since we had much more preparation work already done this time.
64  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: November 23, 2014, 02:14:30 PM
Regarding "not displayed in order book", do you know what hidden orders are?

Check this out: http://bfxdata.com/orderbooks/btcusd.php  Maybe they display buy/sells better.
You mean that MY OWN order has for some MYSTERIOUS reason become HIDDEN?
No, I don't buy THAT. The problem of the reporting is the same: the orderbook was unchanged in case of some 'unimportant' either market or limit orders and the result of those orders was not known for many seconds; and when the results came back, they were the worst possible outcome for me.

Seriously, I was putting market buy orders at prices that were 3-4 USD lower than what I received in the end of those 15-18 seconds. Which means that I was either trading on old data or somebody intentionally used deformation of the timely reporting to rob me off those 1-1.5%. And I wasn't the only one.

I mention it because that is how NYSE HFT bots do it; I see no reason why finex should support such methods as well. (or directly create it)


No, I didn't say your "OWN order has for some MYSTERIOUS reason become HIDDEN".  Do you know what a hidden order is?  It hides the matching order in the orderbook, like I thought you explained is what happened. 
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"The limit orders to which my market buy orders were matched with were nowhere to be seen in the orderbook ". 
A hidden order (that absorbs your order) will show in the public ledger after it's done, but never before.

Does bitfinex "officially" publish the trade history somewhere (besides their site and API)?  Are you referring to a 3rd party like bitcoinwisdom displaying the history as "lagging"?  How can you refer to a 3rd party as being laggy? They depend on their own resources to access the API.
65  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: November 23, 2014, 12:57:23 PM
1. As discussed in the board, it serves only the purpose of clearing OTC trades and showing
the founders' shareholding status.

I hope to see board members have not been selling out with the benefit of extra knowledge, but have instead been holding or even increasing their holdings.
Can someone explain what FC said means?  What I mean is, if someone wanted to sell/buy shares OTC, couldn't ownership be proven  by signing a message with the dividend-receiving address? 
66  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: November 23, 2014, 03:54:51 AM
Another bug report:

I placed a market BUY order. It came out in the public trade history as SELL order. (red)
So, I placed another one 15 seconds later.
That one came out as SELL order as well!

What the heck?!

You have some VERY confused computers!
P.S. the limit orders to which my market buy orders were matched with were nowhere to be seen in the orderbook either. But that can be explained by lag, but what you did with the reporting can't. Certainly it may be a bug in bitcoinwisdom, but I doubt it.
Nothing is wrong with BFX.   The "problem" is how bitcoinwisdom displays buys/sells, ie not intuitively, as you just proved...

I believe BCW goes by the method of: if last price is lower than previous price, mark as a sell, even if it's a buy.  Does that make sense?  (Therefore, I don't rely on the red/green indication on bitcoinwisdom.  I like their site, but not how order history is displayed.)

Regarding "not displayed in order book", do you know what hidden orders are?

Check this out: http://bfxdata.com/orderbooks/btcusd.php  Maybe they display buy/sells better.
67  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: October 26, 2014, 12:02:04 PM
It shows the order fully completed but It happened nothing at last, and it shows the order completed on bitcoinwisdom also, what's the matter?

And the status of order history is "canceled no reserve"


The demand was high there for a while.  It's back to normal and you can short again.
You can even get a higher short now.

Will it happen next time?
Probably not.
If you're away from the computer, and want to be guaranteed your order will go through, you can reserve margin ahead of time here:  https://www.bitfinex.com/credit/index/btc.

Temporarily running out of reserves can happen on any exchange during high demand times, though it is pretty rare, as I'm sure others here will tell you.  Just reserve, and you're guaranteed a rate and execution.
68  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: October 26, 2014, 11:53:06 AM
It shows the order fully completed but It happened nothing at last, and it shows the order completed on bitcoinwisdom also, what's the matter?

And the status of order history is "canceled no reserve"


The demand was high there for a while.  It's back to normal and you can short again.
You can even get a higher short now.
69  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: October 26, 2014, 09:42:39 AM
Plenty of coins available again to short with below FRR.

I know it isn't BFX's model, but it makes it a very lopsided exchange when the liquidity to short BTC dries up.  Appears BTC were reserved to cause a run up, but over 1K have since been released again (without closing a position from what I see).  Nothing new.
70  Economy / Service Announcements / Re: Cryptowatch - real-time charts and personalized trading analysis on: October 13, 2014, 04:08:26 AM
Is there a way I can access the old layout?

Or can you please make a page with just the old sidebar code?  I was basically just using the left side of the old page to quickly see all the exchanges at once.  It was nice to have all that data in a single spot.  I also really liked the way it was laid out in a single column format.  Smiley
Many thanks.
71  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: September 30, 2014, 06:53:03 AM
https://bitcointalk.org/index.php?topic=791827.msg9015947#msg9015947
Phasebird is looking for help designing some banner ads for the forum, and will pay you to help design them.
72  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: August 27, 2014, 04:55:17 AM
I was about to buy a few of these, but I looked at both the announcement thread and the group buy thread. Price is good, but you have to factor in local shipping, self-assembly, network configuration, and at least 1 person reported hardware issues. Most importantly, it can only be used to mine on one pool, which is not only unhealthy for the overall network, but gives miners less freedom. I ultimately did not get any for these reasons.
https://bitcointalk.org/index.php?topic=735728.msg8310763#msg8310763
Have you read the update for Round 2 Sales? Assembly is now free.
Do you live in China? Shipping is free to anywhere except mainland China.

Also, there are instructions there on "How to run on pools other than ghash.io and btcguild with Raspberry PI and bfgminer".
73  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: August 24, 2014, 07:03:20 PM
Did the calculation of the liquidation price change? From yesterday to today, it went up by 50$ unexpectedly.

Please provide us the exact formula how this is calculated.

Ente

I know it's sunday and all, but this is -for me- a very urgent question!

Can anyone else confirm that the liquidation price changed abruptly some days ago?

Ente
They changed the initial margin to 30% (3.33:1), requiring 15% maintenance margin.  Before, the max was 40% (2.5:1), requiring 13% maintenance.  

They also removed selectable initial margin levels since "most users set it to the max anyway", so if you were at 1:1, 2:1, etc, you can't select those anymore.  

I'm not sure why they would do that.  I thought some may still want 1:1 etc, for the reason you describe: it will lower their maintenance margin & liquidation price (for long).
https://www.bitfinex.com/pages/announcements
74  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: July 25, 2014, 02:13:32 AM
Hello

I just joined. I have a few questions.

I want to short BTC/USD.


So deposited BTC into my account and when I tried selling it on the "EXCHANGE" column, it gave me an error.

When I sold it on the "MARGIN", it actually worked.

But I am wondering why isn't it letting me use the "EXCHANGE" option since I own the BTC and want to sell it and get USD. Then buy the BTC back with my USD and have BTC again.



You have three different wallets: trading, exchange, and deposit.  To sell for USD, you must move the coins to the exchange wallet.  Click "Manage Wallets" button on lower right-hand column.
By default, coin deposits go into the trading wallet.
75  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: July 17, 2014, 03:08:27 PM
I've looked around and cant find the answer to this, but are US citizens allowed to trade on BFX?  And is the only way to fund our account with an international bank account?  I'm only posting here because they dont answer their emails.
Yes US citizens can trade.
No you don't need a certain type of bank account. USA accounts are fine. As long as you can wire transfer, you are fine. Or fund your account with BTC.

Other info:
https://www.bitfinex.com/pages/tos

"Other Regions and Jurisdictions

    Registered members of whom transactions only involve virtual currencies are not required to have their identities verified (subject to change in the future).
    Registered members from all regions and jurisdictions are required to verify their identities, prior to being authorized to perform any transaction involving fiat currency. This includes the submission of certified copies of both ID and proof of address. Valid ID includes a passport (or in some cases an ID card, subject to our approval). Valid proof of address includes utility and tax bills not older than 3 months. Other forms of ID and Address verification will not be accepted. Your account will have limited functionality (viewing only) until account verification has been completed.
    Suspicious transactions will result in a Suspicious Activity Report being submitted to the relevant regulatory and compliance bodies applicable in the registered members' verified country of origin.
"
76  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: July 16, 2014, 09:55:53 AM
Can someone help me understand the "Self Funding" swap changes in the recent announcement?
https://www.bitfinex.com/pages/announcements/?id=21

1) Do other margin platforms require the entire position (leveraged or not) to use swaps? Meaning, is this change on par with what other platforms do, or is this a radical change in the way margin trading is done?

2) Does this change mean that if a trader has a $10k balance, and position size is $20k, they only need to borrow a total of a $10k swap?  I understand it that if this trader has a position less than $10k, they would be using no swaps.  What's a little unclear to me is, if this trader then increases their position to $20k, would the full $20k need to be borrowed in swaps, since they are now using leverage?

3) Do you think this change is going to be retroactive to currently opened positions, or is it only for new positions opened after the 21st?

Thanks for your input.

1) I understand it like that too. Have $10k balance, don't need to borrow actual funds to open a position with $10k. It wouldn't make sense to suddenly need to borrow $11k when your position grows to $11k.

Also, why should someone have $10k on the platform, and borrow others USD to go long? Everyone would buy with his own funds first, and then might decide to take those bought BTC as collateral for a real position?

Ente
Right. Then why, up til now, was it required to borrow for every dollar in your (trading) position?

I'm still not sure whether other margin platforms (BTC exchanges or otherwise), require traders to swap for each dollar, or just for leverage.
77  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: July 15, 2014, 07:48:13 PM
Well, here's to hoping that FC pays a lump div for AM3 sales to those of us holding some shares.  Grin Then when the lemmings come out from under their rocks then can whine and moan about no divs.

this sell, is it confirmed? who is mining with AM chips ?
https://bitcointalk.org/index.php?action=profile;u=49840;sa=showPosts


On another note, correct me if I'm wrong here:
Havelock holds ~27000 AM1 shares.
Asicminer issued ~400,000 shares. Bitfountain owns about 236,000 of those shares.  So about 164,000 shares are "regular", trading, shareholders.

Havelock then represents ~16% of the "regular" shareholders, which also represents people who want the ability to trade rapidly (although with poor liquidity).

Havelock does not represent direct share holders with long term investment in mind.  I do not see many auctions for direct sales on the forum, indicating that long term shareholders are not interested in selling, at least on the forum. (There may be other direct sales going on, but that means there is someone buying the shares.)

Judging a security by what 16% of the market trades at doesn't seem logical. This 16% represents a niche within a niche.

A handful of boardmembers taken together represent more shares than the entirety of Havelock.

Using Havelock as a "representation" of the share value is ridiculous to me.  It's similar to the BTC/USD price IMO, in that it doesn't represent long term investors.  Say a BTC exchange has 15k btc in sell orders. Now say there are 50 exchanges like that. That's 750,000 btc "wanting" to be sold.  Assuming there are 12M BTC in circulation right now, these exchanges would represent 6% of the economy- once again not representing those not interesting in selling in the short term.  There may be sales off-exchange, but once again, that means there is a buyer at their price.

I'm sure most people here realize this about AM1, as others have pointed out this fact too.  I think some newer people need to think about and understand this.

Also, think down the road about Gen4, Gen5, Gen6 etc, 14nm, 10nm, 7nm etc.  Obviously there are other chip manufacturers as well, but each year and each technology gives the opportunity for one to be on top.
78  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: July 15, 2014, 07:06:26 PM
@admins

While I appreciate you posting on the forum when there is a major announcement added to https://www.bitfinex.com/pages/announcements, I think you should also send out an email to all Bitfinex.com users when there are major announcements.

I believe you sent an email a while back, perhaps it was about the heartbleed bug.

I don't think every user Bitfinex subscribes to this thread to get updates about announcements, and they must monitor https://www.bitfinex.com/pages/announcements themselves.  I believe every announcement on https://www.bitfinex.com/pages/announcements is worthy of sending a mass email to all users.  Every user should know about these important changes, whether or not they follow on the forum, or have a monitor on https://www.bitfinex.com/pages/announcements.

I am subscribed to this thread, but still miss important announcements, since not all announcements put on https://www.bitfinex.com/pages/announcements are mirrored here.

Every user should be notified of any changes.  It is very important for every user to know any and all changes. Thank you.

79  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: June 15, 2014, 10:44:58 AM
How could offer rate be lower than demand rate?
Is it because of different swap time ranges?

Cheers

that's correct!

Have a good day

Giancarlo
Bitfinex Team


Giancarlo and Bitfinex:
http://www.bfxdata.com/ is in need of help with their hosting and fees.  Since you link them on your site now, will you consider helping them?  Their site is a great companion tool to Bitfinex.  Thank you.
Quote
I'm in serious need of better web hosting. If someone can recommend me a web hosting provider with LARGE bandwith limits (or non at all Smiley at a reasonable price, please do contact me via mail. Also I'm in serious need of donations to pay for webhosting, as it'll cost me between $45 - $100 each month to keep providing the service as before. Just keep in mind I do this for fun. I'm not sure I'll keep providing this service when it will cost me $45 per month... Rgards Bjorn
80  Economy / Service Announcements / Re: GAWMiners.com - THE BIG GUN - 100 MH Scrypt Miner! $11,999.95 on: May 22, 2014, 01:23:18 AM
Hey everyone,

I have a question for you. Its going to sound a little strange, but I will do my best to word it here.

One of the things I have noticed in this industry, like most, is there is a stoke of competition. Who has the biggest rig, who gets it first, most amount of hash power, who can set up the most efficient miners, who can yield the most profit, etc. Some of those things are monetarily driven, but some of it is based on the "skill" of the miner.

What makes the "best" miners, the best?
What are some examples of the way miners compete with each other that's skill based?
What kind of things make a miner more credible? Or give them more influence?

I would love to hear your thoughts Smiley
Their contributions to the community in software/hardware mods, power delivery setups, overclocking guides, setup guides, and sharing performance tweaks and settings.  Those that share the most, and the best ideas, and have the most elegant implementations of ideas and applications.

Aside from any prestige based recognition, the person with the best ROI and biggest hashrate are pretty simple to "respect".
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