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1  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: May 21, 2015, 07:02:26 PM
Bitfinex, you need to fix this immediately!!

https://twitter.com/btcdrak/status/601456952040816641



Lowest ask is lower than the highest bid. In the screenshot, the highest bid is at 235.75 and the lowest ask is at 232.39.

edit: Also of note is the 236.76 spike high on May 19th. An almost 100 BTC market buy got executed at that price despite there being around 2500 BTC in asks to $236.

Something is not right.
2  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: April 13, 2015, 11:07:46 PM
Looks like its been a little over a year since the last Bitfinex Audit. Any word if/when another will be happening?

We will have an announcement in regard to this in the coming weeks. It will be a pretty big announcement and we're looking forward to it and hearing what the community thinks.  

Hi Zane,

I looked at the Bitfinex LTC/USD chart and I am disturbed to see that is no speed bumps for LTC. To be clear, I am referring to the sudden drop on April 9th, about 4:25 AM EST. The price dropped from about $1.57 to about $0.98 or a -37.57% drop in the span of ~2-5 minutes. Why speed bumps for BTC and not LTC? Makes me lose a bit of confidence in the platform seeing that and I don't even trade LTC (nor am I bullish on either BTC or LTC right now to consider a long). Are there still speed bumps for BTC/USD? In the event it doesn't function as intended, does that mean Bitfinex will roll back trades?

Thank you for your time

In the google hangout interview this week, they said there's still a mechanism that throttles orders which would move the market by more than 10% but that this throttle wasnt needed in months (link: https://www.youtube.com/watch?v=Mk4Dl4aaBuo , was somewhere in the 2nd half iirc ). But that was about BTC/USD. They didnt say anything about LTC in that regard.

Thank you for the link! I just don't think it is much of a stretch to include the same throttling for all coins on the platform if they want to avoid having their lenders actually lose money on some serious cascading margin calls.
3  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: April 11, 2015, 01:11:34 AM
Looks like its been a little over a year since the last Bitfinex Audit. Any word if/when another will be happening?

We will have an announcement in regard to this in the coming weeks. It will be a pretty big announcement and we're looking forward to it and hearing what the community thinks.  

Hi Zane,

I looked at the Bitfinex LTC/USD chart and I am disturbed to see that is no speed bumps for LTC. To be clear, I am referring to the sudden drop on April 9th, about 4:25 AM EST. The price dropped from about $1.57 to about $0.98 or a -37.57% drop in the span of ~2-5 minutes. Why speed bumps for BTC and not LTC? Makes me lose a bit of confidence in the platform seeing that and I don't even trade LTC (nor am I bullish on either BTC or LTC right now to consider a long). Are there still speed bumps for BTC/USD? In the event it doesn't function as intended, does that mean Bitfinex will roll back trades?

Thank you for your time
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