[ANN] Cryptolend.net - Automatic online lending

[joele]

Hi pornluver, Please be very careful with our Bitmex strategy. It is not Margin Lending at all, but Derivatives. We advice you to read carefully about this, and be sure to understand fully the mechanism and its consequences. Read again the Bitmex blog post from our help on Bitmex and its references. You will change your BTC into USD equivalent (short XBTUSD) and will earn funding interest only on USD equivalent. Please also monitor closely the Margin call price and leverage. Our bot will not take care of this part. You may lose your capital or earn negative interest, depending on your strategy and on the bitcoin trend.

What does. 46 unrealized pnl mean? Anyone else tried this?

I put 1 btc there. If I close now will I have only.5 left? Your system said total gain is. 05 btc. Then it says -. 46 btc unrealized pnl just for today. Anyone tried putting 1 btc for 1 year? Yes interest is negative once in a while. I do not mind. I worry that I am shorting btc effectively

It seems that shorting xusdbtc means I lost money if btc price goes up. It went up and I have tons of - pnl now. Great

Oh boy. Shorting means betting that btc will drop. BTC went up and there goes a lot of money. Wow.


Interesting.

I stopped lending and have .55btc. I think you should make your warning more clearly here. If we use bitmex we don't just get higher interest rate. we also bet against btc!!!!!!!

this may not be bad. Say you want to buy btc and hedge it by shorting future. However, this one is for expert.


This stuff is good if you want stable income without knowing btc will go up or down
Ha ha ha ha ha....

Yeah, the better strategy is hold and reinvest the interest earning and someday bitcoin price will plummet eventually.

[justaway]

The server is down!

... up again

[martipan]

Yes, anyone knows what's with the server?

[marcoaurelio.cardoso]

Alive and kicking again! (y)

[pornluver]

Alive and kicking again! (y)

I put some money on bitfinex

It seems that your bot doesn't lend anything



I used default setting. I wonder what I did wrong?

The API must be right. Cryptolend can see my balance fine. It just doesn't lend things.

Poloniex landing works.

[pornluver]

Hello, can anyone answer me? Why cryptolend do not lend any money on my bitfinex account?

Most likely reason is lack of permission. I updated that. Let's see

[ranlo]

Hello, can anyone answer me? Why cryptolend do not lend any money on my bitfinex account?

Most likely reason is lack of permission. I updated that. Let's see

When you don't share information, how are we supposed to help you? That's like saying "my car isn't working. Someone tell me what's wrong." Without knowing what you've done/set up/etc. it's impossible to help give any input.

[fiscorcle]

Hello, can anyone answer me? Why cryptolend do not lend any money on my bitfinex account?

Most likely reason is lack of permission. I updated that. Let's see

When you don't share information, how are we supposed to help you? That's like saying "my car isn't working. Someone tell me what's wrong." Without knowing what you've done/set up/etc. it's impossible to help give any input.

May very well have been a lack of market depth or something like that - rates may have been too low, or something else. There are a number of things that could have caused this

[pornluver]

What is cryptolend IP?

We need to restrict API only on cryptolend API

[Timetwister]

Does anyone still use this? What's your opinion? What about Coilend?

[pornluver]

Hello?

The service is good. The thing is cryptolend is a third party. Basically if we send our API to third party, with trading permission, we can lose all of our money due to specific type of hack that allows hacker to withdraw all the money by trading.

I lost 1.5 bitcoin due to this and until today, I have no idea for sure if the API I used for cryptolend is the culprit. Poloniex doesn't want to tell and I have 2APIs.

For additional security I want to restrict API only from cryptolend IP.