[OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading

[CambioBTC]

So, looks like the banking info changed again today, and of course it was between me sending a wire payment and seeing the new information.  Am I going to be OK??

Yes, you are.
We switched back to the old bank as Chinese New Year is almost over.

Have a good day

Giancarlo
Bitfinex Team

Thank-you for the quick reply!!  I'll await the wire getting credited to my account.

I would not worry about it,
one thing that I will give BitFinex credit for is
their efficient handling of wire transfers, amongst other things.
Many times it's same day or next day action once the wire is completed.

Now if we can just get a TradingView Chart or MetaTrader 4
Then we would be "Cooking With Gas" !

[wilfried]

metatarder would be great, but why not metatrader 5?

[Sukrim]

Or (if you don't want to pay thousands of USD) at least implement http://www.sierrachart.com/index.php?l=doc/doc_GeneralDataTradeServiceProtocol.php

...and Ripple!

Anyways, just listing at bitcoincharts (and offering public trade tick data for Bitfinex since inception) would be a first step.

[CambioBTC]

Wow,

I held a 15 btc position open for like 19-Hours
and the Swap interest was 24 USD Dollars,
there is no way to hold a long term position open,
it would be too expensive.

[CambioBTC]

Wow,

I held a 15 btc position open for like 19-Hours
and the Swap interest was 24 USD Dollars,
there is no way to hold a long term position open,
it would be too expensive.

PROTIP: you can go to the swap page https://www.bitfinex.com/credit and

a) reserve credit using existing offers before you open a position
b) add Liquidity demand bids way lower than best "Liquidity offers" ask.

If you go long BTC using high-interest loans and the market goes sideways or down then yes, you'll loose money. Please don't confuse that with a notion that it's "impossible" or "no way" to make more than enough to buy salt for your oatmeal by going long on margin - because it is.

Pigs are obviously going to get slaughtered, but that's a good thing. Your loss -> my portfolio etc

What are the default interest rates
if one does not reserve ahead of time ?

[nmersulypnem]

HELP

My limit orders seem to get executed, but then my position doesn't seem to change, and it's not in history, but my tradable balance DOES go down!

What is going on?  Is the server having issues with the volume?  There's also this ghost bid at 795 for 0.0 amount that's just sitting well above the lowest ask... I thought you guys fixed that bug?


ALSO, what is going on with Margin?  It was 4:1, now it says 2.5:1, but it's been bouncing between 1:1 and 2.5:1. At the moment it SAYS 2.5:1, but it's behaving as if it's 1:1.  What's going on?

[CambioBTC]

Regarding access to funds / Wallets: Deposit, Trading, Exchange, any idea to connect a debit card for an example to the Deposit wallet to give EZ-Access to funds resulting in less withdrawals via wire ?

Would be a great idea !

[nmersulypnem]

BITFINEX SUPPORT.   I AM SEEING NUMEROUS REPORTS IN IRC THAT P/L NUMBERS ARE NOT CORRECT FOR CUSTOMERS (myself included).

PLEASE LET US KNOW YOU ARE LOOKING INTO THE VARIOUS ISSUES BEING REPORTED TODAY.   We would prefer you took the system down to verify all account balances are in order rather than have people trading with erroneous balances.

[Lonechaos]

BITFINEX SUPPORT.   I AM SEEING NUMEROUS REPORTS IN IRC THAT P/L NUMBERS ARE NOT CORRECT FOR CUSTOMERS (myself included).

PLEASE LET US KNOW YOU ARE LOOKING INTO THE VARIOUS ISSUES BEING REPORTED TODAY.   We would prefer you took the system down to verify all account balances are in order rather than have people trading with erroneous balances.

+1

Very serious matter, not just on P/L but other things that WILL put people's money at VERY HIGH RISK.

Please take it down immediately before more damage is done.

[CambioBTC]

BITFINEX SUPPORT.   I AM SEEING NUMEROUS REPORTS IN IRC THAT P/L NUMBERS ARE NOT CORRECT FOR CUSTOMERS (myself included).

PLEASE LET US KNOW YOU ARE LOOKING INTO THE VARIOUS ISSUES BEING REPORTED TODAY.   We would prefer you took the system down to verify all account balances are in order rather than have people trading with erroneous balances.

+1

Very serious matter, not just on P/L but other things that WILL put people's money at VERY HIGH RISK.

Please take it down immediately before more damage is done.

+1

I got that yesterday also, thought something was not right
because I knew that my entry was only like one point away,
yet my P/L read like 3 to 4 points, and that was after deducting the fees.

[nmersulypnem]

Please e-mail support@bitfinex.com regarding the "other things". I have mailed regarding the $10k 0.000000000000001 BTC bid that causes the P/L to be displayed incorrectly.

It may, sadly, take some hours before this is resolved: R is on France time. Nothing inherently wrong with being french, but it's four in the morning there.

The micro order is not the issue.  The issue is that people's balances are wrong.  Some report 10x unrealized swap, some report 2x-5x on their unrealized P/L, some report negative tradeable balances.  Still others report that limit orders are matched but don't update their postions (but DO update their tradeable balance).  PLUS margin ratios are fluctuating.

If people get margin called because of bogus data, it will be a disastrous nightmare trying to unwind all the transactions.  ...and this is assuming Bitfinex hasn't been compromised and someone isn't doing all this on purpose.

WAKE UP RAFAEL! 

[Lonechaos]

Please e-mail support@bitfinex.com regarding the "other things". I have mailed regarding the $10k 0.000000000000001 BTC bid that causes the P/L to be displayed incorrectly.

It may, sadly, take some hours before this is resolved: R is on France time. Nothing inherently wrong with being french, but it's four in the morning there.

The micro order is not the issue.  The issue is that people's balances are wrong.  Some report 10x unrealized swap, some report 2x-5x on their unrealized P/L, some report negative tradeable balances.  Still others report that limit orders are matched but don't update their postions (but DO update their tradeable balance).  PLUS margin ratios are fluctuating.

If people get margin called because of bogus data, it will be a disastrous nightmare trying to unwind all the transactions.  ...and this is assuming Bitfinex hasn't been compromised and someone isn't doing all this on purpose.

WAKE UP RAFAEL! 

Most of those problems are DUE to the micro order.

[nrd525]

I'm seeing buy $500, sell $10,000 (for exchange and margin trade).  

 
On the other hand, it looks like trades are going through.

[russokai]

Yes it says I am up $32,000 on a daytrade when it's really more like $300.  And some of my trades earlier seemed like they were executing but then not updating my balance or active positions..weird.

Does anyone know why the max Leverage is now 2.5 : 1 ?  I have had 4:1 for months but suddenly seems like it changed.

[joele]

Love to see bitcoin at 10k 

[phreakk]

Does anyone know why the max Leverage is now 2.5 : 1 ?  I have had 4:1 for months but suddenly seems like it changed.

Heard this changed for everyone a few days ago.

Also, my P/L is up 1000% lol.

[TalkingBit]

What happened to all of the lending offers?

[Lonechaos]

I would recommend people not lending money during this period until it's fixed otherwise you risk losing it all

[TalkingBit]

Can't figure out if lending offers get pulled, or someone is eating everything in sight expecting finex to crash

[aragalie]

lol
http://imesk.net/upload/images/PUAM.png

any guesstimates on whether those 7k+ are coming from a margin-call on someone's account, or it's a platform error similar to the 10k BID order on BTC ?

i'm trying to buy them at 14, but the platform is not matching my order...