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

[S3052]

any idea if the USD withdrawal form has changed? in my account the name and country fields are blocked with blanks or a default country that doesnt make sense

[1715091406]

1715091406

[1715091406]

1715091406

[nrd525]

I've got auto-lend on with the flex rate, but my $9 of USD isn't being borrowed (despite overwhelming demand).

Previously, small amounts (<$50) would be lent out if you used the flex rate.

[stevec]

Is there any way to automate BTC withdrawals using the API?

At least I would like to be able to setup a script with my wallet addresses, so that I dont make a mistake/typo when doing it by hand. Other exchanges offer it, but I don't seem to see 'withdraw' in the BitFinex API spec.

You could always keep the OTP authentication (this is easy enough to generate in code, as long as you have access to your secret key).

/Steve

[BitBits]

I've got auto-lend on with the flex rate, but my $9 of USD isn't being borrowed (despite overwhelming demand).

Previously, small amounts (<$50) would be lent out if you used the flex rate.

I believe $10 is the minimum wallet balance for auto-lending to get executed.

[BitBits]

There is a 30 points difference in price with Bitstamp. I do not like it at all!!!
I know that orders are not routed to Bitstamp any more, but I am pretty sure the routing WAS there, less then a month ago and it was for bigger orders. I would really like to see at least big orders routing re-enabled, or perhaps this could be a good time for Bitfinex team to consider their priorities in terms of Ripple withdrawals/deposits implementation, just like Bitstamp does it. This should not take too much time, especially since there are "ready to use" solutions, provided by Ripple Labs.

Another interesting observation about price difference during the current price drop, is that it may be in fact not the Bitfinex who "stayed higher" than Bitstamp, but it was Bitstamp who "went lower" that it normally should/would. This observation is based on the fact that Bitstamp went even lower than BTC-e, who historically (very long term) was always lower than anybody else by about 10 - 20 points. In other words, it looks like there is some unusually high sell off of BTC is going on at Bitstamp right now.

EDIT Gee, Bitstamp is now 10 points below BTC-e...

[medicine]

There is a 30 points difference in price with Bitstamp. I do not like it at all!!!
I know that orders are not routed to Bitstamp any more, but I am pretty sure the routing WAS there, less then a month ago and it was for bigger orders. I would really like to see at least big orders routing re-enabled, or perhaps this could be a good time for Bitfinex team to consider their priorities in terms of Ripple withdrawals/deposits implementation, just like Bitstamp does it. This should not take too much time, especially since there are "ready to use" solutions, provided by Ripple Labs.

Another interesting observation about price difference during the current price drop, is that it may be in fact not the Bitfinex who "stayed higher" than Bitstamp, but it was Bitstamp who "went lower" that it normally should/would. This observation is based on the fact that Bitstamp went even lower than BTC-e, who historically (very long term) was always lower than anybody else by about 10 - 20 points. In other words, it looks like there is some unusually high sell off of BTC is going on at Bitstamp right now.

EDIT Gee, Bitstamp is now 10 points below BTC-e...

I does seem like bitstamp is the one that has broken it's historical place here by dropping 10 points below btc-e rather than the Bitfinex price moving higher.  It is hard to speculate on the cause for this, from the looks of the 30 minute chart it seems the price divergence started a couple days ago at around a 10 point difference and has just today spread to around 25 points.  This further price divergence looks to have taken place today around 5 hours ago when there was more selling volume on Bitstamp compared to Bitfinex.  At 6am my time the spread was 10 points and by 7:30am it was 25 points. 

Any ideas as to the cause?

[BitBits]

Did you see this?:
http://www.reddit.com/r/Bitcoin/comments/27zxcn/us_marshall_to_auction_seized_bitcoins/
US Marshal will auction out close to 30K of Bitcoins (previously seized from Silk Road) by July 1st.
Don't know when this was published on US Marshal site, but the info was on Reddit since about 10 hours ago, this is just about the time when the market went "swinging".

[Ashbite]

Does anyone have good experience here?
If so, can you explain why this site is so special?
The reason im asking is that im searching for new platforms.

[BitBits]

Does anyone have good experience here?
If so, can you explain why this site is so special?
The reason im asking is that im searching for new platforms.

Number one is (always) the trading volume, which obviously means smaller spreads and faster orders execution. High trading volume is especially important for high volume traders. It looks like Bitfinex is now actually topping the list of all available out there exchangers for BTC/USD (just passed Bitstamp). Second big advantage is ability to trade on margin and to short sale. Lastly, when you don't feel like trading, you can lend out your assets (except DRK) to other system users and earn variable return.
P.S. See ref code in my signature and get 10% off in fees for the first month, to try out the platform. Welcome.

[richy]

Hi everybody. I am new to bifinex... and  i'm sitting in germany this means its actually UTC/GMT +2 hours...  her it is in them moment 12:06 noon (it is not +1 due to the so called summertime in germany) What i would like to know if possible... what are the main trading times here at bifinex.... when is the most volume coming through? Best would be if you could translate this to my timezone. Thank you very much

[jonsi]

Hi everybody. I am new to bifinex... and  i'm sitting in germany this means its actually UTC/GMT +2 hours...  her it is in them moment 12:06 noon (it is not +1 due to the so called summertime in germany) What i would like to know if possible... what are the main trading times here at bifinex.... when is the most volume coming through? Best would be if you could translate this to my timezone. Thank you very much

You can get all this informations by following https://bitcoinwisdom.com/markets/bitfinex/btcusd.
Please use the code 5l4wLVc4LW on registration for a 10% discount on all trading and lending fees for 30 days if you don't have an account yet.

[Ente]

Hi everybody. I am new to bifinex... and  i'm sitting in germany this means its actually UTC/GMT +2 hours...  her it is in them moment 12:06 noon (it is not +1 due to the so called summertime in germany) What i would like to know if possible... what are the main trading times here at bifinex.... when is the most volume coming through? Best would be if you could translate this to my timezone. Thank you very much

You can have a closer look at the charts:
http://bitcoincharts.com/charts/bitfinexUSD#rg5zigHourlyztgSzm1g25zm2g10zv
When looking at enough "days", you might see a pattern in volume.

Being a fellow German, I feel a bit like all the action went on when it's nighttime here. Which correlates with the US daytime. I mostly follow the margintrading and lending/borrowing stuff, though.

Ente

[BitBits]

Hi everybody. I am new to bifinex... and  i'm sitting in germany this means its actually UTC/GMT +2 hours...  her it is in them moment 12:06 noon (it is not +1 due to the so called summertime in germany) What i would like to know if possible... what are the main trading times here at bifinex.... when is the most volume coming through? Best would be if you could translate this to my timezone. Thank you very much

I personally do not feel the lack of action at any time of the day and that is true for any exchange (most volume spikes are usually coincide). However, if you want to confirm, your best bet would probably be to have a look at chart sites such as bitcoinwisdom.com. At BitcoinWisdom you can pick the time scale to your likes and then simply drug the chart to your right to see earlier days in the same scale, as far back in time as you want. Just watch at volume bars and corresponding times of the day.

[richy]

tank you very much for your help... i tried it at bitcoinwisdom before i was writing her... but it is very much "smrearing" probably due to the fact that we are not talking about opening hours but about "awake-times" what i figured out volume is mainly between 5:30 - 8:30 AM and 21:00 - 23:30 PM... That is exactly somewhat off the normal business times    but anyway... in a way this probably will be the future of trading times as everything is moving into the web and the most things are relatively US centric... Thank you again for your help

[jonsi]

tank you very much for your help... i tried it at bitcoinwisdom before i was writing her... but it is very much "smrearing" probably due to the fact that we are not talking about opening hours but about "awake-times" what i figured out volume is mainly between 5:30 - 8:30 AM and 21:00 - 23:30 PM... That is exactly somewhat off the normal business times    but anyway... in a way this probably will be the future of trading times as everything is moving into the web and the most things are relatively US centric... Thank you again for your help

If you loock closely you'll see that these hours are more related to chinesee working hours.

[Ente]

Something is borked..
It looks like that for some hours now, on my side:



I still have open swap demands, so it wasn't some madman emptying the whole list.
I'd love such low FRR though ;-)

Ente

[DoubleSwapper]

Something is borked..
It looks like that for some hours now, on my side:



I still have open swap demands, so it wasn't some madman emptying the whole list.
I'd love such low FRR though ;-)

Ente

I had a similar bug happening to me where one of the sides (usually the demand side) would not load at all and even reloading the page was useless. I had to completely close my browser and login in to BFX again so it would look normal again.

[Ente]

I had a similar bug happening to me where one of the sides (usually the demand side) would not load at all and even reloading the page was useless. I had to completely close my browser and login in to BFX again so it would look normal again.

A relogin solved it for me too.

Ente

[nrd525]

I don't normally loan out as low amounts of money as 0.0 USD, but when I do, I loan them at 0.5% interest.

offer #1055142
 

Hmm, this might be a bug. I also loaned out 0.0 with offer 946691 but at the FRR.

[BitBits]

Something is borked..
It looks like that for some hours now, on my side:



I still have open swap demands, so it wasn't some madman emptying the whole list.
I'd love such low FRR though ;-)

Ente

Seen this before too and it IS a your side issue (your browser actually). Just clear browser's cache and cookies, close the browser and restart it. If you haven't done this procedure for a while, do it and you'll be surprised that your Internet connection is actually much faster than you thought it is.