Timetwister
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Activity: 1199
Merit: 1047
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December 10, 2017, 10:51:05 AM |
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Is anyone lending BTC at FRR? How hard is it to get filled? It seems like it never reaches that interest rate.
I'd like to lend automatically, but the only way would be by setting auto-renew at a very low interest rate (or using someone other's bot, which I won't do).
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TheQuin
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December 10, 2017, 11:13:48 AM |
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Is anyone lending BTC at FRR? How hard is it to get filled? It seems like it never reaches that interest rate.
It is very hard. I have actually got some out at the moment but that was because there was a bid at FRR for 30 days which I was able to get. I'd like to lend automatically, but the only way would be by setting auto-renew at a very low interest rate (or using someone other's bot, which I won't do).
I'm not sure exactly what your objection to using a bot is but IMO it is the only realistic way to lend. Otherwise, I just find that when I'm not looking the loans get returned early and I'm missing out for a large proportion of the time, or as you said you have to set a very low rate. I'm using Coinlend and it works pretty well for a free service. There isn't really much concern about security as the API key you create only has read access to balances and write access offer loans so even if it was compromised there isn't much anyone could do with it. |
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Timetwister
Legendary
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Activity: 1199
Merit: 1047
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December 10, 2017, 11:21:23 AM |
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Is anyone lending BTC at FRR? How hard is it to get filled? It seems like it never reaches that interest rate.
It is very hard. I have actually got some out at the moment but that was because there was a bid at FRR for 30 days which I was able to get. I'd like to lend automatically, but the only way would be by setting auto-renew at a very low interest rate (or using someone other's bot, which I won't do).
I'm not sure exactly what your objection to using a bot is but IMO it is the only realistic way to lend. Otherwise, I just find that when I'm not looking the loans get returned early and I'm missing out for a large proportion of the time, or as you said you have to set a very low rate. I'm using Coinlend and it works pretty well for a free service. There isn't really much concern about security as the API key you create only has read access to balances and write access offer loans so even if it was compromised there isn't much anyone could do with it. Maybe it's just ignorance, but I don't like the idea of others accessing my account. I'll look into it, if it's really safe it could be a good solution. |
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Timetwister
Legendary
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Activity: 1199
Merit: 1047
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December 10, 2017, 11:40:13 AM |
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I'll give it a try, if it only has "write" on lending money it shouldn't be dangerous. Thank you.
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Sukrim
Legendary
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Activity: 2618
Merit: 1006
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December 10, 2017, 11:45:16 AM |
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Is anyone lending BTC at FRR? How hard is it to get filled? It seems like it never reaches that interest rate.
I'd like to lend automatically, but the only way would be by setting auto-renew at a very low interest rate (or using someone other's bot, which I won't do).
I don't have BTC there any more since the hack, USD lending at FRR works just fine though. |
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Timetwister
Legendary
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Activity: 1199
Merit: 1047
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December 10, 2017, 12:10:29 PM |
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Is anyone lending BTC at FRR? How hard is it to get filled? It seems like it never reaches that interest rate.
I'd like to lend automatically, but the only way would be by setting auto-renew at a very low interest rate (or using someone other's bot, which I won't do).
I don't have BTC there any more since the hack, USD lending at FRR works just fine though. Why aren't you lending BTC but you are lending USD? Previously I was lending USD too, but I expected bigger returns from lending BTC because of the price appreciation I expect the cryptocurrency to have, added to the interest rate it earns there. |
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Sukrim
Legendary
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Activity: 2618
Merit: 1006
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December 10, 2017, 03:21:32 PM |
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Diversification.
I don't have to sell BTC or keep them on an exchange to see some returns in USD too while not being exposed as much to volatility.
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CjMapope
Legendary
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Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
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December 12, 2017, 07:53:18 AM |
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Hey Bitfinex, please update your customers on current state of withdraws, i would hope your last "situation" has taught you the value of transparency.
Waiting on an IOTA W/d since Dec 8th, ticket sits lonely, i have done as asked and not cancelled it nor created multiple tickets or w/d requests.
Please hold up your end and push my w/d thru.
w/d#6502005
Ty.
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~Got this girl in my bed, a roof over my head, i mint a couple coins a week, and thats how i make bread~ ~On the 12th day of Hatzvah, OGminer said to me: "compute root of the merkle hash tree!"~ Prohashing -- Simply the best Multipool! |
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Ente
Legendary
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Activity: 2126
Merit: 1001
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December 12, 2017, 12:04:39 PM |
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Hey Bitfinex, please update your customers on current state of withdraws, i would hope your last "situation" has taught you the value of transparency.
Waiting on an IOTA W/d since Dec 8th, ticket sits lonely, i have done as asked and not cancelled it nor created multiple tickets or w/d requests.
Please hold up your end and push my w/d thru.
w/d#6502005
Ty.
Don't expect any reaction whatsoever on bitcointalk. Try reddit, they are more active there. Ente |
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FractalUniverse
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December 12, 2017, 05:27:48 PM |
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oh great. Annoying captcha was added and platform is not loading at all now.  |
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mudiko
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December 12, 2017, 06:30:37 PM |
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Didnt receive a withdrawal email and my funds are stuck. Please sort it out as soon as possible.
#658039
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Timetwister
Legendary
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Activity: 1199
Merit: 1047
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December 12, 2017, 06:37:45 PM |
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Didnt receive a withdrawal email and my funds are stuck. Please sort it out as soon as possible.
#658039
Support never replies on this thread. |
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CoinProfiters
Newbie
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Activity: 12
Merit: 0
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December 12, 2017, 07:16:13 PM |
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Didnt receive a withdrawal email and my funds are stuck. Please sort it out as soon as possible.
#658039
Support never replies on this thread. Where do they reply? |
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Timetwister
Legendary
Offline
Activity: 1199
Merit: 1047
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December 12, 2017, 07:17:21 PM |
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Didnt receive a withdrawal email and my funds are stuck. Please sort it out as soon as possible.
#658039
Support never replies on this thread. Where do they reply? I don't know, but here they don't. |
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Quickseller
Copper Member
Legendary
Offline
Activity: 2870
Merit: 2301
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December 12, 2017, 07:45:12 PM |
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Didnt receive a withdrawal email and my funds are stuck. Please sort it out as soon as possible.
#658039
Support never replies on this thread. Where do they reply? Reddit on r/bitcoinmarkets and r/bitfinex. Also on email. |
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TheQuin
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December 13, 2017, 06:27:59 AM |
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oh great. Annoying captcha was added and platform is not loading at all now. That is in response to the ongoing DDoS attack, they also seem to have reduced the inactivity timeout period making logging back in a more frequent occurrence. On the positive side at least it isn't Google's reCaptcha. |
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NiceSoft12
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December 15, 2017, 11:07:34 AM |
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Are the crypto withdrawals still backed up or are they faster now?
Edit- Oh wow, it wasn't backlogged for me, just now, took 5 min. That is surprising.
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Samarkand
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December 16, 2017, 01:30:31 PM |
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Active Margin Funding is over 921M $ right now.
Since the 11th of December a staggering 305M $ Tether have been issued.
The pace of this development is accelerating. Total Tether issuance has already
crossed the billion dollar threshold.
Does anyone actually believe Tether received 305M $ in wire transfers in the last 5 days?
This just seems highly unlikely to me. Institutional investors are even hesitant about the
regulated futures so far and the trading volume at the CBOE has been pretty dismal. Yet
people claim that investors are wiring 305M $ to buy Tethers in order to buy cryptocurrencies
in just 5 days?
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TheQuin
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December 16, 2017, 01:39:18 PM |
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Does anyone actually believe Tether received 305M $ in wire transfers in the last 5 days?
Yes, only a handful of people are determined to see everything in a negative light. Institutional investors are even hesitant about the regulated futures so far and the trading volume at the CBOE has been pretty dismal.
That is to ignore that CBoE is a very small futures exchange and the contract is only supported by one broker so far. Also, it rather misses the purpose of futures. They are an instrument for trading and hedging primarily and are not used by investors. Yet people claim that investors are wiring 305M $ to buy Tethers in order to buy cryptocurrencies in just 5 days?
Why not? Investors that actually want to hold Bitcoins cannot do it via the futures. |
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Samarkand
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December 16, 2017, 01:43:47 PM |
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...
That is to ignore that CBoE is a very small futures exchange and the contract is only supported by one broker so far. Also, it rather misses the purpose of futures. They are an instrument for trading and hedging primarily and are not used by investors.
...
One broker? I count at least 4 at: http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures#tradenow-Advantage Futures -Interactive Brokers -Straits Financial -TradeStation TD Ameritrade (one of the biggest US brokers) is going to start trading the futures on Monday, too. I agree that futures are intended for a different purpose. However, they still allow investors to speculate on the price of the underlying asset. I would argue that it may actually be a better way for institutional investors, because they don´t have to worry about cold storage, malware, inside jobs of "rogue employees" and so on. |
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