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

[TwinWinNerD]

In the Loan column, I clicked the Lend button with min 60 lending days, an alert message "Invalid offer: maximum lending period is 30 days"

It got changed some days ago. Only 30 Day max loans now.

[1714053334]

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[1714053334]

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[urwhatuknow]

Hey Bitfinex,

What percentage of the fiat funds are currently held at Bitstamp?

Thanks

we have some good reserve there at the moment.

Have a good day

Giancarlo
Bitfinex Team

[joele]

In the Loan column, I clicked the Lend button with min 60 lending days, an alert message "Invalid offer: maximum lending period is 30 days"

It got changed some days ago. Only 30 Day max loans now.

Yes, what I mean is the 60 days in the Loan column listing is probably an Autolend, it means you cannot manually select that lend if it is displaying 60 days.

[nrd525]

Please fix the 60 day loan bug.

Thanks.

[MegaKill]

the loan interest rates are so low now. seems like supply is way more than demand and nobody is borrowing. inflation? 

[Ente]

the loan interest rates are so low now. seems like supply is way more than demand and nobody is borrowing. inflation? 

Na, only a little time ago, summer maybe, rates were around 30% p.a., les than 0.1% per day. This now is still quite high, flash rate at 0.4177%. Too high for my taste ;-)

Ente

[rioshoosh]

the loan interest rates are so low now. seems like supply is way more than demand and nobody is borrowing. inflation? 

The slower the price of BTC moves, the less money traders can make, and the less interested they are in trading and borrowing.

[MPOE-PR]

Hey Bitfinex,

What percentage of the fiat funds are currently held at Bitstamp?

Thanks

we have some good reserve there at the moment.

Have a good day

Giancarlo
Bitfinex Team

Preserving this for the inevitable drama redux.

[Sukrim]

I'd rather have my money relax for 2-3 days than to enter a fixed rate loan at current rates... but that's up to the lending market of course, some people seriously seem to have an itch to use just whatever rate they can get as soon as they might be able to lend out something.

Once we jump on the roller coaster towards 1000 or 500 USD again, it might get more interesting. Also, a lot of kids probably get money on christmas, might be useful to have some positions in line for that?

[MegaKill]

the loan interest rates are so low now. seems like supply is way more than demand and nobody is borrowing. inflation?  

You must be new here.

Rates were 50-60% for months while we were consolidating "down there".

Rates go up when there is more demand for USD than there is supply.

Rates go down when there is more supply than demand.

Statistic snapshot from December 11, 2013 - 07:43:34 PM GMT: 7,969,354.39 USD was borrowed.

Right now: 6,297,576.59 USD is borrowed. That's.. almost 2 million USD bored to tears.. it's obviously going to try to find something fun to do and 100% or even 50% is better than 0%.

I too dislike that "the party has ended" (for now, anyway) - but it can't rain money all the time. Besides.. how fun would playing BFX be compared to other games like Battle Field 4 if we could just lend out and sit back and watch money tick in?

I see...yes i'm new here, i lent with 0.8%/day, i tasted it so i want more haha, but now...if i have 100k to lend i won't mind the 0.1%/day rate, coz its still $100/day woot!
hopefully we can start "partying" again soon

[accord01]

Does anyone know when exactly some of the interest fee's for borrowing gets fully settled?  I think the swap amount only calculates precisely what is shown under the borrowed tab.  However, when one takes a position, the money is not shown in the borrowed amount right away even though interest has already been incurring.  Same thing with when closing a loan and finding a better rate.  I think for about 30-60min nothing is shown under borrowed tab, but interest is still incurring.

[mooncake]

Sorry if the question has been asked.

Do BFX limit orders flow to Bitstamp order book? 

[nrd525]

http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/

I think Bitfinex is actually a China-based exchange (Hong Kong is China).  So we could be in for all sorts of trouble -- IF this is true. Is it?

[Pruden]

That ban only affects payments through companies like OkCoin; bank and bitcoin tranfers in and out of exchanges are alright, IMHO.

[damiano]

probably will bottom out at 600

[accord01]

People stop clicking reload again and again, this will only mess us up more.

[nrd525]

So the Chinese rule is for "third party payment providers" and not banks.

[Spaceman_Spiff]

So the Chinese rule is for "third party payment providers" and not banks.

Where did you find this info?

[nrd525]

See my earlier coindesk link.  I think we need some more details.

[nrd525]

/account/api
"To revoke your API key, click here"

This might be a bug. I don't think I created an API key.  And if I didn't create one, there shouldn't be one by default.