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Author Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading  (Read 723852 times)
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russokai
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February 10, 2014, 11:56:54 AM
 #1961

Now this is really interesting! Did you watch this on the charts yourself? I only noticed something was up when the red candle was already quite impressive. Sure enough, /r/bitcoin showed the answer by then.

I was in #mtgox at the time, waiting for the release to be announced. We were all wondering why MtGox was rallying down and at around 620 and falling and then came the release.

I'm sure quite a few others noticed and can verify this.

I shorted on bitfinex at 690...could have covered at 535 if the site worked.
MAbtc
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February 10, 2014, 11:57:09 AM
 #1962

Please fix......

 Undecided

Guys, we are working on it.
Keep calm.
We will resume trading in 10 min time

Thanks

Giancarlo

It's been 35 minutes since this announcement. 55 minutes since trading halted. We collectively have many millions of dollars tied up in your massive fuck up. Fix it now.
btcdrak
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February 10, 2014, 11:57:22 AM
 #1963

My longs at 150/250/350 have been cancelled. Everything from the 5000 BTC dump will be reversed apparently.

Why cancelled that's how it's supposed to work. It's a dump.

Because the API link to bitstamp was gone so those prices were a glitch.

If the prices were a glitch, it would have only happened at Bitfinex. Bit it happened at BTCe too. So piss off mr apologist.
hyphymikey
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February 10, 2014, 11:57:52 AM
 #1964

Guys, they do not care how much you lost! They are making millions, why would they care if the service you pay for fails? It's not like you can do anything about it!
Ente
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February 10, 2014, 11:58:06 AM
 #1965

Now this is really interesting! Did you watch this on the charts yourself? I only noticed something was up when the red candle was already quite impressive. Sure enough, /r/bitcoin showed the answer by then.

I was in #mtgox at the time, waiting for the release to be announced. We were all wondering why MtGox was rallying down and at around 620 and falling and then came the release.

I'm sure quite a few others noticed and can verify this.

Maybe it was on their webpage for some minutes before they announced it (in IRC)?
Or some MtGox insider got rich on this move.

Ente
ledmaniak
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February 10, 2014, 11:58:09 AM
 #1966

Now this is really interesting! Did you watch this on the charts yourself? I only noticed something was up when the red candle was already quite impressive. Sure enough, /r/bitcoin showed the answer by then.

I was in #mtgox at the time, waiting for the release to be announced. We were all wondering why MtGox was rallying down and at around 620 and falling and then came the release.

I'm sure quite a few others noticed and can verify this.

I shorted on bitfinex at 690...could have covered at 535 if the site worked.
Me too, tried to close the short, nothing happened. Now I lost about halve of the coins.. Cry

Bitcoin: 1Cxi8BLvScSm1mW6kjb5MNeJZPrvAiYL6B
Litecoin: LLmjtrrq1ZeD51NSUJ8VanuQduW8Ma3jrs
jdh015232
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February 10, 2014, 11:59:52 AM
 #1967

Now this is really interesting! Did you watch this on the charts yourself? I only noticed something was up when the red candle was already quite impressive. Sure enough, /r/bitcoin showed the answer by then.

I was in #mtgox at the time, waiting for the release to be announced. We were all wondering why MtGox was rallying down and at around 620 and falling and then came the release.

I'm sure quite a few others noticed and can verify this.

I shorted on bitfinex at 690...could have covered at 535 if the site worked.
Me too, tried to close the short, nothing happened. Now I lost about halve of the coins.. Cry
yup
this is shit
Baalinooo
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February 10, 2014, 12:00:38 PM
 #1968

Still stuck in my short on BFX.  :-(
myb87
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February 10, 2014, 12:01:23 PM
 #1969

Now this is really interesting! Did you watch this on the charts yourself? I only noticed something was up when the red candle was already quite impressive. Sure enough, /r/bitcoin showed the answer by then.

I was in #mtgox at the time, waiting for the release to be announced. We were all wondering why MtGox was rallying down and at around 620 and falling and then came the release.

I'm sure quite a few others noticed and can verify this.

yup i saw mt gox going down too that why i shorted before the announcement and now i cant close the trade or buy cheap coins thanks to Bitfinex
HairyMaclairy
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February 10, 2014, 12:01:32 PM
 #1970

So did the API supposedly go down on BCTE too?  Does BTC E even have API to BSP?
unclescrooge (OP)
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February 10, 2014, 12:01:42 PM
 #1971

Dear users,

The trading engine is currently stopped due to the recent volatility and the fact that we exhausted our funds on Bitstamp in this critical moment.

We are waiting for new deposit to hit our Bitstamp account, after which we will resume the trades.

have a good day
Raphael
mattco
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February 10, 2014, 12:02:26 PM
 #1972

My longs at 150/250/350 have been cancelled. Everything from the 5000 BTC dump will be reversed apparently.

Why cancelled that's how it's supposed to work. It's a dump.

Because the API link to bitstamp was gone so those prices were a glitch.

If the prices were a glitch, it would have only happened at Bitfinex. Bit it happened at BTCe too. So piss off mr apologist.

If those 5000 BTC were dumped with bitstamp liquidity working, the price wouldn't have dropped to $100 and there wouldn't have been over 3000 BTC in margin calls. It's a glitch.
Giggety
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February 10, 2014, 12:03:19 PM
 #1973

Dear users,

The trading engine is currently stopped due to the recent volatility and the fact that we exhausted our funds on Bitstamp in this critical moment.

We are waiting for new deposit to hit our Bitstamp account, after which we will resume the trades.

have a good day
Raphael

Have a good day

LOL
Drabla
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February 10, 2014, 12:03:23 PM
 #1974

https://www.bitfinex.com/pages/tos

You accepted this all when you signed up.

I am to unhappy with trading beeing halted. But we are playing an early adopters game. Be prepared. Spread your coins/usd to other exchanges, place catch orders, .... This isn't the first time this is happening in the world of bitcoins
Sawadekub
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February 10, 2014, 12:03:42 PM
 #1975

http://www.cryptocoinsnews.com/2014/02/10/mt-gox-blames-bitcoin-core-developer-greg-maxwell-responds/

read this guys!!
MTGOX IS LIEING.. PRICES GONA INCREASE NOW!!!

ANYWAY TRADING HAVE RESUME...

FK THE ABOVE GUY FOR GIVING FALSE NEWS
btcdrak
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February 10, 2014, 12:03:50 PM
 #1976

Dear users,

The trading engine is currently stopped due to the recent volatility and the fact that we exhausted our funds on Bitstamp in this critical moment.

We are waiting for new deposit to hit our Bitstamp account, after which we will resume the trades.

have a good day
Raphael

WTF? and how long will it take to deposit funds? A day? OMG!
jdh015232
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February 10, 2014, 12:04:19 PM
 #1977

Dear users,

The trading engine is currently stopped due to the recent volatility and the fact that we exhausted our funds on Bitstamp in this critical moment.

We are waiting for new deposit to hit our Bitstamp account, after which we will resume the trades.

have a good day
Raphael
my days so much better now except the 10 grand i just lost cuz of you thanks
404notfound
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February 10, 2014, 12:04:52 PM
 #1978

I'm in a short position and would love if I could have closed it out at 100$, but that really isn't fair to the lenders. Lending shouldn't be a huge risk of losing money. This happened due to alot of poor timing on the api going down. Stopping trading was probably the best solution available. The bitstamp api can be very poor at times. Having other exchanges for further liquidity would be the best long term solution in my opinion. Lucky for those in a short position it looks like bitstamp is dumping again so we may get another chance.
btcdrak
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February 10, 2014, 12:05:23 PM
 #1979

My longs at 150/250/350 have been cancelled. Everything from the 5000 BTC dump will be reversed apparently.

Why cancelled that's how it's supposed to work. It's a dump.

Because the API link to bitstamp was gone so those prices were a glitch.

If the prices were a glitch, it would have only happened at Bitfinex. Bit it happened at BTCe too. So piss off mr apologist.

If those 5000 BTC were dumped with bitstamp liquidity working, the price wouldn't have dropped to $100 and there wouldn't have been over 3000 BTC in margin calls. It's a glitch.

Any why did the price also tank at BTCe? They are not connected to Bitstamp, it's all done on their own trading engine with CFD via MT4. The price reached the same level.
PYaEe
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February 10, 2014, 12:05:30 PM
 #1980

Raphael, please, say a word about liquidations - are there any losses for lenders?
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