nrd525
Legendary
Offline
Activity: 1868
Merit: 1023
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February 12, 2014, 03:30:50 AM |
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Insufficient funds bug is fixed (at least for me).
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Digital Gold for Gamblers and True Believers
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PirateHatForTea
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February 12, 2014, 05:59:18 AM |
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Also why do i need a invitation code to ask question on the BFX forum ?? how do i get one ?
This confused me for months as well, because it wasn't in the original registration email or anywhere else. Turns out BFX send out 2 emails when you sign up, one for the platform, and another one with an invitation code for the forums. Just search your email for 'bitfinex invited' and it should come up.
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Unlevereged financial instruments acting as a store of value that fluctuate 50% within 10 minutes is perfectly acceptable. I think it should be offered in IRA form to soon to be retirees.
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Speckle21
Newbie
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Activity: 16
Merit: 0
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February 12, 2014, 08:31:16 AM |
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Insufficient funds bug is fixed (at least for me).
yup! my withdraw processed as well and is in my wallet now. Bitfinex is on the ball.
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sraosha
Newbie
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Activity: 23
Merit: 0
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February 12, 2014, 11:10:58 AM |
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Insufficient funds bug is fixed (at least for me).
For me as well. Bitfinex replied with an email only half a day later. Good service…
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halcyon
Member
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Activity: 70
Merit: 10
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February 12, 2014, 11:15:54 AM |
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Bitfinex already become second largest BTC exchange for USD weighted average. How true is that? exchange volume % volume ฿ last price bitstamp 36.67% 39,255.46 672.0 USD bitfinex 36.06% 38,602.91 675.0 USD btce 26.55% 28,424.78 651.3 USD https://bitcoinaverage.com/markets.htm#USD-nomillibitin fact bitfinex is already the largest exchange... just think about how much of bitstamps volume is due to trades on bitfinex
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sraosha
Newbie
Offline
Activity: 23
Merit: 0
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February 12, 2014, 11:18:28 AM |
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Bitfinex already become second largest BTC exchange for USD weighted average. How true is that? exchange volume % volume ฿ last price bitstamp 36.67% 39,255.46 672.0 USD bitfinex 36.06% 38,602.91 675.0 USD btce 26.55% 28,424.78 651.3 USD https://bitcoinaverage.com/markets.htm#USD-nomillibitin fact bitfinex is already the largest exchange... just think about how much of bitstamps volume is due to trades on bitfinex …but it is not shown anymore as Bitstamp orders since a few days. Does that mean they still have orders routed via Bitstamp and just don't show them for better usability, or did they disconnect from Bitstamp? One thing I could not find out.
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halcyon
Member
Offline
Activity: 70
Merit: 10
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February 12, 2014, 11:22:01 AM |
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Bitfinex already become second largest BTC exchange for USD weighted average. How true is that? exchange volume % volume ฿ last price bitstamp 36.67% 39,255.46 672.0 USD bitfinex 36.06% 38,602.91 675.0 USD btce 26.55% 28,424.78 651.3 USD https://bitcoinaverage.com/markets.htm#USD-nomillibitin fact bitfinex is already the largest exchange... just think about how much of bitstamps volume is due to trades on bitfinex …but it is not shown anymore as Bitstamp orders since a few days. Does that mean they still have orders routed via Bitstamp and just don't show them for better usability, or did they disconnect from Bitstamp? One thing I could not find out. yes they don´t show them as Bitstamp orders, but rather include them in the Bitfinex orderbook. This should results in better usability (because the Bitstamp fee is already included in the displayed price)
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BitBits
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February 12, 2014, 11:47:16 AM |
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Bitfinex already become second largest BTC exchange for USD weighted average. How true is that? exchange volume % volume ฿ last price bitstamp 36.67% 39,255.46 672.0 USD bitfinex 36.06% 38,602.91 675.0 USD btce 26.55% 28,424.78 651.3 USD https://bitcoinaverage.com/markets.htm#USD-nomillibitin fact bitfinex is already the largest exchange... just think about how much of bitstamps volume is due to trades on bitfinex Are you sure that Bitfinex originated trades and sent to BitstampStamp, are not double reported? My feeling is that they are, but I am not saying that this is a problem whatsoever.
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Empty
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halcyon
Member
Offline
Activity: 70
Merit: 10
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February 12, 2014, 12:02:01 PM |
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Bitfinex already become second largest BTC exchange for USD weighted average. How true is that? exchange volume % volume ฿ last price bitstamp 36.67% 39,255.46 672.0 USD bitfinex 36.06% 38,602.91 675.0 USD btce 26.55% 28,424.78 651.3 USD https://bitcoinaverage.com/markets.htm#USD-nomillibitin fact bitfinex is already the largest exchange... just think about how much of bitstamps volume is due to trades on bitfinex Are you sure that Bitfinex originated trades and sent to BitstampStamp, are not double reported? My feeling is that they are, but I am not saying that this is a problem whatsoever. could be possible, not entirely sure about this...
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ledmaniak
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February 12, 2014, 04:35:52 PM |
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Read their announcement page.. It is integrated.
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Bitcoin: 1Cxi8BLvScSm1mW6kjb5MNeJZPrvAiYL6B Litecoin: LLmjtrrq1ZeD51NSUJ8VanuQduW8Ma3jrs
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CambioBTC
Member
Offline
Activity: 112
Merit: 10
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February 12, 2014, 07:19:07 PM |
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+1, That's a BIG PLUS ONE For BitFinex, appears we made the right choice !
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Krazy-E
Jr. Member
Offline
Activity: 50
Merit: 1
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February 12, 2014, 11:02:54 PM |
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Hey everyone,
I guess it'll be my last message here for today, sorry I can't answer to every individuals requests. Requests made to our email support will be treated in the next few days, including those who lost money because of our trading halt.
So my point will be these: the liquidations that happened and took the price to 100 were less than 25% of the total leveraged long positions. A lot of traders also have collaterals in BTC. Which means that nor Bitfinex nor Bitstamp had enough depth to absorb the cascading liquidations that would have occured and drag the price to near 0 as ALL long would have eventually be liquidated.
So yes, halting the trading engine saved 15+ millions of dollars. Yes, we will be fair to traders that got caught in a short during these time (again, on support email, not in the thread). If you think we should have let liquidity providers lose everything and close the margin trading for good, I understand. Maybe we halted the trading engine a bit too long. But we do not regret this decision and think this was the fairest decision to take.
One last thing: we are not impacted by the problem of Bitcoin withdrawals MtGox have. When a withdrawal seems to have failed, we use the bitcoin address to do a manual double check. So far this is not an issue.
Thank you all for your comprehension and have a good day Raphael
Hello, I sent a support ticket without reply about money lost. Hopefully I will get a reply sometimes. Of course, it may sound an idiot amount for you guys, but for a trader who doesn't make much and is hard working, it's pretty sad to lose money that should have been prevented if a system was regulated and following trading best practices. Waiting for a reply and will report on how it went. Thanks.
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Longhorn
Newbie
Offline
Activity: 1
Merit: 0
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February 12, 2014, 11:05:20 PM |
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I had a long position at 19.80 worth about 1BTC. When the market went $100, I was margin called. There seems to be some conflicting info on reddit and here regarding those traders with a long position that were reimbursed.
So answer this: Am I SOL? Or will Bitfinex eventually get to my account and roll back the mess?
Thanks everyone in advance!
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nrd525
Legendary
Offline
Activity: 1868
Merit: 1023
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February 13, 2014, 01:59:20 AM |
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You need to restate your problem.
I'm guessing you did not have a long position of 1 BTC with a buy-in at $19.80 USD for that position. If you did, why would it be a problem if BTC was worth $100 (as you would be sitting on a $80.20 profit).
... As for the larger issue - time will tell whether everyone gets reimbursed.
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Digital Gold for Gamblers and True Believers
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Indamuck
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February 13, 2014, 02:36:29 AM |
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Hey everyone,
So yes, halting the trading engine saved 15+ millions of dollars. Yes, we will be fair to traders that got caught in a short during these time (again, on support email, not in the thread). If you think we should have let liquidity providers lose everything and close the margin trading for good, I understand. Maybe we halted the trading engine a bit too long. But we do not regret this decision and think this was the fairest decision to take ...
Thank you all for your comprehension and have a good day Raphael
Hello, I sent a support ticket without reply about money lost. Hopefully I will get a reply sometimes. Of course, it may sound an idiot amount for you guys, but for a trader who doesn't make much and is hard working, it's pretty sad to lose money that should have been prevented if a system was regulated and following trading best practices. Waiting for a reply and will report on how it went. Thanks. I also tried to cover a short at around $550 ... even a market order wouldn't execute. I guess at Bitfinex one has to wait 3-4 days to get a fill via e-mail. Not a trader's platform, plain enough ...
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wilfried
Sr. Member
Offline
Activity: 288
Merit: 250
ManualMiner
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February 13, 2014, 12:02:18 PM |
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hy, is it supported to place a trailing stop @ -x ("minus x")? i.e. as long as a position is @ -p/l that could be useful
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Indamuck
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February 13, 2014, 12:18:05 PM |
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Am I the only short-seller still waiting for fill via E-MAIL from the 'magic platform' that is Bitfinex?
Amidst the Monday sell-off I put in a Market Order Buy-to-Close a short I had placed over the weekend in anticipation of Gox' well telegraphed press release. Anyone with half a clue knows nothing good comes out of Gox. (Yes Mr. CFO, I do have a crystal ball, and from time to time it even works.)
So here's the magic question: How many DAYS does it take to confirm a fill with a Market Order on this platform?
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akujin
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February 13, 2014, 04:31:42 PM |
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Can I start trading without sending any documents? Just send my BTC to my account at bitfinex?
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BTC: 165rKPfGJ3ndrG1QziHR6ACnViP4EQHNK7 LTC: LMysGMFjmF9gR9RzStij74msXrDP1NqW8X DOGE: DRZXGgcKN8kANwko3VycsBVVGqfy6XsSpM
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fonzie
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February 13, 2014, 04:33:54 PM |
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Can I start trading without sending any documents? Just send my BTC to my account at bitfinex?
Yes
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"To know death, Otto, you have to fuck life in the gallbladder" www.hsbc.com - The world´s local bank "These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
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