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Author Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading  (Read 723631 times)
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Sukrim
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February 25, 2014, 01:31:38 AM
 #2441

WTF?!

I wanted to re-do an offer that was going to expire about by now - and the time keeps increasing on the "expire in" column. I just watched it increase it from 10 minutes to 14, then 15 minutes! Right now it is sitting at 18 minutes and counting. I suspect the timer has already expired and it is counting negative time already, but for some reason the loan hasn't been closed/calculated yet.

Is lending really real-time?!

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
flower1024
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February 25, 2014, 02:05:11 AM
 #2442

why do you dont talk to bitstamp?
you could get to an agreement which would solve the deposit/withdraw problem.

btc can be solved with multi-sig: just let both sides sets up a service which signs transactions (eg bfx btc sold on stamp: bfx and stamp signs transaction to stamp, bfx btc sold on bfx: stamp signs that too and "withdraw" it). (i am sure there are better solutions than this: just a sleepy idea.)

usd can be handled with lawyers...
superbit
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February 25, 2014, 02:12:23 AM
 #2443

why do you dont talk to bitstamp?
you could get to an agreement which would solve the deposit/withdraw problem.

btc can be solved with multi-sig: just let both sides sets up a service which signs transactions (eg bfx btc sold on stamp: bfx and stamp signs transaction to stamp, bfx btc sold on bfx: stamp signs that too and "withdraw" it). (i am sure there are better solutions than this: just a sleepy idea.)

usd can be handled with lawyers...

I don't know the logistics of the exact solution, but it would be a good idea to work something out.

https://bitfinex.com/?refcode=UInJLQ5KpA <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with the refcode
My feedback thread: Forum thread
Lonechaos
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February 25, 2014, 02:44:55 AM
 #2444

Please replenish your hot wallet Smiley
whatthesith
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February 25, 2014, 02:57:58 AM
 #2445

WTF?!

I wanted to re-do an offer that was going to expire about by now - and the time keeps increasing on the "expire in" column. I just watched it increase it from 10 minutes to 14, then 15 minutes! Right now it is sitting at 18 minutes and counting. I suspect the timer has already expired and it is counting negative time already, but for some reason the loan hasn't been closed/calculated yet.

Is lending really real-time?!

I have asked this question before. Here is the answer.



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MustMan
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February 25, 2014, 03:14:57 AM
 #2446




I got up to 27 minutes so far.
whatthesith
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February 25, 2014, 03:40:54 AM
 #2447

Dear Bitfinex Support,

I have made a 10 BTC withdrawal request to this address "12RgWErZ9ERXP5XeBQiNZGshAZuX1sCWey" and it does not appear on blockchain.

https://blockchain.info/address/12RgWErZ9ERXP5XeBQiNZGshAZuX1sCWey

There is no incoming coins with 10BTC at around 2014-02-25 00:00:00 GMT.

However, the latter withdrawals can be done successfully .

#72601 2014-02-25 01:19:29 GMT5.8766 BTCSuccess https://blockchain.info/tx/c839db37386eb529020d7961da22deaa8368872bc885d7a7a85e98faa89d52e2
#725622014-02-25 00:49:30 GMT2.6048 BTC Success https://blockchain.info/tx/01547d2bdc5920567514f3101b022bfdae3a463f8222ef52de395e438fb4eb44
#724962014-02-25 00:00:00 GMT10.0000 BTCMissinghttps://blockchain.info/tx/0bd9d8a37e64ad443e0b3db0de77cc91bd4ea351aa389bf93acb8ff02d7e5783



Currency   Amount   Method   Updated   Status
BTC   -5.8766   BITCOIN   about 2 hours ago   Completed 12RgWErZ9ERXP5XeBQiNZGshAZuX1sCWey, txid: c839db37386eb529020d7961da22deaa8368872bc885d7a7a85e98faa89d52e2
BTC   -2.6048   BITCOIN   about 3 hours ago   Completed 12RgWErZ9ERXP5XeBQiNZGshAZuX1sCWey, txid: 01547d2bdc5920567514f3101b022bfdae3a463f8222ef52de395e438fb4eb44
BTC   -10.0   BITCOIN   about 3 hours ago   Completed 12RgWErZ9ERXP5XeBQiNZGshAZuX1sCWey, txid: 0bd9d8a37e64ad443e0b3db0de77cc91bd4ea351aa389bf93acb8ff02d7e5783
BTC   -2.0468   BITCOIN   24 Feb 20:49   Completed 12RgWErZ9ERXP5XeBQiNZGshAZuX1sCWey, txid: 6e31aaf0431a743344368de7efbb403e5358767d9cf2decf35a74d6e9feed2a1

Mycro Jobs                                                                                                                                                                                                   
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nmersulypnem
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February 25, 2014, 03:44:43 AM
 #2448

It would be great if Bitifinex could add its name to this joint statement...

http://www.circle.com/2014/02/24/joint-statement-regarding-insolvency-mt-gox/
MustMan
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February 25, 2014, 04:20:32 AM
 #2449

It would be great if Bitifinex could add its name to this joint statement...

http://www.circle.com/2014/02/24/joint-statement-regarding-insolvency-mt-gox/

+1
Indamuck
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February 25, 2014, 05:15:33 AM
 #2450

BFX - can you guys make some general statement re: whether the 'platform' has been able to liquidate margin traders in a timely manner during this downturn?? In other words, to what degree are lenders at risk here?

Thanks.
nmersulypnem
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February 25, 2014, 05:44:51 AM
 #2451

BFX - can you guys make some general statement re: whether the 'platform' has been able to liquidate margin traders in a timely manner during this downturn?? In other words, to what degree are lenders at risk here?

Thanks.

I'm not seeing a "flash crash" here.  The drops seem slow enough to properly liquidate people.
MustMan
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February 25, 2014, 06:12:39 AM
 #2452

《Bitcoiners Demand Greater Transparency in Exchanges》
http://www.cryptocoinsnews.com/2014/02/22/proof-liquidity-exchanges-operators/

Are our funds safe in Bitfinex??
superbit
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February 25, 2014, 06:27:21 AM
 #2453

Well that was a crazy run, I had a ton of BTC borrowed, I'm still bearish but profit taking with 80% of the coins now.

https://bitfinex.com/?refcode=UInJLQ5KpA <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with the refcode
My feedback thread: Forum thread
Lonechaos
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February 25, 2014, 06:59:10 AM
 #2454

Would be nice to have an indicator if the hot wallet is near empty or already empty. Nothing worse than having coins stuck at withdraw during turbulent times for 10+ hours
Indamuck
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February 25, 2014, 07:16:15 AM
 #2455

BFX - can you guys make some general statement re: whether the 'platform' has been able to liquidate margin traders in a timely manner during this downturn?? In other words, to what degree are lenders at risk here?

Thanks.

I'm not seeing a "flash crash" here.  The drops seem slow enough to properly liquidate people.

As recent events have reminded us, it is not always as it 'seems.' A quick comment from BFX would be nice, but I'm not holding my breath. Yes, your observation is accurate and a little reassuring. Still, as a lender, I fish for as much reassurance as I can get ...
threecats
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February 25, 2014, 09:46:07 AM
 #2456

Dear Bitfinex Support,

I have made a 10 BTC withdrawal request to this address "12RgWErZ9ERXP5XeBQiNZGshAZuX1sCWey" and it does not appear on blockchain.

https://blockchain.info/address/12RgWErZ9ERXP5XeBQiNZGshAZuX1sCWey

There is no incoming coins with 10BTC at around 2014-02-25 00:00:00 GMT.



I am having the same exact problem with an 11 btc withdrawal from this morning. Have you gotten any response?
whatthesith
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February 25, 2014, 10:00:20 AM
 #2457

Dear Bitfinex Support,

I have made a 10 BTC withdrawal request to this address "12RgWErZ9ERXP5XeBQiNZGshAZuX1sCWey" and it does not appear on blockchain.

https://blockchain.info/address/12RgWErZ9ERXP5XeBQiNZGshAZuX1sCWey

There is no incoming coins with 10BTC at around 2014-02-25 00:00:00 GMT.



I am having the same exact problem with an 11 btc withdrawal from this morning. Have you gotten any response?

Not yet. Still waiting for their response.

(And this is NOT a transaction malleability problem, as there is no other transaction id with the same amount, same timestamp appears on the block chain.)

Actually, all the incoming coins to my address "12RgWErZ9ERXP5XeBQiNZGshAZuX1sCWey" are originated from bitfinex withdrawal.

I think they can trace all the withdrawal records and check their balances.




Mycro Jobs                                                                                                                                                                                                   
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February 25, 2014, 10:03:56 AM
 #2458

Ok, thx. I have also mailed support, no response yet. I was wondering if it a manual transaction / delay got triggered for some reason, but it all seems very strange.
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February 25, 2014, 11:22:30 AM
 #2459


Had the same problem, it was super annoying. And I missed out lending it out at a much higher rate....

░░▒▒▓▓▓▓▓************** DFINANCE is New Age of DEFI **************▓▓▓▓▓▒▒░░
░░▒▒▓▓▓▓* Bitcointalk ▐  TwitterReddit ▐  Telegram ▐  Github ▐  Discord *▓▓▓▓▒▒░░
░░▒▒▓▓▓** A Non-Code Platform for Decentralized Trading Instruments **▓▓▓▒▒░░
whatthesith
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February 25, 2014, 11:56:35 AM
 #2460


I got up to 27 minutes so far.

Had the same problem, it was super annoying. And I missed out lending it out at a much higher rate....

I already get used to this "problem"

Actually, they just need to adjust the time displayed on that page to become the actual closing time.

(The exact minute of each hour to close all expires swaps is very easy to figure out if you experienced in lending)


Users probably don't mind the length of the swaps extends within an hour, but they will frustrate why the time keep increasing and yelling for help if they need the fund urgently.



Off topic: I am still frustrating where my 10BTC gone  for half day while the price of BTC  already rides on a roller coaster

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