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

[Rytis Jonas]

Oh, now TwinWinNerD is offering me 66% 
It`s getting better and better

[1714153730]

1714153730

[1714153730]

1714153730

[BitBits]

Oh, now TwinWinNerD is offering me 66%  
It`s getting better and better

Would you quit begging already?
And to those replying, note that the guy wasted some 4 days worth of trading time while seeking for that better "rebate". There was about 20% BTC price change during last 3 days alone (that is some 50% accounting for leverage), while he keeps "negotiating" at milli-percents levels. I would not expect much from this referral.

[nrd525]

The legal status of bitcoin in Hong Kong
http://kayro.com.hk/en/news/140403-The-legal-status-of-Bitcoin-in-Hong-Kong/

[MustMan]

Oh, now TwinWinNerD is offering me 66% 
It`s getting better and better

Don't spam this thread, do it in personal messages.

[Rytis Jonas]

Oh, now TwinWinNerD is offering me 66%  
It`s getting better and better

Would you quit begging already?
And to those replying, note that the guy wasted some 4 days worth of trading time while seeking for that better "rebate". There was about 20% BTC price change during last 3 days alone (that is some 50% accounting for leverage), while he keeps "negotiating" at milli-percents levels. I would not expect much from this referral.

Okay okay, I know there was a big BTC price change during last days, I was just analyzing charts during my days, checking if my strategy of predicting short term BTC price directions works good most of the time. I`m studying everything, just learning before throwing money in to action.
Thats because I don`t want to go all in into something until I`m not sure that I will not lose.  You can call me coward, yes I am. I became like that when in the beginning of my sport betting carrier I was impatient ant trying to throw too much money into some betting strategies before testing them long enough to make sure that they really do work. If I would have tested them more before putting real money in them,  I would have found out that a lot of sport betting strategies do not actually work long term.  Since then I became a coward.


Ok whatever, I think I will just take TwinWinNerD offer 66%

[BitBits]

...Okay okay, I know there was ...

It's Ok, I apologize Rytis Jonas. Best of luck.

[Helix]

Quick question regarding the claim button... Am I right in assuming that the fee 0.2% is the total fee? There is no other buying and selling fees, because the claim option is counted as one transaction?

Also, will there be a possibility in the future of a "partial" claim, basically matching whatever BTCs you have in your margin wallet to whatever BTCs your short?

[lejiang]

"Pending Approval" in BTC withdrawal means that there is not enough BTC in hot wallet


(I have enabled 2 factor authentication)

BTC withdrawal delay more than 2 hours again.
I sent email to support and no response.

Is there some other method to contact them?

[whatthesith]

"Pending Approval" in BTC withdrawal means that there is not enough BTC in hot wallet


(I have enabled 2 factor authentication)

BTC withdrawal delay more than 2 hours again.
I sent email to support and no response.

Is there some other method to contact them?

Give them some time. There is nothing you can do now.

[Bonez0r]

Feature request: conditional close.

Something like Bitstamp introduced not too long ago. When you enter a buy order, you can also specify a price at which to sell. Then when your buy order is filled, a sell order is automatically created with the same amount of coins as the buy order. Vice versa for entering a sell order. Alternatively you could do it like Kraken, which has even more options for conditional close.

[BitBits]

Feature request: conditional close.

Something like Bitstamp introduced not too long ago. When you enter a buy order, you can also specify a price at which to sell. Then when your buy order is filled, a sell order is automatically created with the same amount of coins as the buy order. Vice versa for entering a sell order. Alternatively you could do it like Kraken, which has even more options for conditional close.

Can't imagine the situation when I would want to use such feature and neither did I see it implemented anywhere with major stock brokerages. It really sounds like trading "on vacation mode".  Is this the "goal" of such feature?

[Ente]

Feature request: conditional close.

Something like Bitstamp introduced not too long ago. When you enter a buy order, you can also specify a price at which to sell. Then when your buy order is filled, a sell order is automatically created with the same amount of coins as the buy order. Vice versa for entering a sell order. Alternatively you could do it like Kraken, which has even more options for conditional close.

Can't imagine the situation when I would want to use such feature and neither did I see it implemented anywhere with major stock brokerages. It really sounds like trading "on vacation mode".  Is this the "goal" of such feature?

This would be the most useful "auto" feature in my opinion.
Price rises dramaticly --> sell, and create buy order automatically
Price corrects shortly after: --> you buy back with profit.

This will create profit for the users, fees for the platform, and dampen the crazy swings a bit more. Everyone wins.

Ente

[unclescrooge]

Hello everyone,

Thank you for the feature requests, we always evaluate them although we don't add them all unfortunately.

On another note, we are happy to present you the result of our first audit on our BTC reserves: https://bitcointalk.org/index.php?topic=560457
We would like to perform regularly more such audits, including for our LTC reserves (and why not USD reserves once professional forms jump onto this market).

Have a good day
Raphael
Bitfinex team

[Spaceman_Spiff]

Hello everyone,

Thank you for the feature requests, we always evaluate them although we don't add them all unfortunately.

On another note, we are happy to present you the result of our first audit on our BTC reserves: https://bitcointalk.org/index.php?topic=560457
We would like to perform regularly more such audits, including for our LTC reserves (and why not USD reserves once professional forms jump onto this market).

Have a good day
Raphael
Bitfinex team

Thanks guys.

[Ente]

Hello everyone,

Thank you for the feature requests, we always evaluate them although we don't add them all unfortunately.

On another note, we are happy to present you the result of our first audit on our BTC reserves: https://bitcointalk.org/index.php?topic=560457
We would like to perform regularly more such audits, including for our LTC reserves (and why not USD reserves once professional forms jump onto this market).

Have a good day
Raphael
Bitfinex team

That's a great step forward, getting even more professional and all! :-)
Congrats!

Ente

[MustMan]

Hello everyone,

Thank you for the feature requests, we always evaluate them although we don't add them all unfortunately.

On another note, we are happy to present you the result of our first audit on our BTC reserves: https://bitcointalk.org/index.php?topic=560457
We would like to perform regularly more such audits, including for our LTC reserves (and why not USD reserves once professional forms jump onto this market).

Have a good day
Raphael
Bitfinex team

Well done, Bitfinex team.

Hope you will become the most trustworthy exchange in bitcoin community.

[senorv]

Hey everyone.. I'm new to bitcoin trading. I have a lot to learn before I actively start trading. So in the meantime, I wanted to use BitFinex to make some minimal gains via interest while I learn the ropes. I just spent the last few days getting my accoutn verified but still waiting on some money I deposited to clear.

Looks like the current return rates for swap lending is around 0.12-0.13%... I will test this out with about $100 to see what the whole deal is. But if it works out, I'm looking to deposit around $125,000

My question is, does all your money in your account get used up for lending immediately? Or does the system only use part of your money depending on the demand? Still trying to wrap my head around the whole process.

Thanks for any insight.
Cheers.
-senor

[bjornw]

Hey everyone.. I'm new to bitcoin trading. I have a lot to learn before I actively start trading. So in the meantime, I wanted to use BitFinex to make some minimal gains via interest while I learn the ropes. I just spent the last few days getting my accoutn verified but still waiting on some money I deposited to clear.

Looks like the current return rates for swap lending is around 0.12-0.13%... I will test this out with about $100 to see what the whole deal is. But if it works out, I'm looking to deposit around $125,000

My question is, does all your money in your account get used up for lending immediately? Or does the system only use part of your money depending on the demand? Still trying to wrap my head around the whole process.

Thanks for any insight.
Cheers.
-senor

hi senorv,

It all depends on the rate you want for your Swap offers. Currently the rate is indeed around 0.12% per day (0.1199% at the moment). So if you were to offer $125,000 at 0.1199% your swap offer will be on top of the lend book and as long as traders are opening leveraged long positions, traders need to take swaps currently offered in the lend book. But everything changes from moment to moment. if someone would offer swaps at 0.115 % those swaps will be taken before yours at 0.1199 %. It's all ask/demand.
You might want to have a look at http://charts-bfxdata.rhcloud.com. You'll find lot's of info about current and historical rates on Swaps of the Bitfinex platform. If you like a 10% discount on trading and swap fees for the 1st month you could use referer code UttOzlC1zZ when opening an account and you'll get a 10% discount on the fees of all trades and Swaps you do in the first 30 days.

Regards Bjorn

[ampere9765]

Bitfinex is listed as still being vulnerable to the Heartbleed OpenSSL attack.

http://www.reddit.com/r/Bitcoin/comments/22gq5e/heartbleed_bug_major_openssl_vulnerability_could/cgmyzwz

Bitfinex: Please let us know that you are applying the appropriate fix as soon as possible. Personally I am uncomfortable communicating my login credentials to bitfinex.com until the fix is in place.

I suggest everyone be very cautious here.

[whatthesith]

Hey everyone.. I'm new to bitcoin trading. I have a lot to learn before I actively start trading. So in the meantime, I wanted to use BitFinex to make some minimal gains via interest while I learn the ropes. I just spent the last few days getting my accoutn verified but still waiting on some money I deposited to clear.

Looks like the current return rates for swap lending is around 0.12-0.13%... I will test this out with about $100 to see what the whole deal is. But if it works out, I'm looking to deposit around $125,000

My question is, does all your money in your account get used up for lending immediately? Or does the system only use part of your money depending on the demand? Still trying to wrap my head around the whole process.

Thanks for any insight.
Cheers.
-senor

Swap contracts is very much like a normal trading. You have to specify amount, rate and period as an offer and wait for others to fill your swap contracts.

You may also provide the swaps with flash return rate and auto lend.


Thanks for further pushing the swap rates down by providing $125k liquidity. @@ (Just kidding)