lg1500
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October 06, 2014, 09:30:13 PM |
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bitfinex th1 need much more Mining Contract Size
wake up bitfinex, prize is too high 1.25-1.30 this prize is manipulated becouse no swap for short positions, i dont want end on 15.12.2014 with prize 1 th/btc and useless th1 with high swap. Or worse prize above 2.0 th1/btc after 15.12.2014 and margin call with lost all.
you told about adding more contract size, but nobody selling, this mean all is manipulated and you need do something.
who want 2 month contract for 1.3 btc/th1 when is worth now something like 0.7-0.8 btc with 10 % increase diffculty
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szmarco
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October 07, 2014, 12:16:33 AM |
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Are any of you guys having issues with two factor auth? I'm having issues authenticating. (Pretty sure my keys are correct, never had a past issue)
No. Nobody else posted the same problem after your post. You should post a ticket to OP. That will help you.
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kb24mvp
Member
Offline
Activity: 210
Merit: 10
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October 07, 2014, 09:42:44 AM |
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In terms of daily vs term swap:
Changing from daily to term shouldn't change what rates I had locked in right? I'm thinking it only changes the mechanism of payment (from me paying the interest daily to the interest being accumulated and the USD being used to pay my BTC swap cost borrowed from the swap market) but not the swap term
Is this correct?
Anyone? I changed my term to daily and somehow it closed my current swap that I had and re-opened a new one I was under the impression it only changes how I pay for the interest and not my actual existing swap!? Does BFX still read this thread? can i get an answer here?
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lg1500
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October 07, 2014, 02:51:12 PM |
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what is wrong with you bitfinex do something with th1 !!!, too much swap used, no more swap left, prize cant go down, i dont want lost all my money becouse you not adding any more asset size, look for swap demand and swap in use, if prize will still go up, my dividends and swap cost will eat my balance, and prize will make margin call.
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001sonkit
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October 07, 2014, 03:02:02 PM |
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what is wrong with you bitfinex do something with th1 !!!, too much swap used, no more swap left, prize cant go down, i dont want lost all my money becouse you not adding any more asset size, look for swap demand and swap in use, if prize will still go up, my dividends and swap cost will eat my balance, and prize will make margin call.
I am a shorter too but thats your falut on poorly managing your position.
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GEMINI ACCOUNT REVIEW - Source of Funds Request
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lg1500
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October 07, 2014, 03:54:58 PM |
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what is wrong with you bitfinex do something with th1 !!!, too much swap used, no more swap left, prize cant go down, i dont want lost all my money becouse you not adding any more asset size, look for swap demand and swap in use, if prize will still go up, my dividends and swap cost will eat my balance, and prize will make margin call.
I am a shorter too but thats your falut on poorly managing your position. my positions are managed good, but still if left 10-20 days and prize skyrocket above 2 all is lost
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lg1500
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October 07, 2014, 04:14:16 PM |
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I write e-mail about th1 bitfinex (Question) Hello, i have question
i margin seling TH1 1.30, what will happen on 15.12.2014 ? are you add one big sell TH1 for 0.00 btc or 0.0001 btc/th1 ?
i think this is only solution to prevent manipulation when someone cant close margin position and still need paying swap costs, for something expired
(Answer) Hello,
At the end of the contract, the TH1 becomes worthless (all positions and balance reset to 0).
Best regards John Support department Bitfinex team
Good news this mean after 15.12.2014 people with th1 cant manipulate all who margin selling positions,
if you margin selling 1.00 th1 for 1.3 btc on 15.12.2014 you will get 1.3 btc -dividend cost -swap cost,
current this mean 40-50 % profit
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Glandoux
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October 07, 2014, 05:49:48 PM |
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Minimum trade is still 0.1 BTC.... why so high... Put it back to 0.01.
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DerekH
Newbie
Offline
Activity: 11
Merit: 0
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October 07, 2014, 06:35:16 PM |
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I've been waiting 2 weeks for a reply from support@bitfinex.com. I send an email a week ago to contact@bitfinex.com asking for an update and they said they would forward it to IT but no update since. Anyone else able to get through to them?
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gog1
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October 08, 2014, 05:19:46 PM |
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Total USD swap is $19.5 million, and less than $500k to 0.1%. A lot of people pull their offer or people find better alternative?
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superbit
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October 08, 2014, 06:01:34 PM |
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I write e-mail about th1 bitfinex (Question) Hello, i have question
i margin seling TH1 1.30, what will happen on 15.12.2014 ? are you add one big sell TH1 for 0.00 btc or 0.0001 btc/th1 ?
i think this is only solution to prevent manipulation when someone cant close margin position and still need paying swap costs, for something expired
(Answer) Hello,
At the end of the contract, the TH1 becomes worthless (all positions and balance reset to 0).
Best regards John Support department Bitfinex team
Good news this mean after 15.12.2014 people with th1 cant manipulate all who margin selling positions,
if you margin selling 1.00 th1 for 1.3 btc on 15.12.2014 you will get 1.3 btc -dividend cost -swap cost,
current this mean 40-50 % profit
Not at these insane swap costs, need more supply!
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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October 08, 2014, 09:43:28 PM |
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Total USD swap is $19.5 million, and less than $500k to 0.1%. A lot of people pull their offer or people find better alternative?
Yes, buying cheap bitcoins .
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oyvinds
Newbie
Offline
Activity: 48
Merit: 0
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October 08, 2014, 10:01:23 PM |
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Total USD swap is $19.5 million, and less than $500k to 0.1%. A lot of people pull their offer or people find better alternative?
Do not worry, never mind that. There are millions of idle USD sitting there just waiting for the rates to move up, just like there's a million USD sitting in people's accounts waiting for another price-drop which won't come - not that jonny short lately and his friend's aren't trying..
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gog1
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October 09, 2014, 02:46:27 AM |
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There seems to be a bot that takes the offer and immediately closes it (closing within 1 minutes). Rather annoying.
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kb24mvp
Member
Offline
Activity: 210
Merit: 10
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October 09, 2014, 08:02:44 AM |
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In terms of daily vs term swap:
Changing from daily to term shouldn't change what rates I had locked in right? I'm thinking it only changes the mechanism of payment (from me paying the interest daily to the interest being accumulated and the USD being used to pay my BTC swap cost borrowed from the swap market) but not the swap term
Is this correct?
Anyone? I changed my term to daily and somehow it closed my current swap that I had and re-opened a new one I was under the impression it only changes how I pay for the interest and not my actual existing swap!? Thought they hired a PR guy to help answer some Q's around here? This prob effects a lot of people so if anyone knows lmk
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noggin-scratcher
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October 09, 2014, 09:28:10 AM |
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In terms of daily vs term swap:
Changing from daily to term shouldn't change what rates I had locked in right? I'm thinking it only changes the mechanism of payment (from me paying the interest daily to the interest being accumulated and the USD being used to pay my BTC swap cost borrowed from the swap market) but not the swap term
Is this correct?
Anyone? I changed my term to daily and somehow it closed my current swap that I had and re-opened a new one I was under the impression it only changes how I pay for the interest and not my actual existing swap!? My understanding of it was that it should only change how you pay you swap fees, with 'Daily' taking the amount out of the collateral in your trading wallet each day, and 'Term' taking out a small amount of extra swap each day to cover the fee, which you then settle all of at the end of the swap duration. I don't know why that would have closed your existing swap before it was due to expire.
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kb24mvp
Member
Offline
Activity: 210
Merit: 10
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October 09, 2014, 09:50:23 AM |
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In terms of daily vs term swap:
Changing from daily to term shouldn't change what rates I had locked in right? I'm thinking it only changes the mechanism of payment (from me paying the interest daily to the interest being accumulated and the USD being used to pay my BTC swap cost borrowed from the swap market) but not the swap term
Is this correct?
Anyone? I changed my term to daily and somehow it closed my current swap that I had and re-opened a new one I was under the impression it only changes how I pay for the interest and not my actual existing swap!? My understanding of it was that it should only change how you pay you swap fees, with 'Daily' taking the amount out of the collateral in your trading wallet each day, and 'Term' taking out a small amount of extra swap each day to cover the fee, which you then settle all of at the end of the swap duration. I don't know why that would have closed your existing swap before it was due to expire. yes exactly, that was how I thought it was too I was almost certain but it shouldnt change what the actual swap was, just HOW its paid and thanks for the reply noggin Official answer from BFX would be good as I'm sure it may confuse a lot of traders if it actually changes what the swap is
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freakbits
Newbie
Offline
Activity: 33
Merit: 0
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October 09, 2014, 10:24:06 AM |
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How can I offer swaps at FRR via API? I know how to offer at non-frr, but I don't see a way to offer at frr?
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lg1500
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October 09, 2014, 07:29:32 PM |
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th1 dump begin 1 hour ago, now still chance to sell you th1 high
This is not margin selling with using swap, this is normal Exchange sell TH1, this mean big dump, i think 0.7 low
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