Re: [BETA]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
WOW.
Holding from a buy my position from $142 was just completely forced liquidated at $110, no notice/email/anything whatsoever and the required margin was nowhere near what I had available. I still had more than enough to cover in the account, I even still have .6 BTC after forced liquidation of entire position Then it in turn sold my BTC's @ 108. This is absolute insanity. Loans were to expire in about 1 month. I have high fortitude and would have kept holding. Just lost more than 2 Bitcoins because of this. Was so excited about Bitfinex since the error pages and other errors went away
This is SERIOUSLY not cool. Can I get any type of aid please?
Username: graphicimpulse
Holding from a buy my position from $142 was just completely forced liquidated at $110, no notice/email/anything whatsoever and the required margin was nowhere near what I had available. I still had more than enough to cover in the account, I even still have .6 BTC after forced liquidation of entire position Then it in turn sold my BTC's @ 108. This is absolute insanity. Loans were to expire in about 1 month. I have high fortitude and would have kept holding. Just lost more than 2 Bitcoins because of this. Was so excited about Bitfinex since the error pages and other errors went away
This is SERIOUSLY not cool. Can I get any type of aid please?
Username: graphicimpulse
Hello,
You got liquidated (margin) at 110 USD/BTC as your net value got under the minimum requirement which is position base * position amount * margin requirements (10%).
I am sorry for your loss but margin call got triggered as expected in your case, at 110 USD/BTC, and executed at 108 USD/BTC. You can send me an email if you want more detailed calculation about this liquidation.
best regards
Raphael
Bitfinex team