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Board Service Announcements
Re: [ANN] Bitfinex Market Depth Charts + Liquidity (Lending) Charts
by
nick32768
on 08/02/2014, 07:01:03 UTC
@ nick32768 not to burn your theory down, but I just don't see what I could do with it. Please add you're thoughts on why it's useful, maybe i'm just missing something Smiley Anyhow I really appreciate your input, so if you have more insight please do share them. I'm looking forward to to them

I the past days I noticed an increase of the lending rates when the bitcoin value was heading down. I expected exactly the opposite: lending rates going up when the price was rising.

Now there was the technical issue at Bitfinex + the price plunge and the open swaps positions in USD dropper from 21M to 15M, causing my theory to vanish.

In any case, when the market is moving, the rates changes quickly, so I find the chart useful in anycase.

Thanks again for your efforts!

Nick.