Post
Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
CambioBTC
on 10/02/2014, 18:51:29 UTC
Stamp  dropped  to 530.04  this morning,

Does anyone here know at just what level

BitFinex officially came back on-line for trading again ?

it was around $617 when bfx restarted,
I'm reaally down because i sold at ~600 hoping to get back in at $550. but just when i hit the buy button the trades were stopped.... Sad


I was tracking and saw the rise above 700,
which rose to 728,
it was my every intention to short that,
would have been a 198 point gain.

But my power here went out also if you can believe it or not,
then when it came back up BitFinex was halted at 598.

At least I was not long.

Thank God


P.S.:  But 617 is a 87-point
         lost opportunity, whew !

What gets me is that I've sat here in front of this computer
for two weeks straight, Jan 6, 2014 to Jan 20, 2014

and watched a sideways market for 2-Weeks straight,
now we finally get some action and this happens, incredible.

These opportunities are rare, maybe we will be lucky enough
to see lows like this again, that is if I'm not sleep at the time,
just happen to get out of bed last night, and still a double whammie,
power goes out and BitFinex halts trading, talk about "Bad Luck" !

I feel for ya,

At least you can mitigate your risk with a UPS for your computer/monitor/modem and such. It's something proactive you can do.

But the platform halting just hurts, there is nothing we can do on our end about it.

I hope BFX gives us a few days of zero fee trading or something to lessen the sting of these incidents.


Have everything backed up with a APS / UPS,

but they only provide like 5 to 10 minutes at most

of power, what I need to do is install a Gasoline-Generator,

or a monkey on a bicycle, lol  Smiley


Having sold at 600 I'm also feeling your pain,

Another Trader's advice to me in situations like

that has been to "Trade the Market, Not Your Position, You can always Find a Good Position / Entry"

Don't Worry about having sold low, make up for it via another good trade.