Quote from: DoubleSwapper on July 13, 2014, 06:30:02 PM

I'm very happy to see that the Bitfinex Team is still working so intensively on the platform and it's possibilities.
From reading through these changes as a swap provider I'm going to assume that they will decrease the lending rates in the long term, but and this far important in my opinion they also have the potential to take off some of the huge leverage the platform is already on. Keeping the system stable and crash free is of the highest priority even if it hinders additional short term gains. Good Job, BFX. I now understand why you may not have had the time to answers questions in the last three days here.

Quote from: LOADING.READY.RUN on July 13, 2014, 03:41:10 PM

Hi Giancarlo,

Thanks for your reply. Even as a trader I agree that the safety of the lenders should be of highest concern.

It's just disappointing for me as I've learned to be really cautious and get into leveraged positions slowly and with tight stops as to keep my potential losses very low.

I generally like your platform and I really appreciate the way you're trying to implement feature suggestions by users and show that you care... And you've improved a lot in the last year at communicating technical changes/maintenance clearly and in time. But this is the point for me to take a new look at what other exchanges have to offer...

You should realize that by using BTC as a collateral for a long position you effectively had more leverage than intended and that using the volatile part of a very volatile trading pair assumes additional risk not only to you but to the whole market in case of a sudden drop. If you want to get into insane leverage you should check btc.sx. They offer 10 X leverage and from what I have read so far are guarranted to rip you off through large gaps, unfair stops and high slippage.

i dont quite get it, i always took long positions only with btc in my wallet, but no $, so whats the difference now? imo your leverage gets bigger only if logn positions go down or short positions up.