Post
Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
lg1500
on 16/10/2014, 09:06:21 UTC
Hello
my bitfinex nick : lg1500

i sent couple mails to bitfinex support about th1, without any respond,



i was forced to close my 4*th1 short positions, above buying prize.
i shorted 4xth for prize 1.30 from 1.10.2014, i had set close prize for 0.9102 before i made decision to close positions this mean 1.56 btc profit, instead i made 20 % lost
i closed my positions at 1.32 becouse i was afraid to loosing all in high swap and forced liquidate.

1. bitfinex not added new assets from 15 day
2. i never get any respond about th1 from support.
3. someone on forum write, bitfinex not responding to mail about th1
4. I don't think we should be punished for figuring out that the market was poorly designed and taking our own actions in response to Bitfinex's inaction.


8.10.2014
"when you will do something with th1 market ? new contracts ?, prize is ridiculous high, i dont want end with margin call on prize 1.5 after swap cost and divident cost eat my balance.ę

10.10.2014
"are you abandoned th1 ? from 11 days we dont have more th1 assets, i feel like i can end rly bad with high swap cost and high prize soon."

12.10.2014
"Hello

i shorting th1/btc, from 13 days you not adding more assets, you made great market for manipulation, there is no more swap left, people will be forced to liquidation, or big losses, i never expected you will stop adding more assets, if i know that i would never short that th1. Who will be responded for all shorterst losses if this market will fail becouse this ?"


Are you Bitfinex will reimburse our losses ?

I am going to guess that you did not receive an answer to your question because we had no answer.  We are certainly aware of potential problems and have sought to mitigate them, but we do not control the supplier or the market maker.  It may be a sub-optimal arrangement, which is why we continue to tweak the terms for TH1.  That is why we refer to it as a BETA product.

no answer ? you always can tell me about future changes, anything, i closed my positions becouse i was rly scared about loosing all, and bitfinex 14 days silent didnt help me