Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
Arthur Randolph
on 11/04/2014, 17:05:23 UTC
Can we have the option of generating READ-ONLY keys? Or even better, granular ACLs, like a key that allows swap operations but not trading, etc. That would instantly enable a whole ecosystem of connected services using the Bitfinex API.
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Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
Arthur Randolph
on 16/03/2014, 01:02:18 UTC
Overall, I like these changes, which sound like a platform evolving into maturity.
One thing: would you be open to capping the transfer fee at, say, 100$/transfer?
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Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
Arthur Randolph
on 06/02/2014, 14:01:49 UTC
Hi jbssm,
In light of your legal proceedings, it is in your best interest to abstain from making comments on a medium subject to legal discovery. Anything that you say here can be distorted in a court of law by Bitfinex lawyers. Quietly gather proofs and then make a case to a judge. Your lawyer will thank you for it.
These guys do have bank accounts on EU that they use to transfer the funds and for want I see some of them live here. Just because it's not regulated it doesn't stop being a liability under the law in Europe.
Yeah but you can't sue them for stealing your money, because they didn't. That a trade in cryptocurrency malfunctioned or was turned back is not something you're going to find regulated to the point you can ask for compensation.
And let's be honest, you're not really going to sue anyone, it's not a positive value move. It's just a lot of noise because you're unhappy but realistically there is nothing you can do but hope the people running that site give you some compensation, if they feel like it.
Let's be serious. For the amount of money I have to loose from this. I'm surely as hell suing these guys and first I'll start by making a complaint at the police.
You fail to realize, that I wasn't trading in crypto anymore. The trade was done, and my money was in dollars. Dollars is not a crypto currency and last time I saw, it's heavily regulated. So they didn't take my BTC (LTC actually) they took my dollars. That's a crime under any law.
You (or someone) gave the example of Coinbase and how the site went down and how people lost their money and that I just have to live with it? Oh well, turn on the news... the guy is under arrest and was pending trial last time I checked.
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Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
I really think they should take away the flash return rate concept. Every lending offer / borrowing request should be either limit order or market order (ie. hitting up the lowest available lending offer or highest borrowing request).
The FRR does help dampen the sometimes crazy swings of the best interest rate as provides a form of mid-market rate for the lazy. The situation is a bit asymmetric though. In an up market, traders are at an advantage because their default settings is to pick either fixed or variable rates, whichever is lower, and they can sometimes snag some FRR offers when the rate lags. On the other hand, lenders have to decide whether they want to (auto-)loan at fixed or variable rate, but not both. This causes the situation where offers are either taken at a suboptimal rate or not at all (since there's a better offer on the other side of the FRR/Fixed choice). It would greatly help if FRR had some other form of incentive, such as lower fees or liquidity guarantees.
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Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
Also the ability for borrowers to close a loan anytime and take a new offer at a better rate. While the lender is stuck at his pre-set rate and time..
That sounds exactly like how loans work. You're welcome to refinance or pay back by anticipation any time you want and the bank is not allowed to kick you out of your home.
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BoardSpeculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
Arthur Randolph
on 23/04/2013, 03:15:06 UTC
Two bluff 1KBTCish bid walls at 129$ got called. Organic bids not ramping up much. It seems like everyone is waiting for a big buyer to show up and do all the work.
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Re: [BETA]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
As of right now it has these features: instant page updates: the orderbook on the exchange/trade page will load as soon as the page does (instead of 30 seconds later) and update slightly faster USD value order editing: want to convert all the USD in a wallet into BTC without taking the calculator? Type your price and USD amount and the BTC amount will auto calculate Cloudflareflare Cloudflare mitigation: exasperated by your orders getting eaten by Cloudflare and being unable to trade for ~45 seconds every time? Here comes the rescue. Orders will submit in a hidden iframe. If the Cloudflare page is detected, the BUY and SELL buttons will flash "Cloudflared!" until the Cloudflare page clears. Then just resubmit when the buttons come back to normal. BONUS: submitting an order will not reload the entire page, losing the order book for 30 seconds! Confirmation for orders in transit: buy/sell button is replaced by a loading animation when the order is in transit. Click to copy price/volume: click on orderbook prices and volumes to autotype order. Want to snag that order at the bottom of the order book? Click on the price or volume and it will auto type it on the appropriate buy or sell side of the order form. REMEMBER TO ALWAYS LOOK AT THE ORDER YOU ARE SUBMITTING. - Deposit interest information: yearly interest rate and interest per day data in deposit view.
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Re: Wall Observer - MtGoxUSD wall movement tracker
by
Arthur Randolph
on 12/04/2013, 10:12:34 UTC
The manipulators executed a cunning heist today: - wait for MtGox to open late at night - wait until North America gets sleepy - DDoS until everyone is fed up of waiting, call it a day and go sleep, expecting MtGox to be dead all night again - dump BTC on a very low volume market - trigger a whole bunch of stop orders - set the stage for a panic sell at very low prices in the morning when people wake up
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Re: Wall Observer - MtGoxUSD wall movement tracker
by
Arthur Randolph
on 12/04/2013, 03:01:59 UTC
live trade feed back on!!! YEAH!
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Re: Bitcoin-Central, first exchange licensed to operate with a bank. This is HUGE
by
Arthur Randolph
on 08/04/2013, 10:07:04 UTC
Even market orders are not going through. Hey, lagging is a MtGox thing only!
Edit: Went through at 149.89EUR, that's 194.72USD, whereas MtGox is at 184.38USD. Srsly...
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Re: Bitcoin-central resumes operations
by
Arthur Randolph
on 07/04/2013, 03:00:22 UTC
So we can place orders now which will be executed once the market opens. But without being able to see the order book, I'm a bit weary of doing that, especially since it's been suspended for so long. How am I supposed to price?
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Re: Wall Observer - MtGoxUSD wall movement tracker
simply have some reserve fiat to place a bid at the pre-dump price.
Who needs reserve fiat when you can margin trade? Of course, you need to be comfortable with the added adrenaline. I made a killing yesterday on these dumps. Manipulators are more than welcome being stupid. Their actions are some of the most predictable on the market.
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Re: Wall Observer - MtGoxUSD wall movement tracker
by
Arthur Randolph
on 03/04/2013, 04:37:45 UTC
Dump show is over, now is the 2400BTC scare sell wall show at 122.9$. This really needs more variety.