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Showing 20 of 42 results by nick32768
Re: @falllling: At What Price Is This Not A "Dead Cat Bounce"
Fallllllllllllllling is absolutely right, this is the proof:
In the last minute the price falled 0.73$, this is $43.8/hour, so in less than 12 hours bitcoin price will reach 0.00$
Is my analysis correct ?
Nick.
In the last minute the price falled 0.73$, this is $43.8/hour, so in less than 12 hours bitcoin price will reach 0.00$
Is my analysis correct ?
Nick.
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
^ "cancel all" still works.
We need a statement of the BFX team very soon!!
This caused a tiny panic in our tradingroom already and it doesn't feel very trustworthy if your exchange behaves weird all of a sudden...
We need a statement of the BFX team very soon!!
This caused a tiny panic in our tradingroom already and it doesn't feel very trustworthy if your exchange behaves weird all of a sudden...
Thanks!!!
BITFIN 2014 - Conference and Expo RDS Dublin, July 3-4, 2014
This conference seens interesting: http://www.bitfin.com/
Anyone is going ? Should expect some interesting news coming from this conference ?
Nick.
Anyone is going ? Should expect some interesting news coming from this conference ?
Nick.
more and more people are realizing 10% interest a month on bitfinex will almost certainly make more than long term btc holding.
At 10%/month (what I've been making at finex), btc would have to be 6000 in 2 years.
At 10%/month (what I've been making at finex), btc would have to be 6000 in 2 years.
I doubt most lenders lend out for months given the risk of goxings. Most are just lending out for a brief period.
I usually lend 66% of my money and use the remaining 33% for trading. Is a good balance, because the lends gives me a steady income (about 1.8%/week), while with the trading money I can have a good income from the market movements (like now... +30$ in 30 minutes).
Usually I lend money for 2 or 3 days, except when the offer goes over 0.4%, in this case I lend them for 30 days (but usually are closed earlier).
Nick.
So would you guys recommend lending money to Bitfinex to take advantage of the interest? Are they trustworthy? Do you have to provide documentation to verify your account?
It is not recommended unless you are already trading on bitfinex and sold near a top and are waiting for a few days for the market to go down. Lending out for the long term is too risky due to flash crashes and exchange goxings.
I was lending all the money I have on BFX the day of the crash, I think it was Feb 10th, and I did not had any loss. The only thing that happened was: many of my lend lots where closed very rapidly (i think because of people were automatically forced to sell).
The only real risk tat I see with BFX is the fact that the company is really small and not incorporated, so they can simply vanish with not so much consequences for them.
Nick.
It's bearish. The amount of money loaned out to take longs is now at an all time high meaning prices have been supported on fake money. Now the supply of real money to lend out has dried up which results in the supply/demand you mentioned. This is going to cause interest rates to rise. The higher interest rates will force people to dump as it is no longer profitable to hold with the way the trend currently is. This could end up turning into a cascade of stop losses and margin calls as 40,000BTC purchased with loaned money are dumped.
I use bitfinex mainly to lend money, in the last two weeks interest rates grew hi and I was able to gain up to 0.32% daily... this is good news for me
Nick.
Currently there are 11.8 Million dollar of USD swap demand, and only 1.1 Million of offers.
http://www.bfxdata.com/
Is this bad or good ?
Nick.
http://www.bfxdata.com/
Is this bad or good ?
Nick.
I've found some interesting trends that could indicate a turn into the direction to which BTC is heading
The steady decline is now being replaced by a slow increase. I'll keep an eye on this, when value touch the new trending lines.
Nick.
http://i.imgur.com/OXW3j1Y.png?1
The steady decline is now being replaced by a slow increase. I'll keep an eye on this, when value touch the new trending lines.
Nick.
http://i.imgur.com/OXW3j1Y.png?1
Bitcoin will test $400 floor in the coming days.
We have a 48% (rounded off) chance of retesting $266 +/- $100 margin of error within the next 2 weeks
We have a 48% (rounded off) chance of retesting $266 +/- $100 margin of error within the next 2 weeks
I hear the sound of popping bubbles... I'm short with PANIC buy at 343.
I like PANIC
Nick.
The mother of all crashes.
I'm waiting for it.
In 3 days the Aurora Coins will go live and then we will see its real value... near zero ?
Nick.
If only there were some mechanism or system out there to handle the micropayments for people doing the work.. hmmm.....if only....
Wow, great idea!
Why don't we create a digital currency... based on cryptography... without anyone controlling it... we could call it: 'bytecoin'.
Nick.
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
What is happening to the USD Liquidity offers ?
The minimum is now 0.9485, with no evidence of big movement of the BTC quotation.
Anyone know the reason ?
Nick.
The minimum is now 0.9485, with no evidence of big movement of the BTC quotation.
Anyone know the reason ?
Nick.