log☇︎
1765 entries in 0.607s
pgp: what happens when the market moves down too fast for bitfinex to autoliquidate the margined longs?
MJR_: i mean, the only counter party risk is between you and bitfinex
bowjob: to bitfinex
mircea_popescu: using bitfinex is like swimming in the east river.
pgp: that's usually what it is over at bitfinex
mircea_popescu: the only result was some even worse idiots made bitfinex.
mircea_popescu: yes. to bitfinex.
mircea_popescu: http://bitbet.us/bet/362/bitfinex-insolvent-by-end-of-april/
[\\\]: I'm sure people on bitfinex are making a killing
jurov: [\\\]: bitfinex
MJR_III: bitfinex sucks, they don't actually send orders out, but whatever engine they have doesn't send them out quickly enough, which partially gox's fault
MJR_III: fuck when i finally got back on bitfinex i am greeted by the position i didn't know i had
taub: bitfinex would work better if they would deploy on a more solid exchange
MJR_III: mircea_popescu: so what is cloudflare actually doing for bitfinex
MJR_III: its mostly for fun on my bitfinex account, i usually just lend out the money, but interest rates have dropped, so i am actively trading the account to try and grow it a bit
MJR_III: i can't trade at all right now, bitfinex is fucked
smickles: ya know, i don't recall bitcoinica going down as often as ya'll say bitfinex goes down
MJR_III: bitfinex is down i think
DeaDTerra1: then I am thinking of just longing on bitfinex to hedge the risk and borrow BTC
MJR_III: but, you can also go to bitfinex's own book
MJR_III: i mean on bitfinex
MJR_III: bitfinex.com
MJR_III: have you ever even seen bitfinex's site
MJR_III: and go to bitfinex and take out the short
MJR_III: no one has defaulted on bitfinex
MJR_III: bitfinex connects to gox
MJR_III: go to bitfinex
pgp: 4000 showed up for sale on bitfinex
pgp: bitfinex back up
pgp: goddamned bitfinex!
pgp: funny thing is that I shorted on bitfinex and now I can't even get to the fuckin' site!
pgp: bitfinex is still unavailable - I wonder what's going on...
pgp: can anyone else get to bitfinex?
pgp: looks like bitfinex is down...
mircea_popescu: instead using that as a nest egg to compete in the bitfinex/icbit scamspace ?
mircea_popescu: basically we have mpex ; havelock/bf/btct ; icbit/bitfinex/picostocks/bitbillions/whatever was the other two or three shits
MJR_: lol, margin lending on bitfinex
MJR_: unfortunately this software is just now realizing the sell, there is lag from gox, then lag to the charts, then lag to bitfinex
mircea_popescu: hes' the guy who "opensourced" the bitcoinica code, so abominations like bitfinex could spring up
MJR_III: lol, i am loving bitfinex
mircea_popescu: bitfinex ?
mjr_: especially if you were leveraged 5 to 1 on bitfinex
mircea_popescu: re bitfinex prolly check out https://bitcointalk.org/index.php?topic=140484.0
unbalanced: What's this bitfinex I heard earlier today a few times?
mjr_: also i lend money out on bitfinex so i always have dollars too
MJR_: I hedge my portfolio partially with lending dollars on bitfinex
MJR_: I hedged by investing dollars to lend at bitfinex
pgp: go to bitfinex for the proof
kakobrekla: bitfinex or smth
mircea_popescu: people would just mindlessly replicate it (see bitfinex) then we'll be well fucked
mircea_popescu: Gateway capacity trouble at Coinbase? Is anyone else having problems with Bitme deposits? Mt.Gox Payment system problem What the fuck Bitfinex? MtGox should halt trading when Order Lag time is this long. Anyone's bitfloor deposits working?
[\\\]: are there bets on how long bitfinex goes before a default?
[\\\]: meanwhile the rates on bitfinex usd keep going up
mircea_popescu: unlike the bitfinex system w./e that is, you actually have signed receipts to prove this on mpex.
mjr__: mircea_popescu: I would rather have my shares in a pool for lending with the understanding that the guy has to have assets to back it up. Similar to bitfinex's system
gesell: how does https://bitfinex.com/pages/stats determine its bear bull index?
mircea_popescu: anyway, vircurex/cryptostocks got owned, bitfinex escaped through global disinterest.
jurov: <mircea_popescu> [11:04:46] mjrIII bitfloor is a bitcoinica clone running stolen code <<< you confuse it with bitfinex, no?
markedathome: bitfinex?
mircea_popescu: o wait, i guess that bitfinex stolen code thing also ?
mircea_popescu: New peer-to-peer lending on Bitfinex << pigeons!
kakobrekla: um bitfinex is btc/usd only rite?
mircea_popescu: anyway, i think someone sorta-competent bought a chunk of bitfinex interest or some sort of deal
smickles: mircea_popescu: You've been entirely left out here: http://bitcoinmagazine.net/bitfinex-bitcoinica-rises-from-the-grave/
dub: Bitfinex, How does it works?