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    Saturday, March 10, 2018

    [Daily Discussion] Saturday, March 10, 2018 Bitcoin Markets

    [Daily Discussion] Saturday, March 10, 2018 Bitcoin Markets


    [Daily Discussion] Saturday, March 10, 2018

    Posted: 09 Mar 2018 08:06 PM PST

    Thread topics include, but are not limited to:

    • General discussion related to the day's events
    • Technical analysis, trading ideas & strategies
    • Quick questions that do not warrant a separate post

    Thread guidelines:

    • Be excellent to each other.
    • Do not make posts outside of the daily thread for the topics mentioned above.

    Other ways to interact:

    submitted by /u/AutoModerator
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    How long time before BitMEX request KNC/AML verification ?

    Posted: 10 Mar 2018 05:46 AM PST

    Regulatory pressure will intensify in the coming weeks and months, just a thougth.

    *KYC/AML

    submitted by /u/Hornkild
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    Attention traders: The bitcoin misery index is here

    Posted: 10 Mar 2018 02:13 AM PST

    Full article: https://cryptonewsmagnet.com/bitcoin-misery-index/

    Thomas Lee is co-founder of Fundstrat Global Advisors and Wall Street strategist. He has developed the Bitcoin Misery Index (BMI). BMI is a contrarian index that informs people the misery bitcoin holders are facing.

    submitted by /u/nicacryptonewsmagnet
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    Experience with Crypto Facilities bitcoin futures new platform?

    Posted: 10 Mar 2018 03:50 AM PST

    So because certain exchanges have had problems I have explored alternative bitcoin futures exchanges.

    I noticed Crypto Facilities in the links sidebar on this sub and saw they have a new platform.

    They compute the index for the CME futures but have their own separate exchange too.

    Anyone have experience trading there?

    submitted by /u/BTCFuturesGuide
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    Historic price data - sources?

    Posted: 10 Mar 2018 04:23 AM PST

    I'm looking for an API which gives precise historic price data down to at least a minute, but preferably to the second... can anyone point me in the right direction?

    submitted by /u/Free__Will
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    Are the API endpoints susceptible to phishing attacks like the recent incident at Binance?

    Posted: 10 Mar 2018 09:36 AM PST

    reading this article https://coincentral.com/binance-funds-safe-users-affected-api-hack-will-unauthorized-trades-reversed/ it says that the attackers phished out regular user credentials; then created API keys in those cracked accounts; and used the API & keys to execute their attack.

    Luckily, attackers were thwarted by Binance before they could get away with any illicit gains.

    The crux of the attack was that real users have away usernames & passwords to a site running on a very similar domain name. There usernames & pws were later used by the attackers to log into accounts and configure them to be accessible with Binance's API.

    Meanwhile, Binance's API is accessed via a different sub-domain.

    My question is if there is a risk in getting phished out directly on the API sub-domain?

    AFAIK, the risk of such attack is MUCH SMALLER: because API access uses encryption and the message I send from my bot to the endpoint is encrypted with my secret key. Binance knows my secret key since its creation and Binance uses it to validate that my message indeed came from me. Unlike the username/pw submitted on real (good) or fake sites (bad), the secret key is not transmitted via APIs. Therefore, if I accidentally sent my API message to a fake (phishing) API domain, they would not be able to get my secret key as it is not in the message and it CANNOT be reverse-engineered from the encrypted message /signature. The damage I could suffer is message delay or they might reverse-engineer my trading logic. But they would not be able to create fake instructions/messages on my behalf.

    Can anyone else chime in on my conclusion?

    submitted by /u/AlgosForCryptos
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    Bitfinex - Honey Framework

    Posted: 09 Mar 2018 12:17 PM PST

    An algorithmic order toolkit for customised order types

    At Bitfinex we are dedicated to releasing rock-solid new features on the first attempt whilst constantly pushing the boundaries of the digital asset trading space.

    We realize many of you are curious as to what is happening behind the scenes at Bitfinex. With this in mind, we've decided to release a preview of a new feature we are very excited about: The Honey Framework.

    https://medium.com/bitfinex/honey-framework-d1d37d02f1df

    submitted by /u/windsok
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    Why is it that no exchanges improve their trading features instead of adding coins as their main selling point?

    Posted: 09 Mar 2018 01:28 PM PST

    I have been using Bitfinex more and more recently(No Tether FUD here please, I am aware of the risks and trade with 3-5% I can lose) and is discovering new small features and things every week. Just a thing as this "stacked order" tool they have, where you can put in you want to have X order with a total value spread over a certain price range. Or the nice tradingview integration. Or that they offer margin on most altcoins, which makes technical trading very nice and easy. I mean, GDAX or Kraken do not even have take profit/stop loss in the same order, wtf? How can you risk handle with that?

    Now to the question, how come other big players like Binance or GDAX doesn't seem to move in this direction at all? Technical reasons, more viable to just add coins to gain % from volume ?

    When you are used to BFX and their tools , and that they offer margins on so many pairs all others look like a NES-game.

    submitted by /u/csasker
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    Beat CoinMarketCap

    Posted: 09 Mar 2018 02:00 PM PST

    We need to beat CoinMarketCap. I started to support a smaller website called CoinRanker which offers life prices. Don't like the idea supporting the biggest platform

    submitted by /u/SillyGirlSilly
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    The Market is Not Doomed I'm Just a Loser

    Posted: 09 Mar 2018 10:13 PM PST

    I screwed up and sold at the wrong time. This market looks pretty good. I apologize to everyone for the gloom and doom. GL.

    submitted by /u/olesentv
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    I Was Wrong About the Crash Happening (BUY,BUY,BUY)

    Posted: 09 Mar 2018 10:10 PM PST

    I'm still in cash because I can't buy back in and take a loss because I sold at a bad time. I think that it will probably rally from here. It's obviously going back up and I would buy if I could. Sorry everyone for being so negative with my other posts.

    submitted by /u/olesentv
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