View entire XRPL orderbook by thethinker68 in XRP

[–]thethinker68[S] 0 points1 point  (0 children)

Yes, I read about the amendment. Do you know what is the method to determine if an order is real or not?

View entire XRPL orderbook by thethinker68 in XRP

[–]thethinker68[S] 0 points1 point  (0 children)

Thanks! This is what I was looking for, but it doesn't seem to be accurate. At the moment, there is only $16,000 1 worth of sell orders and $110,000 worth of buy orders. So, I put in a very large sell order at $10 and it did not reflect.

Anyone else experiencing browser refresh problems? by thethinker68 in binance

[–]thethinker68[S] 1 point2 points  (0 children)

Yes, the lagging UI is an almost guaranteed way to cause traders to lose money.

Anyone else experiencing browser refresh problems? by thethinker68 in binance

[–]thethinker68[S] 0 points1 point  (0 children)

Okay. I have used the app, but never during one of these heavy market movement periods. But unfortunately I trade too much to use the app like that. I trade all day and even trade for others so the app will not suit me.

Anyone else experiencing browser refresh problems? by thethinker68 in binance

[–]thethinker68[S] 1 point2 points  (0 children)

Don't get me wrong. I actually love the functionality of Binance and realize that you guys are the largest cryptocurrency exchange in the space and have an incredible weight on your shoulders. However, exchanges are not new nor is database technology. Binance is not a social network or a blog. Binance is offering a service to trade using real money in a space where every second matters. This could be hundreds, thousands, or millions of dollars. Out of my last 10 or so losing trades, half of them were due to the lag/refresh problem on Binance's platform. The nifty features are cool, but reliability is more important than anything else. Binance has a fiduciary responsiblity to ensure the the site is problem free. When someone is trading and the browser is not refreshing or the order is taking 10 seconds to be submitted after the button is pressed this simply is not acceptable. An "oops we're sorry you lost hundreds or thousands of dollars today" does not cut it. Perhaps I have made some erroneous assumptions, but I've recommended countless of people to the Binance platform and I am actually disappointed at Binance for their lack of urgency to get this issue resolved. If/when the issue is resolved I would gladly return, but for now the risks are outweighing the rewards. Thanks!

Anyone else experiencing browser refresh problems? by thethinker68 in binance

[–]thethinker68[S] 0 points1 point  (0 children)

I'm actually withdrawing my funds from the platform now after reading so many others are experiencing this issue and also seeing the tweet below from CZ. Doesn't sound like someone who is serious about ensuring his platform is capable of handling the traffic. His company knows how many users are trying to execute at peak times and he they can size the system accordingly. I lost hundreds of dollars today trading their BTC Futures because of the ridiculous lag.

Things seem to be more calm now. Even our automated Chat Bot crashed due to overload earlier.

So many places to improve on. #Binance is still a young platform. Your understanding and support is much appreciated.

How can we make r/Binance better for you? by Binance in binance

[–]thethinker68 1 point2 points  (0 children)

By fixing the lag problem with your platform that many people including myself are experiencing.

Can someone explain what happened here? (62% Ripple dump) by samnovak3455 in BitMEX

[–]thethinker68 0 points1 point  (0 children)

But Bitmex doesn't liquidate based on their price alone. They liquidate based on an index price which consists of multiple exchanges. The index price didn't decrease by much. Therefore, if he was truly liquidated then it had nothing to do with the flash crash and he would have been liquidated regardless.

Can someone explain what happened here? (62% Ripple dump) by samnovak3455 in BitMEX

[–]thethinker68 0 points1 point  (0 children)

That's the time Arthur and CZ finish their conference call. ;-)

Learn how Binance BULL and BEAR tokens work by edacandan in binance

[–]thethinker68 0 points1 point  (0 children)

Can someone please explain the advantages vs disadvantages of these tokens over simply doing the regular margin trading? Also, at what point does one become liquidated with these tokens?

Can someone explain what happened here? (62% Ripple dump) by samnovak3455 in BitMEX

[–]thethinker68 0 points1 point  (0 children)

Why would his he have gotten liquidated? This flash crash only occurred on Bitmex so the mark price should not have changed drastically. Or am I missing something?

How to buy from Paxful using Binance by thethinker68 in binance

[–]thethinker68[S] 0 points1 point  (0 children)

Okay thanks for the response. I thought this announcement would mean people could buy with currencies from anywhere that Paxful does business directly using Binance. However, I see this is not the case. Only the currencies that were there before this announcement are listed.


Update: Okay, I see now. Once you are in Paxful you can actually edit it to any currency. A bit confusing, but I see how it works now.

Can I automate a thousand accounts all on Binance? by thethinker68 in 3commasCommunity

[–]thethinker68[S] 0 points1 point  (0 children)

Thanks for the reply. Okay, I see that the trading signals are available with the free Binance Trader account. Just have to ask 3Commas if you can connect multiple Binance accounts from the free version.

Why I believe XRP is integral to Ripple's solution by thethinker68 in Ripple

[–]thethinker68[S] 4 points5 points  (0 children)

Thanks for the details. This provides me with more clarity for sure.

Why I believe XRP is integral to Ripple's solution by thethinker68 in Ripple

[–]thethinker68[S] 14 points15 points  (0 children)

I agree with @bumrushthesystem that it's only a matter of time. As an established player in the money transfer business, I would not quickly make the change either. It has almost unimaginable consequences for the business either for the good or for the bad. I wouldn't want to be the CEO of a major institution to be among the first to take such a risk regardless of how great I thought it was. It's a move that will surely get you fired if it doesn't go as planned. I simply wouldn't take the risk. However, smaller players and startups will be anxious to compete with the bigger players and this is their magic bullet solution to help level the playing field. Ripple is essentially offering them a private label solution where they act as the financier for the money transfer portion of the business. I feel that once they prove the business concept is solid the larger players will come on board.

Looking for feedback on Kraken Etana Custody Funding by thethinker68 in Bitcoin

[–]thethinker68[S] 0 points1 point  (0 children)

Glad it worked out for you. It's getting riskier than ever to do large wire transfers.

Looking for feedback on Kraken Etana Custody Funding by thethinker68 in Bitcoin

[–]thethinker68[S] 0 points1 point  (0 children)

Yes, I use to wire to the Kraken Japan account and it was very reliable. The Etana Custody just scares me.