Jump to content
Sign in to follow this  

Cryptocurrency Mega Thread

Recommended Posts

They just announced yesterday they will be trading on weekends from 8 am till Sunday 10pm

During the week I have been able to trade from 4 in the morning till midnight

Share this post


Link to post

Do you mind referring me to that particular announcement? I don't seem to be able to trade on Bitcoin today which Saturday evening - it says markets are closed.

Share this post


Link to post

Sorry i copied the email below I see it is only from 18 Nov

 

rom 18 November, you’ll be able to trade on Saturdays as well as Sundays, on the FTSE, the Germany 30, Wall Street, bitcoin, bitcoin cash and ether.

 

Our new weekend hours across indices will be 8am on Saturdays to 10.40pm on Sundays (UK time). Any weekend index position held through Sunday’s close will be rolled into a weekday contract. Please note that stops and limits on weekday indices are not affected by weekend trading.

 

Our cryptocurrency markets will open at 8am on Saturdays, and remain open until 10pm on Fridays (UK time). Please be aware that any attached or unattached stops or limits can be triggered during this new trading session.

Share this post


Link to post

I keep getting my BTC trades rejected with no explanation other than'rejected sorry'. Are people coming across the same issue?

 

I raised a ticket with the support desk and apparently the reason for the rejections is that the market was in an 'un-longable' state at the time I attempted my trades. I don't understand why, if the market is open, we are not allowed to place a long position.

 

It almost feels like trades are not allowed when they have a high probability of being winners?

 

Keen to hear if anyone is experiencing this problem.

 

Screenshot_20171107-072455.png

Share this post


Link to post

Yes I've been having the same issue.

 

Perhaps IG should introduce some sort of alert function to notify us of when unlongable/shortable restrictions are removed.

Share this post


Link to post

Big scam report from Canada involving Bitcoin ATM's . 45 people lose $340,000.

2 points, caller id on your phone can be faked, and scammers are demanding payment into a Bitcoin ATM.

 

https://www.financemagnates.com/cryptocurrency/news/scared-vulnerable-canadian-victim-lost-12000-bitcoin-atm-scam/?utm_content=buffer59108&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

 

sca.PNG

Share this post


Link to post

Ouch on the scam! As well as placing leaflets at the bitcoin ATMs, the police should be placing leaflets in banks saying, "don't withdraw your savings and give them to a stranger".

Share this post


Link to post


Caseynotes wrote:

NY Times piece on the increasing concerns around crypto exchanges re; hacking and security, disclosure and business models.

 

 

nyt1.PNG

 

 

An interesting article about Bitfinex, I'll definitely continue to avoid them. When you look at what happened at say Equifax, or remember the Bangladesh Bank losing $101 million to hackers, it is any surprise there are also badly run and poorly secured exchanges. It's a shame they don't offer any constructive advice about how to invest safely in the article.

 

Share this post


Link to post


getrichquik wrote:

James, why is trading in cryptos frozen sometimes? What if want to liquidate a position and its low volume?

Hi  - if you were in a position you would be able to close your deal (provided the market was open on IG). The 'unlongable' and 'unborrowable' rejections would only stop a new trade being booked onto an account. I hope this clarifies things. 

Share this post


Link to post

What would be useful is if we could get a notification when trading crypto currencies is frozen and then unfrozen. At the moment I just have to keep checking manually on each of the ones I want to trade

Share this post


Link to post

James I’m new here. How often does the buy option become unavailable ? When are you expecting it to come back.

Share this post


Link to post

Optimising their offerings means making the markets 'unlongable' and therefore untradable?

Share this post


Link to post


Chrisjoe wrote:

If I have a position in Etheruem and my stop or limit isn't hit, will it rollover until tomorrow?

 - yes - all positions will remain open until you either close the position, your stop is hit, or your losses on the account cause margin issues which would cause the position to close. We don't 'roll' positions (close and reopen) they simply stay open until the above criteria are hit. 

Share this post


Link to post

Your content will need to be approved by a moderator

Guest
You are commenting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Member Statistics

    • Total Topics
      6,079
    • Total Posts
      26,693
    • Total Members
      33,889
    Newest Member
    galina2809
    Joined 23/01/19 05:15
  • Our picks

    • The pull-back is here - APAC brief 23 Jan
      The pull-back is here: The pull-back markets were waiting for – the one we inevitably had to have – has arrived. It’s risk-off across financial markets and the optimism that drove global stocks off their December lows has subsided. Relatively speaking, it’s been a day of significant downside, but nothing yet to warrant tremendous fear. It should be common knowledge, but it bears repeating: proper validation that global equities have truly established a recovery ought to be judged not by the latest high, but by where markets form their next low. The retracement which is apparently upon market participants now hands a golden opportunity to judge this market for what it truly is – have the bulls reclaimed their dominance, or have the bears lulled them into a trap, and now stand poised to assert further downside?


      The market’s rationale: A greater look at this subject and Wall Street’s price action later. In relation to the overnight sell-off, the rationale was as feeble as the one that got stocks to their recent peaks in the first place. It’s been chalked up to reduced positivity towards the trade-war, and renewed concerns about global growth. To begin with, very little data throughout the past week has provided a clear and substantial picture on economic growth. The boost in sentiment has come from geopolitical or monetary policy developments that was assumed to be supportive of the growth outlook – at some point in the future.  Some nice-noises made between the US and China in trade negotiations here, and a few dovish comments from a handful of US Fed speaker there, is what ignited the latest part of the risk-on rally.
      • 0 replies
×