Bitcoin Forum

Other => Beginners & Help => Topic started by: bV on March 29, 2013, 09:29:55 PM



Title: Please approve account
Post by: bV on March 29, 2013, 09:29:55 PM
I need to participate in a discussion on the ICBIT thread due to the recent controversy surrounding it. Is anyone able to approve my account to leave the newb section? I dont want to just spam replies or wait around for hours as this is very important to me.


Title: Re: Please approve account
Post by: Kitemike on March 29, 2013, 09:38:09 PM
I need to participate in a discussion on the ICBIT thread due to the recent controversy surrounding it. Is anyone able to approve my account to leave the newb section? I dont want to just spam replies or wait around for hours as this is very important to me.
You've created a thread, spam it do death!


Title: Re: Please approve account
Post by: gweedo on March 29, 2013, 09:39:01 PM
There is a whitelisting sticky post in the newbie forum you need to write in that, but that doesn't mean it will happen...


Title: Re: Please approve account
Post by: bV on March 29, 2013, 09:58:51 PM
I need to participate in a discussion on the ICBIT thread due to the recent controversy surrounding it. Is anyone able to approve my account to leave the newb section? I dont want to just spam replies or wait around for hours as this is very important to me.
You've created a thread, spam it do death!

SPAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAM


Title: Re: Please approve account
Post by: Terrance on March 29, 2013, 09:59:56 PM
What is spam?  I don't even...

 ;D


Title: Re: Please approve account
Post by: Mike Christ on March 29, 2013, 10:10:30 PM
Spam: the other kind of ham.


Title: Re: Please approve account
Post by: user123 on March 29, 2013, 10:11:48 PM
approval required. urgent.


Title: Re: Please approve account
Post by: bV on March 29, 2013, 10:42:50 PM
approval required. urgent.

this is the new whitelist thread! post here for approval! (just kidding, believe in jesus)


Title: Re: Please approve account
Post by: Kárhozat on March 29, 2013, 10:45:51 PM
thanks for giving me a thread to reply to


Title: Re: Please approve account
Post by: uk1 on March 29, 2013, 10:48:42 PM
Whitelist Requests
https://bitcointalk.org/index.php?topic=15911.4220


Title: Re: Please approve account
Post by: coqui33 on March 29, 2013, 11:21:52 PM
What do you want to say about icbit? Can you give a preview here?


Title: Re: Please approve account
Post by: bV on March 30, 2013, 01:09:41 AM
What do you want to say about icbit? Can you give a preview here?

Yes, the issue that occurred yesterday was that the trading session was manually cleared about two hours after the normally scheduled 20:00 clearing. The trading sessions are supposed to last 24 hours, but with this manual clearing, the price was allowed to go way beyond the supposed 10% daily trading range.  I had 10% of my coins in reserve so that none of my positions would be closed if the worst case scenario happened (bottom of the trading range was hit). I was logged into the site and ready to send additional funds if the trading range moved into a position where my positions would be at jeopardy. After the normally scheduled clearing, I did my math and confirmed I was in the clear. Two hours later, the admin of the site manually cleared again, so that he wouldnt have to assume any risk to himself for the drastic movements of the spot price (when it went down to 75/80 for a couple hours). The 10% I had in reserve was no longer sufficient to cover my losses at this new trading range, and over 40% of my positions were forcefully closed (sold at very unfavorable prices). The site has since changed its text describing what a 'trading session' is, and claims to reserve the right to do manual clearing as it sees fit. I feel that this manual clearing cost me over 15BTC in my positions and trading fees, and want to get the community's input on how this was handled.