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Holy crap that's a lotta dough.

Does that mean that the person owes bitcoinica money?  Or does it just mean that they lost everything they had?

Yep. I bet the Yakuza is on its way to collect. I wouldn't want to be that guy.

The last screenshot is showing someone who shorted for 14150 BTC. The first one is showing someone who went long for 20000BTC.

I am liquidating soon.  Get ready :)
I want to be able to say, "I am the Manipulator," so that's why. lol

The reason of rally found.

DOWN !!!

down we go, for sure :)

Anyone know what happens when the guy presses "Liquidate" on his 20k BTC position?  The sell price is $6.06, but that's only 50 BTC of liquidity, right?  How does he know what price he will get on the other 19,950 BTC and where the spread will end up?

He doesn't. That's why he should use limit orders.

Anybody want to squeeze him up ?

I knew it in the other thread. LOL.

OK, but I keep reading that there's no way on bitcoinica to partially close one's position.  So if guy sets a limit order, it will close all or none, but never partially?

http://cache.ohinternet.com/images/thumb/2/2d/Trollface_HD.png/618px-Trollface_HD.png

Can't believe anyone fell for my 20k position. 

the P/L for the shorted position is blocked off i presume?

What the heck is P/L and all this trading terminology ? I feel like an idiot when I read the speculation boards. LOL

So the trolling starts again?

Yeah, seems like it.

P/L means Profit/Loss


You can close it partially, the profit/loss just won't be added/subtracted to your account before the entire position has been closed.

Haha, my thoughts exactly :) We can't see at what leverage it is, though. If he's at 1:1 it's not that easy to squeeze him, but we can make him start losing by pushing the price higher. Perhaps he will panic-liquidate and push the price even higher!

Since it hasn't been said yet, I'll say it.


This could easily be fake.

You can edit the page's text, edit the page's source code, or even just edit the screen shot with photoshop.

I did so, and it earned me -16 on bitcoin-otc.
Don't troll on that channel, guys.  It is fun but expensive ;)

Kind of what i was trying to say when I commented about trolling. Who tips their hand like that?

They are srs over there. -16 for trolling lol  :D
It isn't like the speculation section here.

Yeah, they sure are srs.  Bitcoin is Serious Business.

Is it safe to assume that a market order liquidation on bitcoinica will, at worst, be filled with the visible depth on mtgox?



OK, so orders can be partially closed.  Its just that the realized P/L of a position isn't available for withdrawal or for opening a new position until the entire position is closed (can only have one position per account on bitcoinica).

Also, if I understand this right, gains partially realized are then moved into the margin for the open position.  So if a market order is only partially filled, but then swings the other way before being completely filled, one could be facing forced liquidation if it moves far enough against the position.

Can you change the margin of an open position?

Nicely shaped ascending triangle at $6.25 plus shrinking ask depth.  I hope he closed that position.

With decreasing ask depth to 7 (only 16k atm) and an ascending triangle, this situation is getting interesting.

you can only do that with compressed jpeg's. with png this kind of analysis is impossible.

Technical analysis doesn't work each time.
And fastest uptrend is already broken (we are at side corridor now)

The army of bears will not pass the bulls.

For whom?

Yes.

Has anyone determined if these pics are faked?  Guess I should start a short position on my other acct to hedge...

There's also the possibility that the photos are not faked, and that the long position is held by someone on the inside, in which case they might be able to circumvent the 50 BTC liquidity rule...

... hey c'mon -- it's a speculation forum, right?? ;D

How's that supposed to be possible? Only people with bitcoinica insider knowledge could determine wether or not these are fake.

Or the people who made them...

I made the second one lol.  It's fake, I thought everyone already knew that.. I posted a giant trollface and NOBODY SAW IT?

OHHHHHHHHHH, THaaaat's what that face picture means...   ;D

They're fake and fake.

thanks for the info, zhoutong.