Bitcoin Forum

Economy => Speculation => Topic started by: Andrew Bitcoiner on February 08, 2012, 03:11:36 AM



Title: bitcoinica 24h: ฿43,874 mtgox 24hr: ฿65,433 = insane
Post by: Andrew Bitcoiner on February 08, 2012, 03:11:36 AM
From what I am reading here, Bitcoinica is running 2/3 of the volume on mtgox.  I don't know how often this happens, this is the first time I made the connection, but presumably it is like this every day? I am clearly in the wrong business, as are the X number of alternative exchanges.


Title: Re: bitcoinica 24h: ฿43,874 mtgox 24hr: ฿65,433 = insane
Post by: ineededausername on February 08, 2012, 03:24:44 AM
Only a fraction is hedged.  (% shown publicly)


Title: Re: bitcoinica 24h: ฿43,874 mtgox 24hr: ฿65,433 = insane
Post by: teflone on February 08, 2012, 03:37:55 AM
This is why Bitcoinica needs to be its own exchange


Title: Re: bitcoinica 24h: ฿43,874 mtgox 24hr: ฿65,433 = insane
Post by: Bigpiggy01 on February 08, 2012, 04:02:56 AM
Quote
This is why Bitcoinica needs to be its own exchange

Nah man that's why Zhoutong needs a caustic soda enema :)


Title: Re: bitcoinica 24h: ฿43,874 mtgox 24hr: ฿65,433 = insane
Post by: M4v3R on February 08, 2012, 08:10:57 AM
This is why Bitcoinica needs to be its own exchange

AFAIK Zhou is working on this as we speak. It would also explain his absence on the forums - he was way more active here before he announced plans for his own exchange :).


Title: Re: bitcoinica 24h: ฿43,874 mtgox 24hr: ฿65,433 = insane
Post by: old_engineer on February 08, 2012, 09:09:43 AM
From what I am reading here, Bitcoinica is running 2/3 of the volume on mtgox.  I don't know how often this happens, this is the first time I made the connection, but presumably it is like this every day? I am clearly in the wrong business, as are the X number of alternative exchanges.


as of right now, bitcoinica reads: ฿40,893.38 (44% hedged)

so 17992 btc activity on mtgox was due to Bitcoinica
which was 17992/65433 = 27% of MtGox

No, it's not like that every day.  What I've noticed is that there's a lot more bitcoinica activity as a % of MtGox during sideways days.  And when there's a starfish all day (like on a bull market day), bitcoinica activity goes way down.



Title: Re: bitcoinica 24h: ฿43,874 mtgox 24hr: ฿65,433 = insane
Post by: muyuu on February 08, 2012, 09:16:38 AM
This is why Bitcoinica needs to be its own exchange

I guess there are legal and infrastructure challenges into that.


Title: Re: bitcoinica 24h: ฿43,874 mtgox 24hr: ฿65,433 = insane
Post by: teflone on February 08, 2012, 02:38:54 PM
This is why Bitcoinica needs to be its own exchange

I guess there are legal and infrastructure challenges into that.

Mr Obvious says what ? :D



Title: Re: bitcoinica 24h: ฿43,874 mtgox 24hr: ฿65,433 = insane
Post by: Vandroiy on February 08, 2012, 10:02:21 PM
Only a fraction is hedged.  (% shown publicly)

Well, it shows 150%. What the hell does that mean?

Also, is "hedged" a part that is bucket shopped or a part that is traded on Mtgox?


Title: Re: bitcoinica 24h: ฿43,874 mtgox 24hr: ฿65,433 = insane
Post by: mahingupta on February 09, 2012, 05:48:29 AM
Only a fraction is hedged.  (% shown publicly)

Well, it shows 150%. What the hell does that mean?



This one goes to 11...
http://www.youtube.com/watch?v=T0wm3JwXbLs (http://www.youtube.com/watch?v=T0wm3JwXbLs)


Title: Re: bitcoinica 24h: ฿43,874 mtgox 24hr: ฿65,433 = insane
Post by: old_engineer on February 09, 2012, 08:27:18 AM
Only a fraction is hedged.  (% shown publicly)

Well, it shows 150%. What the hell does that mean?

Also, is "hedged" a part that is bucket shopped or a part that is traded on Mtgox?
hedged = traded on Mt.Gox.  150% = error, does not compute.  Maybe he did a one-time transfer?

Any why the heck is the speculation subforum the default support forum for bitcoinica?!?  Oh, right, he's offloaded support onto everyone else.