Bitcoin Forum

Economy => Speculation => Topic started by: myself on April 10, 2012, 01:41:13 PM



Title: del
Post by: myself on April 10, 2012, 01:41:13 PM
del


Title: Re: Interest Indicator on Bitcoinica – Epic Long Squeeze?
Post by: proudhon on April 10, 2012, 02:36:04 PM
https://i.imgur.com/Kxh4h.png


i know that you like this  ;D

Going down some more I guess.  Honestly, I think it's going to be quite a long time before this trend gets reversed, and even then I think shorting has tempered the market strongly enough that we won't ever again see the kinds of upward movement we saw last year, or even early this year.  I don't think that's necessarily a bad thing either.


Title: Re: Interest Indicator on Bitcoinica – Epic Long Squeeze?
Post by: beardman on April 10, 2012, 06:48:33 PM
and we are still there
https://i.imgur.com/P9wsq.png

Not still, we flipped back to -.15 or so within an hour, and we will probably flip back there again within an hour.


Title: Re: Interest Indicator on Bitcoinica – Epic Long Squeeze?
Post by: Dutch Merganser on April 10, 2012, 07:07:51 PM
I'm not so sure that this data is correct, does it really move that fast?

Prevailing Interest Rates as of Tue, 10 Apr 2012 19:04:52 +0000
Currency    Bitcoinica Buy    Bitcoinica Sell
Daily Pip    APY    Daily Pip    APY
BTC    0.0    0.0%    0.0    0.0%
USD    1.37    5.12%    5.0    20.02%

Effective hourly swap points for BTC/USD positions (per $10,000)
Long Position    -$0.21
Short Position    $0.06


Title: Re: Interest Indicator on Bitcoinica – Epic Long Squeeze?
Post by: beardman on April 10, 2012, 07:13:26 PM
I'm not so sure that this data is correct, does it really move that fast?
Quote
BTC/USD Long Position
We charge you USD Sell interest, and pay you BTC Buy interest every hour.

BTC/USD Short Position
We charge you BTC Sell interest, and pay you USD Buy interest every hour.

And BTC sell interest dove an hour or so ago, thus the positive swap rate.

Check out the interest rate chart on bitcoinica (http://charts.bitcoinica.com/interest_rates), the dips are where the short swap went positive, this dip does seem to have lasted longer than the last few though.

Edit: and as I predicted it just flipped back. I may start a subscription service for swap rates....


Title: Re: Interest Indicator on Bitcoinica – Epic Long Squeeze?
Post by: Spekulatius on April 10, 2012, 07:18:00 PM
Shall we draw from this the conclusion, that long positions outweight short positions by far atm on bitcoinica?
Or are there other factors, that can cause those numbers? ::)


Title: Re: Interest Indicator on Bitcoinica – Epic Long Squeeze?
Post by: notme on April 10, 2012, 07:48:09 PM
Shall we draw from this the conclusion, that long positions outweight short positions by far atm on bitcoinica?
Or are there other factors, that can cause those numbers? ::)

https://bitcointalk.org/index.php?topic=63694.0


Title: Re: Interest Indicator on Bitcoinica – Epic Long Squeeze?
Post by: waspoza on April 11, 2012, 01:05:45 PM
Wow, first time i see longs cheaper than shorts.

https://i.imgur.com/XdCRn.jpg