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Title: 2012-04-21 Forbes - Bitcoinica Registers in New Zealand for Bitcoin Margin Tra Post by: Stephen Gornick on April 21, 2012, 06:52:21 PM Jon Matonis' latest in Forbes:
Bitcoinica Registers in New Zealand for Bitcoin Margin Trading - http://www.forbes.com/sites/jonmatonis/2012/04/21/bitcoinica-registers-in-new-zealand-for-bitcoin-margin-trading Quote First of all, anyone can trade — with just $1 or ฿1. As with forex trading, there is no commission — only the bid/ask spread. Customers place buy or sell orders with a leverage variable selected anywhere from none to a factor of 10:1. I sure hope people not already familiar with FOREX will understand that bitcoin exchange rate volatility + leveraged trading = getting zhoutonged (zhoutonged described here: http://www.youtube.com/watch?v=kdvTkddp1F0 lyrics are not necessarily safe for work) Title: Re: 2012-04-21/Forbes - Bitcoinica Registers in New Zealand for Bitcoin Margin Tra Post by: World on April 21, 2012, 07:30:26 PM Bam Bam Dilla ...:-)
any video tutorial or written manual how to use? Title: Re: 2012-04-21/Forbes - Bitcoinica Registers in New Zealand for Bitcoin Margin Tra Post by: Stephen Gornick on April 21, 2012, 11:53:52 PM Also you can use bitcoinica like this: - http://bitcointalk.org/index.php?topic=73386.msg814748#msg8147481. Log in to your bitcoinica account. 2. Drive to your bank. 3. Withdraw some money. 4. Burn it. 5. Drive home. 6. Log off bitcoinica. The "How Bitcoinica Works" thread: - http://bitcointalk.org/index.php?topic=55970.0 Title: Re: 2012-04-21/Forbes - Bitcoinica Registers in New Zealand for Bitcoin Margin Tra Post by: matonis on April 22, 2012, 02:34:04 PM Remember, someone is happily coming up a winner and getting the money, because it's a zero-sum game like the futures market. If Zhou is taking the other side of the trades, then he better win more than he loses. I don't fault the operator unless he fails to deliver.
I agree that most people might be happier if they just had a big party with their trading funds. You know the way to make a million dollars in margin trading? --- first you make $2 million then lose half. |