Bitcoin Forum

Economy => Marketplace => Topic started by: zhoutong on September 17, 2011, 03:23:41 PM



Title: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on September 17, 2011, 03:23:41 PM
If you want to try out Bitcoinica but don't want to risk your money, here's a good deal for you:

Sign up for a Bitcoinica account, and leave your username here. I will credit you $1 for free for you to try it out.

Once you're ready, you can then use Mt. Gox code to easily deposit in seconds!

Bitcoinica: https://www.bitcoinica.com (https://www.bitcoinica.com)

Note: Serious traders only. While you can do anything you want with $1, it's a dishonest behavior to withdraw it right away without any trading activity. I reserve the right to publish any abusive usernames here.


Title: Re: Get Free $1 Starting Bonus at Bitcoinica Here
Post by: wikarus on September 17, 2011, 03:36:03 PM
wikarus


Title: Re: Get Free $1 Starting Bonus at Bitcoinica Here
Post by: zhoutong on September 17, 2011, 03:39:47 PM
wikarus

Done. Credited $1.

Thank you for your support!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: piuk on September 17, 2011, 03:42:39 PM
piuk


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: ineededausername on September 17, 2011, 04:02:57 PM
theinau  :)


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on September 17, 2011, 04:22:28 PM
piuk
theinau  :)

Done. Thank you!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: johnj on September 17, 2011, 04:33:58 PM
Bah!  And right after I move $3 from Mt.Gox just last night.

Really enjoying the service though.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Vod on September 17, 2011, 04:34:59 PM
Please start creating these threads in the "Currency Exchange" area of the forum, where they belong.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Dyaheon on September 17, 2011, 04:46:55 PM
Dyaheon  ;)


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Sekioh on September 17, 2011, 04:52:11 PM
Sekioh


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: ama on September 17, 2011, 04:52:31 PM
My user name is 'ama'.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zerokwel on September 17, 2011, 04:54:22 PM
zerokwel :)

love something for nothing :)

tbh I trade on the markets already gonna love this


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Nicksasa on September 17, 2011, 04:55:56 PM
nicksasa


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on September 17, 2011, 05:18:15 PM
All the accounts above have been credited.

Enjoy your trading!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: ama on September 17, 2011, 05:24:52 PM
All the accounts above have been credited.

Thank you.  That's a good oportunity for trying out trading.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: fivebells on September 17, 2011, 05:27:32 PM
fivebells.  Thanks!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Litt on September 17, 2011, 05:36:16 PM
Litt

thanks


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: bracek on September 17, 2011, 06:22:30 PM
bracek


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: sadpandatech on September 17, 2011, 07:46:44 PM
I be "pandaboymanthing"

Would have rather had you take our user names in PM though.........

But, much appreciate the test cash. =)


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: BC-Trader on September 17, 2011, 09:02:40 PM
username: DarkMage

  :D





Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: marks1976 on September 18, 2011, 12:31:00 AM
marks1976 signed up


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: shakaru on September 18, 2011, 12:32:24 AM
I would if you didnt use MTGOX


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Light on September 18, 2011, 01:20:24 AM
Joined as DarkEnlighten.

Thanks.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on September 18, 2011, 02:33:22 AM
All the accounts above have been credited.

Thank you very much!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: John (John K.) on September 18, 2011, 07:13:24 AM
Joined as johnthedong, same userid with my id here. Thanks! ;D


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on September 18, 2011, 07:57:51 AM
Joined as johnthedong, same userid with my id here. Thanks! ;D

Credited $1. Thanks!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: John (John K.) on September 18, 2011, 08:31:54 AM
Testing out the buying system now. Thanks!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: BitMagic on September 18, 2011, 05:09:34 PM
Would really like to give this a try!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: M4v3R on September 18, 2011, 06:42:10 PM
Hi,

I don't know if I'm eliglible for the prize, because I've registered right after Bitcoinica launch :). But if I am, my nickname is: M4v3R.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Sekioh on September 18, 2011, 06:51:29 PM
I had registered a week or two before this post myself, but I hadn't deposited or done any trades, so it was a 'virgin account' so to speak. That's where the bonus comes in.

Though I sort of like the concept of having quick trades, it's actually less handy than nonmargin trading on mtgox, the spread is so damn large that I watch mtgox and bitcoinica side by side and the dead center is where the mtgox price is. Like now for instance mtgox is $5 exactly with only a 0.01$ waver on either direction, bitcoinica jumped up at the same time, but 4.88662 / 5.08921 is the price, so even buying in at the 4.78 that I did, I can only sell for like 10c rather than 22c if I was on mtgox.

I think I read earlier that the account balances don't update on the first spiking of the price until more trades are activated at that height? It feels really weird seeing the bid/ask updating live and keep going up and up updating like 12 times in 5 seconds but then your net balance doesn't move for 5 minutes.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: johnj on September 18, 2011, 06:54:55 PM
I had registered a week or two before this post myself, but I hadn't deposited or done any trades, so it was a 'virgin account' so to speak. That's where the bonus comes in.

Though I sort of like the concept of having quick trades, it's actually less handy than nonmargin trading on mtgox, the spread is so damn large that I watch mtgox and bitcoinica side by side and the dead center is where the mtgox price is. Like now for instance mtgox is $5 exactly with only a 0.01$ waver on either direction, bitcoinica jumped up at the same time, but 4.88662 / 5.08921 is the price, so even buying in at the 4.78 that I did, I can only sell for like 10c rather than 22c if I was on mtgox.

I think I read earlier that the account balances don't update on the first spiking of the price until more trades are activated at that height? It feels really weird seeing the bid/ask updating live and keep going up and up updating like 12 times in 5 seconds but then your net balance doesn't move for 5 minutes.

Also take into account the .06% fee on each transactio at MtGox.  Also, Bitcoinica (afaik) garauntees liquidity up to 50BTC, so I think that means that whatever the market price is at Bitcoinica you can move 50BTC of that, instead of the .00034 bids/asks that are flooding the book.

But I may be off.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: dree12 on September 18, 2011, 07:08:27 PM
Username dree12, if the offer still stands.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: tomba on September 18, 2011, 07:30:54 PM
Tomm1ed


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: godofal on September 18, 2011, 08:14:44 PM
godofal, thanks in advance :D


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Cory on September 18, 2011, 08:32:29 PM
I've been looking to play around with your site for a while. :) I signed up a few days ago with the username 'Cory'. Nice advertising strategy!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on September 18, 2011, 10:31:45 PM
I have credited ALL of you!

Thank you SO MUCH for your support!

If you have anything, please email support@bitcoinica.com. We're testing our Zendesk.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Portnoy on September 19, 2011, 01:04:06 AM
username: Portnoy


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: goemon888 on September 20, 2011, 02:36:02 PM
https://www.bitcoinica.com username account: drslump


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: REF on September 20, 2011, 02:43:22 PM
soul4soul


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on September 20, 2011, 04:49:44 PM
Hi,

I have credited ALL of you above.

Thank you very much for your support!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: flower1024 on September 20, 2011, 05:05:51 PM
i told a friend of bitcoinica and likes it very much... would you gave him the dollar too?
account: styx-it


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: saqwe on September 20, 2011, 07:38:08 PM
saqwe  :D


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on September 21, 2011, 03:51:43 PM
i told a friend of bitcoinica and likes it very much... would you gave him the dollar too?
account: styx-it


Yes sure, I have credited $1.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: hmongotaku on September 21, 2011, 06:41:58 PM
I want 1 dollar too! username: hmongotaku   email: kngvang@gmail.com


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: annelions on September 21, 2011, 09:46:23 PM
I'd like to give this a try. Signed up as annelions


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: ovidiusoft on September 21, 2011, 10:10:44 PM
Since I'm gonna lose it anyway... :) My username is ovidiusoft.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on September 22, 2011, 02:52:11 AM
Thank you all for the support!

All the accounts in this thread have been credited.

Please recommend to your friends if you like Bitcoinica.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Stephen Gornick on September 22, 2011, 03:34:59 AM
well, just like playing with the house's money in vegas ... sign me up for $1
sgornick


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: freakfantom on September 22, 2011, 05:35:53 AM
username: freakfantom
and I want to start trading. thanks.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: ysoliman on September 22, 2011, 03:52:13 PM
If this deal is still on, my username is ysoliman - sounds like a good deal!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: dust on September 23, 2011, 06:08:22 AM
Just signed up, username is dust


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: NeonLicht on September 23, 2011, 06:13:22 AM
I just registered.  The site looks good.  My username is NeonLicht.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on September 23, 2011, 04:49:21 PM
I have credited all the accounts above.

Thank you for your support!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: NeonLicht on September 23, 2011, 04:58:54 PM
I have credited all the accounts above.

Thank you for your support!

Thank you.  Now we need to learn how to use the site.  Are there any instructions somewhere?  The FAQ only describes what you can do, not how you can do it.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on September 23, 2011, 05:06:40 PM
I have credited all the accounts above.

Thank you for your support!

Thank you.  Now we need to learn how to use the site.  Are there any instructions somewhere?  The FAQ only describes what you can do, not how you can do it.

We will make video tutorials in the future, but not very soon. Because we will have a big thing over the next a few months.

Currently Bitcoinica is for people who have a bit of forex trading experience. We will roll out to everyone in the future releases.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: annelions on September 23, 2011, 08:15:20 PM
I have credited all the accounts above.

Thank you for your support!

Thank you.  Now we need to learn how to use the site.  Are there any instructions somewhere?  The FAQ only describes what you can do, not how you can do it.

It's fairly easy, once you get the hang of it. Decide what price you're willing to pay for "Bitcoin stock". Click the "Place order" button in the upper right corner of the Trade page.

Currency pair stays as-is.
Order type (for now) should be Limit
Buy
In the amount box, choose how much you want to buy. I suggest starting out with something small; between 0.02 and 0.10BTC.
In the price box, pick how much you're willing to pay per whole BTC. If you want to wait for BTC to be $4 before you buy, for example, enter 4 in the box.
Click place order.

Now you wait for the Bitcoin to drop to your specified price. Waiting's the hard part!

If and when Bitcoins ever drop to the price you entered, your order will be placed. Now click the "Place order" button again, but this time choose "Sell" instead of buy. Enter a higher price in the box than what you paid (for example, 4.10) and click place order again.

There are more variations on what you can do, with limit, stop, trailing stop and market orders, but it's all fairly simple.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: NeonLicht on September 23, 2011, 08:26:08 PM
It's fairly easy, once you get the hang of it. Decide what price you're willing to pay for "Bitcoin stock". Click the "Place order" button in the upper right corner of the Trade page.

Thank you!  I think I expected it to be more similar to other exchanges, with tables containing the buy and sell orders, and the last transactions, etc.  So I was a bit lost.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: annelions on September 23, 2011, 08:29:56 PM
It's fairly easy, once you get the hang of it. Decide what price you're willing to pay for "Bitcoin stock". Click the "Place order" button in the upper right corner of the Trade page.

Thank you!  I think I expected it to be more similar to other exchanges, with tables containing the buy and sell orders, and the last transactions, etc.  So I was a bit lost.

There is, once you actually buy stuff. :)

The Positions and Orders links will show you your current value as well as previous transactions.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: NeonLicht on September 23, 2011, 08:35:37 PM
There is, once you actually buy stuff. :)

The Positions and Orders links will show you your current value as well as previous transactions.

I see... I need to start trading then.  Thanks again!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Littleshop on September 24, 2011, 01:38:28 AM
 I signed up as
bitcoindaytrader

Please credit, thanks!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: hmongotaku on September 24, 2011, 02:08:27 AM
money is good but u will lose it instantly: proof: https://bitcointalk.org/index.php?topic=45471.0


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: annelions on September 24, 2011, 10:26:00 PM
Perhaps you should change the system to email people when a withdrawal gets processed? I waited overnight, expecting an email, only to find out that I should've simply checked the recent withdrawals at the bottom of the page. Bit confusing, that.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: saqwe on September 26, 2011, 02:14:40 AM
I have credited all the accounts above.

Thank you for your support!

Thank you.  Now we need to learn how to use the site.  Are there any instructions somewhere?  The FAQ only describes what you can do, not how you can do it.

It's fairly easy, once you get the hang of it. Decide what price you're willing to pay for "Bitcoin stock". Click the "Place order" button in the upper right corner of the Trade page.

Currency pair stays as-is.
Order type (for now) should be Limit
Buy
In the amount box, choose how much you want to buy. I suggest starting out with something small; between 0.02 and 0.10BTC.
In the price box, pick how much you're willing to pay per whole BTC. If you want to wait for BTC to be $4 before you buy, for example, enter 4 in the box.
Click place order.

Now you wait for the Bitcoin to drop to your specified price. Waiting's the hard part!

If and when Bitcoins ever drop to the price you entered, your order will be placed. Now click the "Place order" button again, but this time choose "Sell" instead of buy. Enter a higher price in the box than what you paid (for example, 4.10) and click place order again.

There are more variations on what you can do, with limit, stop, trailing stop and market orders, but it's all fairly simple.


And how can i short sell?


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: johnj on September 26, 2011, 02:19:47 AM
I have credited all the accounts above.

Thank you for your support!

Thank you.  Now we need to learn how to use the site.  Are there any instructions somewhere?  The FAQ only describes what you can do, not how you can do it.

It's fairly easy, once you get the hang of it. Decide what price you're willing to pay for "Bitcoin stock". Click the "Place order" button in the upper right corner of the Trade page.

Currency pair stays as-is.
Order type (for now) should be Limit
Buy
In the amount box, choose how much you want to buy. I suggest starting out with something small; between 0.02 and 0.10BTC.
In the price box, pick how much you're willing to pay per whole BTC. If you want to wait for BTC to be $4 before you buy, for example, enter 4 in the box.
Click place order.

Now you wait for the Bitcoin to drop to your specified price. Waiting's the hard part!

If and when Bitcoins ever drop to the price you entered, your order will be placed. Now click the "Place order" button again, but this time choose "Sell" instead of buy. Enter a higher price in the box than what you paid (for example, 4.10) and click place order again.

There are more variations on what you can do, with limit, stop, trailing stop and market orders, but it's all fairly simple.


And how can i short sell?

afaik, place a sell order at X price, then place a limit order to buy at X-n price.

i think i've got that right


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: REF on September 26, 2011, 02:27:58 AM
Hi,

I have credited ALL of you above.

Thank you very much for your support!
thanks for the credit =]


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Mrbit on September 26, 2011, 06:55:33 AM
mrbit

Thanks in advance!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Jay_Pal on September 26, 2011, 01:20:59 PM
Hi!!!
Is this still open?
If so, I registered with user Jay_Pal
Thanks!!  :D


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on September 26, 2011, 01:57:30 PM
Hi!!!
Is this still open?
If so, I registered with user Jay_Pal
Thanks!!  :D

Yes! I have credited you.

Some customers had very nice short positions just now. Profiting!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Jay_Pal on September 26, 2011, 04:30:25 PM
Yay!!!
Thanks!!!!  ;D
I'll be wandering a lot, for some while...
But I'll learn how it works! :D


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: epg on September 29, 2011, 06:50:55 PM
I signed up today as 'therealepg'. Thank you!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on September 30, 2011, 04:13:21 AM
I signed up today as 'therealepg'. Thank you!

Credited. Thank you!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: epg on September 30, 2011, 04:37:55 AM
Thanks!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: uncaer9 on September 30, 2011, 10:46:50 AM
Hi. I signed up as 'uncaer9'.
Thank you.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on October 01, 2011, 01:42:47 PM
Hi. I signed up as 'uncaer9'.
Thank you.

Credited. Thank you!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Jay_Pal on October 01, 2011, 04:34:50 PM
 :-[
I've got to post a real dumb question...
Let's suppose I have transfered 1BTC to Bitcoinica. How do I sell that BTC at current market price?!
I tried that and got open positions instead of selling the btc's!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: johnj on October 01, 2011, 05:48:41 PM
You don't sell Bitcoins on Bitcoinica - for that you need to go to an exchange.

Bitcoinica lets you leverage 1:5 in BTCUSD.

I'll give a little example (though I'm a bit new myself), anyone can feel free to correct me:

You deposit 1 BTC when the market is at 5 USD/BTC. This gives you a margin of 5, with a tradable balance of 25. From here you can decide to long or short.  If you long it, you 'buy' BTC at X price in hopes it goes up.  If you long 3 BTC when it is at 5 USD, and it goes up to 6 USD, you've made 3 USD.  If you short it, you sell 3 BTC at 5 USD, and it goes down to 4 USD, you've made 3 USD.

But it isn't so easy.  On the right of your screen, you'll see that P/L, Net Balance, and Maintainence.

P/L is your current profit/loss.  Green is profit, red is loss. It'll start out as a loss every time (due to the spread).

Your Net Balance is your Margin + P/L. If your P/L is green, your margin will be higher than when you started. If it is red, your margin will be lower.

Your Maintainence is... somehting.  Not really sure.  BUT what I have read is that if your maintainence ever exceeds your Net Balance, you get a 'margin call'.  That means the market has gone too far from where you ordered and even with the 1:5 leverage you don't have enough to maintain your account - so it liquidates it. To prevent liquidations, be sure to set stop-loss orders.

Hope this helps!

edit: to clarify some things: you need to lock in your profits just like you stop-loss orders.  These are called 'limit' orders. Also you can choose to simply 'liquidate' your current position, which will lock in whatever the current market is (weather it be a profit or a loss)

Once your positions are cleared, you can choose to withdrawl MtGOX USD CODE or BTC.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: lord on October 01, 2011, 10:18:23 PM
Hi looks interesting..

signed up as "lord". muchas gracias


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Jay_Pal on October 01, 2011, 10:25:43 PM
Oh!!! That's what have escaped me...
Now it makes sense!!
Thanks, johnj!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: LoupGaroux on October 02, 2011, 12:24:03 AM
Registered as TikiGod. Thanks in advance, look forward to trading with you.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: pc on October 02, 2011, 01:26:26 AM
Just signed up with username "pc".

Thank you.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on October 02, 2011, 07:11:19 AM
Thank you everyone for your support. I have credited all of you.

Also thank you johnj for the explanation.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: saethan on October 09, 2011, 01:07:15 PM
If this is still being offered, I registered as 'saethan'

I did hit 'buy' just curious to see what would happen if I did so with an empty account, hope that insufficient margin order isn't going to effect me in any way.  :P

I'm willing to throw a small portion of my mined btc at learning how this works.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: xenon5 on October 18, 2011, 11:27:40 PM
xenon5


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: MaxSan on October 19, 2011, 03:12:05 PM
MaxSan

Looking forwrad to trying out your service.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on October 19, 2011, 03:31:19 PM
All credited!

Thank you for your support and happy trading!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: giarc on October 20, 2011, 12:00:29 PM
ryled


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: OgNasty on October 20, 2011, 06:32:16 PM
Registered as OgNasty


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: tinman951 on October 21, 2011, 01:54:44 AM
tinman951
I am looking forward to this.  With stop orders who can lose.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on October 21, 2011, 05:54:27 PM
All credited with $1.

Thank you for your support!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: OgNasty on October 21, 2011, 06:13:06 PM
Thank you for your support!

Looks like a great site.  I'm sure it will function as a great way to hedge any holdings while waiting for transfers to take place. 

I'd be interested to know how many shares are sold short at any given time.  Do you have any plans to make that information publicly available?


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on October 21, 2011, 06:28:52 PM
Thank you for your support!

Looks like a great site.  I'm sure it will function as a great way to hedge any holdings while waiting for transfers to take place. 

I'd be interested to know how many shares are sold short at any given time.  Do you have any plans to make that information publicly available?

It's not available because the information contains confidential financial data of Bitcoinica and our customers.

Since we only post the volume, but not the positions that our customers actually hold, a short squeeze that targets Bitcoinica is almost impossible.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: OgNasty on October 21, 2011, 06:46:16 PM
a short squeeze that targets Bitcoinica is almost impossible.

I'm not sure that is an accurate statement.  Great site anyway though.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: tinman951 on October 21, 2011, 06:56:05 PM
zhoutong,
I tried searching for the fees (if any) that you charge.  Is it only the Mt Gox fees of 0.6% or do you have some as well?
Lets say I take that $1 and purchase bitcoin at the rate of $2.5228, then if there were no fees I would get 0.3963 BTC.  So the fee of 0.6% from Mt Gox would be 0.6% or about 0.02378 of those bitcoin.  How much would you take? 
An example would be appreciated.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: brendio on October 21, 2011, 11:34:32 PM
Registered with username "brendio".


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on October 22, 2011, 01:01:26 AM
zhoutong,
I tried searching for the fees (if any) that you charge.  Is it only the Mt Gox fees of 0.6% or do you have some as well?
Lets say I take that $1 and purchase bitcoin at the rate of $2.5228, then if there were no fees I would get 0.3963 BTC.  So the fee of 0.6% from Mt Gox would be 0.6% or about 0.02378 of those bitcoin.  How much would you take? 
An example would be appreciated.

Currently you can't buy Bitcoins on Bitcoinica. Just like you can't buy oil by buying oil contracts. You are actually buying BTC/USD. (Perhaps you can read about Forex first.)

We don't charge fees. Everything is inclusive in the spread. Currently the price is 2.59988 / 2.66387, you can buy at 2.66387 and sell at 2.59988.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: marhjan on October 23, 2011, 05:10:23 AM
I signed up for Bitcoinica as Marhjan

Looking forward to trying it out - thanks!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: skull88 on October 23, 2011, 01:47:14 PM
signed up.
Username: Skull88


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: BarbosaR on October 23, 2011, 05:41:09 PM
Username: BarbosaR
Thanks!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on October 23, 2011, 06:06:07 PM
All credited!

Thank you very much!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: skull88 on October 23, 2011, 11:59:45 PM
You don't sell Bitcoins on Bitcoinica - for that you need to go to an exchange.

Bitcoinica lets you leverage 1:5 in BTCUSD.

I'll give a little example (though I'm a bit new myself), anyone can feel free to correct me:

You deposit 1 BTC when the market is at 5 USD/BTC. This gives you a margin of 5, with a tradable balance of 25. From here you can decide to long or short.  If you long it, you 'buy' BTC at X price in hopes it goes up.  If you long 3 BTC when it is at 5 USD, and it goes up to 6 USD, you've made 3 USD.  If you short it, you sell 3 BTC at 5 USD, and it goes down to 4 USD, you've made 3 USD.

But it isn't so easy.  On the right of your screen, you'll see that P/L, Net Balance, and Maintainence.

P/L is your current profit/loss.  Green is profit, red is loss. It'll start out as a loss every time (due to the spread).

Your Net Balance is your Margin + P/L. If your P/L is green, your margin will be higher than when you started. If it is red, your margin will be lower.

Your Maintainence is... somehting.  Not really sure.  BUT what I have read is that if your maintainence ever exceeds your Net Balance, you get a 'margin call'.  That means the market has gone too far from where you ordered and even with the 1:5 leverage you don't have enough to maintain your account - so it liquidates it. To prevent liquidations, be sure to set stop-loss orders.

Hope this helps!

edit: to clarify some things: you need to lock in your profits just like you stop-loss orders.  These are called 'limit' orders. Also you can choose to simply 'liquidate' your current position, which will lock in whatever the current market is (weather it be a profit or a loss)

Once your positions are cleared, you can choose to withdrawl MtGOX USD CODE or BTC.
Should have read this first, tried to sell 20 btc to test this out, really had no clue how I could get a balance of -$2.49857 and still had 20btc, while I sold 20 btc. lol  :D

Got the 1 $ credited to my account tho


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: fennec on October 24, 2011, 03:19:32 PM
Account is 'lobster'.

BTW, great site design.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: whornbeck51 on October 25, 2011, 01:27:13 AM
I just signed up for an account can I get the free $1.  My username on the site is warren51.  Looks good.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: CaptainDDL on October 25, 2011, 07:16:41 AM
I'd love to try it out. My username on the site is CaptainDDL.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: RyNinDaCleM on October 26, 2011, 04:59:44 AM
User:RyN


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: btc_artist on October 27, 2011, 04:02:01 AM
Username: btc_novice
Thanks!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: bulanula on November 12, 2011, 11:59:05 PM
Can I get that $1 bonus too ?

Username is same as on here.

Thanks !


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on November 13, 2011, 03:40:59 PM
Hi,

Everyone is credited.

Thank you for your support!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: kokjo on November 13, 2011, 03:44:37 PM
kokjo


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: DrKenobi on November 16, 2011, 11:32:32 AM
drk  :)


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Scott J on November 16, 2011, 12:24:14 PM
scottjp

Thanks for the opportunity  :)


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on November 17, 2011, 02:51:26 PM
All credited.

Thank you for your support!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: trogdorjw73 on November 26, 2011, 05:52:47 AM
Still doing the $1 free trial? If so, please credit $1 to trogdorjw73. Thanks, and I look forward to trying this out.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: lord bookington on January 16, 2012, 08:40:47 AM
jstamp

cheers


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: mrblu on January 17, 2012, 07:00:55 AM
phatinc thanks :)


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: MasonIII on January 17, 2012, 07:05:20 AM
MasonIII Thanks~!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zaj on January 17, 2012, 11:44:45 AM
zaj


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on January 17, 2012, 01:53:12 PM
I have sent 1 USD code to everyone.

Thank you for your support!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: mcilrain on January 18, 2012, 12:11:37 AM
I'm interested.

Account name: mcilrain


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: DoubleIcaras on January 18, 2012, 11:00:55 PM
username: DoubleIcaras


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: MelMan2002 on January 18, 2012, 11:04:51 PM
MelMan2002


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: wachtwoord on January 18, 2012, 11:07:10 PM
Interested to try it out too.

Account: wachtwoord


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Digigami on January 18, 2012, 11:18:38 PM
digigami

thanks!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: sadpandatech on January 19, 2012, 01:39:28 AM
I want to play.

pandaboymanthing


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Costia on January 21, 2012, 02:13:16 AM
I wanna play as well

username on bitcoinica: costia


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: coin_toss on January 22, 2012, 12:44:07 PM
Interesting


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Intention on January 22, 2012, 01:44:59 PM
Think I'll join in, user: Intention


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: FirewallXIII on January 22, 2012, 05:31:53 PM
I'll give this a shot.

User: FirewallXIII


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: antares on January 27, 2012, 05:02:36 AM
well, let's see how it works out.
My account name: 4nt4r3s

oh, btw thanks in advice for the starter bonus!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: DoubleIcaras on January 27, 2012, 01:59:26 PM
It's been like a week, is this not on anymore? o.0


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Kluge on January 27, 2012, 03:15:48 PM
It's been like a week, is this not on anymore? o.0
As operator of the world's tenth or so established crypto-bank, I'm also quite interested in this gambling investment opportunity.

(registered on Bitcoinica as Kluge )


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: splatster on January 30, 2012, 04:42:11 AM
I'm interested.
Username: splatster


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: ForceField on January 30, 2012, 08:02:50 PM
Looking forward to trying this service out.
Username: Vitaliy


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: take5 on January 30, 2012, 10:17:11 PM
ditto the above. It looks like a great service, can't wait to start using it.

user: take5


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: kais3r on January 30, 2012, 10:21:03 PM
cant wait to start some serious trading!!!

username:kais3r


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: coin_toss on February 03, 2012, 07:15:15 AM
looks like this offer is finished. I guess i will never know what its like to be zhoutonged


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: kais3r on February 03, 2012, 10:54:46 PM
looks like this offer is finished. I guess i will never know what its like to be zhoutonged
yea,  i didn't receive anything. Bummer too i wanted to try this site before i load btc onto it.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: rotrot on February 06, 2012, 06:38:07 AM
hi!

rotrot is my usrname.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: vual on February 06, 2012, 06:41:52 AM
cheers:

vual


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Otoh on February 06, 2012, 02:09:18 PM
Hi, if you're still offering then I've set up an account for my niece & I shall fund it with a $20 gift once you've added the $1, or maybe before, her Bitcoinica ID is: Hannah

Many thanks  :)


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: take5 on February 08, 2012, 09:32:09 PM
Well despite the lack of an extra dollar bonus, this certainly got me to sign up.  :)


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Fronnk on February 10, 2012, 04:47:26 PM
Username: Fronnk

Thanks! :D


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: joeyjoe on February 10, 2012, 08:00:31 PM
careful with this, i traded loads of bit coins, and instantly lost $50 doing so. market had gone up aswell


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: hongus on February 13, 2012, 06:39:24 PM
my username is hongus

I have no idea how this works but I'm down for trying anything that can potentially make me money :)


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: drewtaz on February 14, 2012, 05:51:49 PM
Username Drewtaz

Look forward to poking around your site.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: preparation on February 14, 2012, 06:39:06 PM
Username:
preparation

Thanks,
prep


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Otoh on February 14, 2012, 08:30:37 PM
I wouldn't bother posting here any more, it's been a week since I asked & Khoutong hasn't donated the promised $ of the OP so he's probaly abandoned this loss leader & is just concentrating on how best to tax those already invested with him by using 'swap' interest deducted from your account positions unless you leave him a bunch of US $ just sitting there

Request: if it's over & done with then please to close & lock up the post


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: schnell on February 15, 2012, 03:15:10 PM
Konichua :)


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on February 16, 2012, 08:26:42 AM
Sorry guys, I was too busy to give out the free credits.

Now I have sent 1 USD to everyone replied with a Bitcoinica username.

Thank you for your support!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: take5 on February 16, 2012, 04:48:46 PM
Better late than never. Thanks zhoutong!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: karasu on February 16, 2012, 05:31:26 PM
username: karasu


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: drewtaz on February 16, 2012, 07:44:02 PM
Got it, thanks!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Internet151 on February 17, 2012, 06:52:34 AM
username: Internet151


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: ForceField on February 17, 2012, 09:18:37 PM
Looking forward to trying this service out.
Username: Vitaliy

Can confirm that I finally received this.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: vuce on February 17, 2012, 09:38:40 PM
username is vuce. Cheers.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Otoh on February 17, 2012, 10:34:00 PM
received the dollar from ZT for the new account that I set up for Hannah, many thanks  :)

PS ~ could I have $1 too pse, I could use all the help that I can get right now  ;D

Bitcoinica ID: Richardlogo  :P


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: bitcoinauction on February 19, 2012, 01:54:34 PM
My username is bitcoinauction


By the way, is it possible to get the full list of historical quotes?

It would be useful to try a bot on it instead of wasting money if the bot does not work


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: rjk on February 19, 2012, 02:03:29 PM
My username is bitcoinauction


By the way, is it possible to get the full list of historical quotes?

It would be useful to try a bot on it instead of wasting money if the bot does not work
Bitcoinica is like forex - you must become intimately familiar with it and must grok how it works in the most grueling detail, so that you can "feel" what is going to happen next. Statistics and probability (which is what bots run on) may only provide a marginal advantage, if any, in this particular trading experience.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: bitcoinauction on February 19, 2012, 02:17:11 PM
You are right, but it could be useful for trying trading strategies to become familiar with forex


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: qualalol on February 21, 2012, 07:34:12 PM
username: qualalol

Many Thanks!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: marked on February 21, 2012, 09:10:20 PM
username: marked

regards,
marked


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: BinaryMage on February 23, 2012, 12:19:25 AM
Username: BinaryMage

Thanks in advance!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: danieldaniel on February 23, 2012, 01:18:13 AM
Username: danieldaniel

Got it! Awesome!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: zhoutong on February 23, 2012, 02:10:37 AM
I have credited ALL of you.

Thank you for the amazing support!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: deego on February 23, 2012, 06:57:02 AM
username: deego3

thanks.



Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: marked on February 23, 2012, 09:43:11 AM
I have credited ALL of you.

Thank you for the amazing support!

Woke up to find extra 1usd, market up from 4.46 to 4.83, and no active positions. Had a bit of a heart attack until I remembered that I'd closed out early yesterday.

Thanks for a great site, just wish I knew how to use it properly - I know what I want to do, but not how to get there. Still that's why I'm not trading a huge amount at the moment.


marked


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Otoh on February 23, 2012, 10:22:56 PM
$1 credited, many thanks ~ wishing you all the best at Trinity  :)


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: NASDAQEnema on February 23, 2012, 10:40:29 PM
NASDAQEnema

signed up and got error but when I tried again I got username already exists, email already exists.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: someguy123 on February 24, 2012, 10:05:36 PM
someguy123


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: jwzguy on February 26, 2012, 07:55:25 PM
jwzguy


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: chsados on February 29, 2012, 07:51:14 AM
this still happening?  i think im ready to finally try out bitcoinica.  username is chsados


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: nandika on March 13, 2012, 06:12:58 PM
username: nandika


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: matthewh3 on March 13, 2012, 06:43:58 PM
matthewholt3


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: JWU42 on April 21, 2012, 12:38:55 PM
Username: JWU42

Thanks ZT!


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Mitsuki3 on April 21, 2012, 09:28:12 PM
Mitsuki3, which is also my name here.


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: Tesla13 on April 23, 2012, 08:49:21 PM
Username: Tesla

Thanks


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: ccliu on April 26, 2012, 06:08:27 AM
ccliu


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: unclescrooge on April 26, 2012, 03:05:42 PM
Username: RaphyOptiso

Thank you


Title: Re: Get $1 Risk-free Starting Bonus for Bitcoinica Here
Post by: JWU42 on April 26, 2012, 04:41:41 PM
Fairly sure this is now dead  :D

nothing in my account in 5 days