I've liquidated my short position and went long. The liquidation netted me a 3.668% loss, or 3.42 USD. I'm now 20.5 BTC long @ $4.3963
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And it's another full turn for me! Liquidated with a P/L -$13.78 -12.867%, leaving my funds at 96.197 USD.
Also went short 22 BTC at a base price of $4.2405
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Turnaround time!
Liquidated: -16.5 $5.6488 $12.91 13.854%
13.85% profit this time! Went from rom 97.10 to 110 USD, so overall I'm up 10% over the course of this experiment. Right now, that is.
AND went long 22 BTC @ base price of 4.8667.
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So you're paying around 0.0615% interest.. daily?
edit: this on USD
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So, we seem to be seeing the exchange squeeze that's been proposed as a weakness for BTC. It will be interesting to see how this goes.
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I'm still holding. Current position: amt base P/L($) P/L(%) -16.5 $5.6488 $18.51 19.860%
So far, so good.
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Someone has a bot that sometimes trades very small amounts back and forth. How was the volume for that period?
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Ok, I'm back in the game again. Short 16.5 btc @ 5.6844
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And again I'm doing nothing. Maybe I should only post when my position changes?
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In the face of uncertainty, the flip gives me confidence. Staunchly holding on to no position.
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Today it was time to liquidate my long position, losing some 5.3 USD in the process. Not going short, though.
$97.01837 is the balance now.
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Aaand today I got as far as the second flip, which told me to go long. I already am, so I'm holding.
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Another day of not touching anything.
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If we assume the top is 7.22 and there is again a months long 94% "consolidation", the low would turn out to be 0.45 USD.
why would you assume any of that?
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Holding today. Long with a base price of 5.96.
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Damn, another missed update. I did flip though, and did nothing due to the result. Today, however, I'm going long!
At least I will if I can buy on Bitcoinica... * all the way!
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Germany has finally conquered Europe.
That's an observation some have made... After the war, Europe was set up to castrate Germany and keep them from becoming overpowering again. Now it seems the mechanisms designed to do so have given Germany considerable power. Maybe it's inevitable.
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Well! Interesting times, huh?
My method tells me to do nothing today. I'm calling this spike up a trap!
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It's just you - or rather, you're having a DNS issue, I haven't been able to resolve their address myself for a while. Now, this is extremely bad practice, so beware: here's an IP that works: https://50.56.4.62/Again, bad practice. Don't trust random people on the internet not to give you addresses to phishing sites. Check it out for yourself as best you can to make sure that IP actually belongs to Bitcoinica.
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That wall at 6, by the way, isn't there any more, if it ever was actually there in the first place.
if I was trying to actually trade in this market, I'd be pretty miffed. Basically it seems none of the data from gox can be trusted right now.
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