SELLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!!!!!!!!!!!!!!!!!!!!!

sell sell selll sellllll

Could somebody do me a favor and sell like ~2k BTC kthnxbye

Also:

"If high leverages are used and markets are volatile, yes. However, if a position loses too much of its value and a leverage greater than 1 is used, it gets closed automatically. There are currently no "margin calls" or similar mechanisms on our platform. "

What the actual fuck is this supposed to mean. If a order is closed automatically, thats a margin call, unless im missing something?

Similarly:

"Currently all markets are closed on weekends and holidays. Some markets are also closed at night. However, placing orders is possible all the time. "

Does this apply to BTC/USD? And if so, wtf? And if so, do I still get my swap/interest?

also what does it mean to long BTC with a leverage of 1 with an account denominated in BTC? That essentially just means longing BTC with a leverage of 2 assuming USD denomination?

Honestly this is fucking weird. Also, how come BTC gets a 65.7% interest rate yearly? Is it because you are essentially leveraging x2? Even then, you're getting like 32.85% interest, wtf?

HEY GUISE I FIGURED OUT HOW TO MAKE GUARANTEED BITCOIN!

(Assuming 0% credit risk on Bitstamp/Gox, Plus500 & Broker1).

23c5ee89582f5474327d1606bf7d57bdb5b6b935

(Lets see if anybody can figure this out).

What could possibly go wrong?

In any case, do you think that Broker1 & Plus500 (broker1 in particular) can be trusted? Even a preliminary look at their model shows how easy it is to cheat.

It does, but Im in US so I can't. Honestly, I've said "i'm in US so I can't" far too many times already its starting to piss me off.

1broker
Yea :\

So can anybody confirm if Bit4X is legit, and if it actually offers 1:1000 leverage? Because it seems like it only offers up to 500, to me.

Disclaimer: I dont claim to be an expert in Forex

There are a number of Bitcoin-accepting Forex Exchanges/Brokers out there, so I just thought it would be fun if there was a thread where Bitcoiners could share their non-BTC currency pair strategies & share FOREX ideas/signals with other Bitcoiners. To what end? Help everybody here make more Bitcoins of course

I'm currently testing various ideas out using the ForexMetal demo account. I have traded Forex before but not exceptionally well, and never with Bitcoins as my deposit method, so naturally this takes it to a whole new level 

Right now I'm testing out a nice little reversal strategy involving the Awesome Oscillator (which really has been awesome, in my experience) and the stochastic on the M5 chart.



Essentially I won't buy on overbought or sell on oversold. My buy/sell trigger is the AO switching direction. I also am a big fan of stochastic divergence trading, no specific strategy, sometimes it looks good to trade on and sometimes its ridiculous. Generally if there is bullish divergence AND its oversold, I just buy and be done with it, ignoring the IO. Same thing goes for selling.

Do you think this strategy has any hope, do you have any of your own to share, or any improvements?

Also can somebody explain to me what the actual fuck does "infinite leverage" mean? WTF?

Also they say 1.5 pip spreads, on EUR USD, but I'm seeing spreads of a full pip more almost constantly. This is not fun.

Wait on Forex-Metal is there an actual BTC/USD pair? That would be awesome for no other reason other than BTC existing in metatrader.

When was that?

When has Bitcoin ever had a sideways market, except on like the hourly chart or something?

Wow weekly

Its got to, everything says overbought. IDK about below $100, there is a big wall forming.

$101 seemed like a safe bet but its all stalled at like $105-104.

A brokerage could easily use something like Bitpay to allow people to deposit using Bitcoins.

Why wont the price go to $101.

There is covered debt  - you put 2BTC into bitstamp and (supposedly) they just keep it in their position, dont re-lend or re-spend it. You do whatever, and then it comes out later back to you if they still owe it to you.

There is debt as an investment - you put 2BTC into havelock investments and then your debt instrument will either increase or decrease in value.

There is uncovered debt - You put 2BTC into shadyexchange. This 2BTC they use as funds to support their market-making activities.

I'm not to concerned about covered debt, for obvious reasons. I mean, obviously I am concerned if I'm putting my own Bitcoins in such a situation due to counterparty risk, but in terms of the larger economy im basically fine with it. Worst case scenario: Instawallet. Doesn't really do that much harm to the overall bitcoin situation.

Debt as an investment is something to be careful about, but again im not truly worried about it. Any btc-denominated asset could technically fall into this category, so in a sense the more there is the better. The problem is when this and the next type of debt interact too much.

I'm starting to become really worried about uncovered debt in the BTC economy. Many exchanges could be using this, in both BTC and USD, and really there would be absolutely no way of knowing, and absolutely no reason why they shouldn't do this. The problem with uncovered debt is that it is secretly debt as an investment - only it is indistinguishable from actual BTC (at least, on that exchange). The result is, that the opposite scenario could happen from Gox: Rather than USD being uncovered and thus screwing with exchange rates royally, BTC being uncovered and pushing the rate in the other direction.

Now, here's the thing: The more I look at it, the more I suspect BTC-E might be engaged in these types of practices. As long as you have a euro or russian bank account, its extraordinarily easy to arbitrage with fairly good speed between Bitstamp and BTC-E.

I mean, its no proof by any measure, but this is speculation, right?

SELL plz

Im for millibit. Centibit sounds too close to cent and will cause people to think it should be worth a cent. Saying millibit sounds like a unit of disk storage to someone that doesn't know better.

You could try calculating it out manually if you have too much time.

AO = SMA(median price, 5)-SMA(median price, 34)
AC = AO-SMA(AO, 5)