Short term trading would be much easier if we didn't need sleep.  But in light of the reality of my human form, and the fact I don't want to spend all day on the computer, I trade on longer time frames .

CPU mining is going to make a comeback! 

Yes.  There are obvious problems with using email as the end game of security, but the reality is that is how it works.  Plus, I would assume they would only accept requests from the address on the account. (yes it can be spoofed instead of just blank)

Don't you know that your email address is the keys to the kingdom in almost all security policies?

Bitstamp has similar fees.

If you manage to trade a $50 million a month and have the lowest fee, you still need a 58% success rate to break even.  (Assuming a tight stop, which Gox doesn't provide and that connection issues at times of high volume can fuck up if you have a script to do it for you).

The "content" is a notification to subscribers that an update has been sent.  Email is not always reliable and having a second channel of notification is beneficial.  You do the same thing with your thread, you just send less updates.  How hard is it to ignore a thread you know doesn't apply to you?  Other people find it useful, and if I were still a cyperdoc subscriber I would be pissed about the new policy.  You are acting like a fucking child.

Exactly, he will either figure that out or go broke and disappear.


Okay, let's take a 2% movement.  First, we subtract 0.6% commission from both sides of the trade.  Now we have a 0.8% movement.  Let's assume for a second he calls 100 right in a row:
1.008^100 = 2.21847

Not bad.  Now let's assume he takes a loss on 1/3 of his trades instead of being perfect.

1.008^67*1.008^-33=1.311167

31% is still decent, depending on the time frame.

But wait, that is wrong because you don't lose 0.8% when it goes against you.  You lose the commission too, so you lose the full 2%.

Let's try 1/3 failure again.

1.008^67*1.02^-33=0.88726

Well shit.

What if he is 70% successful?

1.008^70*1.02^-30=0.964344249

Damn.  Maybe if he is right 3/4 of the time he can turn a profit.

1.008^75*1.02^-25=1.107989421928713

Yay!

But can he beat 72% correct that is needed to break even?

And what happens if a big move happens in the wrong direction because the short term indicators are still indicating the correction when it ends and the next large major wave up/down happens?

+1

If you could get 4 figures out of Gox, would you blab about it our arbitrage the shit out of it?

Tzupy's just been catching a lot of flak lately because he is always talking about tiny wiggles and most people have a longer term mindset.

You are terrible.

Share difficulty has increased dramatically in the last few months.  Also, 24 hours for 1gh/s is an average.  Variance can potentially widen the window before you hit for you first share to 2 days, but over time it will average out.

Price inflation and price deflation are both bad.  But how do you propose prices be stabilized?  We have lots of strong evidence central banks can not do it without abusing the power.  The benefit of bitcoin is its supply can not be manipulated.  Decentralized banking and currency issuance may work (there is some historical evidence to support this claim, particularly in Canada in the 1800s), but currently such a system is outlawed in most of the world.

Sure, but only the uberbears who move first benefit.  The rest are the sheep you guys lead to slaughter.

It wasn't almost immediately... it was 6 hours later after pages of discussion on where cheerleaders made up bullshit reasons why it would drop.  Once they had enough people convinced, it happened.  It is not the news per se... it is speculators overreacting to news and whipping to forums into a panic.  The news didn't change fundamentals and the market made that clear by burning most of the idiots who sold off.

No

Nope, it's going into mortgage backed securities to prop up the housing market.

No.  Technology can not alleviate all privacy concerns.  You still need to engage your brain.  Even sentence structure and word choice habits can be used to pinpoint your identity.


Again, no.  If you do it all in the browser, you expose yourself to browser exploits.  Browsers have pretty much the largest attack surface of any major piece of software.  Even with an OS based solution, you are vulnerable to kernel exploits.  However, kernels receive much better auditing and have a much smaller attack surface.

If you short, it will result in a USD position that you can not lend out and a BTC debt.  Shorting does not have any "resulting btc".  I recommend you steer clear of bitfinex until you do more research on how margin trading works.