dont worry about the big green BTC...its just me buyin Pumpy, you seem to be a bit nervous today. He's hodling a big bag of soon to be very cheap eth. lol, guys guys if u only knew what was happenin Tell us, pumpy!
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dont worry about the big green BTC...its just me buyin Pumpy, you seem to be a bit nervous today.
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Please consider reading before typing. It's not that hard ...convince your landlord to take ETH... Are you idiot or what? Are you reading your own 'answers'? Where do you see a problem? Grover (Elmo? whatever his name is) convinced his landlord to take BTC You can't do that even with a gun in your hand. That's the problem! BTC is money. That's why more and more landlords will take it. ETH is fuel for a vehicle that has no passengers. Only cheerleaders promoting it.
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Please consider reading before typing. It's not that hard ...convince your landlord to take ETH... Are you idiot or what? Are you reading your own 'answers'?
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Not promoting ETH, just answering why people may want to get paid in ETH
If you're answering questions without being asked, that's called promotion.
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How's that value doing?
If it wasn't value doing you won't be writing bs in bitcoin thread promoting eth bs.
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After BTC halving bubble explodes i expect most of the funds to go into Ether and Lisk which will get us to the moon.
After this halving there is another BTC halving in 4 years. When will be the ETH halving?
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This is not good for Bitstamp. They're desperately trying to make money by expanding their business but they should stick to bitcoin only. Trading EUR/USD during weekend days and holidays is a recipe for disaster. They will have nobody to unload/hedge their positions during that time. EUR/USD pair is quite stable now but this was not always the case, nor it'll be in the future. Sometime gaps between Fridays and Mondays are so big that even a middle size broker can easily be bankrupted in a single day.
Huh i'm not following. They're only letting users trade between each other to set the rate. They're not pegging the rate over the weekend. I don't see the fx risk exposure that needs to be hedged here If they really and strictly are letting users trade between each other to set the rate then I'm not following them. If you trade BTC/EUR and BTC/USD then you effectively trade EUR/USD as well. Why would you deliberately introduce EUR/USD if you're not tempted to take advantage of some arbitrage 'opportunity'? With the opportunity, however, comes the risk especially if you don't know what is the EUR/USD exchange rate.
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This is not good for Bitstamp. They're desperately trying to make money by expanding their business but they should stick to bitcoin only. Trading EUR/USD during weekend days and holidays is a recipe for disaster. They will have nobody to unload/hedge their positions during that time. EUR/USD pair is quite stable now but this was not always the case, nor it'll be in the future. Sometime gaps between Fridays and Mondays are so big that even a middle size broker can easily be bankrupted in a single day.
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Wow... Bitcoin haters troll fest. What a bunch of losers panicking because of bitcoin appreciation?
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The max you can have a margin position open is 28 days (it's not a product for long term holding).
What happens with a margin position if it is not closed by the customer within 28 days? The rollover fee for BTC/EUR is 1 basis point (0.01%) of the amount borrowed, charged to your account every four hours. Borrowed when? If I opened 10 BTC long 20 days ago at EUR350 I borrowed EUR3500. Lets assume now BTC/EUR exchange rate is EUR450. Do you charge me BTC 0.000777778 (3500×0,01%÷450) every 4 hours? Or BTC 0.001 (3500×0,01%÷350) every 4 hours? Or BTC 0.001285714 (4500×0,01%÷350) every 4 hours?
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Most of the time the bears are hibernating in the safety of fiat, doing nothing. Most of the time the bulls are hibernating in the safety of fiat bitcoin, doing nothing. Now look at bitcoin chart and tell me who is the loser?
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Not sure why well known bears are laughing & posting smilies.
Because that's what children do when they understand they're losers.
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I'm glad that all of you expect dump. It's a good indication where we go from here.
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Hi Dargo,
I have have some questions in regard to margin trading. Lets suppose there is a BTC/EUR leveraged long opened 1 month ago. Could you please clarify:
1. Do you calculate 23% interest for position rollovers on the EUR amount borrowed 1 month ago when position was opened or interest is calculated on the EUR amount at the time of the position rollover? 2. If customer has only BTC balance on their account what exchange rate do you apply to deduct rollover fees? Is that current BTC/EUR rate or you apply the exchange rate that was 1 month ago?
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Someone who sees how thin the bids are, and just wants to lock profits? LOL. You said the same when someone locked their profits at $497 yesterday.
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Can someone call Mike Hearn please!! So much for Bitcoin is done right?! Look at this rocket you damn R3 shitster!!Eat it man! Don't be too euphoric. R3 might have just decided to change strategy to buy out the 'controlling stake' in bitcoin. When they have it they can do whatever they want, including sell it out and crash it into oblivion. It'll be couple of billions loss but they can easily afford such a loss.
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People have stopped selling bitcoins and this can lead price to any level until the point when the one that started this buy out decides to take profit.
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To be honest I think we'll visit 490's again, it is a bit too fast so early
Caught a 492 buy order while asleep like expected I can't see price gone so low. What exchange do you use?
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The price will consolidate and every dip below 500 is a buy opportunity. After 2-3 days it'll be +600.
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