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.
explain this (Assuming 1 BTC price is $100). Step 1: Deposit 1 BTC into Broker1 & Deposit $100 into Plus500 Step 2: Long BTC/USD in Broker1 with 1 BTC & short BTC/USD in Plus500 with $100, hopefully as close to the same price as possible. Step 3: Wait for BTC price to go up 50% or down 50%. Step 4: Collect interest from Broker1 while you wait. Step 5: Close the position in both brokerages after 50% change & Realize that even if interest was 0, you just made money. Reason: If I long BTC/USD in Broker1, and BTC goes to $150, you made 1*5*0.5 = 2.5 BTC = $375. If BTC goes down to $50, you lost 1*5*0.5 = 2.5 BTC = $125. If I short BTC/USD in Plus500 and BTC goes down to $50, you made $100*5*0.5 = $250 = 5 BTC If BTC goes up to $150, you lost BTC $100*5*0.5 = $250 = ~1.7 BTC. If BTC goes down, you make 2.5 BTC If BTC goes up, you make 0.8 BTC Step 6: Re-balance your closing on the exchange of your choice by buying BTC with an amount of USD equal to your USD profit, or selling BTC equal to your USD loss. Step 7: Tip kazu: 1FQLWseEPhJNQey2m6Mi1pSFf8iyK8e5s7 or I didn't understood or it doesn't make sense: both have 5x levergage? (ignoring interest (which shouldn't be ignored)) you are hedging one against the other with 5x - until price falls or ups 20% your gain/loss is 0.......after that you have one trade left (the other is 0 now), which can win or loose! it's like waiting 20% movement to make a trade in the movement direction. BTW: at least ar 1broker you can hedge against other positions, so no need for 2 brokers. and don't forget, interest rate changes all the time |
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@kakobrekla
I wouldn't waste my time to waste your time.....And I wont waste any more, to respond to people like you
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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?
you should as this things in the 1briker thread, but i'll respond those. "margin call" is the warning, "margin close" is the forced closing
"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?
No, it's open 24/7
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?
sure. your cfd is leverged 1x and your real BTC, too (if you want to call it like that) That's exactly the same when you trade a dolar pair on forex with a dolar dominated account
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?
well it's a market maker, he makes the rules....it's a take it or leave it thing...... |
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does Plus500 have MT4? They block my country. They have BTC/USD pair
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suckssss I wanna use it, but i can't |
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Das ist auch genau die Art Arbitrage, die ich mache  Nur dauert die MtGox Auszahlung wirklich sehr lange... und deshalb scheint es kaum jemand zu machen. Du verlierst ja Geld in der zwischenzeit, bzw. verdienst keines |
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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.
explain this |
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unless somebody is able to confirm it actually works, I'm not really going to bother.
there isn't even any post of someone who tried it out |
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@bzzard the service you give is pathetic too bad bitcoin dont allow charge back's Chargeback for free service (since two months)? Like I've said - server is down and it's not my fault. Doing all I can to get it back online but somehow it takes ages to my hosting... thank's for the great service |
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A brokerage could easily use something like Bitpay to allow people to deposit using Bitcoins.
then there is no point of using bitcoin the point of using bitcoin is to keep the account in btc and gain account value if the price goes up sure, that would be perfect. Bit4x does give this option, 1broker (CFD), too.....but both are unregulated On the other hand, it is a nice option if you can trade some forex with a BTC deposit (which is changed to $) while BTC is going sideways or down isn't it? 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.
no, but I think Plus500 has, I can't visit their site to check 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. Also can somebody explain to me what the actual fuck does "infinite leverage" mean? WTF?
where did you see that? lol 1broker
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.
They have 3 acount types. I'm testeing a demo account now Yea :\ Plus500: I can't trade eith them either as they block Brazil. hehehe...take it easy 1broker: Never seen that claim, but since I allready traded their BTC/USD CFD I gues they mean that you can change leverage (up to the limit of course) on the fly when doing an order. (Not that that makes any sense to me, you want half of max leverage, just trade half the size |
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Bit4X is the only ECN forex broker with bitcoin denominated MT4 balance. Also the best.
Well if it's the only, it's not dificult to be the best, isn't it? claims like this, f.e. false awards on the page or false claims that one is regulated are nor trustworthy to me.
If you have any serious questions, you know where to find me.
I don't kknow where to find you, so I try it here: First: Who are you? You work for them or are a custumer? Bit4X is the ECN forex broker
How can I check it is really ECN? website doesn't say this. Kind of weird I have to spell it out but here goes: start by reading the Bit4X.com webpage. well, support seams to be bad as well. :-( Venet-FX page doesn't mention ECN.....and Bit4x seams to mention all kind of things that sound good Troll or stupid? thank's, I was even considerating trading on your page before your posts, but you made my decision easy. To all: WHat kind of person is this? You'll tust a guy like this? I won't |
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Bit4X is the only ECN forex broker with bitcoin denominated MT4 balance. Also the best.
Well if it's the only, it's not dificult to be the best, isn't it? claims like this, f.e. false awards on the page or false claims that one is regulated are nor trustworthy to me.
If you have any serious questions, you know where to find me.
I don't kknow where to find you, so I try it here: First: Who are you? You work for them or are a custumer? Bit4X is the ECN forex broker
How can I check it is really ECN? website doesn't say this. Kind of weird I have to spell it out but here goes: start by reading the Bit4X.com webpage. well, support seams to be bad as well. :-( Venet-FX page doesn't mention ECN.....and Bit4x seams to mention all kind of things that sound good |
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Bit4X is the only ECN forex broker with bitcoin denominated MT4 balance. Also the best.
Well if it's the only, it's not dificult to be the best, isn't it? claims like this, f.e. false awards on the page or false claims that one is regulated are nor trustworthy to me.
If you have any serious questions, you know where to find me.
I don't kknow where to find you, so I try it here: First: Who are you? You work for them or are a custumer? Bit4X is the ECN forex broker
How can I check it is really ECN? website doesn't say this. |
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Bit4x does give this option, 1broker (CFD), too.....but both are unregulated
if u are in USA that a good thing because is illegal for normal uss citizens to trade CFD, synthetic index's, trade with leverage over 50 and a long list arent all market making Forex-Brokers actualy offering a CDF on pairs (though they don't call it like this)?? And the maiority is market maker |
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A brokerage could easily use something like Bitpay to allow people to deposit using Bitcoins.
then there is no point of using bitcoin the point of using bitcoin is to keep the account in btc and gain account value if the price goes up sure, that would be perfect. Bit4x does give this option, 1broker (CFD), too.....but both are unregulated On the other hand, it is a nice option if you can trade some forex with a BTC deposit (which is changed to $) while BTC is going sideways or down isn't it? 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.
no, but I think Plus500 has, I can't visit their site to check Also can somebody explain to me what the actual fuck does "infinite leverage" mean? WTF?
where did you see that? lol
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.
They have 3 acount types. I'm testeing a demo account now |
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A brokerage could easily use something like Bitpay to allow people to deposit using Bitcoins.
exactly: let me ask about this 2 brokers: 1)Plus500 2)Forex-Metal the second allows deposit and withdraw in BTC the first is blocked for my country |
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They block access from a whole bunch of "high risk" countries.
what's the risk for them? |
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You still shud investogate the one that blocks ip from brazil and if it is viable you shud use vpn to use it with a usa or canadian IP through vpn  don't know man, there must be a reason for it |
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