The new host is seriously faster, but maybe I am the only one looking so far. So fast.  Blazing speed! |
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I'm now safe to say that yesterday was the most rewarding day for me since my very first Bitcoin.  |
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Exactly. Don't change the system because people don't know what they are doing. We all are aware of the risks and this should be a lesson to those that overextended themselves. Unless this is something Bitcoinica needs to do to be profitable, leave it alone or move up and onward.
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Public Proposal: Change of Leverage Options.
Due to recent volatility, a lot of traders were forced liquidated and caused a snowball effect: forced liquidation causes more forced liquidations due to excessive market movements.
Also, we want to make sure that Bitcoinica always has reserves for traders. We hope the asterisk will not appear frequently in the future.
Therefore, I propose a solution to such problems. Since this solution may negatively impact some of our customers, we want to hear the voice of the public. This is how the implementation will be decided:
If Agree > Disagree, we will implement this change. If Disagree > Agree, we will not implement this change and we will consider other options.
Neutral votes will be ignored at the moment.
If you have better ideas, please voice out and we will consider.
So what's the change?
-------------------------
If your margin balance is less than $2,000 (inc.), you can set leverage to 5:1, 2.5:1 and 1:1.
If your margin balance is between $2,000 (exc.) and $20,000 (inc.), you can set leverage to 10:1, 5:1, 2.5:1 and 1:1.
If your margin balance is greater than $20,000 (exc.), you can set leverage to 50:1, 10:1, 5:1, 2.5:1 and 1:1.
This is to protect our customers' interest and maintain market volatility at low levels by preventing huge forced liquidations as much as possible. Also, less funds will be used up by large clients so we will have more available reserves.
Now, please vote!
I made some adjustments. This works better. |
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Are things back up yet? I saw a screenshot that looked like they had the site running.
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So you are in large part to blame for the crash. 17k bitcoin leveraged 10:1 = 170k on the market = crash
Your a leech on the bitcoin economy and I hope you get liquidated.
Yea your numbers are off there buddy. |
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Damnit you guys... you said to buy!  |
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Double Zhoutonged again Not only it forced close my position (something expected given the drop) it also sold all my BTC on the account Considering the crap exchange rates of Bitcoinica (in comparison to mtgox exchange rates) this is not nice. Also, again, it does not show in the order history (only the forced liquidation is there, the forced sale of BTC is not). This is not nice you know? I complained last time of forced sale of BTC that does not show up on the story, and now it happen again even on the new site, this does not please me. It should show in the ledger. |
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In true Forex fashion when you click that button and they cant get that rate for you it should read "Rates Changed". Now Bitcoinica just decides to treat it like a stock market order and place it when they can. Which is really not right and the reason I only use Limit orders.
I used Forex.com's trading panel before, and actually they allow you to set a percentage limit for "Instant Execution". So basically you're placing a limit order, but if it can't be executed immediately (due to "Rates Changed"), the order is abandoned. However, market order is market order. If you specifically place a market order, it shouldn't be canceled due to "Rates Changed". I understand what a market order is. It's just the way you're handling the instant buy/sell buttons that is wrong IMO. With the already long delay in order processing times, the price shown on the site when you click buy/sell could be much different once its placed. |
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You guys are being silly, I really would like this car, if you think I'm trying to scam you I'm not. I'm willing to take a video of me outside my house with a GPS so you know where I live so you can come and kill me if I don't pay you back.
Oh there are many things worse than death... and we can do them all. |
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the car dolly is $400
that sounds like a lot.  Mahahahahahahahahahahahaha |
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Hmmm, I'm about to pick up the same car from a lady for $1,500. I hope this isn't her....
Witnessed. is this a game ? so i say now seconded right ? Yes! |
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Hmmm, I'm about to pick up the same car from a lady for $1,500. I hope this isn't her....
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In true Forex fashion when you click that button and they cant get that rate for you it should read "Rates Changed". Now Bitcoinica just decides to treat it like a stock market order and place it when they can. Which is really not right and the reason I only use Limit orders.
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I see the 90 btc.
Witnessed. Seconded |
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you really got fast mining machine huh !
It does a couple Gigahash.  LMAO |
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Well it was fun to watch anyway. |
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bah!
no volume
put up or shut up
My coins aren't on the orderbook my friend and I doubt the big guys are either. |
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You guys are asking for trouble.
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So, you changed the icon from a smiley to a thumbs up to signify no new accounts? Do you have an icon that means storage capacity available?  Oh my I didn't even notice that I changed it. It must have been a mis-scroll. Fixed |
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