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This is a super idea. The more exchanges the better. Mtgox has become too much of a police exchange. It's not their fault.. They just got too big too fast.
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I was about to do a deal with him. Guess I won't. Thanks for the heads up.
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I don't use Bitcoinica, but you shouldn't have to convert first.
Don't forget: fees; you're paying the spread twice; and your 9k buy will move the market up and the ~9k sell will move it down cutting into your profit both times.
Also don't forget: if the market goes down $0.48 you will be forced to liquidate and lose 100%.
Ah okay thanks. Has anyone taken a high leveraged position before with btc recently? |
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Does this look right?
1) I convert my 1000 BTC to $4,800 and buy BTC with leverage 1:10.
2) I can technically buy $48,000 of BTC... If the price of a BTC rises from $4.80 to $5.00 and I liquidate, I will have a total of $50,000 of USD. I pay back the original $43,200 I borrowed and pocket the $2,000.
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I like this idea! A BitStar satellite.
It now only costs 1,000,000 BTC! |
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I have roughly 1,000 BTC that I am not doing anything with. This was acquired in 3 days through means I will not mention on the forum (rhymes with milktoad) For the reason that this sum took such a small amount of time accrue, I don't mind "gambling" with leverage. I was thinking of depositing my funds in Bitconica and taking a leveraged position. The leverage I will use will be 1:10. Before I start, I have a few questions: - What is the difference between the different types of orders:
> Market
> Limit
> Stop
> Trailing Stop - Are there call/put options?
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Cold you do a large box of peanut M&m's to overseas?. Pm me.
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I can sell you about 1,000 USD of btc. I am willing to go first. International wire to my UK based bank or a domestic wire to my BofA is preferred.
Best,
Omni.
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Gigavps your setup is sweet.
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Did anyone report this sucker?
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How exactly are you able to afford paying out more than 100% of shares Goat?
Mostly black magic and voodoo. (I also sell hashes to the Thai mafia) Figures. |
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I have never heard of Wu being reversible haha.
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Hi,
I have 145.00 btc up for grabs and am looking to buy several Amazon.co.uk vouchers.
Thanks!
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How exactly are you able to afford paying out more than 100% of shares Goat?
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Has the identity of this individual been revealed?
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Is this a hoax? Can someone post a pic of the actual article?
Please update the OP. |
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According to common odds you're going to be struck by lightning first. I hope your not wearing your tinfoil hat.  |
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