If the math in Bitcoinica Helper is correct, the liquidation price is 4.4913.
bid - ((net_value - maintenance)/(amount + btc)) =
4.75225 - ((475.07 - 189.18)/(982.21337 + 113.21337))
so he's safe so long as that mega wall holds |
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open up excel and try again if you want
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I have not yet used bitcoinia, I would like to give it a try. And I would like to get someone from this forum to guide me through the process & explain a few things along the way. I can easily set us up so you can see my computer screen while i record it The way i see it we would do this video over the course of a few weeks, in which at first you'll help me set a position on bitcoinia, then a few days later we can review and maybe change the position(s). etc... I want to end up with a nice short video of, 3 or 4, 5-10 mins Skype calls over 1 or 2 weeks of trading on bitcoinia It would be really cool if we could end the video with us taking a nice 10% profit  anyone interested? |
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edit: did some calculations - Want to force liquidate Atlas for the lulz? Just make the price drop to 4.254
sure you did the correct math? mine says it wouldn't take nearly that. edit: found this https://bitcointalk.org/index.php?topic=56797.0 < this has the formula for the zhoutonging price (I love it zhoutong used that phrase!) k so i did the math = current bid - (margin balance + unrealized P/L - (base price * amount * 4%)) / amount =4.7522 -(538.02-61.78- (4.8152*982.21337*0.04))/982.21337 ------------------ = 4.45994 The falling price of bitcoin drops the margin balance. This is still not exactly correct. 4.7522 - (( 4.7522*113)-61.78-(4.8152*982.21337*.04)/982.21337 = a more rapidly approaching number than most people expect  this is why you should keep USD in your account on a long position. your formula comes out to -470.. must be something wrong with the ()'s but i understand what your saying... so then i'd say 4.5 ish he gets zhoutonged why bitcoinia! why not show this zhoutong price? |
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The longer we sit in a flat trading range, the more likely it is that we could break out to the downside, despite the oversold.
disagree. the massive support is allowing a ton of selling pressure to be relieved without affecting the price much. pretty soon the only thing left to do will be buy buy buy. dare i say -- is everyone ready for the rocket? i was born ready! i will not sell below 8$... then i will buy back quickly at 6.40 for the real rocket lol |
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edit: did some calculations - Want to force liquidate Atlas for the lulz? Just make the price drop to 4.254
sure you did the correct math? mine says it wouldn't take nearly that. edit: found this https://bitcointalk.org/index.php?topic=56797.0 < this has the formula for the zhoutonging price (I love it zhoutong used that phrase!) k so i did the math = current bid - (margin balance + unrealized P/L - (base price * amount * 4%)) / amount =4.7522 -(538.02-61.78- (4.8152*982.21337*0.04))/982.21337 ------------------ = 4.45994 |
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If you're willing to send 10,000 BTC to them and let them convert it all to $50,000 cash, then I don't see why they wouldn't accept. There could definitely be problems mid-transaction but if done in a way that's 0 risk to them then every company would jump on board.
You may consider splitting it into 10 transactions of 1000BTC
what risk? the only risk is sending it to the wrong bitcoin address? |
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POST OF THE DEVIL  seems to me hes just a kid that got in early and believed in btc so much so that he never sold out... idk why he doesn't just stand up and say " I AM ATLAS! " be proud Atlas! |
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My parents don't even know.
how long have you been holding all these coins? |
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I went 10:1. It's time, gentlemen.
lol prove it also how low dose it have to go b4 you get liquidated? how many coins? will you be the trigger for an unexpected long squeeze, letting everyone have cheep coins before blast off? |
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The wave is going to come any moment now.
Is it safe to go all in?
lol no never safe to go 10 to 1... a small temporary drop, your done and you miss it |
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This. If enough people sincerely believe bitcoin is stable, and, on that basis, decide to start using it, then demand for the currency will go up, and I suspect it will kick off another large bubble; and the longer this "stability" lasts, the larger I think the subsequent bubble will be. agreed, and its slowly happening i ran a poll, and about 50 users will be selling / buying diablo3 items (in May when it comes out) this will lead to many new bitcoin users actually using bitcoin for trading. bitcoin is perfect for diablo3, because Ebay hates selling this kind of virtual item and its true you will be able to sell your stuff for real money with the in game auction house. but NOT for hardcore mode (the mode where, when you die you lose everything), blizzard will not have auction house for this hardcore mode. so now we NEED to use bitcoin. I'm hoping diablo3 & bitcoin will create a BUZZ in the MMORPG world, and one day we will see the first MMORPG using bitcoin in game |
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I have been waiting for the Bitcoin to drop before getting in, looks like I have no choice but to start buying at around $5  says the Hero Member |
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It's not just the p2p crowd that uses bitcoin :-) From the first link: The first site, http://bittracks.com, has stopped selling music since mybitcoin went down: mybitcoin.com is down, and I cannot currently process orders. The second site, http://www.musicafterhours.com/, does accept bitcoin, but only if you email him, and only for albums, which are $9.99 (1.8 BTC). There is no automated mp3 purchase option like iTunes. The third site, http://www.mindalign.net/, does accept bitcoin, but sells $10 CD's worth of meditation mp3s, not music, and again, by email, not through automated purchase. From the second link: The first merchant, BitVinyl, sells physical vinyl records, not mp3s. The second site, http://www.videoseconds.com/shop/, says on their site that they accept bitcoins, but after I registered and logged in, the only payment option was PayPal. It'd also be nice if a bitcoin-accepting site allowed purchases without being-a-member/logging-in. The third site, http://www.emwires.com/bitcoinshop/, does accept bitcoin, but only sells physical CDs. The fourth site, http://www.chantcd.com/, only sells physical CDs and books, and I couldn't find any thing on it about bitcoin. The fifth site, http://www.darkambientradio.de, says on their site they were only accepting bitcoin until July 31st 2011, and only sell physical CDs. The sixth site, http://www.ogdogg.com/shirts.html, does accept bitcoin (through pay-payl), but only two $6 albums, and I believe they're physical CDs. The seventh site, http://www.realmusicshop.de/en/index, doesn't have any thing about bitcoin on it that I could find, and only sells music accessories like guitars, not music. thanks for the info, i will update thebitcoinreview.com accordingly I think a bitcoin-accepting iTunes-like site would be good. Bitcoin is suited for small purchases like buying single mp3s, since transaction fees are so low.
Music sales would be easy to automate with bitcoin too. There is no physical product to ship, and if someone does a double spend attack, the vendor doesn't lose any thing irreplaceable. The lack of a physical product to ship also means a customer doesn't need to log in to purchase the product, since the merchant doesn't need a shipping address.
i agree with you, but i still think most bitcoiners wont pay for mp3's If they like the music they buy the CD |
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dont kid yourself... you think it wasn't a good move?
he was hoping it would get sold into... but ya, not gana happen
Well, the thing is, whoever this person is, they are either a bear that doesn't know what they are doing, or they are a bull that is being quite blatant. While the former is funny, the latter makes me wonder just who the hell it is... Satoshi the bull had been accumulating at the low 4's b4 putting up this wall wouldn't you wana be the owner of the wall? hes in a very good position right now. |
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Maybe they don't know what they are doing?
dont kid yourself... you think it wasn't a good move? he was hoping it would get sold into... but ya, not gana happen |
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Depends on how far it is explained. Some people can handle longer, more intricate explanations better than others. The "others" here I would surmise would in general be more likely to regard Bitcoin as a scam.
As soon as I heard "decentralized", "limited supply", and that it was all controlled by cryptography across a distributed database on a P2P network, I understood it to be something that I need to devote a large part of my life to.
But when I explained it this way to some 60-year old (more or less) average people, they couldn't see how it could possibly be anything other than a scam. Granted, one of those people continues to think the entire Internet is a scam...
but these days credible news sources are calling a scam, do it man google "bitcoin" you'll find a lot of bad news if you do any digging this could easily fool even reasonably smart people into thinking its a scam or not worth while |
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Google "bitcoin" you'll find tons of people calling it a scam!  |
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