Try this:

Buy 0.03 ฿, and the liquidate again.

Currently we don't impose any restrictions other than approval of large withdrawals. There're no hard limits in place.

We will review all the documents once we finalize our terms of service and other policies.

Done.

Congrats! Your account equity dropped from $160 to $138.33 after the requested change.

I don't understand why some people think the compensation is too low to cover the loss.

All I saw about your account is that you liquidated your own position and withdrew everything. Why you say that we are stealing from you?

We are improving the system to provide dynamic liquidity instead of the fixed 50 btc.

Thanks for the comments!

My advice: go ahead with what you're doing until you realize you're wrong.

We really want to serve our customers in the best possible way we can, but really unfortunately, fulfilling unreasonable requests isn't a sustainable measure of customer service.

Again, we make profits regardless of your profits and losses. We lose money (or potential profit) in two cases:

1. Someone is unhappy about Bitcoinica and left us.
2. We're unable to liquidate a huge position in case of market volatility and result in negative balances (which are permanent debts 90% of the time).

What we have always been doing is to reduce these situations as much as possible.

EDIT:

Generally, it's obvious that the more people making profits on Bitcoinica, the better for everyone. We're never against you.

It's for protection of ourselves. We can't liquidate a 40,000 BTC position with 4% margin requirement.

If we increase the margin requirement to the likely slippage amount, then 10:1 will instantly result in margin call.

We never advocate excessive leverage and deliberate squeeze.

Forced liquidations do not contribute to the long-term growth of the Bitcoinica platform at all. So we won't partner with anyone who is interested in squeezing other customers either.

However, we respect your freedom of trading. You're welcome to utilize Bitcoinica for your Bitcoin investments.

At the same time, we want to warn everyone with a large amount of leverage to watch out for market risks.

We can restore your position. But you must return the $160 compensation first. Now you have withdrew everything.

Your original unrealized profit is $105 at correct price, and the liquidation resulted in a $59 loss. Where is the $300?

If not wrong, it's a 200 BTC position (with huge leverage!). We accidentally forced you to sell it at 12% below market price, and we compensated at least 16%.

You could buy back at $5.27 and still make a profit.

EDIT: Why do you anticipate BTC refund when Bitcoinica loaned you the money to purchase the Bitcoins in the first place?

We have refunded everyone who genuinely suffered. (They are the people who were forced to sell below $4.5. That's our fault.)

We don't give refunds to people who were forced to buy at high prices, because they should be liquidated anyway. (Even if we re-enable their positions, they will still be liquidated immediately.)

There're some people out there who got confused.

Refer to our open interest chart and you'll know that we had huge amounts of positions to liquidate at that time. Our algorithm decided that 5.47 is the equilibrium price. And the market reaches that level after a few seconds.

We have lost thousands of dollars due to slippage because of the uncollectible negative balances. If we could reduce slippage, we would definitely do.

There's nothing wrong with the ask ticks unless you have stop orders being executed incorrectly.

Forced liquidations should take place at $5.47. Only the execution under $4.5 was incorrect.

There's no "missed profits" because we have compensated the difference between the liquidation price and the current price (which was less than $0.. It's like a forced liquidation at the price point of AT LEAST　$5.27, so you're free to re-establish your positions without losing anything.

You can use the Exchange feature to exchange it to BTC yourself. With our zero-spread promotion, you don't have to pay anything extra to convert your currency.

We are offering zero-spread on Bitcoinica again for the next 12 hours to thank you for your kind co-operation in our bad-tick-incidence a few hours ago.

The rules are the same as before, just market depth, no mark-up spreads. We will pay Mt. Gox fees for hedging ourselves.

In case you didn't notice, we have already sent out compensations of $0.80 per BTC for all liquidated short positions. You can check your ledger for that.

Also, it's worth pointing out that less than 1% of customers were affected at all. We've never experienced similar problems in the past either.

We have already taken appropriate actions to prevent this from happening again. Everything is back to normal now.

You're one of the customers with stop orders. And we couldn't locate your stop orders accurately when we process the compensations.

Now it's fixed, please check again. Thank you!

RESOLUTION

We have already compensated customers whose long positions that have been liquidated in error. The compensation amount is $0.8 per BTC.

If you have a stop order that was executed wrongly and you were not compensated, please contact us at support@bitcoinica.com.

Thank you for your co-operation in this matter.

Hi,

We just experienced a system error that caused a few bad ticks. Everything is back to normal.

We are deciding on the compensations for affected customers. Compensation will be in the form of cash credits. So feel free to re-establish your positions if you're affected.

We apologize for the error and we will get back to you shortly. Thanks for understanding!