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1  Economy / Speculation / Re: steady selling pressure, should be at $3.00 very soon on: February 14, 2012, 08:16:39 PM
If your "analysis" only consists of looking at bidwalls, which is what it looks like, then I feel sorry for anyone who listens to you.
2  Economy / Speculation / Re: Its called a correction on: February 14, 2012, 02:41:51 PM
I heartily agree. It makes me cringe when I see people in here trading actively on Bitcoinica who don't know what a margin call is, what swap rates are, or any other myriad of extremely basic trading concepts are. Then they blame Zhoutong for stealing all their precious money when they inevitably lose it all.
3  Economy / Speculation / Re: bitcoinica is down on: February 14, 2012, 12:13:27 PM
It's how close you are to getting a margin call. When it goes all the way down you're getting Zhoutong'd.
4  Economy / Speculation / Re: bitscalper anyone use this ? on: January 20, 2012, 06:57:19 AM
I had a VERY positive experience using BitScalper.

Fast responses to emails, extremely fast withdrawal and of course, profit.

I am still using the service and wouldn't hesitate to recommend it to anyone interested in making a few extra BTC for essentially doing nothing.

The Support Team was extremely professional in all correspondences. 

I can second this... I'm still highly skeptical (hard not to be), but for the time being they are a reliable service. I deposited 90 BTC just as a test because I'm a crazy person, and withdrew 80 BTC out which came quickly. I've generated a little over 2 BTC profit over the past 4 or 5 days... not bad for nothing.
5  Economy / Speculation / Re: bitcoinica is down on: January 17, 2012, 05:56:14 PM
Exhibit A:

6  Economy / Speculation / Re: bitcoinica is down on: January 17, 2012, 05:53:53 PM
I'm still seeing double stars pop up every now and again.
7  Economy / Speculation / Re: bitcoinica is down on: January 17, 2012, 05:43:27 PM
This happened just before it went down:

8  Bitcoin / Bitcoin Discussion / Re: I talked with Amazon Live Support today... on: January 16, 2012, 02:28:27 PM
It's not too soon for bitcoin

IMHO it is too soon for Bitcoin.  It is unlikely Amazon shareholders would be happy with "currency risk" associated w/ Bitcoin so any integration would likely be a bitpay like internal system. 

The problem is the market doesn't have sufficient depth to handle even a tiny fraction of Amazon volume.  If Amazon needs to liquidate 10K BTC per day the market couldn't handle it. 

Someday it could.  Someday we will reach a point where 10K buy or sell doesn't even move the bid/ask but we aren't there yet. 



But for Amazon to reach the point where they need to liquidate 10K BTC per day the economy would have to grow significantly from what it is right now in the first place meaning that they *would* probably be able to liquidate 10K BTC per day because there would be that much demand to purchase BTC.
9  Economy / Speculation / Buying more... on: January 06, 2012, 07:24:29 AM
That was a major dump just now, but I'm going to be buying more as I think this was just a minor correction. I don't think we will drop below $6. But then again, this *is* bitcoin we are talking about.
10  Economy / Speculation / Re: Mad Speculator now live on bitcoinica on: January 06, 2012, 07:16:07 AM
Should have listened to the experienced trader in me... Somebody just dumped a truckload of bitcoins lol.
11  Economy / Speculation / Re: Mad Speculator now live on bitcoinica on: January 06, 2012, 07:12:30 AM
Here is my current position:



ONLY 16% pfffffftttttttt  Roll Eyes

Yeah I know, right? Tongue The experienced trader in me says to take profit now, but at the same time something tells me Bitcoin is not the same as anything I've ever traded before. Tongue
12  Economy / Speculation / Re: Mad Speculator now live on bitcoinica on: January 06, 2012, 07:02:17 AM
Here is my current position:

13  Economy / Speculation / Re: $5.5 today!? on: January 02, 2012, 03:01:28 PM
If only some international standards organization existed that could help us come up with an unambiguous date format...

So the date today is 2012-01-02. It's not American date format or European date format. It does make the most sense. Think of how we write time: hour, minute, second. Dates should be the same way, biggest to smallest: Year, month, day.

Plus, you can easily use lexicographic sort which will work fine on these dates. Anything else is very problematic.

This is how we write the date here in Japan. (YYYY/MM/DD)
14  Economy / Speculation / Re: Predict the price on 3/1/2012. on: January 01, 2012, 08:02:37 PM
$50.00000
15  Economy / Speculation / Re: Bitcoinica: How it works on: January 01, 2012, 05:02:21 PM
Oh dear, what if bitcoinica is insolvent?

I don't think they are. 

To be clear, I don't think they are either. It was most likely either a browser anomaly or a momentary problem with the server. I just found it odd.
16  Economy / Speculation / Re: Why did the price not go to $5.5? Answer: NO RESERVE on: January 01, 2012, 04:28:53 PM
what?!  * on both sides?  oh my, i'm gonna have fun with that one...

Wish I could have gotten a screenshot but it really was only up there for the duration of one AJAX refresh. I am thinking there could be some sort of bug in his "red flag" coding, or they just have no money at all. I'm more inclined to believe that it is a bug rather than no funds, but that could be because I am in a rather profitable speculative position right now that I don't really want to liquidate yet with the way things have turned so bullish. I am just worried that when I do decide to cash out the cash will not be there (not that I want dollars, I just want to convert my profits into BTC, but still...).
17  Economy / Speculation / Re: Why did the price not go to $5.5? Answer: NO RESERVE on: January 01, 2012, 04:07:56 PM
I've only seen the * come up a couple times over the past hour and it went away almost instantly. I suppose it depends on how many coins you were trying to buy... Although, I did notice something strange in that both the ask and bid prices had * beside them meaning that apparently you could not buy OR sell there for a few brief moments. They both went away with the next automatic AJAX-magic refresh of the prices, though, so I'm not sure what could have caused that.
18  Economy / Speculation / Re: Christmas Dump.. on: December 26, 2011, 06:39:50 AM
It took one off the chin, and it didn't have a glass chin..

All Im interested in is the price on the day the banks open, which is what the 27th ?

Does Japan have a holiday for 25 and 26th ?

Today is not a holiday here in Japan.
19  Economy / Marketplace / Re: 100,000 JPY for BitCoins on: April 28, 2011, 06:15:39 PM

From Japan very few visitors, but I think everything will be fine if the price will be reasonable


It would be neat if you could allow conversion to/from other currencies (such as USD) once your account is funded so that people can fill orders for any currency with the funds they have in their account. Not sure of the logistics involved for that kind of thing though...
20  Economy / Marketplace / Re: 100,000 JPY for BitCoins on: April 28, 2011, 06:05:11 PM
Okay bitcoinex, got everything ready to go... The transfer won't process until Monday though. Now to just hope someone is willing to fill my order. Tongue
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