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Vigil
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December 05, 2013, 07:55:33 PM |
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I hate how Gox takes the fees out after the transaction and does not add them into the purchase/sale preview. Its like, "Surprise! We just subtracted $20 from your sale."
That buy/sell/transaction log is the worst i've ever seen, if you can even call it that. It's just a messy cluttered hard to understand table. Yeah, exactly. But yet I deciphered it and lost coins by buying low and selling high. slippage? What is slippage? Regardless of fee percentage, if you sell higher than you bought and the gain percentage is higher than the fee percentage you should make a profit. |
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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adsdas
Sr. Member
 Offline
Activity: 337
Merit: 250
https://streamies.io/
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December 05, 2013, 07:57:53 PM |
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We're not going down again soon, time to buy back in everyboodaaayyyy eheuyuu
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barbs
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December 05, 2013, 07:59:33 PM |
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got some music playing while watching this.
Finally i didn't fall for the latest bear trap. Market maker is pleased with his coin accumulation today, time to go back up i guess
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Hfertig
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December 05, 2013, 08:00:16 PM |
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We're not going down again soon, time to buy back in everyboodaaayyyy eheuyuu
What makes you so sure ? The downfall has just started... |
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octaft
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December 05, 2013, 08:01:03 PM |
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I hate how Gox takes the fees out after the transaction and does not add them into the purchase/sale preview. Its like, "Surprise! We just subtracted $20 from your sale."
That buy/sell/transaction log is the worst i've ever seen, if you can even call it that. It's just a messy cluttered hard to understand table. Yeah, exactly. But yet I deciphered it and lost coins by buying low and selling high. slippage? What is slippage? Regardless of fee percentage, if you sell higher than you bought and the gain percentage is higher than the fee percentage you should make a profit. If you market sell/buy but there aren't enough bitcoins at the price you're offering, it goes down or up to the next price in the list. So for example, if you sell 20BTC at 1150 in a market order, but there are only 10BTC on the book being bought at 1150, and the next 10 at 1145, you will sell the first 10 at 1150 and the last 10 at 1145. The 50 you lose vs selling them all at 1150 is your slippage. |
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ThatDGuy
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December 05, 2013, 08:01:21 PM |
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We're not going down again soon, time to buy back in everyboodaaayyyy eheuyuu
What makes you so sure ? The downfall has just started... The downfall of the bears, maybe  |
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Vigil
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December 05, 2013, 08:02:03 PM |
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I hate how Gox takes the fees out after the transaction and does not add them into the purchase/sale preview. Its like, "Surprise! We just subtracted $20 from your sale."
That buy/sell/transaction log is the worst i've ever seen, if you can even call it that. It's just a messy cluttered hard to understand table. Yeah, exactly. But yet I deciphered it and lost coins by buying low and selling high. slippage? What is slippage? Regardless of fee percentage, if you sell higher than you bought and the gain percentage is higher than the fee percentage you should make a profit. If you market sell/buy but there aren't enough bitcoins at the price you're offering, it goes down or up to the next price in the list. So for example, if you sell 20BTC at 1150 in a market order, but there are only 10BTC on the book being bought at 1150, and the next 10 at 1145, you will sell the first 10 at 1150 and the last 10 at 1145. The 50 you lose vs selling them all at 1150 is your slippage. They are limit orders, no market orders. |
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
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December 05, 2013, 08:02:16 PM |
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China/Bitstamp spread has been negative (China lower) ever since the flashcrash 12 hours ago. So the west has absorbed:
- 71% of the losses (from 1.13->0.85->1.05);
- quite a number of bitcoins sent from China.
It is not usual to have China seriously lower. Usually it's either at about even or higher.
I see the news as neutral/bullish, and this reaction quite convincing. $800 will firmly hold.
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Hfertig
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December 05, 2013, 08:02:20 PM |
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We're not going down again soon, time to buy back in everyboodaaayyyy eheuyuu
What makes you so sure ? The downfall has just started... The downfall of the bears, maybe I wish you good luck.... |
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TERA
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December 05, 2013, 08:12:33 PM |
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jojo69
Legendary
Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
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December 05, 2013, 08:17:31 PM |
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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December 05, 2013, 08:17:45 PM |
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China/Bitstamp spread has been negative (China lower) ever since the flashcrash 12 hours ago. So the west has absorbed:
- 71% of the losses (from 1.13->0.85->1.05);
- quite a number of bitcoins sent from China.
It is not usual to have China seriously lower. Usually it's either at about even or higher.
I see the news as neutral/bullish, and this reaction quite convincing. $800 will firmly hold.
I find it a great sign that after this flash crash it rippled pretty amazing with only 4 harmonics before rising up steadily at its previous pace (actually a bit higher at the moment). Since this is my officially troll thread; may I be excused and shout: CHOO CHOO MUTHAFAKAZ! |
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micalith
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December 05, 2013, 08:24:47 PM |
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We're not going down again soon, time to buy back in everyboodaaayyyy eheuyuu
What makes you so sure ? The downfall has just started... The downfall of the bears, maybe I wish you good luck.... you trolling or wot bruv |
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BadBear
v2.0
Legendary
Offline
Activity: 1652
Merit: 1127
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December 05, 2013, 08:31:25 PM |
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We're not going down again soon, time to buy back in everyboodaaayyyy eheuyuu
What makes you so sure ? The downfall has just started... The downfall of the bears, maybe I wish you good luck.... you trolling or wot bruv So bears ?
Bull trap in the works. No way we will break the 150. Will see a slow grind to 110... He mad cause he missed the boat. |
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octaft
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December 05, 2013, 08:35:24 PM |
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I hate how Gox takes the fees out after the transaction and does not add them into the purchase/sale preview. Its like, "Surprise! We just subtracted $20 from your sale."
That buy/sell/transaction log is the worst i've ever seen, if you can even call it that. It's just a messy cluttered hard to understand table. Yeah, exactly. But yet I deciphered it and lost coins by buying low and selling high. slippage? What is slippage? Regardless of fee percentage, if you sell higher than you bought and the gain percentage is higher than the fee percentage you should make a profit. If you market sell/buy but there aren't enough bitcoins at the price you're offering, it goes down or up to the next price in the list. So for example, if you sell 20BTC at 1150 in a market order, but there are only 10BTC on the book being bought at 1150, and the next 10 at 1145, you will sell the first 10 at 1150 and the last 10 at 1145. The 50 you lose vs selling them all at 1150 is your slippage. They are limit orders, no market orders. I was addressing your question regarding slippage. I have no idea what happened in your specific case. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 05, 2013, 08:36:17 PM |
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record daily volume on BTCChine.
sorry bears bubbles don't pop on record volume.
UP!
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capsqrl
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December 05, 2013, 08:39:15 PM |
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accord01
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December 05, 2013, 08:40:47 PM |
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did bitstamp small wall at 1050 get canceled? There was no volume and it broke thru 1050.
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jojo69
Legendary
Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
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December 05, 2013, 08:43:01 PM |
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this train, bound for glory, this train
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capsqrl
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December 05, 2013, 08:43:21 PM |
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did bitstamp small wall at 1050 get canceled? There was no volume and it broke thru 1050.
Looks like it was bought, it was only about 200btc tall and there was that much volume. |
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