prof7bit
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February 10, 2014, 06:08:41 PM |
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I am talking about leveraged longs. BTC-E is a leverage trading platform via Meta Trader. Pretty sure this was a string of forced liquidations.
They should not allow monstrous leveraged positions to be build up that are larger than their own thin order book, this is just insane.
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fonzie
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February 10, 2014, 06:09:03 PM |
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Can someone please post: "BTC is stable now" "Bears, is that all u got, lame" "If you don´t buy in now you might miss the second ellbow of the S-Curve to 10000(00000)$, which is about to happen any minute. "5xx USD coins never going to happen, you greedy tard" ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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gizmoh
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February 10, 2014, 06:09:43 PM |
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There is a chance for another scenario BTC-E owners sold their own 8.5k of BTC to drag the price that down, to hit all stop loss of orders with 1:3 leverage on their MT4 platform. Few months ago, I got my account wiped out with $35k in Metatrader with 1:3 leverage,the interesting thing is that on all exchanges price did not went under $425, but on btc-e it just triggered my margin call at $375 and went up from there. I felt that the price was manipulated just to wipe my account... Here might be the same scenario..
Btc-e is supposedly providing the liquidity for 1:3 leverage, so btc-e are making the huge loss together with you when your positions are closed. I'm hearing btc withdrawals is taking longer than normal to appear on blockchain..
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Rampion
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February 10, 2014, 06:10:47 PM |
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I am talking about leveraged longs. BTC-E is a leverage trading platform via Meta Trader. Pretty sure this was a string of forced liquidations.
They should not allow monstrous leveraged positions to be build up that are larger than their own thin order book, this is just insane. Exactly.
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gizmoh
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February 10, 2014, 06:13:06 PM |
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I am talking about leveraged longs. BTC-E is a leverage trading platform via Meta Trader. Pretty sure this was a string of forced liquidations.
They should not allow monstrous leveraged positions to be build up that are larger than their own thin order book, this is just insane. Right, Btc-e is taking Huge risk , they are GAMBLING with Customers USD deposits by allowing 1:3 leverage. If those are indeed forced liquidations, btc-e suffered millions in loss.
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fonzie
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February 10, 2014, 06:14:30 PM |
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cee-euros
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February 10, 2014, 06:16:40 PM |
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I am talking about leveraged longs. BTC-E is a leverage trading platform via Meta Trader. Pretty sure this was a string of forced liquidations.
They should not allow monstrous leveraged positions to be build up that are larger than their own thin order book, this is just insane. Right, Btc-e is taking Huge risk , they are GAMBLING with Customers USD deposits by allowing 1:3 leverage. If those are indeed forced liquidations, btc-e suffered millions in loss. Forced liquidations, whats this mean? like farming
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adamstgBit
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Trusted Bitcoiner
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February 10, 2014, 06:17:45 PM |
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I am talking about leveraged longs. BTC-E is a leverage trading platform via Meta Trader. Pretty sure this was a string of forced liquidations.
They should not allow monstrous leveraged positions to be build up that are larger than their own thin order book, this is just insane. Right, Btc-e is taking Huge risk , they are GAMBLING with Customers USD deposits by allowing 1:3 leverage. If those are indeed forced liquidations, btc-e suffered millions in loss. but they get all the funds when somone get liquidated which happens more often then not probably very profitable taking on this risk.
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fonzie
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February 10, 2014, 06:20:00 PM |
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So much new trust for "Institutional Investors". WOW How is Overstock doing right now btw? lol. SO MANY LOLS AHAHAHHAHAHAHAA really BTC , i love you ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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fonzie
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February 10, 2014, 06:23:40 PM |
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There was not nearly enough bid depth to sustain those prices. Two exchanges (finex, BTC-E) got wiped out with a single order. Many trustworthy. Let´s say some sociopath basement guy with 300k+BTC can do this again a few more times, just for the lulz if he wants. Keep on hodling Hodlers ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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adamstgBit
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February 10, 2014, 06:25:50 PM |
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well all my bids are filled, time to place more ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) such panic much capitulation very profitable
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mccoyspace
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February 10, 2014, 06:27:41 PM |
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I am providing some USD loans on finex. I was surprised to see that they were still there after the flash crash. Not liquidated and not closed out because they are so under water. I guess I'm glad the exchange dropped their max leverage to 2.5.
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gizmoh
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February 10, 2014, 06:29:40 PM |
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I am providing some USD loans on finex. I was surprised to see that they were still there after the flash crash. Not liquidated and not closed out because they are so under water. I guess I'm glad the exchange dropped their max leverage to 2.5.
Cause the trades were rolled back, else all lenders would have gone bankrupt..
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prof7bit
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February 10, 2014, 06:40:19 PM |
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I am providing some USD loans on finex. I was surprised to see that they were still there after the flash crash. Not liquidated and not closed out because they are so under water. I guess I'm glad the exchange dropped their max leverage to 2.5.
Cause the trades were rolled back, else all lenders would have gone bankrupt.. I had a short closed at 550 (where I had my take-profit limit to close it), my profit is still there.
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magicmexican
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February 10, 2014, 06:40:59 PM |
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does anyone have the data considering todays volume gox vs btc-e vs stamp?
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F-bernanke
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February 10, 2014, 06:41:14 PM |
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I am providing some USD loans on finex. I was surprised to see that they were still there after the flash crash. Not liquidated and not closed out because they are so under water. I guess I'm glad the exchange dropped their max leverage to 2.5.
Cause the trades were rolled back, else all lenders would have gone bankrupt.. I had a short closed at 550 (where I had my take-profit limit to close it), my profit is still there. I think it halted trading right after that point (when stamp hit 530).
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prof7bit
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 10, 2014, 06:48:58 PM |
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I am providing some USD loans on finex. I was surprised to see that they were still there after the flash crash. Not liquidated and not closed out because they are so under water. I guess I'm glad the exchange dropped their max leverage to 2.5.
Cause the trades were rolled back, else all lenders would have gone bankrupt.. I had a short closed at 550 (where I had my take-profit limit to close it), my profit is still there. I think it halted trading right after that point (when stamp hit 530). such precision... wow! * prof7bit slaps himself on the shoulder
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NewLiberty
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Gresham's Lawyer
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February 10, 2014, 06:49:29 PM |
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There was not nearly enough bid depth to sustain those prices. Two exchanges (finex, BTC-E) got wiped out with a single order. Many trustworthy. Let´s say some sociopath basement guy with 300k+BTC can do this again a few more times, just for the lulz if he wants. Keep on hodling Hodlers ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Not in your wildest fantasy. There is exactly one person in that situation, he is not selling, and never has.
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EuroTrash
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February 10, 2014, 06:51:32 PM |
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There was not nearly enough bid depth to sustain those prices. Two exchanges (finex, BTC-E) got wiped out with a single order. Many trustworthy. Let´s say some sociopath basement guy with 300k+BTC can do this again a few more times, just for the lulz if he wants. Keep on hodling Hodlers ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Not in your wildest fantasy. There is exactly one person in that situation, he is not selling, and never has. weeeelll... apart from Satoshi I believe that MP is also in that 300k+ situation
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magicmexican
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February 10, 2014, 06:52:23 PM |
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Anyone here who has coins locked at mtgox? Whats your current position there - btc/fiat? If by any chance they will "fix" withdrawals - will you stay on gox?
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