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bassclef
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May 09, 2015, 11:04:50 PM |
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Are we going up now?  Drifting higher on low volume always makes me nervous... Sometimes it's bullish. When the market is exhausted of selling, the price often drifts up as there's too few coins to sell at this price and existing demand can march the price upwards. Then you get a little pump when bulls who were on the fence start buying. Of course it gets faded by traders unless the big money enters, but still better than going down. |
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Fatman3001
Legendary
 Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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May 09, 2015, 11:13:36 PM |
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People are idiots. That's the only thing holding us back. We went to $1000+ two years ago, when Bitcoin was wobbling on a knifes edge and the leading star was a retarded frenchman who moved to Tokyo just to make the abbreviation of his stupid exchange make sense. Now, there is a whole industry backing it up. Every bank, insurance company, and financial institution are looking at ways to implement Bitcoin or blockchain technology and somehow a market cap of roughly a couple of billions is thought to be reasonable. If this doesn't go sky high rather immediately I will lose all faith in humanity. Maybe we should send some coins to Elon Musk. WS likes to pump his shit into orbit.
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phoenix1
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May 09, 2015, 11:16:49 PM |
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People are idiots. That's the only thing holding us back.
 I stopped after that ... nothing more needed to be said or read. We'd be exploring other universes by now if the whole damn world wasn't full of idiots. Mind you, if we did explore them we'd probably just find more idiots and wonder why we bothered |
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inca
Legendary
Offline
Activity: 1176
Merit: 1000
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May 09, 2015, 11:22:45 PM |
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I looked ten seconds ago it seems and the price was 244. Now 242.
No matter this all low volume stuff.
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3015
Welt Am Draht
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May 09, 2015, 11:24:15 PM |
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Well, we're stuck with these pesky humans whether we like it or not. They have proven to be silly sausages over the aeons but we are the only game in town so far.
In many ways BTC is perfectly suited for machine to machine commerce. In the future maybe you'll have to beg your vibrating cock ring for a financial bailout.
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inca
Legendary
Offline
Activity: 1176
Merit: 1000
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May 09, 2015, 11:25:38 PM |
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Love the bots shoring up the asks to try and push the market lower. Any buying they shrink back  Edit: vibrating cock rings? lol i feel old haha. |
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
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May 09, 2015, 11:56:49 PM |
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[]
If this doesn't go sky high rather immediately I will lose all faith in humanity.[] Cheer up Champ! When life gets me down, I just remember the wise words of our beloved cult leader: "Bitcoin is the Final Solution to mankind's greatest problem."--Table Talk, Sätöshi Näkämötö  CCMF! All aboard! “Let there be nothing harmonious about our children's playthings, lest they grow up expecting peace and order, and be eaten alive.” ― Kurt Vonnegut, Mother Night |
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ChartBuddy
Legendary
 Online
Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 09, 2015, 11:57:58 PM |
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Andre#
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May 10, 2015, 12:17:56 AM |
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People are idiots. That's the only thing holding us back. We went to $1000+ two years ago, when Bitcoin was wobbling on a knifes edge and the leading star was a retarded frenchman who moved to Tokyo just to make the abbreviation of his stupid exchange make sense. Now, there is a whole industry backing it up. Every bank, insurance company, and financial institution are looking at ways to implement Bitcoin or blockchain technology and somehow a market cap of roughly a couple of billions is thought to be reasonable. If this doesn't go sky high rather immediately I will lose all faith in humanity. Maybe we should send some coins to Elon Musk. WS likes to pump his shit into orbit.
+1 |
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Stevenirving
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May 10, 2015, 12:28:55 AM |
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BFX just took ~160$ out of my account and I am trying to figure out why.
I shorted 7BTC at 244.5.
Then closed it at 242.
BFX took out the 160$ saying it was a swap cost.
Why would I be charged 160$ swap cost?
Its nonsense. Who would trade on margin if the fees were ~11%?
Anyone know what I am missing?
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kodtycoon
Legendary
Offline
Activity: 1568
Merit: 1002
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May 10, 2015, 12:30:29 AM |
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Anyone know what I am missing?
$160? |
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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May 10, 2015, 12:33:16 AM |
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Anyone know what I am missing?
$160? That is mean! I lol'd though. |
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Stevenirving
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May 10, 2015, 12:35:23 AM |
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Anyone know what I am missing?
$160? The laughter only makes the pain worse. Someone has to have an idea whats happening? Could this really just be BFX glitching out my money? Id rather know I made some sort of mistake |
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bassclef
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May 10, 2015, 12:41:44 AM |
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BFX just took ~160$ out of my account and I am trying to figure out why.
I shorted 7BTC at 244.5.
Then closed it at 242.
BFX took out the 160$ saying it was a swap cost.
Why would I be charged 160$ swap cost?
Its nonsense. Who would trade on margin if the fees were ~11%?
Anyone know what I am missing?
It depends on how long you held the position the % rate was on the 7btc loan. $160 seems very high. Contact support and they should be able to take care of it for you. |
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Stevenirving
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May 10, 2015, 12:44:24 AM |
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BFX just took ~160$ out of my account and I am trying to figure out why.
I shorted 7BTC at 244.5.
Then closed it at 242.
BFX took out the 160$ saying it was a swap cost.
Why would I be charged 160$ swap cost?
Its nonsense. Who would trade on margin if the fees were ~11%?
Anyone know what I am missing?
It depends on how long you held the position the % rate was on the 7btc loan. $160 seems very high. Contact support and they should be able to take care of it for you. Not more then a couple hours |
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kodtycoon
Legendary
Offline
Activity: 1568
Merit: 1002
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May 10, 2015, 12:48:03 AM |
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Anyone know what I am missing?
$160? The laughter only makes the pain worse. Someone has to have an idea whats happening? Could this really just be BFX glitching out my money? Id rather know I made some sort of mistake apologies. i have no experience of bitfinex so i cant really help.. have you contacted support? it could be related to the bug that caused loads of peoples accounts to open/close shorts/longs they didnt have or even have funding for.. im sure they will reimburse you if you contact them. |
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Stevenirving
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May 10, 2015, 12:53:21 AM |
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Sent them an email. Waiting on a response.
Hopefully I hear something tomorrow.
This may be a blessing in disguise. I was about to transfer a good portion of my savings into BFX.
If there is a glitch then at least the loss was minimal. Instead of loosing everything.
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ChartBuddy
Legendary
Online
Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 10, 2015, 12:57:52 AM |
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STT
Legendary
Offline
Activity: 4088
Merit: 1452
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May 10, 2015, 12:58:05 AM |
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I guess BTC trade would be more expensive but I can say a normal cost for a short of that kind of short would be well under 5% more like 2 at most to open and close and that would be in the spread. Your cost is over 9% ? I guess its possible for a cutting edge deal but doesnt seem very competitive to me either
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yefi
Legendary
Offline
Activity: 2842
Merit: 1511
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May 10, 2015, 01:12:59 AM |
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People are idiots. That's the only thing holding us back.
I stopped after that ... nothing more needed to be said or read. We'd be exploring other universes by now if the whole damn world wasn't full of idiots. Mind you, if we did explore them we'd probably just find more idiots and wonder why we bothered Two things are infinite, the Wall Observer thread and human stupidity, and I'm not yet completely sure about the Wall Observer. |
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