seleme
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Duelbits.com
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April 29, 2013, 08:38:46 PM |
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their fees are disgrace.
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ineededausername
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April 29, 2013, 08:40:41 PM |
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their fees are disgrace.
Don't know about you guys but I pay .3% ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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(BFL)^2 < 0
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fitty
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April 29, 2013, 08:46:30 PM |
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their fees are disgrace.
Don't know about you guys but I pay .3% ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) HOLY SHIT YOUR PENIS IS HUGE! Thanks for sharing! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FTwnQr.jpg&t=665&c=7ivY5yvE5redZQ)
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samson
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April 29, 2013, 08:49:10 PM |
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their fees are disgrace.
Don't know about you guys but I pay .3% ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) That's still too much.
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Hawker (OP)
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April 29, 2013, 09:00:03 PM |
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Well the fee question is all academic in that I appear to have lost my 97 Bitcoin and picked up $13k or so which I didn't want. Coming weekend is a long bank holiday so maybe price will dip then and I'll be back in the game. For now I'm just thankful I only risked 97 Bitcoin.
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Odalv
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April 29, 2013, 09:12:49 PM |
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Well the fee question is all academic in that I appear to have lost my 97 Bitcoin and picked up $13k or so which I didn't want. Coming weekend is a long bank holiday so maybe price will dip then and I'll be back in the game. For now I'm just thankful I only risked 97 Bitcoin.
I have tried to show you that GOX will make 3x more than you with almost ZERO risk. If you want make btc ... try something different. :-) ... I have started trading(to prove my strategy) with 1 BTC (lose) then 2 btc (lose 40% in 2 days) :-) EDIT: but I have learned a lot.
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Odalv
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April 29, 2013, 09:39:18 PM |
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...snip...
LOL 0,6% for GOX when you sold and 0,6% when you will buy. ... are you sure you will make profit ?
I'll make 1 BTC. Its not much but the stake I am playing with isn't much either. BTW 2100( 2003) btc ? ... there is no more than 11,000,000/2,100 = 5 238 people in the world with this amount.
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fitty
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April 29, 2013, 10:06:50 PM |
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...snip...
LOL 0,6% for GOX when you sold and 0,6% when you will buy. ... are you sure you will make profit ?
I'll make 1 BTC. Its not much but the stake I am playing with isn't much either. BTW 2100( 2003) btc ? ... there is no more than 11,000,000/2,100 = 5 238 people in the world with this amount. He was talking about his 1 BTC profit and 97 BTC investment. Although 13k USD is probably still a fairly decent size to be playing the market with compared to most of the people on this sub-forum.
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Hawker (OP)
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April 29, 2013, 10:15:16 PM |
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...snip...
LOL 0,6% for GOX when you sold and 0,6% when you will buy. ... are you sure you will make profit ?
I'll make 1 BTC. Its not much but the stake I am playing with isn't much either. BTW 2100( 2003) btc ? ... there is no more than 11,000,000/2,100 = 5 238 people in the world with this amount. He was talking about his 1 BTC profit and 97 BTC investment. Although 13k USD is probably still a fairly decent size to be playing the market with compared to most of the people on this sub-forum. The question is do I sit on the $13k in the hope Bitcoin fluctuates back to the $136 range or accept my losses and buy in again. Right now, I'm thinking that I'll leave it a week or so and see how things work out. The 2100 Bitcoin will stay in cold storage until I can actually prove to myself that I can make a decent return on the first lot.
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fitty
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April 29, 2013, 10:24:28 PM |
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The question is do I sit on the $13k in the hope Bitcoin fluctuates back to the $136 range or accept my losses and buy in again. Right now, I'm thinking that I'll leave it a week or so and see how things work out. The 2100 Bitcoin will stay in cold storage until I can actually prove to myself that I can make a decent return on the first lot.
Depends if you think BTC is going to hit $150 first or $136 first. I'd probably cancel the buy order, wait for it to hit bottom. If it goes down to $125, that buy order at $136 will hurt. I leave sell orders up, I rarely leave buy orders up. Tuesday (curently today) in Japan should be a day they process a bunch of wire deposits, which could mean money floating around, which could mean a mini rally. I'd wait for a fairly decent drop before I bought in, because those always come. I'm not sure I 100% buy this long weekend boat load of money coming in theory which will bring us to 150-160 shortly.
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Hawker (OP)
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April 29, 2013, 10:31:44 PM |
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The question is do I sit on the $13k in the hope Bitcoin fluctuates back to the $136 range or accept my losses and buy in again. Right now, I'm thinking that I'll leave it a week or so and see how things work out. The 2100 Bitcoin will stay in cold storage until I can actually prove to myself that I can make a decent return on the first lot.
Depends if you think BTC is going to hit $150 first or $136 first. I'd probably cancel the buy order, wait for it to hit bottom. If it goes down to $125, that buy order at $136 will hurt. I leave sell orders up, I rarely leave buy orders up. Tuesday (curently today) in Japan should be a day they process a bunch of wire deposits, which could mean money floating around, which could mean a mini rally. I'd wait for a fairly decent drop before I bought in, because those always come. I'm not sure I 100% buy this long weekend boat load of money coming in theory which will bring us to 150-160 shortly. My first WoW bot was for the auction house only and it worked on the principle that you should set your target and then stick to it. My target is a 1 BTC gain and if I achieve that I'll try to do it again and make a 2 BTC gain ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I know that if the price does fall to $136 it will probably fall further but there is great value in a bot taking the winnings you targetted as opposed to trying to guess when the market will bounce. My theory is that by this time next week, the bank holidays will have caused mtgox to run low on cash and I'll have my target ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) If I am wrong, then a week is a reasonable time to have waited. The only reason I am in this mess is that I got impatient this morning and killed an order to sell at $145 and sold at $139 instead. Thanks for the thought though. I can see your logic and it does appeal.
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fitty
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April 29, 2013, 10:36:46 PM |
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The question is do I sit on the $13k in the hope Bitcoin fluctuates back to the $136 range or accept my losses and buy in again. Right now, I'm thinking that I'll leave it a week or so and see how things work out. The 2100 Bitcoin will stay in cold storage until I can actually prove to myself that I can make a decent return on the first lot.
Depends if you think BTC is going to hit $150 first or $136 first. I'd probably cancel the buy order, wait for it to hit bottom. If it goes down to $125, that buy order at $136 will hurt. I leave sell orders up, I rarely leave buy orders up. Tuesday (curently today) in Japan should be a day they process a bunch of wire deposits, which could mean money floating around, which could mean a mini rally. I'd wait for a fairly decent drop before I bought in, because those always come. I'm not sure I 100% buy this long weekend boat load of money coming in theory which will bring us to 150-160 shortly. My first WoW bot was for the auction house only and it worked on the principle that you should set your target and then stick to it. My target is a 1 BTC gain and if I achieve that I'll try to do it again and make a 2 BTC gain ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I know that if the price does fall to $136 it will probably fall further but there is great value in a bot taking the winnings you targetted as opposed to trying to guess when the market will bounce. My theory is that by this time next week, the bank holidays will have caused mtgox to run low on cash and I'll have my target ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) If I am wrong, then a week is a reasonable time to have waited. The only reason I am in this mess is that I got impatient this morning and killed an order to sell at $145 and sold at $139 instead. Thanks for the thought though. I can see your logic and it does appeal. I'd probably do it when you're offline. Otherwise I'd keep an eye on it. If it's dropping fast to 136, I'd want to see some sign of a bottom before I bought back in. Because if it goes to $125, then you're putting an ask order at $139. So you're taking some profit and might be putting yourself in a huge hole for the next trade. Don't catch the falling knife is a pretty good approach when the price is dropping quick. =)
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Odalv
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April 29, 2013, 10:55:03 PM |
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I canceled my orders @$60 morning and set new @$180 and @$130 when the price was @$260. Nice day with friends ... some beer ... got some calls "PRICE IS FALLING !!!" (do not bother "I have my buy orders at 180, 130") .. :-) ... Next morning price was @ $50
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seleme
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Duelbits.com
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April 29, 2013, 11:29:56 PM |
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Hawker (OP)
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April 30, 2013, 05:02:29 AM |
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BTCE is selling Bitcoin for a lot less than MtGox. In fact, for less than the buy order I have outstanding at MtGox. Were it not for the old "If it looks too goood to be true, it is too good to be true." saying, I'd cancel the MtGox order and get 100 or so Bitcoin on BTCE.
This forum is full of people who are natural arbitrageurs. How come this discrepancy exists?
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notme
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April 30, 2013, 05:13:16 AM |
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BTCE is selling Bitcoin for a lot less than MtGox. In fact, for less than the buy order I have outstanding at MtGox. Were it not for the old "If it looks too goood to be true, it is too good to be true." saying, I'd cancel the MtGox order and get 100 or so Bitcoin on BTCE.
This forum is full of people who are natural arbitrageurs. How come this discrepancy exists?
Fiat's a bitch to move.
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Hawker (OP)
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April 30, 2013, 05:25:33 AM Last edit: April 30, 2013, 06:37:50 AM by Hawker |
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BTCE is selling Bitcoin for a lot less than MtGox. In fact, for less than the buy order I have outstanding at MtGox. Were it not for the old "If it looks too goood to be true, it is too good to be true." saying, I'd cancel the MtGox order and get 100 or so Bitcoin on BTCE.
This forum is full of people who are natural arbitrageurs. How come this discrepancy exists?
Fiat's a bitch to move. If that's the only reason, I'll try to upload funds to BTCE this week and see how it goes. EDIT: You were not kidding notme. The only way for me to add funds is OKPAY. OKPAY's fee is 1% and BTC-E fee is 2% for a total of 3% on a deposit! MtGox also charges 2% for withdrawals. No wonder BTCE appears 5% or so cheaper all the time.
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farfiman
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April 30, 2013, 08:22:21 AM |
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...snip...
LOL 0,6% for GOX when you sold and 0,6% when you will buy. ... are you sure you will make profit ?
I'll make 1 BTC. Its not much but the stake I am playing with isn't much either. BTW 2100( 2003) btc ? ... there is no more than 11,000,000/2,100 = 5 238 people in the world with this amount. He is in the Vladamir's Club
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"We are just fools. We insanely believe that we can replace one politician with another and something will really change. The ONLY possible way to achieve change is to change the very system of how government functions. Until we are prepared to do that, suck it up for your future belongs to the madness and corruption of politicians." Martin Armstrong
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Hawker (OP)
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April 30, 2013, 05:26:31 PM |
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My buy order was fulfilled and after MtGox commission I have earned the princely sum of .42226034 Bitcoin profit and have $$3.94781 to boot.
Placed the 97 for sale again for $139.89. We seem to be bouncing around in the $130s so I'll try to get another half Bitcoin this evening.
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