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Author Topic: Bitcoinica  (Read 949 times)
nrd525
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September 13, 2011, 05:53:15 AM
 #1

Bitcoinica is a trading platform with options.  Looks like it just launched several days ago.  I didn't see a thread about it, so I started one.

Is anyone using it?  How well is it working?

Don't day trade.
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piramida
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September 13, 2011, 06:01:25 AM
 #2

https://bitcointalk.org/index.php?topic=43713.0

my opinion - you got to be really crazy or low-volume to use margins to play BTC market. it's volatile enough, margins trading is for low-volatility markets.

i am satoshi
Bigpiggy01
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September 13, 2011, 02:00:21 PM
 #3

Quote
my opinion - you got to be really crazy or low-volume to use margins to play BTC market. it's volatile enough, margins trading is for low-volatility markets.

+1

But then again if you have the capital to mess with the market at the same time this could get interesting  Grin

fcmatt
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September 13, 2011, 03:34:36 PM
 #4

I am using it but only with 10 USD to start.
Blew through 5 bucks testing things.. and then made a profitable trade using 5 dollars to make
30 cents.

Do I trust it enough to stick 500 dollars in it yet? No.
flower1024
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September 13, 2011, 04:18:22 PM
 #5

Bitcoinica is a trading platform with options.  Looks like it just launched several days ago.  I didn't see a thread about it, so I started one.

Is anyone using it?  How well is it working?

i like it very much and i do compare prices to mtgox.
i wouldnt throw much money at it now - but i am sure they will grow.

very polite; good pr; nice interface
THIS is what bitcoin needed all the time...i cant see webpages made by geeks anymore
speeder
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September 13, 2011, 05:11:47 PM
 #6

I deposited 2 BTC on it, and now I am toying with them...

Lost a bit of money already, and wasted some money trying options, but I think I am getting the hang of it.

Considering it is my first time doing non-limit trading, I am good Smiley (also my first time doing limit trading was on mtgox about 5 months ago).

But no, I will not throw all my BTC in there yet.

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