Bitcoin Forum
December 05, 2016, 12:45:22 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 [11] 12 13 14 15 16 »  All
  Print  
Author Topic: How many of you have been Zhoutonged?  (Read 24873 times)
jimbobway
Legendary
*
Offline Offline

Activity: 1380



View Profile
December 27, 2011, 04:00:26 AM
 #201

Zhou'tong' song?  Grin

http://www.youtube.com/watch?v=Oai1V7kaFBk&feature=youtu.be&t=1m31s

░░░░░░░░░██████░░░░░░░░░░░░▄▄▄
░░███░░██████░░░░░▄▄▄▄▄░░██
░░███░░█████████████
░░░░░░░░██████▀▀██████████
░░░░░░░░██████░░░░░██████████
░░░░░░▄▄▄▄▄▄░░░▄▄▄░░░░███████
░░░░░██████░░░███░░░░███████
░░░░░██████░░░███
░░░░░███████▄▄▄▄▄████████
░░░░░████████████████████
░░▄▄▄▄▄░░█████░░░░█████████
█████░░█████░░░░█████████
█████░░░░░░░░░░░░█████████
█████░░░░░░░░░░░░░█████████

START GETTING PAID FOR YOUR ATTENTION!
███████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
JUSTICE IN THE WORLD OF ONLINE ADVERTISING!

BUY MASS COIN 】【 ICO PROSPECTUS
VISIT OUR WEBSITE
TWITTER 】【 FACEBOOK 】【 TELEGRAM

1480941922
Hero Member
*
Offline Offline

Posts: 1480941922

View Profile Personal Message (Offline)

Ignore
1480941922
Reply with quote  #2

1480941922
Report to moderator
1480941922
Hero Member
*
Offline Offline

Posts: 1480941922

View Profile Personal Message (Offline)

Ignore
1480941922
Reply with quote  #2

1480941922
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480941922
Hero Member
*
Offline Offline

Posts: 1480941922

View Profile Personal Message (Offline)

Ignore
1480941922
Reply with quote  #2

1480941922
Report to moderator
1480941922
Hero Member
*
Offline Offline

Posts: 1480941922

View Profile Personal Message (Offline)

Ignore
1480941922
Reply with quote  #2

1480941922
Report to moderator
1480941922
Hero Member
*
Offline Offline

Posts: 1480941922

View Profile Personal Message (Offline)

Ignore
1480941922
Reply with quote  #2

1480941922
Report to moderator
old_engineer
Sr. Member
****
Offline Offline

Activity: 387


View Profile
December 27, 2011, 05:59:14 AM
 #202

I'd recommend that you add in the actual Mt. Gox price to your graph

If only for casual browsing, the Mt. Gox price rarely goes outside of the bitcoinica spread. Bitcoinica spread just expands like bollinger bands.
The Mt. Gox price is for reference, for comparison purposes.  Seeing the bands without the actual price doesn't fully inform the reader of the underlying market conditions.


I find it's far easier to make money on the price spikes or dips

Surely you are referring to Mt. Gox and not Bitcoinica?

Yes, I am referring to trading actual coins on Mt. Gox, a reference I clearly buried later in that paragraph. Smiley
old_engineer
Sr. Member
****
Offline Offline

Activity: 387


View Profile
December 27, 2011, 06:09:45 AM
 #203


The MtGox prices are shifted (i think i have a tiemzone issue).
http://beast.intersango.com/bitcoinica.svg

Though saved as SVG, Ttis is still a bitmap image. A true SVG image is vector (Scalable Vector Graphics), and zooming into the image allows the viewer to see details. Here's what an SVG graph should look like, where you can zoom in and still see details:
https://upload.wikimedia.org/wikipedia/commons/9/96/Graph_of_example_function.svg

Zooming into your image shows zoomed-in mush:


SVG is essentially like a graphics vector language: "draw line from 0,0 to 100,100", which works very well independent of screen resolution, rather than a bitmap that records the values of individual pixels, and will show pixelation when zoomed.
caston
Hero Member
*****
Offline Offline

Activity: 720



View Profile WWW
December 27, 2011, 06:28:16 AM
 #204

I actually went back to CFD trading bank stocks and have been making a little money and keeping much better hours and not a forced liquidated yet!

 The thing I noticed about my CFD provider is that the amount of margin you are given is determined on where your stop loss is. Why not make something similar on bitcoinica? For example if you have no stop loss you can only trade 1:1 the closer your stop loss is the more margin you can use. That way there really shouldn't be any forced liquidations.

18jL18iH96BBhwUCQn27FQp7ocodSxvJAB
phantomcircuit
Sr. Member
****
Offline Offline

Activity: 463


View Profile
December 27, 2011, 06:31:38 AM
 #205

Though saved as SVG, Ttis is still a bitmap image. A true SVG image is vector (Scalable Vector Graphics), and zooming into the image allows the viewer to see details. Here's what an SVG graph should look like, where you can zoom in and still see details:
https://upload.wikimedia.org/wikipedia/commons/9/96/Graph_of_example_function.svg

Zooming into your image shows zoomed-in mush:


SVG is essentially like a graphics vector language: "draw line from 0,0 to 100,100", which works very well independent of screen resolution, rather than a bitmap that records the values of individual pixels, and will show pixelation when zoomed.

Yes I know what a vector is.

This information is inherently a series of points, whether it is plotted on a bitmap or as an svg, it is absolutely not an infinitely smooth line.

If you would like to find out why I didn't simply do this as a series of points simply try and load http://beast.intersango.com/dots.svg
netrin
Sr. Member
****
Offline Offline

Activity: 322


FirstBits: 168Bc


View Profile
December 27, 2011, 06:40:38 AM
 #206

For example if you have no stop loss you can only trade 1:1 the closer your stop loss is the more margin you can use. That way there really shouldn't be any forced liquidations.

I've wondered why/how anyone gets liquidated at all. People set a highly leveraged unprotected position and go on vacation (called sleep in the bitcoin world)?

Greenlandic tupilak. Hand carved, traditional cursed bone figures. Sorry, polar bear, walrus and human remains not available for export.
caston
Hero Member
*****
Offline Offline

Activity: 720



View Profile WWW
December 27, 2011, 06:45:54 AM
 #207

For example if you have no stop loss you can only trade 1:1 the closer your stop loss is the more margin you can use. That way there really shouldn't be any forced liquidations.

I've wondered why/how anyone gets liquidated at all. People set a highly leveraged unprotected position and go on vacation (called sleep in the bitcoin world)?

I like your idea about having multiple accounts. You keep a certain amount of reserve USD or BTC on Mtgox and if one of your accounts looks like its about to be liquidated you deposit some capital to take it back. The rational being that if the market moves against you it will eventually come back and you can exit without loss. Of course if the market REALLY moves like over a $1 change then you might lose your backup capital as well. You can also try to short the spike then there's another spike and your forever throwing in more capital to try to stop the forced liquidation. If you can get your money in fast enough is might be 3-4 days until you can exit your position without a loss.

Then your feeling sorry for yourself thinking about how rich you would be if you went long.

This all comes back to knowing what the trend is. At the moment we're still not quite sure if BTC is going back to above 5 or its crashing back to parity.

If you're going against the trend take out small profits. If your going with it wait for the large ones. Of course I got nuts just trying to work out what the trend actually is.

Same goes for if your making a small loss and your not sure if you should exit your position or not. The simple rule of thumb is are you bettering for or against the trend?

18jL18iH96BBhwUCQn27FQp7ocodSxvJAB
netrin
Sr. Member
****
Offline Offline

Activity: 322


FirstBits: 168Bc


View Profile
December 27, 2011, 06:52:29 AM
 #208

I don't recall my rationale for this ingenious idea.

I think it was just to keep track of my various positions experiments, or in protest for my trailing stops not working, or ... I'm now setting my position on Mt. Gox and then moving coins and codes over to Bitcoinica for more leverage and stops. So far that's not working brilliantly either. Fortunately, I happen to always know the trend and future direction*, I just can't always get the maximas.

* except when I don't.

Greenlandic tupilak. Hand carved, traditional cursed bone figures. Sorry, polar bear, walrus and human remains not available for export.
caston
Hero Member
*****
Offline Offline

Activity: 720



View Profile WWW
December 27, 2011, 06:55:28 AM
 #209

I don't recall my rationale for this ingenious idea.

I think it was just to keep track of my various positions experiments, or in protest for my trailing stops not working, or ...

I'm now setting my position on Mt. Gox and then moving coins and codes over to Bitcoinica for more leverage and stops. So far that's not working brilliantly either.

You can also look for outside news. For example there was a segment about bitcoin on Fox that came out on a Sunday and a few days later the mysterious MtGox countdown was due to finish. That WAS a very good time to long.

18jL18iH96BBhwUCQn27FQp7ocodSxvJAB
zhoutong
VIP
Hero Member
*
Offline Offline

Activity: 490


View Profile WWW
December 27, 2011, 09:01:15 AM
 #210

Done. Now Bitcoinica officially provides daily quotes charts.

Also, the new pricing algorithm is already running in production after testing against all historical data.

Available at: http://charts.bitcoinica.com/

Off-topic: The most exciting day since Bitcoinica's launch.


Founder of NameTerrific (https://www.nameterrific.com/). Co-founder of CoinJar (https://coinjar.io/)

Donations for my future Bitcoin projects: 19Uk3tiD5XkBcmHyQYhJxp9QHoub7RosVb
finway
Hero Member
*****
Offline Offline

Activity: 714


View Profile
December 27, 2011, 09:26:44 AM
 #211

Want to try Bitcoinica someday.

caston
Hero Member
*****
Offline Offline

Activity: 720



View Profile WWW
December 27, 2011, 10:14:16 AM
 #212

Want to try Bitcoinica someday.

Nice to see the mother of all short positions Smiley

http://charts.bitcoinica.com/daily_quotes?date=2011-09-06


18jL18iH96BBhwUCQn27FQp7ocodSxvJAB
finway
Hero Member
*****
Offline Offline

Activity: 714


View Profile
December 27, 2011, 12:40:45 PM
 #213

Want to try Bitcoinica someday.
Nice to see the mother of all short positions Smiley

http://charts.bitcoinica.com/daily_quotes?date=2011-09-06
Sorry, i don't follow you.

caston
Hero Member
*****
Offline Offline

Activity: 720



View Profile WWW
December 27, 2011, 04:12:11 PM
 #214


When bitcoinica first came out you could short bitcoins at about $7... if you did so then forgot about it and went away and did other things and then came back you would have found a very nice Unrealized P/L in your account.

18jL18iH96BBhwUCQn27FQp7ocodSxvJAB
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
December 27, 2011, 05:02:21 PM
 #215

Done. Now Bitcoinica officially provides daily quotes charts.

Also, the new pricing algorithm is already running in production after testing against all historical data.

Available at: http://charts.bitcoinica.com/

Off-topic: The most exciting day since Bitcoinica's launch.



thanks for trying to make it better.  not sure it will make a diff in the end and i still won't use your service. Smiley
molecular
Donator
Legendary
*
Offline Offline

Activity: 2128



View Profile
December 27, 2011, 10:25:25 PM
 #216

People set a highly leveraged unprotected position and go on vacation (called sleep in the bitcoin world)?

haha, you made me laugh. it's so true, too.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
gewure
Sr. Member
****
Offline Offline

Activity: 364


[#][#][#]


View Profile
December 28, 2011, 08:54:08 AM
 #217

i have been zhoutonged recently. but i kind of zhoutonged back..

 Angry Shocked Cool Wink
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
December 28, 2011, 11:00:27 PM
 #218

https://bitcointalk.org/index.php?topic=55563.msg665312#msg665312

Wow if this true Bitcoinica really is doomed.
smickles
Sr. Member
****
Offline Offline

Activity: 446



View Profile WWW
December 28, 2011, 11:21:52 PM
 #219

https://bitcointalk.org/index.php?topic=55563.msg665312#msg665312

Wow if this true Bitcoinica really is doomed.
yeah, not lookin' too good right now.

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
January 01, 2012, 10:26:05 PM
 #220

How many?
Pages: « 1 2 3 4 5 6 7 8 9 10 [11] 12 13 14 15 16 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!