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Author Topic: How many of you have been Zhoutonged?  (Read 24867 times)
cypherdoc
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October 25, 2011, 04:59:06 PM
 #61

i think we're going higher based upon the number of investors logged in at mtgox (double normal), the volatile up spikes occurring more frequently, the reappearance of the bid wall, my sense that alot of USD were wired to mtgox at the end of last week, and whats occurring in the general economy via the USD fall resuming, the UST selloff, and the overall RISK ON sentiment.
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cypherdoc
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October 25, 2011, 05:23:18 PM
 #62

vol is way up///

get ready for an explosion upward...
BitMagic
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October 25, 2011, 07:29:59 PM
 #63

the other thing you're up against is being Zhoutonged.  with all this volatility at this relatively low price level, shorts will be taken out and shot at each spike in volatility.  its you or him.

Like I said, your hopes of seeing $30 are unrealistic. You certainly have more to gain in an upswing, but that's only if bitcoin actually survives.

Second, you really, really need to stop acting like you know what you're talking about. It's extremely easy for an inexperienced trader to calculate relative volatility over the last month, and figure out how far they should be leveraged to avoid a margin call. Margin calls are the mistake of the investor, not the evil of the broker.

Please give me your money, because I am a shameless libertarian elite who deserves your money more than you do: 9Hkao8U82WWDp6SQGn4k7ad9gT1LWeL5s3
cypherdoc
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October 25, 2011, 07:54:57 PM
 #64

the other thing you're up against is being Zhoutonged.  with all this volatility at this relatively low price level, shorts will be taken out and shot at each spike in volatility.  its you or him.

Like I said, your hopes of seeing $30 are unrealistic. You certainly have more to gain in an upswing, but that's only if bitcoin actually survives.

Second, you really, really need to stop acting like you know what you're talking about. It's extremely easy for an inexperienced trader to calculate relative volatility over the last month, and figure out how far they should be leveraged to avoid a margin call. Margin calls are the mistake of the investor, not the evil of the broker.

i don't suppose you're feeling the Squeeze are you?
cypherdoc
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October 25, 2011, 09:54:57 PM
 #65

mtgoxlives's connected = 918

somethings brewing...
BitMagic
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October 25, 2011, 11:45:05 PM
 #66

i don't suppose you're feeling the Squeeze are you?

No, I'm not. I'm happily up, without a single margin call. And I don't suppose you just ignore all legitimate demolitions of your non-factual claims, do you? (If you don't, please tell me how margin calls are the fault of big, bad Bitcoinica again?)

Please give me your money, because I am a shameless libertarian elite who deserves your money more than you do: 9Hkao8U82WWDp6SQGn4k7ad9gT1LWeL5s3
proudhon
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October 26, 2011, 12:13:01 AM
 #67

mtgoxlives's connected = 918

somethings brewing...

I set all the university computers' homepages to mtgoxlive.  I think you're right that something's brewing, but it's more likely a bunch of people are tuning in for the entertainment of the exchange value falling back to where it started.
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October 26, 2011, 12:16:08 AM
 #68

mtgoxlives's connected = 918

somethings brewing...

I set all the university computers' homepages to mtgoxlive.  I think you're right that something's brewing, but it's more likely a bunch of people are tuning in for the entertainment of the exchange value falling back to where it started.

Do you really think it'll go to 6 cents again?!  Roll Eyes

(BFL)^2 < 0
cypherdoc
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October 26, 2011, 01:57:53 PM
 #69

Zhou:  how's this volatility affecting your clients?
zhoutong
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October 26, 2011, 02:01:48 PM
 #70

Zhou:  how's this volatility affecting your clients?

Those who trade on margin have already been wiped out long ago.

I don't see any significant problems even if the price increase to $4 or decrease to $1.5.

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

Donations for my future Bitcoin projects: 19Uk3tiD5XkBcmHyQYhJxp9QHoub7RosVb
cypherdoc
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October 26, 2011, 02:06:08 PM
 #71

Zhou:  how's this volatility affecting your clients?

Those who trade on margin have already been wiped out long ago.

I don't see any significant problems even if the price increase to $4 or decrease to $1.5.

how about BitMagic who's been bragging about his margined acct?
zhoutong
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October 26, 2011, 03:10:11 PM
 #72

Zhou:  how's this volatility affecting your clients?

Those who trade on margin have already been wiped out long ago.

I don't see any significant problems even if the price increase to $4 or decrease to $1.5.

how about BitMagic who's been bragging about his margined acct?

Sorry, I can't disclose specific account information. You can ask him directly.

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

Donations for my future Bitcoin projects: 19Uk3tiD5XkBcmHyQYhJxp9QHoub7RosVb
BitMagic
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October 26, 2011, 03:21:51 PM
 #73

how about BitMagic who's been bragging about his margined acct?

I am doing just fine, thanks! Never had a margin call, because I know what I am doing with my leverage.

Do you enjoy looking like an idiot, cypherdoc? I'm trying to figure out if it's just masochism or what.

Please give me your money, because I am a shameless libertarian elite who deserves your money more than you do: 9Hkao8U82WWDp6SQGn4k7ad9gT1LWeL5s3
cypherdoc
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October 26, 2011, 04:02:04 PM
 #74

how about BitMagic who's been bragging about his margined acct?

I am doing just fine, thanks! Never had a margin call, because I know what I am doing with my leverage.

Do you enjoy looking like an idiot, cypherdoc? I'm trying to figure out if it's just masochism or what.

i usually stay away from the Spec forum to avoid idiots like you but its kinda fun to mess up all the planned Bear raids.
BitMagic
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October 26, 2011, 04:33:43 PM
 #75

i usually stay away from the Spec forum to avoid idiots like you but its kinda fun to mess up all the planned Bear raids.

Keep it coming, friend. You may yet reach Atlas status.

Please give me your money, because I am a shameless libertarian elite who deserves your money more than you do: 9Hkao8U82WWDp6SQGn4k7ad9gT1LWeL5s3
cypherdoc
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October 26, 2011, 04:40:00 PM
 #76

i usually stay away from the Spec forum to avoid idiots like you but its kinda fun to mess up all the planned Bear raids.

Keep it coming, friend. You may yet reach Atlas status.

said like a true short seller.
BitMagic
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October 26, 2011, 04:45:24 PM
 #77

i usually stay away from the Spec forum to avoid idiots like you but its kinda fun to mess up all the planned Bear raids.

Keep it coming, friend. You may yet reach Atlas status.

said like a true short seller.

Uh, I'm holding a long position. Don't you look like an idiot.

Please give me your money, because I am a shameless libertarian elite who deserves your money more than you do: 9Hkao8U82WWDp6SQGn4k7ad9gT1LWeL5s3
cypherdoc
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October 26, 2011, 04:48:19 PM
 #78

i usually stay away from the Spec forum to avoid idiots like you but its kinda fun to mess up all the planned Bear raids.

Keep it coming, friend. You may yet reach Atlas status.

said like a true short seller.

Uh, I'm holding a long position. Don't you look like an idiot.

obviously, but 10:1 you're net short otherwise you  wouldn't be getting so angry at a Bull like me who keeps messing up your grand plans.
ElectricMucus
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October 26, 2011, 04:52:33 PM
 #79

cypherdoc aren't a bull. Bulls don't squeak.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
BitMagic
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October 26, 2011, 05:59:25 PM
 #80

obviously, but 10:1 you're net short otherwise you  wouldn't be getting so angry at a Bull like me who keeps messing up your grand plans.

What "grand plans" do I have that you don't, exactly? I'm not angry at anyone. Your predictions are fine, I'm only showing the hypocrisy of your position: If you care about the price rising, you care about making money on your investment. If you care about making money, you shouldn't care about making it on the way up, or on the way down. You have always been the "childish" speculator you so deride.

Please give me your money, because I am a shameless libertarian elite who deserves your money more than you do: 9Hkao8U82WWDp6SQGn4k7ad9gT1LWeL5s3
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