cypherdoc (OP)
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Activity: 1764
Merit: 1002
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January 19, 2012, 03:02:45 AM |
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ZHOUTONGED!!  Damnit I had orders in @ $5.75. I think the whole idea of the site is kinda pointless if you can't leverage. May as well trade on Gox. but u dint go long ? That's what I thought too! theres only so much leverage to go around and most of the players who had it the last couple of days just coughed it over to the stronger hands with deeper margin accts who won't be giving it back. |
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N12
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January 25, 2012, 07:56:52 PM |
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ZHOUTONGED!! Damnit I had orders in @ $5.75. I think the whole idea of the site is kinda pointless if you can't leverage. May as well trade on Gox. but u dint go long ? That's what I thought too! theres only so much leverage to go around and most of the players who had it the last couple of days just coughed it over to the stronger hands with deeper margin accts who won't be giving it back. Doesn’t look like it, man. |
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barrymac
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Activity: 76
Merit: 10
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January 25, 2012, 08:26:43 PM |
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tl;dr: lost 1400 btc + $2k, pissed at manipulator roughly manipulating fragile market rather than caressing it tenderly
The sad thing isn't that you lost the coins because of the margin; but because you lost them from an artificial limit (the mtgox daily withdraw limit). You sure about that? If that's the case I'm definitely pulling totally out until they get off mtgox. Damn php hack that it is! |
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gewure
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Activity: 364
Merit: 250
[#][#][#]
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January 25, 2012, 08:45:06 PM |
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today must have been a real zhoutonging day, or am i wrong?
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old_engineer
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January 25, 2012, 11:10:29 PM |
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tl;dr: lost 1400 btc + $2k, pissed at manipulator roughly manipulating fragile market rather than caressing it tenderly
The sad thing isn't that you lost the coins because of the margin; but because you lost them from an artificial limit (the mtgox daily withdraw limit). You sure about that? If that's the case I'm definitely pulling totally out until they get off mtgox. Damn php hack that it is! I can confirm that. I had more than enough margin at MtGox, but couldn't xfer it due to daily limits. Of course, I could have gotten myself AML confirmed, which would have quintupled the daily limits, but I had thought I had a few days, and didn't count on the price dropping >$1/day. Bitcoinica really should run its own exchange, which would also have the effect of keeping the spread to a minimum. |
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N12
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January 26, 2012, 11:40:31 PM |
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theres only so much leverage to go around and most of the players who had it the last couple of days just coughed it over to the stronger hands with deeper margin accts who won't be giving it back.
Doesn’t look like it, man. I wish you would have been, though.  |
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cypherdoc (OP)
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Activity: 1764
Merit: 1002
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January 26, 2012, 11:53:14 PM |
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theres only so much leverage to go around and most of the players who had it the last couple of days just coughed it over to the stronger hands with deeper margin accts who won't be giving it back.
Doesn’t look like it, man. I wish you would have been, though. be patient. |
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proudhon
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Activity: 2198
Merit: 1311
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January 27, 2012, 12:27:11 AM |
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 Oh FFS! |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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N12
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Activity: 1610
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January 27, 2012, 12:28:26 AM |
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I have feelings between angry and amused everytime I see the asterix.
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N12
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Activity: 1610
Merit: 1010
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January 27, 2012, 12:30:11 AM |
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proudhon
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Activity: 2198
Merit: 1311
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January 27, 2012, 12:42:34 AM |
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Bitcoinica, moar leverage please! I want to short at 9000:1. K, thnx.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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N12
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January 27, 2012, 12:44:58 AM |
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Bitcoinica, moar leverage please! I want to short at 9000:1. K, thnx.
I want to short sell all Bitcoins in existence! |
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proudhon
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Activity: 2198
Merit: 1311
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January 27, 2012, 12:49:46 AM |
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Bitcoinica, moar leverage please! I want to short at 9000:1. K, thnx.
I want to short sell all Bitcoins in existence!  |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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gewure
Sr. Member
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Activity: 364
Merit: 250
[#][#][#]
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January 27, 2012, 03:34:19 AM |
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Bitcoinica, moar leverage please! I want to short at 9000:1. K, thnx.
I want to short sell all Bitcoins in existence! DONT do it! Gewures disclosed position[update] BTCUSD 111.0 $5.8024 -$81.24 -12.614%  |
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Sargasm
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Activity: 112
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January 27, 2012, 04:29:00 AM |
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Most early adopters are geeks though. They won't have the know-how nor the guts to play the market with these huge sums of money and BTC to manipulate the market in a way which earns them money. I just can't see that happening to be honest.
You do know what all the MIT math Phd's are going right? It ain't fixing computers. HFT. The geeks. They take your money. They are good at it. If it's math, they're winning. |
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old_engineer
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January 27, 2012, 05:05:49 AM |
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I have feelings between angry and amused everytime I see the asterix.
The constant bitcoinica starfish amuses me now instead of annoys me. Instead of 8.2 million bitcoins, it's like there are 8.3 million, where 100k are always loaned out (Zhou said at one point he had 5 digits worth of btc). So long as the site is starfished fairly constantly, it's a non-factor, or rather, the extra ~100k btc has already been factored into the current price. |
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notme
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Activity: 1904
Merit: 1002
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January 27, 2012, 06:22:24 AM |
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I have feelings between angry and amused everytime I see the asterix.
The constant bitcoinica starfish amuses me now instead of annoys me. Instead of 8.2 million bitcoins, it's like there are 8.3 million, where 100k are always loaned out (Zhou said at one point he had 5 digits worth of btc). So long as the site is starfished fairly constantly, it's a non-factor, or rather, the extra ~100k btc has already been factored into the current price. It's not starfished. |
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molecular
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Merit: 1019
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January 27, 2012, 09:38:14 AM |
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I have feelings between angry and amused everytime I see the asterix.
 sorry for repost from: https://bitcointalk.org/index.php?topic=61098.0 |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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cypherdoc (OP)
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Activity: 1764
Merit: 1002
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March 13, 2012, 03:04:45 PM |
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ok, this video is hilarious and although i didn't make it i'm going to have to stand up and take a bow now for coining the term "Zhoutonged"! never thought it'd get this popular. can i copyright it?  http://www.youtube.com/watch?v=kdvTkddp1F0 |
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N12
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Activity: 1610
Merit: 1010
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March 13, 2012, 04:48:19 PM |
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ok, this video is hilarious and although i didn't make it i'm going to have to stand up and take a bow now for coining the term "Zhoutonged"! never thought it'd get this popular. can i copyright it? http://www.youtube.com/watch?v=kdvTkddp1F0Lots of 'tonged people today.  |
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