Bitcoin Forum
December 08, 2016, 12:24:46 AM *
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 »  All
  Print  
Author Topic: Major correction to rally coming...  (Read 10164 times)
panerai
Member
**
Offline Offline

Activity: 84



View Profile
December 28, 2011, 10:01:29 PM
 #101

It may still touch $5 before end of year. I'm shorting now, waiting for a big dump in the $4-4.15 range.

"I'm shorting now?"
you need to keep up, that was so 10 minutes ago lol
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481156686
Hero Member
*
Offline Offline

Posts: 1481156686

View Profile Personal Message (Offline)

Ignore
1481156686
Reply with quote  #2

1481156686
Report to moderator
1481156686
Hero Member
*
Offline Offline

Posts: 1481156686

View Profile Personal Message (Offline)

Ignore
1481156686
Reply with quote  #2

1481156686
Report to moderator
ineededausername
Hero Member
*****
Offline Offline

Activity: 784


bitcoin hundred-aire


View Profile
December 28, 2011, 10:02:21 PM
 #102

It may still touch $5 before end of year. I'm shorting now, waiting for a big dump in the $4-4.15 range.

"I'm shorting now?"
you need to keep up, that was so 10 minutes ago lol

look guys, a daytrader on bitcoinica!  :O

(BFL)^2 < 0
Mousepotato
Hero Member
*****
Offline Offline

Activity: 896


Seal Cub Clubbing Club


View Profile
December 28, 2011, 10:02:39 PM
 #103

Come on, baby!  Keep on correcting!!

Mousepotato
Mushoz
Hero Member
*****
Offline Offline

Activity: 686


Bitbuy


View Profile WWW
December 28, 2011, 10:09:46 PM
 #104

Is it just me, or can't I buy more Bitcoins on Bitcoinica to go long with? It says "No Reserve" when I place an order. Are so many people long that it actually drained their Mtgox account completely from all their USD? :p Roll Eyes Pretty Bullish sign isn't it?

www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
smickles
Sr. Member
****
Offline Offline

Activity: 446



View Profile WWW
December 28, 2011, 10:11:37 PM
 #105

My oscillator is showing some scary divergence on the 480 minute chart, and has almost established a peak on the daily chart Sad
I wonder if that means the rally is almost over.

notme
Legendary
*
Offline Offline

Activity: 1526


View Profile
December 28, 2011, 10:16:35 PM
 #106

Is it just me, or can't I buy more Bitcoins on Bitcoinica to go long with? It says "No Reserve" when I place an order. Are so many people long that it actually drained their Mtgox account completely from all their USD? :p Roll Eyes Pretty Bullish sign isn't it?

If that's the case, it indicates bullishness among bitcoinica users, but it is a tempting opportunity for anyone with the funds to try and squeeze those longs.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
Mushoz
Hero Member
*****
Offline Offline

Activity: 686


Bitbuy


View Profile WWW
December 28, 2011, 10:50:07 PM
 #107

Is it just me, or can't I buy more Bitcoins on Bitcoinica to go long with? It says "No Reserve" when I place an order. Are so many people long that it actually drained their Mtgox account completely from all their USD? :p Roll Eyes Pretty Bullish sign isn't it?

If that's the case, it indicates bullishness among bitcoinica users, but it is a tempting opportunity for anyone with the funds to try and squeeze those longs.

What the hell. A friend of mine can't even liquidate his short because of the "no reserve" error. Sucks being stuck with a short if you think the market is going to go up...

www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
December 28, 2011, 10:51:42 PM
 #108

Is it just me, or can't I buy more Bitcoins on Bitcoinica to go long with? It says "No Reserve" when I place an order. Are so many people long that it actually drained their Mtgox account completely from all their USD? :p Roll Eyes Pretty Bullish sign isn't it?

If that's the case, it indicates bullishness among bitcoinica users, but it is a tempting opportunity for anyone with the funds to try and squeeze those longs.

What the hell. A friend of mine can't even liquidate his short because of the "no reserve" error. Sucks being stuck with a short if you think the market is going to go up...

Are you kidding me?
smickles
Sr. Member
****
Offline Offline

Activity: 446



View Profile WWW
December 28, 2011, 10:52:57 PM
 #109

Is it just me, or can't I buy more Bitcoins on Bitcoinica to go long with? It says "No Reserve" when I place an order. Are so many people long that it actually drained their Mtgox account completely from all their USD? :p Roll Eyes Pretty Bullish sign isn't it?

If that's the case, it indicates bullishness among bitcoinica users, but it is a tempting opportunity for anyone with the funds to try and squeeze those longs.

What the hell. A friend of mine can't even liquidate his short because of the "no reserve" error. Sucks being stuck with a short if you think the market is going to go up...
This would be upsetting if it weren't hearsay

Mushoz
Hero Member
*****
Offline Offline

Activity: 686


Bitbuy


View Profile WWW
December 28, 2011, 10:53:45 PM
 #110

Is it just me, or can't I buy more Bitcoins on Bitcoinica to go long with? It says "No Reserve" when I place an order. Are so many people long that it actually drained their Mtgox account completely from all their USD? :p Roll Eyes Pretty Bullish sign isn't it?

If that's the case, it indicates bullishness among bitcoinica users, but it is a tempting opportunity for anyone with the funds to try and squeeze those longs.

What the hell. A friend of mine can't even liquidate his short because of the "no reserve" error. Sucks being stuck with a short if you think the market is going to go up...

Are you kidding me?

Nope. And there seem to be more people with the same problem: http://help.bitcoinica.com/discussions/questions/48-no-reserve

Looks like their entire balance is currently in BTC, preventing everyone from going long or from liquidating their shorts...

www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
ineededausername
Hero Member
*****
Offline Offline

Activity: 784


bitcoin hundred-aire


View Profile
December 28, 2011, 10:55:34 PM
 #111

Is it just me, or can't I buy more Bitcoins on Bitcoinica to go long with? It says "No Reserve" when I place an order. Are so many people long that it actually drained their Mtgox account completely from all their USD? :p Roll Eyes Pretty Bullish sign isn't it?

If that's the case, it indicates bullishness among bitcoinica users, but it is a tempting opportunity for anyone with the funds to try and squeeze those longs.

What the hell. A friend of mine can't even liquidate his short because of the "no reserve" error. Sucks being stuck with a short if you think the market is going to go up...

Are you kidding me?

Nope. And there seem to be more people with the same problem: http://help.bitcoinica.com/discussions/questions/48-no-reserve

Looks like their entire balance is currently in BTC, preventing everyone from going long or from liquidating their shorts...


hahahahahaha!  bullish sign.  When zhoutong gets more float, we are going to see a massive spike.

(BFL)^2 < 0
Mushoz
Hero Member
*****
Offline Offline

Activity: 686


Bitbuy


View Profile WWW
December 28, 2011, 10:59:03 PM
 #112



Here's two orders. One I tried to go long for 1BTC, which didn't work. Then I went short for 0.1BTC as a test, which did work. When I tried to liquidate the position, another order of 0.1BTC showed up, which again isn't able to go through.

www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
rebuilder
Legendary
*
Offline Offline

Activity: 1618



View Profile
December 28, 2011, 11:00:26 PM
 #113


Nope. And there seem to be more people with the same problem: http://help.bitcoinica.com/discussions/questions/48-no-reserve

Looks like their entire balance is currently in BTC, preventing everyone from going long or from liquidating their shorts...

Huh, and I was just wondering why the volume on Mt. Gox is so low despite the interesting situation. Just how much of the trading on Gox does Bitcoinica drive these days?

Selling out to advertisers shows you respect neither yourself nor the rest of us.
---------------------------------------------------------------
Too many low-quality posts? Mods not keeping things clean enough? Self-moderated threads let you keep signature spammers and trolls out!
Mushoz
Hero Member
*****
Offline Offline

Activity: 686


Bitbuy


View Profile WWW
December 28, 2011, 11:01:31 PM
 #114


Nope. And there seem to be more people with the same problem: http://help.bitcoinica.com/discussions/questions/48-no-reserve

Looks like their entire balance is currently in BTC, preventing everyone from going long or from liquidating their shorts...

Huh, and I was just wondering why the volume on Mt. Gox is so low despite the interesting situation. Just how much of the trading on Gox does Bitcoinica drive these days?

They are responsible for roughly 1/4 to 1/3 of Mtgox's volume.

www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
smickles
Sr. Member
****
Offline Offline

Activity: 446



View Profile WWW
December 28, 2011, 11:19:38 PM
 #115

<snip>

Here's two orders. One I tried to go long for 1BTC, which didn't work. Then I went short for 0.1BTC as a test, which did work. When I tried to liquidate the position, another order of 0.1BTC showed up, which again isn't able to go through.
Huh Shocked

ineededausername
Hero Member
*****
Offline Offline

Activity: 784


bitcoin hundred-aire


View Profile
December 28, 2011, 11:20:20 PM
 #116

zhoutong better fix this ASAP.

(BFL)^2 < 0
rebuilder
Legendary
*
Offline Offline

Activity: 1618



View Profile
December 28, 2011, 11:24:58 PM
 #117

zhoutong better fix this ASAP.

How? If Bitcoinica's out of USD, they either need to get a loan somewhere or some longs need to be liquidated. Before long, the latter will happen, but it's an interesting question how the folks left hanging onto their shorts will be dealt with if the rates go up before things balance out.

Or am I completely missing something here?

Selling out to advertisers shows you respect neither yourself nor the rest of us.
---------------------------------------------------------------
Too many low-quality posts? Mods not keeping things clean enough? Self-moderated threads let you keep signature spammers and trolls out!
mjcmurfy
Sr. Member
****
Offline Offline

Activity: 336



View Profile WWW
December 29, 2011, 12:09:19 AM
 #118

The only way to fix this is involves selling a large amount of btc in order to restore bitcoinica's USD reserve.
I think that bid wall is going to get eaten up pretty soon.

http://www.bitcointorrentz.com/images/bct_button_117_30.png - BitCoinTorrentz.com: High-speed HTTP torrent downloads. 0.05 btc/gb. Up to 50% discount with free membership!
ineededausername
Hero Member
*****
Offline Offline

Activity: 784


bitcoin hundred-aire


View Profile
December 29, 2011, 12:09:57 AM
 #119

Repost:
https://bitcointalk.org/index.php?topic=55931.0
Official Bitcoinica statement: they aren't actually out of funds, and the problem will be fixed in a couple of hours.  

(BFL)^2 < 0
mjcmurfy
Sr. Member
****
Offline Offline

Activity: 336



View Profile WWW
December 29, 2011, 12:12:08 AM
 #120

Repost:
https://bitcointalk.org/index.php?topic=55931.0
Official Bitcoinica statement: they aren't actually out of funds, and the problem will be fixed in a couple of hours.  

Why is the official bitcoinica line coming via you and not bitcoinica themselves? Did you contact them about this or did you hear about it elsewhere? So is this for sure a software problem? I wonder if they are going to 'fix' it by selling a ton of btc.

http://www.bitcointorrentz.com/images/bct_button_117_30.png - BitCoinTorrentz.com: High-speed HTTP torrent downloads. 0.05 btc/gb. Up to 50% discount with free membership!
Pages: « 1 2 3 4 5 [6] 7 8 9 10 »  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!