panerai
Member
 Offline
Activity: 84
Merit: 10
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December 28, 2011, 10:01:29 PM |
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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 |
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ineededausername (OP)
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December 28, 2011, 10:02:21 PM |
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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
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Mousepotato
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December 28, 2011, 10:02:39 PM |
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Come on, baby! Keep on correcting!!
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Mousepotato
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Mushoz
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December 28, 2011, 10:09:46 PM |
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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  Pretty Bullish sign isn't it? |
www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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smickles
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December 28, 2011, 10:11:37 PM |
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My oscillator is showing some scary divergence on the 480 minute chart, and has almost established a peak on the daily chart  I wonder if that means the rally is almost over. |
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notme
Legendary
Offline
Activity: 1904
Merit: 1002
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December 28, 2011, 10:16:35 PM |
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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 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. |
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Mushoz
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December 28, 2011, 10:50:07 PM |
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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 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!
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cypherdoc
Legendary
Offline
Activity: 1764
Merit: 1002
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December 28, 2011, 10:51:42 PM |
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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 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? |
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smickles
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December 28, 2011, 10:52:57 PM |
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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 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 |
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Mushoz
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December 28, 2011, 10:53:45 PM |
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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 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-reserveLooks 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!
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ineededausername (OP)
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December 28, 2011, 10:55:34 PM |
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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 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-reserveLooks 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
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Mushoz
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December 28, 2011, 10:59:03 PM |
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 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!
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rebuilder
Legendary
Offline
Activity: 1615
Merit: 1000
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December 28, 2011, 11:00:26 PM |
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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.
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Too many low-quality posts? Mods not keeping things clean enough? Self-moderated threads let you keep signature spammers and trolls out!
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Mushoz
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December 28, 2011, 11:01:31 PM |
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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!
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smickles
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December 28, 2011, 11:19:38 PM |
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<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.
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ineededausername (OP)
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December 28, 2011, 11:20:20 PM |
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zhoutong better fix this ASAP.
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(BFL)^2 < 0
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rebuilder
Legendary
Offline
Activity: 1615
Merit: 1000
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December 28, 2011, 11:24:58 PM |
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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.
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Too many low-quality posts? Mods not keeping things clean enough? Self-moderated threads let you keep signature spammers and trolls out!
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mjcmurfy
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December 29, 2011, 12:09:19 AM |
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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.
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mjcmurfy
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December 29, 2011, 12:12:08 AM |
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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. |
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