del

[myself]

del

[bittenbob]

I thought Ive seen it at 7.19.

Is bitcoinica the cause of the current push down?

[notme]

I thought Ive seen it at 7.19.

Is bitcoinica the cause of the current push down?

Perhaps... the * has been there for half a day now so maybe someone decided to try for a squeeze.

[Timbo925]

So prices can't go up on bitcoinica? What if the prices keep rising on mtgox? No one will go out of a long position so bitcoinica trades keep being locked.

Is this a total wrong way of thinking? I'm new to this so still learning with my full 2BTC on bitcoinica

[ultima]

Prices on bitcoinica go up and down based on mtgox price. Asterisk just means they ran out of money to lend to open new long positions (but you can close your short positions). The price can go to $9 or $5 with asterisk being there all of the time.

[Timbo925]

Thx I understand it now. Expecting the market to panic at some point so trying to sort.
Maybe not a smart move but we will see 

[proudhon]

Spread em!

[SkRRJyTC]

Spread em!

Looks like Bitcoin to me 

[naima53]

Not, it is wildness what that... I have had time to close a long position on bitcoinica with a small loss when saw that 7.2 hasn't been overcome... I so don't play... As though bitcoinica deliberately it would do that there were the forced liquidations... 

[zby]

Not, it is wildness what that... I have had time to close a long position on bitcoinica with a small loss when saw that 7.2 hasn't been overcome... I so don't play... As though bitcoinica deliberately it would do that there were the forced liquidations...  

It's kind of creazy - but really this is how it works.  Bitcoinica leads the rally until it gets out of USD - then it cannot buy any more BTC on MtGox - the rally suddenly lacks momentum - people feel that it falters and the tide reverses.  Bitcoinica liquidates long positions sells BTC on MtGox, accelerates the down turn and also gathers USD.  It is now ready for the next round.

[Timbo925]

Not, it is wildness what that... I have had time to close a long position on bitcoinica with a small loss when saw that 7.2 hasn't been overcome... I so don't play... As though bitcoinica deliberately it would do that there were the forced liquidations... 

So bitcoinica makes you force liquidate also when you have a big profit ? I tough is was only when your losses come to close to your balance.

[notme]

Not, it is wildness what that... I have had time to close a long position on bitcoinica with a small loss when saw that 7.2 hasn't been overcome... I so don't play... As though bitcoinica deliberately it would do that there were the forced liquidations... 

So bitcoinica makes you force liquidate also when you have a big profit ? I tough is was only when your losses come to close to your balance.

It only liquidates on excessive losses... naima53 can be tough to understand at times.

[naima53]

Not, it is wildness what that... I have had time to close a long position on bitcoinica with a small loss when saw that 7.2 hasn't been overcome... I so don't play... As though bitcoinica deliberately it would do that there were the forced liquidations...  

So bitcoinica makes you force liquidate also when you have a big profit ? I tough is was only when your losses come to close to your balance.

can be a bad translation, I have not been liqidated, I have sold 6.91 with little loss of less than $ 1,000 when i saw that it not struck  7.2. But who then was liqidated, and now because of the noise I do not even know what the trend  

[Timbo925]

Oh I see what you mean now. Market is indeed very noise from what I understand with my limited knowledge.

[teflone]

Make another thread, there is people that just got here that dont realize you shorted..

[teflone]

Make another thread, there is people that just got here that dont realize you shorted..

look at the time and topic yes i did go short and i posted a pic on mad speculator thread

lmao!!  Ohhh man..

There is a lot flying over your head on regular occasions I see... 

[notme]

Make another thread, there is people that just got here that dont realize you shorted..

look at the time and topic yes i did go short and i posted a pic on mad speculator thread

He's referring to you spamming 3 threads on the same topic within a few hours.

[teflone]

is not same topic
this for example is about the lack of USD at bitcoinica

Did you hear that.. ?

Once again, that plane flew over pretty low... you didnt hear it ?

Its almost like Notme is trying to explain something..

[notme]

is not same topic
this for example is about the lack of USD at bitcoinica

It's all just bearish propaganda.  I welcome rational bearishness, but when you go short then create 3 threads to talk about how it can only go down you are simply trying to abuse the forums.  I hope you get washed out, but I also hope you are right so I can buy more.  Either way, I'm happy.  Are you as comfortable with all the options?  Or are you just creating bearhavens to hide in until the market decides whether you win big or lose big.