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Author Topic: Has anyone received funds from bitcoinica recently?  (Read 2720 times)
notme
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January 19, 2012, 07:54:56 PM
 #21

OK.  I have some BTC bought on leverage - plus the pending withdrawal.  Assuming that my marging should cover the BTC at the current price without leverage - how could I withdraw the BTC instead of USD?

Liquidate->Exchange Profits->Withdrawal

As for doing it without losing  a few percent, I don't think it's possible.

https://www.bitcoin.org/bitcoin.pdf
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phorensic
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January 19, 2012, 09:07:21 PM
 #22

The last few times I took profit I had to transfer out in BTC instead of USD.  Unfortunately Bitcoinica's fees for buying BTC with USD are outrageous.  Gotta pay to play.
DeathAndTaxes
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January 19, 2012, 09:08:57 PM
 #23

The last few times I took profit I had to transfer out in BTC instead of USD.  Unfortunately Bitcoinica's fees for buying BTC with USD are outrageous.  Gotta pay to play.

Yeah I canceled my 4 day pending MtGox withdraw and got robbed on the conversion and then cashed out in BTC in 10 minutes.
zby (OP)
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January 19, 2012, 09:51:27 PM
 #24

(you could also reveal al transactions like MtGox - but this is just a side note)
My impression was that this would greatly increase the danger of squeezes, since anyone could calculate how much money a squeeze would cost them.

Trades data is not enough to calculate the zhoutong price (and it also does not need to be associated with any account id - just the price and amount).
zby (OP)
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January 19, 2012, 10:06:12 PM
 #25

OK.  I have some BTC bought on leverage - plus the pending withdrawal.  Assuming that my marging should cover the BTC at the current price without leverage - how could I withdraw the BTC instead of USD?

Liquidate->Exchange Profits->Withdrawal

As for doing it without losing  a few percent, I don't think it's possible.
Hmm - but I would not be able to do that while there is a * at the buy button?
notme
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January 19, 2012, 10:43:11 PM
 #26

OK.  I have some BTC bought on leverage - plus the pending withdrawal.  Assuming that my marging should cover the BTC at the current price without leverage - how could I withdraw the BTC instead of USD?

Liquidate->Exchange Profits->Withdrawal

As for doing it without losing  a few percent, I don't think it's possible.
Hmm - but I would not be able to do that while there is a * at the buy button?

I've always been able to exchange my margin when the * is up.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
legitnick
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January 19, 2012, 11:00:56 PM
 #27

Well they took mine..

5 BITCOIN RAFFLE GIVEAWAY
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pirateat40
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January 19, 2012, 11:02:22 PM
 #28

I have a pending withdraw for MTGOXUSD that has been 2 days, thus far.  If I don't see something soon I may have to initiate a wire.

zby (OP)
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January 19, 2012, 11:37:38 PM
 #29

OK - exchanging to BTC and doing a BTC transfer worked.  Maybe not in minutes - but in about an hour it was on my MtGox account.
notme
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January 19, 2012, 11:41:17 PM
 #30

OK - exchanging to BTC and doing a BTC transfer worked.  Maybe not in minutes - but in about an hour it was on my MtGox account.

MtGox requires 6 confirmations... this should take an hour.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
pirateat40
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January 20, 2012, 06:52:47 PM
 #31

OK - exchanging to BTC and doing a BTC transfer worked.  Maybe not in minutes - but in about an hour it was on my MtGox account.

And you eat a lot of profits exchanging on bitcoinica.

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