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Bitcoin Forum > Economy > Economics > Speculation > seems like bitcoinica leverage starvation is the biggest cause of swing now!
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Author Topic: seems like bitcoinica leverage starvation is the biggest cause of swing now!  (Read 1154 times)
barrymac (OP)
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January 25, 2012, 08:30:09 PM
 #1
thoughts?

Is mtgox failing bitcoinica, or bitcoinica always going to be like this when the crowd stampedes in a particular direction?

Seems to me that the star of death on a particular direction tolls the death knell for thoe opposing position these days
teflone
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January 25, 2012, 08:31:18 PM
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Quote from: barrymac on January 25, 2012, 08:30:09 PM
thoughts?

Is mtgox failing bitcoinica, or bitcoinica always going to be like this when the crowd stampedes in a particular direction?

Seems to me that the star of death on a particular direction tolls the death knell for thoe opposing position these days

Its like playing cards on a glass table, and everyone has mirrors on their shoes..


Welcome to what I've been trying to say for weeks!
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Mageant
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January 25, 2012, 08:46:52 PM
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My guess is that this will be balanced out eventually by smart traders who can take advantage of this information.
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teflone
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January 25, 2012, 08:49:54 PM
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Quote from: Mageant on January 25, 2012, 08:46:52 PM
My guess is that this will be balanced out eventually by smart traders who can take advantage of this information.

Too late, except the smart traders also have all the money, and its all locked up on Starfishoinica long before any gets a piece to leverage on.
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teflone
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January 25, 2012, 08:53:09 PM
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Quote from: myself on January 25, 2012, 08:51:05 PM
sell bitcoins and deposit USD then * is gone

Excellent idea!
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Dutch Merganser
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January 25, 2012, 08:57:21 PM
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Quote from: myself on January 25, 2012, 08:51:05 PM
sell bitcoins and deposit USD then * is gone

Yeah, do that.
"Science flies you to the Moon, religion flies you into buildings."
 - Victor Stenger

"Religion is regarded by the common people as true, by the wise as false, and the rulers as useful."
 - Seneca the Elder (ca. 54 BCE - ca. 39 CE) Roman rhetorician
Sargasm
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January 25, 2012, 09:06:29 PM
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So, can you get a * to put out your own money?
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