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del
February 02, 2012, 08:29:00 PM
 #1

del
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February 02, 2012, 08:33:48 PM
 #2

Bitcoinica long squeeze will come, but from higher.
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February 02, 2012, 08:36:46 PM
 #3

Oh look, asterisk.  Time to short Smiley

(BFL)^2 < 0
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February 02, 2012, 10:10:46 PM
 #4

Oh look, asterisk.  Time to short Smiley


BINGO!!!!

Btw, Im holding pocket aces... just so you can rape me on this next hand..

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February 02, 2012, 10:19:13 PM
 #5

you guys have been talking about the starfish for ages. i don't even use bitcoinica and it's starting to get really annoying. if the indicator were indeed that clear-cut then the market would have corrected for it already -- you constantly talk about it on the forums.

this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
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February 02, 2012, 10:34:44 PM
 #6

you guys have been talking about the starfish for ages. i don't even use bitcoinica and it's starting to get really annoying. if the indicator were indeed that clear-cut then the market would have corrected for it already -- you constantly talk about it on the forums.

Indeed.  I often see a star next to the buy and sell prices. Sometimes only on the buy price.  Yet, none of this seems to have an affect on bitcoin's price.  It's not moving at the moment, and hasn't done so for the last 24 hours.  Bitcoinica only seems to have a large impact on bitcoin when people are forced to liquidate.  Then the fun starts.  Otherwise it's a non issue.


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February 03, 2012, 12:18:06 AM
 #7

you guys have been talking about the starfish for ages. i don't even use bitcoinica and it's starting to get really annoying. if the indicator were indeed that clear-cut then the market would have corrected for it already -- you constantly talk about it on the forums.

Indeed.  I often see a star next to the buy and sell prices. Sometimes only on the buy price.  Yet, none of this seems to have an affect on bitcoin's price.  It's not moving at the moment, and hasn't done so for the last 24 hours.  Bitcoinica only seems to have a large impact on bitcoin when people are forced to liquidate.  Then the fun starts.  Otherwise it's a non issue.

Your naivety is cute...

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February 03, 2012, 12:51:23 AM
 #8

The starfish is the most trustworthy trading indicator in the bitcoin market.
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February 03, 2012, 12:55:00 AM
 #9

The starfish is the most trustworthy trading indicator in the bitcoin market.

Yup, it has to go..
 if you cant fully leverage everyone 10 to 1, DONT OFFER ANY LEVERAGE MORE THAN THAT!!!


Im fucking sick of this Bitcoinica, its ruining the market

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February 03, 2012, 12:57:37 AM
 #10

The starfish is the most trustworthy trading indicator in the bitcoin market.

Yup, it has to go..
 if you cant fully leverage everyone 10 to 1, DONT OFFER ANY LEVERAGE MORE THAN THAT!!!


Im fucking sick of this Bitcoinica, its ruining the market

Yes, Bitcoinica is a blight on this market.
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February 03, 2012, 01:00:55 AM
 #11

The starfish is the most trustworthy trading indicator in the bitcoin market.

Yup, it has to go..
 if you cant fully leverage everyone 10 to 1, DONT OFFER ANY LEVERAGE MORE THAN THAT!!!


Im fucking sick of this Bitcoinica, its ruining the market

Yes, Bitcoinica is a blight on this market.

I agree.  But I've given in.  Bitcoinica isn't going anywhere, so fuck it.  The bitcoinica starfish has given me more profit than anything else.  Maybe if more people trade on it it'll dampen it's effect.  I don't know.  Whatever. 
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February 03, 2012, 01:15:58 AM
 #12

The starfish is the most trustworthy trading indicator in the bitcoin market.

Yup, it has to go..
 if you cant fully leverage everyone 10 to 1, DONT OFFER ANY LEVERAGE MORE THAN THAT!!!


Im fucking sick of this Bitcoinica, its ruining the market

Yes, Bitcoinica is a blight on this market.

I agree.  But I've given in.  Bitcoinica isn't going anywhere, so fuck it.  The bitcoinica starfish has given me more profit than anything else.  Maybe if more people trade on it it'll dampen it's effect.  I don't know.  Whatever. 

I would be shorting on it, if I had any trading capital left over during these "long squeezes"... The long term is up, no question about that, so I have to go "all into" my positions at this point to make any sizeable profits.
But yeah, as soon as those profits start piling up, i'll trade on this "indicator" and hopefully others will follow.

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February 03, 2012, 03:40:11 AM
 #13

The starfish is the most trustworthy trading indicator in the bitcoin market.

..

how comes i see it on both sides then? - and nothing happens
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February 03, 2012, 03:48:48 AM
 #14

The starfish is the most trustworthy trading indicator in the bitcoin market.

..

how comes i see it on both sides then? - and nothing happens

When it's on both sides it means there's a connection issue between MtGox's feed and bitcoinica.
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February 03, 2012, 04:01:18 AM
 #15

The starfish is the most trustworthy trading indicator in the bitcoin market.

Yup, it has to go..
 if you cant fully leverage everyone 10 to 1, DONT OFFER ANY LEVERAGE MORE THAN THAT!!!


Im fucking sick of this Bitcoinica, its ruining the market

How did Bitcoinica ruin the market? Basically Bitcoinica pushed the price up (from longs on margin) until it runs out of the available reserves.

If we didn't offer leverage then the rally wouldn't happen in the first place.

We stopped offering "more leverage" when we realize that we can't afford more. That's exactly what the asterisk means.

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February 03, 2012, 04:32:14 AM
 #16

If we didn't offer leverage then the rally wouldn't happen in the first place.

Exactly.  And now that everyone is leveraged up the rally is over.  A nice long squeeze is immanent.
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February 03, 2012, 04:41:10 AM
 #17


If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
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February 03, 2012, 04:43:41 AM
 #18

The starfish is the most trustworthy trading indicator in the bitcoin market.

Yup, it has to go..
 if you cant fully leverage everyone 10 to 1, DONT OFFER ANY LEVERAGE MORE THAN THAT!!!


Im fucking sick of this Bitcoinica, its ruining the market

How did Bitcoinica ruin the market? Basically Bitcoinica pushed the price up (from longs on margin) until it runs out of the available reserves.

If we didn't offer leverage then the rally wouldn't happen in the first place.

We stopped offering "more leverage" when we realize that we can't afford more. That's exactly what the asterisk means.

Then your letting people over leverage.
If you cant afford to have everyone to go full leverage, you shouldnt be be letting them go that far.

Do you understand what your doing by letting the world know you cant afford to give out more ?

But, Im sure you enjoy the sharp spikes down.


This is why you need to exist as an exchange outside of mtgox..


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February 03, 2012, 05:11:28 AM
 #19

The starfish is the most trustworthy trading indicator in the bitcoin market.

Yup, it has to go..
 if you cant fully leverage everyone 10 to 1, DONT OFFER ANY LEVERAGE MORE THAN THAT!!!


Im fucking sick of this Bitcoinica, its ruining the market

How did Bitcoinica ruin the market? Basically Bitcoinica pushed the price up (from longs on margin) until it runs out of the available reserves.

If we didn't offer leverage then the rally wouldn't happen in the first place.

We stopped offering "more leverage" when we realize that we can't afford more. That's exactly what the asterisk means.



Then your letting people over leverage.
If you cant afford to have everyone to go full leverage, you shouldnt be be letting them go that far.

Do you understand what your doing by letting the world know you cant afford to give out more ?

But, Im sure you enjoy the sharp spikes down.


This is why you need to exist as an exchange outside of mtgox..




+1

Wishing Zhou would take his Margincoinica outside of Gox....
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February 03, 2012, 05:14:46 AM
 #20

I think Zhou has stated elsewhere that he plans to start a full-fledged exchange as competition for MtGox...

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