Why the pessimism?

[RyNinDaCleM]

Now Mr. Moneybags has show off his E-Peen! 

[1713509154]

1713509154

[1713509154]

1713509154

[1713509154]

1713509154

[1713509154]

1713509154

[adamstgBit]

look look its the 10,000 btc bid  wall that got sold into at 5.20

it is now an ask wall at 5.95. 13% in a few days not half bad  

[bittenbob]

WOW! That whole 10K wall at 5.95 was bought up in one purchase. This person was also putting bids below it that you could see because every time one was sold it would decrease the wall by the same amount. I am wondering if they thought they would have time to pull it. This was a major market force down so I think we are ready to ramp up.

[proudhon]

This was a major market force down so I think we are ready to ramp up.

Nope.  The only indicator that matters says go short.

[Crypt_Current]

This was a major market force down so I think we are ready to ramp up.

Nope.  The only indicator that matters says go short.

The hourly EMA 18 crossed under the 7 also, a la Goombo's Journal.  Yeah, it's totally time to go short.

[StewartJ]

This was a major market force down so I think we are ready to ramp up.

Nope.  The only indicator that matters says go short.

The hourly EMA 18 crossed under the 7 also, a la Goombo's Journal.  Yeah, it's totally time to go short.

Ahhh the Goombo Soup wont steer you wrong....

[arepo]

This was a major market force down so I think we are ready to ramp up.

Nope.  The only indicator that matters says go short.

you're very wrong. binary indicators are worthless, and your spamming the forums with this kind of post means that the market is likely already corrected for it.

[proudhon]

This was a major market force down so I think we are ready to ramp up.

Nope.  The only indicator that matters says go short.

you're very wrong. binary indicators are worthless, and your spamming the forums with this kind of post means that the market is likely already corrected for it.

This particular binary indicator is apparently worth quite a lot and is working as well as it ever has.  Nobody has the guts to fight against the starfish.  Until somebody takes a huge risk with a lot of money the starfish is going to rule bitcoin trading land.

[teflone]

This was a major market force down so I think we are ready to ramp up.

Nope.  The only indicator that matters says go short.

you're very wrong. binary indicators are worthless, and your spamming the forums with this kind of post means that the market is likely already corrected for it.

This particular binary indicator is apparently worth quite a lot and is working as well as it ever has.  Nobody has the guts to fight against the starfish.  Until somebody takes a huge risk with a lot of money the starfish is going to rule bitcoin trading land.

EXACTLY!

except, they are already testing the boundries as we speak..

[adamstgBit]

This was a major market force down so I think we are ready to ramp up.

Nope.  The only indicator that matters says go short.

you're very wrong. binary indicators are worthless, and your spamming the forums with this kind of post means that the market is likely already corrected for it.

This particular binary indicator is apparently worth quite a lot and is working as well as it ever has.  Nobody has the guts to fight against the starfish.  Until somebody takes a huge risk with a lot of money the starfish is going to rule bitcoin trading land.

EXACTLY!

except, they are already testing the boundries as we speak..

i wonder what price would cause Zhoutonganization, my guess is most long positions where taken b4 the spike up and so a long squeeze wouldn't be so disastrous

[gewure]

personally..to zhoutong me you need to get at least under 4.4

recently i want to trade a little less leveraged

[Crypt_Current]

personally..to zhoutong me you need to get at least under 4.4

recently i want to trade a little less leveraged

Good play... Mine's at 4.70.  Still somewhat scary exciting though.

[arepo]

This was a major market force down so I think we are ready to ramp up.

Nope.  The only indicator that matters says go short.

you're very wrong. binary indicators are worthless, and your spamming the forums with this kind of post means that the market is likely already corrected for it.

This particular binary indicator is apparently worth quite a lot and is working as well as it ever has.  Nobody has the guts to fight against the starfish.  Until somebody takes a huge risk with a lot of money the starfish is going to rule bitcoin trading land.

EXACTLY!

except, they are already testing the boundries as we speak..

this. all it takes is one big fish to swim buy and take all the single-indicator-following lemmings' money.

[adamstgBit]

personally..to zhoutong me you need to get at least under 4.4

recently i want to trade a little less leveraged

Good play... Mine's at 4.70.  Still somewhat scary exciting though.

is their a price it has to reach b4 you can get 10X your money?

or can you at anytime decides to sell / cancel order? bitcoinia just gives you 10 times more to trade with?

i know I'm a little late in the game.. i really should go put in a few bitcoin and try out it for myself, just so i know exactly what you guys mean...

but if i put 1btc in their and go 10:1 and loss... do i owe 10btc? if so can't i just make another account?

  not that i would do that ... but could i  

... ignore my stupid questions, ill go try it out for myself this weekend

[teflone]

personally..to zhoutong me you need to get at least under 4.4

recently i want to trade a little less leveraged

Good play... Mine's at 4.70.  Still somewhat scary exciting though.

is their a price it has to reach b4 you can get 10X your money?

or can you at anytime decides to sell / cancel order? bitcoinia just gives you 10 times more to trade with?


i know I'm a little late in the game.. i really should go put in a few bitcoin and try out it for myself, just so i know exactly what you guys mean...

but if i put 1btc in their and go 10:1 and loss... do i owe 10btc? if so can't i just make another account?

  not that i would do that ... but could i  

6 percent margin call(loss) on 10 to 1..

96 percent margin call (loss) on 1 to 1 trading...


So.. on 1 coin, leveraged to 10

Your liquidated at 6 percent loss bitcoinica says..

you have to account on maintainance charges into that..plus if your all bitcoin and the price drops, your also losing value of your attainable leverage..  so that compounds the effect..  will liquidate sooner..

[adamstgBit]

personally..to zhoutong me you need to get at least under 4.4

recently i want to trade a little less leveraged

Good play... Mine's at 4.70.  Still somewhat scary exciting though.

is their a price it has to reach b4 you can get 10X your money?

or can you at anytime decides to sell / cancel order? bitcoinia just gives you 10 times more to trade with?


i know I'm a little late in the game.. i really should go put in a few bitcoin and try out it for myself, just so i know exactly what you guys mean...

but if i put 1btc in their and go 10:1 and loss... do i owe 10btc? if so can't i just make another account?

  not that i would do that ... but could i  

2 percent margin call(loss) on 10 to 1..

92 percent margin call (loss) on 1 to 1 trading...

These are max's

So.. on 1 coin, leveraged to 10

anymore than around 2 percent loss and you get a zhoutoung..

i c... so if i go short 10:1 at 5.91 .. if the price goes up to about 6.0282  (5.91 + (0.02* 5.91)) i get  zhoutounged.
but if the price goes down 10% i can  choose to wait for lower lows or take my bitcoin profits now?

[RyNinDaCleM]

personally..to zhoutong me you need to get at least under 4.4

recently i want to trade a little less leveraged

Good play... Mine's at 4.70.  Still somewhat scary exciting though.

is their a price it has to reach b4 you can get 10X your money?

or can you at anytime decides to sell / cancel order? bitcoinia just gives you 10 times more to trade with?

i know I'm a little late in the game.. i really should go put in a few bitcoin and try out it for myself, just so i know exactly what you guys mean...

but if i put 1btc in their and go 10:1 and loss... do i owe 10btc? if so can't i just make another account?

  not that i would do that ... but could i  

... ignore my stupid questions, ill go try it out for myself this weekend

If you deposit 1 BTC, and switch to 10:1, your tradeable balance would be 10BTC. If you went "all in", you would be liquidated before you end up owing too much. You may lose everything though.
When you close your position, you make the profit on 10BTC instead of 1. Not turning 1BTC into 10 withdrawl-able BTC

[teflone]

personally..to zhoutong me you need to get at least under 4.4

recently i want to trade a little less leveraged

Good play... Mine's at 4.70.  Still somewhat scary exciting though.

is their a price it has to reach b4 you can get 10X your money?

or can you at anytime decides to sell / cancel order? bitcoinia just gives you 10 times more to trade with?

i know I'm a little late in the game.. i really should go put in a few bitcoin and try out it for myself, just so i know exactly what you guys mean...

but if i put 1btc in their and go 10:1 and loss... do i owe 10btc? if so can't i just make another account?

  not that i would do that ... but could i  

... ignore my stupid questions, ill go try it out for myself this weekend

If you deposit 1 BTC, and switch to 10:1, your tradeable balance would be 10BTC. If you went "all in", you would be liquidated before you end up owing too much. You may lose everything though.
When you close your position, you make the profit on 10BTC instead of 1. Not turning 1BTC into 10 withdrawl-able BTC

Ya, your always making the difference as profit on the "pretend" 10 coins your borrowing...

So going short, and price is 10 cents lower on ten shorted coins closing your position will earn you  1 dollar USD, I also edited the percents...  bitcoiinica has a margin call, and a liquidate percent

The percents are on the Account Settings menu once you sign up

[adamstgBit]

personally..to zhoutong me you need to get at least under 4.4

recently i want to trade a little less leveraged

Good play... Mine's at 4.70.  Still somewhat scary exciting though.

is their a price it has to reach b4 you can get 10X your money?

or can you at anytime decides to sell / cancel order? bitcoinia just gives you 10 times more to trade with?

i know I'm a little late in the game.. i really should go put in a few bitcoin and try out it for myself, just so i know exactly what you guys mean...

but if i put 1btc in their and go 10:1 and loss... do i owe 10btc? if so can't i just make another account?

  not that i would do that ... but could i  

... ignore my stupid questions, ill go try it out for myself this weekend

If you deposit 1 BTC, and switch to 10:1, your tradeable balance would be 10BTC. If you went "all in", you would be liquidated before you end up owing too much. You may lose everything though.
When you close your position, you make the profit on 10BTC instead of 1. Not turning 1BTC into 10 withdrawl-able BTC

oh ok, that makes sense its just the profit i end up with when i choose to close... so Z is lending me money to trade with, the money is his the profits are mine, but if my call gets to risky i lose everything.

ill have to give it a try at 2.5:1, for fun.

if i sent it bitcoins i can only short?

Ya, your always making the difference as profit on the "pretend" 10 coins your borrowing...

So going short, and price is 10 cents lower on ten shorted coins closing your position will earn you  1 dollar USD, I also edited the percents...  bitcoiinica has a margin call, and a liquidate percent

The percents are on the Account Settings menu once you sign up

right ok cool, thanks

you have to account on maintainance charges into that..plus if your all bitcoin and the price drops, your also losing value of your attainable leverage..  so that compounds the effect..  will liquidate sooner..

sounds like its hard to win 

[RyNinDaCleM]

I know with USD you can do either. Not sure if it works the same way with BTC.