adamstgBit (OP)
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March 02, 2012, 11:25:37 PM |
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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Qoheleth
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Spurn wild goose chases. Seek that which endures.
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March 02, 2012, 11:42:18 PM |
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I'd give it a few months at this point. People need some time to refill their confidence reservoirs.
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If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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adamstgBit (OP)
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March 02, 2012, 11:52:00 PM |
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I'd give it a few months at this point. People need some time to refill their confidence reservoirs.
agreed 8$ is far off... but not that far off the short term looks good too... if you waiting for the weekend dip, DON'T! .... I wonder what waveaddict is telling his subscribers  |
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Serge
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March 03, 2012, 12:38:39 AM |
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that boat has sailed and won't be coming back for a long time
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proudhon
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March 03, 2012, 02:01:59 AM |
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that boat has sailed and won't be coming back for a long time
I agree. Not this year. I think $7.20 will be the 2012 high. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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bitcoinBull
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rippleFanatic
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March 03, 2012, 02:51:40 AM |
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that boat has sailed and won't be coming back for a long time
I agree. Not this year. I think $7.20 will be the 2012 high. Most recent sell-off is a barely noticable blip, and yet the incident that triggered it was far worse than Tradehill closing its doors IMO. Your attempt at triple-reverse psychology will troll me no longer. Of course it was just a coincidence that the hack happened while I was trolling for a drop. And in the interest of full disclosure, I was actually long on bitcoinica and just wanted to improve my base price. Things were looking fairly bullish to me. I closed the bitcoinica position about 30 minutes before I sold everything on MtGox.
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College of Bucking Bulls Knowledge
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proudhon
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March 03, 2012, 03:03:31 AM |
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that boat has sailed and won't be coming back for a long time
I agree. Not this year. I think $7.20 will be the 2012 high. Most recent sell-off is a barely noticable blip, and yet the incident that triggered it was far worse than Tradehill closing its doors IMO. Your attempt at triple-reverse psychology will troll me no longer. Of course it was just a coincidence that the hack happened while I was trolling for a drop. And in the interest of full disclosure, I was actually long on bitcoinica and just wanted to improve my base price. Things were looking fairly bullish to me. I closed the bitcoinica position about 30 minutes before I sold everything on MtGox.
A troll within a troll within a troll.  |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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adamstgBit (OP)
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March 03, 2012, 05:17:53 AM |
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naima53
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March 03, 2012, 05:41:37 AM |
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Of course it was just a coincidence that the hack happened while I was trolling for a drop. And in the interest of full disclosure, I was actually long on bitcoinica and just wanted to improve my base price. Things were looking fairly bullish to me. I closed the bitcoinica position about 30 minutes before I sold everything on MtGox.
Ha - Ha! I'm surprised! This frank confession! Question: Why? Now no one will believe .. |
Donate me) 16f6iWHHkVEnDReeBQPT9GwCNwUfPTXrp2
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proudhon
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March 04, 2012, 12:47:45 AM |
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Don't drink and trade, kids.  Oops. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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fcmatt
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March 04, 2012, 01:11:01 AM |
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proudhon, all in all that trade is just as likely to make money as any short done after the big hack unless the timing
for their short was immaculate. Meaning a short at 4.80 on bitcoinica.. and even then to get out of that short would
only give you a 10 cent profit per BTC. Nothing like many people who shorted expected to happen in my opinion.
I am sitting here deciding if the short I did was a waste of time and just want out at a small profit or break even.
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Otoh
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March 04, 2012, 01:23:14 AM |
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Don't drink and trade, kids. Oops. you want to upload the latest version of the ZT price (Min.price/Liq.price) script to take in to account of the swaps introduction, actually I wish that the script made it ZT.price as the field there PS long with a $4.78 base price may be stuff of legend if you let it run to towards the end of year |
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labestiol
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March 04, 2012, 01:28:09 PM |
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WTF with the min price in your pic here proudhon ??
Even if it doesn't factor in the recent addition of swaps, it totally off ...
If my math is correct, your margin call/liquidation price (taking into account swap) is 2.8/2.66
Can someone confirm ? Just want to be sure my math is good
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1BestioLC7YBVh8Q5LfH6RYURD6MrpP8y6
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proudhon
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March 04, 2012, 01:36:36 PM |
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WTF with the min price in your pic here proudhon ??
Even if it doesn't factor in the recent addition of swaps, it totally off ...
If my math is correct, your margin call/liquidation price (taking into account swap) is 2.8/2.66
Can someone confirm ? Just want to be sure my math is good
It's from an old version of Bitcoin Helper extension that I hadn't updated/uninstalled. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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naima53
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March 04, 2012, 01:42:16 PM |
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I confirm that I had the same error. But I will not publish here my order-book  |
Donate me) 16f6iWHHkVEnDReeBQPT9GwCNwUfPTXrp2
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Otoh
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March 04, 2012, 02:08:53 PM |
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WTF with the min price in your pic here proudhon ??
Even if it doesn't factor in the recent addition of swaps, it totally off ...
If my math is correct, your margin call/liquidation price (taking into account swap) is 2.8/2.66
Can someone confirm ? Just want to be sure my math is good
ignoring the swaps, I make his ZT price $2.6366 the (pre swaps) formulae for calculating the ZT price is: entry field 1: Long / Short entry field 2: Current Bid (changes to Ask if you've entered Short) entry field 3: Net Value entry field 4: Maintenance entry field 5: Amount entry field 6: BTC Balance The calc then does the formulae: F1 = Long F2 - (F3 - F4) / (F5 + F6) = ZT F1 = Short F2 + (F3 - F4) / (F5 - F6) = ZT |
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Hunterbunter
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March 04, 2012, 02:31:13 PM |
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proudhon, all in all that trade is just as likely to make money as any short done after the big hack unless the timing
for their short was immaculate. Meaning a short at 4.80 on bitcoinica.. and even then to get out of that short would
only give you a 10 cent profit per BTC. Nothing like many people who shorted expected to happen in my opinion.
I am sitting here deciding if the short I did was a waste of time and just want out at a small profit or break even.
Yes...It seems Zhou has decided to gouge his customers by upping the required BTC depth to around 2.5k BTC, whereas before this theft it was around 1k btc. This means larger spreads and basically 50% higher fees ($15 per 100btc buy/sell). I think he might be taking the piss a little bit. I realize he has to recover his losses, but this is turning me off a little bit. |
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proudhon
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March 04, 2012, 03:57:54 PM |
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I updated the helper extension:  |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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proudhon
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March 04, 2012, 06:46:30 PM |
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I chickened out and went ahead and took my profits.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Otoh
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March 04, 2012, 06:54:29 PM |
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just out of interest did you liquidate your position or do it with limit sell orders? No screenie available prior to cashing out I suppose?
as for regretting it, who knows short term but with that base & ZT price (which you could keep adjusting up all being well by removing margin) then I'd have just left it to snooze until 2013 & started some new Bitcoinica accounts positions
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