Jon (OP)
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March 28, 2012, 07:21:06 PM |
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The wave is going to come any moment now.
Is it safe to go all in?
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The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
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adamstgBit
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Trusted Bitcoiner
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March 28, 2012, 07:23:37 PM |
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The wave is going to come any moment now.
Is it safe to go all in?
lol no never safe to go 10 to 1... a small temporary drop, your done and you miss it |
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ineededausername
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March 28, 2012, 07:25:32 PM |
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Is it safe to go all in?
...  |
(BFL)^2 < 0
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Jon (OP)
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No Gods; No Masters; Only You
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March 28, 2012, 07:27:44 PM |
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Is it safe to go all in?
... There is a season for all things. We'll see if the time for 10:1 was here all in good time. |
The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
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ineededausername
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March 28, 2012, 07:30:07 PM |
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Is it safe to go all in?
... There is a season for all things. We'll see if the time for 10:1 was here all in good time. The time for 10:1 is never. You might be right, but it's never a really good bet, especially with Bitcoinica-sized spreads. |
(BFL)^2 < 0
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proudhon
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March 28, 2012, 07:44:16 PM |
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FFS!
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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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guruvan
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March 28, 2012, 08:06:42 PM |
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LOL. I use 10:1 for safety during volatility. A couple weeks ago, when bitcoinica had a software error, and liquidated tons of positions, I was saved by the higher margin level. I would have seen my position force liquidated at lower levels. Instead of being liquidated I made money  It seems that many people around here risk far too much on any one position. I am much more tolerant of risk in bitcoin than I am in other trading, but still I won't risk much more than 10% of my equity on a position. (I hit about 12% on the error mentioned above) This gives me a lot of room before I go into severe drawdown. Going "all in" at any level of leverage is just asking for it. Personally, I highly recommend partially hedging your position with your currency account. Drawdown is highly accentuated if your margin is based on a volatile asset in your account, like bitcoin. |
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Qoheleth
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Spurn wild goose chases. Seek that which endures.
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March 28, 2012, 08:54:57 PM |
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If you need to ask whether to use 10:1, you shouldn't be using 10:1.
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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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mb300sd
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Drunk Posts
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March 28, 2012, 08:59:58 PM |
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Just do it |
1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
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Jon (OP)
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March 28, 2012, 09:20:15 PM |
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I went 10:1. It's time, gentlemen.
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The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
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adamstgBit
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March 28, 2012, 09:21:12 PM |
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I went 10:1. It's time, gentlemen.
lol prove it also how low dose it have to go b4 you get liquidated? how many coins? will you be the trigger for an unexpected long squeeze, letting everyone have cheep coins before blast off? |
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Jon (OP)
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March 28, 2012, 09:31:02 PM |
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All you get is account 1.  |
The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
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Qoheleth
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Spurn wild goose chases. Seek that which endures.
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March 28, 2012, 09:35:31 PM |
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See, I was about to say that 10:1 leverage could be short squeezed just a little way past the bidwall. But then he posted that screenshot.
I mean... 982BTC long with 1000BTC on deposit? That's nowhere near 10:1, you fibber.
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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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Matthew N. Wright
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Hero VIP ultra official trusted super staff puppet
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March 28, 2012, 09:36:26 PM |
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All you get is account 1.
...because account 2 and 3 were Zhou Tonged. |
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Jon (OP)
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No Gods; No Masters; Only You
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March 28, 2012, 09:37:23 PM |
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See, I was about to say that 10:1 leverage could be short squeezed just a little way past the bidwall. But then he posted that screenshot.
I mean... 982BTC long with 1000BTC on deposit? That's nowhere near 10:1, you fibber.
Again, it's only account 1. I am not displaying my the positions and amount on my main account for obvious reasons. |
The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
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dopamine
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March 28, 2012, 09:43:41 PM |
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curious have you been forced liquidated before? I say use 10:1 at any price this give more volatility to the market...
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Bitcoinica still has not given me 50% of my claim of 600 BTC
INTERSANGO can go down with bitcoinica for abandoning customers
Alberto Armandi is a SCAMMER
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Jon (OP)
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March 28, 2012, 09:46:08 PM |
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curious have you been forced liquidated before? I say use 10:1 at any price this give more volatility to the market...
I have not. However, my positions haven't been this risky before. I am only doing this because I am very certain. |
The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
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Jon (OP)
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Activity: 98
Merit: 12
No Gods; No Masters; Only You
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March 28, 2012, 09:49:09 PM |
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This minor slump is making me even more confident.
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The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
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Crypt_Current
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March 28, 2012, 09:52:52 PM |
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I went 10:1. It's time, gentlemen.
Congrats! Can't win if you don't play. |
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Qoheleth
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Spurn wild goose chases. Seek that which endures.
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March 28, 2012, 09:56:42 PM |
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I have not. However, my positions haven't been this risky before. I am only doing this because I am very certain.
So you have confidence in the good intentions of the person who put up the bidwall? I mean, if it's a trap like it was the last couple times, this right here is a very juicy argument that it's time to spring it. |
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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