del

[myself]

del

[waspoza]

AFAIK you can put any sum you want in buy order and it will show in book, but wont execute. Correct me if im wrong.

[adamstgBit]

so bring the price down to ... 4.4 and 9000BTC will be squeezed?

anyone wana sell 10,000BTC and try to buy back 10,000BTC 10 cents lower? pretty please  

ops make that 100,000BTC

[adamstgBit]

you only need to get the top snowball rolling it gets bigger after 

right and i guess way more then 9000BTC would be squeezed if it get to 4.4

but I'm betting no one has the balls to do this

[SkRRJyTC]

and now we go lower...

[Sitarow]

and now we go lower...

So you hope

[SkRRJyTC]

and now we go lower...

So you hope

We made a new daily low when I posted before, but now Im closer to hoping...

[naima53]

mmmmm ...... These two mountains .... I can smell the rally up ... (in violation of my promise not to talk about it here) 

[guruvan]

AFAIK you can put any sum you want in buy order and it will show in book, but wont execute. Correct me if im wrong.

You can put any order on the book, but this was higher than the ask - and it was executing (rather slowly)

The only reason the order won't fill is if you don't have the available balance. If the order comes into the spread, it should fill to to your max tradable balance.

[Dutch Merganser]

someone made a buy order on bitcoinica  for 9000 bitcoin -i did see that order a bit above- at $4,97 base price that means about 4.95 mtgox price
squeezing 9000 bitcoins is a awesome opportunity

Define squeeze.

[notme]

someone made a buy order on bitcoinica  for 9000 bitcoin -i did see that order a bit above- at $4,97 base price that means about 4.95 mtgox price
squeezing 9000 bitcoins is a awesome opportunity

Define squeeze.

If the price is taken low enough, Mr. 9000 will either cut his losses, or if taken even lower, he will be force liquidated.

[mc_lovin]

[Dutch Merganser]

someone made a buy order on bitcoinica  for 9000 bitcoin -i did see that order a bit above- at $4,97 base price that means about 4.95 mtgox price
squeezing 9000 bitcoins is a awesome opportunity

Define squeeze.

If the price is taken low enough, Mr. 9000 will either cut his losses, or if taken even lower, he will be force liquidated.

Thanks, that's what I got from reading the rest of the thread.

[trogdorjw73]

someone made a buy order on bitcoinica  for 9000 bitcoin -i did see that order a bit above- at $4,97 base price that means about 4.95 mtgox price
squeezing 9000 bitcoins is a awesome opportunity

Define squeeze.

If the price is taken low enough, Mr. 9000 will either cut his losses, or if taken even lower, he will be force liquidated.

Thanks, that's what I got from reading the rest of the thread.

And of course, without knowing the leverage used or how much reserve he has, there's no way to know where this would get liquidated.

[notme]

someone made a buy order on bitcoinica  for 9000 bitcoin -i did see that order a bit above- at $4,97 base price that means about 4.95 mtgox price
squeezing 9000 bitcoins is a awesome opportunity

Define squeeze.

If the price is taken low enough, Mr. 9000 will either cut his losses, or if taken even lower, he will be force liquidated.

Thanks, that's what I got from reading the rest of the thread.

And of course, without knowing the leverage used or how much reserve he has, there's no way to know where this would get liquidated.

But if we hit that price, you'll know it.

[guruvan]

someone made a buy order on bitcoinica  for 9000 bitcoin -i did see that order a bit above- at $4,97 base price that means about 4.95 mtgox price
squeezing 9000 bitcoins is a awesome opportunity

Define squeeze.

If the price is taken low enough, Mr. 9000 will either cut his losses, or if taken even lower, he will be force liquidated.

Thanks, that's what I got from reading the rest of the thread.

And of course, without knowing the leverage used or how much reserve he has, there's no way to know where this would get liquidated.

But if we hit that price, you'll know it.

mwahaha. upsidedown rally!