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myself
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del
April 03, 2012, 09:47:18 PM
Last edit: September 09, 2012, 09:32:05 PM by myself
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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waspoza
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April 03, 2012, 09:51:34 PM
 #2

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.
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April 03, 2012, 10:18:51 PM
 #3

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  Cheesy

ops make that 100,000BTC

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April 03, 2012, 10:32:46 PM
 #4

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

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

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April 04, 2012, 02:43:32 PM
 #5

and now we go lower...
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April 04, 2012, 04:47:05 PM
 #6

and now we go lower...

So you hope Cheesy
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April 04, 2012, 05:32:19 PM
 #7

and now we go lower...

So you hope Cheesy
We made a new daily low when I posted before, but now Im closer to hoping...
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April 04, 2012, 05:41:15 PM
 #8

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

Donate me) 16f6iWHHkVEnDReeBQPT9GwCNwUfPTXrp2
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April 04, 2012, 05:44:21 PM
 #9

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.


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April 04, 2012, 05:54:58 PM
 #10

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.

"Science flies you to the Moon, religion flies you into buildings."
 - Victor Stenger

"Religion is regarded by the common people as true, by the wise as false, and the rulers as useful."
 - Seneca the Elder (ca. 54 BCE - ca. 39 CE) Roman rhetorician
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April 04, 2012, 05:56:29 PM
 #11

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.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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April 04, 2012, 05:59:50 PM
 #12

Dutch Merganser
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April 04, 2012, 06:40:05 PM
 #13

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.

"Science flies you to the Moon, religion flies you into buildings."
 - Victor Stenger

"Religion is regarded by the common people as true, by the wise as false, and the rulers as useful."
 - Seneca the Elder (ca. 54 BCE - ca. 39 CE) Roman rhetorician
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April 04, 2012, 08:10:35 PM
 #14

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.

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April 04, 2012, 08:12:42 PM
 #15

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.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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April 04, 2012, 08:39:10 PM
 #16

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!

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