01BTC10
VIP
Hero Member
 Offline
Activity: 756
Merit: 503
|
 |
March 07, 2013, 03:26:29 AM |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
420
|
|
March 07, 2013, 03:27:24 AM |
|
|
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
|
|
|
|
whitenight639
|
|
March 07, 2013, 03:27:43 AM |
|
I just want to post this for historical reference  |
125uWc197UW5kM659m4uwEakxoNHzMKzwz
|
|
|
Chalkbot
Legendary
Offline
Activity: 896
Merit: 1001
|
|
March 07, 2013, 03:28:28 AM |
|
Did anyone with buy orders of 36-45 on here actually get them filled during that WTF moment? Curious about what actually happened there.
|
|
|
|
|
elux
Legendary
Offline
Activity: 1458
Merit: 1006
|
|
March 07, 2013, 03:28:38 AM |
|
Yeah. We're stable now. Surely.  |
|
|
|
|
smracer
Donator
Legendary
Offline
Activity: 1055
Merit: 1020
|
|
March 07, 2013, 03:32:43 AM |
|
I don't understand. Did someone put in a sell order for 7500 BTC @ $36 and it just ate up everything so the buy wall has to reform?
|
|
|
|
|
|
hmmmstrange
|
|
March 07, 2013, 03:33:40 AM |
|
I don't understand. Did someone put in a sell order for 7500 BTC @ $36 and it just ate up everything so the buy wall has to reform?
someone sold 9k at market rate |
|
|
|
|
|
whitenight639
|
|
March 07, 2013, 03:43:51 AM |
|
I don't understand. Did someone put in a sell order for 7500 BTC @ $36 and it just ate up everything so the buy wall has to reform?
I think tbcoin has the answer: Margin trading
Our margin trading feature is unique in the Bitcoin world. Basically, it allows you to borrow funds from lenders (see next feature) to trade bitcoins. If you make a profit, you get the profit and pay the depositor interests. If you make a loss, you reimburse the depositors the whole borrowed amount.
For example, let's say you want to open a long position for 100 bitcoins. That means you want to buy 100 bitcoins hoping to the price will go up. The system will borrow for you 100 * the bitcoin price US dollars (let's say 1300 USD) from lenders, at the best rates available. Your position will have a maximum period (defined by lenders), after which you will have to reimburse the 1300 USD (close the position). Each hour you will be charged an interests rate going to your(s) lender(s). If later you want to increase your position, you can borrow more funds, which will have there own maximum period.
At any time before the expiration date, you can close your position. This will reimburse your lender, and you will keep the profit.
The same goes for short position (selling bitcoins), where you borrow bitcoins instead of dollars.
If there is no lender available, you will not be able to open your position. Your order status will be "NO RESERVE ACTIVE", which means that it will be executed as soon as there is funds available.
The trading wallet is used for margin trading. It does not serves the purpose of buying or selling bitcoins, it serves only as margin requirements; that is, even if you have 1000 US dollars in this wallet, if you open a 10 BTC long position, you will borrow the needed USD. Funds in this wallet are to cover for eventual losses that may occurs. When the losses covers almost all your wallet balances, you may get a margin call and have your position force-closed to avoid further losses. https://www.bitfinex.com/pages/howitworksOr i might be way off, correct me if im wrong |
125uWc197UW5kM659m4uwEakxoNHzMKzwz
|
|
|
|
Walter Rothbard
|
|
March 07, 2013, 04:35:09 AM |
|
Sigh, once again, I leave the house on a Wednesday night, and everything goes crazy.
What is it with Wednesday, anyway?
|
|
|
|
|
420
|
|
March 07, 2013, 04:49:40 AM |
|
Did anyone with buy orders of 36-45 on here actually get them filled during that WTF moment? Curious about what actually happened there.
about everything I wanted to happen happened |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
|
|
|
Loaded
Full Member
Offline
Activity: 135
Merit: 113
whale eater
|
|
March 07, 2013, 05:23:05 AM |
|
Good buying opportunity. I, however, am out of funds until the next wire clears.
|
Bitcoin multimillionaire, broker, and asset manager.
bitcoind signmessage 1BqcwhKevdBKeos72b8E32Swjrp4iDVnjP "I am 'Loaded' of bitcointalk.org."
Hw6QbEy+Z5BNwiv0kPTyizzgU5T1H88RnPRvk7730VoGTReJndKzZ4Jnn1JjIkNiVwBIXsx19RwXQWVfWrZjW+M=
|
|
|
BitcoinBA
Member
Offline
Activity: 74
Merit: 10
|
|
March 07, 2013, 05:27:04 AM |
|
Big dump = small dick or ego...
|
|
|
|
|
|
zoinky
|
|
March 07, 2013, 05:29:01 AM |
|
All this commotion on a 9k sell off... we haven't seen anything yet. I predict more laggy nights to come.
|
|
|
|
|
keewee
Legendary
Offline
Activity: 1025
Merit: 1000
|
|
March 07, 2013, 05:29:38 AM |
|
Good buying opportunity. I, however, am out of funds until the next wire clears.
I think today might have rattled the confidence of a few people around here. I'm still holding though  |
1keewee2vRp63UWvPBynT55ZYw6SUCKDB
|
|
|
|
robocoin
|
|
March 07, 2013, 05:30:48 AM |
|
Good buying opportunity. I, however, am out of funds until the next wire clears.
I think today might have rattled the confidence of a few people around here. I'm still holding though Great. Now you manage how much coins? 100k+? |
|
|
|
|
Loaded
Full Member
Offline
Activity: 135
Merit: 113
whale eater
|
|
March 07, 2013, 05:35:31 AM |
|
Good buying opportunity. I, however, am out of funds until the next wire clears.
I think today might have rattled the confidence of a few people around here. I'm still holding though Great. Now you manage how much coins? 100k+? Close. Significantly more if you include clients. |
Bitcoin multimillionaire, broker, and asset manager.
bitcoind signmessage 1BqcwhKevdBKeos72b8E32Swjrp4iDVnjP "I am 'Loaded' of bitcointalk.org."
Hw6QbEy+Z5BNwiv0kPTyizzgU5T1H88RnPRvk7730VoGTReJndKzZ4Jnn1JjIkNiVwBIXsx19RwXQWVfWrZjW+M=
|
|
|
zby
Legendary
Offline
Activity: 1592
Merit: 1001
|
|
March 07, 2013, 05:54:26 AM |
|
Did anyone with buy orders of 36-45 on here actually get them filled during that WTF moment? Curious about what actually happened there.
I had orders about 38 and they got filled. |
|
|
|
|
molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
|
|
March 07, 2013, 06:00:05 AM |
|
Did anyone with buy orders of 36-45 on here actually get them filled during that WTF moment? Curious about what actually happened there.
I had orders about 38 and they got filled. I had very old orders laying around everywhere. They all got filled, unfortunately the lower ones (30 to 35) had been invalid due to lack of USD  Just woke up. I fell much better today after this healthy correction. Yesterday made me feel uneasy. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
|
|
|
BitcoinBA
Member
Offline
Activity: 74
Merit: 10
|
|
March 07, 2013, 06:01:16 AM |
|
What's gonna happen when people in Europe wake up? Will they panic sell or buy for cheap? What do you think... Btw. I wrote to MtGox about the big lags - answer: top management is working on it... |
|
|
|
|
|
420
|
|
March 07, 2013, 06:05:37 AM |
|
What's gonna happen when people in Europe wake up? Will they panic sell or buy for cheap? What do you think... Btw. I wrote to MtGox about the big lags - answer: top management is working on it... all of the above Did anyone with buy orders of 36-45 on here actually get them filled during that WTF moment? Curious about what actually happened there.
I had orders about 38 and they got filled. I had very old orders laying around everywhere. They all got filled, unfortunately the lower ones (30 to 35) had been invalid due to lack of USD Just woke up. I fell much better today after this healthy correction. Yesterday made me feel uneasy. same here. so I just took out more loans LOL |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
|
|
|
|
