dnaleor (OP)
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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July 15, 2015, 06:12:58 PM |
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A little late to this, but I'd like to join. Everybody can join at any time. Tell uw if you want to start with a BTC or usd Balance and what the current bpi exchange rate is when you post that message
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leancuisine
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July 15, 2015, 06:21:48 PM |
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Starting with a BTC balance, rate is currently $289.10.
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Zetko
Newbie
Offline
Activity: 4
Merit: 0
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July 15, 2015, 07:04:05 PM |
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For my first post ever on btctalk, I'm joining your little game!
Starting with a USD balance and All in @289.11$!
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elijahhnr
Newbie
Offline
Activity: 12
Merit: 0
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July 15, 2015, 08:43:03 PM |
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Hold my little BTC
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(Lithium)
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July 15, 2015, 11:05:35 PM |
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Greece refuses to jump into the abyss, so sell @285.57
Guess second place until the new first buys
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Wary
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July 16, 2015, 06:15:04 AM |
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panic sell @283.64
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Fairplay medal of dnaleor's trading simulator.
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White sugar
Legendary
Offline
Activity: 1232
Merit: 1005
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July 16, 2015, 04:49:16 PM |
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If someone hodl money until the end of year he will have the arbitrage advantage.
What about force a buy using BTC average and a sell using coindesk after some time, for those who still hodl money?
there is always that risk, but there is an 8h gap between 2 trades, so it isn't very likely Not what I meant, but you will see sooner or later, when the ranking position will be wrong because people decided to take advantage of the arbitrage by hodling USD
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ask
Legendary
Offline
Activity: 1386
Merit: 1004
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July 16, 2015, 04:51:28 PM |
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buy 277
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Wary
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July 16, 2015, 07:03:07 PM |
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buy @274.96
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Fairplay medal of dnaleor's trading simulator.
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h3speros
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July 17, 2015, 10:11:00 AM |
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buy 276.56 (bitcoinaverage) buy 274.71 (coindesk)
idk which one i should use so i put both there
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dnaleor (OP)
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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July 17, 2015, 10:13:54 AM |
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buy 276.56 (bitcoinaverage) buy 274.71 (coindesk)
idk which one i should use so i put both there
you were in fiat before the switch, so your balance is marked blue on the scoreboard meaning you need to use bitcoinaverage (276.56) for your next buy. after this buy, you need to start using coindesk.
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ask
Legendary
Offline
Activity: 1386
Merit: 1004
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July 17, 2015, 10:21:44 AM |
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buy 276.08
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RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
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July 17, 2015, 12:19:35 PM |
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buy 277
buy 276.08
I will buy however, @ 275.72 BA This is my last trade using BA if I'm not mistaken.
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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July 17, 2015, 12:29:42 PM |
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buy 277
buy 276.08
I will buy however, @ 275.72 BA This is my last trade using BA if I'm not mistaken. That's correct.
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Bitcoin = Gold on steroids
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BombaUcigasa
Legendary
Offline
Activity: 1442
Merit: 1005
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July 17, 2015, 12:30:43 PM |
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BUY @ 274.47
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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July 17, 2015, 12:43:46 PM |
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If someone hodl money until the end of year he will have the arbitrage advantage.
What about force a buy using BTC average and a sell using coindesk after some time, for those who still hodl money?
there is always that risk, but there is an 8h gap between 2 trades, so it isn't very likely Not what I meant, but you will see sooner or later, when the ranking position will be wrong because people decided to take advantage of the arbitrage by hodling USD BTC could be at $500 or $200 at the end of this year, the arbitrage opportunity is too small compared to the volatility of BTC to make a significant difference to your overall ranking by hodling USD for a long time in order to try and profit from the difference between BA and Coindesk price. If you hold USD and price increases to $500 and you then buy back in a difference of a couple bucks between the two averages won't really matter. Same if price drops to $200 instead.
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Bitcoin = Gold on steroids
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muna
Member
Offline
Activity: 89
Merit: 10
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July 17, 2015, 01:02:36 PM |
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buy @276.07 (bitcoinaverage)
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dnaleor (OP)
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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July 17, 2015, 02:10:36 PM |
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I'll do an update tonight.
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Wary
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July 17, 2015, 10:30:34 PM |
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sell @278.25 in case it is really wedge
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Fairplay medal of dnaleor's trading simulator.
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BombaUcigasa
Legendary
Offline
Activity: 1442
Merit: 1005
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July 17, 2015, 11:22:23 PM |
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BUY @ 274.47
SELL @ 278.08
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