It's quite common to see goal orientated analysis on the Bitcoin forum. It goes something like this: "Bitcoin is going up, so what reasons can I find for it doing so?" and "Bitcoin didn't go up as it should have, what reasons can I find for it not behaving the way I expected?"
Bitcoinica is the latest in a long string of entities blamed with either failing to pump the price up, or clamping the rise. Bitcoinica has replaced 'the manipulator'. On the up side, The Good Wife failed to produce thousands of eager new bitcoin customers right after they saw the show (despite claims by many this would happen).
Bitcoinica is the latest in a long string of entities blamed with either failing to pump the price up, or clamping the rise. Bitcoinica has replaced 'the manipulator'. On the up side, The Good Wife failed to produce thousands of eager new bitcoin customers right after they saw the show (despite claims by many this would happen).
You dont understand the internals of whats going on with bitcoinica..
Its a bucket shop, with very little leverage, that makes a sign when they are out of leverage..
This is the equivalent to poker and telling your opponent your hidden cards..
Bitcoinica is a huge player on mtgox, it stands to reason, people with the money are heavily abusing this mirror under the poker table..
The starfish to me is just saying bitcoinica is offering too much leverage if they cant afford to give it to everyone when they ask for it..
And if you actually play with bitcoinica, you'll notice that you cant cash out when its profitable, because they have no funds left..
I good rule would be to have as much in leverage for everyone to go to their max leverage, what ever that is..
If you cant do that, dont offer as much leverage, its getting ridiculous..
I don't use bitcoinica, but that directly contradicts Zhou. He says positions can always be closed, * means you can't borrow to lever.
