Author

Topic: Bitcoinica (Read 1165 times)

hero member
Activity: 994
Merit: 501
PredX - AI-Powered Prediction Market
September 13, 2011, 12:11:47 PM
#6
I deposited 2 BTC on it, and now I am toying with them...

Lost a bit of money already, and wasted some money trying options, but I think I am getting the hang of it.

Considering it is my first time doing non-limit trading, I am good Smiley (also my first time doing limit trading was on mtgox about 5 months ago).

But no, I will not throw all my BTC in there yet.
legendary
Activity: 1428
Merit: 1000
September 13, 2011, 11:18:22 AM
#5
Bitcoinica is a trading platform with options.  Looks like it just launched several days ago.  I didn't see a thread about it, so I started one.

Is anyone using it?  How well is it working?

i like it very much and i do compare prices to mtgox.
i wouldnt throw much money at it now - but i am sure they will grow.

very polite; good pr; nice interface
THIS is what bitcoin needed all the time...i cant see webpages made by geeks anymore
legendary
Activity: 2072
Merit: 1001
September 13, 2011, 10:34:36 AM
#4
I am using it but only with 10 USD to start.
Blew through 5 bucks testing things.. and then made a profitable trade using 5 dollars to make
30 cents.

Do I trust it enough to stick 500 dollars in it yet? No.
hero member
Activity: 1138
Merit: 523
September 13, 2011, 09:00:21 AM
#3
Quote
my opinion - you got to be really crazy or low-volume to use margins to play BTC market. it's volatile enough, margins trading is for low-volatility markets.

+1

But then again if you have the capital to mess with the market at the same time this could get interesting  Grin
legendary
Activity: 1176
Merit: 1010
Borsche
September 13, 2011, 01:01:25 AM
#2
https://bitcointalksearch.org/topic/a-little-lesson-learned-the-hard-way-margin-call-43713

my opinion - you got to be really crazy or low-volume to use margins to play BTC market. it's volatile enough, margins trading is for low-volatility markets.
legendary
Activity: 1870
Merit: 1023
September 13, 2011, 12:53:15 AM
#1
Bitcoinica is a trading platform with options.  Looks like it just launched several days ago.  I didn't see a thread about it, so I started one.

Is anyone using it?  How well is it working?
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