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Topic: [Daily Speculation Poll] :: UP UP UP! (Read 2361 times)

hero member
Activity: 602
Merit: 508
Firstbits: 1waspoza
March 05, 2012, 05:00:01 AM
#24
I chickened out and went ahead and took my profits.

Secret rocket will leave you behind now.  Wink
legendary
Activity: 2198
Merit: 1311
March 04, 2012, 02:17:00 PM
#23
assuming that you added the $13 odd to your margin, then about $54 profit which is nada shoddy, over 6% return on your capital in short time even with extra wide Bitcoinica spreads - also just out of interest were your limit sell orders staggered or a single one for 200 BTC?

A single one for 200BTC.
donator
Activity: 3108
Merit: 1166
March 04, 2012, 02:13:22 PM
#22
assuming that you added the $13 odd to your margin, then about $54 profit which is nada shoddy, over 6% return on your capital in short time even with the extra wide Bitcoinica spreads - also just out of interest were your limit sell orders staggered or just a single one for 200 BTC?
legendary
Activity: 2198
Merit: 1311
March 04, 2012, 02:00:14 PM
#21
just out of interest did you liquidate your position or do it with limit sell orders? No screenie prior to cashing out I suppose?

Limit sell orders.  I didn't take a screenie before.  Here's a shot of what my account looks like after:

donator
Activity: 3108
Merit: 1166
March 04, 2012, 01:54:29 PM
#20
just out of interest did you liquidate your position or do it with limit sell orders? No screenie available prior to cashing out I suppose?

as for regretting it, who knows short term but with that base & ZT price (which you could keep adjusting up all being well by removing margin) then I'd have just left it to snooze until 2013 & started some new Bitcoinica accounts positions
legendary
Activity: 2198
Merit: 1311
March 04, 2012, 01:46:30 PM
#19
I chickened out and went ahead and took my profits.
legendary
Activity: 2198
Merit: 1311
March 04, 2012, 10:57:54 AM
#18
I updated the helper extension:


hero member
Activity: 994
Merit: 1000
March 04, 2012, 09:31:13 AM
#17
proudhon, all in all that trade is just as likely to make money as any short done after the big hack unless the timing
for their short was immaculate. Meaning a short at 4.80 on bitcoinica.. and even then to get out of that short would
only give you a 10 cent profit per BTC. Nothing like many people who shorted expected to happen in my opinion.

I am sitting here deciding if the short I did was a waste of time and just want out at a small profit or break even.

Yes...It seems Zhou has decided to gouge his customers by upping the required BTC depth to around 2.5k BTC, whereas before this theft it was around 1k btc.

This means larger spreads and basically 50% higher fees ($15 per 100btc buy/sell). I think he might be taking the piss a little bit. I realize he has to recover his losses, but this is turning me off a little bit.
donator
Activity: 3108
Merit: 1166
March 04, 2012, 09:08:53 AM
#16
WTF with the min price in your pic here proudhon ??
Even if it doesn't factor in the recent addition of swaps, it totally off ...

If my math is correct, your margin call/liquidation price (taking into account swap) is 2.8/2.66
Can someone confirm ? Just want to be sure my math is good


ignoring the swaps, I make his ZT price $2.6366

the (pre swaps) formulae for calculating the ZT price is:

entry field 1: Long / Short
entry field 2: Current Bid (changes to Ask if you've entered Short)
entry field 3: Net Value
entry field 4: Maintenance
entry field 5: Amount
entry field 6: BTC Balance

The calc then does the formulae:

F1 = Long
F2 - (F3 - F4) / (F5 + F6) = ZT

F1 = Short
F2 + (F3 - F4) / (F5 - F6) = ZT
hero member
Activity: 616
Merit: 502
March 04, 2012, 08:42:16 AM
#15
I confirm that I had the same error. But I will not publish here my order-book  Cheesy Cheesy
legendary
Activity: 2198
Merit: 1311
March 04, 2012, 08:36:36 AM
#14
WTF with the min price in your pic here proudhon ??
Even if it doesn't factor in the recent addition of swaps, it totally off ...

If my math is correct, your margin call/liquidation price (taking into account swap) is 2.8/2.66
Can someone confirm ? Just want to be sure my math is good



It's from an old version of Bitcoin Helper extension that I hadn't updated/uninstalled.
sr. member
Activity: 434
Merit: 251
March 04, 2012, 08:28:09 AM
#13
WTF with the min price in your pic here proudhon ??
Even if it doesn't factor in the recent addition of swaps, it totally off ...

If my math is correct, your margin call/liquidation price (taking into account swap) is 2.8/2.66
Can someone confirm ? Just want to be sure my math is good

donator
Activity: 3108
Merit: 1166
March 03, 2012, 08:23:14 PM
#12
Don't drink and trade, kids.



Oops.

you want to upload the latest version of the ZT price (Min.price/Liq.price) script to take in to account of the swaps introduction, actually I wish that the script made it ZT.price as the field there

PS long with a $4.78 base price may be stuff of legend if you let it run to towards the end of year
legendary
Activity: 2072
Merit: 1001
March 03, 2012, 08:11:01 PM
#11
proudhon, all in all that trade is just as likely to make money as any short done after the big hack unless the timing
for their short was immaculate. Meaning a short at 4.80 on bitcoinica.. and even then to get out of that short would
only give you a 10 cent profit per BTC. Nothing like many people who shorted expected to happen in my opinion.

I am sitting here deciding if the short I did was a waste of time and just want out at a small profit or break even.
legendary
Activity: 2198
Merit: 1311
March 03, 2012, 07:47:45 PM
#10
Don't drink and trade, kids.



Oops.
hero member
Activity: 616
Merit: 502
March 03, 2012, 12:41:37 AM
#9
Of course it was just a coincidence that the hack happened while I was trolling for a drop.  And in the interest of full disclosure, I was actually long on bitcoinica and just wanted to improve my base price.  Things were looking fairly bullish to me.  I closed the bitcoinica position about 30 minutes before I sold everything on MtGox.
Ha - Ha! I'm surprised! This frank confession!  Shocked  Question: Why? Now no one will believe ..
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
March 03, 2012, 12:17:53 AM
#8
i had the best night guys!


I LOVE YOU ALL  Roll Eyes Cool Shocked Grin

went out and is now piss drunk
 Cheesy BUY BUY BUY
legendary
Activity: 2198
Merit: 1311
March 02, 2012, 10:03:31 PM
#7
that boat has sailed and won't be coming back for a long time

I agree.  Not this year.  I think $7.20 will be the 2012 high.

Most recent sell-off is a barely noticable blip, and yet the incident that triggered it was far worse than Tradehill closing its doors IMO.


Your attempt at triple-reverse psychology will troll me no longer.

Of course it was just a coincidence that the hack happened while I was trolling for a drop.  And in the interest of full disclosure, I was actually long on bitcoinica and just wanted to improve my base price.  Things were looking fairly bullish to me.  I closed the bitcoinica position about 30 minutes before I sold everything on MtGox.

A troll within a troll within a troll.   Shocked
legendary
Activity: 826
Merit: 1001
rippleFanatic
March 02, 2012, 09:51:40 PM
#6
that boat has sailed and won't be coming back for a long time

I agree.  Not this year.  I think $7.20 will be the 2012 high.

Most recent sell-off is a barely noticable blip, and yet the incident that triggered it was far worse than Tradehill closing its doors IMO.


Your attempt at triple-reverse psychology will troll me no longer.

Of course it was just a coincidence that the hack happened while I was trolling for a drop.  And in the interest of full disclosure, I was actually long on bitcoinica and just wanted to improve my base price.  Things were looking fairly bullish to me.  I closed the bitcoinica position about 30 minutes before I sold everything on MtGox.
legendary
Activity: 2198
Merit: 1311
March 02, 2012, 09:01:59 PM
#5
that boat has sailed and won't be coming back for a long time

I agree.  Not this year.  I think $7.20 will be the 2012 high.
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