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Topic: Get $1 Risk-free Starting Bonus for Bitcoinica Here - page 5. (Read 20268 times)

hero member
Activity: 683
Merit: 500
signed up.
Username: Skull88
full member
Activity: 215
Merit: 105
Poorer than I ought to be
I signed up for Bitcoinica as Marhjan

Looking forward to trying it out - thanks!
vip
Activity: 490
Merit: 502
zhoutong,
I tried searching for the fees (if any) that you charge.  Is it only the Mt Gox fees of 0.6% or do you have some as well?
Lets say I take that $1 and purchase bitcoin at the rate of $2.5228, then if there were no fees I would get 0.3963 BTC.  So the fee of 0.6% from Mt Gox would be 0.6% or about 0.02378 of those bitcoin.  How much would you take? 
An example would be appreciated.

Currently you can't buy Bitcoins on Bitcoinica. Just like you can't buy oil by buying oil contracts. You are actually buying BTC/USD. (Perhaps you can read about Forex first.)

We don't charge fees. Everything is inclusive in the spread. Currently the price is 2.59988 / 2.66387, you can buy at 2.66387 and sell at 2.59988.
hero member
Activity: 518
Merit: 500
Registered with username "brendio".
full member
Activity: 149
Merit: 100
zhoutong,
I tried searching for the fees (if any) that you charge.  Is it only the Mt Gox fees of 0.6% or do you have some as well?
Lets say I take that $1 and purchase bitcoin at the rate of $2.5228, then if there were no fees I would get 0.3963 BTC.  So the fee of 0.6% from Mt Gox would be 0.6% or about 0.02378 of those bitcoin.  How much would you take? 
An example would be appreciated.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
a short squeeze that targets Bitcoinica is almost impossible.

I'm not sure that is an accurate statement.  Great site anyway though.
vip
Activity: 490
Merit: 502
Thank you for your support!

Looks like a great site.  I'm sure it will function as a great way to hedge any holdings while waiting for transfers to take place. 

I'd be interested to know how many shares are sold short at any given time.  Do you have any plans to make that information publicly available?

It's not available because the information contains confidential financial data of Bitcoinica and our customers.

Since we only post the volume, but not the positions that our customers actually hold, a short squeeze that targets Bitcoinica is almost impossible.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Thank you for your support!

Looks like a great site.  I'm sure it will function as a great way to hedge any holdings while waiting for transfers to take place. 

I'd be interested to know how many shares are sold short at any given time.  Do you have any plans to make that information publicly available?
vip
Activity: 490
Merit: 502
All credited with $1.

Thank you for your support!
full member
Activity: 149
Merit: 100
tinman951
I am looking forward to this.  With stop orders who can lose.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Registered as OgNasty
full member
Activity: 122
Merit: 100
ryled
vip
Activity: 490
Merit: 502
All credited!

Thank you for your support and happy trading!
sr. member
Activity: 369
Merit: 250
MaxSan

Looking forwrad to trying out your service.
newbie
Activity: 9
Merit: 0
xenon5
newbie
Activity: 42
Merit: 0
If this is still being offered, I registered as 'saethan'

I did hit 'buy' just curious to see what would happen if I did so with an empty account, hope that insufficient margin order isn't going to effect me in any way.  Tongue

I'm willing to throw a small portion of my mined btc at learning how this works.
vip
Activity: 490
Merit: 502
Thank you everyone for your support. I have credited all of you.

Also thank you johnj for the explanation.
pc
sr. member
Activity: 253
Merit: 250
Just signed up with username "pc".

Thank you.
sr. member
Activity: 574
Merit: 250
Registered as TikiGod. Thanks in advance, look forward to trading with you.
legendary
Activity: 1493
Merit: 1003
Oh!!! That's what have escaped me...
Now it makes sense!!
Thanks, johnj!
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