Hand on the Leverage Long Gox Button

theonewhowaskazu

sr. member

Activity: 448

Merit: 250

Quote from: ElectricMucus on February 19, 2014, 06:33:07 PM

Quote from: theonewhowaskazu on February 18, 2014, 07:43:35 PM

Quote from: ElectricMucus on February 18, 2014, 12:02:41 PM

Quote from: theonewhowaskazu on February 18, 2014, 11:59:25 AM

Quote from: ElectricMucus on February 18, 2014, 11:52:25 AM

Seriously why don't you just take a loan and buy on gox, that ~~wouldn't be as reckless.~~ would be as reckless but you wouldn't have to deal with another shady, possible fraudulent entity.

Because btc.sx isn't anywhere near as fraudulent as gox itself, and its hard as fck to get a fiat loan on Gox itself, and it would be stupid to borrow fiat and promptly exchange it for devalued gox bux?

In a way you are planning to do just that, only you borrow the fiat with worse conditions.

You're borrowing Gox Fiat, at Gox Fiat collateral rates, with a promise of repaying Gox fiat. Not borrowing real fiat and exchanging it for Gox fiat.

If you put it like that it makes sense.

But then do you expect to see anything of these "funds" in any useable form again?

I dont care, I don't intend to do anything with gox fiat except occasionally owe it.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: theonewhowaskazu on February 18, 2014, 07:43:35 PM

Quote from: ElectricMucus on February 18, 2014, 12:02:41 PM

Quote from: theonewhowaskazu on February 18, 2014, 11:59:25 AM

Quote from: ElectricMucus on February 18, 2014, 11:52:25 AM

Seriously why don't you just take a loan and buy on gox, that ~~wouldn't be as reckless.~~ would be as reckless but you wouldn't have to deal with another shady, possible fraudulent entity.

Because btc.sx isn't anywhere near as fraudulent as gox itself, and its hard as fck to get a fiat loan on Gox itself, and it would be stupid to borrow fiat and promptly exchange it for devalued gox bux?

In a way you are planning to do just that, only you borrow the fiat with worse conditions.

You're borrowing Gox Fiat, at Gox Fiat collateral rates, with a promise of repaying Gox fiat. Not borrowing real fiat and exchanging it for Gox fiat.

If you put it like that it makes sense.

But then do you expect to see anything of these "funds" in any useable form again?

theonewhowaskazu

sr. member

Activity: 448

Merit: 250

Quote from: ElectricMucus on February 18, 2014, 12:02:41 PM

Quote from: theonewhowaskazu on February 18, 2014, 11:59:25 AM

Quote from: ElectricMucus on February 18, 2014, 11:52:25 AM

Seriously why don't you just take a loan and buy on gox, that ~~wouldn't be as reckless.~~ would be as reckless but you wouldn't have to deal with another shady, possible fraudulent entity.

Because btc.sx isn't anywhere near as fraudulent as gox itself, and its hard as fck to get a fiat loan on Gox itself, and it would be stupid to borrow fiat and promptly exchange it for devalued gox bux?

In a way you are planning to do just that, only you borrow the fiat with worse conditions.

You're borrowing Gox Fiat, at Gox Fiat collateral rates, with a promise of repaying Gox fiat. Not borrowing real fiat and exchanging it for Gox fiat.

thest0ckman

member

Activity: 119

Merit: 10

Quote from: ledmaniak on February 18, 2014, 05:34:28 PM

Short button is enabled. Tried clicking a dozen of times. Constantly saying "Your request could not be completed.".

They earn probably more by shorting themselves and then manipulating a bit... Angry

thank you for answering me

HairyMaclairy

legendary

Activity: 1414

Merit: 2174

Degenerate bull hatter & Bitcoin monotheist

Quote from: billyjoeallen on February 18, 2014, 05:29:55 PM

""Smart men go broke three ways - liquor, ladies and leverage" ~Charlie Munger

If you can fly it, float it or #%^ it, lease it don't buy it.

hugoooo

newbie

Activity: 22

Merit: 0

Quote from: TERA on February 18, 2014, 05:25:06 PM

Can you depost real btc to btc.sx and then use them buy gox btc at gox prices? For example can I send 1 BTC and buy 2.5 goxbtc? (This is not about leverage, its about rates)

nope. 1 BTC = 1 BTC

fonzie

hero member

Activity: 504

Merit: 500

Moderator

"My BTC.sx order was liquidated before hitting the stop/limit prices?"

"There are some very weird things happening at BTC.sx.. They are in the same building as mtgox, maybe that explains...

I heard lot of positions were liquidated due to price manipulation today and yesterday. "

https://bitcointalksearch.org/topic/my-btcsx-order-was-liquidated-before-hitting-the-stoplimit-prices-473478

You might think twice before using their service. Wink

ledmaniak

sr. member

Activity: 266

Merit: 250

Short button is enabled. Tried clicking a dozen of times. Constantly saying "Your request could not be completed.".

They earn probably more by shorting themselves and then manipulating a bit... Angry

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: smoothie on February 16, 2014, 08:52:00 PM

Live by leverage, die by leverage. Good luck.

""Smart men go broke three ways - liquor, ladies and leverage" ~Charlie Munger

of course Munger also called Bitcoin "rat poison", so take it FWIW.

TERA

hero member

Activity: 728

Merit: 500

Can you depost real btc to btc.sx and then use them buy gox btc at gox prices? For example can I send 1 BTC and buy 2.5 goxbtc? (This is not about leverage, its about rates)

thest0ckman

member

Activity: 119

Merit: 10

can you guys please tell me if your buttons are still off when accessing btc.sx

also, are you saying 1broker was down? i am new to that site but i thought it was cool so i posted my link

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: theonewhowaskazu on February 18, 2014, 11:59:25 AM

Quote from: ElectricMucus on February 18, 2014, 11:52:25 AM

Seriously why don't you just take a loan and buy on gox, that ~~wouldn't be as reckless.~~ would be as reckless but you wouldn't have to deal with another shady, possible fraudulent entity.

Because btc.sx isn't anywhere near as fraudulent as gox itself, and its hard as fck to get a fiat loan on Gox itself, and it would be stupid to borrow fiat and promptly exchange it for devalued gox bux?

In a way you are planning to do just that, only you borrow the fiat with worse conditions.

theonewhowaskazu

sr. member

Activity: 448

Merit: 250

Quote from: thest0ckman on February 18, 2014, 11:52:56 AM

are the buy and sell buttons on for you guys?

DID YOU KNOW YO CAN NOW TRADE STOCKS,METALS & FOREX WITH BITCOIN? IT IS FINALLY HERE, CHECK MY SIGNATURE LINKS!

That site was down for almost the entire of last week, why should I start putting in now?

theonewhowaskazu

sr. member

Activity: 448

Merit: 250

Quote from: ElectricMucus on February 18, 2014, 11:52:25 AM

Seriously why don't you just take a loan and buy on gox, that ~~wouldn't be as reckless.~~ would be as reckless but you wouldn't have to deal with another shady, possible fraudulent entity.

Because btc.sx isn't anywhere near as fraudulent as gox itself, and its hard as fck to get a fiat loan on Gox itself, and it would be stupid to borrow fiat and promptly exchange it for devalued gox bux?

thest0ckman

member

Activity: 119

Merit: 10

are the buy and sell buttons on for you guys?

DID YOU KNOW YO CAN NOW TRADE STOCKS,METALS & FOREX WITH BITCOIN? IT IS FINALLY HERE, CHECK MY SIGNATURE LINKS!

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Seriously why don't you just take a loan and buy on gox, that ~~wouldn't be as reckless.~~ would be as reckless but you wouldn't have to deal with another shady, possible fraudulent entity.

theonewhowaskazu

sr. member

Activity: 448

Merit: 250

I haven't actually pulled the trigger yet, I think I'm going to wait until Wednesday evening Japan time. I'd like to catch the initial run up without having to pay btc.sx's ridiculous financing fees.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

where is your stoploss OP?

thest0ckman

member

Activity: 119

Merit: 10

i pulled my money out via two withdraws both within 24 hour time frame as they promised.

no need to keep money there if i cannot trade it.

once trading buttons are on again i will redeposit

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Live by leverage, die by leverage. Good luck.

Topic: Hand on the Leverage Long Gox Button (Read 2447 times)