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Topic: Hand on the Leverage Long Gox Button (Read 2443 times)

sr. member
Activity: 448
Merit: 250
February 19, 2014, 09:42:55 PM
#22
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.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
February 19, 2014, 06:33:07 PM
#21
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?
sr. member
Activity: 448
Merit: 250
February 18, 2014, 07:43:35 PM
#20
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.
member
Activity: 119
Merit: 10
February 18, 2014, 06:09:38 PM
#19
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
legendary
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
February 18, 2014, 05:56:18 PM
#18

""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.
newbie
Activity: 22
Merit: 0
February 18, 2014, 05:45:05 PM
#17
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
hero member
Activity: 504
Merit: 500
Moderator
February 18, 2014, 05:39:56 PM
#16
"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
sr. member
Activity: 266
Merit: 250
February 18, 2014, 05:34:28 PM
#15
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
legendary
Activity: 1106
Merit: 1007
Hide your women
February 18, 2014, 05:29:55 PM
#14
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.
hero member
Activity: 728
Merit: 500
February 18, 2014, 05:25:06 PM
#13
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)
member
Activity: 119
Merit: 10
February 18, 2014, 05:11:51 PM
#12
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
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
February 18, 2014, 12:02:41 PM
#11
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.
sr. member
Activity: 448
Merit: 250
February 18, 2014, 12:00:13 PM
#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!

That site was down for almost the entire of last week, why should I start putting in now?
sr. member
Activity: 448
Merit: 250
February 18, 2014, 11:59:25 AM
#9
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?
member
Activity: 119
Merit: 10
February 18, 2014, 11:52:56 AM
#8
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!
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
February 18, 2014, 11:52:25 AM
#7
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.
sr. member
Activity: 448
Merit: 250
February 18, 2014, 11:48:54 AM
#6
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.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
February 18, 2014, 11:47:12 AM
#5
where is your stoploss OP?
member
Activity: 119
Merit: 10
February 18, 2014, 11:39:09 AM
#4
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
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
February 16, 2014, 08:52:00 PM
#3
Live by leverage, die by leverage. Good luck.
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