Zhou: how's this volatility affecting your clients?
Those who trade on margin have already been wiped out long ago.
I don't see any significant problems even if the price increase to $4 or decrease to $1.5.
Topic: How many of you have been Zhoutonged? - page 13. (Read 26392 times)
Those who trade on margin have already been wiped out long ago.
I don't see any significant problems even if the price increase to $4 or decrease to $1.5.
Zhou: how's this volatility affecting your clients?
mtgoxlives's connected = 918
somethings brewing...
somethings brewing...
I set all the university computers' homepages to mtgoxlive. I think you're right that something's brewing, but it's more likely a bunch of people are tuning in for the entertainment of the exchange value falling back to where it started.
Do you really think it'll go to 6 cents again?!
mtgoxlives's connected = 918
somethings brewing...
somethings brewing...
I set all the university computers' homepages to mtgoxlive. I think you're right that something's brewing, but it's more likely a bunch of people are tuning in for the entertainment of the exchange value falling back to where it started.
i don't suppose you're feeling the Squeeze are you?
No, I'm not. I'm happily up, without a single margin call. And I don't suppose you just ignore all legitimate demolitions of your non-factual claims, do you? (If you don't, please tell me how margin calls are the fault of big, bad Bitcoinica again?)
mtgoxlives's connected = 918
somethings brewing...
somethings brewing...
the other thing you're up against is being Zhoutonged. with all this volatility at this relatively low price level, shorts will be taken out and shot at each spike in volatility. its you or him.
Like I said, your hopes of seeing $30 are unrealistic. You certainly have more to gain in an upswing, but that's only if bitcoin actually survives.
Second, you really, really need to stop acting like you know what you're talking about. It's extremely easy for an inexperienced trader to calculate relative volatility over the last month, and figure out how far they should be leveraged to avoid a margin call. Margin calls are the mistake of the investor, not the evil of the broker.
i don't suppose you're feeling the Squeeze are you?
the other thing you're up against is being Zhoutonged. with all this volatility at this relatively low price level, shorts will be taken out and shot at each spike in volatility. its you or him.
Like I said, your hopes of seeing $30 are unrealistic. You certainly have more to gain in an upswing, but that's only if bitcoin actually survives.
Second, you really, really need to stop acting like you know what you're talking about. It's extremely easy for an inexperienced trader to calculate relative volatility over the last month, and figure out how far they should be leveraged to avoid a margin call. Margin calls are the mistake of the investor, not the evil of the broker.
i think we're going higher based upon the number of investors logged in at mtgox (double normal), the volatile up spikes occurring more frequently, the reappearance of the bid wall, my sense that alot of USD were wired to mtgox at the end of last week, and whats occurring in the general economy via the USD fall resuming, the UST selloff, and the overall RISK ON sentiment.
Bitcoin is so volatile I really don't see why people want to short it. Today we saw the price go from $2.83 to $2.44 to $3 and back to $2.64 within 2 hours. One super spike can wipe out most positions.
Pick any moment in time and bitcoin could be worth 20% less or 20% more within minutes. Impossible to predict.
Pick any moment in time and bitcoin could be worth 20% less or 20% more within minutes. Impossible to predict.
Because some of those who got in early on the short, and truly believe Bitcoin will tank, stand to make a lot of money if they're right.
How is this any different than those who go long, besides the usual SKY'S THE LIMIT! thinking (which is stupid and unrealistic)?
the other thing you're up against is being Zhoutonged. with all this volatility at this relatively low price level, shorts will be taken out and shot at each spike in volatility. its you or him.
Bitcoin is so volatile I really don't see why people want to short it. Today we saw the price go from $2.83 to $2.44 to $3 and back to $2.64 within 2 hours. One super spike can wipe out most positions.
Pick any moment in time and bitcoin could be worth 20% less or 20% more within minutes. Impossible to predict.
Pick any moment in time and bitcoin could be worth 20% less or 20% more within minutes. Impossible to predict.
Because some of those who got in early on the short, and truly believe Bitcoin will tank, stand to make a lot of money if they're right.
How is this any different than those who go long, besides the usual SKY'S THE LIMIT! thinking (which is stupid and unrealistic)?
b/c at this price a shorts profit limit stops at zero compared to if we go back to $30 the pain would be enormous by comparison.
Bitcoin is so volatile I really don't see why people want to short it. Today we saw the price go from $2.83 to $2.44 to $3 and back to $2.64 within 2 hours. One super spike can wipe out most positions.
Pick any moment in time and bitcoin could be worth 20% less or 20% more within minutes. Impossible to predict.
Pick any moment in time and bitcoin could be worth 20% less or 20% more within minutes. Impossible to predict.
Because some of those who got in early on the short, and truly believe Bitcoin will tank, stand to make a lot of money if they're right.
How is this any different than those who go long, besides the usual SKY'S THE LIMIT! thinking (which is stupid and unrealistic)?
Bitcoin is so volatile I really don't see why people want to short it. Today we saw the price go from $2.83 to $2.44 to $3 and back to $2.64 within 2 hours. One super spike can wipe out most positions.
Pick any moment in time and bitcoin could be worth 20% less or 20% more within minutes. Impossible to predict.
Pick any moment in time and bitcoin could be worth 20% less or 20% more within minutes. Impossible to predict.
Today's volatility is indeed amazing.
Just look at Bitcoinica's volume today.
Bitcoin is so volatile I really don't see why people want to short it. Today we saw the price go from $2.83 to $2.44 to $3 and back to $2.64 within 2 hours. One super spike can wipe out most positions.
Pick any moment in time and bitcoin could be worth 20% less or 20% more within minutes. Impossible to predict.
Pick any moment in time and bitcoin could be worth 20% less or 20% more within minutes. Impossible to predict.
I don't know about you guys, but I like to short straddle my BTC. All the time. Unlimited profit!
I don't know about you guys, but I like to short straddle my ladies. All the time. Unlimited pleasure!
That reminds me, whatever happened to Bitoption?
I would like to do that too, if there were any reliable place to make options contracts. 
I don't know about you guys, but I like to short straddle my BTC. All the time. Unlimited profit!
This is why trading options is better than shorting. With option trading, your loss is limited and you don't get margin calls.
For once, I agree with you Nagle.
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