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Topic: How many of you have been Zhoutonged? - page 9. (Read 26392 times)

legendary
Activity: 1246
Merit: 1016
Strength in numbers
December 20, 2011, 06:40:23 AM
With those fast movements and shallow order book they _have_ to have big spreads, or Bitcoinica risks losing a lot of money on spikes. They would effectively be Zhoutonging themselves! I agree that those big spreads suck as a trader, though  Sad

Why not liquidate at Gox and give the customer whatever price they actually got?
hero member
Activity: 686
Merit: 500
Bitbuy
December 20, 2011, 06:14:27 AM
With those fast movements and shallow order book they _have_ to have big spreads, or Bitcoinica risks losing a lot of money on spikes. They would effectively be Zhoutonging themselves! I agree that those big spreads suck as a trader, though  Sad
legendary
Activity: 1692
Merit: 1018
December 20, 2011, 06:11:52 AM
So when all these forced buy bitcoins are actually bought in Mt.Gox market at any price around $4.1-4.5, the all difference goes into Bitcoinica's pocket?

The casino always wins.  It's an unregulated market in the financial equivalent of the Wild West.
full member
Activity: 143
Merit: 100
December 20, 2011, 03:17:55 AM
Let me get this correct... So when the price spiked up and people were trading on Mt.Gox at $4.5,  Zhoutong's genius matching algorithm put the buy price at a $1 spread and force liquidate people's position at $4.9 Huh??  Angry

So when all these forced buy bitcoins are actually bought in Mt.Gox market at any price around $4.1-4.5, the all difference goes into Bitcoinica's pocket?

I've been Zhoutonged good!!!
hero member
Activity: 630
Merit: 500
December 20, 2011, 02:39:35 AM
I'm up like 20% for the day.  No zhoutongin' fo' me.
legendary
Activity: 4760
Merit: 1283
December 20, 2011, 01:14:45 AM

If getting 'zhoutonged' means getting reamed using Bitcoinica, what would be a good word for doubling one's money on the same platform?


zhoubling your money?




Your suggestion scales best.  Needed because I've now zhoudrupled my money.

I'll re-iterate that a monkey could do OK on Bitcoinica if they guess right.  I'll take a breather to see if things retract a bit, then try yet again to loose it all.
sr. member
Activity: 431
Merit: 251
December 20, 2011, 01:01:19 AM
Count me in Smiley

legendary
Activity: 1764
Merit: 1002
December 20, 2011, 12:58:55 AM

LOL!  Way to go Zhoutong.  I'm rooting for you. Wink
vip
Activity: 490
Merit: 502
legendary
Activity: 1764
Merit: 1002
December 20, 2011, 12:54:43 AM
How many?
legendary
Activity: 4760
Merit: 1283
December 01, 2011, 03:33:14 AM
What is it if you quadrupled your money in 2 weeks...

Usually 'being full of shit.'

and ended up being liquidated out of stubbornness?   

Wiser than before.

hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
December 01, 2011, 02:05:29 AM
What is it if you quadrupled your money in 2 weeks and ended up being liquidated out of stubbornness?  

That is of course referred to as being zhoufucked.
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
December 01, 2011, 01:36:06 AM
Bamboozled?  Cheesy
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
December 01, 2011, 01:33:30 AM
What is it if you quadrupled your money in 2 weeks and ended up being liquidated out of stubbornness?   
hero member
Activity: 630
Merit: 500
December 01, 2011, 12:49:02 AM
Maybe time to rehash an old meme?



sr. member
Activity: 387
Merit: 250
November 30, 2011, 08:38:55 PM

If getting 'zhoutonged' means getting reamed using Bitcoinica, what would be a good word for doubling one's money on the same platform?


zhoubling your money?


legendary
Activity: 1764
Merit: 1002
November 30, 2011, 08:04:41 PM
first link when searching for "zhoutonged" on google is this thread.


Nice! We've made him a star gentlemen.

can i get royalty off his profits?
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
November 30, 2011, 08:02:55 PM
first link when searching for "zhoutonged" on google is this thread.


Nice! We've made him a star gentlemen.
donator
Activity: 2772
Merit: 1019
November 30, 2011, 08:00:52 PM
first link when searching for "zhoutonged" on google is this thread.
legendary
Activity: 1764
Merit: 1002
November 30, 2011, 07:46:23 PM

If getting 'zhoutonged' means getting reamed using Bitcoinica, what would be a good word for doubling one's money on the same platform?



That of course would be referred to as "Being zhoutong".

friggin hilarious!
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