Topic: [Trading Simulator] A fun & free Speculation Game - SWITCH TO BPI ON JULY 15 !!! - page 22. (Read 241399 times)
July 12, 2015, 07:57:30 AM
Scoreboard updated!
July 12, 2015, 07:56:41 AM
I'm going to do another update today. Things are changing very quickly now with BTC gaining back its volatility so faster updates are required to keep the scoreboard accurate. The fight for 1st place is really getting interesting now. 
thx!
I'll do the next one just before the switch to BPI (around midnight the 14th to 15th)
new page, so I repost this:
Quote
Switch from BAV (Bitcoin averagere) to BPI (coindesk) on july 15
Hi!
We decided that we want to use the more accurate Bitcoin Price Index published at coindesk in stead of the Bitcoinaverage.com quote.
Why:
*historical data for checking trades
*bitcoinaverage includes the volatile localbitcoins, making the rate less reliable
*having less confusion about which rate to take from the website.
How?
before july 15, everybody keeps using the BAV price as explained in the opening post.
On july 15, everyone who has a BTC balance, will start using the BPI price publsihed at coindesk (see below)
If your balance is in fiat on july 15th, your next (BUY) trade will be using the BAV price. After that, you start using the BPI.
(this eliminates possible arbitraging profits by selling before we make the switch)
Practical:
To make the transition as smooth as possible, your fiat balance will be colored in blue on the scoreboard until you buy at BAV price.
For btc balances, no coloring will happen, because these balances are immediatly transferred to the BPI.
The scoreboard will publish the coindesk price, but remember, those exchange rate is only indicative. You ALWAYS need to check the current rate at the website. Don't rely on the rate published on the scoreboard, because this only refreshes once every hour.
the coindesk BPI can be found here: http://www.coindesk.com/price/
Printscreen:
In this example, we use 269.34 USD, NOT the 24h price (269.08 USD)
Hi!
We decided that we want to use the more accurate Bitcoin Price Index published at coindesk in stead of the Bitcoinaverage.com quote.
Why:
*historical data for checking trades
*bitcoinaverage includes the volatile localbitcoins, making the rate less reliable
*having less confusion about which rate to take from the website.
How?
before july 15, everybody keeps using the BAV price as explained in the opening post.
On july 15, everyone who has a BTC balance, will start using the BPI price publsihed at coindesk (see below)
If your balance is in fiat on july 15th, your next (BUY) trade will be using the BAV price. After that, you start using the BPI.
(this eliminates possible arbitraging profits by selling before we make the switch)
Practical:
To make the transition as smooth as possible, your fiat balance will be colored in blue on the scoreboard until you buy at BAV price.
For btc balances, no coloring will happen, because these balances are immediatly transferred to the BPI.
The scoreboard will publish the coindesk price, but remember, those exchange rate is only indicative. You ALWAYS need to check the current rate at the website. Don't rely on the rate published on the scoreboard, because this only refreshes once every hour.
the coindesk BPI can be found here: http://www.coindesk.com/price/
Printscreen:
In this example, we use 269.34 USD, NOT the 24h price (269.08 USD)
July 12, 2015, 06:44:34 AM
I'm going to do another update today. Things are changing very quickly now with BTC gaining back its volatility so faster updates are required to keep the scoreboard accurate. The fight for 1st place is really getting interesting now.
July 11, 2015, 10:15:43 PM
Just noticed I'm first % of gains-wise again.
May you consider make another ranking to the biggest % profit, or give some honorific prize to the biggest % score
(making a new post because I don't want to invalidate my trade with an edit)
May you consider make another ranking to the biggest % profit, or give some honorific prize to the biggest % score
(making a new post because I don't want to invalidate my trade with an edit)
July 11, 2015, 10:08:54 PM
panic sell @300.24
July 11, 2015, 09:53:14 PM
sell @300.35
July 11, 2015, 09:18:45 PM
sell @ 301.16
July 11, 2015, 08:58:55 PM
I feel sad for those who are holding fiat now
^^ Indeed well now it's fun to watch though to see if the momentum will push it up even farther today
It's a good day to watch the market in my opinion.
July 11, 2015, 08:55:11 PM
I feel sad for those who are holding fiat now
July 11, 2015, 08:53:39 PM
Bah and it just passes 300 nice barrier broken (Waits 8 hours lol) Now I regret selling oh well its going up since it passed the wall ^_^ good for actual coins
Apologies for the double don't want to alter the other one since it has an order in it.
$300.32USD U_U
(Also $15 dollars and 20 cents to go guys and we reach the screenshot price from when this game started
)
Apologies for the double don't want to alter the other one since it has an order in it.
$300.32USD U_U
(Also $15 dollars and 20 cents to go guys and we reach the screenshot price from when this game started
) July 11, 2015, 08:51:34 PM
I just had to do it since its being a tease
SELL @ 299.83
Wanted 300 on the dot but close enough
SELL @ 299.83
Wanted 300 on the dot but close enough
July 11, 2015, 04:23:45 PM
Hmm, have i been inactive?
yes, but luckily, the first "miss" is alowed
so you didn't loose any balance.
July 11, 2015, 03:39:11 PM
Hmm, have i been inactive?
July 11, 2015, 03:19:08 PM
It's very tempting to try and bet on a correction to ~280 here but I'm too scared the price is going to explode big time very soon. I've already burned myself by selling at $277 earlier, even though there was a correction to $263 afterwards I sadly waited too long to buy back and take the profit. Not gonna make the same mistake twice, I can feel the bulls' silent rage and once they start stomping it's too late to run. 
LTC went up 400% in a short period of time, while BTC only went up like 20-25% in the same time period so far... not saying BTC will do +400% as well but 100-200% is definitely possible imo. Don't wanna miss out on that.
LTC went up 400% in a short period of time, while BTC only went up like 20-25% in the same time period so far... not saying BTC will do +400% as well but 100-200% is definitely possible imo. Don't wanna miss out on that. same. Although I won't FOMO now, I will buy > 300 or < 250. I still think <250 can happen next week.
July 11, 2015, 03:05:11 PM
It's very tempting to try and bet on a correction to ~280 here but I'm too scared the price is going to explode big time very soon. I've already burned myself by selling at $277 earlier, even though there was a correction to $263 afterwards I sadly waited too long to buy back and take the profit. Not gonna make the same mistake twice, I can feel the bulls' silent rage and once they start stomping it's too late to run. LTC went up 400% in a short period of time, while BTC only went up like 20-25% in the same time period so far... not saying BTC will do +400% as well but 100-200% is definitely possible imo. Don't wanna miss out on that.
LTC went up 400% in a short period of time, while BTC only went up like 20-25% in the same time period so far... not saying BTC will do +400% as well but 100-200% is definitely possible imo. Don't wanna miss out on that. July 11, 2015, 09:55:06 AM
Sell @ 296.23
July 11, 2015, 07:46:20 AM
buy @293.91
July 11, 2015, 02:46:33 AM
new page, so I report this:
Quote
Switch from BAV (Bitcoin averagere) to BPI (coindesk) on july 15
Hi!
We decided that we want to use the more accurate Bitcoin Price Index published at coindesk in stead of the Bitcoinaverage.com quote.
Why:
*historical data for checking trades
*bitcoinaverage includes the volatile localbitcoins, making the rate less reliable
*having less confusion about which rate to take from the website.
How?
before july 15, everybody keeps using the BAV price as explained in the opening post.
On july 15, everyone who has a BTC balance, will start using the BPI price publsihed at coindesk (see below)
If your balance is in fiat on july 15th, your next (BUY) trade will be using the BAV price. After that, you start using the BPI.
(this eliminates possible arbitraging profits by selling before we make the switch)
Practical:
To make the transition as smooth as possible, your balance will be colored in blue on the scoreboard until you buy at BAV price.
The scoreboard will publish the coindesk price, but remember, those exchange rate is only indicative. You ALWAYS need to check the current rate at the website. Don't rely on the rate published on the scoreboard, because this only refreshes once every hour.
the coindesk BPI can be found here: http://www.coindesk.com/price/
Printscreen:
In this example, we use 269.34 USD, NOT the 24h price (269.08 USD)
Hi!
We decided that we want to use the more accurate Bitcoin Price Index published at coindesk in stead of the Bitcoinaverage.com quote.
Why:
*historical data for checking trades
*bitcoinaverage includes the volatile localbitcoins, making the rate less reliable
*having less confusion about which rate to take from the website.
How?
before july 15, everybody keeps using the BAV price as explained in the opening post.
On july 15, everyone who has a BTC balance, will start using the BPI price publsihed at coindesk (see below)
If your balance is in fiat on july 15th, your next (BUY) trade will be using the BAV price. After that, you start using the BPI.
(this eliminates possible arbitraging profits by selling before we make the switch)
Practical:
To make the transition as smooth as possible, your balance will be colored in blue on the scoreboard until you buy at BAV price.
The scoreboard will publish the coindesk price, but remember, those exchange rate is only indicative. You ALWAYS need to check the current rate at the website. Don't rely on the rate published on the scoreboard, because this only refreshes once every hour.
the coindesk BPI can be found here: http://www.coindesk.com/price/
Printscreen:
In this example, we use 269.34 USD, NOT the 24h price (269.08 USD)
July 11, 2015, 12:58:07 AM
buy @ 291.06
ughhh, fomo trade
ughhh, fomo trade
July 11, 2015, 12:09:42 AM
hummm if I sell I'll be probably top3 again, but not for long if the bulls decide to overrun the 300 barrier.
That moment when you don't know what to do
That moment when you don't know what to do
I'm looking at if the price stops at the 00 or if it passes it based on momentum with a +-2 day target
Been more less in the range of 1-5 spot for quite some time the only difference now is that of those not in cash there are only 2 people with a slightly higher BTC balance than I have from when we closed positions the last time it moved significantly
hehe its a game of chicken being in the top 6 right now. any winner will put you in the lead but you could be left a long way down the scoreboard if you get left behind.
True but unlike Litecoins 50% 1 day drop i'm not pissing in my boots yet at this pace
Jump to: