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Topic: Wall Observer - MtGoxUSD wall movement tracker - page 737. (Read 1811606 times)

sr. member
Activity: 462
Merit: 250
Clown prophet
jgarzik turning on device

[01:19] It's on.  Finding a DHCP address.
[01:19] *Found
[01:19] Loud
[01:19] But works with American voltage.
[01:32] My, that's a pretty web interface on the ASIC miner.
legendary
Activity: 1764
Merit: 1002
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Expect some fairly hefty buy orders appearing next week, avalon is only taking BTC for batch #2.

i thought they're selling starting thursday?

Actually tomorrow, but people get their pay on the 1.st, wire it to mtgox and buy at market price.
420
hero member
Activity: 756
Merit: 500
Expect some fairly hefty buy orders appearing next week, avalon is only taking BTC for batch #2.

i thought they're selling starting thursday?
420
hero member
Activity: 756
Merit: 500
thanks guys. proud to be regular part of the 2nd hottest thread;

http://blockchained.com/
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Expect some fairly hefty buy orders appearing next week, avalon is only taking BTC for batch #2.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
I lent myself some bitcoin so i could SHORT!  Grin

How many did you borrow and what date and time will you be returning them?

i borrowed 10BTC, i was able to convince myself to be able to pay back the loan in USD (195$) or BTC (10BTC), unlimited time-frame

sweet deal eh?   Tongue
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
thanks ad. i was wondering when someone would notice
THE FIRST APPARENT ASIC WAS JUST RECEIVED BY A CUSTOMER





this is big news!

link?
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪

Very sad  Sad that my little "trick" went unnoticed... so I'll spell it out.  Recheck the wiki page:
http://en.wikipedia.org/wiki/Short_%28finance%29


Haha, you changed it.  Good on you!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
I lent myself some bitcoin so i could SHORT!  Grin
legendary
Activity: 1246
Merit: 1010
Impress your friends!  Instead of "selling" do a "covered short"!  And why base yourself in obsolete fiat currencies?  

Buying bitcoin is soooo prosaic.  Instead you'll want to do a covered short sale of USD.  Grin

Very sad  Sad that my little "trick" went unnoticed... so I'll spell it out.  Recheck the wiki page:
http://en.wikipedia.org/wiki/Short_%28finance%29
Quote
In finance short selling (also known as shorting or going short) is the practice of selling securities or other financial instruments that are not currently owned, with the intention of subsequently repurchasing them ("covering") at a lower price. In the event of an interim price decline, the short seller will profit, since the cost of repurchase will be less than the proceeds received upon the initial (short) sale.


legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪

Last try, then I give up...
The wikipedia page also says : " The potential loss on a short sale is theoretically unlimited in the event of an unlimited rise in the price of the instrument, however in practice the short seller will be required to post margin or collateral to cover losses, and any inability to do so on a timely basis would cause its broker or counterparty to liquidate the position."

Now: if you just sold stuff that you already own, there wouldn't be theoretically unlimited losses (it says "losses", not "absence of profit"). 
Moreover: if you just sold stuff that you already own: why would you have to give a broker collateral? 
And how could he "liquidate your position"?  Would he randomly decide at some point to buy shares or bitcoins that you sold before, just for the fun of it?  Do you see how nonsensical all of this sounds without the assumption that you are selling something that you didn't own in the first place?

yup you got me there

420
hero member
Activity: 756
Merit: 500
thanks ad. i was wondering when someone would notice
THE FIRST APPARENT ASIC WAS JUST RECEIVED BY A CUSTOMER



legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner



i would like to see this one with like bitcoins in his eyes when he freaks out   Cheesy



Pay me: 13qvP8vSEKPxLHXNPeHtCE4TGgZFaZU6am

+0.00016 BTC
+0.00016 BTC

sry i have very little bitcoin because i have been selling bitcoin with intention to buy back lower. ( not to be confused with shorting, cuz that would be just WRONG! -_- )
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
No.

I refuse to cover a short at a loss
I will continue to short more as we go up.

You are just selling. Why try to make it sound like something else? Selling != Short Selling. The extra word provides extra meaning!

http://www.investopedia.com/terms/s/shortselling.asp#axzz2JUgmjkCF

I refuse your definition

http://en.wikipedia.org/wiki/Short_%28finance%29
Quote
the practice of selling securities or other financial instruments, with the intention of subsequently repurchasing them ("covering") at a lower price. In the event of an interim price decline, the short seller will profit, since the cost of repurchase will be less than the proceeds received upon the initial (short) sale.

Last try, then I give up...
The wikipedia page also says : " The potential loss on a short sale is theoretically unlimited in the event of an unlimited rise in the price of the instrument, however in practice the short seller will be required to post margin or collateral to cover losses, and any inability to do so on a timely basis would cause its broker or counterparty to liquidate the position."

Now: if you just sold stuff that you already own, there wouldn't be theoretically unlimited losses (it says "losses", not "absence of profit"). 
Moreover: if you just sold stuff that you already own: why would you have to give a broker collateral? 
And how could he "liquidate your position"?  Would he randomly decide at some point to buy shares or bitcoins that you sold before, just for the fun of it?  Do you see how nonsensical all of this sounds without the assumption that you are selling something that you didn't own in the first place?

yup you got me there
legendary
Activity: 2478
Merit: 1362
No.

I refuse to cover a short at a loss
I will continue to short more as we go up.

You are just selling. Why try to make it sound like something else? Selling != Short Selling. The extra word provides extra meaning!

http://www.investopedia.com/terms/s/shortselling.asp#axzz2JUgmjkCF

I refuse your definition

http://en.wikipedia.org/wiki/Short_%28finance%29
Quote
the practice of selling securities or other financial instruments, with the intention of subsequently repurchasing them ("covering") at a lower price. In the event of an interim price decline, the short seller will profit, since the cost of repurchase will be less than the proceeds received upon the initial (short) sale.

Adam, you did also the same mistake on a S.Dice shares thread...
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
No.

I refuse to cover a short at a loss
I will continue to short more as we go up.

You are just selling. Why try to make it sound like something else? Selling != Short Selling. The extra word provides extra meaning!

http://www.investopedia.com/terms/s/shortselling.asp#axzz2JUgmjkCF

I refuse your definition

http://en.wikipedia.org/wiki/Short_%28finance%29
Quote
the practice of selling securities or other financial instruments, with the intention of subsequently repurchasing them ("covering") at a lower price. In the event of an interim price decline, the short seller will profit, since the cost of repurchase will be less than the proceeds received upon the initial (short) sale.

Last try, then I give up...
The wikipedia page also says : " The potential loss on a short sale is theoretically unlimited in the event of an unlimited rise in the price of the instrument, however in practice the short seller will be required to post margin or collateral to cover losses, and any inability to do so on a timely basis would cause its broker or counterparty to liquidate the position."

Now: if you just sold stuff that you already own, there wouldn't be theoretically unlimited losses (it says "losses", not "absence of profit").  
Moreover: if you just sold stuff that you already own: why would you have to give a broker collateral?  
And how could he "liquidate your position"?  Would he randomly decide at some point to buy shares or bitcoins that you sold before, just for the fun of it?  Do you see how nonsensical all of this sounds without the assumption that you are selling something that you didn't own in the first place?
legendary
Activity: 1260
Merit: 1000
Drunk Posts



i would like to see this one with like bitcoins in his eyes when he freaks out   Cheesy



Pay me: 13qvP8vSEKPxLHXNPeHtCE4TGgZFaZU6am

Lets see him puking bitcoind instead of light Grin
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