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OK, I am getting out at $170 from the BTC side (losing 1600$) and putting a stop loss for LTC at ten times of my original 26 penny price, so at 2.6$. So I am locking in 9000-1600=7400 profit...
The unrealized loss in the previous post was calculated incorrectly...
LTC is at $3.8 (the peak was 5.4$ about 4 days ago)
Reminds me of when I thought apple was a good buy at $10 but wanted to keep steady with what I had. appl $20 - ugh missed that pop.. appl $30 - oh well... had my chance
lets get a remote viewing group going
thinking about taking profits Mr. bitcoin money bags?
ive been hacked since '10 (sounds crazy... i know) and cant even a avoid a redirect to check the official bitcoin charts "502 forbidden"
Hope it is OK to post this. Sierra Chart now has Bitcoin market data support from MTGox. We are going to be working on trading support over the next month as well.
I want to personally thank you guys for being so proactive with this, I know you have had a ton of issues implementing the Gox feed (it sucks!). You have a lot of supporters in the BTC community, and of course here on futures.io (formerly BMT). Thank you very much for providing this option to me. Also, I love being able to run Sierra in Wine if and when I want to .
Kraken is a new US based Bitcoin exchange that announced their beta after the Coinlab vs Mt.Gox suit. They are promising to offer 1:10 margins and shorting, they have the capabilities to tap into Mt. Gox liquidity but time will tell if Gox is stable enough for them to carry it, and if they don't block them.
I played around with the Beta (they give you play money), by far the most comprehensive BTC exchange offering stops! and conditional orders. They have been in development for a couple of years and appear to have the proper backing to pull this off, claiming to have their money transmitter licenses in the states. I would wait until they are out of Beta and update the site (it was rushed out) before taking them too seriously.