Bitcoin and everything associated with it. The home of cryptomaniacs and their adversaries. - page 254
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http://professionali.ru/Soobschestva/it-specialisty/genprokuratura-fsb-i-mvd-vzjalis-za-bitkojny/
they, the financial power brokers, are afraid that the "universal equivalent, measure of value and means of accumulation" might not be under their control.
they, the financial power brokers, are afraid that the "universal equivalent, measure of value and means of accumulation" might not be under their control.
Yeah, that's about right. And rightly so.
interesting times these days.
"Dear participants of the project BTC-e.com!
Due to the decisions made in relation to cryptocurrency in Russia, work with Qiwi is suspended indefinitely, as well as with other payment systems in Russia.
All financial obligations will be fulfilled in full by the available methods without charging any additional fees.
We recommend you to use system okpay (USD, EUR), the interest on a conclusion on it is reduced to zero.
We apologize for any inconvenience.
Regards support btc-e.com".
https://btc-e.com/news/195
a little bit about the short:
bought nimes 84.6963 coins at 5.136 apiece
From then on, the deposit currency is neimes.
by some artful manipulation on the shorts I traded up to 89.91 i.e. ~6.16%
during this period naim fell from 5.136 to 4.4, i.e. ~14.33%.
in the currency of the deposit (neem) we have ~6.16% profit
in fiat the loss is not ~14.33% as it would be if we would not play from the short, but only ~9.05%
i.e. in such a way (at shorts) it is possible to trade crypto more than it will fall than just sit and wait till it will grow, and i will get profits in fiat.
SZZ: exactly the same strategy with the same initial deposit (in fiat), but with the currency of deposit USD traded ~ 7.62%, if you add everything together, the loss will be 1.43%
which can easily be repaid after 3-6 trades, or if neime will rise ~ by 3%, which is very likely.
There is a chance thatMt Gox will not resume withdrawals on Monday ,
which means there's only Sunday left to get rid of bitcoin at a still fairly high price...There is a possibility thatMt Gox will not resume withdrawals on Monday ,