Post
Topic
Board Speculation
Re: How many of you have been Zhoutonged?
by
cypherdoc
on 01/03/2015, 00:06:47 UTC
It's important to know that currently we always have a chain of forced liquidations, because forced liquidations will push the price to trigger more forced liquidations. We will just make sure that they are fully hedged in the market and the prices are reasonable.

so how do you define "reasonable"?

no offense but your business model is doomed.  especially since mtgox, the major exchange, is going to be offering similar hedging options.  you will always be one step behind them in reacting to volatility as they will be the HFT and you will be the retail equivalent.

not to be mean but i think you're offering to reverse trades for those customers wiped out in the last ramp b/c if you don't your client base will never return and you need to keep them alive and in the game.

this is going to keep happening over and over again. 

I was wrong.  It eventually stopped.