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June 26, 2014, 09:43:16 PM

I wasn't implying this, I haven't explored this thought. If someone was manipulating this way, it would be extremely expensive to maintain with interest of 0.1-0.2% per day at least.

It seems to me those long positions have been built (in substantial part at least) below $600. Since finex allows only 2:1 leverage they not be zhou-tonged above $300. Correct?

1) 2.5 lever, I thought.

2) You're forgetting the substantial interest rate on USD

3) There might be some 'safety net' for the margin requirements... don't know. Any active finex traders can clarify?

4) I hoped as well that most of them got in sub-600, but I'm not so sure anymore.
Thing is that a cascade (positive feedback loop) can be triggered at a certain point depending on bid depth. So you'd need to know the point that would start the chain reaction, and not the point that the most optimal buyers (and yeah, interest rate goes on top of that) went in.