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      "body": "Hi! I am a content-detection robot. This post is to help manual curators; I have NOT flagged you.\nHere is similar content:\nhttps://www.reddit.com/r/ethtrader/comments/458bg1/psa_understanding_the_dangers_of_poloniexs_margin/",
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      "title": "PSA: Understanding The Dangers of Poloniex's Margin Trading",
      "body": "@@ -9,95 +9,104 @@\n http\n-s\n ://\n-ip.bitcointalk.org/?u=http%253A%252F%252Fi.imgur.com%252FKjhFadP.png&t=566&c=RHqq5r_96Di3UA\n+1.bp.blogspot.com/-rOmfXcxCPrQ/VRm0RuODzzI/AAAAAAAABCg/i5sJeXgAAZo/s1600/Poloniex-logo-HR.jpg\n %3C/ce\n",
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      "author": "rfbb",
      "permlink": "psa-understanding-the-dangers-of-poloniex-s-margin-trading",
      "title": "PSA: Understanding The Dangers of Poloniex's Margin Trading",
      "body": "<center>https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FKjhFadP.png&t=566&c=RHqq5r_96Di3UA</center>\n\nHi guys,\n\nMy apologies if you've already heard this.\n\nI'll be using ETH as an example, but you can replace ETH w/ any coin really. The advice still stands.\n\nPoloniex allows for margin to be posted in Ether. <em>This has some side effects that people may not be thinking about.</em>\n\nNormal margin trading has some nuance to it that new folks don't get but <em>posting your security <b>in the security you are margin trading</b> makes things even <b>more volatile</b></em>.\n\nOK so if you believe Eth will rise and you post 1 BTC (in BTC) of margin. You can buy up to 2.5x your margin in Eth. For this example, let's assume you are risk averse and only borrow 1 BTC to buy Eth with. Assuming Eth is at 0.01, you can buy 100 Eth. <b>Cool</b>. Poloniex will close your position when the price drops so that 20% of your margin + the trade value will cover the 1 BTC loan. This means that if Eth reaches 0.002 Polo will do a market sale of your Eth (netting below 0.002/Eth most likely) and will deduct the difference from you 1 BTC margin deposit. \n\n<b>This is not what will happen if you posted the margin in Eth!</b>\n\nIf you post your margin in Eth and you post 100Eth (worth 1BTC at 0.001), and you buy 100 Eth as above, Polo will estimate the liquidation price at 0.002ish. The problem is that if the Eth price falls, <b>so does the value of your margin</b>. This means that as the price drops, <b>Polo will keep upping the estimated liquidation price</b>! So in this case, if the price falls to 0.008, margin value is now only 0.8BTC and unrealized losses are -0.2BTC, this means your margin will be calculated at 60% even though the price has only dropped 20%. At a 40% drop you margin will be worth 0.6BTC, your losses will be 0.4BTC (because polo calculates the loan in BTC) and your position will be automatically closed. You 100Eth margin buy will be liquidated for < 0.6BTC and your margin will be liquidated up to the point where it can cover the original 1 BTC loan. Since the Eth price has dropped 66% (best case) of your margin will be liquidated at 0.006 to cover the difference. Leaving you with only about 33% (or less) of your original Eth! And this after half the price fluctuation you were lead to believe your margin would cover!\n\nTL;DR If you post margin in Ether and buy Ether on margin, the liquidation price is wrong! It is much closer than you suspect!",
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      "body": "That's great for me since I don't mind verification, & I want the option to trade with fiat currencies. Thanks.",
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      "parent_author": "rfbb",
      "parent_permlink": "dear-steemit-you-cannot-beat-cancer-with-fruit-steve-jobs-already-proved-it-alternative-medicine-is-a-sham",
      "author": "lariat",
      "permlink": "re-rfbb-dear-steemit-you-cannot-beat-cancer-with-fruit-steve-jobs-already-proved-it-alternative-medicine-is-a-sham-20160808t030359687z",
      "title": "",
      "body": "N of 1 anecdote/meme to \"improve the quality of science\" on Steemit. Not a single peer reviewed reference to  back up the case other than a Jobs Meme and a blog. We should make your appeal to authority argument part of the algo for steemit! \n\nBut seriously, you can't rein in quackery with half supported quackery. 25% of the pharmaceutical repertoire comes from plants but lets just \"leave it to the experts\" and bring in the anti-vaxxer parade to cement your case. Load it up with more flat earther guilt by association fallacy and everyone will follow your lead.\n\nThe flower of this plant seems to be a counter argument to your case. http://www.quantumenergetics.org/images/Cannabinoids_-_Potential_Anti-Cancer_Agents.pdf\nhttp://www.karger.com/article/fulltext/356446\n\nThere are dozens to hundreds of peer reviewed articles on cannabinoids and cancer, yet there is little acceptance from \"the experts\"....yet. These same experts used to claim cannabis is bad for you and cigarettes were good for you.\nThere is no one more vested in a cancer outcome than the patient. Do your own research. Your physician will be lucky to have 10 minutes to hear your case. You'll have the rest of your life. People who advocate an appeal to authority on cancer treatment could be considered just as irresponsible as those digging for more answers. Follow orders hoping others will think for you when its most important to think for yourself is dangerous. There is a reason many oncologists wont take the same medicine they prescribe but this critique is very circumstantial and cannot be applied generally.\n\nWithout knowing the precise molecular defect in a given tumor, you cannot provide anything other than collectivist chest pumping opinion. Get your tumor sequenced so you know what you have. \n\nYou should also know that Jobs got a liver transplant. Hardly a fruit diet. This liver transplant required tumor flaring immunosuppressants which in light of the recent success with immuno therapy, the western medicine may have been what actually killed him. \n\nHe needed mTOR inhibitors and there is ample evidence of these in plants like cannabis.\nhttp://www.scientificamerican.com/article/pancreatic-cancer-type-jobs/",
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      "body": "Prepare to be amazed\n\nhttps://steemit.com/cancer/@sukijee/the-most-important-cancer-documentary-ever",
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      "author": "hermes7",
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      "title": "",
      "body": "uhm im not a scientist or a doctor but i have to disagree with you here you might have heard of the famous G. Edward Griffin who wrote the book on the federal reserve..? \"The creature from jekyll island\" he also wrote a book called \"World without Cancer\" in which he talks about cures for cancer  ..:)\nand there are also other alternative ways for healing cancer e.g. the great  Dr. Royal Rife whos results got actually recreated recently there is even a TED talk about it  \nhttps://www.youtube.com/watch?v=1w0_kazbb_U \nand if you want to learn about why  there is so much resistence in the pharmaceutical industry id encourage you to watch this  :) \nhttps://www.youtube.com/watch?v=X6J_7PvWoMw",
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      "title": "Dear Steemit, YOU CANNOT BEAT CANCER WITH FRUIT - Steve Jobs Already Proved It! ALTERNATIVE MEDICINE is a SHAM!",
      "body": "<center>http://images.huffingtonpost.com/2015-07-17-1437155465-1424656-SteveJobs.jpg</center>\n<center><h1>YOU CANNOT BEAT CANCER WITH FRUIT</center></h1>\n<hr>\nI really don't like calling people out on their beliefs. It makes me uncomfortable, and I don't like to start arguments. BUT FOR THE LOVE OF ALL THINGS #STEEMIT, we as a community CANNOT upvote this kind of anti-scientific nonsense.\n\nhttps://steemit.com/steemit/@johnvibes/author-journalist-and-natural-cancer-fighter-john-vibes-joins-steemit\n<hr>\n<center><h2>SCIENCE ISN'T PROPOGANDA!!<h2></center>\n<hr>\nMy man, @johnvibes, I wish you all the best in life and in health, but please seek <b>REAL</b> treatment for your disease. Lymphoma is serious and my heart goes out to you.\n\nBut Steve Jobs already tried doing exactly what you're doing now; attempting to remedy his cancer with fruit, good eating habits, and holistic medicine. He had pancreatic cancer, one of the most common types of cancer with a decently high chance of survival. A combination of chemotherapy and radiation would have worked for him. But he refused it, and attempted to heal his body with an all fruit diet (among other magic mumbo jumbo). Do you know what happened to him...?\n<hr>\n<h2><center>HE FUCKING DIED</center></h2>\n\n<center>https://davidhetherington.files.wordpress.com/2011/08/steve-jobs-undead.jpg</center>\n<hr>\nThis is a free world and you're entitled to your beliefs. If you want to belief the Earth is flat, you can. If you want to believe the moon landing is fake, you can. But please, try not to spread bad information especially about terminal illnesses. It's almost on par with being an anti-vaxxer.\n\nHere is a quote from an easily google-able source:\n\n\n<blockquote>So, until better research has been done, at present we by and large aren't ready yet to accept alternative medicine except maybe for some in a supportive role while undergoing regular treatment.</blockquote>\n\n\nAnd here is that source (it's from Quora. They do a better job explaining things than I usually.) https://www.quora.com/What-do-you-think-about-alternative-medicine\n\nBut it's your body, and you're going to do your thing... but please Steemit, <em>don't upvote this type of stuff</em>. Unless... <em>you all believe you can heal cancer with fruit</em>... and Steve Jobs is the perfect example that you can't... but if you're already not listening to scientific fact... I don't know what to tell you.\n<hr>\nSigned --> A concerned #Steemian.\n<hr>",
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