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Topic: $162 Bitfinex [2015-AUG-18] - page 2. (Read 4032 times)

hero member
Activity: 812
Merit: 512
August 18, 2015, 10:18:17 PM
#44


The next game will be hit 500$  Grin
still positive thinking



Its like….. it was$179.00 for 1 minute ONLY, enough time for one shark to buy up all that he wants…. Angry
legendary
Activity: 1120
Merit: 1000
August 18, 2015, 10:12:34 PM
#43
Damn, somebody made my day! Cheesy
Had a bunch of orders just sleeping at 175 Cheesy

What can i say... thanks?!
so are you want to sell for short term ? or hold it ?
sr. member
Activity: 392
Merit: 250
August 18, 2015, 09:59:41 PM
#42
Damn, somebody made my day! Cheesy
Had a bunch of orders just sleeping at 175 Cheesy

What can i say... thanks?!

Trollish doom posts by night while sleeping on some lowball bids... heh.

Even the trolls love Bitcoin. Why else would they waste so much time?
legendary
Activity: 1092
Merit: 1000
August 18, 2015, 09:54:50 PM
#41
Woah that was fun!
legendary
Activity: 1120
Merit: 1000
August 18, 2015, 09:43:43 PM
#40


The next game will be hit 500$  Grin
still positive thinking
full member
Activity: 196
Merit: 100
August 18, 2015, 09:43:34 PM
#39
FUCK MY LIFE! HAD BUY ORDER AT 161!!!!!!!!!!!!!
hero member
Activity: 812
Merit: 512
August 18, 2015, 09:41:58 PM
#38
Ya but double digits Huh It popped right back up to 235-240 didn't stay down too long
legendary
Activity: 1568
Merit: 1001
August 18, 2015, 09:38:04 PM
#37
Interesting, glad I have a pocket full of cash that keeps growing to buy some decently marked down coins. Too bad trollypop went silent cause this could and might get even better.
legendary
Activity: 1442
Merit: 1186
August 18, 2015, 09:35:37 PM
#36
Holy smokes! Volatility is back! I expected a down turn with all the XT nonsense but I never thought it would go this low. Hope some people here were able to get some coins below $200.

XT is going to bring the market to its knees, no doubt. I have orders sitting in low double digits.

That would be awesome to pick up coins that cheap, good luck to you! I'm thinking of putting in a short, but I'm terrible at trading. If I put in a short today the price would launch to $300 tomorrow.   Cheesy
hero member
Activity: 742
Merit: 500
August 18, 2015, 09:32:38 PM
#35
Holy smokes! Volatility is back! I expected a down turn with all the XT nonsense but I never thought it would go this low. Hope some people here were able to get some coins below $200.

XT is going to bring the market to its knees, no doubt. I have orders sitting in low double digits.

Demand for Bitcoin should pretty much collapse imo cuz nobody is that mad buying in this situation except these 5 to 10 hardcore bagholders on this board. Good luck holding up that marketcap with your 5 friends. Time to realize you have been ripped off by Gavin.
sr. member
Activity: 440
Merit: 250
August 18, 2015, 09:32:33 PM
#34
https://www.reddit.com/r/Bitcoin/comments/3hj1nh/bitfinex_ceo_interview_just_after_the_flash_crash/

And finex CEO is on our ts answering questions : ts.whaleclub.io
legendary
Activity: 1442
Merit: 1186
August 18, 2015, 09:31:01 PM
#33
Holy smokes! Volatility is back! I expected a down turn with all the XT nonsense but I never thought it would go this low. Hope some people here were able to get some coins below $200.
hero member
Activity: 742
Merit: 500
August 18, 2015, 09:29:10 PM
#32
Price gonna keep dropping all the way to double digits due to the threat of forking it in two chains.

Can't fool the market with that crap. Could well be the end of Bitcoin if stuff gets out of hand - and it is already.

Maybe you should educate yourself a bit more about the whole XT thing...
I thought exactly like you, turns out i was very ignorant of what was actually going on..

I know very good about Gavincoin and how full of shit this community is. No need to educate me.


on topic: finex was a whale rage quit obviously. Not finex fault or insider stuff imo. Normal trading action. A whale just dumped on ya and more to come.
legendary
Activity: 1694
Merit: 1024
August 18, 2015, 09:19:01 PM
#31
A move like this is most likely due to insider trading.  I'm assuming someone inside bitfinex saw an opportunity to crash the market and trigger a majority of margin calls.  A lot of little guys just lost everything so a whale could have a snack.  I hope some lessons in margin trading were learned.
I was thinking the same thing.

Margin trading is poison to me.
On /r/Bitcoin there's a post mentioning that a single user on BitFinex sold of 20,000 of the 30,000 BTC sold during that quick crash, so it sounds like the other 10k were lost due to margin trading, and people panic selling as well.

I'm guessing there are some pretty frustrated people right now who just learnt a difficult lesson about margin trading. On another note though, it was amazing to see how quickly the price dropped. I was lucky to be watching Bitcoin Wisdom right as the price dropped to $162 and then make its way back up to "normal levels" again.
member
Activity: 109
Merit: 10
August 18, 2015, 09:14:19 PM
#30
Price gonna keep dropping all the way to double digits due to the threat of forking it in two chains.

Can't fool the market with that crap. Could well be the end of Bitcoin if stuff gets out of hand - and it is already.

Maybe you should educate yourself a bit more about the whole XT thing...
I thought exactly like you, turns out i was very ignorant of what was actually going on..

The problem with bitcoiners is they think everyone knows exactly how btc works.  Do you think anyone gives a shit how their car works, tv, or anything else they use; nope.

What is going on, a crazy guy fucking btc, or a sane guy saying how btc is broken and needs to be improved?

So I either get to buy something a crazy guy can fuck with, or I buy something that is broken, and still may not be fixed if it doesn't get enough nodes or whatever.  

What great fucking options!    
hero member
Activity: 812
Merit: 512
August 18, 2015, 09:13:43 PM
#29
Price gonna keep dropping all the way to double digits due to the threat of forking it in two chains.

Can't fool the market with that crap. Could well be the end of Bitcoin if stuff gets out of hand - and it is already.

Maybe you should educate yourself a bit more about the whole XT thing...
I thought exactly like you, turns out i was very ignorant of what was actually going on..


Double digits means no bitcoins basically Huh
legendary
Activity: 1937
Merit: 1001
August 18, 2015, 08:59:48 PM
#28
Price gonna keep dropping all the way to double digits due to the threat of forking it in two chains.

Can't fool the market with that crap. Could well be the end of Bitcoin if stuff gets out of hand - and it is already.

Maybe you should educate yourself a bit more about the whole XT thing...
I thought exactly like you, turns out i was very ignorant of what was actually going on..
member
Activity: 109
Merit: 10
August 18, 2015, 08:51:18 PM
#27
A move like this is most likely due to insider trading.  I'm assuming someone inside bitfinex saw an opportunity to crash the market and trigger a majority of margin calls.  A lot of little guys just lost everything so a whale could have a snack.  I hope some lessons in margin trading were learned.
I was thinking the same thing.

Margin trading is poison to me.

Not like the bitfinex owner, or whomever openly admitted to trading on the exchange or anything a few months ago lol  Roll Eyes
Who knows maybe the xt douchers are all short, maybe they are all self rightous morons that think they are saving the world?
I'm not interested in playing catch the falling btc right now.
hero member
Activity: 742
Merit: 500
August 18, 2015, 08:47:49 PM
#26
Price gonna keep dropping all the way to double digits due to the threat of forking it in two chains.

Can't fool the market with that crap. Could well be the end of Bitcoin if stuff gets out of hand - and it is already.
hero member
Activity: 812
Merit: 512
August 18, 2015, 08:45:04 PM
#25
WTF is goin on  Huh
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