I feel like these exchanges are the reason why we need a bigger backed up venture like the twins exchange to be more legit.
Less insider stuff since they have a name to protect, and how they about to launch one soon thank god.
Topic: $162 Bitfinex [2015-AUG-18] - page 3. (Read 4032 times)
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.
Damn, somebody made my day! 
Had a bunch of orders just sleeping at 175
What can i say... thanks?!
Had a bunch of orders just sleeping at 175
What can i say... thanks?!
Bitfinex crash in 1 minute candles:
Price went from 164 to 216 in the same minute.
52 dollar high-low spread on a single one minute candle.
Haven't seen action like this since April 10. 2013.
Price went from 164 to 216 in the same minute.
52 dollar high-low spread on a single one minute candle.
Haven't seen action like this since April 10. 2013.
theres no way a human reaction could of profitted that unless they had some sort of automated system.
within a minute to execute those trades is absurd so imma assume some employee did some insider stuff like the person above mentioned.
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.
Bitfinex crash in 1 minute candles:
Price went from 164 to 216 in the same minute.
52 dollar high-low spread on a single one minute candle.
Haven't seen action like this since April 10. 2013.
Price went from 164 to 216 in the same minute.
52 dollar high-low spread on a single one minute candle.
Haven't seen action like this since April 10. 2013.
tomorrow you could buy for 120 $
they will be crying who buy on bitfinnex for 162.
they will be crying who buy on bitfinnex for 162.
Btw i m holding like a boss
or to some, people think youre a mad man for holding it lol.
Me I think youre doing the right thing by supporting our network despite on these price volatile state its in.
lots of people called this the last few days.
dont listen to the perma bulls, they havent been right in the last 1.5 years...
This... dont listen to the perma bulls, they havent been right in the last 1.5 years...
Btw i m holding like a boss
lots of people called this the last few days.
dont listen to the perma bulls, they havent been right in the last 1.5 years...
dont listen to the perma bulls, they havent been right in the last 1.5 years...
Margin call cascade, whales picked up shitloads of coins from margin long positions down there.
I almost cried when I first seen it, anyways it's gone back up now.
Don't to worry bro, take this situation to get profit. I just get profit and now price up again. Dont sell your coins but buy more coins and you will get profit 
What's the reason? Can anyone explain?
Leveraged traders got busted on finex
Just got cheap coinz
damn! i expected the price to go down, but definitely not this much. glad bitstamp and btc-e didn't follow bitfinex downwards.
The gap is so huge.. I'm jealous at those bitfinex users that were quick enough to purchase the bitcoins at $170, its $194 now, bitstamp seems to be sadly following :-/ 
What's the reason? Can anyone explain?
people selling their coins.
damn! i expected the price to go down, but definitely not this much. glad bitstamp and btc-e didn't follow bitfinex downwards.
all slipped into the abyss 
Who could've thunk about this timing. My fishing hooks are not ready 
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