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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26291. (Read 26718208 times)

hero member
Activity: 742
Merit: 500
14th August shorts were 2,766 now they are 7,050 thats an increase of 154.88%

Yup. I think we know this isn't the real deal this time. BUT, those shorting might get squeezed anyways on the volatility... and, if they get squeezed hard enough, what shouldn't have been the rally becomes the rally. So... the plot thickens. Dangerous market right now.

TL;DR - Either the shorts know something that we don't know, or they are absolutely stupid as fuck.
Not stupid, the market clearly wants to go down for now. We'll drop in the next few days. Bottom around 400 or a little bit less. then recovery.

donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
Well Ripple will dominate the crytoworld soon and you all know it deep inside of you even if you're too dumb to get it yet =D

 Grin Grin Grin






wait, your serious?!?   Shocked




 Cool

Of course. People like you they just don't know. Smiley
hero member
Activity: 742
Merit: 500
Orderbooks on Bitfinex and Stamp and the graphs indicate that the market is betting on another drop soon enough, I'm guessing down to $400-$380 looking at the support that formed around that area.

Then it will probably recover.


That would also benefit the bulls later on since there will be a lot of longs taken out.
sr. member
Activity: 364
Merit: 250
when this thing turns its going to be VIOLENT, the manipulation is totally unsustainable, when is the breaking point is the question.

Sodled when you should've hodled? Noob.

My new favorite poster!
sr. member
Activity: 249
Merit: 250
Well Ripple will dominate the crytoworld soon and you all know it deep inside of you even if you're too dumb to get it yet =D

 Grin Grin Grin






wait, your serious?!?   Shocked




 Cool
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
Well Ripple will dominate the crytoworld soon and you all know it deep inside of you even if you're too dumb to get it yet =D

Is there any chance you own a ton of those 'ripple' you are talking about?  Shocked

Knowing that ripple will rule the world soon of course I do at much as I can of this network.
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
Well Ripple will dominate the crytoworld soon and you all know it deep inside of you even if you're too dumb to get it yet =D

Is there any chance you own a ton of those 'ripple' you are talking about?  Shocked
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
Well Ripple will dominate the crytoworld soon and you all know it deep inside of you even if you're too dumb to get it yet =D
legendary
Activity: 1414
Merit: 1000
14th August shorts were 2,766 now they are 7,050 thats an increase of 154.88%

Yup. I think we know this isn't the real deal this time. BUT, those shorting might get squeezed anyways on the volatility... and, if they get squeezed hard enough, what shouldn't have been the rally becomes the rally. So... the plot thickens. Dangerous market right now.

TL;DR - Either the shorts know something that we don't know, or they are absolutely stupid as fuck.

exactly what I think, or it is some sort of manipulation
hero member
Activity: 686
Merit: 500
Ultranode
If the shorts/longs work anything like bid/ask walls, then both sides are deceptive and probably controlled by the same person or group. Lots of shorts appears bearish to noobs and is therefore bullish.

 Wink Cheesy  Cool
legendary
Activity: 3794
Merit: 5474
14th August shorts were 2,766 now they are 7,050 thats an increase of 154.88%

Yup. I think we know this isn't the real deal this time. BUT, those shorting might get squeezed anyways on the volatility... and, if they get squeezed hard enough, what shouldn't have been the rally becomes the rally. So... the plot thickens. Dangerous market right now.

TL;DR - Either the shorts know something that we don't know, or they are absolutely stupid as fuck.
full member
Activity: 182
Merit: 100
14th August shorts were 2,766 now they are 7,050 thats an increase of 154.88%

7k in buys would theoretically take us back to 580.
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner


lets keep in mind bitfinx was about 1/100th the size, post bubble.

long term we see increasing demand for longs while demand for shorts is decreasing.

bullish?
full member
Activity: 238
Merit: 100
14th August shorts were 2,766 now they are 7,050 thats an increase of 154.88%

Yup. I think we know this isn't the real deal this time. BUT, those shorting might get squeezed anyways on the volatility... and, if they get squeezed hard enough, what shouldn't have been the rally becomes the rally. So... the plot thickens. Dangerous market right now.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
It's hilarious really.  Folks are borrowing Bitcoins to sell (short) to holders, who are taking them off-exchange into cold storage.  It will be hard to find cheap Bitcoins when the shorts have to cover.


Volume is really to thin to be sanely trading leveraged to any serious degree.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
A little flashback on the altcoin market which seems to be going to shit pretty soon Grin



No XRP?
legendary
Activity: 1400
Merit: 1013
I wouldn't be surprised to learn that Coinbase now buys from BTCChina, instead of Stamp.
That would make a lot of sense.
hero member
Activity: 686
Merit: 500
Ultranode
when this thing turns its going to be VIOLENT, the manipulation is totally unsustainable, when is the breaking point is the question.

Sodled when you should've hodled? Noob.
full member
Activity: 238
Merit: 100
when this thing turns its going to be VIOLENT, the manipulation is totally unsustainable, when is the breaking point is the question.

Violent which way? Or both?
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