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Topic: Massive short positions are forming... - page 3. (Read 3541 times)

full member
Activity: 126
Merit: 100
October 07, 2014, 01:49:17 PM
#4
I have been watching the exchanges since last night & I notice everytime it gets past 330 it quickly get shot down with huge <BTC100 orders. Now that margin accounts and shorting exist it seems people are betting even more coins than they have, that the btc price will continue to go down. Maybe someone with a lot of coins keep building a short order like he did at $300 with that huge BTC30k wall??? Im sending out a nice tip to whoever can help me find out who is causing this

At the moment I think there is only an high manipulation  so be careful when you buy some btc Wink

Very true... My neighbor was so excited he bought in at 340, Called me hysterical about how it is off to the moon now! I don't get why you guys rush at every dead cat bounce we have. These are all bull traps in case you guys haven't seen this before! This coin is slowly crawling back to the realistic price before anything like mt gox or their willy bot hit the scene
donator
Activity: 784
Merit: 1000
October 07, 2014, 01:47:17 PM
#3
OP, I know you are shorting. But, who cares? Smiley

Recent manipulatuon was so blatant that nobody will shit their pants when someone dumps insane amounts.

 If some dumb whale dumps 50k coins and eats all the asks, it would not mean that "bitcoin is dead", it will mean only cheap coins for us.
legendary
Activity: 1778
Merit: 1043
#Free market
October 07, 2014, 01:37:26 PM
#2
I have been watching the exchanges since last night & I notice everytime it gets past 330 it quickly get shot down with huge <BTC100 orders. Now that margin accounts and shorting exist it seems people are betting even more coins than they have, that the btc price will continue to go down. Maybe someone with a lot of coins keep building a short order like he did at $300 with that huge BTC30k wall??? Im sending out a nice tip to whoever can help me find out who is causing this

At the moment I think there is only an high manipulation  so be careful when you buy some btc Wink
full member
Activity: 126
Merit: 100
October 07, 2014, 01:30:44 PM
#1
I have been watching the exchanges since last night & I notice everytime it gets past 330 it quickly get shot down with huge <BTC100 orders. Now that margin accounts and shorting exist it seems people are betting even more coins than they have, that the btc price will continue to go down. Maybe someone with a lot of coins keep building a short order like he did at $300 with that huge BTC30k wall??? Im sending out a nice tip to whoever can help me find out who is causing this
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