Shorts on Bitfinex at a all time high! - page 8.

bitgeek

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Quote from: Morecoin Freeman on April 19, 2015, 10:57:17 AM

Shorters will get their ass margin called within 30 days. Grin

I hope not, I'm making money offering BTC for swaps Wink

Quote from: damiano on April 19, 2015, 12:06:53 PM

Quote from: Morecoin Freeman on April 19, 2015, 10:57:17 AM

Shorters will get their ass margin called within 30 days. Grin

Funny saying this as Bulls are on the verge of being called.

Let me guess, you're shorting as we speak.

damiano

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103 days, 21 hours and 10 minutes.

Quote from: Morecoin Freeman on April 19, 2015, 10:57:17 AM

Shorters will get their ass margin called within 30 days. Grin

Funny saying this as Bulls are on the verge of being called.

fred930

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Quote from: ElectricMucus on April 19, 2015, 11:18:16 AM

If you want to judge the sediment you guys are using the wrong chart.

https://bfxdata.com/sentiment/longshort

Quote

Total Active Long Swaps vs Short Swaps vs BTCUSD price (shorts expressed in USD equivalent): displays the total sum of all active swaps on bitfinex. the green area is the total sum of USD swaps over time (i.e swaps used for long positions, margin traders use USD swaps in long positions). The 2 red areas represent the total sum of BTC and LTC Swaps (i.e swaps used for short positions, margin traders use BTC / LTC swaps in short positions). To make the values better comparable I represented the sum of BTC and LTC swaps in USD worth. otherwise you would be comparing apples and oranges Wink

This chart from your link suggests to me that the ATH of BTC swaps was around mid January when the big crash happened. Is my interpretation correct?

thejaytiesto

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Quote from: fred930 on April 19, 2015, 04:02:22 AM

Quote from: knight22 on April 19, 2015, 03:23:26 AM

Quote from: SpanishSoldier on April 19, 2015, 03:14:52 AM

I am not verse with various financial instruments. Can u plz explain in short what are these Shorts, Futures are ?

It means people have borrowed and sold on the market a total of 28531.03 bitcoins hoping to buy them back at a cheaper rate and take profits. It also means these bitcoins will have to be bought back on the market at some point.

What is that likely to result in, a crash or a pump?

Pump, even tho it can always backfire and turn out worse, but all indicators are pointing towards a recovery lately. Definitely a good time to try to amass as much BTC as possible.

tokeweed

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Quote from: Morecoin Freeman on April 19, 2015, 11:15:33 AM

Quote from: tokeweed on April 19, 2015, 11:10:08 AM

Quote from: Morecoin Freeman on April 19, 2015, 10:57:17 AM

Shorters will get their ass margin called within 30 days. Grin

Exactly what I'm saying... This is the kind of thing a shorter would say or what shorters want people to be saying. They want the price to go slightly, giving them an opportunity to short higher.

Well I'm a trader and I go both long and short but for now I'm legitimately long since ~215. My last short was at 250.2

But you are right about everyone on here having their own personal agenda. Wink

Yup...

coinableS

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My last short was at 290 closed at 260 (good trade), then I went long at $250ish (BADD trade)... I suck at trading LOL Cheesy

ElectricMucus

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Marketing manager - GO MP

If you want to judge the sediment you guys are using the wrong chart.

https://bfxdata.com/sentiment/longshort

Quote

Total Active Long Swaps vs Short Swaps vs BTCUSD price (shorts expressed in USD equivalent): displays the total sum of all active swaps on bitfinex. the green area is the total sum of USD swaps over time (i.e swaps used for long positions, margin traders use USD swaps in long positions). The 2 red areas represent the total sum of BTC and LTC Swaps (i.e swaps used for short positions, margin traders use BTC / LTC swaps in short positions). To make the values better comparable I represented the sum of BTC and LTC swaps in USD worth. otherwise you would be comparing apples and oranges Wink

tarmi

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better lock your profits from this bounce.

Morecoin Freeman

hero member

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Legendary trader

Quote from: tokeweed on April 19, 2015, 11:10:08 AM

Quote from: Morecoin Freeman on April 19, 2015, 10:57:17 AM

Shorters will get their ass margin called within 30 days. Grin

Exactly what I'm saying... This is the kind of thing a shorter would say or what shorters want people to be saying. They want the price to go slightly, giving them an opportunity to short higher.

Well I'm a trader and I go both long and short but for now I'm legitimately long since ~215. My last short was at 250.2

But you are right about everyone on here having their own personal agenda. Wink

tokeweed

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Life, Love and Laughter...

Quote from: Morecoin Freeman on April 19, 2015, 10:57:17 AM

Shorters will get their ass margin called within 30 days. Grin

Exactly what I'm saying... This is the kind of thing a shorter would say or what shorters want people to be saying. They want the price to go slightly, giving them an opportunity to short higher.

Morecoin Freeman

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Shorters will get their ass margin called within 30 days. Grin

tokeweed

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Quote from: ?? on ??

Quote from: tokeweed on April 19, 2015, 08:37:13 AM

... I think no one anticipated BTC's industrial mining to happen. ...

^that. Or, rather, no one wanted to consider the consequences. Tragedy of the commons Sad

Yeah... That's always the case. Which brings me to another funny thought. We know that some people like to fud to bring the price down in order to get in lower. What if some people also like to hype in order to short higher...?

That explains the all time high of shorts and all the hyping going around here. Grin

tokeweed

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Quote from: yayayo on April 19, 2015, 07:56:54 AM

Quote from: srgkrgkj on April 19, 2015, 07:32:44 AM

Quote from: tokeweed on April 19, 2015, 07:15:52 AM

Quote from: srgkrgkj on April 19, 2015, 07:12:23 AM

edit and the falling price isnt hurting the hodlers lol, we are in it for the long temr so this short term manipulation is just a hitch in the big picture lol Tongue

It's hurting in the sense that it's making BTC look like an unattractive investment. It's hurting the miners, the small merchants who are willing to hold BTC and I'm pretty sure it's hurting the community as well because the mood is bearish.

yep thats apparent from all the doom threads lol, Bitcoin has received a lot of smack from investors because of the depreciating value :*( those relying on Bitcoin for fiat value are getting hurt Sad

Those relying on Bitcoin for fiat value need to rethink their concept of "value". What we need is a Bitcoin-only economy, where producers, suppliers, merchants and customers all use BTC without fiat conversion. Then these problems will disappear. Current economic actors should explore all available options to make steps in that direction.

Shorting Bitcoin will not work out longer term. Most of these traders will get burned sooner or later. Expect a violent upside movement when these shorts get squeezed.

ya.ya.yo!

It should start from the miners. But how can they maintain their operations without converting to fiat? I think no one anticipated BTC's industrial mining to happen. In a perfect scenario it's the people themselves who get rewarded directly by supporting the network using their home PC's.

And who says the shorts are shorting for the longterm? They are just following the trend. And right now the trend is down. The minute that reverses they cover and make a little profit.

yayayo

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Quote from: srgkrgkj on April 19, 2015, 07:32:44 AM

Quote from: tokeweed on April 19, 2015, 07:15:52 AM

Quote from: srgkrgkj on April 19, 2015, 07:12:23 AM

edit and the falling price isnt hurting the hodlers lol, we are in it for the long temr so this short term manipulation is just a hitch in the big picture lol Tongue

It's hurting in the sense that it's making BTC look like an unattractive investment. It's hurting the miners, the small merchants who are willing to hold BTC and I'm pretty sure it's hurting the community as well because the mood is bearish.

yep thats apparent from all the doom threads lol, Bitcoin has received a lot of smack from investors because of the depreciating value :*( those relying on Bitcoin for fiat value are getting hurt Sad

Those relying on Bitcoin for fiat value need to rethink their concept of "value". What we need is a Bitcoin-only economy, where producers, suppliers, merchants and customers all use BTC without fiat conversion. Then these problems will disappear. Current economic actors should explore all available options to make steps in that direction.

Shorting Bitcoin will not work out longer term. Most of these traders will get burned sooner or later. Expect a violent upside movement when these shorts get squeezed.

ya.ya.yo!

srgkrgkj

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Quote from: tokeweed on April 19, 2015, 07:15:52 AM

Quote from: srgkrgkj on April 19, 2015, 07:12:23 AM

edit and the falling price isnt hurting the hodlers lol, we are in it for the long temr so this short term manipulation is just a hitch in the big picture lol Tongue

It's hurting in the sense that it's making BTC look like an unattractive investment. It's hurting the miners, the small merchants who are willing to hold BTC and I'm pretty sure it's hurting the community as well because the mood is bearish.

yep thats apparent from all the doom threads lol, Bitcoin has received a lot of smack from investors because of the depreciating value :*( those relying on Bitcoin for fiat value are getting hurt Sad

tokeweed

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Quote from: srgkrgkj on April 19, 2015, 07:12:23 AM

edit and the falling price isnt hurting the hodlers lol, we are in it for the long temr so this short term manipulation is just a hitch in the big picture lol Tongue

It's hurting in the sense that it's making BTC look like an unattractive investment. It's hurting the miners, the small merchants who are willing to hold BTC and I'm pretty sure it's hurting the community as well because the mood is bearish.

Amph

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Quote from: Morecoin Freeman on April 19, 2015, 05:30:39 AM

Yea ~215 was the bottom of the dump. Going up since and the shorters not buying back now will be squeezed in a couple of days. Happy trading!

if that is the real bottom, then we are increase with a good price corretion, because the last bottom was 180 a month ago, $35+ in a month isn't bad at all

Quote from: srgkrgkj on April 19, 2015, 07:12:23 AM

edit and the falling price isnt hurting the hodlers lol, we are in it for the long temr so this short term manipulation is just a hitch in the big picture lol Tongue

as long as the falling price is higher than the previous falling price, than holders should feel safe

srgkrgkj

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edit and the falling price isnt hurting the hodlers lol, we are in it for the long temr so this short term manipulation is just a hitch in the big picture lol Tongue

tokeweed

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Quote from: molecular on April 19, 2015, 06:54:12 AM

Quote from: tokeweed on April 19, 2015, 06:44:35 AM

Quote from: Mobius on April 19, 2015, 05:21:30 AM

Expect those shorts to get squeezed.

Not unless it's a dead cat bounce (again)... Which has become a pattern of late. Maybe this predictability made the shorts bet high this time?

Once you think you found a pattern in the market, the market will turn around and screw you for most pain. ;-)

That or some wise ass mother fucker is gonna manipulate the market to go down and is stocking up all his shorts for one final push (down).

Either way, I don't care who's right anymore... The falling price is hurting everyone... Except the shorts. Grin

molecular

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Quote from: tokeweed on April 19, 2015, 06:44:35 AM

Quote from: Mobius on April 19, 2015, 05:21:30 AM

Expect those shorts to get squeezed.

Not unless it's a dead cat bounce (again)... Which has become a pattern of late. Maybe this predictability made the shorts bet high this time?

Once you think you found a pattern in the market, the market will turn around and screw you for most pain. ;-)

Topic: Shorts on Bitfinex at a all time high! - page 8. (Read 9889 times)