>29K shorts on BFX! that's gonna be a heluva squeeze if the margin calls cascade.
The silence before the squeeze...
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21939. (Read 26609738 times)
April 21, 2015, 11:41:22 PM
The silence before the squeeze...
April 21, 2015, 11:11:12 PM
>29K shorts on BFX! that's gonna be a heluva squeeze if the margin calls cascade.
April 21, 2015, 10:58:17 PM
April 21, 2015, 09:58:22 PM
April 21, 2015, 09:42:49 PM
With other commodities and stocks, often everything happens from the same accounts. Bitcoins are often tied up offline, some are buried in mining activity. There are barriers and non-trivial risks to having everything up for sale at a certain price. This makes the spot price somewhat inefficient in reacting to market changes.
This in itself won't push the price down, it's more of a tailwind. The headwind is the unwinding of a bubble that started in the mid $1xx, and 3600 coins a day being minted. Increasingly, minted by big industrial farms with industrial size costs.
This in itself won't push the price down, it's more of a tailwind. The headwind is the unwinding of a bubble that started in the mid $1xx, and 3600 coins a day being minted. Increasingly, minted by big industrial farms with industrial size costs.
This doesn't make any sense to me. Sorry
April 21, 2015, 09:34:48 PM
With other commodities and stocks, often everything happens from the same accounts. Bitcoins are often tied up offline, some are buried in mining activity. There are barriers and non-trivial risks to having everything up for sale at a certain price. This makes the spot price somewhat inefficient in reacting to market changes.
This in itself won't push the price down, it's more of a tailwind. The headwind is the unwinding of a bubble that started in the mid $1xx, and 3600 coins a day being minted. Increasingly, minted by big industrial farms with industrial size costs.
This in itself won't push the price down, it's more of a tailwind. The headwind is the unwinding of a bubble that started in the mid $1xx, and 3600 coins a day being minted. Increasingly, minted by big industrial farms with industrial size costs.
April 21, 2015, 09:19:45 PM
Enjoy it while it lasts bulls.
Cause this bear market is far from over. I kinda agree with masterluc prediction of one more year of slow and painful descend.
Do you say that just because it happened the last year?Cause this bear market is far from over. I kinda agree with masterluc prediction of one more year of slow and painful descend.
No, I am saying that because this is very inefficient market and the bubble didn't deflate yet.
How is it inefficient? And how does that push the price down?
EDIT: Hard to trust Tarmi as a clever bear trader when he rents out his signatur to a casino company. Maybe that is his business model? Lol
April 21, 2015, 09:16:19 PM
Enjoy it while it lasts bulls.
Cause this bear market is far from over. I kinda agree with masterluc prediction of one more year of slow and painful descend.
Do you say that just because it happened the last year?Cause this bear market is far from over. I kinda agree with masterluc prediction of one more year of slow and painful descend.
No, I am saying that because this is very inefficient market and the bubble didn't deflate yet.
April 21, 2015, 09:05:47 PM
Enjoy it while it lasts bulls.
Cause this bear market is far from over. I kinda agree with masterluc prediction of one more year of slow and painful descend.
Do you say that just because it happened the last year? Cause this bear market is far from over. I kinda agree with masterluc prediction of one more year of slow and painful descend.
April 21, 2015, 09:04:53 PM
Enjoy it while it lasts bulls.
Cause this bear market is far from over. I kinda agree with masterluc prediction of one more year of slow and painful descend.
Cause this bear market is far from over. I kinda agree with masterluc prediction of one more year of slow and painful descend.
I could stand on my head singing God Save the Queen for a year. A year is nothing:
Give empowering his DOOOOOooooomm. I can wait
April 21, 2015, 09:03:24 PM
Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him.
No kidding, this guy was slaughtered on the alter of doom and it was a major shot across the bow of the bearmobile. If it can happen to this guy, it could happen to anyone. Right. I think people trying to push the price down have lost their power and will pay more in the future
April 21, 2015, 09:01:32 PM
Enjoy it while it lasts bulls.
Cause this bear market is far from over. I kinda agree with masterluc prediction of one more year of slow and painful descend.
Cause this bear market is far from over. I kinda agree with masterluc prediction of one more year of slow and painful descend.
April 21, 2015, 09:00:21 PM
Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him.
No kidding, this guy was slaughtered on the alter of doom and it was a major shot across the bow of the bearmobile. If it can happen to this guy, it could happen to anyone. LOL so true.
Almost feel bad, but god damn shorting technology that hot n heavy... you are asking for it!
That guy appears to be a pig, that leverage, that amount... dead on a $10 rise. I bet most bears are laughing at the guy too.
I doubt any bears are laughing at that one... I'd be shitting my pants about now.
Next nice pitch I'd guess around $242(ish) give or take.
April 21, 2015, 08:58:42 PM
Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him.
No kidding, this guy was slaughtered on the alter of doom and it was a major shot across the bow of the bearmobile. If it can happen to this guy, it could happen to anyone. That guy appears to be a pig, that leverage, that amount... dead on a $10 rise. I bet most bears are laughing at the guy too.
April 21, 2015, 08:58:20 PM
April 21, 2015, 08:57:00 PM
Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him.
No kidding, this guy was slaughtered on the alter of doom and it was a major shot across the bow of the bearmobile. If it can happen to this guy, it could happen to anyone. Very true. Too many people been getting fat for far too long just betting the fall will continue. Well a year and a half is a long time.
I hope this can be a lesson for the rest of them
April 21, 2015, 08:53:42 PM
Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him.
No kidding, this guy was slaughtered on the alter of doom and it was a major shot across the bow of the bearmobile. If it can happen to this guy, it could happen to anyone. April 21, 2015, 08:52:38 PM
where'd the volume go?
Back to where it was before a single actor bought in.
One thing is really different from original bitcoin bull runs. The exchange infrastructure has improved hugely. Gone are the days of mtgox going dark and falling $166 in value. Huobi had some problems today, at least with their data api (I don't trade there.), and no one cared.
April 21, 2015, 08:41:19 PM
where'd the volume go?
April 21, 2015, 08:28:52 PM
Thank you to the stupid.
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