It's a battle of leveraged positions.
Seriously, somethings got to give here... More money says shorts are going to give first, but I imagine both cascading together..
I think it's the opposite, but we will see pretty soon how it unfolds
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22113. (Read 26609287 times)
April 06, 2015, 08:57:06 PM
Seriously, somethings got to give here... More money says shorts are going to give first, but I imagine both cascading together..
I think it's the opposite, but we will see pretty soon how it unfolds
April 06, 2015, 08:27:40 PM
April 06, 2015, 08:22:33 PM
It's a battle of leveraged positions.
Seriously, somethings got to give here... More money says shorts are going to give first, but I imagine both cascading together..
April 06, 2015, 08:18:26 PM
April 06, 2015, 08:12:49 PM
It's a battle of leveraged positions.
April 06, 2015, 08:04:32 PM
Ready for some price movement!
April 06, 2015, 07:58:36 PM
April 06, 2015, 06:58:35 PM
April 06, 2015, 06:56:23 PM
Monkey thinks it takes another upstep from here, right about now, on a scale up to 30 minutes, target 255.86.
On a scale of hours, he thinks it's going downish, target 253.97.
By morning he thinks it can touch 260.27.
On a scale of hours, he thinks it's going downish, target 253.97.
By morning he thinks it can touch 260.27.
April 06, 2015, 06:30:39 PM
Get real. Bearwhales are dickless.
https://commons.wikimedia.org/wiki/File:Icelandic_Phallological_Museum_May_2012.jpg
I believe that belongs to this gentleman.
April 06, 2015, 06:16:02 PM
looking at bfx, shorters gonna get rekt really hard soon.
April 06, 2015, 06:13:58 PM
probable crisis would be at the level of the 1 QE of eurozone, US or BoJ = 1000 Milliards of USD.
so ... bitcoin = 14 millions = 72 000 USD per BTC
time to solve the economy problem, guys (and girls).
so ... bitcoin = 14 millions = 72 000 USD per BTC
time to solve the economy problem, guys (and girls). 
April 06, 2015, 06:09:51 PM
April 06, 2015, 06:07:16 PM
one more thing about those absolute ATH calls and numbers for shorts and longs.
yes, 27 k of shorts sounds a lot, but the price is at 250 $ (and we are still mining 3600 btc on a daily basis)
25.3 mil of longs does not sound a lot, but if you take into consideration the current price...well...it's worse than bad.
...
now I will leave you bulls to think about that a little bit.
yes, 27 k of shorts sounds a lot, but the price is at 250 $ (and we are still mining 3600 btc on a daily basis)
25.3 mil of longs does not sound a lot, but if you take into consideration the current price...well...it's worse than bad.
...
now I will leave you bulls to think about that a little bit.
Well considering that 14 million failed to cover even in 'the great crash' down to 160 i'm not sure how important that is.
There has always been a large disparity between the size of the long and short positions. the only way i can explain this is that shorting a commodity that can shoot up like bitcoin and is in limited supply is very risky, and, it is possible to go long with btc only on finex. So presumably large holders, early adopters can put down huge numbers of btc and go long without fear of ever being margin called significantly.
The other thing is a lot of the shorts are underwater and 12-13,500 were opened below 300. So the shorts have little room left. 11 million usd longs have opened all the way from 160 upwards in contrast.
Should be a titanic battle, and if the longs are successful it will definitively end the bear market keeping bitcoin down.
April 06, 2015, 06:03:15 PM
You ready to dump yet Tarmi? I need you to slam the price down with your bearwhale dick.
LOL tarmi doesn't have any money OR coins.That's why he's a bear.
April 06, 2015, 06:01:53 PM
You ready to dump yet Tarmi? I need you to slam the price down with your bearwhale dick.
Get real. Bearwhales are dickless.
April 06, 2015, 05:58:35 PM
April 06, 2015, 05:56:34 PM
You ready to dump yet Tarmi? I need you to slam the price down with your bearwhale dick.
LOL tarmi doesn't have any money OR coins. April 06, 2015, 05:54:18 PM
You ready to dump yet Tarmi? I need you to slam the price down with your bearwhale dick.
April 06, 2015, 05:54:02 PM
This is a strange time for shorters to double down. If we`ve got whales munching up cheap coins, wouldn`t it make sense for them to suppress the price and just let it bounce when they`re finished? (I know, wishful thinking. But still...)
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