Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23162. (Read 26623268 times)
January 28, 2015, 01:42:00 PM
Coinbase sends Bitcoiners their regards
January 28, 2015, 01:41:21 PM
Whee, glad I kept my short open from $300.
According to BFXData, this massive dump is not the product of new shorts. Actually, about 300BTC of shorts closed during the dive. And $100k of new longs.
So those knife catchers are actually just people closing shorts and going long.
January 28, 2015, 01:40:31 PM
Ok it is Wednesday now. Always big volume day historically.
I'm thinking we will see a major pump today. Prepare your fiat/coins!
I bought in just now at 258.
I'm thinking we will see a major pump today. Prepare your fiat/coins!
I bought in just now at 258.
Keep holding and never lose hope
January 28, 2015, 01:39:42 PM
'chinese panic' flash dumps have taken out 260.
January 28, 2015, 01:39:05 PM
Whee, glad I kept my short open from $300.
January 28, 2015, 01:37:46 PM
Look at pathetic BTCChina, supposedly the volume leader.. cant even break down a BTC1,400 wall. They're falling behind because the wall is too large to break.
Pathetic. That exchanges real volume is probably <20K a day, not >200k
Pathetic. That exchanges real volume is probably <20K a day, not >200k
January 28, 2015, 01:36:17 PM
lots of people trying to catch the knive
January 28, 2015, 01:36:00 PM
running all the stops
January 28, 2015, 01:35:10 PM
Seems to get serious now 
January 28, 2015, 01:34:24 PM
BTC3,500 dump on BFX just now
January 28, 2015, 01:32:47 PM
The price should've been $210 by now, but Tim Draper keeps buying them tulips out of frustration.
January 28, 2015, 01:32:38 PM
Edit: I just realized that the USD swaps may include LTC longs as well.
I think your correct
Good point. Probably no more than $200,000 of it though, so very insignificant.
Look at the ltc short interest and compare it to btc
January 28, 2015, 01:30:35 PM
I'm trying to decide when to buy in again
January 28, 2015, 01:29:33 PM
Man it gets quiet in here when the price is teetering on the edge either up/down.
Everyone too busy chewing their finger nails off?
Everyone too busy chewing their finger nails off?
January 28, 2015, 01:05:23 PM
Where there are losers there are winners too.
Tru, but the market requires 'sustainable shearing' and/or lots of new lambs in order to function at its best
Interesting. So then these 14,000 contracts represent real coins?
They represent approx 4.5k of BTC price exposure, but can be purchased on margin.
It is still by no means a small position. It's bigger than any of their top 10 holders (biggest is 13k contracts, the rest are all 3-5k)
I guess that 13k might be the other side of this trade !
January 28, 2015, 01:02:16 PM
did put some buy orders at 76 dollars
Buying at 76 would be pretty sweet
January 28, 2015, 01:01:20 PM
did put some buy orders at 76 dollars
January 28, 2015, 01:00:01 PM
January 28, 2015, 12:52:11 PM
It will be even better if we do go up significantly again, proving the uptrend to be real and sustainable this time. The market is still completely paralyzed and shattered after a year of bleeding out. Regaining trust takes some time!
Personally I think that Coinbase pump and dump removed a significant amount of confidence and trust that was being slowly rebuilt. Lotta people got burnt AGAIN by obvious insider trading
OKCoin is still sitting with 14,000 futures contracts they need to liquidate at $275 and above ...
Their insurance fund is now annihilated and traders there will be taking a significant haircut this week on their gains unless we get above that level by Friday morning
Anyone who buys futures there today or tomorrow has a high chance of buying into a guaranteed socialised loss
Well it was disappointing, yeah, but if we actually overcome it, things will be looking even more bullish. What if everyone expects the market to go down... It goes up - we all know Bitcoin, don't we? But I agree that the debacle on OKCoin doesn't look good. But keep in mind: Coins/FIAT doesn't "disappear", it merely changes its owner who may invest it again.
Where there are losers there are winners too.
January 28, 2015, 12:50:42 PM
It's on, delusional fucks!
Max your credit cards and pump this shit!
Max your credit cards and pump this shit!
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