Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26262.

adamstgBit

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Activity: 1904

Merit: 1037

Trusted Bitcoiner

ok i'm going to revise my numbers there not entirely fair...

these number are being pull out of here in to my ass and out on to this forum so please take it with gain of salt and draw your own conclusions ...

longs down ~38.4%
shorts up ~17.64%
price down ~18%

we can see that shorts covered during the epic long squeeze, they covered ~1.3million dollars while longs squeezed out ~4.5 million. so 3.2million dollars was absorbed by non leveraged positions

since this event shorts are up ~43.7% while longs are down ~24.5%

also the last big dip was clearly another long squeeze event only this time short didn't cover, they appear to be building...

ref : http://www.bfxdata.com/sentiment/longshort.php

idk what this means poeple

but i'll stick to what i know, TO THE MOON!!!!!!!!!!!

Cheesy

beetcoin

sr. member

Activity: 434

Merit: 250

Quote from: podyx on August 19, 2014, 05:34:22 PM

A little flashback on the altcoin market which seems to be going to shit pretty soon Grin

that's pretty awesome.. and relevant at the same time. the wolf of btc-e. now to buy some quaaludes with your cryptos.

grappa_barricata

full member

Activity: 154

Merit: 100

playing pasta and eating mandolinos

Quote from: podyx on August 19, 2014, 05:34:22 PM

A little flashback on the altcoin market which seems to be going to shit pretty soon Grin

haha, amazing

podyx

legendary

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A little flashback on the altcoin market which seems to be going to shit pretty soon Grin

hyphymikey

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Activity: 784

Merit: 1000

Quote from: adamstgBit on August 19, 2014, 05:06:30 PM

interesting data, in the last few days:

longs are down ~38.4%
shorts are up ~43.7%
price has dropped ~18%

so if longs are down and short are up , who the fuck is buying all the coins?

Wall St.

keewee

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Activity: 1025

Merit: 1000

Quote from: Sandia on August 19, 2014, 04:46:42 PM

Quote from: bigasic on August 19, 2014, 04:37:33 PM

Quote from: Sandia on August 19, 2014, 04:26:12 PM

Quote from: Odalv on August 19, 2014, 04:13:42 PM

Quote from: bigasic on August 19, 2014, 04:05:16 PM

i wish someone could explain to me this in english, I understand that a short is betting that it will go down, long the opposite, but how does it work in detail? can someone give me an example? like they were explaining it to a 5 year old? lol. Grin

Why does it matter that there are 7300 shorts? because thats a shit ton?

Short: Somebody borrows bitcoins and sells them. Later he will buy bitcoins at lower price and returns them to the lender + interest.
Long: Borrow $$ then buy BTC and sell them later.

On Bitfinex, they have a claim option. If you buy 10 coins at $100, and the price goes up $20, you have $200 profit (10 coins x 20 USD).
You can sell 8 coins, and use the $200 profit to "claim" the remaining 2 coins at the original $100 price.

This means you don't necessarily have to sell all of the original 10 coins.

this just sounds so damned confusing, lol and extremely risky..But very profitable if you guessed the right way. Also, this only works by borrowing either coins or money, right? there needs to be a class on this somewhere, lol.. bitfinex explains it like you already know what you are doing..

It is gambling, and you can lose everything with 1 bad decision.
If you are at maximum leverage on Bfx, it only takes a 20% drop to wipe you out.

"only" a 20% drop. Bitcoin volatility in a nutshell Cheesy

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: blaaaaacksuit on August 19, 2014, 05:12:15 PM

Quote from: adamstgBit on August 19, 2014, 05:06:30 PM

interesting data, in the last few days:

longs are down ~38.4%
shorts are up ~43.7%
price has dropped ~18%

so if longs are down and short are up , who the fuck is buying all the coins?

Probably just the 13 bloodlines of the illuminati.

the world is doomed. at least bears go down first.

blaaaaacksuit

sr. member

Activity: 280

Merit: 250

Who cares?

Quote from: adamstgBit on August 19, 2014, 05:06:30 PM

interesting data, in the last few days:

longs are down ~38.4%
shorts are up ~43.7%
price has dropped ~18%

so if longs are down and short are up , who the fuck is buying all the coins?

Probably just the 13 bloodlines of the illuminati.

grappa_barricata

full member

Activity: 154

Merit: 100

playing pasta and eating mandolinos

Quote from: adamstgBit on August 19, 2014, 05:06:30 PM

interesting data, in the last few days:

longs are down ~38.4%
shorts are up ~43.7%
price has dropped ~18%

so if longs are down and short are up , who the fuck is buying all the coins?

A very good question indeed...

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: Walsoraj on August 19, 2014, 05:08:24 PM

Quote from: adamstgBit on August 19, 2014, 05:06:30 PM

an interesting fact

in the last few days:

longs are down ~38.4% short are up ~43.7% price has dropped ~18%

so if longs are down and short are up , who the fuck is buying all the coins?

Willy 2.0

non leveraged true believers ( aka: investor not trader)

bears are doomed.

Walsoraj

hero member

Activity: 686

Merit: 500

Ultranode

Quote from: adamstgBit on August 19, 2014, 05:06:30 PM

an interesting fact

in the last few days:

longs are down ~38.4% short are up ~43.7% price has dropped ~18%

so if longs are down and short are up , who the fuck is buying all the coins?

Willy 2.0

magicmexican

hero member

Activity: 812

Merit: 1000

Meanwhile the bitcoinbuilder.com is offline, looks like my goxcoins are gone Sad

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

interesting data, in the last few days:

longs are down ~38.4%
shorts are up ~43.7%
price has dropped ~18%

so if longs are down and short are up , who the fuck is buying all the coins?

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

hyphymikey

hero member

Activity: 784

Merit: 1000

Quote from: hd060053 on August 19, 2014, 04:29:14 PM

BTC China is taking over control in chinese market. Higher volume than huobi / okcoin.

why ?

Maybe new money is coming in and they know BTC China has real volume.

Sandia

full member

Activity: 182

Merit: 100

Quote from: bigasic on August 19, 2014, 04:37:33 PM

Quote from: Sandia on August 19, 2014, 04:26:12 PM

Quote from: Odalv on August 19, 2014, 04:13:42 PM

Quote from: bigasic on August 19, 2014, 04:05:16 PM

i wish someone could explain to me this in english, I understand that a short is betting that it will go down, long the opposite, but how does it work in detail? can someone give me an example? like they were explaining it to a 5 year old? lol. Grin

Why does it matter that there are 7300 shorts? because thats a shit ton?

Short: Somebody borrows bitcoins and sells them. Later he will buy bitcoins at lower price and returns them to the lender + interest.
Long: Borrow $$ then buy BTC and sell them later.

On Bitfinex, they have a claim option. If you buy 10 coins at $100, and the price goes up $20, you have $200 profit (10 coins x 20 USD).
You can sell 8 coins, and use the $200 profit to "claim" the remaining 2 coins at the original $100 price.

This means you don't necessarily have to sell all of the original 10 coins.

this just sounds so damned confusing, lol and extremely risky..But very profitable if you guessed the right way. Also, this only works by borrowing either coins or money, right? there needs to be a class on this somewhere, lol.. bitfinex explains it like you already know what you are doing..

It is gambling, and you can lose everything with 1 bad decision.
If you are at maximum leverage on Bfx, it only takes a 20% drop to wipe you out.

dropt

legendary

Activity: 1512

Merit: 1000

Quote from: Walsoraj on August 19, 2014, 04:26:19 PM

Quote from: Walsoraj on August 18, 2014, 03:51:39 PM

http://coinorama.net/

Bid sum shows signs of recovering. Probably at bottom (for today).

This turned out to be an epic call of unprecedented precision.

I demand respect and adoration from every bull in this thread. A brief statement about how awesome I am will suffice for now.

bigasic

hero member

Activity: 924

Merit: 1000

Quote from: Sandia on August 19, 2014, 04:26:12 PM

Quote from: Odalv on August 19, 2014, 04:13:42 PM

Quote from: bigasic on August 19, 2014, 04:05:16 PM

i wish someone could explain to me this in english, I understand that a short is betting that it will go down, long the opposite, but how does it work in detail? can someone give me an example? like they were explaining it to a 5 year old? lol. Grin

Why does it matter that there are 7300 shorts? because thats a shit ton?

Short: Somebody borrows bitcoins and sells them. Later he will buy bitcoins at lower price and returns them to the lender + interest.
Long: Borrow $$ then buy BTC and sell them later.

On Bitfinex, they have a claim option. If you buy 10 coins at $100, and the price goes up $20, you have $200 profit (10 coins x 20 USD).
You can sell 8 coins, and use the $200 profit to "claim" the remaining 2 coins at the original $100 price.

This means you don't necessarily have to sell all of the original 10 coins.

this just sounds so damned confusing, lol and extremely risky..But very profitable if you guessed the right way. Also, this only works by borrowing either coins or money, right? there needs to be a class on this somewhere, lol.. bitfinex explains it like you already know what you are doing..

Walsoraj

hero member

Activity: 686

Merit: 500

Ultranode

Quote from: hd060053 on August 19, 2014, 04:29:14 PM

BTC China is taking over control in chinese market. Higher volume than huobi / okcoin.

why ?

I wouldn't be surprised to learn that Coinbase now buys from BTCChina, instead of Stamp.

hd060053

hero member

Activity: 601

Merit: 503

BTC China is taking over control in chinese market. Higher volume than huobi / okcoin.

why ?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26262. (Read 26712695 times)