Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26419. (Read 26610941 times)
August 13, 2014, 05:02:38 AM
Hope this turns into the silk road incident.
August 13, 2014, 05:01:27 AM
August 13, 2014, 04:59:42 AM
August 13, 2014, 04:58:54 AM
buy "cheap" coins and lose everything !
August 13, 2014, 04:56:18 AM
I just wrote a PM to ShroomsKit asking some questions about the current situation, however the reply came from falllling??
That's the OLD Fonzie that we used to know... spreading FUD>....
Welcome back.
August 13, 2014, 04:56:11 AM
You know what's the best part about the current crash? During future crashes, ShroomsKit will have lost all moral high ground to complain about the "weak hands" ^_^
... who am I kidding. He will rant on, as he (or: they) always did. Funny guy.
... who am I kidding. He will rant on, as he (or: they) always did. Funny guy.
I'm not a weak hand. I simply know when things are over.
August 13, 2014, 04:55:40 AM
houbi dumping, ltc is inverse rocket heading to the core of the earth.
how is your ltc buy doing fonzie?
how is your ltc buy doing fonzie?
August 13, 2014, 04:54:28 AM
You know what's the best part about the current crash? During future crashes, ShroomsKit will have lost all moral high ground to complain about the "weak hands" ^_^
... who am I kidding. He will rant on, as he (or: they) always did. Funny guy.
... who am I kidding. He will rant on, as he (or: they) always did. Funny guy.
I'm not a weak hand. I simply know when things are over.
August 13, 2014, 04:49:49 AM
Interesting: https://blockchain.info/tx/1f2885265a89c6817867e842edf65c536f993c0aa0100a692700a34c81230051
Looks like Ethereum coins are starting to be moved out of the "exodus" address. Now, I wonder if any of those coins will start making their way to exchanges.... :trollface:
Looks like Ethereum coins are starting to be moved out of the "exodus" address. Now, I wonder if any of those coins will start making their way to exchanges.... :trollface:
When will Ethereum be listed on Coinmarketcap?
August 13, 2014, 04:49:07 AM
You know what's the best part about the current crash?
cheap coins before the next rally..don't forget.
August 13, 2014, 04:48:25 AM
we will go through 555 like a hot knife through butter.
I wouldnt call that a bottom. why somebody is calling that a double bottom is beyond me.
and this is not a crash. we are down only 30 $.
I wouldnt call that a bottom. why somebody is calling that a double bottom is beyond me.
and this is not a crash. we are down only 30 $.
August 13, 2014, 04:43:45 AM
Just to kill off the long squeeze FUD that is being spread on Reddit, take a look at this chart:
http://www.bfxdata.com/swapstats/usd.php
Click All as the time period.
Eyeballing the chart, it looks like (very conservatively) $1M in longs is opened every 6hr period on average, or $4M per day.
There are about $30M in outstanding longs. This means the average long stays open 7 days.
Realistically, it is closer to $1.25M, $5M, and less than 6 days. You might notice that $10M in USD swaps was opened in one 24 hour period.
Anyone waiting for margin calls on guys holding from $685, $650, $630 or even $600 positions is nuts. 30M in longs over the last 3 months DOES NOT mean that the positions have been held 3 months. It means BFX has a pretty stable equilibrium of longs opening and closing such that 30M is outstanding at any particular time.
http://www.bfxdata.com/swapstats/usd.php
Click All as the time period.
Eyeballing the chart, it looks like (very conservatively) $1M in longs is opened every 6hr period on average, or $4M per day.
There are about $30M in outstanding longs. This means the average long stays open 7 days.
Realistically, it is closer to $1.25M, $5M, and less than 6 days. You might notice that $10M in USD swaps was opened in one 24 hour period.
Anyone waiting for margin calls on guys holding from $685, $650, $630 or even $600 positions is nuts. 30M in longs over the last 3 months DOES NOT mean that the positions have been held 3 months. It means BFX has a pretty stable equilibrium of longs opening and closing such that 30M is outstanding at any particular time.
Stupid Noob talking nonsense.
Most of the Swaps taken are not for New positions but swaps being renewed for existing positions, as most loans are offered on 2 days term.
August 13, 2014, 04:41:08 AM
Well we have hit the support 5 times now. Will be interesting if it breaks.
Indeed. A double bottom can be strong. Triple bottoms are rare -- more often at that point (and with subsequent touches), I think we tend to see bearish triangles form. If it breaks, we might finally break out of this terribly boring sideways/down and get some volatility back.
August 13, 2014, 04:39:20 AM
Well we have hit the support 5 times now. Will be interesting if it breaks.
August 13, 2014, 04:37:16 AM
Well we have hit the support 5 times now. Will be interesting if it breaks.
August 13, 2014, 04:35:19 AM
You know what's the best part about the current crash? During future crashes, ShroomsKit will have lost all moral high ground to complain about the "weak hands" ^_^
... who am I kidding. He will rant on, as he (or: they) always did. Funny guy.
... who am I kidding. He will rant on, as he (or: they) always did. Funny guy.
August 13, 2014, 04:35:13 AM
ah, big players, whales and other mythical beings.
well, market does not give a fukk about them.
well, market does not give a fukk about them.
...until they paint the ticker. What if some big player in accumulation mode is buying directly from pools/OTC, maybe with the 'excuse' that is an ETF/institutional investors who wants just 'clean'/virgin coins. They would use an exchange price as reference so the accumulator would have a big incentive to sell some on the exchanges while buying more OTC to buy as low as possible.
+1 This is what I have been saying too.
I've thought about this theory for quite a while now. The only thing I can't figure out is how many coins they are buying from miners. The most they can buy from a large mining group that doesn't pay out its individual pool members is under 800 coins a day. So why dump so much to only get 800 coins for such a small discount?
There are 3,600 new coins mined every day..... so a accumulator could have multiple buying contracts... therefore theoretically get up to 3600 per day if they were slick about it and were able to accomplish such. Where do you get 800 (which is only 22% of the total BTC mined per day)?
August 13, 2014, 04:34:17 AM
Just to kill off the long squeeze FUD that is being spread on Reddit, take a look at this chart:
http://www.bfxdata.com/swapstats/usd.php
Click All as the time period.
Eyeballing the chart, it looks like (very conservatively) $1M in longs is opened every 6hr period on average, or $4M per day.
There are about $30M in outstanding longs. This means the average long stays open 7 days.
Realistically, it is closer to $1.25M, $5M, and less than 6 days. You might notice that $10M in USD swaps was opened in one 24 hour period.
Anyone waiting for margin calls on guys holding from $685, $650, $630 or even $600 positions is nuts. 30M in longs over the last 3 months DOES NOT mean that the positions have been held 3 months. It means BFX has a pretty stable equilibrium of longs opening and closing such that 30M is outstanding at any particular time.
http://www.bfxdata.com/swapstats/usd.php
Click All as the time period.
Eyeballing the chart, it looks like (very conservatively) $1M in longs is opened every 6hr period on average, or $4M per day.
There are about $30M in outstanding longs. This means the average long stays open 7 days.
Realistically, it is closer to $1.25M, $5M, and less than 6 days. You might notice that $10M in USD swaps was opened in one 24 hour period.
Anyone waiting for margin calls on guys holding from $685, $650, $630 or even $600 positions is nuts. 30M in longs over the last 3 months DOES NOT mean that the positions have been held 3 months. It means BFX has a pretty stable equilibrium of longs opening and closing such that 30M is outstanding at any particular time.
August 13, 2014, 04:34:08 AM
Hahahhaha lots of whiners here! Also, sentiment is fearful and angry 
Grow some balls noobs, this is all normal
Grow some balls noobs, this is all normal August 13, 2014, 04:32:22 AM
Is this an exchange address? Any analysts out there? Curious what's happening to these Etherium coins.
https://blockchain.info/address/1L1JRVExeKiqBU1pmvoyzCfRzCfEP64pBJ
https://blockchain.info/address/1L1JRVExeKiqBU1pmvoyzCfRzCfEP64pBJ
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