Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26441.

mah87

donator

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-Bitcoin & Ripple-

Quote from: solex on August 17, 2014, 07:21:18 PM

Quote from: keewee on August 17, 2014, 06:56:41 PM

Quote from: Raystonn on August 17, 2014, 06:45:19 PM

The majority on the poll were right.

Hmmm but will it hold?

I think back to the July 2013 post-peak low of $63. At the time it was last chance saloon for people to get in at that level. The question now is whether the recent dip into the $400s is a similar situation...

You can't compare those 2 situations. Bitcoin will keep going down and in few month ripple will replace it definitely. LAST CHANCE TO SELL

solex

legendary

Activity: 1078

Merit: 1006

100 satoshis -> ISO code

Quote from: keewee on August 17, 2014, 06:56:41 PM

Quote from: Raystonn on August 17, 2014, 06:45:19 PM

The majority on the poll were right.

Hmmm but will it hold?

I think back to the July 2013 post-peak low of $63. At the time it was last chance saloon for people to get in at that level. The question now is whether the recent dip into the $400s is a similar situation...

dgagli1

newbie

Activity: 9

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This is how I see it

https://www.tradingview.com/x/jf4hY3he/

ChartBuddy

legendary

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

keewee

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Activity: 1025

Merit: 1000

Quote from: Raystonn on August 17, 2014, 06:45:19 PM

The majority on the poll were right.

Hmmm but will it hold?

Newbie1022

full member

Activity: 238

Merit: 100

Quote from: Miz4r on August 17, 2014, 06:45:02 PM

Quote from: Newbie1022 on August 17, 2014, 06:32:22 PM

Nevermind... Bitfinex pulled my short order after it had posted... wtf is going on?

Sorry for what will seem like spreading FUD... but seriously, wtf is going on?

How about you take this matter to Bitfinex support and not spam this thread full of this crap?

I am writing them right now. I don't want people to get hurt... that's all. I am aware of how it looks that I am writing this and that worries me. But, just a few minutes ago BitFinex was trading almost 30 over China so there is circumstantial evidence to back my claim. Sorry, I just want you guys to know when something is going on.

Somebody, in my separate topic, posted that BitFinex is the next Gox and I really don't believe that. They just changed their policy in the past few hours and it is a glitch. Simple growing pains and in the long-term not that big of a deal. For the few guys on here who are day traders though, I want them to know what's going on.

mah87

donator

Activity: 756

Merit: 500

-Bitcoin & Ripple-

Better buy some cheap XRP while you can

RippleLabs cofounder said:

"Ripple Labs is probably around 65 people. Our current office is now very cozy. We'll be moving soon. We have people working out of a New York space. Additionally, we're opening an office in Luxembourg.

The rippled team alone is 11 people with another C++ engineer and a product manager starting next week.

Ripple Labs is in talks with many, many major financial firms, lots of regulators, and even central banks. Ripple Labs is changing the financial landscape.

Ripple Labs might easily have over a hundred banks on board within the next year.

I'm very proud of the team we have. We are far beyond my wildest expectations when I originally started this version of Ripple."

https://ripple.com/forum/viewtopic.php?f=1&t=7577#p54772

Raystonn

sr. member

Activity: 364

Merit: 250

The majority on the poll were right.

Miz4r

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Activity: 1246

Merit: 1000

Quote from: Newbie1022 on August 17, 2014, 06:32:22 PM

Nevermind... Bitfinex pulled my short order after it had posted... wtf is going on?

Sorry for what will seem like spreading FUD... but seriously, wtf is going on?

How about you take this matter to Bitfinex support and not spam this thread full of this crap?

Newbie1022

full member

Activity: 238

Merit: 100

They pulled another short at $500. The system is f---ing up.

inca

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Merit: 1000

Quote from: ssmc2 on August 17, 2014, 06:40:38 PM

See what I mean Grin

Ha.

ssmc2

legendary

Activity: 2002

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See what I mean Grin

Newbie1022

full member

Activity: 238

Merit: 100

Bitfinex is not putting through shorts properly. Something is seriously awry. Call it FUD all you want. You've been warned. We are getting played.

ssmc2

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Activity: 2002

Merit: 1040

It's a good omen that the bottom is in when your screen is filled with user is ignored posts from all new accounts.

Newbie1022

full member

Activity: 238

Merit: 100

Nevermind... Bitfinex pulled my short order after it had posted... wtf is going on?

Sorry for what will seem like spreading FUD... but seriously, wtf is going on?

edwardspitz

sr. member

Activity: 546

Merit: 250

Last chance to close shorts before things kick off?

David M

sr. member

Activity: 476

Merit: 250

Selling at the bottom of the channel?

Good luck.

inca

legendary

Activity: 1176

Merit: 1000

Quote from: Chuckee on August 17, 2014, 06:10:16 PM

Quote from: inca on August 17, 2014, 05:49:13 PM

Why would we be? Has something fundamentally changed with the protocol? Has the US regulatory framework suddenly become hostile towards bitcoin? Has anything fundamentally bad occurred in the bitcoin news sphere?

The answer is no because this is technical selling and buying to take money from leveraged minnows and weak handed speculators like you

The only reason you are cheering on any price decline is so you can buy some for yourself. Admit it.

that's right, nothing has fundamentally changed with the protocol since last year when each coin was less than $100 in value. So that's where we're headed back to!

Why stop there? Nothing has fundamentally changed with the protocol since 2009. Bitcoin to 0?

Forget merchant adoption, 1/4 billion vc money, rising transactions and wallet numbers, increasingly secure mining infrastructure. LOL.

Newbie1022

full member

Activity: 238

Merit: 100

Quote from: inca on August 17, 2014, 06:08:27 PM

Quote from: Newbie1022 on August 17, 2014, 06:05:36 PM

Quote from: Newbie1022 on August 17, 2014, 06:02:33 PM

Quote from: Newbie1022 on August 17, 2014, 04:50:37 PM

Hey guys, it is my understanding that with the Bitfinex policy change that you can actually short more than you used to be able to AND the margin calls come slightly earlier. This would be a non-issue if we were still trending up, but keep a look out for this.

You used to be able to get effectively 3.33 leverage on a long by buying bitcoin and then longing with the bitcoin as collateral. However, that equation doesn't work out as unless you can short without a margin account (that I don't know!!!!! So somebody clean up this thought and in the meantime take this with a grain of salt).

On this point... it now says that I have a tradable balance, but it isn't letting me short any further -- it is cutting me off at the old 2.5 leverage mark despite the system showing the change.

=S

UPDATE... system caught up... was able to short all the way.

If you really are a newbie be careful with leverage. Most people (myself included) have been burned by the market whipsawing or hitting stops with huge unexpected moves. Bitcoin is scary volatile. Good luck!

I put a stop just over 515!! =D Thanks for the concern, though. Solid note.

Chuckee

member

Activity: 70

Merit: 10

Quote from: inca on August 17, 2014, 05:49:13 PM

Why would we be? Has something fundamentally changed with the protocol? Has the US regulatory framework suddenly become hostile towards bitcoin? Has anything fundamentally bad occurred in the bitcoin news sphere?

The answer is no because this is technical selling and buying to take money from leveraged minnows and weak handed speculators like you

The only reason you are cheering on any price decline is so you can buy some for yourself. Admit it.

that's right, nothing has fundamentally changed with the protocol since last year when each coin was less than $100 in value. So that's where we're headed back to!

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26441. (Read 26731874 times)