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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27404. (Read 26610692 times)

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
this is just how we roll

welcome to bitcoin
donator
Activity: 2772
Merit: 1019
This is why we sell on the way up Grin

That has it's own problems.
hero member
Activity: 845
Merit: 609
Any word of why we just flash crashed?

finex whale making $$
hero member
Activity: 784
Merit: 1001
Any word of why we just flash crashed?
explanation by molecular a few posts back makes the most sense to me. How else to explain that the USD swap offers dried up all of a sudden?
full member
Activity: 126
Merit: 100
(__!__) before   Grin

(__o__) after    Embarrassed
legendary
Activity: 861
Merit: 1010
Any word of why we just flash crashed?
Because we are in a bull market and it's what Bitcoin do in a bull market.
hero member
Activity: 812
Merit: 1000
Fuck sake was just cooking and missed all of that Sad missed a buy order by $0.50 :/

Thats what you get for trading BTC like a casual... You need to step up your game and trade like this :


full member
Activity: 238
Merit: 100
Any word of why we just flash crashed?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
loving this shit.

<- ADDICTED!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
i need a fucking smoke!
legendary
Activity: 1428
Merit: 1000
This is why we sell on the way up Grin
hero member
Activity: 518
Merit: 500
Fuck sake was just cooking and missed all of that Sad missed a buy order by $0.50 :/

wow that sucks
hero member
Activity: 798
Merit: 1000
Fuck sake was just cooking and missed all of that Sad missed a buy order by $0.50 :/
donator
Activity: 2772
Merit: 1019
Looks like a Bitfinex sell - 4k volume vs 2k on Bitstamp.

SOme crazy manipulation going on at bitfinex. Looks at the swap offers... Someone bough all the swap, sold coin, now offering swap at 1% a day??

huh?



looks pretty much the same as it looked like 20 minutes ago (before the correction)


You missed it. He bought it all up there was a huge buy to .9%. then he switched it over to the selling side - probably hoping people would buy on margin on the dip. it lasted about ~5 mins before everything filled up again (aka he cancelled all the swap and it auto-renewed).

what the hell ?!?

I see it now:



all the USD swap offers cleared. demand ultra-high.



yeah I can't figure out this whales motivation. Is he playing the swap game? preventing people from borrowing on margin to keep pushing this down?

Given stamp is down much more than the others I wonder if this is a bitfinex move.

Looks to me like this was bitfinex-based move, yes.

Still don't get the motivation? You say he bought all the USD swaps and then commenced to sell BTC?

The motivation being to keep everyone from contributing buy support and make the drop harder?

Then what? Use all the borrowed USD to go long himself and reignite the rally?
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
THIS IS OUR SILK ROAD
What? Were these SR coins or what are you pointing at?

I think he was alluding to the "Silk Road crash" in early October 2013 when the news of the Silk Road having been taken down caused the price crash by 30%+ in a matter of minutes.

It is a bullish memory around here, because that crash (and the subsequent very fast recovery) marked the beginning of the price rise from around 100$/BTC to over 1000.
sr. member
Activity: 351
Merit: 250
I'm always grumpy in the morning.
Time for this one again:

legendary
Activity: 1400
Merit: 1013
Ah, this is more like the good old days Smiley

Nothing like a flash crash to get the blood pumping.
The cool part about the Bitcoin growth cycle is that no matter how many times it happens, each time there's a new group of people who've never seen it before.
newbie
Activity: 4
Merit: 0
Thanks for the opinions guys, after I saw things going back to 620 I thought it was a no brainer had to buy more, after crossing 595 then 620 I don't want to end up on the sidelines just to wait for 535-550 or lower, at the same time I'm no pro so I'm always open to hearing what others have to say
sr. member
Activity: 644
Merit: 250
https://primedao.eth.link/#/
I got burned by 0.01BTC.
MASSIVE DAMAGE.
MOB
hero member
Activity: 493
Merit: 504
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