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Topic: Warning: How many of you Bears have ever been a victim of a Short Squeeze? (Read 43772 times)

newbie
Activity: 43
Merit: 0
This thread seem pretty relevant right now
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
N12
donator
Activity: 1610
Merit: 1010
The dollar value of longs stays the same, but the dollar value of shorts is bound to BTC's price. So with the same absolute USD and BTC amount of longs and shorts, at two wildly different prices, it can be considered either short heavy or long heavy because of the ratio of the USD margin tied up.

I hope that makes sense.
legendary
Activity: 2576
Merit: 1087
You know what's funny? The higher the price rises, the lower the value of the longs is in relation to the shorts.

I can't quite get my head round that - ELI5?
N12
donator
Activity: 1610
Merit: 1010
You know what's funny? The higher the price rises, the lower the value of the longs is in relation to the shorts.
legendary
Activity: 1764
Merit: 1002
Fools have actually been increasing their shorts again: 26,501.51 BTC

That's actually really good.

We'll need the fuel as we go higher.
I'm laughing how I always rile up the cultists in both camps. Yesterday, the bear cultists have been telling me how foolish I was even suggesting a capitulation. Cheesy

You definitely have that in you.
N12
donator
Activity: 1610
Merit: 1010
Fools have actually been increasing their shorts again: 26,501.51 BTC

That's actually really good.

We'll need the fuel as we go higher.
I'm laughing how I always rile up the cultists in both camps. Yesterday, the bear cultists have been telling me how foolish I was even suggesting a capitulation. Cheesy
legendary
Activity: 1764
Merit: 1002
Fools have actually been increasing their shorts again: 26,501.51 BTC

That's actually really good.

We'll need the fuel as we go higher.
N12
donator
Activity: 1610
Merit: 1010
Fools have actually been increasing their shorts again: 26,501.51 BTC
legendary
Activity: 1764
Merit: 1002
Let's try this again. 
legendary
Activity: 1568
Merit: 1001
I'm almost scared for those that are on the verge of being squeezed in such a fashion. It literally could be doomsday for them. Better know when to fold em and get on the right side of the emerging trend the other way. I pray some wise up and don't become victims of sleeping on the job. Not a matter of it but when and the when is lurking around the corner and soon.
donator
Activity: 2772
Merit: 1019
I have.  And its not pleasant.  In fact, they are extremely vicious.  Without appropriate risk management, they have the ability to wipe you out.

Imagine the Spring ramp repeating itself while you're holding short.  The mentality has settled in with virtually all the Bears that Bitcoin is done and is going to zero.  They are taking their victory laps and cheering their profits.  This type of mentality is just as bad as the speculative bubble, only in reverse.  

I have most unpleasant news for you.  The Squeeze of the Century is coming.  It may not be tomorrow, next month, or even next year, buts its coming and you will be crushed.  

I know the feeling.  You shorts are probably sleeping less well now while you're making profits than you did before.  Thats because deep down you know the protocol has not failed, you know that 99% of the people want Bitcoin but just don't know it yet, you know the developers are still out there and working on improvements, and you know that big money is waiting on the sidelines for the perfect time to buy and buy hard.

Typically the ramps come in the middle of the night.  You wake up and the price has doubled trapping you deeply in the losing trade.  You wait and wait for the price to come back down but it never does as the price moves upwards incessantly to force you to cover.  The pendulum has swung too far to the wrong side.

Just wait.  Its coming...

+1
legendary
Activity: 1904
Merit: 1002
http://bfxdata.com/combined/btc.php

Did someone just close a 5k short and then reopen it shortly after?  That's an insane amount of bitcoin swaps that seemed to move together.

Edit: No trades during that time... perhaps it is a whale who had already closed his shorts trading in his swaps for a lower interest rate... Even if all the selling since then has been this big fish, he still has a lot of dry powder that is burning interest.
member
Activity: 114
Merit: 10
man, this must hurt.

I just came here to say its epic how you are keeping your 3 year old thread rolling, its pretty badass really. Feels good, good times
legendary
Activity: 1764
Merit: 1002
legendary
Activity: 1414
Merit: 1000
yes, that is perfectly reasonable.  but day trading over long periods of time on an unregulated exchange in Slovenia is crazy.

As happy owner of new bitcoins I can confirm that first round was successful. Bitcoins are secured in cold wallet.
sr. member
Activity: 294
Merit: 250
I did not wake you up, cypherdoc.  Why would I?  How would I?  Don't think about it now tho, wait 'til you're better.

Have you called 911 yet?  Is help on the way?

keep selling/shorting, baby.  keep selling...

shorting btc is fun and we all like to accumulate, but if we crash btc to 0 then all the btc we made shorting isn't worth shit.
legendary
Activity: 1764
Merit: 1002
13.64% higher than the 300 wall.  nice job trolls!

RIP Stampfuck.
legendary
Activity: 1008
Merit: 1000
How much higher do we need to go before we trigger a cascade of closed short positions?
legendary
Activity: 1764
Merit: 1002
where the hell did all the trolls go?
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