Bitcoin Forum

Who will start first ?

Hopefully the noisy 17 year olds trolling on here like sevvero.

What doesn't agree with your ostrich views is automatically a troll? Good to know!

Do you hear THE SILENCE?

everyone just watching and waiting.

ask, you are biased. You seriously messed up buying high and now want people to "start closing short positions". No, we aren't even NEAR the bottom, don't be delusional, we will go far deeper, maybe to $200 soon. You will lose all your money and frankly you deserve to lose it all, because you were such a dumb, gambling fuck.

No, those who tell people to kill themselves on the internet are automatically trolls.

Even if they mean it?

By the time we hit $408 (Bitfinex), the dumps had already closed like 70% of my shorts. I think I will let the rest ride, or otherwise stop it out if we break through $440 full steam ahead. $300s are still on the cards I think.

The fact that you're so emotionally and mentally warped that you actually would suggest that someone kill themselves implies a lot. In this case, it implies that you are probably not mentally stable enough to take trading advice from.

I just don't understand why you would ever do that. Who are you angry with? Why do you want them dead? Would you really gain satisfaction from someone committing suicide? Why?

Sevvero, my friend. I must admit that I like you very much :)

Sevvero =  Janet Yellen's cabana boy.

200? Bring it baby Bring it!

I love me some cheap coins.

Reverse psychology won't make the price go up.

You will get your cheap coins and tears and failed life along with it.

How? I bought most of my BTC at $10.

tears? If you can bring the price down to $200, they will be tears of joy!

failed life? Its too late for that. I already won.

Thank you guys!

Don't try your reverse psychology kindness crap here. Won't make you more money, you already failed big, get out now before you lose even more.

Is now the right time to stop??

It must be tough having all those accounts, sweating away making posts. Does it work ?

Nah short it down to $143.  Previous ATH before massive bubble

Agreed. The drop was too sudden and there was no rebound, will drop much more. Sell it all or lose your money!

There is no selling pressure any more. If I was short I would increase my short position to buy later at 350 USD/BTC or lower. But something is telling me that this will not happen.

Some here should be THE BOTTOM.

Shorts on BFX are closing their positions. Smart move.

Total Sum Active BTC Swaps            = 9273
Change Total Sum BTC Swaps (24h) = -1634

The more shorts closed at this price level, the more likely the most recent push was just a short squeeze. A real reversal would see organic buying pressure up to major resistance, and then a flurry of closing shorts providing the rest of the volume we need to get up over it.

Shorts closing now is important to the market because it cannot generate "free money". If too many people are poised to profit from a move, then it tends not to happen at all.

So, neither bullish nor bearish, really.

None of the shorts closed during the run up.  They actually increased slightly during that time.  Well after we peaked is when a few thousand BTC worth closed out.

One word: CIRCLE

There is not much time for shorts...

I really hope that you closed your short positions.

please edit your post instead of flooding...

circle is amazing ;)

I haven't had a chance to use it yet - but anxious to hear about it! Why do you like it that much so far?

Correct, If you read the info you can see this dead cat bounce we are having was just a short squeeze & since this run up to 350, massive short positions have formed... Once this starts going downhill it will become a snowball that gets way too big way too fast, you won't be able to catch it in time to close your long position  :'(

Y'all pretty luck in US, couldn't add my UK debit card for buying - suks

BTW is something going on with Circle?

The market has been searching for a bottom all year... The stock market took years to find the bottom before it had a nice bounce.