I'm going to buy a handful of shares, db won't go under. Banks are going to be making money forever. The toxicity doesn't disappear just because they get bought or bailed out. It just makes the host toxic. Who was one of the biggest triggers for the 2008 banking collapse ? Royal Bank of Scotland. Why ? They were reasonably solvent until they "took over" ABN Amro, half of who's balance sheet was filled with toxic sub-prime securities. Like swallowing a bottle of bleach. Similarly, whoever buys Deutsche, the experience will be like "swallowing a bottle of bleach". But maybe that's something that some people enjoy  They want to merge DB with Commerzbank? That would be merging two bottles of bleach... .  More like mixing Ammonia and Bleach  |
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My favorite past time is to watch shorts get liquidated. There's plenty sitting there ready to be demolished for sure:D |
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Hardly any shorts closed at all. Just get all comfy and short to your hearts content. LOL Longs have been closing almost as soon as they open. Not a very good sign for an extended bull run.
 I do hope I'm wrong on this one but take a look for yourself. Shorts just are not closing. They just keep going up. https://datamish.com/d/000000004/btcusd?refresh=20s&orgId=1 |
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Hardly any shorts closed at all. Just get all comfy and short to your hearts content. LOL Longs have been closing almost as soon as they open. Not a very good sign for an extended bull run.
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Bears still way to comfortable. Longs going down and shorts going up on this last little pump. Then again, that would be nice fuel with few longs to impede the rise. Only 125 mil short rekts on Bitmex since yesterday. I'm looking for at least 400mil short carnage to really have some hope of a new run up.
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That was 1 impulse up. Hopefully we get a mirror of LTC and get a followup impulse up soon on BTC.
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Oh man, that's some serious short rektage.
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LTC seems to be impulsing up but BTC isn't really moving. BTC should be knocking on 4k right now and maybe LTC is showing a glimpse of what will come in BTC soon.
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Fair market for some of my coins was 17k, next is 50k, and 100k, then some are priced at 1 million each. Hey, I determine what I sell my coins for. Good luck, I'll never completely sell all for inflated fiat though.
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Most of the manipulation probably comes from the exchanges themselves. They actively trade against their users. It's well documented that they do this. They state that their trade "Teams" don't have any data that any other trader has.. but ummm.. You know they have more. They can see all cash flows in and out of the exchange. How much is in each account and what orders are being placed.. If you see someone drop in 100k BTC and start market selling.. what would you do? I'd sell as quick as possible and open a ton of shorts. Voila... this is what you see now.
Now the opposite, see a bunch of cash come in and you buy right away before the users get a chance to buy.
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Aww man, there's a 1300 buy spoof order on Bitfinex. Looks like we'll drop.  Hate when they do that, it always goes the opposite direction. Except when they put the big sells in then everyone dumps. DOH |
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Hahaha, so funny to see Bcash crap going downhill so fast. It's not even in the top 10 of volume anymore. Behind TRON even. LOL Those dumb dumbs played Russian roulette with all the cylinders loaded.
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Wonder how all those shorts will be able to cover if there's not that many BTC for sell. I'm estimating at least 200k margin'd shorts out in the wild right now. All the sell order books are thin and don't even have that many until way above 10k. If this price suppression doesn't hold, oh wow it's gonna be a blow off top for sure.
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LOL, this is so stupid. This isn't even a possibility... It's infinitely more probable for BTC to reach 1 Satoshi=1 Dollar parity at some point in the future.
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But look how thin on the sell side of the real orderbooks are on exchanges. Took less than 2k BTC to push the price up >500 Dollars on Finex. So, all this dumping is pure price suppression. Looking there is less than 1k BTC to buy up to over 4k dollars. No one is really selling at this price just the exchange bots on a rampage.
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Don't like the DOW dumpage today. Means investors are skittish but they have been that way for awhile now with BTC. Hope it doesn't affect BTC price to much.
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While you have cash to burn.. sure buy away. Just remember not to sell if the price goes down, just buy more. Don't go all in, spreading out your buys over a longer period of time, is the best advice. Buy in small increments and average your price in. It's impossible to time the bottom.
You never lose if you don't sell below your buy in price.
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I'll take a beer. At 100k btc, I'd definitely need one or quite a few. |
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Oh wow, BTC to $1 = time to buy. LOL
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Read where DOW Futures point to an opening 500 points higher this morning. So.. those same people probably will be pushing up the price of bitcoin. Have a tight stop on shorts if you are in them now.
Also that dude in the article is a crackpot. LOL He totally missed the entire point of crytocurrency. Plus stating the tulip thing is soooo stupid. Just a medium of value exchange anywhere in the world is a huge point he missed entirely.
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