I'm on bfx for years..
you gotto know the bugs if i can call it that . i had an opposite position once too. due to close clicking never marketsell .. always put limit orders below spread price....
thats basically it.
they are still in beta i guess.. so ther's not much you can do about it legaly i'm afraid..
i'm still a fan of their platform though..
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I would love to have another year to accumulate more coins. I could easily triple my stash by then.
But I don't see it going that long without a bubble, even if it's a small one.
How are you going to triple it? How do I triple my 0.9? without buying with more FIAT because I dont have any left.. get a job
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i'm trying to get my head around this..
keep it simple for me : so i buy 1 TH1. when it expires.. i only have what the dividents returns right?.
so lets this example : September 16, 2014 - 03:08:44 AM CEST 320898 3,428.01 100 25.062 0.73109187 1TH would give me 0.7 /100 per day right? 0.007btc.
so if difficulty asuming would be stable .. it will take 1/0.007btc = 142 days to break even.. if you bought 1th for 1btc
so how long are those th1 contracts running..
am i making mistakes in my calculations?
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this forum has become a btce trollbox in slowmotion .. who are you trying to troll.. old trolls who already know the game.. wait for the new kids after next bubble.. it's more effective
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my prediction is 3500 - 4000$ if we can cross 800$ this year.. If we go up from here 450 ish.. this might be the last time we have been here.. don't think for a minute guys like draper cannot put price over 1000$ them selves.. remember gox bot.. now there are guys who actually have this amount of fiat to push price up. and remember when price goes up.. not many miners will sell until it reached a bubble pop.. thats why they are mining in the first place.. the guys who cashed out with high profits to buy stuff already did.at bubble pop 2013.. . it the one's selling now are traders to get more coins .. gotta thank the weakhands for the coins we have today at this price look at bfx ask side.. how many coins left ? soon we will realize.. wait.; where are all the coins at? i have this long term theory. big guys only can become bigger if they stach more coin. not because they will be able to cash them out in 1 sell.. they would crash market to 10$ or something.. but if they keep their coins they have to sell less coin for more fiat.. keeping them coins for the long run when coins will be hard to find 2016 halving .. i'm wating for you
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so yet again someone puts 2k+ coins on Stamp and Finex and pushes the price down on Huobi, who the hell can afford to sell 5k coins every few days for weeks? It's like he waits for the last batch to clear to the bank before selling another 5k+
Miners. They make 6 * 24h * 25BTC = 3600BTC/day. They have to sell them to cover the cost of electricity + equipment. good thing the miners of 2010 still have to sell for their electricity bills right? .. not all miners are new guys.. them old guys have many buffer left.. most miners mentality is not to sell if they dont have to.. if they did.. market price would be 1$ All i see is 1 or 2 whales pushing price down for months. when they get stuck.. they pump it up. until market slows down .. then putting walls on top of it.. and push down again.. they gonne do this until they are loaded with cheap coins.. or until market sais : halt.. i think we are at the halt phase.. 450 ish.
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so yet again someone puts 2k+ coins on Stamp and Finex and pushes the price down on Huobi, who the hell can afford to sell 5k coins every few days for weeks? It's like he waits for the last batch to clear to the bank before selling another 5k+
or..........it's different people. same guy.. playing a rotating game.. until he starts to rotate to the upside
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dont sell.. let the big guys sell themselves first.. i'm talking 1k or 2k sell..not a few 200 300 400 sells .. it's them trying to make you sell or some weakhands.. HODL i'm so bored with months of bear bear bear.. lets get out of this stinky place and leave all them bears behind. it could be you who hold all the worthless bags at the last after all investors so called "weak hands" sold their coins you again.. bear bear bear.. bla bla bla. spamming everywhere i'm on both sides of the trade no worries for my baghold positions .
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dont sell.. let the big guys sell themselves first.. i'm talking 1k or 2k sell..not a few 200 300 400 sells .. it's them trying to make you sell or some weakhands.. HODL i'm so bored with months of bear bear bear.. lets get out of this stinky place and leave all them bears behind.
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i was looking at bitfinex for a while and it is just absurd...
. . .
it's crazy...like people actually want to lose money
When people throw money at you, accept it with a smile. I expect that nearly everyone here is a long-term bull. I can't think of a justification for btc being in the 400's, except market malfunction. Everything in fundamental analysis is golden. Sentiment analysis changes everyday: moon, hell, moon, hell. Technical analysis seems to be broken most of the time because this such an emotion-driven market. After Dell, Global Payments, the Ebay subsidiary, etc., etc., etc., good news after good news after good news, does it make sense that btc is selling for 495 or 500? I think no. I stopped trading, bought a long term position and will wait for the top. Smile, buy coins, be gracious when the price goes back up. buy more = lose more, there is no "cheap coins", coins will always be cheaper and cheaper are you a bot to spam bear crapp all over the forum lol ?
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Hats off to Bitfinex team and Congratulations for perfect handling of the margin call liquidations !!! This was really something, I watched it all in real time. To everybody else, it is now official, we have some 30 million worth of morons among users, who were holding onto their losing long positions till the very end. I am trully sorry about your losses, but you did knew perfectly well, all along, about what could happen to your positions, and it did happened.
Quite a harsh statement. But please, enlighten me, how exactly did it unfold on bitfinex? Ente I agree on the harsh statement. what if price shot up? them crazy swap longs would have made a big buck.. ppl are so emotional all the time in btc..
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Can we get a forum option of auto-ignoring people with <10 posts? That would be sweet
+1
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I'm so damn tired of these dumpers and these people putting up ask walls the minute we're about to go up. It's like they do everything they can to make sure the price doesn't go above 600. Sooooo tired of it.
this is what is happening .. and if you are a bull you should be happy about it. put walls on important points fibs or psychological round numbers.. or at tops .. like 680 was a a good point.. since market was rallied out.. others will put asks infront of you.. and with price going down .. others will add asksk.. this way ppl who want to buy in "cheap" (anything below 600 is cheap).. can.. because we gonne test ath anyways.. so doubling investment is as good as sure. now big players are slowly buying in. with as good as no slippage.. once the market is ready to go up .. and it will at some point.. suddenly you'll be looking at thin ask side on orderbook and only nice ask sharkwalls in higher prices.. which attract them buyers.. the sharkwalls are the whales slowly selling up ... they gonne push up as hard they can so they can keep on selling higher and higher.. it's all about waiting, and waiting and waiting.. and don't lose coins trying to trade.. at this point.. i only buy new coins.. dont care much about the price.. aslong it's below 600.
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also the ridiculous ROI poeple have reported for just lending USD on finex, seems to indicate that the "credit bubble" has much room to grow.
Do you think that all that FIAT money that is 'parked' in Finex is good for the price of Bitcoin, since it is effectively being used to buy more bitcoin, or is it bad for the price. I'm trying to figure out the exact workinga and implications here Just free market at work here.. ppl dont want to miss out on the bubble so they are loaning or buying on margin.. in advance (remember you can be in btc or in usd to loan fiat to buy coins, so it's an potential accumulation of both sides of the pair, which is why it can be much much higher then what we are seeing right now.. there's 10k btc whales out there that can move their coins in and out anytime ) now if the loans are getting to expensive ppl close them..hence the selling . but meanwhile others taking new one's thinking the bubble is just around the corner. I dont think the loan/lend market is unhealthy at all.. thats why we are hanging around this price and the loans can keep on going.. Now to me the guys lending are taking usd profits .. probably buying up slowly new coins with them .. at some point the market will have no more coins willing to be sold.. at that time there will be less coins available (yes i think the ask walls are fake on bfx .. and put there with their usd equivalent without taking loans ) and the bubble can start. because a) many ppl had to pay swaps.. and lost fiat or part of their btc holding... . b) the lenders are buying the coins right now slowly with profits c) the big ask walls will suddenly go away d) everybody will suddenly realise how they can't buy the same amount of coins anymore with the fiat they had..before due to lack of asks.. e) bulls will trapp many bears .. this is why i just buy and hold.. i lost to many already on this leverage/margin game.. smart money is taking coins and fiat from market.. until market has no choice anymore to just rally up. i'm a perm bull since 400 so i might be bias .
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russia went more postive again on bitcoin, lately. europe just did some research.. and warns a bit for risks.. they want to keep viritual currencies away from normal banking for now.. because cryptos are of high risks.. they not banning on exchanges or antyhing like that. rtfm man.. the cheap coins attempts are getting funny lately thanks for that .. gotta scoop a few below 630 wich was my target.. alsong 1 country thinks btc is not bad.. btc is winning. soon there will be, and are already. crypto safe heavens to play outside the box.
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I seriously doubt it. While I have no overabundance of faith in the USMS given they are not going to release the results information at all: 10. What information about the auction process or results will the USMS release? The USMS will contact the winning and losing bidders directly. The USMS will not publicly release any information pertaining to the auction process or results. From: http://www.usmarshals.gov/assets/2014/bitcoins/faqs.pdfAnd have not even contacted the winning and loser bidders directly yet, I doubt OP's information. The winners will have an incentive to push up the price of BTC by suggesting they paid a high price while the losers should downplay what the prices were. Should be interesting. it will be funny if only the winning bidders know what the actual price is.. they can indeed make false statements about their bidding.. although it would be bad for their reputation to do so.. still they can say whatever they want . this auction is strange.. why all the secrecy... why not let them bid against each other.. in the open..
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depends on how you look at it:) 900 seems a lot now.. not that much in a year.. they might be building a solid support for the years to come.
although.. i think the reddit post is bs hehe
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Going to $1000 by July 4th. Or Now
I believe. A friend of mine, whom I told many months ago about BTC, said she was praying and God told her, and it appears with a feeling of urgancy, to invest in Bitcoin. Now that is bullish news! Is that for real? Also it would be nice to see 800 by end of June but not real at all. No resistance after 800. And yes, if BitChick says so, it is for real. agree on the no resistance left after 800. it's only easy up from there..
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