Holy shit men. These are powerful dumps. You'd all better hope BFXdata just hasnt updated yet, because if there really arent new shorts or closed longs yet...
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More longs opening are slowing the fall. Which is very bad..
Bad for what?? Bad for the next month as they are all closing, good for the very short term (this week). Sort of like if you checked BFXData, and saw that 10,000 shorts opened today. Yeah, it's really bad today (because that would knock the price down a lot), but in a few days they'll all be closing and pushing the price back up from wherever it is then.
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IS this fall normal??? just an correction?? or is it extraordinary?? Does it go faster, normal or slower then average?
No its not normal its all the fucking idiots long on margin who caused the rally in the first place. According to BFXdata, longs are still rising, so they are not responsible. They will be responsible for the $100's once they are margin called though.. Who do you think is catching this knife? Do you think its real money or do you think its more margin. Think that should give you your answer. More longs opening are slowing the fall. Which is very bad..
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IS this fall normal??? just an correction?? or is it extraordinary?? Does it go faster, normal or slower then average?
No its not normal its all the fucking idiots long on margin who caused the rally in the first place. According to BFXdata, longs are still rising, so they are not responsible. They will be responsible for the $100's once they are margin called though..
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Watching that price dropping like a predator When it falls this hard, it always goes back up. Even if only temporarily.. now seems like a bad sell point. Wait for mid $260s when the bears stop selling and the bulltards buy into shallow waters.
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ROFL Not sure if it was just bitcoinwisdom, but there was ~2600BTC single market sell on Bitfinex.
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Using excel to predict prices for an unstable market. Genius! Seriously.. take Econ 100 at highschool or something because.. wow.
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...
Bots are just stupid. Who need the price to be displayed here. Welcome in my ignore list. Yeah. I have to agree with you, Chartbuddy is a bit annoying as well. Though bitcoin going up is good news Hoping it can hit $300 next week. Chartbuddy is ignored by so many people here. i have the price displayed all the time on my phone (bitcoin checker) and my computers (bitcoinwisdom), i really don't need to read it here. Chartbuddy is one of my main reasons for visiting this thread. To me it's not about displaying the price. There are lots of sites that do that. It's about the nice graphical display of the changes in multiple order books. If it had its own site and updated every minute, it would be one of the tabs I'd always keep open. Yeah, I like chartbuddy a lot too. It's like btccharts, except you dont have to deal with that awful interface.
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Amazing how a 1% drop after double digit gains and the shits come out the wood work again Amazing how double digit gains after triple digit losses brings back the bulltards
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LMAO! Look at the BTC swap demand! And the rates; it's extremely expensive to go long right now and people are still doing it.
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All the buys that are happening on Finex are on margin it's not good and it's not healthy.
Holy shit lol! People are opening longs through the dumpage. Unheard of!
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This is fun to watch. Tons of buyers placing their bids in front of the (once) 1.5k bidwall. If that wall goes, it took a lot of buyers with it.
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Bear puts up 300+ ask wall, starts to get nibbled but holds
Bull market buys it with a 320 coin order
Bear immediately anger dumps 500+ coins, showing his hand and emotional state
This is not the activity of a good trader. Plenty of gamblers left to extract money from.
He got 300 coins without slippage and someone else didnt want to risk others selling before them? Many explanations. Also, stupidity is a choice.. lol
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Crazy walls are back in action on the bid side at Finex.
Edit: Poof they are gone after a 1000 coin dumpage.
Someone creating illusion of support?
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Wasn't that wall like 40k at its peak? That one burned me hard.
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THE BITFINEX $1.2M WALL HAS BEEN REMOVED!
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2k ask wall at $295 @ BFX
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Where'd all the bitstamp asks go
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Well, someone wants to hold under 300.. What's with all the walls everywhere?
Or they know a breakout results in their asks being eaten in full, so walls at critical values are logical.. Not everything is a conspiracy
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