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Sorry, but I vote the other direction.
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I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.
Could you please explain it in more detail? Is it the ask spikes I'm seeing @ 750 and 768 Bitstamp? Or something completely different? Hint: China. I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.
I think hes drunk like me  Did I hear someone is drunk... Oh shit, just got home from the pub and I'm drunk too. Does this mean we're going down hard? We goin up! but im tryna get gone down on hard tonigt. gotta get off the phone and keep handin this girl dat plat card. #nolimit Bad idea. Never let a girl have the amex. I nearly lost my Centurion once. |
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I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.
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Now buying: dogecoin, only with 2 BTC play money.
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Bought out 3 large hodlers off exchange. Enjoying a short vacation in China, still have a few M in assets on me.
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I am buying with cash, gold, and some silver.
I am long term bullish, but sell when clients want to. Inducing panic only hurts my own holdings, which I have not sold a single BTC of.
Edit: (Long term, not trading wallet.)
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Picked up a large amount of BTC that would otherwise have hit the market, at the CNY rate.
Its not very difficult to bring large amounts of USD into China on a private plane. I have a close relationship with my A&P.
Single or multiple sellers? One so far, but I'm in negotiations with another. I'm still on USA time however, will have to wait until the rest of China wakes up. The big question is: Is Loaded the Winkledouches?
I'd bet for "no", they seem to have different styles.... But I won't bet too much. Only one way to find out: Yo, loaded! Nice try to freeload on Zuckerberg. When exactly did that seem like a good idea? (see, if he gets defensive, he's a Winklevoss. I'm *great* at psychology, I tell you.)Sure did I am not, but I've met them on several occasions, pretty nice guys. |
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Picked up a large amount of BTC that would otherwise have hit the market, at the CNY rate.
Its not very difficult to bring large amounts of USD into China on a private plane. I have a close relationship with my A&P.
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Dead/dying now. Going to sleep for 15 hours. Expect some upside IF I had any successful.
Yes, I did specifically have to request a normal toilet in a five star hotel suite. They put it in the bathroom away from where I'm sleeping. I ruined a thousand dollar suit the last time I had to use one of those.
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One thing bitcoin needs badly right now is a leveraged trading market with real capital. Bitfinex and Icbit are useless to us because a single margin deposit is likely to exceed their available funds.
I will move to China and follow Bobby around with a briefcase full of cash for you. My fee per day would be less then what you consider bitcoin dust. I would like to slap a couple people with a briefcase full of cash while I'm there. One thing bitcoin needs badly right now is a leveraged trading market with real capital. Bitfinex and Icbit are useless to us because a single margin deposit is likely to exceed their available funds.
How would that solve the volatility issue? If anything it will create more of it by putting in more capital bottlenecks. The very same ones you are having issues with right now. Its pretty obvious he wants to buy right now, but has no funds. With leverage he could use coins to buy coins and volatility during a crash is reduced by large bids and buys. But the issue with bitcoin is counterparty risk. What happens when those leveraged counterparties don't deliver the BTC and that will happen. Currently at least on the exchanges you more certain the bitcoins you are buying exist. Those counterparties would have to have a billion in holdings as a minimum in order to support multiple clients. |
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One thing bitcoin needs badly right now is a leveraged trading market with real capital. Bitfinex and Icbit are useless to us because a single margin deposit is likely to exceed their available funds.
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This is why I tell people bitcoin will succeed. Any amount can be moved around the world in minutes. While I'm on the phone for hours with "personal bankers" who are supposed to be there for you 24/7, and still can't get a wire into any exchange in a timely fashion. This is my money, and my clients money, we should be able to move it wherever we want. We're talking 10s of millions, not some small transfer where they'll screw around with you for calling late at night.
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USD nearly exhausted.
Been on phone with personal bankers for hours trying to get same day wires into the exchanges. Exhausted and don't see sleep coming soon.
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STOPPPPP!
There is tons of money waiting to buy at these prices, but WE CANNOT GET IT TO THE EXCHANGES.
All this panic does is lead to a longer recovery.
I am boarding a plane for China tomorrow (later today).
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Thanks for the cheap coins y'all, I have a very happy client and several very angry ones.
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I was about to say this was a point for the bears, with how 5k CNY support was broken marking a lower low on the last mini trend....
But Loaded's here... so umm... let's wait and see right ?
No excitement from me tonight. Just catching some dumpers and selling their coins back to them at my profit... |
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mmmmmmmmmm...whale caviar.
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Poll needs 100,000 option.
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