Lol Hows your day been adam? meh, i'm sick as hell, had to go see a doc today, started taking antibiotics. going to bed now... at 8:30pm lol ah gws mayn. Need to be up early tomorrow for more bitcoin craziness
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Lol Hows your day been adam?
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Tbh I wouldn't be surprised if there is some big news coming, that mini pump looks like insider info.
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Lol market maker just filled his shortssssss
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bitfinex order book is looking really bad.
3 k till 230.
if we go under 210 sell everything.
Yet it refuses to go any lower! I know you're probably extremely short right now, possible on margin, but I hope you've set your stops accordingly... I hope he is short on leverage and gets burnt badly. He used to be sort of a good read but nowadays it's getting close to trolling. I don't have to read what he has to say, there is nothing new. He's morphing into LambShroomie. Maybe he fears a bull market and misses 2014. But this is getting old quick. Short from 290's I think he's quite safe from being burnt.
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This is not good, if we break below the 1day cloud shits gonna get real.
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Just in case it has not been posted before, and someone is curious:
The ~50'000 BTC destined to the recent USMS auction had been stored since 2014-12-08 at this address:
12pCPrWvudnefJCtXQUBcm9z2NogtC3Rix
Starting on 2015-03-09, those coins were split by a sequence of transactions into three chunks that seem to be transfers to the winning bidders:
~3'000 BTC to 1BdmMnKQ417EpUngAnJCYmjYmD9Cud9iZB (on 2015-03-09)
~20'000 BTC to 1EAPKSvouAkFJWr5HuNF6wrz4fCN2FBvaY (on 2015-03-09)
~27'000 BTC to 1DPx2UJtwCQ3N8eGiuDoZSCB7x3rAPWcXw (on 2015-03-10)
The payouts to winners can be identified with some confidence because each amount is "biddable" (i.e. m*3'000 + n*2'000, for some integers m and n), minus a small amount compatible with the transaction fee. (The USMS announcement explicitly said that trasaction fees would be paid by the winner, hence deducted from the amount sold.)
Thus it seems quite likely that there were three winning bids, as above. The last one, paid out on 03-10, may have been a second call after a first-round winner failed to pay in time.
Beware that those three bids may have been made by the same person or company. In the 2014-12 auction, the USMS released the coins to 10 distinct addresses, the first 9 receiving about ~5000 BTC each, and one address receiving ~3000 BTC; even though all those 48'000 BTC were bought by the same entity -- the SecondMarket syndicate of small bidders. The syndicate most likely offered different prices for each lot; according to the auction rules, they would have had to submit 10 separate bid forms, each form bidding for one 2000 BTC lot and one 3000 BTC lot. So it seems that the USMS issues one separate transaction for each bid form, even if two bid forms were submitted by the same entity.
Jesus you've been away a while. Go do some research, you'll be able to find out exactly who won the 3000 and also what happened to the 27000
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I'm out.
These price fluctuations are a testament to bitcoin's volatility.
Smell ya later when the price is a bit more stable and reasonably priced.
See you in the thousands then, thats the only time there will be enough liquidity for stable prices. silly bitch Why silly? (Because she's right.) Don't know about the bitch part, though. I must have missed the part where I changed into a female lol.
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I'm out.
These price fluctuations are a testament to bitcoin's volatility.
Smell ya later when the price is a bit more stable and reasonably priced.
See you in the thousands then, thats the only time there will be enough liquidity for stable prices. silly bitch Cya later newb I see some people are talking about bears and bulls? What the heck does this have to do with bitcoin anyhow? I'm a total newb by the way....
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I'm out.
These price fluctuations are a testament to bitcoin's volatility.
Smell ya later when the price is a bit more stable and reasonably priced.
See you in the thousands then, thats the only time there will be enough liquidity for stable prices.
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I see some people are talking about bears and bulls? What the heck does this have to do with bitcoin anyhow? I'm a total newb by the way....
In stocks there are "bear markets" and "bull markets." For an over simplified description: Bears are pessimists Bulls are optimists Bears believe the price is going down Bulls believe the price is going up Why anyone who is involved with BTC enjoys being a "bear" is beyond my understanding. Sure, bear markets are a part of the cycle but I would think logically being a long term "bull" makes more sense.
Because it is the way you make money in a bear market like this one for 16 months? Follow the trend and make money. Don't fight against it. I get that. Taking advantage of the trend is smart, if you have the ability to do so. But when the price starts to swing the other direction do these same people become "bulls" or do they just stay "bears?" I have respect for those that are bears in a bear market and bulls in a bull market and have the wisdom to see which market we are actually in! Of course they become bulls but lets not forget we're in an overall 15 month long downtrend. Each time making lower highs. $315 was the top of the "coinbase pump" if we go down from here its still a bear market imo after not convincingly breaking $300 and retesting the previous bottom is not out of the question. Anyone who tells you thats impossible are the same people saying we could never go below 400300 200. People would make so much more money if they didn't fight the trend. Yesterday was an epic day, profits were over 300%. Just ride the trend and don't sit there staring at the screen wondering why. Yesterday was black swan news driven. Technicals were overbought but you had no idea that would happen. Show off your profits though The 'news' was just the grease for the wheels, its not like these guys were dumping thousands of coins and that's what bought it down. The market was ready for a drop, too much hopium and too many leveraged longs. Was saying for days before we were going down so actually yes did know it was going to happen. Would have at least thought longs would come down but nope we just keep piling them on. Bulls were out of steam and couldn't even break past $300. We're at ~1/5 of the ath and couldn't even break $300 that's a sad state of affairs particularly as were in a bull market now, right? You think I like $50 drops, even if my profits were that on my trading stash my fiat value still took a huge hit.
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I see some people are talking about bears and bulls? What the heck does this have to do with bitcoin anyhow? I'm a total newb by the way....
In stocks there are "bear markets" and "bull markets." For an over simplified description: Bears are pessimists Bulls are optimists Bears believe the price is going down Bulls believe the price is going up Why anyone who is involved with BTC enjoys being a "bear" is beyond my understanding. Sure, bear markets are a part of the cycle but I would think logically being a long term "bull" makes more sense.
Because it is the way you make money in a bear market like this one for 16 months? Follow the trend and make money. Don't fight against it. I get that. Taking advantage of the trend is smart, if you have the ability to do so. But when the price starts to swing the other direction do these same people become "bulls" or do they just stay "bears?" I have respect for those that are bears in a bear market and bulls in a bull market and have the wisdom to see which market we are actually in! Of course they become bulls but lets not forget we're in an overall 15 month long downtrend. Each time making lower highs. $315 was the top of the "coinbase pump" if we go down from here its still a bear market imo after not convincingly breaking $300 and retesting the previous bottom is not out of the question. Anyone who tells you thats impossible are the same people saying we could never go below 400300 200. People would make so much more money if they didn't fight the trend. Yesterday was an epic day, profits were over 300%. Just ride the trend and don't sit there staring at the screen wondering why.
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wanna hear something funny? of course you do. i dont actually know how much monero i own. i dont remember how much it was, and i don't have enough ram on my computer to run the client and see, and i cant just look up the address on the explorer. ha! I do know that its less than i wish i had. Only one solution to that then, buy some more gawd damn it!
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Well, I only lost 15 bitcoin today... that not good. Did you sell to realize those losses? I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286. Feeling sick, worst loss in my 3 years of trading bitcoin Sorry about your losses, 2 words though, risk management. Never let yourself get margin called. Luckily it appears there weren't that many people like you going leveraged longs with really tight margins who get called once position moves 15% against you. Hopefully you learned your lessons. Now can we get same people piling up on shorts, love seeing those getting squeezed. Everyone on okcoin futures will be margin called if the market moves 15% against you. Even at 10x. Don't you lot understand how bad it is that there are as many longs now as there were when this drop started. Not familiar with okcoin was going by finex. Believe they require 30% to open and 15% to margin call minimum. Honestly I am a perplexed why more didn't close. On one side it's good as they have fatter margins hoping for more mature traders who know what they're doing but on the other side there's still potential of them getting squeezed causing a domino effect He clearly says he had 5btc margin called on futures. All it means is there is going to be a huge amount of resistance going back up as these people who have been looking at their negative p/l for days or weeks sell off. The whole rally was built on margin and now we're 50 bucks down with the same amount of margin longs. Put it this way, I'd put a higher weighting on visiting $220's before we see $290's again.
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Well, I only lost 15 bitcoin today... that not good. Did you sell to realize those losses? I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286. Feeling sick, worst loss in my 3 years of trading bitcoin Sorry about your losses, 2 words though, risk management. Never let yourself get margin called. Luckily it appears there weren't that many people like you going leveraged longs with really tight margins who get called once position moves 15% against you. Hopefully you learned your lessons. Now can we get same people piling up on shorts, love seeing those getting squeezed. Everyone on okcoin futures will be margin called if the market moves 15% against you. Even at 10x. Don't you lot understand how bad it is that there are as many longs now as there were when this drop started.
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Well, I only lost 15 bitcoin today... that not good. Did you sell to realize those losses? I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286. Feeling sick, worst loss in my 3 years of trading bitcoin Sorry about your losses, 2 words though, risk management. Never let yourself get margin called.
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This is so far from over
Told y'all
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You have no idea what your talking about .
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Well dunno bout you guys but I've had a brilliant day.
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