Whose fault is the bear market:
1) Bearwhale 2) Traders 3) ?
3) 100% BLITZ - no doubt or 4) the professional hired beartrolls , paid by the government and banks, like falling. They did this!
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Bitcoinmarkets are like a soap opera today. I can see so many heartbreaking and probably life changing emotional trades happening.
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360-375$ seems doable in the next 12h-24h. After that, nobody knows Bulltrap or reversal, the epic question as always. I definetely like those candles & volume on all exchanges.
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Stamp asks removed... 600 coins to 372
edit: A few more now ... 1500BTC
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It seems like the bear (hidden bull) whale target has been reached. I guess we will have a few days/weeks/forever( ) without a new low.
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Nice green voluminous candle@Huobi!
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CHEAP COINS (grab em while you can) Le bounce incoming.
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Guys, seriously, are you fucking out of your minds? "If it goes wrong I'll go live under a bridge, but it it goes right imma be rich!" Some of you are just asking for trouble, this is not a fucking game. But going leverage short in this price area is a safe game, right? Lol
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6000 BTC down to 340, 6000 BTC up to 470 @bitfinex
People are pulling their asks and market sell. That may be the case, but it is still impressive. If someone start buying strong we are going to see green fireworks. People shorting at this level are playing with fire... True, but this orderbook condition, especially on Finex, is existing since weeks. Beside the Paypal bull-trap no one made an attempt to execute an short squeeze. Not yet. But short interest is rising considerably. Soon it will become profitable to turn the trend on it's head. I was hoping it would come sooner but I expect a burst of selling causing a flash crash then an incredibly high volume reversal followed by sustained buying. This may be followed by a big bear trap and then further heavy buying until the shorts are burned. And before you ask where the cash is going to come from, it is from the people who have sold literally tens of thousands of coins in recent months to drive the price this low. I am aware of this and totally agree with you, sooner or later it will happen, and it will probably be fast and brutal. I just have no idea in which price area it will be.
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So far every "crash" in Bitcoin ended with a downards spike, i doubt it will be different this time. WeŽll see
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6000 BTC down to 340, 6000 BTC up to 470 @bitfinex
People are pulling their asks and market sell. That may be the case, but it is still impressive. If someone start buying strong we are going to see green fireworks. People shorting at this level are playing with fire... True, but this orderbook condition, especially on Finex, is existing since weeks. Beside the Paypal bull-trap no one made an attempt to execute an short squeeze.
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6000 BTC down to 340, 6000 BTC up to 470 @bitfinex
People are pulling their asks and market sell.
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Russia bans bitcoin and all you "end of bitcoin" bears can't even drop the price under $350?
I was promised <350, <300, <270 coins!
In a few minutes you can buy your <350$
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Yesterday we had 247 new members of bitcointalk forum. This is the lowest number since the last bubble started almost a year ago.
and many accounts from that above number are fake, in other words not really new adopters but rather from scammers (because Bitcoin is the heaven of scammers) and for advertisement and to sell later and... IŽm not a scammer nor do i plan do sell them later, but i still have around 25 other accounts
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A walrus is also a mini-whale, which i am about to become soonish
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Choo choo@ OKcoin BTC/USD
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Question as I have been out of the game for awhile...
Watching BitStamp from bitcoinity, what's with the CONSTANT movement of the asks? Is that just bots jockeying for position?
Yes
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Buy button broken @ Stamp?
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