hello bulls!
you said I'm gonna regret for shorting @ 255, but I see how desperately and in a hurry you are unloading your bags. keep it above 250 and trap as many noobs as you can.
Right on clockwork back to protect your position! You realise 255 is less than two dollars away don't you? do you realize how stupid you sound? Says the man accusing Bulls of unloading their 'bags' when the price is flat/rising. ('Lel') |
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hello bulls!
you said I'm gonna regret for shorting @ 255, but I see how desperately and in a hurry you are unloading your bags. keep it above 250 and trap as many noobs as you can.
Right on clockwork back to protect your position! You realise 255 is less than two dollars away don't you? |
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The gold market is 99% speculation and 1% jewelry and computer parts. So what? And it does matter because you are just talking your book. Because when you are long you will spout an opposing opinion without believing it. That is important because boiled down it means no one can trust or believe a word coming out of your mouth.  Except it's not. Half of all gold mined to date is in jewelery. The point was to illustrate that a commodity with value can have a primary function of speculation at its core. And quoting actual gold distribution and use is pretty much an impossible task with any accuracy (how much is there again?). Phoenix there have been several short squeezes in the last year so not entirely sure what you are prattling about. |
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wait a minute ... you're telling me people lie and change their publicly stated views for sake of their own self interest ! ? ! ? ! ? ... wtf is this world coming to ...
I know ... and Inca of all people telling you this lol (who else ??!) While he likes to point out that shorts are increasing, which is true, that is far from the whole story In the last month shorts on BFX are up $2m Longs are up by $5m in the same period The market has been falling Meanwhile leveraged longs are up to a record high that is double what we saw in July in BTC terms Jorge ... can we do some maths here ? Where is the pain ? Meanwhile we await for Barry 'just another couple of weeks' Hypemaster Shillbert to save us and open the flood gates of Wall Street money (which was supposed to be coming in all of last year IIRC) Its looking good though ... so far there are bids for 70BTC on the 'ETF' whilst they overcome the 'delay' in getting certificates to permitted sellers  I am sure everything is fine though and we will moon as soon as Barry gets his act together and provides us with a highly liquid investment vehicle that Wall Street just can't wait to get it's hand on ... I make it 4 million USD versus 2.75 million shorts but who is counting?In any case the long interest has always outweighed the short interest on finex. It is a curious situation but i think the fact you can go long with BTC is the likely explanation. Edit: you are right on the numbers actually.. |
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The new monthly pivot is at 259 and we got rejected well before. Testing the weekly support at 220 is a very probable thing at this point.
Rejected you say? The price is still in the 250's with a long weekend ahead of us. |
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I've been thinking, and it seems the bitcoin market is really really hyped up, but bitcoin's actual uses: a small pool of gamblers and addicts. That is it. Until it is used for real buying and selling (which it is not in the least bit) I think the price could go to as low as $20-$50.
+1 Xiaoxiao thought bitcoin was overpriced at 2 dollars and is currently short. I don't care. He's right: bitcoin is almost pure speculative currency and main non-speculative usage is buying drugs. This is great method of payments not only to dark markets but to local dealer (smart dealers accepting not fiats but only btc:) No you are just short and the price rose the last few days. I don't know why you are short since bitcoin is to be listed on wall st imminently. You are short, right? It doesn't matter whether I'm short or I'm long. You want to be in my wallet? One time I'm short, one long, one full fiat one full btc but what i think and i know about bitcoin as a pure speculation doesn't changing. Bitcoin = speculation 99% and 0.9% darkmarkets/drugs/gambling and 0.1% another usage, only fool can't see it imo. The gold market is 99% speculation and 1% jewelry and computer parts. So what? And it does matter because you are just talking your book. Because when you are long you will spout an opposing opinion without believing it. That is important because boiled down it means no one can trust or believe a word coming out of your mouth. |
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Woke up today, and remembered I owned a crap ton of bitcoin, along with Richard Branson and Tim Draper.
Realized life is good. Then I brushed my teeth.
Bullish.
Good for you. I can't hold as you can. But in the long run I think that bitcoin price is stagnant for too long. 2014 was a weird year Bitcoin has been on a roller-coaster ride, losing more than half its value last year. It never happened before, as we have only growing trend going on. People noticed that too and now general bitcoin user is sceptical and as a result we cannot pierce even $300 wall. Patience my fellow DOTA 2 player. Good price to accumulate if you believe in the project. |
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All the bulls that like to ridicule people for not being bullish have probably costed newbies lots of $ in the last 15 months. I think a lot of newbie investors probably would have sold a lot earlier if it wasn't for all the bulltards in the last 15-18 months on this forum. I wonder how many people bought at 1000+ and still hasn't sold yet.
How much did you cost people on here in 2011 by arguing bitcoin was overpriced at 2 dollars? The price subsequently rose more than 500x higher. If there is one thing we know on this forum, it is that your pathetic attempts at manipulation (when you are short) are to be ignored entirely. You are right you don't need to explain that obvious and somewhat irrelevent point, no. Who exactly is saying the price is going to rise 500 fold from here? It can rise 5 times just to reach the previous ATH however. Xiaoxiao has been thinking the price of bitcoin is going to fall dramatically since 2011 when it rose dramatically. He thought the price would fall dramatically after the subsequent two bull runs when it instead rose dramatically. Surprise, surprise, he now thinks the price is going to fall dramatically after having deflated naturally from the recent ATH. Opening his mouth tends to cost those who listen to his 'thoughts' a lot of money. He could be right this time of course. But I think he is a stopped clock, a contrarian signal who is probably bitter as hell that if he had just held the 1000 dollars he was playing with in 2011 rather than trading it he would be very significantly better off than he is now.. |
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I've been thinking, and it seems the bitcoin market is really really hyped up, but bitcoin's actual uses: a small pool of gamblers and addicts. That is it. Until it is used for real buying and selling (which it is not in the least bit) I think the price could go to as low as $20-$50.
+1 Xiaoxiao thought bitcoin was overpriced at 2 dollars and is currently short. I don't care. He's right: bitcoin is almost pure speculative currency and main non-speculative usage is buying drugs. This is great method of payments not only to dark markets but to local dealer (smart dealers accepting not fiats but only btc:) No you are just short and the price rose the last few days. I don't know why you are short since bitcoin is to be listed on wall st imminently. You are short, right? |
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All the bulls that like to ridicule people for not being bullish have probably costed newbies lots of $ in the last 15 months. I think a lot of newbie investors probably would have sold a lot earlier if it wasn't for all the bulltards in the last 15-18 months on this forum. I wonder how many people bought at 1000+ and still hasn't sold yet.
How much did you cost people on here in 2011 by arguing bitcoin was overpriced at 2 dollars? The price subsequently rose more than 500x higher. If there is one thing we know on this forum, it is that your pathetic attempts at manipulation (when you are short) are to be ignored entirely. |
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Shorts up to 25,000.
Looks like this latest mini dump to erase the bid side orderbook and try and get momentum selling into the 240's was mainly new shorts being opened.
Fireworks soon. Hopefully we get a single market order on finex to squeeze the 11,000 new short contracts opened in the last 2 weeks.
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I've been thinking, and it seems the bitcoin market is really really hyped up, but bitcoin's actual uses: a small pool of gamblers and addicts. That is it. Until it is used for real buying and selling (which it is not in the least bit) I think the price could go to as low as $20-$50.
+1 Xiaoxiao thought bitcoin was overpriced at 2 dollars and is currently short. |
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28382 USD
15.41 BTC
roughly the daily swap interest payments
Very roughly! |
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been a long time without an exchange hacked or something i'm bored
Give it a day or two. Support at 250 is gradually catching up with asks at 260. |
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Jorge, if a minig cartel ever threatened to change the rules of Bitcoin, the value would plummet as everyone jumped ship to a new coin. Why would they ever do it knowing that it would devalue their assets?
This is a nonsense answer to me. Why would they have to threat anything? They CAN do many different detectable and undetectable manipulations, with or without violating Bitcoins rules. There is no need to change the rules. They could manipulate: TX relaying, block relaying, not mining TX they dont like (to low fees, unwanted origin), banning of nodes, spying on users, etc. They are free to do any of that now. But a pool that does won't see as much revenue because no one will want to point their miners there, so again there is no incentive. Exactly. These are all completely pointless debates. No mining pool will risk upsetting their income. A malicious 51% attack would result in immediate changes being implemented by a consensus driven by protecting bitcoin by every other player. |
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But with the price at 800 $/BTC, on the other hand, postponing the halving would give them ~500 M$ of extra revenue per year...
Yes but ONLY IF Bitstamp, Bitfinex, Bitpay, BTC-E, Second Market BIT, Winklevoss fund, etc accept these "Bitcoin" The funds, and anyone who only holds bitcoins without moving them, can just wait for the outcome and then upgrade or not, as appropriate. Like other active bitcoin users, the exchanges and payment processors will have to choose between upgrading their software and working only with the 25 M chain, or sticking to the 21 M chain and having all their coins frozen, until if and when the "attack" fails. While trading inside each exchange could continue with no problems, all bitcoin withdrawals and deposits would be blocked. For those companies too, switching (and urging clients to switch) should be a no-brainer. If what you say is true then why has it not happened yet? |
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again this story about short squeeze? better look at those fake bids so nicely stacked in close 240 + range. 7 k to 240 and then like 4 k till 220. but keep buying in 250+ range pigs. we need you. Enough yapping. But I suppose that is all you can do apart from help the price higher when you cover. |
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Shorts up to 24541.
Hmm.
Swap interest rate on shorts up to 0.07% per day, long swap interest down to 0.094%
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wow shorts are actually increasing....
you'd think they'd cover knowing its going to be >300 in <2weeks
Retail gonna short. |
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