BlindMayorBitcorn (OP)
Legendary
 Offline
Activity: 1260
Merit: 1115
|
 |
July 18, 2015, 11:21:02 AM |
|
Speculations?
|
Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
|
|
|
|
|
|
|
|
|
|
If you see garbage posts (off-topic, trolling, spam, no point, etc.), use the "report to moderator" links. All reports are investigated, though you will rarely be contacted about your reports.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
kwukduck
Legendary
Offline
Activity: 1937
Merit: 1001
|
|
July 18, 2015, 11:36:46 AM |
|
Nothing left to say but "i told you so"...
These short deep crashes will start to occur more and more, first on btc-e, later they will shift to other exchanges.
Just look at the orderbook on btc, even a small dump will hammer the price now.
Sellers will want to move to other exchanges, causing demand there to plummet, the cycle repeats.
Don't say i didn't warn you guys about a huge upcoming crash after the last 'rally'.
|
14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
|
|
|
Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
|
|
July 18, 2015, 11:44:01 AM |
|
Individual exchanges don't matter. The average price crashed 5 bucks. Woo.
|
Look inside yourself, and you will see that you are the bubble.
|
|
|
|
|
Amph
Legendary
Offline
Activity: 3206
Merit: 1069
|
|
July 18, 2015, 11:51:46 AM |
|
Nothing left to say but "i told you so"...
These short deep crashes will start to occur more and more, first on btc-e, later they will shift to other exchanges.
Just look at the orderbook on btc, even a small dump will hammer the price now.
Sellers will want to move to other exchanges, causing demand there to plummet, the cycle repeats.
Don't say i didn't warn you guys about a huge upcoming crash after the last 'rally'.
btc-e is shady as fuck i would not trust them with my money, nor i would trust the value on their exchange, it could be for every unimaginable reason like they they are losing users and so they are artificially manipulating it until it crash on every exchange, any other big negative peak count nothing |
|
|
|
|
BlindMayorBitcorn (OP)
Legendary
Offline
Activity: 1260
Merit: 1115
|
|
July 18, 2015, 11:58:46 AM |
|
Good point. I remember that. Well somebody wanted out. The fat-finger theory seems far-fetched. read this news:
-redacted-
You scoundrel. Get yer sketchy links off mah thread  |
Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
|
|
|
jubalix
Legendary
Offline
Activity: 2618
Merit: 1022
|
|
July 18, 2015, 01:29:41 PM |
|
can not be a true sell by a rational actor, as they could get a much better price by using multiple exchanges....so basically meaningless.
|
|
|
|
|
Wandererfromthenorth
|
|
July 18, 2015, 01:50:56 PM
Last edit: July 18, 2015, 03:29:11 PM by Wandererfromthenorth |
|
Same thing that happened on August 2014. Market maker or other any other major player dumps a big quantity of coins that wipes out an important portion of the whole orderbook which causes a margin cascade of longs closing. Considering that BTC-E is illiquid, this is highly profitable if he has shorts opened that he will soon close/already closed or longs/coins orders at around $150. Being a shady as hell exchange I wouldn't be surprised if somebody from BTC-E is somewhat responsible himself, having insider info on where all the stops are placed and margin calls would be triggered. Stop hunts and shenanigans happen in forex everyday, can't see how a shitty anon exchange for magic internet money would be any different. This, or an Agora drug dealer or admin dumping because he wanted to buy a boat or something. Still, the results (margin cascade) are the same.  |
|
|
|
|
|
AtheistAKASaneBrain
|
|
July 18, 2015, 02:11:09 PM |
|
"price crashes!" Who fucking cares. Hold BTC and we'll be rich in 10 years, anything else and you are being delusional. https://www.youtube.com/watch?v=_0mykANOMGQIf you keep looking at a price with a tiny market that's heavily manipulated by whales instead of getting yourself informed and up to date with the technology you'll never make it. You will panic sell before things get mainstream and you'll have a lot of regret. Watch the video and stop caring about the price. Do that and hold or panic sell already, your life your choice. |
|
|
|
|
|
belmonty
|
|
July 18, 2015, 02:17:52 PM |
|
Same thing that happened on August 2014. Market maker or other any other major player dumps a big quantity of coins that wipes out an important portion of the whole orderbook which causes a margin cascade of longs closing. Considering that BTC-E being illiquid, this is highly profitable if he has shorts opened that he will soon close/already closed or longs/coins orders at around $150. Being a shady as hell exchange I wouldn't be surprised if somebody from BTC-E is somewhat responsible himself, having insider info on where all the stops are placed and margin calls would be triggered. Stop hunts and shenanigans happen in forex everyday, can't see how a shitty anon exchange for magic internet money would be any different. This, or an Agora drug dealer or admin dumping because he wanted to buy a boat or something. Still, the results (margin cascade) are the same. The btc-e order book is so thin it wouldn't take that many coins to create a giant crash. On bigger exchanges with more liquidity it would take millions of dollars of coins to dump down to the same price. The only time it recently happened on the big exchanges was in the new year. Btc-e is not big enough to create a significant knock on effect on other exchanges. |
|
|
|
|
White sugar
Legendary
Offline
Activity: 1232
Merit: 1005
|
|
July 18, 2015, 02:22:43 PM |
|
just mr102 back for more fun
nothing to worry about, and it will forgotten before the weekend ends
|
|
|
|
|
cinnamon_carter
Legendary
Offline
Activity: 1148
Merit: 1018
It's about time -- All merrit accepted !!!
|
|
July 18, 2015, 02:28:50 PM |
|
if you are worried about price on a day to day or even monthly basis you probably should not be involved
|
Check out my coin Photon Merge Mine 5 other Blake 256 coins - 6x your hash power https://www.blakecoin.org/The obvious choice is not always the best choice. LOOK DEEPER - Look into the Blake 256 Family -- CC |
|
|
ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
|
|
July 18, 2015, 02:39:57 PM |
|
if you are worried about price on a day to day or even monthly basis you probably should not be involved
Except the price tanked by an amount that only happens at a monthly timescale under normal circumstances |
|
|
|
|
|
Q7
|
|
July 18, 2015, 02:44:02 PM |
|
Well, I don't see the impact or how much damage it could cause with just one exchanger but usually a single crash wouldn't pull the price down for the rest of others. Unless you are talking about a panic sell or some traders taking advantage of the price difference to manipulate the market. Generally I would say it's the sentiment because sometimes people might take that as an indicator.
|
|
|
|
elux
Legendary
Offline
Activity: 1458
Merit: 1006
|
|
July 18, 2015, 03:10:59 PM |
|
Speculations?
BTC-E did this. |
|
|
|
|
Za1n
Legendary
Offline
Activity: 1078
Merit: 1011
|
|
July 18, 2015, 03:22:37 PM |
|
Something else is going on there. I had left LTC long trades go overnight using their MT4 platform and they were all mysteriously closed, and not due to margin call, they were closed at $3.8501, $3.8500 and one 5 minutes later at $3.78. I also had a bunch of buy limit orders closed that were well below those prices, so even if it were a momentary spike down they should have filled. I didn't lose too much except the profit I was carrying on my longs, but it is very curious as the LTC side didn't really show anything abnormal. I had no positions open in BTC at the time to be impacted by the $150 drop.
I have a support ticket in requesting an explanation as I wasn't closed out due to margin or anything else that I can tell. At this point I suspect either someone was able to gain access to their system and execute a lot of sells or someone on the inside is up to something funny. In any event, I will be moving my funds out of there as soon as I hear back from BTC-e support. In the best case scenario they would re-instate my trades, but I am only expecting a boilerplate response so maybe should pull my money out now before anything else mysteriously happens.
|
|
|
|
|
|
newb4now
|
|
July 18, 2015, 03:24:58 PM |
|
can not be a true sell by a rational actor, as they could get a much better price by using multiple exchanges....so basically meaningless.
I agree. Even if someone is broke and needs to raise fiat quickly there would seem to be better ways than to dump at those prices |
|
|
|
|
Paashaas
Legendary
Offline
Activity: 3422
Merit: 4342
|
|
July 18, 2015, 03:26:57 PM |
|
Nothing left to say but "i told you so"...
These short deep crashes will start to occur more and more, first on btc-e, later they will shift to other exchanges.
Just look at the orderbook on btc, even a small dump will hammer the price now.
Sellers will want to move to other exchanges, causing demand there to plummet, the cycle repeats.
Don't say i didn't warn you guys about a huge upcoming crash after the last 'rally'.
 |
|
|
|
|
myself
Legendary
Offline
Activity: 938
Merit: 1000
chaos is fun...…damental :)
|
|
July 18, 2015, 03:30:08 PM |
|
Same thing that happened on August 2014. Market maker or other any other major player dumps a big quantity of coins that wipes out an important portion of the whole orderbook which causes a margin cascade of longs closing. Considering that BTC-E is illiquid, this is highly profitable if he has shorts opened that he will soon close/already closed or longs/coins orders at around $150. Being a shady as hell exchange I wouldn't be surprised if somebody from BTC-E is somewhat responsible himself, having insider info on where all the stops are placed and margin calls would be triggered. Stop hunts and shenanigans happen in forex everyday, can't see how a shitty anon exchange for magic internet money would be any different. This, or an Agora drug dealer or admin dumping because he wanted to buy a boat or something. Still, the results (margin cascade) are the same. imo u are wrong since FXopen only went to 198 |
Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
|
|
|
|
|
|
