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Author Topic: $162 Bitfinex [2015-AUG-18]  (Read 3973 times)
goxed (OP)
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August 18, 2015, 11:56:57 PM
 #1

Rocket's changed its course.


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August 18, 2015, 11:57:51 PM
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What's the reason? Can anyone explain?
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August 18, 2015, 11:58:27 PM
 #3

What's the reason? Can anyone explain?

Bitcoinxt FUD

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August 18, 2015, 11:59:04 PM
 #4

162 methinks..
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August 18, 2015, 11:59:24 PM
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Who could've thunk about this timing. My fishing hooks are not ready  Angry

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August 19, 2015, 12:00:15 AM
 #6

all slipped into the abyss Sad
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August 19, 2015, 12:01:40 AM
 #7

damn! i expected the price to go down, but definitely not this much. glad bitstamp and btc-e didn't follow bitfinex downwards.
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August 19, 2015, 12:01:58 AM
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What's the reason? Can anyone explain?

people selling their coins.
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August 19, 2015, 12:02:52 AM
 #9

damn! i expected the price to go down, but definitely not this much. glad bitstamp and btc-e didn't follow bitfinex downwards.
The gap is so huge.. I'm jealous at those bitfinex users that were quick enough to purchase the bitcoins at $170, its $194 now, bitstamp seems to be sadly following :-/
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August 19, 2015, 12:12:17 AM
 #10

What's the reason? Can anyone explain?

Leveraged traders got busted on finex

Just got cheap coinz Wink
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August 19, 2015, 12:26:06 AM
 #11

Don't to worry bro, take this situation to get profit. I just get profit and now price up again. Dont sell your coins but buy more coins and you will get profit Wink
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August 19, 2015, 12:27:59 AM
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I almost cried when I first seen it, anyways it's gone back up now.
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August 19, 2015, 12:37:15 AM
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Margin call cascade, whales picked up shitloads of coins from margin long positions down there.
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August 19, 2015, 12:45:25 AM
 #14

lots of people called this the last few days.

dont listen to the perma bulls, they havent been right in the last 1.5 years...
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August 19, 2015, 12:45:59 AM
 #15

Btw i m holding like a boss

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August 19, 2015, 12:53:15 AM
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lots of people called this the last few days.

dont listen to the perma bulls, they havent been right in the last 1.5 years...
This...
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August 19, 2015, 12:54:39 AM
 #17

Btw i m holding like a boss

or to some, people think youre a mad man for holding it lol.

Me I think youre doing the right thing by supporting our network despite on these price volatile state its in.

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August 19, 2015, 12:55:11 AM
 #18

tomorrow you could buy for 120 $
they will be crying who buy on bitfinnex for 162.
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August 19, 2015, 01:02:07 AM
 #19

Bitfinex crash in 1 minute candles:



Price went from 164 to 216 in the same minute.

52 dollar high-low spread on a single one minute candle.

Haven't seen action like this since April 10. 2013.
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August 19, 2015, 01:14:42 AM
 #20

A move like this is most likely due to insider trading.  I'm assuming someone inside bitfinex saw an opportunity to crash the market and trigger a majority of margin calls.  A lot of little guys just lost everything so a whale could have a snack.  I hope some lessons in margin trading were learned.

..Stake.com..   ▄████████████████████████████████████▄
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