zby (OP)
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Activity: 1592
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October 29, 2015, 05:26:21 PM |
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The BTC swaps went from 16k to 21k during that dump. USD swaps seem to be barely affected.
Predictions?
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Morecoin Freeman
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October 29, 2015, 05:27:37 PM |
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Ballsy play. Wasn't me. My prediction: Dump.
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Ask the stranger he knows who you really are.
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relm9
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October 29, 2015, 05:32:09 PM |
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China still looks very bullish - so no not a wise move in my opinion
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dothebeats
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Activity: 3696
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October 29, 2015, 05:36:32 PM |
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Ahh, I don't think it's a smart move. China still is in a full-bullish mode. Also, >3000 coins on finex and we are at $350. Thought that was worth mentioning.
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gentlemand
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Welt Am Draht
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October 29, 2015, 05:51:30 PM |
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Old habits die hard. Perhaps it'll be the move of the century or the end of their dreams. I wouldn't be taking that type of risk right now myself.
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adamstgBit
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Activity: 1904
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Trusted Bitcoiner
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October 29, 2015, 06:15:29 PM |
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not the worst move IMO i think they will see a chance to cover at a profit soon, but if they get greedy and wait for like <270 they could get burnt real hard. next week we may be at a point where we will never see sub 300 ever again
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gotmilk_
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October 29, 2015, 06:21:00 PM |
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If they turn around China, then they made a good move. If not, someone will need some aspirin.
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zimmah
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Activity: 1106
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October 29, 2015, 07:15:23 PM |
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He's about to get zhou thonged.
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peonminer
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October 29, 2015, 07:27:33 PM |
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NOMNOMNOMMM
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spazzdla
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Merit: 1000
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October 29, 2015, 07:49:52 PM |
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Bear will get slaughtered
Eventually this will happen.. when they have to start covering their shorts... you ain't seen nothing yet. IMO this is one final pump and dump before the halving rise, I hope I am wrong.
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Cconvert2G36
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October 29, 2015, 08:41:17 PM |
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Hero or Zero.
I like his style.
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peonminer
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October 29, 2015, 08:44:40 PM |
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Hero or Zero.
I like his style.
minute millionaire
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NorrisK
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October 29, 2015, 09:06:16 PM |
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Very brave move, but it may very well pay off big time. A correction is about to hit the price hard, it is just going to fast at the moment.
And if people start doing these kinds of stuff more, that also means those people are not putting any money on the other side anymore. Maybe they are even partially responsible for the price increase and are now fairly certain it will drop.
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zimmah
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October 29, 2015, 09:15:45 PM |
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Volatility is higher now so it could easily go sub-$300 again.
sooner or later overconfident bears will go bust. The profit has to come from somewhere. A lot of bulls will make money, that money will be partly because of new investors, but a large part will also come from broke bears. Thanks for your donation infidels.
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adamstgBit
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Activity: 1904
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October 29, 2015, 09:21:14 PM |
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eat your bitcoins Chain.
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smoothie
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Activity: 2492
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LEALANA Bitcoin Grim Reaper
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October 29, 2015, 10:15:05 PM |
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He's about to get zhou thonged.
Is this a new meme? Zoo-Thonged? lol
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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zimmah
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October 29, 2015, 10:30:38 PM |
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He's about to get zhou thonged.
Is this a new meme? Zoo-Thonged? lol Zhou-tonged then.
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Raimonn
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October 29, 2015, 10:31:38 PM |
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be short on Btc now has an high risk, the chines market is buying a lot, new users are coming to bitcoin, an old users are seeing this climbing movement as the prelude of the halving with big prices.
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adaseb
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Activity: 3808
Merit: 1723
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October 29, 2015, 10:43:14 PM |
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I am sure he had his reasons for the short. However one thing I don't understand is why do a market sell instead of using a hidden limit order.
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