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Author Topic: One single guy shorting with $5 million on Bitfinex going to get squeezed  (Read 2987 times)
tokeweed
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January 02, 2016, 12:44:46 AM
 #41

Not really clear what your talking about.  $5 million usd would be 12,000 bitcoins.  We havent seen that volume today on bitfinex.

You do realize bitfinex is basically a bucketshop right? I wouldnt be surprised if most of the trading there was just the actual owners of bitfinex. Also i dont think any hedge funds are interested in bitcoin.

(edit: there's a reason why they decided to operate in hong kong - outside of usa and eu - because they have no regulations about that kind of thing. if they were in usa for example they would be closed immediately by the feds. caveat emptor).

Yes, they actually are interested in Bitcoin.  There's freaking hedge fund guys that go on the tiny altcoin exchange Poloniex and short with $100,000-$200,000 just to fuck with people in illiquid markets for free money as they cause terror.

wow really ¿ thats very interesting?

Don't worry about it.  That roach guy loves making shit up ever since their beloved BTS 2.0 was dumped big time by none other than the Larimer bro.s themselves...  Those were the gods in their realm (bitsharestalk.org).

I guess he had a trauma and never recovered psychologically.  Now he lost faith and thinks everyone is out there to scam everyone else.  Which is true more or less.

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