zimmah
Legendary
 Offline
Activity: 1106
Merit: 1005
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June 01, 2014, 06:52:10 PM |
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Looks like a Bitfinex sell - 4k volume vs 2k on Bitstamp.
SOme crazy manipulation going on at bitfinex. Looks at the swap offers... Someone bough all the swap, sold coin, now offering swap at 1% a day?? you mad?  what is swap? What does that move do? Is that guy a genius or just a rich troll? |
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magicmexican
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June 01, 2014, 06:52:19 PM |
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standard 61.8% fibo dump
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TheJuice
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June 01, 2014, 06:52:54 PM |
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Looks like a Bitfinex sell - 4k volume vs 2k on Bitstamp.
SOme crazy manipulation going on at bitfinex. Looks at the swap offers... Someone bough all the swap, sold coin, now offering swap at 1% a day?? huh?  looks pretty much the same as it looked like 20 minutes ago (before the correction) You missed it. He bought it all up there was a huge buy to .9%. then he switched it over to the selling side - probably hoping people would buy on margin on the dip. it lasted about ~5 mins before everything filled up again (aka he cancelled all the swap and it auto-renewed). |
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jobufoo
Newbie
Offline
Activity: 4
Merit: 0
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June 01, 2014, 06:52:58 PM |
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been lurking since January, nice to see mood in here changing over past few weeks. Bought back in at 460 but just got more fiat, any opinions on where to target buying again?
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TheJuice
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June 01, 2014, 06:53:40 PM |
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lol this isnt a bubble. At 2k usd lets chat. I don't care, she's nice to look at either way you win. |
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soullyG
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June 01, 2014, 06:54:21 PM |
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Damn, that's a big red candle..
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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June 01, 2014, 06:54:30 PM |
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Looks like a Bitfinex sell - 4k volume vs 2k on Bitstamp.
SOme crazy manipulation going on at bitfinex. Looks at the swap offers... Someone bough all the swap, sold coin, now offering swap at 1% a day?? you mad? what is swap? What does that move do? Is that guy a genius or just a rich troll? swap contracts is lending and borrowing of USD and BTC. On bitfinex, when you open a leveraged position, you have to borrow the coins/fiat. There's a market for the money. EDIT: see my screenshot above to see the asks/bids in that market. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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June 01, 2014, 06:54:36 PM |
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well, that's all my gain from today gone  |
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chromosoma
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June 01, 2014, 06:54:44 PM |
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sry guys, i just talked to Obama, we decided to close bitcoins
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bitcoinsrus
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June 01, 2014, 06:54:51 PM |
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these sell orders mang
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TheJuice
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June 01, 2014, 06:54:54 PM |
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been lurking since January, nice to see mood in here changing over past few weeks. Bought back in at 460 but just got more fiat, any opinions on where to target buying again?
welcome. Honestly, I think now is a good time to buy; down 10%. |
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akujin
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June 01, 2014, 06:55:35 PM |
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uhoh
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June 01, 2014, 06:55:40 PM |
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Krabby
Sr. Member
Offline
Activity: 644
Merit: 250
https://primedao.eth.link/#/
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June 01, 2014, 06:55:49 PM |
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Seriously, has something happened?
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keithers
Legendary
Offline
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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June 01, 2014, 06:56:31 PM |
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Wow that was a pretty big price swing. We were at $680 or so, I went to eat breakfast, came back to sharp correction..
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bitcoinsrus
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June 01, 2014, 06:56:35 PM |
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Would of increased my position by about 10% if I woulda shorted, fuck ME!!
Dont blame yourself, no one predicted that |
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Gingermod
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June 01, 2014, 06:56:42 PM |
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Seriously, has something happened?
Correction |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 01, 2014, 06:57:10 PM |
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PANIC SELL EVERYTHINGF NOW!~!!
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ShopemNL
Legendary
Offline
Activity: 1025
Merit: 1001
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June 01, 2014, 06:57:16 PM |
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What ia going on
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magicmexican
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June 01, 2014, 06:57:19 PM |
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BitDump on the move, way different from Huobi atm
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