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hyphymikey
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November 12, 2014, 02:42:01 AM |
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Also anyone else listen to the okcoin dude on some internet radio/podcast posted on /r/bitcoin.
3 billion euro hedge fund trading on their exchange he claims.
Yeah they picked that exchange so they can short LOL. With 3:1 margin they can extract 9 Billion ... out of a virtually 8 Billion market (which is far smaller in reality...). Now, that would be something!  -> You can't possibly need that much money for shorting Bitcoin. Unless you fear somebody has even more for pumping. What hedge fund uses their entire 3 billion on bitcoin? They are probably only putting 1% of their 3 billion euro into bitcoin. Nobody said they came to the exchange with 3 billion euro. LMAO! |
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WeltMaster
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November 12, 2014, 02:44:26 AM |
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Countdown to 2500/420? |
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1115
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November 12, 2014, 02:45:28 AM |
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Also anyone else listen to the okcoin dude on some internet radio/podcast posted on /r/bitcoin.
3 billion euro hedge fund trading on their exchange he claims.
Yeah they picked that exchange so they can short LOL. With 3:1 margin they can extract 9 Billion ... out of a virtually 8 Billion market (which is far smaller in reality...). Now, that would be something! -> You can't possibly need that much money for shorting Bitcoin. Unless you fear somebody has even more for pumping. What hedge fund uses their entire 3 billion on bitcoin? They are probably only putting 1% of their 3 billion euro into bitcoin. Nobody said they came to the exchange with 3 billion euro. LMAO! Like a game of broken telephone hah |
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Dotto
Legendary
Offline
Activity: 981
Merit: 1005
No maps for these territories
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November 12, 2014, 02:47:02 AM |
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This guy is a brainwashed MK Ultra. Obvious. |
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hyphymikey
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November 12, 2014, 02:47:12 AM |
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Everyone seems more excited now than the last time we made a run at 420. Since then we dropped about 100.
What makes this time any different?
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shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
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November 12, 2014, 02:50:13 AM |
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I don't know how it works on your exchange, but in my experience, every day you spend in the red you are bleeding out interest. Also, because of the spread, your position is in the red the second you make your bet.
Definitely a good idea to start with some small bets to get used to the system before swinging for the fences.
Well, how big are the interests? They aren't that big right BTW, I know I look like a fool and I normally wouldn't do this but my gut, heart and brain is telling me to do this, like what am I supposed to do Follow your gut, your heart, your feelings. Pay no attention to the heartless psychopaths that try to second guess your inner instincts. I'm just saying to start slow, "how big are the interests?" is something I don't know because I've never traded on your exchange. I'm just trying to say that I wouldn't feel comfortable entering a significant position without knowing exactly how big are the interests  |
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JorgeStolfi
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November 12, 2014, 02:53:54 AM |
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What hedge fund uses their entire 3 billion on bitcoin? They are probably only putting 1% of their 3 billion euro into bitcoin. Nobody said they came to the exchange with 3 billion euro. LMAO!
Is that fund trading bitcoin, or is it just using their trading platform to trade something else? |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 12, 2014, 03:00:15 AM |
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Dotto
Legendary
Offline
Activity: 981
Merit: 1005
No maps for these territories
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November 12, 2014, 03:07:51 AM |
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I don't know how it works on your exchange, but in my experience, every day you spend in the red you are bleeding out interest. Also, because of the spread, your position is in the red the second you make your bet.
Definitely a good idea to start with some small bets to get used to the system before swinging for the fences.
Well, how big are the interests? They aren't that big right BTW, I know I look like a fool and I normally wouldn't do this but my gut, heart and brain is telling me to do this, like what am I supposed to do If you win you win x20. If you lose, you lose 1x collateral. Don´t listen people, go for it. |
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FNG
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November 12, 2014, 03:13:19 AM |
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Down trend definitely finished. $500 within 10 days
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abercrombie
Legendary
Offline
Activity: 1159
Merit: 1001
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November 12, 2014, 03:14:48 AM |
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Everyone seems more excited now than the last time we made a run at 420. Since then we dropped about 100.
What makes this time any different?
Santa Claus Rally?  |
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Patel
Legendary
Offline
Activity: 1321
Merit: 1007
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November 12, 2014, 03:15:13 AM |
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We're not in the clear until we break $420
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noobtrader
Legendary
Offline
Activity: 1456
Merit: 1000
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November 12, 2014, 03:16:56 AM |
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380 breakout... YAYYY  1K here we go edit : ok maybe 450 at least |
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hyphymikey
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November 12, 2014, 03:17:01 AM |
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Just went long with 2000x leverage. Hopefully it doesn't drop 19 cents.
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janos666
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November 12, 2014, 03:22:20 AM |
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Just went long with 2000x leverage. Hopefully it doesn't drop 19 cents.
How will you sleep at night, thinking about all that profit you make in every seconds?  I have a feeling it will start falling tomorrow. |
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JimboToronto
Legendary
Offline
Activity: 3990
Merit: 4458
You're never too old to think young.
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November 12, 2014, 03:40:49 AM |
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"Massive" dump to below $380. Cue Shroomskit. |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 12, 2014, 04:00:18 AM |
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lyth0s
Legendary
Offline
Activity: 1260
Merit: 1000
World Class Cryptonaire
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November 12, 2014, 04:01:33 AM |
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How does one create a leveraged long/short on Bitfinex?
--Completely new to this.
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Newbie1022
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November 12, 2014, 04:02:13 AM |
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And shorted at 381!!!
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Poll
