HairyMaclairy
Legendary
 Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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June 21, 2016, 02:47:35 AM |
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We want blood dammit. All the leveraged longs live by the sword and can die by the sword  |
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RGR991
Member
Offline
Activity: 99
Merit: 10
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June 21, 2016, 02:50:01 AM |
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okcoin down now? This night just gets better and better  edit: nvm back up just slooow |
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Lionidas
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June 21, 2016, 02:56:15 AM |
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Price just puke  |
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andyatcrux
Legendary
Offline
Activity: 938
Merit: 1000
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June 21, 2016, 02:57:53 AM |
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Image of Coinbase transfer from the year 2020 after massive panic caused by market leveraging sends BTC plummeting from 30K to 16K in a week. Oh and Bitcoin declared dead for the 1000th time.  |
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RGR991
Member
Offline
Activity: 99
Merit: 10
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June 21, 2016, 03:05:16 AM |
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Coinbase trades at 666...how nice  Redditors are screaming at the finex rep to play "ref" when they bring it back online so they don't lose in their over leveraged positions  Welcome to free markets... |
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glorywhole
Newbie
Offline
Activity: 42
Merit: 0
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June 21, 2016, 03:09:09 AM |
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Good opportunity to buy some btc (just placed my order in) on a dip.
Nice call... Nice. |
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TeeBone
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June 21, 2016, 03:12:34 AM |
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4 hr RSI dipping below 30, hidden divergence flashing bigtime. Buy up now, this is probably a one-night event.
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Ted E. Bare
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June 21, 2016, 03:12:36 AM |
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I'm not worried at all. I don't trade at Bitfinex and I'm invested in bitcoin since $300. Wish I could buy more actually.
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Stevenirving
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June 21, 2016, 03:15:48 AM |
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Just got off the longest plane ride of my life. Did anything happen specifically which caused the crash or is this just the price correction everyone saw coming?
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glorywhole
Newbie
Offline
Activity: 42
Merit: 0
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June 21, 2016, 03:16:39 AM |
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I'm not worried at all. I don't trade at Bitfinex and I'm invested in bitcoin since $300. Wish I could buy more actually.
You should definitely buy more. Also: convince friends & family to do same  |
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1115
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June 21, 2016, 03:22:44 AM |
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We are starting to get mainstream breakthrough.  But.. |
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RGR991
Member
Offline
Activity: 99
Merit: 10
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June 21, 2016, 03:39:03 AM |
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Finex is such bs, watch their "network outage" suddenly go away if the price was to pump. They are facing the problem with 39M in leveraged longs facing liquidations and the chain reaction that may cause, they have no idea how to deal with it. Finex issues started at 740 now 688 |
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JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4466
You're never too old to think young.
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June 21, 2016, 03:45:26 AM |
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Well, well, well. Just got home to see that Finex imploded. When I went out, Finex had suspended operations and I was already wondering what was up with the sudden leveling of the order book. I was wondering what kind of shit would hit the fan when they came back online.    Seems Finex has problems that spilled over on the entire market, both in the form of arbitrage and general panic. I've been waiting for a buying opportunity for almost a month and a half and now that it comes, it's too late to do anything about it. Hopefully it'll last until morning. Meanwhile, BtcTicker seems to be down (or is it just me?). Maybe it's an attack against the infrastructure, starting with the highest-volume USD exchange, or maybe it's just another Goxing. Thank gawd all my coins are safe offline. Lets see where this is headed, but I'm fairly sure this is just a minor glitch and hopefully a nice buying opportunity. |
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Alley
Legendary
Offline
Activity: 910
Merit: 1000
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June 21, 2016, 03:49:16 AM |
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Finex up in 11 minutes.
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RCan06
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June 21, 2016, 03:50:50 AM |
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Finex is such bs, watch their "network outage" suddenly go away if the price was to pump. They are facing the problem with 39M in leveraged longs facing liquidations and the chain reaction that may cause, they have no idea how to deal with it. Finex issues started at 740 now 688 It's alright, they're pumping the price back up before they go back online |
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BitcoinNewsMagazine
Legendary
Offline
Activity: 1806
Merit: 1164
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June 21, 2016, 03:51:08 AM |
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From the August 2015 low to the June 2016 high we have been in a bitcoin bull market. A 23.8% Fibonacci correction to $640 would be healthy and not anything to get your panties in a wad about.  |
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DaRude
Legendary
Offline
Activity: 2778
Merit: 1791
In order to dump coins one must have coins
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June 21, 2016, 03:56:28 AM |
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Monitoring - Trading will resume at 4:00 UTC. Order cancels can be submitted now, but they will not process until 4:00 UTC. Please note: When trading resumes there will likely be wide spreads. We caution users to be cognizant of this fact and warn against using market orders. As trading goes on, the order book will fill in and this will become less of an issue. Please be aware of market conditions when placing your orders.
Jun 21, 03:49 UTC https://bitfinex.statuspage.io/ |
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PoolMinor
Legendary
Offline
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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June 21, 2016, 04:00:21 AM |
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I've been waiting for a buying opportunity for almost a month and a half and now that it comes, it's too late to do anything about it. Hopefully it'll last until morning.
You've had 18 months worth of buying opportunity, why wait until now? Hopefully it won't last until morning. |
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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June 21, 2016, 04:02:05 AM |
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BFX overshoot in 10....
Edit: I love a 1 minute candle that stretches from 675 to 710
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GreekGeek
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June 21, 2016, 04:15:52 AM |
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so should I buy or should I sell ?
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Poll
