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kenji
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January 04, 2015, 04:19:48 AM |
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sold all my 180 btc at 278 hope i am not regret it  |
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shmadz
Legendary
 Offline
Activity: 1512
Merit: 1000
@theshmadz
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January 04, 2015, 04:22:37 AM |
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the bottom is in  I think you meant to say: the bottom is clenched Virtex has 20 coins available at the equivalent of less that 260 USD each right now. There is some serious selling pressure going on and it smells awfully fishy to me. I wasn't gonna say anything...but is it possible that's where the dump started? You know, before today I would have said that's impossible, but now that you mention it.. Nah, still just peanuts for volume on this tiny exchange, not enough to move anything... Unless they're insolvent? It's the new Canadian GOX? Dammit! Where'd I put my tinfoil hat? |
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relm9
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January 04, 2015, 04:25:49 AM |
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sold all my 180 btc at 278 hope i am not regret it So you're 100% fiat now? You're going to regret it imo. |
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keewee
Legendary
Offline
Activity: 1025
Merit: 1000
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January 04, 2015, 04:27:47 AM |
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sold all my 180 btc at 278 hope i am not regret it Holy shit! You're brave  I only ever trade with a fraction of my coins... |
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cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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January 04, 2015, 04:28:14 AM |
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The timing of this dump is too good. It's the end of the holiday break when families are traveling. CES is this week featuring IBM's Internet of Things and World of Bitcoin.
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
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January 04, 2015, 04:28:56 AM |
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the bottom is in I think you meant to say: the bottom is clenched Virtex has 20 coins available at the equivalent of less that 260 USD each right now. There is some serious selling pressure going on and it smells awfully fishy to me. I wasn't gonna say anything...but is it possible that's where the dump started? You know, before today I would have said that's impossible, but now that you mention it.. Nah, still just peanuts for volume on this tiny exchange, not enough to move anything... Unless they're insolvent? It's the new Canadian GOX? Dammit! Where'd I put my tinfoil hat? I can't figure out how the VoS price stays consistantly 30 bucks above Virtex. Any ideas? |
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YourMother
Legendary
Offline
Activity: 1281
Merit: 1046
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January 04, 2015, 04:30:49 AM |
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You know that something is fucked up when you see orders like these going on and on forever. It's that gut feeling. The natural calamity is ready to put grandpa Bitcoin next to Tittiecoin, Shibecoin and the rest of the shitcoins that are laying in the crypto graveyard.  HODL and die with dignity |
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twiifm
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January 04, 2015, 04:31:11 AM |
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How can there be so many people be shorting at this price?  Because new lows |
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pjviitas
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January 04, 2015, 04:31:21 AM |
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sold all my 180 btc at 278 hope i am not regret it So you're 100% fiat now? You're going to regret it imo. Smart |
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janos666
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January 04, 2015, 04:31:27 AM |
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How can there be so many people be shorting at this price? How does this chart calculates the USD equivalent of the BTC swaps: sum(BTC*price) or sum(BTC)*price? (Not every borrowed BTC was sold at the same price.) |
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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January 04, 2015, 04:32:12 AM |
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sold all my 180 btc at 278 hope i am not regret it It's ... gutsy? If it stays above 275 it might bounce back. If it goes below 275 chances are that it will keep dropping. I might be way off, but right now I believe we are waiting to see if we can confirm a bottom at 275-280. A strange time to make such a decision. Best of luck to you! |
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explorer
Legendary
Offline
Activity: 2016
Merit: 1259
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January 04, 2015, 04:33:47 AM |
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the bottom is in I think you meant to say: the bottom is clenched Virtex has 20 coins available at the equivalent of less that 260 USD each right now. There is some serious selling pressure going on and it smells awfully fishy to me. Virtex: Put up a sell, wait 5 days for the buyer to deposit fiat, complete transaction  I think the party will be over before last week's deposits show up. Last one was 9 days (through holidays) |
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illyiller
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January 04, 2015, 04:36:01 AM |
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Sitting at $275...... and looking like it's pretty ready to fall.......  |
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trashman43
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January 04, 2015, 04:38:41 AM |
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Sitting at $275...... and looking like it's pretty ready to fall....... "cheap coins" they called them! |
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maranello1561
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January 04, 2015, 04:39:43 AM |
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Sitting at $275...... and looking like it's pretty ready to fall....... I've put in limit orders to buy some around $250. Hoping to get some fills. If 250 breaks, also have limit orders down to $200. |
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
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January 04, 2015, 04:41:47 AM |
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the bottom is in I think you meant to say: the bottom is clenched Virtex has 20 coins available at the equivalent of less that 260 USD each right now. There is some serious selling pressure going on and it smells awfully fishy to me. Virtex: Put up a sell, wait 5 days for the buyer to deposit fiat, complete transaction I think the party will be over before last week's deposits show up. Last one was 9 days (through holidays) Where is the arbitrage between there and VoS? What am I missing? (Not a trader) |
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YourMother
Legendary
Offline
Activity: 1281
Merit: 1046
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January 04, 2015, 04:42:13 AM |
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uoᴉʇɔǝɹᴉp ƃuᴉʞɔnɟ ƃuoɹʍ ǝɥʇ 'sdooO ˙ǝɯᴉʇ ƃᴉq pǝdɯnd ƃuᴉʇʇǝƃ sᴉ uᴉoɔʇᴉq ¡ɐɯ 'ʞoo˥  |
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AceWallen
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January 04, 2015, 04:43:00 AM |
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Sitting at $275...... and looking like it's pretty ready to fall....... I've put in limit orders to buy some around $250. Hoping to get some fills. If 250 breaks, also have limit orders down to $200. that's reasonable. however, personally, i think if this level breaks, we will go on to test the $200ish level. looking to buy back in that area. maybe flash crash to $120-150 or something, but anything below $210 is great long term IMO. |
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abercrombie
Legendary
Offline
Activity: 1159
Merit: 1001
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January 04, 2015, 04:46:01 AM |
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shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
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January 04, 2015, 04:46:12 AM |
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the bottom is in I think you meant to say: the bottom is clenched Virtex has 20 coins available at the equivalent of less that 260 USD each right now. There is some serious selling pressure going on and it smells awfully fishy to me. I wasn't gonna say anything...but is it possible that's where the dump started? You know, before today I would have said that's impossible, but now that you mention it.. Nah, still just peanuts for volume on this tiny exchange, not enough to move anything... Unless they're insolvent? It's the new Canadian GOX? Dammit! Where'd I put my tinfoil hat? I can't figure out how the VoS price stays consistantly 30 bucks above Virtex. Any ideas? I can't know for sure, but I'd guess that virtex has deals with miners? Or maybe just old school peeps with heavy bags? I do know that they cater to a higher net worth crowd and they have said that they can offer liquidity for large deals for large customers... but I figured that was mostly just posturing and PR.. But now you got me thinking. |
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