tarmi
Legendary
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Activity: 1218
Merit: 1010
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January 06, 2015, 11:37:27 AM |
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So is there a rational explanation for what's happened here?
1. 19k coins have been stolen from stamp (how?) and were sold forcing the market to unprecedented lows.
2. Stamp has to buy these coins back.
3. Stamp is pulling a potential gox and is insolvent?
What's going on?
 what is this bullshit? nothing is going on. you bulltards had an opportunity to consolidate your lines, transfer cash to buy super cheap coins while stamp is down and all I am seeing are some 4 k coins to 250 $ on bitfinex and a bot that is dumping in 0.8 chunks. |
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Phillis
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January 06, 2015, 11:46:32 AM |
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if bitstamp has to buy 18k coins to cover the hack, that would be quite bullish  |
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tarmi
Legendary
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Activity: 1218
Merit: 1010
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January 06, 2015, 11:48:52 AM |
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they have like 200 k coins in cold wallet, but I am guessing that bulls are gonna go and try a btc run once bitstamp opens its doors.
I hope that is their plan, cause we all love to short those pumps.
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inca
Legendary
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Activity: 1176
Merit: 1000
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January 06, 2015, 11:50:19 AM |
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they have like 200 k coins in cold wallet, but I am guessing that bulls are gonna go and try a btc run once bitstamp opens its doors.
I hope that is their plan, cause we all love those pumps.
Well with shorts at ATH on finex we could bounce up a fair distance, no? |
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tarmi
Legendary
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Activity: 1218
Merit: 1010
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January 06, 2015, 11:52:12 AM |
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with 19 millions of longs and btc price @ 270 I have my doubts about getting far.
310~320 $ is my guess.
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inca
Legendary
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Activity: 1176
Merit: 1000
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January 06, 2015, 11:54:53 AM |
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with 19 millions of longs and btc price @ 270 I have my doubts about getting far.
310~320 $ is my guess.
Who knows, let's roll the dice  |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 06, 2015, 11:59:56 AM |
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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January 06, 2015, 12:03:44 PM |
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I fear that the only thing they worry about is that they can only drag this mofo $276 more down. They will never have another 2014. |
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grappa_barricata
Full Member
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Activity: 154
Merit: 100
playing pasta and eating mandolinos
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January 06, 2015, 12:09:15 PM |
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I fear that the only thing they worry about is that they can only drag this mofo $276 more down. They will never have another 2014. You still short fatman? That is so 5 January |
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phoenix1
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January 06, 2015, 12:16:53 PM |
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with 19 millions of longs and btc price @ 270 I have my doubts about getting far.
310~320 $ is my guess.
Who knows, let's roll the dice Looks like a coin toss to me ... $20m longs, $5m shorts and a very thin order book on both sides at BFX Add in an ascending triangle from the low that is rapidly running out of space and we are heading for a breakout very soon IMO If you like your risk in extreme doses, now's the time to place a bet Oh yes, lets add in another variable for fun - Stamp could reopen or make an unexpected announcement at any time lol |
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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January 06, 2015, 12:28:32 PM |
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I fear that the only thing they worry about is that they can only drag this mofo $276 more down. They will never have another 2014. You still short fatman? That is so 5 January I don't short and I don't trade. |
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Eddie Brock
Newbie
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Activity: 53
Merit: 0
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January 06, 2015, 12:30:34 PM |
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(...)
all your short profits locked up in fake fiat in an insolvent fake exchange? boo-hoo ... naked shorted and crashed the asset underwriting the exchange holding your fake profits ... what idiots, you are better off at vegas.
(...)
This is rich. A bitcoin bulltard saying that shorting profits are "fake", and that shorters are gambling, but bulltards are not. If anything, bulls are the ones gambling, even more than the shorters if that's possible. From a value-oriented investing perspective (best represented by Warren Buffett), the value of one bitcoin is zero. Who is being more rational here, the bull or the bear? |
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phoenix1
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January 06, 2015, 12:30:55 PM |
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There could be little run out from stamp when they come back online... fastes way is btc or ripple (not sure how many are using ripple) They could reopen with certain short term limitations, which could be interpreted positively or negatively by the market - who knows? Very tough position they've got themselves into. TBH I have my doubts that we will see them online today, but as I am no expert I have no idea how long all the checks and changes would take, so take that as pure speculation, not an attempt at FUD. But I sense fireworks are on their way. Best plan might be to sit back and watch the show  Popcorn time coming !! Til then ...  |
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Malin Keshar
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January 06, 2015, 12:39:35 PM |
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Anyone was/is able to withdraw fiat after the security breach?
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podyx
Legendary
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Activity: 2338
Merit: 1035
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January 06, 2015, 12:40:50 PM |
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Malin Keshar
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January 06, 2015, 12:45:44 PM |
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with 19 millions of longs and btc price @ 270 I have my doubts about getting far.
310~320 $ is my guess.
There are 5 million of Bitcoin in some unknown place that can be dumped at any moment. I think it will worry the shorters for some time and stop the price from growing for some time |
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Feri22
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January 06, 2015, 12:45:58 PM |
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all those mega bears gone real quiet?
all your short profits locked up in fake fiat in an insolvent fake exchange? boo-hoo ... naked shorted and crashed the asset underwriting the exchange holding your fake profits ... what idiots, you are better off at vegas.
hacker who has the coinz makes the rules.
Bitstamp didn't have margin trading. now they have NO trading whatsoever! hahahaha + 1 ShroomsKit must be feeling so good now  |
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Jammalan the Prophet
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January 06, 2015, 12:54:23 PM |
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271 100.23616236 27163.9999995
100 btc buy wall.....
to the mooonnnnnnn
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medialab101
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January 06, 2015, 12:55:34 PM |
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with 19 millions of longs and btc price @ 270 I have my doubts about getting far.
310~320 $ is my guess.
There are 5 million of Bitcoin in some unknown place that can be dumped at any moment. I think it will worry the shorters for some time and stop the price from growing for some time How exactly are they going to dump them? The address is marked as hacked Bitstamp coins. The second someone tries to move them into fiat they are going to get nailed. |
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