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12345mm
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March 26, 2015, 04:05:21 PM |
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it's super easy to trade / use bitcoin for the average joe ... you just have to spend 20 hours a day on your dedicated trading platform with a half dozen screens you leave on 24/7 , reading charts and staying up on minute to minute news until your eyes bleed and pray you don't sleep through your price alarms (or be away from your computer for any length of time whatsoever) ... it also helps if you have a formal education / work experience in finance and economics and computer science and have a trade fund of 6 or 7 figures , yknow like most people do ... also the extreme volatility makes it a perfect currency for everyday use ... but if we want mainstream adoption , it should fluctuate more than 10% up or down daily ... 20 or 30 % would be ideal ... plus the more thefts the better ... most people want to have no clue what their $ will be worth tomorrow ... as for wall street trading funds having the ability to violently manipulate prices alongside the 1000 people who hold 90something% of all bitcoins , yes , that's perfectly legal and to be expected from them , with the obvious exception that regulated exchanges will be legally required to use money that actually exists ... of course they could always yknow ... lie / cook their books so ... yeah ...  |
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chriswen
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March 26, 2015, 04:11:09 PM |
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What are current amounts of borrowed money for longs/shorts? Is there a good place to find this for the whole market?
Weekly report time...
BFXData. Currently 22k in BTC shorts and 24 million in longs. |
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Cassius
Legendary
 Offline
Activity: 1764
Merit: 1031
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March 26, 2015, 04:13:33 PM |
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What are current amounts of borrowed money for longs/shorts? Is there a good place to find this for the whole market?
Weekly report time...
BFXData. Currently 22k in BTC shorts and 24 million in longs. Thanks. Interpretation? That's a lot more in longs unless I've misunderstood it. |
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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March 26, 2015, 04:18:19 PM |
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What are current amounts of borrowed money for longs/shorts? Is there a good place to find this for the whole market?
Weekly report time...
BFXData. Currently 22k in BTC shorts and 24 million in longs. Thanks. Interpretation? That's a lot more in longs unless I've misunderstood it. yeah about 4-5x in USD.. at least there isn't to much swaps available, but that doesn't mean to much really...plenty of usd to go around =) |
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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March 26, 2015, 04:23:01 PM |
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Why did you change your post? Are you not sure or don't you want to freak us out? |
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tarmi
Legendary
Offline
Activity: 1218
Merit: 1010
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March 26, 2015, 04:31:39 PM |
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crasssshhh
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Bitcoiner_cph
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March 26, 2015, 04:34:04 PM |
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quite before the crazy??? the market stand still... but an very thin orderbook on the way down...
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JimboToronto
Legendary
Offline
Activity: 4060
Merit: 4608
You're never too old to think young.
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March 26, 2015, 04:36:54 PM |
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Good morning Bitcoinland. Still over $250 for now I see.
I also see I was right last night when I predicted that a $2 dip would get the trolls back out.
Price rises $20 in about 30 hours and not a peep except for the occasional grumbling about "Chinese wash volume" (or more colorful xenophobic rhetoric). It dips by $2 and they're braying like jackasses about going below $200, presumably on its way to double digits..
LOL Bears. So childish. Keep dreaming your deluded little fantasy.
Let's see if $250 holds for today.
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tarmi
Legendary
Offline
Activity: 1218
Merit: 1010
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March 26, 2015, 04:37:58 PM |
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Let's see if $250 holds for today.
today? more like in 15 minutes, lel. |
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Bitcoiner_cph
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March 26, 2015, 04:44:42 PM |
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amd 50 BTC selling wall at 248,5
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 26, 2015, 04:46:17 PM |
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amd 50 BTC selling wall at 248,5
are you looking at btc-e? |
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JimboToronto
Legendary
Offline
Activity: 4060
Merit: 4608
You're never too old to think young.
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March 26, 2015, 04:48:11 PM |
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248,5 now
Oops. I was just looking at the higher volume exchange (Bitfinex) where it's still over $251. Silly me.  |
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BlackSpidy
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March 26, 2015, 04:50:48 PM |
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So if I understand the four punch raiders thing... this should be the short squeeze, right?
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tarmi
Legendary
Offline
Activity: 1218
Merit: 1010
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March 26, 2015, 04:51:08 PM |
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"high volume" seems to be the word of the day.
china bought tens of thousands and we moved like +10 Chia money.
that buying support at bitfinex is laughable.
and yes this was the short squeeze. I feel sorry for that guy who closed it all the way to 255.
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 26, 2015, 04:53:22 PM |
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"high volume" seems to be the word of the day.
china bought tens of thousands and we moved like +10 Chia money.
that buying support at bitfinex is laughable.
and yes this was the short squeeze. I feel sorry for that guy who closed it all the way to 255.
a few hundred shorts closing a squeeze |
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tarmi
Legendary
Offline
Activity: 1218
Merit: 1010
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March 26, 2015, 04:54:12 PM |
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"high volume" seems to be the word of the day.
china bought tens of thousands and we moved like +10 Chia money.
that buying support at bitfinex is laughable.
and yes this was the short squeeze. I feel sorry for that guy who closed it all the way to 255.
a few hundred shorts closing a squeeze stronger hands took over those shorts like instantly.  |
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Bitcoiner_cph
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March 26, 2015, 04:54:39 PM |
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Yes, it was my mistake!! Anyway we still are heading down.... to like 10$ pr coin in -.... lets say 20 min??? hehehehhe just kidding.... I cannot predict the future.... I don't even understand how the leverage rates that you guys post affect the market?  I just have a got feeling that we are continuing in an down trend... and if not, I will loose my bet.. that's the truth. |
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