tarmi
Legendary
 Offline
Activity: 1232
Merit: 1011
|
 |
April 22, 2015, 02:16:19 AM |
|
Enjoy it while it lasts bulls.
Cause this bear market is far from over. I kinda agree with masterluc prediction of one more year of slow and painful descend.
Do you say that just because it happened the last year? No, I am saying that because this is very inefficient market and the bubble didn't deflate yet. |
|
|
|
|
|
Norway
|
|
April 22, 2015, 02:19:45 AM
Last edit: April 22, 2015, 02:36:20 AM by Norway |
|
Enjoy it while it lasts bulls.
Cause this bear market is far from over. I kinda agree with masterluc prediction of one more year of slow and painful descend.
Do you say that just because it happened the last year? No, I am saying that because this is very inefficient market and the bubble didn't deflate yet. How is it inefficient? And how does that push the price down? EDIT: Hard to trust Tarmi as a clever bear trader when he rents out his signatur to a casino company. Maybe that is his business model? Lol  |
|
|
|
|
|
Cconvert2G36
|
|
April 22, 2015, 02:34:48 AM |
|
With other commodities and stocks, often everything happens from the same accounts. Bitcoins are often tied up offline, some are buried in mining activity. There are barriers and non-trivial risks to having everything up for sale at a certain price. This makes the spot price somewhat inefficient in reacting to market changes.
This in itself won't push the price down, it's more of a tailwind. The headwind is the unwinding of a bubble that started in the mid $1xx, and 3600 coins a day being minted. Increasingly, minted by big industrial farms with industrial size costs.
|
|
|
|
|
|
Norway
|
|
April 22, 2015, 02:42:49 AM |
|
With other commodities and stocks, often everything happens from the same accounts. Bitcoins are often tied up offline, some are buried in mining activity. There are barriers and non-trivial risks to having everything up for sale at a certain price. This makes the spot price somewhat inefficient in reacting to market changes.
This in itself won't push the price down, it's more of a tailwind. The headwind is the unwinding of a bubble that started in the mid $1xx, and 3600 coins a day being minted. Increasingly, minted by big industrial farms with industrial size costs.
This doesn't make any sense to me. Sorry  |
|
|
|
|
ChartBuddy
Legendary
 Online
Activity: 2898
Merit: 2483
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
 |
April 22, 2015, 02:58:22 AM |
|
|
|
|
|
|
ChartBuddy
Legendary
Online
Activity: 2898
Merit: 2483
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
April 22, 2015, 03:58:17 AM |
|
|
|
|
|
|
billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
|
|
April 22, 2015, 04:11:12 AM |
|
>29K shorts on BFX! that's gonna be a heluva squeeze if the margin calls cascade.
|
|
|
|
|
BayAreaCoins
Legendary
Offline
Activity: 4508
Merit: 1393
AltQuick.com Owner
|
|
April 22, 2015, 04:41:22 AM |
|
>29K shorts on BFX! that's gonna be a heluva squeeze if the margin calls cascade.
The silence before the squeeze... |
|
|
|
|
damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
|
|
April 22, 2015, 04:49:53 AM
Last edit: April 22, 2015, 05:02:39 AM by damiano |
|
You guys are funny
5k of those shorts were just barely opened within $10 and rest probably opened around 280+ and your already talking about squeeze
|
|
|
|
|
ChartBuddy
Legendary
Online
Activity: 2898
Merit: 2483
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
April 22, 2015, 04:58:21 AM |
|
|
|
|
|
|
molecular
Donator
Legendary
Offline
Activity: 2800
Merit: 1023
|
|
April 22, 2015, 05:46:28 AM |
|
Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him. No kidding, this guy was slaughtered on the alter of doom and it was a major shot across the bow of the bearmobile. If it can happen to this guy, it could happen to anyone. His mistake was not the shorting, it was the insane leverage he used. Also you don't know how often it worked for him... he might be well in the green in aggregate. This can happen to anyone with highly leveraged positions, yes. Not just bears. |
|
|
|
|
ChartBuddy
Legendary
Online
Activity: 2898
Merit: 2483
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
April 22, 2015, 05:58:23 AM |
|
|
|
|
|
|
BayAreaCoins
Legendary
Offline
Activity: 4508
Merit: 1393
AltQuick.com Owner
|
|
April 22, 2015, 06:18:31 AM |
|
OKcoin futures now above market price for OKcoin spot price, Bitstamp and Coinbase!
Haven't seen that for a while.
Edit:
At the time of post it was higher. OKcoin spot is now higher.
|
|
|
|
|
Fatman3001
Legendary
Offline
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
|
|
April 22, 2015, 06:27:52 AM |
|
Just woke up. Price not in freefall. Happy times!
|
|
|
|
|
podyx
Legendary
Offline
Activity: 2338
Merit: 1035
|
|
April 22, 2015, 06:36:24 AM |
|
Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him. You need to have some guts to go 10x leverage with $3 mill tho, gotta give him that. |
|
|
|
|
|
|
ChartBuddy
Legendary
Online
Activity: 2898
Merit: 2483
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
April 22, 2015, 06:58:20 AM |
|
|
|
|
|
|
Cassius
Legendary
Offline
Activity: 1764
Merit: 1031
|
|
April 22, 2015, 07:01:46 AM |
|
Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him. You need to have some guts to go 10x leverage with $3 mill tho, gotta give him that. Does that mean he lost $3m? |
|
|
|
|
Fatman3001
Legendary
Offline
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
|
|
April 22, 2015, 07:12:37 AM |
|
Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him. You need to have some guts to go 10x leverage with $3 mill tho, gotta give him that. Does that mean he lost $3m? Funny thing is, imagine all those who got all their low bids filled because of his margin call only to see it shoot up $10 a second later. |
|
|
|
|
Cassius
Legendary
Offline
Activity: 1764
Merit: 1031
|
|
April 22, 2015, 07:25:27 AM |
|
Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him. You need to have some guts to go 10x leverage with $3 mill tho, gotta give him that. Does that mean he lost $3m? Funny thing is, imagine all those who got all their low bids filled because of his margin call only to see it shoot up $10 a second later. So it has the effect of clearing the order books in both directions? |
|
|
|
|
|
Poll
