adamstgBit
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June 26, 2015, 05:38:46 PM |
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what if we see >500million dollars in new longs in less than 2 years?
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Ezmoneyezlife
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June 26, 2015, 05:49:58 PM |
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what if we see >500million dollars in new longs in less than 2 years? Considering incoming collapse of USD - no shit man, but we talk about near future here, and its pretty damn clear to me that there's gonna be the last market rape to sub 200$ before a stable rise to >300$. Why would market makers throw away the last opportunity to get sub 200$ coins, just couple of chinese fake flash dumps and margin calls leading maket to 130-160$ are here, piece of cake.
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ChartBuddy
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June 26, 2015, 05:57:05 PM |
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Fatman3001
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June 26, 2015, 05:59:39 PM |
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adamstgBit
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June 26, 2015, 06:02:53 PM |
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what if we see >500million dollars in new longs in less than 2 years? Considering incoming collapse of USD - no shit man, but we talk about near future here, and its pretty damn clear to me that there's gonna be the last market rape to sub 200$ before a stable rise to >300$. Why would market makers throw away the last opportunity to get sub 200$ coins, just couple of chinese fake flash dumps and margin calls leading maket to 130-160$ is here, piece of cake. it would cost quite a bit of bitcoin to start squeezing longs, bitfinex is showing >10K coins to 230, and i think we'd need to see price reach <180 for a squeeze to really take effect, even then... traders would do everything in there power to not drop a long sub 200.the past 2 long squeezes was started at >500 ( bulls admit defeat ), >200 bulls capitulate, bulls are going to re-capitulate now? no no no the only way is up now.
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Ezmoneyezlife
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June 26, 2015, 06:14:40 PM |
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what if we see >500million dollars in new longs in less than 2 years? Considering incoming collapse of USD - no shit man, but we talk about near future here, and its pretty damn clear to me that there's gonna be the last market rape to sub 200$ before a stable rise to >300$. Why would market makers throw away the last opportunity to get sub 200$ coins, just couple of chinese fake flash dumps and margin calls leading maket to 130-160$ is here, piece of cake. it would cost quite a bit of bitcoin to start squeezing longs, bitfinex is showing >10K coins to 230, and i think we'd need to see price reach <180 for a squeeze to really take effect, even then... traders would do everything in there power to not drop a long sub 200.the past 2 long squeezes was started at >500 ( bulls admit defeat ), >200 bulls capitulate, bulls are going to re-capitulate now? no no no the only way is up now. 1) we all know that finex' walls are mostly fake, we've been watching them flashing from ask to bid side back and forth 2) market makers use goxobi to create any kind of squeeze, goxobi forces okgox to follow, okgox forces another exchanges 3) who are bulls, man? those people who have >120.000 BTC in longs for now? most of longs had been placed at ~250-270$ according to my observation so they have liquidation price around 170-180$ and stops around 200$ and market makers do know that, why wouldnt they fuck them to get their BTC? 4) goxobi can easily flash break 180$ after another auction announcement. if it happens - most of people would rather think about double bottom around 160$.
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Wandererfromthenorth
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June 26, 2015, 06:25:49 PM Last edit: June 27, 2015, 07:02:44 PM by Wandererfromthenorth |
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what if we see >500million dollars in new longs in less than 2 years? Considering incoming collapse of USD - no shit man, but we talk about near future here, and its pretty damn clear to me that there's gonna be the last market rape to sub 200$ before a stable rise to >300$. Why would market makers throw away the last opportunity to get sub 200$ coins, just couple of chinese fake flash dumps and margin calls leading maket to 130-160$ is here, piece of cake. it would cost quite a bit of bitcoin to start squeezing longs, bitfinex is showing >10K coins to 230, and i think we'd need to see price reach <180 for a squeeze to really take effect, even then... traders would do everything in there power to not drop a long sub 200.the past 2 long squeezes was started at >500 ( bulls admit defeat ), >200 bulls capitulate, bulls are going to re-capitulate now? no no no the only way is up now. The moment you realize that the whole bitfinex bid side standing before double digits is only 5 days worth of BTC monetary inflation: https://www.bitfinex.com/pages/ll_order_book
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adamstgBit
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June 26, 2015, 06:35:11 PM |
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all we need is a million poeple hitting market buy with 12 fucking dollars all at once and then KAboom >32,000$ ( for a few seconds )
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Fatman3001
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June 26, 2015, 06:47:50 PM |
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all we need is a million poeple hitting market buy with 12 fucking dollars all at once and then KAboom >32,000$ ( for a few seconds )
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ChartBuddy
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June 26, 2015, 06:57:04 PM |
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Dilla
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June 26, 2015, 07:01:46 PM |
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all we need is a million poeple hitting market buy with 12 fucking dollars all at once and then KAboom >32,000$ ( for a few seconds )
Let's do it! Get fvkn rekt Bears!
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inca
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June 26, 2015, 07:10:28 PM |
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Not long until we move up IMO.
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Erdogan
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June 26, 2015, 07:12:41 PM |
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It would be nice (for the bears ) to see a 4k dump soon, the wall on bfx asks for it... The bid walls were there for more than a week, just begging for a huge dump. The very fact that such dump didn't happen tells us one thing loud and clear: The bears have no more coins to dump, and are afraid to borrow. All their "dump talk" is just a bravado, there is nothing behind it. Looks like this bear market died a horrible death: it died of boredom. The big dumps have taught the believers with lots of fiat, that it is smart to keep large, low price, bids.
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ChartBuddy
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June 26, 2015, 07:57:04 PM |
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ejinte
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June 26, 2015, 08:56:22 PM |
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If everyone will start selling to buy at low rates, where do you think it will stop? at low rates?
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ChartBuddy
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June 26, 2015, 08:57:10 PM |
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adamstgBit
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June 26, 2015, 09:25:04 PM |
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adamstgBit
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June 26, 2015, 09:49:11 PM |
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its happening right now.
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Brewins
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June 26, 2015, 09:50:51 PM |
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If everyone will start selling to buy at low rates, where do you think it will stop? at low rates? I guess he wanted us to answer it won't stop until 0
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ssmc2
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June 26, 2015, 09:53:22 PM |
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its happening right now.
Dees
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